SwitchPoint Financial Planning LLC Invests $1.89 Million in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

SwitchPoint Financial Planning LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) in the 4th quarter, HoldingsChannel reports. The fund purchased 37,758 shares of the company’s stock, valued at approximately $1,893,000. Vanguard Tax-Exempt Bond ETF accounts for 1.8% of SwitchPoint Financial Planning LLC’s portfolio, making the stock its 15th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of VTEB. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at approximately $29,000. Advantage Trust Co bought a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $42,000. Cromwell Holdings LLC purchased a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $48,000. Millstone Evans Group LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $57,000. Finally, Peterson Wealth Services bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth $80,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $49.59 on Wednesday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The company’s 50-day moving average is $50.09 and its 200 day moving average is $50.40.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.1317 dividend. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, March 3rd.

Vanguard Tax-Exempt Bond ETF Company Profile

(Free Report)

The Vanguard Tax-Exempt Bond ETF (VTEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade debt issued by state and local governments and agencies. Interest is exempt from US income tax and from AMT. VTEB was launched on Aug 21, 2015 and is managed by Vanguard.

Further Reading

Want to see what other hedge funds are holding VTEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report).

Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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