Retirement Investment Advisors Inc. Purchases 14,158 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Retirement Investment Advisors Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 14.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 111,552 shares of the company’s stock after purchasing an additional 14,158 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for 0.5% of Retirement Investment Advisors Inc.’s portfolio, making the stock its 13th largest holding. Retirement Investment Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,610,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quantum Financial Planning Services Inc. increased its holdings in Vanguard Tax-Exempt Bond ETF by 2.1% in the 4th quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock valued at $481,000 after acquiring an additional 199 shares during the last quarter. James Investment Research Inc. increased its holdings in Vanguard Tax-Exempt Bond ETF by 0.7% in the 3rd quarter. James Investment Research Inc. now owns 29,033 shares of the company’s stock valued at $1,454,000 after acquiring an additional 200 shares during the last quarter. Litman Gregory Wealth Management LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 4.6% in the 3rd quarter. Litman Gregory Wealth Management LLC now owns 4,602 shares of the company’s stock valued at $230,000 after acquiring an additional 204 shares during the last quarter. Moseley Investment Management Inc. increased its holdings in Vanguard Tax-Exempt Bond ETF by 2.1% in the 3rd quarter. Moseley Investment Management Inc. now owns 10,077 shares of the company’s stock valued at $505,000 after acquiring an additional 206 shares during the last quarter. Finally, Planning Directions Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.1% in the 4th quarter. Planning Directions Inc. now owns 18,551 shares of the company’s stock worth $933,000 after buying an additional 207 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Vanguard Tax-Exempt Bond ETF stock opened at $49.96 on Tuesday. The company’s 50-day moving average price is $50.45 and its 200-day moving average price is $50.38. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $51.18.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.1487 dividend. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

Vanguard Tax-Exempt Bond ETF Company Profile

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.