Red Tortoise LLC Purchases 4,116 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Red Tortoise LLC raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 63.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,593 shares of the company’s stock after purchasing an additional 4,116 shares during the period. Red Tortoise LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $541,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Steph & Co. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 37.6% in the fourth quarter. Steph & Co. now owns 77,280 shares of the company’s stock valued at $3,945,000 after buying an additional 21,126 shares during the period. Goodman Advisory Group LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 92.1% in the fourth quarter. Goodman Advisory Group LLC now owns 223,923 shares of the company’s stock valued at $11,431,000 after buying an additional 107,352 shares during the period. Carl P. Sherr & Co. LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $451,000. Latitude Advisors LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $202,000. Finally, Wealth Alliance boosted its holdings in Vanguard Tax-Exempt Bond ETF by 465.0% during the fourth quarter. Wealth Alliance now owns 65,735 shares of the company’s stock worth $3,356,000 after purchasing an additional 54,100 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB traded up $0.01 during trading hours on Wednesday, hitting $49.91. 4,781,625 shares of the company’s stock were exchanged, compared to its average volume of 4,219,764. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.14 and a 1-year high of $51.15. The stock’s 50-day moving average is $50.51 and its two-hundred day moving average is $49.90.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.1279 per share. The ex-dividend date of this dividend was Monday, April 1st.

Vanguard Tax-Exempt Bond ETF 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.