Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) to Issue $0.14 Monthly Dividend

Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) declared a monthly dividend on Thursday, January 8th. Stockholders of record on Monday, February 2nd will be paid a dividend of 0.1398 per share on Wednesday, February 4th. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Monday, February 2nd.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB traded up $0.04 during trading hours on Friday, reaching $50.56. The stock had a trading volume of 12,800,136 shares, compared to its average volume of 7,791,177. The firm has a 50-day simple moving average of $50.38 and a 200 day simple moving average of $49.91. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $50.68.

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.