Steph & Co. Has $3.95 Million Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Steph & Co. increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 37.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,280 shares of the company’s stock after acquiring an additional 21,126 shares during the period. Vanguard Tax-Exempt Bond ETF comprises 1.9% of Steph & Co.’s holdings, making the stock its 15th largest holding. Steph & Co.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,945,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in VTEB. HM Payson & Co. acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $32,000. Capital Analysts LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 138.7% during the 4th quarter. Capital Analysts LLC now owns 647 shares of the company’s stock valued at $33,000 after acquiring an additional 376 shares in the last quarter. Headlands Technologies LLC bought a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth $39,000. Planned Solutions Inc. acquired a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth about $45,000. Finally, Fifth Third Bancorp increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 1,612.5% in the third quarter. Fifth Third Bancorp now owns 959 shares of the company’s stock valued at $46,000 after buying an additional 903 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.0 %

NYSEARCA VTEB traded up $0.01 during trading hours on Wednesday, reaching $49.91. The company’s stock had a trading volume of 4,781,625 shares, compared to its average volume of 4,219,761. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.14 and a 52 week high of $51.15. The firm has a fifty day simple moving average of $50.51 and a 200-day simple moving average of $49.90.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid 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.