D.A. Davidson & CO. Has $522,000 Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

D.A. Davidson & CO. raised its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 12.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,417 shares of the company’s stock after purchasing an additional 1,116 shares during the period. D.A. Davidson & CO.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $522,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Empower Advisory Group LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 13.1% in the fourth quarter. Empower Advisory Group LLC now owns 355,174 shares of the company’s stock valued at $17,805,000 after acquiring an additional 41,058 shares during the period. Truist Financial Corp boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 42.6% in the fourth quarter. Truist Financial Corp now owns 838,048 shares of the company’s stock valued at $42,011,000 after acquiring an additional 250,167 shares during the period. Cutler Investment Counsel LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 264.0% in the fourth quarter. Cutler Investment Counsel LLC now owns 18,874 shares of the company’s stock valued at $946,000 after acquiring an additional 13,689 shares during the period. Human Investing LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 7.5% in the fourth quarter. Human Investing LLC now owns 22,200 shares of the company’s stock valued at $1,113,000 after acquiring an additional 1,555 shares during the period. Finally, Sanctuary Advisors LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 5.1% in the fourth quarter. Sanctuary Advisors LLC now owns 1,434,168 shares of the company’s stock valued at $72,010,000 after acquiring an additional 69,692 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.54 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.49 and a 1-year high of $51.17. The business has a 50 day moving average of $50.08 and a 200-day moving average of $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.