Xena Financial Planning LLC Takes Position in Vanguard Tax-Exempt Bond ETF $VTEB

Xena Financial Planning LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 135,534 shares of the company’s stock, valued at approximately $6,816,000. Vanguard Tax-Exempt Bond ETF makes up 8.0% of Xena Financial Planning LLC’s holdings, making the stock its 4th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 1.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 35,747,656 shares of the company’s stock valued at $1,789,885,000 after acquiring an additional 580,997 shares during the period. Wealthfront Advisers LLC increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 6.4% in the third quarter. Wealthfront Advisers LLC now owns 22,264,110 shares of the company’s stock worth $1,114,764,000 after purchasing an additional 1,347,394 shares during the period. Raymond James Financial Inc. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 1.8% during the 3rd quarter. Raymond James Financial Inc. now owns 22,217,280 shares of the company’s stock worth $1,112,419,000 after purchasing an additional 386,204 shares during the last quarter. TIAA Trust National Association lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 14.4% during the 3rd quarter. TIAA Trust National Association now owns 14,255,500 shares of the company’s stock worth $713,772,000 after purchasing an additional 1,799,750 shares during the last quarter. Finally, Sei Investments Co. boosted its stake in Vanguard Tax-Exempt Bond ETF by 5.0% during the 3rd quarter. Sei Investments Co. now owns 13,859,052 shares of the company’s stock valued at $693,922,000 after purchasing an additional 654,293 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2%

VTEB opened at $49.89 on Wednesday. The stock’s 50 day moving average price is $50.49 and its two-hundred day moving average price is $50.38. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $51.18.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders 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 of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a 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.