Lutz Financial Services LLC Acquires 76,494 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Lutz Financial Services LLC grew its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,335,724 shares of the company’s stock after buying an additional 76,494 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises about 4.8% of Lutz Financial Services LLC’s investment portfolio, making the stock its 5th largest holding. Lutz Financial Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $66,880,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of VTEB. Eclectic Associates Inc. ADV lifted its stake in Vanguard Tax-Exempt Bond ETF by 89.5% during the third quarter. Eclectic Associates Inc. ADV now owns 50,860 shares of the company’s stock worth $2,547,000 after purchasing an additional 24,014 shares during the last quarter. Allen Capital Group LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 178.5% in the third quarter. Allen Capital Group LLC now owns 25,362 shares of the company’s stock valued at $1,270,000 after purchasing an additional 16,255 shares during the period. First Citizens Bank & Trust Co. increased its position in Vanguard Tax-Exempt Bond ETF by 1,681.1% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 594,111 shares of the company’s stock valued at $29,747,000 after acquiring an additional 560,755 shares during the period. New York Life Investment Management LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 15.1% during the third quarter. New York Life Investment Management LLC now owns 856,096 shares of the company’s stock worth $42,865,000 after purchasing an additional 112,023 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its stake in shares of Vanguard Tax-Exempt Bond ETF by 12.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 112,667 shares of the company’s stock worth $5,641,000 after acquiring an additional 12,075 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1%

NYSEARCA VTEB opened at $50.96 on Tuesday. The business’s 50 day moving average is $50.52 and its two-hundred day moving average is $50.16. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $50.99.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1398 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%.

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.