Miracle Mile Advisors LLC Has $2.76 Million Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Miracle Mile Advisors LLC lifted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) by 3.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 54,099 shares of the company’s stock after purchasing an additional 1,790 shares during the period. Miracle Mile Advisors LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,762,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VTEB. HM Payson & Co. bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth $32,000. Headlands Technologies LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at $39,000. VisionPoint Advisory Group LLC bought a new stake in Vanguard Tax-Exempt Bond ETF in the 2nd quarter valued at $41,000. Planned Solutions Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $45,000. Finally, Fifth Third Bancorp lifted its position in Vanguard Tax-Exempt Bond ETF by 1,612.5% in the 3rd quarter. Fifth Third Bancorp now owns 959 shares of the company’s stock valued at $46,000 after acquiring an additional 903 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Up 0.0 %

Shares of VTEB stock opened at $50.60 on Monday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $47.14 and a 1 year high of $51.15. The firm’s fifty day moving average price is $50.65 and its two-hundred day moving average price is $49.78.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd will be paid a $0.1279 dividend. The ex-dividend date is Monday, April 1st.

Vanguard Tax-Exempt Bond ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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