Meridian Wealth Management LLC Acquires New Position in Vanguard Tax-Exempt Bond ETF (VTEB)

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Meridian Wealth Management LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 5,025 shares of the company’s stock, valued at approximately $257,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in VTEB. Envestnet Asset Management Inc. purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at about $106,061,000. WEALTHFRONT Corp grew its stake in Vanguard Tax-Exempt Bond ETF by 21.1% during the 3rd quarter. WEALTHFRONT Corp now owns 11,577,146 shares of the company’s stock valued at $584,762,000 after acquiring an additional 2,019,784 shares in the last quarter. Jane Street Group LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 19,265.2% during the 3rd quarter. Jane Street Group LLC now owns 1,411,918 shares of the company’s stock valued at $71,316,000 after acquiring an additional 1,404,627 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Vanguard Tax-Exempt Bond ETF by 28.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,977,236 shares of the company’s stock valued at $150,383,000 after acquiring an additional 659,144 shares in the last quarter. Finally, Adviser Investments LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $13,437,000.

NYSEARCA:VTEB traded up $0.03 on Monday, hitting $51.38. The stock had a trading volume of 45,156 shares, compared to its average volume of 613,930. Vanguard Tax-Exempt Bond ETF has a 1-year low of $49.85 and a 1-year high of $51.41.

The company also recently announced a monthly dividend, which was paid on Wednesday, February 6th. Shareholders of record on Monday, February 4th were issued a $0.1071 dividend. This represents a $1.29 annualized dividend and a yield of 2.50%. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Friday, February 1st.

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Want to see what other hedge funds are holding VTEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB).

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

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