Cambridge Investment Research Advisors Inc. Has $1.22 Million Stock Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Cambridge Investment Research Advisors Inc. increased its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,437 shares of the company’s stock after buying an additional 1,742 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,222,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Raymond James & Associates raised its position in Vanguard Tax-Exempt Bond ETF by 15.7% in the 1st quarter. Raymond James & Associates now owns 6,172,498 shares of the company’s stock worth $321,896,000 after purchasing an additional 835,387 shares during the last quarter. Bank of America Corp DE raised its position in Vanguard Tax-Exempt Bond ETF by 56.1% in the 4th quarter. Bank of America Corp DE now owns 1,956,165 shares of the company’s stock worth $99,863,000 after purchasing an additional 703,109 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 65.7% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 666,379 shares of the company’s stock worth $34,752,000 after purchasing an additional 264,128 shares during the last quarter. ETRADE Capital Management LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 21.8% during the 4th quarter. ETRADE Capital Management LLC now owns 535,640 shares of the company’s stock valued at $27,344,000 after acquiring an additional 95,764 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its position in shares of Vanguard Tax-Exempt Bond ETF by 3.4% during the 1st quarter. Jones Financial Companies Lllp now owns 420,575 shares of the company’s stock valued at $21,933,000 after acquiring an additional 14,001 shares during the last quarter.

Shares of Vanguard Tax-Exempt Bond ETF stock traded up $0.01 on Friday, hitting $53.07. 360,753 shares of the company’s stock traded hands, compared to its average volume of 537,105. The firm has a 50-day moving average price of $52.85. Vanguard Tax-Exempt Bond ETF has a one year low of $49.85 and a one year high of $53.09.

The firm also recently announced a monthly dividend, which was paid on Thursday, June 6th. Shareholders of record on Tuesday, June 4th were given a dividend of $0.1062 per share. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, June 3rd. This represents a $1.27 annualized dividend and a dividend yield of 2.40%.

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

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