Meridian Wealth Management LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,025 shares of the company’s stock, valued at approximately $257,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 1,156.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 40,584 shares of the company’s stock valued at $2,071,000 after buying an additional 37,353 shares in the last quarter. Raymond James Trust N.A. purchased a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at $2,432,000. FMR LLC purchased a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at $170,000. Coastline Trust Co increased its holdings in Vanguard Tax-Exempt Bond ETF by 98.7% in the fourth quarter. Coastline Trust Co now owns 56,905 shares of the company’s stock valued at $2,905,000 after buying an additional 28,260 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 123.6% in the third quarter. Private Advisor Group LLC now owns 26,829 shares of the company’s stock valued at $1,356,000 after buying an additional 14,829 shares in the last quarter.

VTEB traded up $0.03 on Monday, reaching $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 12-month low of $49.85 and a 12-month high of $51.41.

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

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

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