Headlands Technologies Acquires New Position in Vanguard Tax-Exempt Bond ETF

Headlands Technologies LLC, a prominent player in the investment landscape, has recently initiated a position in the Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB), as reported in their latest 13F filing with the Securities & Exchange Commission. During the third quarter, Headlands Technologies purchased 805 shares of the ETF, with an estimated value of around $39,000.

Diverse Portfolio Adjustments by Institutions

Headlands Technologies is not alone in adjusting their stakes in the Vanguard Tax-Exempt Bond ETF. HM Payson & Co. bought shares valued at $32,000, and VisionPoint Advisory Group LLC entered a new position worth approximately $41,000 during the second quarter. Meanwhile, Fifth Third Bancorp significantly increased its holding by 1,612.5% in the third quarter, now owning 959 shares worth $46,000. Sound Income Strategies LLC and Salem Investment Counselors Inc. also made substantial new investments in VTEB during the same period.

ETF Performance and Dividend Information

VTEB's stock performance has been stable, with an opening price at $50.63 on a recent Thursday. The ETF has experienced a 52-week low of $47.14 and a high of $51.15, with the 50-day and 200-day moving averages standing at $50.74 and $49.51, respectively. The ETF also increased its dividend payout, issuing a dividend of $0.1283 per share to stockholders recorded on December 26th, up from the previous $0.12 dividend.

Details on Vanguard Tax-Exempt Bond ETF

The ETF is known for primarily investing in fixed income securities of investment grade, aimed at providing tax-exempt interest. Launched on August 21, 2015, VTEB is managed by Vanguard, and it follows a market-weighted index of debt issued by various government entities exempted from US income tax and the Alternative Minimum Tax (AMT).

Investment Tracking and Updates

For those interested in the movements of institutional investors and hedge funds with regards to VTEB, the latest 13F filings, and insider trades can be tracked for more detailed information on their investment strategies and stock positions. Additionally, investors can keep up with daily market news and analysis on VTEB and similar investments for insightful updates.

Investment, Acquisition, ETF