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NYSEARCA:VTEB

Vanguard Tax-Exempt Bond ETF (VTEB) Price, Holdings, & News

$50.44
+0.08 (+0.16%)
(As of 07/26/2024 ET)
Today's Range
$50.41
$50.49
50-Day Range
$49.55
$50.52
52-Week Range
$47.14
$51.15
Volume
2.78 million shs
Average Volume
4.08 million shs
Market Capitalization
$32.23 billion
Assets Under Management
$33.55 billion
Dividend Yield
2.04%
Net Expense Ratio
0.05%
VTEB stock logo

About Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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.

VTEB Stock Price History

VTEB ETF News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Vanguard Tax-Exempt Bond Fund Admiral Shares
Vanguard Tax-Exempt Bond ETF
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Vanguard Launches Two Tax-Exempt Bond ETFs
See More Headlines
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Fund Details

Issuer
Vanguard
Fund Name
Vanguard Tax-Exempt Bond ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:VTEB
Inception Date
8/21/2015
Fund Manager
Adam M. Ferguson

Fund Focus

Asset Class
Fixed Income
Benchmark
S&P National AMT-Free Municipal Bond Index
Category
Municipals
Focus
Broad Municipals
Development Level
Developed Markets
Region
North America
Number of Holdings
10335

Fund Statistics

Assets Under Management
$33.55 billion
Average Daily Volume
$3.56 million
Discount/Premium
-0.07%

Administrator, Advisor and Custodian

Administrator
The Vanguard Group, Inc.
Advisor
The Vanguard Group, Inc.
Custodian
State Street Bank and Trust Company
Distributor
Vanguard Marketing Corporation
Transfer Agent
The Vanguard Group, Inc.
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
N/A
Short Interest
3,340,000 shs

Miscellaneous

Beta
0.11
Creation Unit
50,000
Creation Fee
$1,000.00
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Vanguard Tax-Exempt Bond ETF Expenses

TypeVTEBBroad Municipals ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.04%0.32%0.32%0.51%0.51%
Other Expenses0.01%0.57%0.26%0.59%0.54%
Total Expense0.05%0.46%0.40%0.74%0.71%
Fee Waiver0.00%-0.31%-0.25%-0.69%-0.59%
Net Expense0.05%0.41%0.35%0.58%0.58%

Vanguard Tax-Exempt Bond ETF (VTEB) Holdings & Exposure

Top 10 VTEB Holdings

  • Municipal Low Dur Fund
    Holding Weight: 0.26%
  • Us Dollar
    Holding Weight: 0.15%
  • LOS ANGELES CALIF UNI SCH DIST
    Holding Weight: 0.14%
  • CALIFORNIA ST
    Holding Weight: 0.13%
  • TEXAS ST
    Holding Weight: 0.13%
  • MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV
    Holding Weight: 0.12%
  • ILLINOIS ST
    Holding Weight: 0.10%
  • AUSTIN TEX CMNTY COLLEGE DIST
    Holding Weight: 0.09%
  • CALIFORNIA ST
    Holding Weight: 0.09%
  • HUDSON YDS INFRASTRUCTURE CORP N Y SECOND INDENTURE REV
    Holding Weight: 0.09%

VTEB Sector Exposure

VTEB Industry Exposure

Should I Buy Vanguard Tax-Exempt Bond ETF Stock? VTEB Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Vanguard Tax-Exempt Bond ETF:

  • The Vanguard Tax-Exempt Bond ETF (VTEB) invests in investment grade fixed income, providing a relatively safe investment option.
  • VTEB tracks a market-weighted index of investment-grade debt issued by state and local governments and agencies, offering diversification.
  • Interest earned from VTEB is exempt from US income tax and from AMT, providing tax advantages to investors.
  • VTEB has a competitive expense ratio, which can help investors save on costs over the long term.
  • As of the most recent update, VTEB's stock price has shown stability and potential for growth, making it an attractive investment option.

Cons

Investors should be bearish about investing in Vanguard Tax-Exempt Bond ETF for these reasons:

  • While VTEB offers tax advantages, the returns may be lower compared to riskier investments, potentially limiting overall portfolio growth.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Vanguard Tax-Exempt Bond ETF pros and cons to contact@marketbeat.com.

VTEB ETF - Frequently Asked Questions

How have VTEB shares performed this year?

Vanguard Tax-Exempt Bond ETF's stock was trading at $51.05 on January 1st, 2024. Since then, VTEB shares have decreased by 1.2% and is now trading at $50.4350.
View the best growth stocks for 2024 here
.

Who are Vanguard Tax-Exempt Bond ETF's major shareholders?

Vanguard Tax-Exempt Bond ETF's top institutional investors include Raymond James & Associates (2.80%), Aspiriant LLC (0.82%), Cliftonlarsonallen Wealth Advisors LLC (0.52%) and Orgel Wealth Management LLC (0.33%).

How do I buy shares of Vanguard Tax-Exempt Bond ETF?

Shares of VTEB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Vanguard Tax-Exempt Bond ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Vanguard Tax-Exempt Bond ETF investors own include Archer-Daniels-Midland (ADM), CVS Health (CVS), AT&T (T), AbbVie (ABBV), Salesforce (CRM), Cisco Systems (CSCO) and Iron Mountain (IRM).

This page (NYSEARCA:VTEB) was last updated on 7/27/2024 by MarketBeat.com Staff

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