VTEB - Vanguard Tax-Exempt Bond ETF
| Assets | $11.80B |
| NAV | $55.07 |
| Expense Ratio | 0.06% |
| PE Ratio | n/a |
| Beta (5Y) | 0.03 |
| Dividend (ttm) | $1.05 |
| Dividend Yield | 1.90% |
| Ex-Dividend Date | Apr 1, 2021 |
| 1-Year Return | - |
| Trading Day | April 19 |
| Last Price | $55.12 |
| Previous Close | $55.12 |
| Change ($) | 0.00 |
| Change (%) | 0.00% |
| Day's Open | 55.10 |
| Day's Range | 55.06 - 55.14 |
| Day's Volume | 1,074,711 |
| 52-Week Range | 51.11 - 55.35 |
Fund Description
The investment seeks to track the Standard & Poor's National AMT-Free Municipal Bond Index, which measures the performance of the investment-grade segment of the U.S. municipal bond market. This index includes municipal bonds from issuers that are primarily state or local governments or agencies whose interest is exempt from U.S. federal income taxes and the federal alternative minimum tax (AMT). All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in securities held in the index.
| Asset Class Fixed Income | Sector Non-Taxable Bonds |
| Region North America | Inception Date Aug 21, 2015 |
| Exchange NYSEARCA | Ticker Symbol VTEB |
| Index Tracked SP National AMT-Free Municipal Bond Index | |
Top 10 Holdings
2.31% of assets| Name | Symbol | Weight |
|---|---|---|
| FLORIDA ST BRD ED PUB ED | n/a | 0.26% |
| GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV | n/a | 0.25% |
| TEXAS ST | n/a | 0.24% |
| SAN DIEGO CALIF UNI SCH DIST | n/a | 0.24% |
| UNIVERSITY TEX UNIV REVS | n/a | 0.23% |
| KLEIN TEX INDPT SCH DIST | n/a | 0.22% |
| METROPOLITAN TRANSN AUTH N Y REV | n/a | 0.22% |
| ILLINOIS ST | n/a | 0.22% |
| TEXAS ST | n/a | 0.22% |
| MULTNOMAH CNTY ORE | n/a | 0.21% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 1, 2021 | $0.0774 | Apr 7, 2021 |
| Mar 1, 2021 | $0.0867 | Mar 4, 2021 |
| Feb 1, 2021 | $0.0782 | Feb 4, 2021 |
| Dec 23, 2020 | $0.0829 | Dec 29, 2020 |
| Dec 1, 2020 | $0.0889 | Dec 4, 2020 |
| Nov 2, 2020 | $0.085 | Nov 5, 2020 |
Investment company Taylor, Cottrill, Erickson & Associates, Inc. (Current Portfolio) buys Vanguard Tax-Exempt Bond ETF, Vanguard Mid-Cap Growth ETF, Vanguard Value ETF, Genuine Parts Co, 3M Co, sells iS...
The coronavirus pandemic has taken its toll on the municipal bond market as shutdowns and record unemployment cut down on business activity and the stable source of revenue, but investors have been jump...
Investors in retirement often look to steady income streams with low risk and municipal bonds and the related ETFs can help investors accomplish that objective.
Fixed-income investors are placing more attention on municipal bond ETFs, with muni bonds rallying and yields closing in on four-decade lows, as coronavirus concerns push more into the munis market.
Investors can still look into municipal bonds and related exchange traded funds as a way to diversify a traditional fixed-income portfolio mix.
