Vanguard Tax-Exempt Bond Index Fund ETF Shares (VTEB)Muni National Interm | Exchange Traded Fund | NYSEArca
47.96 USD
+0.35
(0.735%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 6:42 a.m. EDT
The Vanguard Tax-Exempt Bond Index Fund is currently trapped in a defensive posture, offering a robust 3.6% yield that serves as a floor rather than a growth engine. While the dividend stream is reliable and well-covered, the underlying asset class is under pressure; the fund has lost nearly 3% over the last nine years, and the trailing twelve-month performance was negative. Technicals confirm this weakness, with the price trading below both its 50-day and 200-day averages, signaling a downtrend that has yet to reverse. Options data reinforces this bearish sentiment, with traders aggressively buying protection at the 50-strike level while ignoring upside potential. For investors seeking income, the yield is attractive, but for capital appreciation, the structural decline in municipal bond valuations and the lack of momentum make this a hold, not a buy. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.015924 |
| AutoTheta | 0.016136 |
| AutoETS | 0.016645 |
| AutoARIMA | 0.017349 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 69% |
| H-stat | 220.42 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.069 |
| Excess Kurtosis | -0.43 |
As of Oct. 10, 2026, 6:42 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest concentrated in the 50-51 strike range for February and May expirations, suggesting a fear of a significant drop toward par value. Conversely, call activity is sparse and skewed toward lower strikes, indicating limited bullish conviction despite the tax-exempt status.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.29% | 3.40% | 3.26% | 2.87% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-01 | 0.137 | 0.288603 |
| 2026-09-01 | 0.143 | 0.291956 |
| 2026-08-03 | 0.142 | 0.286753 |
| 2026-07-01 | 0.142 | 0.281355 |
| 2026-06-01 | 0.138 | 0.274408 |
| 2026-05-01 | 0.142 | 0.283038 |
| 2026-04-01 | 0.142 | 0.284512 |
| 2026-03-02 | 0.149 | 0.292903 |
| 2026-02-02 | 0.140 | 0.277338 |
| 2025-12-18 | 0.142 | 0.283094 |
| 2025-12-01 | 0.142 | 0.282587 |
| 2025-11-03 | 0.140 | 0.278275 |
| 2025-10-01 | 0.142 | 0.284057 |
| 2025-09-02 | 0.139 | 0.284836 |
| 2025-08-01 | 0.137 | 0.280565 |
| 2025-07-01 | 0.136 | 0.277948 |
| 2025-06-02 | 0.137 | 0.281893 |
| 2025-05-01 | 0.137 | 0.279706 |
| 2025-04-01 | 0.135 | 0.271739 |
| 2025-03-03 | 0.138 | 0.273484 |
| 2025-02-03 | 0.132 | 0.263631 |
| 2024-12-24 | 0.135 | 0.270162 |
| 2024-12-02 | 0.131 | 0.256812 |
| 2024-11-01 | 0.131 | 0.260748 |
| 2024-10-01 | 0.134 | 0.262026 |
| 2024-09-03 | 0.131 | 0.258485 |
| 2024-08-01 | 0.130 | 0.257019 |
| 2024-07-01 | 0.133 | 0.266373 |
| 2024-06-03 | 0.131 | 0.263741 |
| 2024-05-01 | 0.131 | 0.263158 |
| 2024-04-01 | 0.128 | 0.254271 |
| 2024-03-01 | 0.131 | 0.258434 |
| 2024-02-01 | 0.127 | 0.248727 |
| 2023-12-22 | 0.128 | 0.251473 |
| 2023-12-01 | 0.128 | 0.255234 |
| 2023-11-01 | 0.118 | 0.248316 |
| 2023-10-02 | 0.124 | 0.259904 |
| 2023-09-01 | 0.120 | 0.243260 |
| 2023-08-01 | 0.117 | 0.234094 |
| 2023-07-03 | 0.117 | 0.233486 |
| 2023-06-01 | 0.115 | 0.230507 |
| 2023-05-01 | 0.115 | 0.229724 |
| 2023-04-03 | 0.113 | 0.223408 |
| 2023-03-01 | 0.118 | 0.239254 |
| 2023-02-01 | 0.112 | 0.219996 |
| 2022-12-23 | 0.111 | 0.223835 |
| 2022-12-01 | 0.107 | 0.214386 |
| 2022-11-01 | 0.093 | 0.195255 |
| 2022-10-03 | 0.098 | 0.203277 |
| 2022-09-01 | 0.093 | 0.188107 |
| 2022-08-01 | 0.087 | 0.170421 |
| 2022-07-01 | 0.081 | 0.161741 |
| 2022-06-01 | 0.076 | 0.149813 |
| 2022-05-02 | 0.070 | 0.140168 |
| 2022-04-01 | 0.068 | 0.132064 |
| 2022-03-01 | 0.080 | 0.150235 |
| 2022-02-01 | 0.070 | 0.130719 |
| 2021-12-23 | 0.069 | 0.125523 |
| 2021-12-01 | 0.075 | 0.136438 |
| 2021-11-01 | 0.072 | 0.131989 |
| 2021-10-01 | 0.075 | 0.137061 |
| 2021-09-01 | 0.072 | 0.130435 |
| 2021-08-02 | 0.072 | 0.129800 |
| 2021-07-01 | 0.075 | 0.135796 |
| 2021-06-01 | 0.074 | 0.134277 |
| 2021-05-03 | 0.078 | 0.141921 |
| 2021-04-01 | 0.077 | 0.140948 |
| 2021-03-01 | 0.087 | 0.159985 |
| 2021-02-01 | 0.078 | 0.140998 |
| 2020-12-23 | 0.083 | 0.150635 |
| 2020-12-01 | 0.089 | 0.162438 |
| 2020-11-02 | 0.085 | 0.157233 |
| 2020-10-01 | 0.089 | 0.163814 |
| 2020-09-01 | 0.088 | 0.161557 |
| 2020-08-03 | 0.091 | 0.166028 |
| 2020-07-01 | 0.091 | 0.168300 |
| 2020-06-01 | 0.096 | 0.178472 |
| 2020-05-01 | 0.093 | 0.177549 |
| 2020-04-01 | 0.106 | 0.204042 |
| 2020-03-02 | 0.090 | 0.164084 |
| 2020-02-03 | 0.097 | 0.178342 |
| 2019-12-23 | 0.099 | 0.184978 |
| 2019-12-02 | 0.098 | 0.183521 |
| 2019-11-01 | 0.102 | 0.190619 |
| 2019-10-01 | 0.100 | 0.186811 |
| 2019-09-03 | 0.103 | 0.190600 |
| 2019-08-01 | 0.106 | 0.198465 |
| 2019-07-01 | 0.103 | 0.194560 |
| 2019-06-03 | 0.106 | 0.200227 |
| 2019-05-01 | 0.102 | 0.195402 |
| 2019-04-01 | 0.106 | 0.203807 |
| 2019-03-01 | 0.097 | 0.188973 |
| 2019-02-01 | 0.107 | 0.209270 |
| 2018-12-24 | 0.103 | 0.202159 |
| 2018-12-03 | 0.101 | 0.199921 |
| 2018-11-01 | 0.107 | 0.214043 |
| 2018-10-01 | 0.096 | 0.190514 |
| 2018-09-04 | 0.101 | 0.198662 |
| 2018-08-01 | 0.100 | 0.196773 |
| 2018-07-02 | 0.091 | 0.178817 |
| 2018-06-01 | 0.093 | 0.182855 |
| 2018-05-01 | 0.093 | 0.184341 |
| 2018-04-02 | 0.093 | 0.183360 |
| 2018-03-01 | 0.083 | 0.163515 |
| 2018-02-01 | 0.089 | 0.175128 |
| 2017-12-26 | 0.089 | 0.172782 |
| 2017-11-01 | 0.080 | 0.155129 |
| 2017-10-02 | 0.086 | 0.166828 |
| 2017-09-01 | 0.088 | 0.169557 |
| 2017-08-01 | 0.084 | 0.162791 |
| 2017-07-03 | 0.087 | 0.169922 |
| 2017-06-01 | 0.086 | 0.167283 |
| 2017-05-01 | 0.088 | 0.173604 |
| 2017-04-03 | 0.077 | 0.151994 |
| 2017-03-01 | 0.083 | 0.164846 |
| 2017-02-01 | 0.073 | 0.145303 |
| 2016-12-22 | 0.078 | 0.155782 |
| 2016-12-01 | 0.082 | 0.165824 |
| 2016-11-01 | 0.063 | 0.122140 |
| 2016-10-03 | 0.072 | 0.138063 |
| 2016-09-01 | 0.084 | 0.160244 |
| 2016-08-01 | 0.064 | 0.122044 |
| 2016-07-01 | 0.067 | 0.127183 |
| 2016-06-01 | 0.051 | 0.098475 |
| 2016-05-02 | 0.071 | 0.137304 |
| 2016-04-01 | 0.066 | 0.128355 |
| 2016-03-01 | 0.071 | 0.138618 |
| 2016-02-01 | 0.065 | 0.126854 |
| 2015-12-23 | 0.103 | 0.202916 |
| 2015-12-01 | 0.032 | 0.063254 |
| 2015-11-02 | 0.067 | 0.133307 |
| 2015-10-01 | 0.076 | 0.151425 |
| 2015-09-01 | 0.019 | 0.038053 |
| Attribute | Value |
|---|---|
| All Time High | 55.68 |
| All Time Low | 44.0 |
| Ask | 0.0 |
| Ask Size | 20,900 |
| Average Daily Volume10 Day | 38,453,570 |
| Average Daily Volume3 Month | 18,998,447 |
| Average Volume | 18,998,447 |
| Average Volume10Days | 38,453,570 |
| Beta3 Year | 0.95 |
| Bid | 0.0 |
| Bid Size | 21,300 |
| Category | Muni National Interm |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 48.0554 |
| Day Low | 47.92 |
| Display Name | Tax-Exempt Bond Idx Fd ETF |
| Dividend Yield | 3.6 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 48.5804 |
| Fifty Day Average Change | -0.6203995 |
| Fifty Day Average Change Percent | -0.012770572 |
| Fifty Two Week Change Percent | -5.722773 |
| Fifty Two Week High | 51.18 |
| Fifty Two Week High Change | -3.2200012 |
| Fifty Two Week High Change Percent | -0.06291523 |
| Fifty Two Week Low | 46.87 |
| Fifty Two Week Low Change | 1.0900002 |
| Fifty Two Week Low Change Percent | 0.023255818 |
| Fifty Two Week Range | 46.87 - 51.18 |
| First Trade Date Milliseconds | 1,440,509,400,000 |
| Five Year Average Return | 0.0010295999 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.38299942 |
| Fullday Change Percent | 0.80445164 |
| Fullday Price | 47.96 |
| Fund Family | Vanguard |
| Fund Inception Date | 1,440,460,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The Target Index includes municipal bonds issued by states, local governments, or agencies whose interest is exempt from U.S. federal income taxes and the federal alternative minimum tax (AMT). Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the bonds that make up the Target Index. |
| Long Name | Vanguard Tax-Exempt Bond Index Fund ETF Shares |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_288842639 |
| Nav Price | 47.59 |
| Net Assets | 51,706,888,000.0 |
| Net Expense Ratio | 0.03 |
| Open | 47.94 |
| Previous Close | 47.61 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.349998 |
| Regular Market Change Percent | 0.735136 |
| Regular Market Day High | 48.0554 |
| Regular Market Day Low | 47.92 |
| Regular Market Day Range | 47.92 - 48.0554 |
| Regular Market Open | 47.94 |
| Regular Market Previous Close | 47.61 |
| Regular Market Price | 47.96 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 28,082,733 |
| Short Name | Vanguard Tax-Exempt Bond ETF |
| Source Interval | 15 |
| Symbol | VTEB |
| Three Year Average Return | 0.029123198 |
| Total Assets | 51,706,888,192 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -5.77473 |
| Trailing Three Month Returns | -5.77473 |
| Triggerable | 1 |
| Two Hundred Day Average | 49.87935 |
| Two Hundred Day Average Change | -1.9193497 |
| Two Hundred Day Average Change Percent | -0.038479846 |
| Type Disp | ETF |
| Volume | 28,082,733 |
| Yield | 0.036 |
| Ytd Return | -3.79026 |