Vanguard Tax-Exempt Bond Index Fund ETF Shares (VTEB)Muni National Interm | Exchange Traded Fund | NYSEArca
49.40 USD
-0.08
(-0.162%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 49.71 +0.31 (0.628%) ⇧ (Aug. 28, 2026, 7:39 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 6:03 a.m. EDT
This tax-exempt bond fund offers a compelling 3.4% yield that is protected from federal taxes, making it a solid income generator for taxable accounts. However, the capital appreciation potential is severely capped; the fund has underperformed its benchmark over the last decade, losing nearly 7% of its value despite rising rates. Recent price action shows the stock hovering near its 52-week lows, failing to recover from a multi-year downtrend where it lost double digits in 2022 and again in 2025. While the dividend is reliable and growing slightly, investors should view this purely as a yield play rather than a growth vehicle, as the underlying municipal bond market faces headwinds that keep the share price depressed. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.012056 |
| AutoARIMA | 0.012376 |
| AutoETS | 0.012557 |
| MSTL | 0.013144 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 77% |
| H-stat | 19.71 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.099 |
| Excess Kurtosis | -1.06 |
As of Aug. 22, 2026, 6:03 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest at strikes 51.00 and 52.00 for the February 2027 expiration, suggesting a belief in significant downside risk over the next year. Conversely, call activity is concentrated at lower strikes (49.00 and 50.00) with very low implied volatility, indicating limited bullish conviction. The skew in implied volatility is pronounced, with puts trading at significantly higher IV than calls, reflecting fear of a bond market repricing event.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.29% | 3.39% | 3.23% | 2.81% |
| Date | Dividend | Yield % |
|---|---|---|
| 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 | 49.94 |
| Ask Size | 7,700 |
| Average Daily Volume10 Day | 8,015,650 |
| Average Daily Volume3 Month | 7,065,042 |
| Average Volume | 7,065,042 |
| Average Volume10Days | 8,015,650 |
| Beta3 Year | 0.95 |
| Bid | 49.41 |
| Bid Size | 13,100 |
| Category | Muni National Interm |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 49.525 |
| Day Low | 49.39 |
| Dividend Yield | 3.42 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 49.9654 |
| Fifty Day Average Change | -0.56539917 |
| Fifty Day Average Change Percent | -0.011315814 |
| Fifty Two Week Change Percent | 1.2295127 |
| Fifty Two Week High | 51.18 |
| Fifty Two Week High Change | -1.7799988 |
| Fifty Two Week High Change Percent | -0.034779187 |
| Fifty Two Week Low | 48.76 |
| Fifty Two Week Low Change | 0.6400032 |
| Fifty Two Week Low Change Percent | 0.013125579 |
| Fifty Two Week Range | 48.76 - 51.18 |
| First Trade Date Milliseconds | 1,440,509,400,000 |
| Five Year Average Return | 0.0060503 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.07999802 |
| Fullday Change Percent | -0.16167748 |
| Fullday Price | 49.71 |
| Fund Family | Vanguard |
| Fund Inception Date | 1,440,115,200 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_288842639 |
| Nav Price | 49.46 |
| Net Assets | 48,521,294,000.0 |
| Net Expense Ratio | 0.03 |
| Open | 49.49 |
| Post Market Change | 0.30999756 |
| Post Market Change Percent | 0.6275254 |
| Post Market Price | 49.71 |
| Post Market Time | 1,787,960,388 |
| Previous Close | 49.48 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.079998 |
| Regular Market Change Percent | -0.161677 |
| Regular Market Day High | 49.525 |
| Regular Market Day Low | 49.39 |
| Regular Market Day Range | 49.39 - 49.525 |
| Regular Market Open | 49.49 |
| Regular Market Previous Close | 49.48 |
| Regular Market Price | 49.4 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 8,835,086 |
| Short Name | Vanguard Tax-Exempt Bond ETF |
| Source Interval | 15 |
| Symbol | VTEB |
| Three Year Average Return | 0.0342641 |
| Total Assets | 48,521,293,824 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -0.56099 |
| Trailing Three Month Returns | -0.56099 |
| Triggerable | 1 |
| Two Hundred Day Average | 50.2506 |
| Two Hundred Day Average Change | -0.8505974 |
| Two Hundred Day Average Change Percent | -0.01692711 |
| Type Disp | ETF |
| Volume | 8,835,086 |
| Yield | 0.0342 |
| Ytd Return | 0.32955 |