Quotient Wealth Partners LLC Purchases 30,337 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Quotient Wealth Partners LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 405,061 shares of the company’s stock after purchasing an additional 30,337 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for about 0.7% of Quotient Wealth Partners LLC’s holdings, making the stock its 23rd biggest position. Quotient Wealth Partners LLC owned approximately 0.06% of Vanguard Tax-Exempt Bond ETF worth $20,306,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Merkkuri Wealth Advisors LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 1.8% in the third quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock valued at $585,000 after acquiring an additional 202 shares during the last quarter. FSC Wealth Advisors LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 3.3% during the fourth quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock valued at $343,000 after purchasing an additional 216 shares during the period. Cypress Wealth Services LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 0.7% during the fourth quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock valued at $1,588,000 after purchasing an additional 223 shares during the period. Family Investment Center Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 4.1% in the fourth quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock worth $283,000 after buying an additional 223 shares during the last quarter. Finally, Allen Capital Group LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 4.0% during the 4th quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock valued at $299,000 after buying an additional 227 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $50.23 on Friday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The business has a 50-day moving average of $50.23 and a 200 day moving average of $50.53.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.1317 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

Vanguard Tax-Exempt Bond ETF Company Profile

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.