Sterling Financial Planning Inc. Acquires 11,509 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Sterling Financial Planning Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 22.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,472 shares of the company’s stock after acquiring an additional 11,509 shares during the quarter. Vanguard Tax-Exempt Bond ETF comprises approximately 1.2% of Sterling Financial Planning Inc.’s holdings, making the stock its 29th largest position. Sterling Financial Planning Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $3,132,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of VTEB. Whittier Trust Co. raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 182.5% in the 3rd quarter. Whittier Trust Co. now owns 5,706 shares of the company’s stock valued at $292,000 after acquiring an additional 3,686 shares in the last quarter. Foundations Investment Advisors LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 140.9% during the third quarter. Foundations Investment Advisors LLC now owns 9,981 shares of the company’s stock valued at $510,000 after purchasing an additional 5,837 shares during the last quarter. Oakworth Capital Inc. bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter valued at approximately $160,000. Eastern Bank acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth $86,000. Finally, Private Advisor Group LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.9% during the 3rd quarter. Private Advisor Group LLC now owns 224,314 shares of the company’s stock worth $11,467,000 after buying an additional 12,565 shares during the period.

Vanguard Tax-Exempt Bond ETF Trading Up 0.1 %

Shares of VTEB opened at $50.14 on Thursday. Vanguard Tax-Exempt Bond ETF has a one year low of $49.49 and a one year high of $51.17. The company’s fifty day moving average price is $50.09 and its 200 day moving average price is $50.51.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

About Vanguard Tax-Exempt Bond ETF

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.