Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Stock Holdings Lifted by Physician Wealth Solutions Inc.

Physician Wealth Solutions Inc. increased its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 288,306 shares of the company’s stock after buying an additional 8,691 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 7.2% of Physician Wealth Solutions Inc.’s holdings, making the stock its 3rd biggest holding. Physician Wealth Solutions Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $14,453,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Stephens Inc. AR increased its position in Vanguard Tax-Exempt Bond ETF by 2.2% during the 3rd quarter. Stephens Inc. AR now owns 36,232 shares of the company’s stock valued at $1,852,000 after purchasing an additional 780 shares during the period. Clear Creek Financial Management LLC increased its position in Vanguard Tax-Exempt Bond ETF by 11.5% during the 3rd quarter. Clear Creek Financial Management LLC now owns 13,388 shares of the company’s stock valued at $684,000 after purchasing an additional 1,381 shares during the period. Janney Montgomery Scott LLC increased its position in Vanguard Tax-Exempt Bond ETF by 8.7% during the 3rd quarter. Janney Montgomery Scott LLC now owns 247,188 shares of the company’s stock valued at $12,636,000 after purchasing an additional 19,799 shares during the period. Opes Wealth Management LLC increased its position in Vanguard Tax-Exempt Bond ETF by 8.1% during the 3rd quarter. Opes Wealth Management LLC now owns 37,485 shares of the company’s stock valued at $1,916,000 after purchasing an additional 2,795 shares during the period. Finally, Forum Financial Management LP increased its position in Vanguard Tax-Exempt Bond ETF by 105.4% during the 3rd quarter. Forum Financial Management LP now owns 10,682 shares of the company’s stock valued at $546,000 after purchasing an additional 5,482 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.46 on Tuesday. The company’s fifty day simple moving average is $50.12 and its two-hundred day simple moving average is $50.50. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.49 and a 12-month high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be given a $0.1317 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is an increase 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.