PDS Planning Inc Acquires 16,723 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

PDS Planning Inc boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 233,195 shares of the company’s stock after acquiring an additional 16,723 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 1.0% of PDS Planning Inc’s portfolio, making the stock its 21st largest position. PDS Planning Inc’s holdings in Vanguard Tax-Exempt Bond ETF were worth $11,690,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Axxcess Wealth Management LLC grew its holdings in Vanguard Tax-Exempt Bond ETF by 1.1% during the 4th quarter. Axxcess Wealth Management LLC now owns 117,930 shares of the company’s stock worth $5,912,000 after acquiring an additional 1,261 shares during the last quarter. Wrenne Financial Planning LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 5.3% in the 4th quarter. Wrenne Financial Planning LLC now owns 47,295 shares of the company’s stock worth $2,371,000 after purchasing an additional 2,374 shares during the period. Clearwater Capital Advisors LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $588,000. Parallel Advisors LLC lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 89.6% in the 4th quarter. Parallel Advisors LLC now owns 45,766 shares of the company’s stock worth $2,294,000 after purchasing an additional 21,625 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 2.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 70,201 shares of the company’s stock worth $3,519,000 after purchasing an additional 1,566 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTEB opened at $49.78 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17. The company’s 50 day moving average price is $50.10 and its 200-day moving average price is $50.44.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

Vanguard Tax-Exempt Bond ETF 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.