Wells Financial Advisors INC Acquires 12,880 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Wells Financial Advisors INC lifted its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 214.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,880 shares of the company’s stock after acquiring an additional 12,880 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 1.3% of Wells Financial Advisors INC’s holdings, making the stock its 24th largest holding. Wells Financial Advisors INC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in VTEB. FSC Wealth Advisors LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 3.3% in the fourth quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock worth $343,000 after buying an additional 216 shares in the last quarter. Cypress Wealth Services LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 0.7% during the 4th quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock valued at $1,588,000 after acquiring an additional 223 shares during the last quarter. Family Investment Center Inc. grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.1% during the fourth quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock worth $283,000 after purchasing an additional 223 shares in the last quarter. Allen Capital Group LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 4.0% in the fourth quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock worth $299,000 after purchasing an additional 227 shares during the last quarter. Finally, Lpwm LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 1.5% in the fourth quarter. Lpwm LLC now owns 16,792 shares of the company’s stock valued at $842,000 after purchasing an additional 245 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Trading Down 0.2 %

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $49.59 on Wednesday. The company has a 50 day simple moving average of $50.09 and a two-hundred day simple moving average of $50.40. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

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.