Financial Strategies Group Inc. Increases Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Financial Strategies Group Inc. grew its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,344 shares of the company’s stock after buying an additional 1,882 shares during the period. Financial Strategies Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,254,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Captrust Financial Advisors grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 18.6% in the 3rd quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock valued at $15,064,000 after buying an additional 46,219 shares during the period. Central Pacific Bank Trust Division purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth approximately $103,000. Eclectic Associates Inc. ADV boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 5.3% during the 4th quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock worth $962,000 after purchasing an additional 972 shares during the period. Souders Financial Advisors boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 1.1% during the 3rd quarter. Souders Financial Advisors now owns 27,666 shares of the company’s stock worth $1,414,000 after purchasing an additional 295 shares during the period. Finally, Cedar Mountain Advisors LLC purchased a new position in shares of Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth approximately $793,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.2 %

NYSEARCA:VTEB opened at $50.13 on Monday. The company has a 50 day moving average price of $50.30 and a 200 day moving average price of $50.54. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.1317 per share. The ex-dividend date of this dividend is 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.