Tilson Financial Group Inc. Buys 76,813 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Tilson Financial Group Inc. grew its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 57.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 210,846 shares of the company’s stock after purchasing an additional 76,813 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up 4.3% of Tilson Financial Group Inc.’s holdings, making the stock its 6th biggest position. Tilson Financial Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $10,570,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Source Financial Advisors LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 2.3% during the third quarter. Source Financial Advisors LLC now owns 101,249 shares of the company’s stock worth $5,176,000 after acquiring an additional 2,233 shares during the last quarter. CWA Asset Management Group LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $295,000. Holistic Planning LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the third quarter worth about $278,000. Beta Wealth Group Inc. boosted its position in Vanguard Tax-Exempt Bond ETF by 0.6% during the third quarter. Beta Wealth Group Inc. now owns 39,237 shares of the company’s stock worth $2,006,000 after acquiring an additional 234 shares during the last quarter. Finally, Verus Financial Partners Inc. boosted its position in Vanguard Tax-Exempt Bond ETF by 2.5% during the third quarter. Verus Financial Partners Inc. now owns 229,753 shares of the company’s stock worth $11,750,000 after acquiring an additional 5,670 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB opened at $50.07 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17. The firm’s 50-day moving average price is $50.14 and its 200 day moving average price is $50.48.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.1317 dividend. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, March 3rd.

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.