Physician Wealth Solutions Inc. Has $14.45 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Physician Wealth Solutions Inc. raised its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 288,306 shares of the company’s stock after purchasing an additional 8,691 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Captrust Financial Advisors lifted its position in Vanguard Tax-Exempt Bond ETF by 18.6% during the third quarter. Captrust Financial Advisors now owns 294,682 shares of the company’s stock valued at $15,064,000 after purchasing an additional 46,219 shares during the last quarter. Central Pacific Bank Trust Division bought a new stake in Vanguard Tax-Exempt Bond ETF during the fourth quarter valued at approximately $103,000. D.A. Davidson & CO. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 12.0% in the 4th quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock worth $522,000 after acquiring an additional 1,116 shares during the last quarter. Eclectic Associates Inc. ADV lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 5.3% in the 4th quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock worth $962,000 after acquiring an additional 972 shares during the last quarter. Finally, Souders Financial Advisors lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.1% in the 3rd quarter. Souders Financial Advisors now owns 27,666 shares of the company’s stock worth $1,414,000 after acquiring an additional 295 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $50.46 on Tuesday. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $49.49 and a fifty-two week high of $51.17. The firm has a 50 day moving average price of $50.12 and a 200-day moving average price of $50.50.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be 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 is 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.