Quotient Wealth Partners LLC Purchases 30,337 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Quotient Wealth Partners LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 8.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 405,061 shares of the company’s stock after buying an additional 30,337 shares during the period. Vanguard Tax-Exempt Bond ETF makes up about 0.7% of Quotient Wealth Partners LLC’s holdings, making the stock its 23rd largest holding. Quotient Wealth Partners LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $20,306,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Merkkuri Wealth Advisors LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1.8% during the third quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock worth $585,000 after purchasing an additional 202 shares in the last quarter. FSC Wealth Advisors LLC lifted its position in Vanguard Tax-Exempt Bond ETF by 3.3% during the fourth quarter. FSC Wealth Advisors LLC now owns 6,842 shares of the company’s stock valued at $343,000 after purchasing an additional 216 shares during the last quarter. Cypress Wealth Services LLC grew its stake in Vanguard Tax-Exempt Bond ETF by 0.7% in the 4th quarter. Cypress Wealth Services LLC now owns 31,684 shares of the company’s stock worth $1,588,000 after buying an additional 223 shares in the last quarter. Family Investment Center Inc. increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.1% in the 4th quarter. Family Investment Center Inc. now owns 5,651 shares of the company’s stock worth $283,000 after buying an additional 223 shares during the last quarter. Finally, Allen Capital Group LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 4.0% during the 4th quarter. Allen Capital Group LLC now owns 5,971 shares of the company’s stock valued at $299,000 after buying an additional 227 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

NYSEARCA VTEB opened at $50.23 on Friday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week high of $51.17. The company has a fifty day moving average of $50.23 and a 200-day moving average of $50.53.

Vanguard Tax-Exempt Bond ETF Increases Dividend

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

Vanguard Tax-Exempt Bond ETF Company 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.