PDS Planning Inc Increases Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

PDS Planning Inc lifted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 233,195 shares of the company’s stock after buying an additional 16,723 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up approximately 1.0% of PDS Planning Inc’s portfolio, making the stock its 21st biggest holding. PDS Planning Inc’s holdings in Vanguard Tax-Exempt Bond ETF were worth $11,690,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cullen Frost Bankers Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 29.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 470,485 shares of the company’s stock worth $23,585,000 after buying an additional 108,101 shares in the last quarter. Captrust Financial Advisors raised its stake in Vanguard Tax-Exempt Bond ETF by 18.6% in 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 in the last quarter. D.A. Davidson & CO. raised its stake in Vanguard Tax-Exempt Bond ETF by 12.0% in the fourth quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock valued at $522,000 after purchasing an additional 1,116 shares in the last quarter. Central Pacific Bank Trust Division purchased a new stake in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $103,000. Finally, Eclectic Associates Inc. ADV raised its stake in Vanguard Tax-Exempt Bond ETF by 5.3% in the fourth quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock valued at $962,000 after purchasing an additional 972 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.0 %

Shares of VTEB opened at $49.78 on Tuesday. The firm’s 50 day simple moving average is $50.10 and its 200 day simple moving average is $50.44. 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 announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a $0.1317 dividend. 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.