Axis Wealth Partners LLC Makes New $255,000 Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Axis Wealth Partners LLC purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,087 shares of the company’s stock, valued at approximately $255,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Safe Harbor Fiduciary LLC acquired a new stake in Vanguard Tax-Exempt Bond ETF during the 3rd quarter worth about $29,000. Advantage Trust Co bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter worth about $42,000. Cromwell Holdings LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $48,000. Peterson Wealth Services bought a new stake in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at approximately $80,000. Finally, New Republic Capital LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth $83,000.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $50.07 on Friday. The company’s fifty day moving average price is $50.14 and its two-hundred day moving average price is $50.48. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.49 and a 52-week 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. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1317 per share. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend 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.