Financial Guidance Group Inc. Takes $4.84 Million Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Financial Guidance Group Inc. bought a new stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report) in the 4th quarter, Holdings Channel reports. The fund bought 94,729 shares of the company’s stock, valued at approximately $4,836,000. Vanguard Tax-Exempt Bond ETF comprises approximately 3.4% of Financial Guidance Group Inc.’s portfolio, making the stock its 11th largest holding.

Other large investors also recently modified their holdings of the company. HM Payson & Co. acquired a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $32,000. Headlands Technologies LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $39,000. VisionPoint Advisory Group LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the second quarter worth about $41,000. Planned Solutions Inc. acquired a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter worth about $45,000. Finally, Fifth Third Bancorp grew its stake in Vanguard Tax-Exempt Bond ETF by 1,612.5% in the third quarter. Fifth Third Bancorp now owns 959 shares of the company’s stock worth $46,000 after purchasing an additional 903 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

VTEB stock traded up $0.09 during midday trading on Tuesday, reaching $50.14. The company had a trading volume of 1,211,370 shares, compared to its average volume of 4,001,750. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.14 and a fifty-two week high of $51.15. The stock has a 50 day moving average price of $50.60 and a 200 day moving average price of $49.83.

Vanguard Tax-Exempt Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a $0.1279 dividend. The ex-dividend date of this dividend was Monday, April 1st.

About Vanguard Tax-Exempt Bond ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding VTEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEBFree Report).

Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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