Focus Partners Advisor Solutions LLC Has $6.25 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

Focus Partners Advisor Solutions LLC raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 84.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 124,029 shares of the company’s stock after purchasing an additional 56,867 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $6,247,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of VTEB. Fairway Wealth LLC acquired a new position in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $28,000. Lowe Wealth Advisors LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $29,000. Sound Income Strategies LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 1,500.0% during the third quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock worth $42,000 after acquiring an additional 780 shares during the period. Bogart Wealth LLC grew its position in shares of Vanguard Tax-Exempt Bond ETF by 41.9% in the third quarter. Bogart Wealth LLC now owns 945 shares of the company’s stock valued at $47,000 after purchasing an additional 279 shares during the last quarter. Finally, Avalon Trust Co acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the second quarter valued at approximately $49,000.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTEB opened at $50.60 on Wednesday. The stock has a 50 day simple moving average of $50.61 and a 200 day simple moving average of $50.25. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.18.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be issued a dividend of $0.1487 per share. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Monday, March 2nd.

Vanguard Tax-Exempt Bond ETF 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.