PKS Advisory Services LLC Invests $541,000 in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

PKS Advisory Services LLC bought a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 10,797 shares of the company’s stock, valued at approximately $541,000.

A number of other large investors have also recently bought and sold shares of VTEB. Prestige Wealth Management Group LLC boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 1.5% during the fourth quarter. Prestige Wealth Management Group LLC now owns 68,263 shares of the company’s stock valued at $3,422,000 after acquiring an additional 1,023 shares during the last quarter. First American Trust FSB lifted its holdings in Vanguard Tax-Exempt Bond ETF by 8.9% in the 4th quarter. First American Trust FSB now owns 68,395 shares of the company’s stock valued at $3,429,000 after purchasing an additional 5,573 shares in the last quarter. TIAA Trust National Association boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 17.5% during the 4th quarter. TIAA Trust National Association now owns 15,533,140 shares of the company’s stock worth $778,677,000 after purchasing an additional 2,308,219 shares during the last quarter. Ashton Thomas Securities LLC grew its holdings in shares of Vanguard Tax-Exempt Bond ETF by 16.8% during the fourth quarter. Ashton Thomas Securities LLC now owns 52,755 shares of the company’s stock worth $2,645,000 after buying an additional 7,576 shares in the last quarter. Finally, Colony Family Offices LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 17.6% in the fourth quarter. Colony Family Offices LLC now owns 293,463 shares of the company’s stock valued at $14,711,000 after buying an additional 43,999 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $49.59 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year high of $51.17. The company’s 50 day simple moving average is $50.09 and its 200 day simple moving average is $50.40.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 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 of this dividend was Monday, March 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.