Onyx Bridge Wealth Group LLC Purchases 2,649 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Onyx Bridge Wealth Group LLC boosted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 54.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,473 shares of the company’s stock after buying an additional 2,649 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $375,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Captrust Financial Advisors boosted its stake in Vanguard Tax-Exempt Bond ETF by 18.6% during the 3rd 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 during the last quarter. Central Pacific Bank Trust Division acquired a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $103,000. Eclectic Associates Inc. ADV boosted its stake in Vanguard Tax-Exempt Bond ETF by 5.3% during the 4th 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 during the last quarter. Souders Financial Advisors boosted its stake in Vanguard Tax-Exempt Bond ETF by 1.1% during the 3rd quarter. Souders Financial Advisors now owns 27,666 shares of the company’s stock valued at $1,414,000 after purchasing an additional 295 shares during the last quarter. Finally, Cedar Mountain Advisors LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the 3rd quarter valued at about $793,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTEB opened at $50.30 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $49.49 and a twelve month high of $51.17. The stock’s 50 day moving average price is $50.26 and its 200-day moving average price is $50.53.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a $0.1317 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13.

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.