Everhart Financial Group Inc. Decreases Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Everhart Financial Group Inc. trimmed its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,206 shares of the company’s stock after selling 2,214 shares during the quarter. Everhart Financial Group Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $1,715,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Newman Dignan & Sheerar Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 4.5% in the fourth quarter. Newman Dignan & Sheerar Inc. now owns 152,718 shares of the company’s stock valued at $7,656,000 after acquiring an additional 6,606 shares in the last quarter. Salomon & Ludwin LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during the 4th quarter. Salomon & Ludwin LLC now owns 516,670 shares of the company’s stock valued at $25,901,000 after buying an additional 16,320 shares in the last quarter. Members Trust Co boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 0.4% during the 4th quarter. Members Trust Co now owns 2,446,995 shares of the company’s stock valued at $122,668,000 after buying an additional 10,222 shares in the last quarter. Howard Wealth Management LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $210,000. Finally, Compass Financial Group INC SD boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 27.3% during the 4th quarter. Compass Financial Group INC SD now owns 20,091 shares of the company’s stock valued at $1,007,000 after buying an additional 4,307 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $50.19 on Friday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.49 and a 12 month high of $51.17. The company’s fifty day moving average price is $50.14 and its 200-day moving average price is $50.52.

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 issued a dividend of $0.1317 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost 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.