Phillips Financial Management LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 80,091 shares of the company’s stock after acquiring an additional 4,105 shares during the period. Vanguard Tax-Exempt Bond ETF comprises approximately 0.8% of Phillips Financial Management LLC’s portfolio, making the stock its 29th biggest holding. Phillips Financial Management LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $4,166,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Atlas Capital Advisors LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the first quarter worth approximately $29,000. Legacy Bridge LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $33,000. First Financial Corp IN bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the first quarter worth approximately $40,000. Bank of Montreal Can bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $44,000. Finally, TCI Wealth Advisors Inc. bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter worth approximately $63,000.

Shares of Vanguard Tax-Exempt Bond ETF stock traded up $0.03 on Friday, hitting $52.73. The stock had a trading volume of 800 shares, compared to its average volume of 557,983. Vanguard Tax-Exempt Bond ETF has a one year low of $49.85 and a one year high of $52.71.

The firm also recently declared a monthly dividend, which was paid on Monday, May 6th. Investors of record on Thursday, May 2nd were paid a $0.1023 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date of this dividend was Wednesday, May 1st.

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See Also: What is Net Asset Value (NAV)?

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

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