Bank of New York Mellon Corp Acquires 132,711 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Bank of New York Mellon Corp lifted its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 9.8% during the 4th quarter, HoldingsChannel reports. The firm owned 1,485,777 shares of the company’s stock after buying an additional 132,711 shares during the period. Bank of New York Mellon Corp’s holdings in Vanguard Tax-Exempt Bond ETF were worth $74,720,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VTEB. Rothschild Investment LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 653.8% in the fourth quarter. Rothschild Investment LLC now owns 490 shares of the company’s stock valued at $25,000 after acquiring an additional 425 shares during the last quarter. JPL Wealth Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at $25,000. United Financial Planning Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at $29,000. Measured Wealth Private Client Group LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the third quarter valued at $37,000. Finally, Ransom Advisory Ltd bought a new position in Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at $50,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2%

Shares of NYSEARCA:VTEB opened at $50.37 on Wednesday. The stock’s 50-day moving average price is $50.18 and its 200-day moving average price is $50.35. Vanguard Tax-Exempt Bond ETF has a 12-month low of $48.46 and a 12-month high of $51.18.

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.