Bank of New York Mellon Corp Increases Stock Position in Vanguard Tax-Exempt Bond ETF $VTEB

Bank of New York Mellon Corp raised its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 21.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,804,894 shares of the company’s stock after buying an additional 319,117 shares during the period. Bank of New York Mellon Corp’s holdings in Vanguard Tax-Exempt Bond ETF were worth $90,046,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Wellington Management Group LLP bought a new stake in Vanguard Tax-Exempt Bond ETF in the third quarter worth about $347,641,000. JPMorgan Chase & Co. grew its position in shares of Vanguard Tax-Exempt Bond ETF by 5.5% in the fourth quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock valued at $5,257,899,000 after purchasing an additional 5,461,346 shares in the last quarter. Corient Private Wealth LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 87.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,404,770 shares of the company’s stock worth $363,056,000 after purchasing an additional 3,458,654 shares during the period. Raymond James Financial Inc. grew its holdings in Vanguard Tax-Exempt Bond ETF by 10.8% during the 4th quarter. Raymond James Financial Inc. now owns 24,614,196 shares of the company’s stock valued at $1,237,835,000 after buying an additional 2,396,916 shares in the last quarter. Finally, Morgan Stanley grew its holdings in Vanguard Tax-Exempt Bond ETF by 9.4% during the 4th quarter. Morgan Stanley now owns 25,172,743 shares of the company’s stock valued at $1,265,937,000 after buying an additional 2,173,235 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $49.95 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 12-month low of $48.46 and a 12-month high of $51.18. The company’s 50-day moving average price is $50.26 and its 200-day moving average price is $50.36.

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.