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

Bank of New York Mellon Corp grew its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 2.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,284,644 shares of the company’s stock after purchasing an additional 26,199 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.17% of Vanguard Tax-Exempt Bond ETF worth $62,986,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Wolff Wiese Magana LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 56.8% during the 2nd quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock valued at $29,000 after buying an additional 216 shares during the period. Clear Investment Research LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $50,000. Trust Co. of Toledo NA OH purchased a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter worth about $61,000. Farmers & Merchants Investments Inc. grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 63.0% in the second quarter. Farmers & Merchants Investments Inc. now owns 1,760 shares of the company’s stock worth $86,000 after purchasing an additional 680 shares during the last quarter. Finally, PMV Capital Advisers LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF in the second quarter worth about $94,000.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1%

VTEB opened at $50.36 on Monday. The business has a 50 day simple moving average of $50.10 and a two-hundred day simple moving average of $49.28. Vanguard Tax-Exempt Bond ETF has a one year low of $47.02 and a one year high of $51.09.

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.