Bank of New York Mellon Corp Acquires 319,117 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Bank of New York Mellon Corp increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 21.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,804,894 shares of the company’s stock after purchasing an additional 319,117 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.22% of Vanguard Tax-Exempt Bond ETF worth $90,046,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. PFG Investments LLC raised its holdings in Vanguard Tax-Exempt Bond ETF by 1.3% in the 4th quarter. PFG Investments LLC now owns 15,902 shares of the company’s stock valued at $800,000 after buying an additional 198 shares during the last quarter. Quantum Financial Planning Services Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 2.1% in the fourth quarter. Quantum Financial Planning Services Inc. now owns 9,559 shares of the company’s stock valued at $481,000 after buying an additional 199 shares during the period. Jordan Park Trust Co LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 1.8% during the 4th quarter. Jordan Park Trust Co LLC now owns 11,604 shares of the company’s stock valued at $584,000 after purchasing an additional 200 shares in the last quarter. Bridgewealth Advisory Group LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 4.1% during the 4th quarter. Bridgewealth Advisory Group LLC now owns 5,114 shares of the company’s stock worth $257,000 after buying an additional 200 shares in the last quarter. Finally, Intrua Financial LLC boosted its stake in Vanguard Tax-Exempt Bond ETF by 3.8% during the first quarter. Intrua Financial LLC now owns 5,460 shares of the company’s stock worth $272,000 after acquiring an additional 200 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB opened at $49.95 on Wednesday. Vanguard Tax-Exempt Bond ETF has a one year low of $48.46 and a one year high of $51.18. The stock has a 50-day moving average of $50.26 and a 200-day moving average of $50.36.

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.