Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Holdings Increased by M&T Bank Corp

M&T Bank Corp increased its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 0.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 702,823 shares of the company’s stock after acquiring an additional 5,740 shares during the period. M&T Bank Corp owned approximately 0.11% of Vanguard Tax-Exempt Bond ETF worth $35,929,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Executive Wealth Management LLC bought a new position in Vanguard Tax-Exempt Bond ETF during the third quarter valued at about $6,750,000. Nabity Jensen Investment Management Inc acquired a new stake in Vanguard Tax-Exempt Bond ETF in the 3rd quarter valued at about $512,000. Continuum Advisory LLC boosted its position in shares of Vanguard Tax-Exempt Bond ETF by 12.9% during the 3rd quarter. Continuum Advisory LLC now owns 29,833 shares of the company’s stock valued at $1,503,000 after purchasing an additional 3,414 shares in the last quarter. MML Investors Services LLC grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 4.9% in the 3rd quarter. MML Investors Services LLC now owns 1,049,205 shares of the company’s stock worth $53,635,000 after purchasing an additional 49,468 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6.4% in the 3rd quarter. EP Wealth Advisors LLC now owns 772,084 shares of the company’s stock worth $39,469,000 after purchasing an additional 46,464 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB stock opened at $51.02 on Tuesday. Vanguard Tax-Exempt Bond ETF has a 12 month low of $49.54 and a 12 month high of $51.17. The firm has a 50 day simple moving average of $50.64 and a 200 day simple moving average of $50.55.

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.