Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Shares Bought by MML Investors Services LLC

MML Investors Services LLC raised its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,121,087 shares of the company’s stock after acquiring an additional 71,882 shares during the quarter. MML Investors Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $56,200,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Cullen Frost Bankers Inc. boosted its holdings in Vanguard Tax-Exempt Bond ETF by 29.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 470,485 shares of the company’s stock valued at $23,585,000 after purchasing an additional 108,101 shares in the last quarter. Vanguard Group Inc. raised its holdings in Vanguard Tax-Exempt Bond ETF by 42.5% during the fourth quarter. Vanguard Group Inc. now owns 3,500,157 shares of the company’s stock worth $175,463,000 after purchasing an additional 1,044,587 shares in the last quarter. D.A. Davidson & CO. lifted its position in shares of Vanguard Tax-Exempt Bond ETF by 12.0% during the 4th quarter. D.A. Davidson & CO. now owns 10,417 shares of the company’s stock worth $522,000 after buying an additional 1,116 shares during the last quarter. Central Pacific Bank Trust Division acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the 4th quarter valued at $103,000. Finally, Eclectic Associates Inc. ADV grew its position in shares of Vanguard Tax-Exempt Bond ETF by 5.3% in the 4th quarter. Eclectic Associates Inc. ADV now owns 19,187 shares of the company’s stock valued at $962,000 after buying an additional 972 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB opened at $48.65 on Friday. Vanguard Tax-Exempt Bond ETF has a 1-year low of $47.02 and a 1-year high of $51.17. The firm has a fifty day moving average price of $49.63 and a 200 day moving average price of $50.12.

About Vanguard Tax-Exempt Bond ETF

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.