MML Investors Services LLC Grows Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

MML Investors Services LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,121,087 shares of the company’s stock after buying an additional 71,882 shares during the period. MML Investors Services LLC owned approximately 0.18% of Vanguard Tax-Exempt Bond ETF worth $56,200,000 as of its most recent filing with the Securities and Exchange Commission.

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

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of VTEB stock opened at $48.65 on Friday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $47.02 and a twelve month high of $51.17. The company’s 50-day moving average price is $49.63 and its 200-day moving average price is $50.12.

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.