M&T Bank Corp Boosts Holdings in Vanguard Tax-Exempt Bond ETF $VTEB

M&T Bank Corp raised its holdings in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 7.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 845,417 shares of the company’s stock after purchasing an additional 58,168 shares during the period. M&T Bank Corp’s holdings in Vanguard Tax-Exempt Bond ETF were worth $42,516,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. L. Roy Papp & Associates LLP purchased a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $436,000. Financial Plan Inc. purchased a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at about $2,677,000. Salomon & Ludwin LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 6.9% during the 4th quarter. Salomon & Ludwin LLC now owns 515,211 shares of the company’s stock valued at $25,970,000 after acquiring an additional 33,355 shares in the last quarter. WealthCollab LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 6.5% during the 4th quarter. WealthCollab LLC now owns 95,738 shares of the company’s stock valued at $4,815,000 after acquiring an additional 5,861 shares in the last quarter. Finally, Silver Coast Investments LLC increased its holdings in Vanguard Tax-Exempt Bond ETF by 5.9% during the 4th quarter. Silver Coast Investments LLC now owns 15,064 shares of the company’s stock valued at $758,000 after acquiring an additional 842 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTEB opened at $50.43 on Thursday. The firm has a 50-day moving average price of $50.38 and a two-hundred day moving average price of $50.39. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.46 and a twelve month high of $51.18.

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.