MML Investors Services LLC Acquires 98,572 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

MML Investors Services LLC increased its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 11.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 977,185 shares of the company’s stock after purchasing an additional 98,572 shares during the quarter. MML Investors Services LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $49,143,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Mariner LLC boosted its holdings in Vanguard Tax-Exempt Bond ETF by 11.7% in the fourth quarter. Mariner LLC now owns 3,957,789 shares of the company’s stock valued at $199,037,000 after acquiring an additional 415,594 shares during the last quarter. Nicolet Advisory Services LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 23.9% in the fourth quarter. Nicolet Advisory Services LLC now owns 695,282 shares of the company’s stock valued at $35,153,000 after buying an additional 133,935 shares during the period. FF Advisors LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 18.8% during the fourth quarter. FF Advisors LLC now owns 19,930 shares of the company’s stock worth $1,002,000 after purchasing an additional 3,150 shares during the period. Focus Partners Wealth raised its position in shares of Vanguard Tax-Exempt Bond ETF by 103.3% during the fourth quarter. Focus Partners Wealth now owns 1,093,931 shares of the company’s stock worth $55,014,000 after purchasing an additional 555,828 shares during the period. Finally, Fort Point Capital Partners LLC raised its position in shares of Vanguard Tax-Exempt Bond ETF by 54.1% during the fourth quarter. Fort Point Capital Partners LLC now owns 1,035,648 shares of the company’s stock worth $52,414,000 after purchasing an additional 363,519 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.1%

Shares of NYSEARCA:VTEB opened at $50.35 on Tuesday. Vanguard Tax-Exempt Bond ETF has a twelve month low of $48.46 and a twelve month high of $51.18. The stock’s 50 day moving average is $50.21 and its 200-day moving average is $50.35.

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.