MidFirst Bank Acquires New Position in Vanguard Tax-Exempt Bond ETF $VTEB

MidFirst Bank acquired a new position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 200,548 shares of the company’s stock, valued at approximately $10,086,000. Vanguard Tax-Exempt Bond ETF accounts for about 0.8% of MidFirst Bank’s holdings, making the stock its 27th largest holding.

A number of other large investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its position in Vanguard Tax-Exempt Bond ETF by 5.5% in the fourth quarter. JPMorgan Chase & Co. now owns 104,551,572 shares of the company’s stock valued at $5,257,899,000 after buying an additional 5,461,346 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Vanguard Tax-Exempt Bond ETF by 2.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 36,651,506 shares of the company’s stock worth $1,843,204,000 after buying an additional 903,850 shares during the last quarter. Morgan Stanley raised its position in Vanguard Tax-Exempt Bond ETF by 9.4% during the 4th quarter. Morgan Stanley now owns 25,172,743 shares of the company’s stock worth $1,265,937,000 after buying an additional 2,173,235 shares during the last quarter. Raymond James Financial Inc. raised its position in Vanguard Tax-Exempt Bond ETF by 10.8% during the 4th quarter. Raymond James Financial Inc. now owns 24,614,196 shares of the company’s stock worth $1,237,835,000 after buying an additional 2,396,916 shares during the last quarter. Finally, Wealthfront Advisers LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 8.5% during the 4th quarter. Wealthfront Advisers LLC now owns 24,153,510 shares of the company’s stock valued at $1,214,680,000 after acquiring an additional 1,889,400 shares during the period.

Vanguard Tax-Exempt Bond ETF Stock Up 0.3%

VTEB stock opened at $50.45 on Friday. The firm’s fifty day simple moving average is $50.23 and its 200-day simple moving average is $50.34. Vanguard Tax-Exempt Bond ETF has a 12 month low of $48.46 and a 12 month high of $51.18.

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.