Massmutual Trust Co. FSB ADV Makes New $217,000 Investment in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Massmutual Trust Co. FSB ADV purchased a new position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Get Rating) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,392 shares of the company’s stock, valued at approximately $217,000.

Other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 144.4% during the 1st quarter. Bank of New York Mellon Corp now owns 267,236 shares of the company’s stock valued at $13,776,000 after purchasing an additional 157,887 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 81.6% during the 1st quarter. Baird Financial Group Inc. now owns 57,035 shares of the company’s stock valued at $2,940,000 after purchasing an additional 25,628 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 11.2% during the 1st quarter. NewEdge Advisors LLC now owns 29,877 shares of the company’s stock valued at $1,540,000 after purchasing an additional 3,010 shares during the last quarter. Prudential Financial Inc. boosted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 11.7% during the 1st quarter. Prudential Financial Inc. now owns 26,310 shares of the company’s stock valued at $1,356,000 after purchasing an additional 2,756 shares during the last quarter. Finally, AJ Wealth Strategies LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF during the 1st quarter valued at about $3,989,000.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB opened at $50.27 on Friday. The firm has a 50-day simple moving average of $50.19 and a two-hundred day simple moving average of $49.39. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.38 and a 52 week high of $52.22.

Vanguard Tax-Exempt Bond ETF Profile

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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.