Comerica Bank Has $11.45 Million Stock Holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Comerica Bank raised its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 228,318 shares of the company’s stock after acquiring an additional 13,002 shares during the quarter. Comerica Bank’s holdings in Vanguard Tax-Exempt Bond ETF were worth $11,446,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Raymond James Financial Inc. bought a new position in Vanguard Tax-Exempt Bond ETF during the fourth quarter worth about $1,041,552,000. Brooklyn FI LLC increased its holdings in shares of Vanguard Tax-Exempt Bond ETF by 6,485.4% during the fourth quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock worth $837,418,000 after purchasing an additional 16,313,682 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 5.4% in the fourth quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock valued at $3,945,012,000 after buying an additional 4,022,038 shares during the period. TIAA Trust National Association boosted its stake in shares of Vanguard Tax-Exempt Bond ETF by 17.5% in the fourth quarter. TIAA Trust National Association now owns 15,533,140 shares of the company’s stock valued at $778,677,000 after buying an additional 2,308,219 shares during the period. Finally, Franklin Resources Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 26.7% during the fourth quarter. Franklin Resources Inc. now owns 6,742,321 shares of the company’s stock worth $337,993,000 after buying an additional 1,420,106 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Down 0.1 %

Shares of NYSEARCA VTEB opened at $48.92 on Friday. The business has a fifty day moving average price of $49.35 and a two-hundred day moving average price of $49.99. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $47.02 and a fifty-two week high of $51.17.

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.