MML Investors Services LLC Lowers Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

MML Investors Services LLC cut its stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 6.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,017 shares of the company’s stock after selling 4,456 shares during the period. MML Investors Services LLC owned 0.07% of Vanguard Tax-Exempt Bond ETF worth $3,716,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Carroll Financial Associates Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 246.3% in the second quarter. Carroll Financial Associates Inc. now owns 516 shares of the company’s stock worth $27,000 after buying an additional 367 shares during the period. Canton Hathaway LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF in the second quarter worth about $32,000. LifePlan Financial Group Inc purchased a new stake in Vanguard Tax-Exempt Bond ETF in the second quarter worth about $51,000. Parallel Advisors LLC lifted its holdings in Vanguard Tax-Exempt Bond ETF by 1,453.8% in the second quarter. Parallel Advisors LLC now owns 1,010 shares of the company’s stock worth $54,000 after buying an additional 945 shares during the period. Finally, Brand Asset Management Group Inc. lifted its holdings in Vanguard Tax-Exempt Bond ETF by 24.2% in the second quarter. Brand Asset Management Group Inc. now owns 1,831 shares of the company’s stock worth $97,000 after buying an additional 357 shares during the period.

Shares of VTEB stock traded down $0.19 during trading hours on Friday, hitting $53.29. 1,776 shares of the company’s stock traded hands, compared to its average volume of 537,816. The stock’s fifty day simple moving average is $53.82 and its two-hundred day simple moving average is $52.77. Vanguard Tax-Exempt Bond ETF has a 12-month low of $49.85 and a 12-month high of $54.19.

The firm also recently announced a — dividend, which was paid on Friday, September 6th. Stockholders of record on Wednesday, September 4th were issued a dividend of $0.1034 per share. The ex-dividend date was Tuesday, September 3rd. This represents a dividend yield of 2.3%.

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Institutional Ownership by Quarter for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

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