Vanguard New York Tax-Exempt Bond ETF $MUNY Stake Increased by Satovsky Asset Management LLC

Satovsky Asset Management LLC increased its stake in Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) by 185.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 11,480 shares of the company’s stock after acquiring an additional 7,463 shares during the quarter. Vanguard New York Tax-Exempt Bond ETF accounts for about 0.2% of Satovsky Asset Management LLC’s portfolio, making the stock its 21st largest position. Satovsky Asset Management LLC’s holdings in Vanguard New York Tax-Exempt Bond ETF were worth $1,185,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in MUNY. Bridgewater Advisors Inc. increased its stake in shares of Vanguard New York Tax-Exempt Bond ETF by 115.6% in the fourth quarter. Bridgewater Advisors Inc. now owns 185,176 shares of the company’s stock worth $19,171,000 after buying an additional 99,269 shares during the last quarter. Ieq Capital LLC bought a new stake in shares of Vanguard New York Tax-Exempt Bond ETF in the fourth quarter worth $6,842,000. Jane Street Group LLC bought a new stake in shares of Vanguard New York Tax-Exempt Bond ETF in the second quarter worth $5,056,000. Tortoise Investment Management LLC increased its stake in shares of Vanguard New York Tax-Exempt Bond ETF by 128.4% in the fourth quarter. Tortoise Investment Management LLC now owns 13,450 shares of the company’s stock worth $1,388,000 after buying an additional 7,560 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of Vanguard New York Tax-Exempt Bond ETF by 145.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,180 shares of the company’s stock worth $1,051,000 after buying an additional 6,025 shares during the last quarter.

Vanguard New York Tax-Exempt Bond ETF Stock Performance

Shares of BATS:MUNY opened at $103.32 on Monday. The company has a fifty day simple moving average of $103.09 and a 200 day simple moving average of $103.37. Vanguard New York Tax-Exempt Bond ETF has a 12-month low of $99.45 and a 12-month high of $105.51.

Vanguard New York Tax-Exempt Bond ETF Company Profile

Vanguard New York Tax-Free Funds – Vanguard New York Tax-Exempt Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc The fund invests in fixed income markets of the United States. It invests in U.S. dollar denominated tax exempt investment-grade municipal bonds issued by state or local governments or agencies that are rated BBB- or above by S&P or Fitch or Baa3 or above by Moody’s with a maturity that is greater than or equal to one calendar month. The fund seeks to track the performance of the S&P New York AMT-Free Municipal USD10 Million Par Bond Index, by using representative sampling methodology.