Leonard Rickey Investment Advisors P.L.L.C. Sells 53,608 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Leonard Rickey Investment Advisors P.L.L.C. trimmed its position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 16.5% during the 4th quarter, HoldingsChannel reports. The firm owned 270,968 shares of the company’s stock after selling 53,608 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for about 3.1% of Leonard Rickey Investment Advisors P.L.L.C.’s investment portfolio, making the stock its 12th largest holding. Leonard Rickey Investment Advisors P.L.L.C.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $13,584,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VTEB. Sanctuary Advisors LLC purchased a new stake in Vanguard Tax-Exempt Bond ETF during the second quarter valued at $71,067,000. Charles Schwab Investment Management Inc. raised its position in shares of Vanguard Tax-Exempt Bond ETF by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,559,694 shares of the company’s stock valued at $1,613,332,000 after buying an additional 1,003,475 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 18.2% in the 3rd quarter. Franklin Resources Inc. now owns 5,322,215 shares of the company’s stock valued at $269,411,000 after acquiring an additional 818,486 shares during the last quarter. Creative Planning grew its position in Vanguard Tax-Exempt Bond ETF by 3.2% in the second quarter. Creative Planning now owns 25,601,034 shares of the company’s stock worth $1,282,868,000 after acquiring an additional 796,659 shares in the last quarter. Finally, Astoria Strategic Wealth Inc. bought a new stake in Vanguard Tax-Exempt Bond ETF during the third quarter worth approximately $33,647,000.

Vanguard Tax-Exempt Bond ETF Stock Up 0.2 %

NYSEARCA:VTEB opened at $49.94 on Tuesday. The business has a 50 day simple moving average of $50.37 and a 200-day simple moving average of $50.56. Vanguard Tax-Exempt Bond ETF has a 1 year low of $49.49 and a 1 year 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.