Leonard Rickey Investment Advisors P.L.L.C. Decreases Stock Holdings in 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 12.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 238,162 shares of the company’s stock after selling 32,806 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 2.5% of Leonard Rickey Investment Advisors P.L.L.C.’s holdings, making the stock its 16th biggest holding. Leonard Rickey Investment Advisors P.L.L.C.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $11,551,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter valued at $1,041,552,000. Brooklyn FI LLC increased its position in Vanguard Tax-Exempt Bond ETF by 6,485.4% during the 4th quarter. Brooklyn FI LLC now owns 16,565,228 shares of the company’s stock valued at $837,418,000 after purchasing an additional 16,313,682 shares during the period. JPMorgan Chase & Co. increased its position in Vanguard Tax-Exempt Bond ETF by 5.4% during the 4th quarter. JPMorgan Chase & Co. now owns 78,695,639 shares of the company’s stock valued at $3,945,012,000 after purchasing an additional 4,022,038 shares during the period. TIAA Trust National Association increased its position in Vanguard Tax-Exempt Bond ETF by 17.5% during the 4th quarter. TIAA Trust National Association now owns 15,533,140 shares of the company’s stock valued at $778,677,000 after purchasing an additional 2,308,219 shares during the period. Finally, D. E. Shaw & Co. Inc. increased its position in Vanguard Tax-Exempt Bond ETF by 8,203.3% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 2,228,600 shares of the company’s stock valued at $111,720,000 after purchasing an additional 2,201,760 shares during the period.

Vanguard Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Tax-Exempt Bond ETF stock opened at $48.67 on Wednesday. The company’s fifty day simple moving average is $48.77 and its two-hundred day simple moving average is $49.68. Vanguard Tax-Exempt Bond ETF has a 12-month low of $47.02 and a 12-month high of $51.17.

Vanguard Tax-Exempt Bond ETF Company Profile

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.