Leonard Rickey Investment Advisors P.L.L.C. Sells 32,297 Shares of Vanguard Tax-Exempt Bond ETF $VTEB

Leonard Rickey Investment Advisors P.L.L.C. trimmed its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 21.7% in the third quarter, Holdings Channel reports. The institutional investor owned 116,490 shares of the company’s stock after selling 32,297 shares during the quarter. Vanguard Tax-Exempt Bond ETF accounts for approximately 1.1% of Leonard Rickey Investment Advisors P.L.L.C.’s investment portfolio, making the stock its 18th biggest holding. Leonard Rickey Investment Advisors P.L.L.C.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $5,833,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. HB Wealth Management LLC raised its stake in shares of Vanguard Tax-Exempt Bond ETF by 51.8% during the 2nd quarter. HB Wealth Management LLC now owns 22,135 shares of the company’s stock valued at $1,085,000 after purchasing an additional 7,552 shares during the period. Eclectic Associates Inc. ADV grew its holdings in Vanguard Tax-Exempt Bond ETF by 89.5% during the 3rd quarter. Eclectic Associates Inc. ADV now owns 50,860 shares of the company’s stock valued at $2,547,000 after buying an additional 24,014 shares in the last quarter. Sowell Financial Services LLC bought a new stake in shares of Vanguard Tax-Exempt Bond ETF during the second quarter valued at about $211,000. Allworth Financial LP increased its position in shares of Vanguard Tax-Exempt Bond ETF by 6.9% during the second quarter. Allworth Financial LP now owns 702,670 shares of the company’s stock valued at $34,452,000 after buying an additional 45,524 shares during the period. Finally, Alpha Cubed Investments LLC lifted its holdings in shares of Vanguard Tax-Exempt Bond ETF by 31.2% in the second quarter. Alpha Cubed Investments LLC now owns 9,288 shares of the company’s stock worth $455,000 after buying an additional 2,209 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Up 0.0%

Shares of NYSEARCA:VTEB opened at $50.18 on Tuesday. The company has a 50 day moving average of $50.37 and a 200 day moving average of $49.60. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.02 and a 12 month high of $50.68.

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.