Richardson Financial Services Inc. Purchases 22,477 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Richardson Financial Services Inc. grew its position in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 100.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 44,954 shares of the company’s stock after acquiring an additional 22,477 shares during the period. Vanguard Tax-Exempt Bond ETF accounts for approximately 1.4% of Richardson Financial Services Inc.’s holdings, making the stock its 12th largest holding. Richardson Financial Services Inc.’s holdings in Vanguard Tax-Exempt Bond ETF were worth $2,275,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Steele Capital Management Inc. grew its position in Vanguard Tax-Exempt Bond ETF by 0.9% during the second quarter. Steele Capital Management Inc. now owns 22,105 shares of the company’s stock valued at $1,108,000 after acquiring an additional 200 shares during the last quarter. Kohmann Bosshard Financial Services LLC raised its position in Vanguard Tax-Exempt Bond ETF by 1.3% in the 2nd quarter. Kohmann Bosshard Financial Services LLC now owns 15,097 shares of the company’s stock worth $757,000 after purchasing an additional 201 shares during the period. Transcendent Capital Group LLC lifted its stake in Vanguard Tax-Exempt Bond ETF by 2.1% in the second quarter. Transcendent Capital Group LLC now owns 9,820 shares of the company’s stock worth $492,000 after purchasing an additional 201 shares during the last quarter. Merkkuri Wealth Advisors LLC boosted its position in Vanguard Tax-Exempt Bond ETF by 1.8% during the third quarter. Merkkuri Wealth Advisors LLC now owns 11,451 shares of the company’s stock valued at $585,000 after buying an additional 202 shares during the period. Finally, Glass Jacobson Investment Advisors llc grew its stake in shares of Vanguard Tax-Exempt Bond ETF by 0.8% during the second quarter. Glass Jacobson Investment Advisors llc now owns 26,936 shares of the company’s stock valued at $1,350,000 after buying an additional 204 shares during the last quarter.

Vanguard Tax-Exempt Bond ETF Price Performance

VTEB traded up $0.05 on Friday, hitting $50.33. 5,241,405 shares of the company were exchanged, compared to its average volume of 3,945,132. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month high of $51.17. The firm has a fifty day simple moving average of $50.82 and a two-hundred day simple moving average of $50.41.

Vanguard Tax-Exempt Bond ETF 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.