Retirement Investment Advisors Inc. Takes $4.20 Million Position in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

Retirement Investment Advisors Inc. acquired a new stake in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 83,878 shares of the company’s stock, valued at approximately $4,203,000. Vanguard Tax-Exempt Bond ETF makes up 0.5% of Retirement Investment Advisors Inc.’s portfolio, making the stock its 12th biggest holding.

Several other hedge funds also recently modified their holdings of the stock. Curbstone Financial Management Corp increased its stake in shares of Vanguard Tax-Exempt Bond ETF by 2.0% in the 1st quarter. Curbstone Financial Management Corp now owns 10,450 shares of the company’s stock valued at $529,000 after acquiring an additional 200 shares in the last quarter. Steele Capital Management Inc. increased its stake in Vanguard Tax-Exempt Bond ETF by 0.9% during the 2nd quarter. Steele Capital Management Inc. now owns 22,105 shares of the company’s stock valued at $1,108,000 after purchasing an additional 200 shares in the last quarter. Kohmann Bosshard Financial Services LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 1.3% during the 2nd quarter. Kohmann Bosshard Financial Services LLC now owns 15,097 shares of the company’s stock valued at $757,000 after purchasing an additional 201 shares in the last quarter. Transcendent Capital Group LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 2.1% during the 2nd quarter. Transcendent Capital Group LLC now owns 9,820 shares of the company’s stock valued at $492,000 after purchasing an additional 201 shares in the last quarter. Finally, Perennial Advisors LLC increased its stake in Vanguard Tax-Exempt Bond ETF by 0.7% during the 1st quarter. Perennial Advisors LLC now owns 30,568 shares of the company’s stock valued at $1,547,000 after purchasing an additional 204 shares in the last quarter.

Vanguard Tax-Exempt Bond ETF Stock Performance

Shares of VTEB stock opened at $51.04 on Friday. The firm has a fifty day simple moving average of $50.70 and a two-hundred day simple moving average of $50.36. Vanguard Tax-Exempt Bond ETF has a 12 month low of $47.14 and a 12 month high of $51.17.

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.