Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Sees Large Increase in Short Interest

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES – Get Free Report) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 211,273 shares, a growth of 131.8% from the August 31st total of 91,128 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average trading volume of 1,036,702 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VTES. AdvisorNet Financial Inc purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the 1st quarter worth $30,000. Gould Capital LLC purchased a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter valued at about $51,000. Triumph Capital Management grew its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 50.0% during the second quarter. Triumph Capital Management now owns 1,500 shares of the company’s stock valued at $152,000 after acquiring an additional 500 shares in the last quarter. Rothschild Investment LLC grew its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 32.5% during the fourth quarter. Rothschild Investment LLC now owns 1,656 shares of the company’s stock valued at $168,000 after acquiring an additional 406 shares in the last quarter. Finally, Valmark Advisers Inc. purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the first quarter worth about $232,000.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTES opened at $98.11 on Tuesday. Vanguard Short-Term Tax-Exempt Bond ETF has a fifty-two week low of $98.06 and a fifty-two week high of $102.71. The business has a 50 day moving average price of $100.31 and a two-hundred day moving average price of $100.87.

Vanguard Short-Term Tax-Exempt Bond ETF Company Profile

(Get Free Report)

The Vanguard Short-Term Tax Exempt Bond ETF (VTES) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of tax-exempt investment grade debt issued by US state and local governments or agencies. The fund includes muni bonds with an effective maturity below seven years. VTES was launched on Feb 22, 2023 and is managed by Vanguard.

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