Vanguard Short-Term Tax-Exempt Bond ETF $VTES Stock Acquired by Burton Enright Welch

Burton Enright Welch boosted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 28.8% in the third quarter, HoldingsChannel reports. The firm owned 39,341 shares of the company’s stock after purchasing an additional 8,798 shares during the period. Burton Enright Welch’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $3,879,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 35.8% in the first quarter. Bank of America Corp DE now owns 378,943 shares of the company’s stock valued at $38,326,000 after buying an additional 99,912 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 8.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 100,525 shares of the company’s stock worth $10,184,000 after buying an additional 8,187 shares during the period. Beacon Bank & Trust grew its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 2.0% during the 2nd quarter. Beacon Bank & Trust now owns 96,154 shares of the company’s stock worth $9,741,000 after buying an additional 1,926 shares during the period. Commonwealth Equity Services LLC acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter worth approximately $8,344,000. Finally, Apella Capital LLC increased its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 27.2% in the 3rd quarter. Apella Capital LLC now owns 81,600 shares of the company’s stock valued at $8,042,000 after acquiring an additional 17,428 shares in the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTES opened at $100.79 on Monday. The company has a fifty day moving average of $99.66 and a 200-day moving average of $100.92. Vanguard Short-Term Tax-Exempt Bond ETF has a twelve month low of $98.02 and a twelve month high of $102.71.

Vanguard Short-Term Tax-Exempt Bond ETF Company Profile

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.