TIAA Trust National Association Invests $25.48 Million in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

TIAA Trust National Association purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 249,968 shares of the company’s stock, valued at approximately $25,478,000. TIAA Trust National Association owned about 1.82% of Vanguard Short-Term Tax-Exempt Bond ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Rossby Financial LCC acquired a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter worth $33,000. Global Retirement Partners LLC grew its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 691.1% in the third quarter. Global Retirement Partners LLC now owns 799 shares of the company’s stock valued at $81,000 after buying an additional 698 shares in the last quarter. Rothschild Investment LLC raised its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 150.0% in the 3rd quarter. Rothschild Investment LLC now owns 1,250 shares of the company’s stock valued at $127,000 after purchasing an additional 750 shares during the period. Hanson & Doremus Investment Management lifted its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 78.1% in the third quarter. Hanson & Doremus Investment Management now owns 1,462 shares of the company’s stock valued at $149,000 after buying an additional 641 shares during the last quarter. Finally, MB Generational Wealth LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter worth $224,000.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Up 0.0%

Vanguard Short-Term Tax-Exempt Bond ETF stock opened at $102.65 on Friday. The stock’s 50 day moving average is $102.10 and its 200-day moving average is $101.82. Vanguard Short-Term Tax-Exempt Bond ETF has a 12 month low of $98.50 and a 12 month high of $102.71.

Vanguard Short-Term Tax-Exempt Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be paid a $0.2362 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Monday, March 2nd. This is an increase from Vanguard Short-Term Tax-Exempt Bond ETF’s previous monthly dividend of $0.22.

About Vanguard Short-Term Tax-Exempt Bond ETF

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.