Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Sees Large Volume Increase – What’s Next?

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) saw strong trading volume on Wednesday . 156,959 shares traded hands during mid-day trading, a decline of 10% from the previous session’s volume of 174,909 shares.The stock last traded at $100.82 and had previously closed at $100.83.

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

The company’s 50 day moving average price is $101.07 and its two-hundred day moving average price is $101.52.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. S.A. Mason LLC purchased a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter valued at approximately $2,703,000. Directional Asset Management purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter worth $607,000. Farther Finance Advisors LLC boosted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 57.5% in the fourth quarter. Farther Finance Advisors LLC now owns 16,296 shares of the company’s stock worth $1,655,000 after acquiring an additional 5,952 shares during the period. Apella Capital LLC purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth about $5,126,000. Finally, Arbor Investment Advisors LLC purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth about $675,000.

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.