Vanguard Short-Term Tax-Exempt Bond ETF $VTES Stock Sold by Hughes Financial Services LLC

Hughes Financial Services LLC lowered its position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 93.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,433 shares of the company’s stock after selling 75,990 shares during the period. Hughes Financial Services LLC’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $546,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in VTES. Bank of America Corp DE raised its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 35.8% during the 1st quarter. Bank of America Corp DE now owns 378,943 shares of the company’s stock worth $38,326,000 after buying an additional 99,912 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 8.9% in the second quarter. Envestnet Asset Management Inc. now owns 100,525 shares of the company’s stock valued at $10,184,000 after buying an additional 8,187 shares in the last quarter. Beacon Bank & Trust boosted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 2.0% in the second quarter. Beacon Bank & Trust now owns 96,154 shares of the company’s stock valued at $9,741,000 after buying an additional 1,926 shares in the last quarter. Apella Capital LLC boosted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 27.2% in the third quarter. Apella Capital LLC now owns 81,600 shares of the company’s stock valued at $8,042,000 after buying an additional 17,428 shares in the last quarter. Finally, Eclectic Associates Inc. ADV purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the third quarter valued at approximately $7,376,000.

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

Shares of VTES stock opened at $100.38 on Wednesday. The business’s fifty day moving average price is $99.67 and its 200 day moving average price is $100.94. Vanguard Short-Term Tax-Exempt Bond ETF has a 1-year low of $98.02 and a 1-year 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.