Capital Investment Services of America Inc. Acquires New Holdings in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Capital Investment Services of America Inc. acquired a new position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 49,560 shares of the company’s stock, valued at approximately $4,887,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE increased its position in Vanguard Short-Term Tax-Exempt Bond ETF by 35.8% in the 1st quarter. Bank of America Corp DE now owns 378,943 shares of the company’s stock valued at $38,326,000 after acquiring an additional 99,912 shares during the period. Envestnet Asset Management Inc. grew 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 worth $10,184,000 after purchasing an additional 8,187 shares in the last quarter. Beacon Bank & Trust grew 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 worth $9,741,000 after purchasing an additional 1,926 shares in the last quarter. Apella Capital LLC grew 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 worth $8,042,000 after purchasing an additional 17,428 shares in the last quarter. Finally, Eclectic Associates Inc. ADV acquired a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter valued at $7,376,000.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of VTES opened at $100.58 on Thursday. Vanguard Short-Term Tax-Exempt Bond ETF has a one year low of $98.02 and a one year high of $102.71. The stock’s fifty day moving average is $99.66 and its 200-day moving average is $100.94.

Vanguard Short-Term Tax-Exempt Bond ETF 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.