Raymond James Financial Inc. Takes Position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Raymond James Financial Inc. purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 57,048 shares of the company’s stock, valued at approximately $5,719,000. Raymond James Financial Inc. owned 1.31% of Vanguard Short-Term Tax-Exempt Bond ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Evanson Asset Management LLC raised its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 0.5% during the fourth quarter. Evanson Asset Management LLC now owns 25,757 shares of the company’s stock valued at $2,582,000 after acquiring an additional 123 shares during the last quarter. RCS Financial Planning LLC increased its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 7.1% during the fourth quarter. RCS Financial Planning LLC now owns 7,486 shares of the company’s stock worth $750,000 after purchasing an additional 496 shares in the last quarter. US Bancorp DE acquired a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter valued at $55,000. Daymark Wealth Partners LLC lifted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 8.1% in the 4th quarter. Daymark Wealth Partners LLC now owns 11,354 shares of the company’s stock valued at $1,138,000 after purchasing an additional 849 shares in the last quarter. Finally, GenTrust LLC boosted its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 2.1% during the 4th quarter. GenTrust LLC now owns 41,385 shares of the company’s stock worth $4,149,000 after purchasing an additional 864 shares during the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Down 0.1 %

Vanguard Short-Term Tax-Exempt Bond ETF stock opened at $100.49 on Tuesday. The company has a fifty day simple moving average of $100.64 and a 200-day simple moving average of $100.75. Vanguard Short-Term Tax-Exempt Bond ETF has a 52-week low of $99.30 and a 52-week high of $101.48.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a dividend of $0.2289 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.