Commonwealth Equity Services LLC Increases Position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Commonwealth Equity Services LLC lifted its stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 46.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,759 shares of the company’s stock after purchasing an additional 5,927 shares during the period. Commonwealth Equity Services LLC owned about 0.43% of Vanguard Short-Term Tax-Exempt Bond ETF worth $1,881,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Truist Financial Corp purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter valued at $322,000. JPMorgan Chase & Co. increased its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 11.6% during the third quarter. JPMorgan Chase & Co. now owns 41,195 shares of the company’s stock valued at $4,178,000 after buying an additional 4,274 shares during the period. US Bancorp DE bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the fourth quarter worth approximately $55,000. Raymond James Financial Inc. purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth $5,719,000. Finally, Allworth Financial LP purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter worth $270,000.

Vanguard Short-Term Tax-Exempt Bond ETF Trading Up 0.1 %

VTES opened at $100.32 on Friday. The business’s 50-day moving average is $100.65 and its two-hundred day moving average is $100.73. Vanguard Short-Term Tax-Exempt Bond ETF has a 1 year low of $99.30 and a 1 year high of $101.48.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

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

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.