Clearstead Advisors LLC Purchases 4,897 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Clearstead Advisors LLC increased its holdings in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 39.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,301 shares of the company’s stock after purchasing an additional 4,897 shares during the period. Clearstead Advisors LLC owned approximately 0.13% of Vanguard Short-Term Tax-Exempt Bond ETF worth $1,763,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. NewEdge Advisors LLC increased its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 124.5% in the 1st quarter. NewEdge Advisors LLC now owns 5,935 shares of the company’s stock worth $597,000 after buying an additional 3,291 shares during the last quarter. Jane Street Group LLC bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the first quarter worth approximately $3,991,000. Focus Partners Wealth purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the first quarter valued at approximately $611,000. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 26.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 65,350 shares of the company’s stock valued at $6,596,000 after purchasing an additional 13,567 shares during the last quarter. Finally, Bristlecone Advisors LLC bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 2nd quarter valued at approximately $202,000.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

NYSEARCA VTES opened at $102.53 on Wednesday. The business’s 50 day moving average price is $102.03 and its 200-day moving average price is $101.80. Vanguard Short-Term Tax-Exempt Bond ETF has a fifty-two week low of $98.50 and a fifty-two week high of $102.59.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.2247 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 2.6%.

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. VTES was launched on Feb 22, 2023 and is managed by Vanguard.