Avior Wealth Management LLC Acquires 6,995 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Avior Wealth Management LLC raised its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 70.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,935 shares of the company’s stock after purchasing an additional 6,995 shares during the period. Avior Wealth Management LLC owned 0.11% of Vanguard Short-Term Tax-Exempt Bond ETF worth $1,720,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VTES. Laurel Wealth Advisors LLC lifted its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 10,377.7% in the second quarter. Laurel Wealth Advisors LLC now owns 1,385,053 shares of the company’s stock valued at $139,793,000 after buying an additional 1,371,834 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 8.9% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,374,774 shares of the company’s stock valued at $140,124,000 after purchasing an additional 111,927 shares during the last quarter. Corient Private Wealth LLC grew its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 78.8% during the second quarter. Corient Private Wealth LLC now owns 324,142 shares of the company’s stock worth $32,716,000 after buying an additional 142,881 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 17.8% in the third quarter. Bank of America Corp DE now owns 259,963 shares of the company’s stock valued at $26,497,000 after purchasing an additional 39,355 shares during the last quarter. Finally, TIAA Trust National Association purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the 3rd quarter valued at about $25,478,000.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTES opened at $101.24 on Friday. The stock’s 50 day moving average price is $102.15 and its 200-day moving average price is $101.84. Vanguard Short-Term Tax-Exempt Bond ETF has a twelve month low of $98.50 and a twelve month high of $102.71.

Vanguard Short-Term Tax-Exempt Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.2362 dividend. The ex-dividend date was Monday, March 2nd. This is a positive change from Vanguard Short-Term Tax-Exempt Bond ETF’s previous monthly dividend of $0.22. This represents a c) dividend on an annualized basis and a yield of 2.8%.

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.