Arbor Investment Advisors LLC Takes $675,000 Position in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Arbor Investment Advisors LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,644 shares of the company’s stock, valued at approximately $675,000.

A number of other hedge funds have also added to or reduced their stakes in VTES. Rossby Financial LCC bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the third quarter worth approximately $33,000. American National Bank & Trust increased its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 117.0% in the fourth quarter. American National Bank & Trust now owns 651 shares of the company’s stock worth $66,000 after purchasing an additional 351 shares in the last quarter. Global Retirement Partners LLC increased its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 691.1% in the third quarter. Global Retirement Partners LLC now owns 799 shares of the company’s stock worth $81,000 after purchasing an additional 698 shares in the last quarter. Rothschild Investment LLC increased its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 150.0% in the third quarter. Rothschild Investment LLC now owns 1,250 shares of the company’s stock worth $127,000 after purchasing an additional 750 shares in the last quarter. Finally, Hanson & Doremus Investment Management increased its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 78.1% in the third quarter. Hanson & Doremus Investment Management now owns 1,462 shares of the company’s stock worth $149,000 after purchasing an additional 641 shares in the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

Shares of VTES stock opened at $101.29 on Monday. The stock has a 50 day simple moving average of $101.85 and a two-hundred day simple moving average of $101.74. Vanguard Short-Term Tax-Exempt Bond ETF has a fifty-two week low of $98.97 and a fifty-two week high of $102.71.

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.