Bedel Financial Consulting Inc. Buys 142,165 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Bedel Financial Consulting Inc. increased its stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 628.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 164,779 shares of the company’s stock after acquiring an additional 142,165 shares during the quarter. Vanguard Short-Term Tax-Exempt Bond ETF comprises 1.8% of Bedel Financial Consulting Inc.’s holdings, making the stock its 6th largest holding. Bedel Financial Consulting Inc. owned about 1.04% of Vanguard Short-Term Tax-Exempt Bond ETF worth $16,737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in VTES. Rossby Financial LCC acquired a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the third quarter worth approximately $33,000. American National Bank & Trust lifted its stake in shares of 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 acquiring an additional 351 shares during the period. Global Retirement Partners LLC lifted its stake in shares of 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 acquiring an additional 698 shares during the period. Rothschild Investment LLC lifted its stake in shares of 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 acquiring an additional 750 shares during the period. Finally, Hanson & Doremus Investment Management lifted its stake in shares of 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 acquiring an additional 641 shares during the period.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of VTES opened at $101.39 on Wednesday. Vanguard Short-Term Tax-Exempt Bond ETF has a 52-week low of $99.28 and a 52-week high of $102.71. The business’s 50 day moving average price is $101.73 and its two-hundred day moving average price is $101.72.

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