Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Short Interest Update

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 90,673 shares, a growth of 142.5% from the January 15th total of 37,392 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily volume of 214,088 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 214,088 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.6% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in VTES. Rossby Financial LCC acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 3rd quarter worth about $33,000. American National Bank & Trust increased its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 117.0% during the 4th 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 raised 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 purchasing an additional 698 shares during the last quarter. Rothschild Investment LLC lifted its holdings 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 valued at $127,000 after purchasing an additional 750 shares in the last quarter. Finally, Hanson & Doremus Investment Management lifted its holdings 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 valued at $149,000 after purchasing an additional 641 shares in the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

Vanguard Short-Term Tax-Exempt Bond ETF stock traded up $0.08 during midday trading on Thursday, reaching $102.49. The stock had a trading volume of 80,843 shares, compared to its average volume of 178,284. Vanguard Short-Term Tax-Exempt Bond ETF has a 12 month low of $98.50 and a 12 month high of $102.50. The company has a fifty day moving average price of $101.85 and a two-hundred day moving average price of $101.73.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

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

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.