Jacobson & Schmitt Advisors LLC Acquires 13,361 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Jacobson & Schmitt Advisors LLC raised its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 196.3% during the third quarter, HoldingsChannel reports. The firm owned 20,168 shares of the company’s stock after purchasing an additional 13,361 shares during the period. Jacobson & Schmitt Advisors LLC’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $2,056,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Rossby Financial LCC purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 3rd quarter worth approximately $33,000. Global Retirement Partners LLC increased its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 691.1% during the third quarter. Global Retirement Partners LLC now owns 799 shares of the company’s stock valued at $81,000 after buying an additional 698 shares during the period. Rothschild Investment LLC raised its stake 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 buying an additional 750 shares in the last quarter. Hanson & Doremus Investment Management lifted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 78.1% during the third quarter. Hanson & Doremus Investment Management now owns 1,462 shares of the company’s stock worth $149,000 after buying an additional 641 shares during the period. Finally, Bristlecone Advisors LLC purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 2nd quarter valued at $202,000.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

VTES opened at $102.53 on Wednesday. Vanguard Short-Term Tax-Exempt Bond ETF has a 12 month low of $98.50 and a 12 month high of $102.59. The stock has a fifty day moving average price of $102.03 and a 200-day moving average price of $101.80.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The company also recently declared 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. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, February 2nd.

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.