Laurel Wealth Advisors LLC Sells 1,370,576 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Laurel Wealth Advisors LLC lessened its position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 99.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,477 shares of the company’s stock after selling 1,370,576 shares during the quarter. Laurel Wealth Advisors LLC owned about 0.11% of Vanguard Short-Term Tax-Exempt Bond ETF worth $1,476,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Bridgewealth Advisory Group LLC boosted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 1.0% during the third quarter. Bridgewealth Advisory Group LLC now owns 9,782 shares of the company’s stock valued at $997,000 after acquiring an additional 100 shares during the period. Per Stirling Capital Management LLC. lifted its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 1.6% during the 2nd quarter. Per Stirling Capital Management LLC. now owns 6,292 shares of the company’s stock worth $635,000 after purchasing an additional 102 shares during the last quarter. McIlrath & Eck LLC lifted its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 3.5% during the 3rd quarter. McIlrath & Eck LLC now owns 3,024 shares of the company’s stock worth $308,000 after purchasing an additional 102 shares during the last quarter. Daymark Wealth Partners LLC boosted its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 0.9% during the 3rd quarter. Daymark Wealth Partners LLC now owns 13,467 shares of the company’s stock valued at $1,373,000 after purchasing an additional 117 shares during the period. Finally, Single Point Partners LLC boosted its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 0.9% during the 3rd quarter. Single Point Partners LLC now owns 13,827 shares of the company’s stock valued at $1,409,000 after purchasing an additional 122 shares during the period.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Up 0.0%

VTES opened at $102.65 on Monday. The stock’s 50 day moving average price is $102.10 and its two-hundred day moving average price is $101.82. Vanguard Short-Term Tax-Exempt Bond ETF has a 12-month low of $98.50 and a 12-month high of $102.71.

Vanguard Short-Term Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be paid a $0.2362 dividend. The ex-dividend date is 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) annualized dividend and a dividend yield of 2.8%.

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.