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

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 49,838 shares, an increase of 203.1% from the April 15th total of 16,441 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 159,726 shares, the short-interest ratio is currently 0.3 days.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of VTES stock traded down $0.03 during mid-day trading on Thursday, reaching $100.92. The stock had a trading volume of 81,298 shares, compared to its average volume of 176,959. Vanguard Short-Term Tax-Exempt Bond ETF has a one year low of $100.04 and a one year high of $102.71. The firm’s 50 day simple moving average is $101.33 and its 200 day simple moving average is $101.66.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Kestra Private Wealth Services LLC increased its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 4.2% in the 4th quarter. Kestra Private Wealth Services LLC now owns 3,092 shares of the company’s stock valued at $314,000 after buying an additional 125 shares during the period. Frankly Finances LLC boosted its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 0.6% during the 1st quarter. Frankly Finances LLC now owns 21,401 shares of the company’s stock valued at $2,164,000 after acquiring an additional 133 shares in the last quarter. PDS Planning Inc boosted its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 6.5% during the 4th quarter. PDS Planning Inc now owns 2,374 shares of the company’s stock valued at $241,000 after acquiring an additional 145 shares in the last quarter. Main Street Financial Solutions LLC increased its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 3.3% in the second quarter. Main Street Financial Solutions LLC now owns 4,598 shares of the company’s stock valued at $464,000 after acquiring an additional 146 shares during the period. Finally, SigFig Wealth Management LLC increased its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 4.6% in the fourth quarter. SigFig Wealth Management LLC now owns 3,357 shares of the company’s stock valued at $341,000 after acquiring an additional 148 shares during the period.

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.