Short Interest in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Increases By 57.4%

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 91,128 shares, a growth of 57.4% from the August 15th total of 57,894 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 273,903 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Vanguard Short-Term Tax-Exempt Bond ETF

Large investors have recently added to or reduced their stakes in the business. Washington Trust Advisors Inc. increased its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 5.8% during the 2nd quarter. Washington Trust Advisors Inc. now owns 2,347 shares of the company’s stock worth $238,000 after buying an additional 129 shares during the period. Frankly Finances LLC boosted its position in Vanguard Short-Term Tax-Exempt Bond ETF by 0.6% in the 1st quarter. Frankly Finances LLC now owns 21,401 shares of the company’s stock valued at $2,164,000 after buying an additional 133 shares during the last quarter. Waverly Advisors LLC boosted its position in Vanguard Short-Term Tax-Exempt Bond ETF by 1.1% in the 2nd quarter. Waverly Advisors LLC now owns 13,293 shares of the company’s stock valued at $1,347,000 after buying an additional 150 shares during the last quarter. Choate Investment Advisors grew its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 0.9% during the fourth quarter. Choate Investment Advisors now owns 17,815 shares of the company’s stock valued at $1,810,000 after acquiring an additional 152 shares in the last quarter. Finally, Bryn Mawr Trust Advisors LLC grew its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 5.6% during the first quarter. Bryn Mawr Trust Advisors LLC now owns 3,678 shares of the company’s stock valued at $372,000 after acquiring an additional 195 shares in the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Trading Up 0.1%

VTES traded up $0.07 during trading on Thursday, hitting $99.69. The company’s stock had a trading volume of 131,380 shares, compared to its average volume of 235,038. Vanguard Short-Term Tax-Exempt Bond ETF has a twelve month low of $99.57 and a twelve month high of $102.71. The firm’s 50 day moving average price is $100.62 and its 200-day moving average price is $101.04.

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.