Hughes Financial Services LLC cut its stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES – Free Report) by 93.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 5,433 shares of the company’s stock after selling 75,990 shares during the quarter. Hughes Financial Services LLC’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $546,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in VTES. McNaughton Wealth Management LLC raised its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 171.8% during the second quarter. McNaughton Wealth Management LLC now owns 13,472 shares of the company’s stock worth $1,365,000 after purchasing an additional 8,516 shares during the last quarter. Avidian Wealth Enterprises LLC purchased a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the 3rd quarter valued at about $742,000. Integrated Wealth Concepts LLC grew its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 27.4% during the second quarter. Integrated Wealth Concepts LLC now owns 24,896 shares of the company’s stock worth $2,522,000 after buying an additional 5,347 shares in the last quarter. Stone Loft Wealth Management LLC acquired a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the first quarter valued at approximately $860,000. Finally, Evanson Financial LLC acquired a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the second quarter valued at approximately $2,743,000.
Vanguard Short-Term Tax-Exempt Bond ETF Price Performance
Shares of VTES opened at $100.38 on Wednesday. The company’s 50 day simple moving average is $99.67 and its 200 day simple moving average is $100.94. Vanguard Short-Term Tax-Exempt Bond ETF has a 1 year low of $98.02 and a 1 year high of $102.71.
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.
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Want to see what other hedge funds are holding VTES? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES – Free Report).
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