Mercer Global Advisors Inc. ADV Acquires 111,927 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Mercer Global Advisors Inc. ADV increased its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 8.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,374,774 shares of the company’s stock after acquiring an additional 111,927 shares during the quarter. Mercer Global Advisors Inc. ADV owned about 0.10% of Vanguard Short-Term Tax-Exempt Bond ETF worth $140,124,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VTES. NewEdge Advisors LLC increased its position in Vanguard Short-Term Tax-Exempt Bond ETF by 124.5% in the 1st quarter. NewEdge Advisors LLC now owns 5,935 shares of the company’s stock valued at $597,000 after acquiring an additional 3,291 shares during the period. Jane Street Group LLC bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the first quarter valued at $3,991,000. Focus Partners Wealth acquired a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the first quarter worth $611,000. Cetera Investment Advisers grew its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 48.1% in the second quarter. Cetera Investment Advisers now owns 103,246 shares of the company’s stock worth $10,421,000 after purchasing an additional 33,534 shares during the last quarter. Finally, Diversified Portfolios Inc. grew its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 2.6% in the second quarter. Diversified Portfolios Inc. now owns 20,508 shares of the company’s stock worth $2,070,000 after purchasing an additional 514 shares during the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTES opened at $101.72 on Tuesday. Vanguard Short-Term Tax-Exempt Bond ETF has a twelve month low of $98.50 and a twelve month high of $102.71. The stock has a fifty day simple moving average of $102.17 and a 200 day simple moving average of $101.85.

Vanguard Short-Term Tax-Exempt Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.2362 dividend. This is a boost from Vanguard Short-Term Tax-Exempt Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%.

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.