PFG Private Wealth Management LLC Makes New Investment in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

PFG Private Wealth Management LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) in the 3rd quarter, according to its most recent disclosure with the SEC. The firm bought 6,434 shares of the company’s stock, valued at approximately $656,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. MB Generational Wealth LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the third quarter worth about $224,000. Sunesis Advisors LLC bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 3rd quarter worth approximately $1,088,000. Fortune Financial Advisors LLC purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $449,000. Hurlow Wealth Management Group Inc. purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $307,000. Finally, Altiora Financial Group LLC boosted its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 4.9% during the third quarter. Altiora Financial Group LLC now owns 40,731 shares of the company’s stock valued at $4,151,000 after purchasing an additional 1,900 shares in the last quarter.

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

Shares of VTES stock opened at $102.49 on Friday. The business’s fifty day moving average is $101.87 and its 200 day moving average is $101.73. Vanguard Short-Term Tax-Exempt Bond ETF has a twelve month low of $98.50 and a twelve month high of $102.50.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a $0.2247 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%.

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.