Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Plans $0.22 Monthly Dividend

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) declared a monthly dividend on Thursday, January 8th. Shareholders of record on Monday, February 2nd will be given a dividend of 0.2247 per share on Wednesday, February 4th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date is Monday, February 2nd.

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

VTES opened at $102.32 on Friday. The business’s 50 day moving average is $101.73 and its 200-day moving average is $101.66. Vanguard Short-Term Tax-Exempt Bond ETF has a twelve month low of $98.50 and a twelve month high of $102.39.

Institutional Trading of Vanguard Short-Term Tax-Exempt Bond ETF

A number of institutional investors have recently bought and sold shares of VTES. Laurel Wealth Advisors LLC grew its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 10,377.7% during the second quarter. Laurel Wealth Advisors LLC now owns 1,385,053 shares of the company’s stock worth $139,793,000 after purchasing an additional 1,371,834 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 8.9% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,374,774 shares of the company’s stock worth $140,124,000 after buying an additional 111,927 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 78.8% during the 2nd quarter. Corient Private Wealth LLC now owns 324,142 shares of the company’s stock worth $32,716,000 after buying an additional 142,881 shares during the period. Bank of America Corp DE increased its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 17.8% in the 3rd quarter. Bank of America Corp DE now owns 259,963 shares of the company’s stock valued at $26,497,000 after acquiring an additional 39,355 shares during the last quarter. Finally, TIAA Trust National Association acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $25,478,000.

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.