Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Sees Significant Growth in Short Interest

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,051,997 shares, an increase of 397.9% from the September 15th total of 211,273 shares. Approximately 2.8% of the shares of the stock are short sold. Based on an average trading volume of 1,001,286 shares, the short-interest ratio is presently 1.1 days.

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

A number of large investors have recently made changes to their positions in VTES. Armstrong Advisory Group Inc. purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter worth about $80,000. Wedmont Private Capital lifted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 386.7% in the 3rd quarter. Wedmont Private Capital now owns 44,303 shares of the company’s stock valued at $4,375,000 after purchasing an additional 35,201 shares in the last quarter. McNaughton Wealth Management LLC lifted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 24.9% in the 3rd quarter. McNaughton Wealth Management LLC now owns 16,827 shares of the company’s stock valued at $1,659,000 after purchasing an additional 3,355 shares in the last quarter. Eclectic Associates Inc. ADV acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter worth about $7,376,000. Finally, First Heartland Consultants Inc. acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter worth about $556,000.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Up 0.2%

Shares of NYSEARCA VTES traded up $0.22 on Friday, hitting $98.97. The company’s stock had a trading volume of 552,222 shares, compared to its average volume of 302,470. The stock has a 50 day moving average of $99.95 and a 200-day moving average of $100.68. Vanguard Short-Term Tax-Exempt Bond ETF has a 12-month low of $98.02 and a 12-month high of $102.71.

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.