Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Shares Sold by Avaii Wealth Management LLC

Avaii Wealth Management LLC cut its stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 5.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,530 shares of the company’s stock after selling 158 shares during the period. Avaii Wealth Management LLC’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $254,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Truist Financial Corp acquired a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the fourth quarter valued at $322,000. HighTower Advisors LLC acquired a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the fourth quarter valued at $206,000. US Bancorp DE acquired a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the fourth quarter valued at $55,000. Harbour Investments Inc. increased its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 156.0% during the fourth quarter. Harbour Investments Inc. now owns 960 shares of the company’s stock valued at $96,000 after purchasing an additional 585 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter valued at $5,719,000.

Vanguard Short-Term Tax-Exempt Bond ETF Trading Down 0.1%

VTES stock opened at $100.52 on Friday. Vanguard Short-Term Tax-Exempt Bond ETF has a 1-year low of $98.50 and a 1-year high of $101.48. The firm has a fifty day moving average price of $100.01 and a two-hundred day moving average price of $100.38.

Vanguard Short-Term Tax-Exempt Bond ETF 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.