Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Short Interest Update

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 37,392 shares, a decline of 35.9% from the December 31st total of 58,361 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 152,807 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 152,807 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTES traded up $0.06 during trading hours on Friday, reaching $102.32. The stock had a trading volume of 169,523 shares, compared to its average volume of 183,391. The stock has a 50 day simple moving average of $101.73 and a 200 day simple moving average of $101.66. Vanguard Short-Term Tax-Exempt Bond ETF has a 12-month low of $98.50 and a 12-month high of $102.39.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be issued a dividend of $0.2247 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, February 2nd.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Rossby Financial LCC bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter valued at $33,000. Eastern Bank bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the 2nd quarter valued at about $50,000. American National Bank & Trust raised its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 117.0% in the fourth quarter. American National Bank & Trust now owns 651 shares of the company’s stock worth $66,000 after buying an additional 351 shares during the last quarter. Global Retirement Partners LLC lifted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 691.1% in the third quarter. Global Retirement Partners LLC now owns 799 shares of the company’s stock worth $81,000 after buying an additional 698 shares in the last quarter. Finally, Rothschild Investment LLC grew its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 150.0% during the third quarter. Rothschild Investment LLC now owns 1,250 shares of the company’s stock valued at $127,000 after buying an additional 750 shares during the last quarter.

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.