Diversified Portfolios Inc. Sells 4,292 Shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Diversified Portfolios Inc. lessened its stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 14.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,436 shares of the company’s stock after selling 4,292 shares during the period. Diversified Portfolios Inc. owned about 0.58% of Vanguard Short-Term Tax-Exempt Bond ETF worth $2,550,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Carmichael Hill & Associates Inc. bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 3rd quarter worth approximately $30,000. Annapolis Financial Services LLC raised its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 31.7% in the third quarter. Annapolis Financial Services LLC now owns 557 shares of the company’s stock valued at $56,000 after purchasing an additional 134 shares in the last quarter. Eastern Bank bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the third quarter worth $92,000. McIlrath & Eck LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the third quarter worth $128,000. Finally, JFS Wealth Advisors LLC acquired a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter worth $203,000.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Short-Term Tax-Exempt Bond ETF stock opened at $100.70 on Wednesday. The company’s fifty day moving average price is $100.49 and its two-hundred day moving average price is $100.79. Vanguard Short-Term Tax-Exempt Bond ETF has a 52-week low of $99.29 and a 52-week high of $101.48.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a $0.2289 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.