Cornerstone Financial Management LLC Takes Position in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Cornerstone Financial Management LLC acquired a new stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 6,545 shares of the company’s stock, valued at approximately $665,000.

Several other large investors also recently modified their holdings of the stock. Avior Wealth Management LLC grew its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 70.4% during the fourth quarter. Avior Wealth Management LLC now owns 16,935 shares of the company’s stock worth $1,720,000 after buying an additional 6,995 shares during the last quarter. S.A. Mason LLC bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth about $2,703,000. Arbor Investment Advisors LLC bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth about $675,000. Farther Finance Advisors LLC grew its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 57.5% during the fourth quarter. Farther Finance Advisors LLC now owns 16,296 shares of the company’s stock worth $1,655,000 after buying an additional 5,952 shares during the last quarter. Finally, Jacobson & Schmitt Advisors LLC grew its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 196.3% during the third quarter. Jacobson & Schmitt Advisors LLC now owns 20,168 shares of the company’s stock worth $2,056,000 after buying an additional 13,361 shares during the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Down 0.0%

Shares of Vanguard Short-Term Tax-Exempt Bond ETF stock opened at $101.12 on Friday. Vanguard Short-Term Tax-Exempt Bond ETF has a 1-year low of $100.50 and a 1-year high of $102.71. The firm’s 50-day moving average price is $101.13 and its two-hundred day moving average price is $101.59.

Vanguard Short-Term Tax-Exempt Bond ETF Company 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. VTES was launched on Feb 22, 2023 and is managed by Vanguard.