Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Sets New 1-Year Low – Time to Sell?

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES – Get Free Report)’s stock price reached a new 52-week low during trading on Monday. The stock traded as low as $98.06 and last traded at $98.0950, with a volume of 69048 shares traded. The stock had previously closed at $98.48.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

The firm has a 50 day moving average of $100.36 and a 200 day moving average of $100.89.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. AdvisorNet Financial Inc acquired a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the first quarter valued at about $30,000. Gould Capital LLC acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter valued at about $51,000. Triumph Capital Management increased its position in Vanguard Short-Term Tax-Exempt Bond ETF by 50.0% in the 2nd quarter. Triumph Capital Management now owns 1,500 shares of the company’s stock valued at $152,000 after buying an additional 500 shares in the last quarter. Rothschild Investment LLC increased its position in Vanguard Short-Term Tax-Exempt Bond ETF by 32.5% in the 4th quarter. Rothschild Investment LLC now owns 1,656 shares of the company’s stock valued at $168,000 after buying an additional 406 shares in the last quarter. Finally, Valmark Advisers Inc. bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the 1st quarter valued at about $232,000.

About Vanguard Short-Term Tax-Exempt Bond ETF

(Get Free Report)

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.

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