Eclectic Associates Inc. ADV Makes New $7.38 Million Investment in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Eclectic Associates Inc. ADV purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the third quarter, HoldingsChannel.com reports. The fund purchased 74,806 shares of the company’s stock, valued at approximately $7,376,000. Vanguard Short-Term Tax-Exempt Bond ETF accounts for 0.8% of Eclectic Associates Inc. ADV’s portfolio, making the stock its 27th largest holding.

Other institutional investors also recently made changes to their positions in the company. Wescott Financial Advisory Group LLC grew its position in Vanguard Short-Term Tax-Exempt Bond ETF by 5.1% during the fourth quarter. Wescott Financial Advisory Group LLC now owns 668,567 shares of the company’s stock valued at $67,910,000 after acquiring an additional 32,412 shares during the period. Bank of America Corp DE boosted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 35.8% in the first quarter. Bank of America Corp DE now owns 378,943 shares of the company’s stock valued at $38,326,000 after purchasing an additional 99,912 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 8.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 100,525 shares of the company’s stock worth $10,184,000 after buying an additional 8,187 shares in the last quarter. Beacon Bank & Trust increased its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 2.0% during the second quarter. Beacon Bank & Trust now owns 96,154 shares of the company’s stock worth $9,741,000 after acquiring an additional 1,926 shares during the last quarter. Finally, Apella Capital LLC increased its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 27.2% during the third quarter. Apella Capital LLC now owns 81,600 shares of the company’s stock worth $8,042,000 after acquiring an additional 17,428 shares during the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Trading Up 0.2%

Vanguard Short-Term Tax-Exempt Bond ETF stock opened at $98.75 on Friday. Vanguard Short-Term Tax-Exempt Bond ETF has a 52 week low of $98.02 and a 52 week high of $102.71. The stock has a 50 day moving average of $99.99 and a 200-day moving average of $100.70.

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. VTES was launched on Feb 22, 2023 and is managed by Vanguard.