SwitchPoint Financial Planning LLC Makes New $1.34 Million Investment in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

SwitchPoint Financial Planning LLC bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 13,339 shares of the company’s stock, valued at approximately $1,337,000. Vanguard Short-Term Tax-Exempt Bond ETF accounts for approximately 1.3% of SwitchPoint Financial Planning LLC’s portfolio, making the stock its 20th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. US Bancorp DE purchased a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter worth $55,000. Harbour Investments Inc. grew its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 156.0% during the 4th quarter. Harbour Investments Inc. now owns 960 shares of the company’s stock worth $96,000 after buying an additional 585 shares in the last quarter. McIlrath & Eck LLC purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter valued at $128,000. HighTower Advisors LLC bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the fourth quarter valued at about $206,000. Finally, Rialto Wealth Management LLC purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the fourth quarter worth about $218,000.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

NYSEARCA:VTES opened at $100.43 on Wednesday. The firm has a 50-day simple moving average of $100.64 and a 200-day simple moving average of $100.75. Vanguard Short-Term Tax-Exempt Bond ETF has a one year low of $99.30 and a one year high of $101.48.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

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

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.