Vanguard Long-Term Tax-Exempt Bond ETF (BATS:VTEL) Sees Large Growth in Short Interest

Vanguard Long-Term Tax-Exempt Bond ETF (BATS:VTELGet Free Report) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 70,143 shares, an increase of 207.1% from the July 30th total of 22,841 shares. Based on an average daily trading volume, of 32,512 shares, the short-interest ratio is presently 2.2 days. Approximately 28.1% of the shares of the company are short sold.

Vanguard Long-Term Tax-Exempt Bond ETF Trading Down 0.2%

VTEL opened at $101.26 on Friday. The company’s 50-day moving average price is $102.99 and its 200 day moving average price is $103.41. Vanguard Long-Term Tax-Exempt Bond ETF has a fifty-two week low of $98.88 and a fifty-two week high of $105.84.

Hedge Funds Weigh In On Vanguard Long-Term Tax-Exempt Bond ETF

Several institutional investors have recently made changes to their positions in VTEL. Stone Loft Wealth Management LLC bought a new stake in shares of Vanguard Long-Term Tax-Exempt Bond ETF in the 1st quarter worth approximately $864,000. Bank of New York Mellon Corp acquired a new position in Vanguard Long-Term Tax-Exempt Bond ETF during the 1st quarter valued at approximately $1,400,000. Bank of America Corp DE grew its stake in Vanguard Long-Term Tax-Exempt Bond ETF by 840.8% during the 1st quarter. Bank of America Corp DE now owns 120,771 shares of the company’s stock worth $12,380,000 after buying an additional 107,934 shares during the last quarter. Gateway Wealth Partners LLC bought a new position in Vanguard Long-Term Tax-Exempt Bond ETF during the 1st quarter worth $679,000. Finally, HighTower Advisors LLC increased its position in Vanguard Long-Term Tax-Exempt Bond ETF by 241.0% in the fourth quarter. HighTower Advisors LLC now owns 146,503 shares of the company’s stock worth $15,182,000 after buying an additional 103,538 shares during the period.

About Vanguard Long-Term Tax-Exempt Bond ETF

(Get Free Report)

The Vanguard Long-Term Tax-Exempt Bond ETF (VTEL) is an exchange-traded fund that trades on the BATS exchange in the United States.

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