Short Interest in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Declines By 41.7%

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 57,894 shares, a decline of 41.7% from the July 30th total of 99,337 shares. Based on an average trading volume of 212,989 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in VTES. Nepc LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter valued at about $30,000. AdvisorNet Financial Inc bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 1st quarter worth approximately $30,000. Birchwood Financial Partners Inc. acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter worth approximately $36,000. Gould Capital LLC bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter valued at approximately $51,000. Finally, Triumph Capital Management increased its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 50.0% during the second quarter. Triumph Capital Management now owns 1,500 shares of the company’s stock valued at $152,000 after purchasing an additional 500 shares during the period.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTES traded down $0.02 during trading hours on Monday, hitting $100.75. 211,160 shares of the company traded hands, compared to its average volume of 185,708. Vanguard Short-Term Tax-Exempt Bond ETF has a twelve month low of $100.33 and a twelve month high of $102.71. The firm has a 50-day moving average of $100.91 and a 200 day moving average of $101.26.

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.