Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Announces Dividend Increase – $0.24 Per Share

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) announced a monthly dividend on Thursday, January 8th. Shareholders of record on Monday, March 2nd will be given a dividend of 0.2362 per share on Wednesday, March 4th. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Monday, March 2nd. This is a 5.1% increase from Vanguard Short-Term Tax-Exempt Bond ETF’s previous monthly dividend of $0.22.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Short-Term Tax-Exempt Bond ETF stock traded up $0.02 during trading hours on Friday, hitting $102.65. The company’s stock had a trading volume of 256,120 shares, compared to its average volume of 174,157. Vanguard Short-Term Tax-Exempt Bond ETF has a 1-year low of $98.50 and a 1-year high of $102.71. The business has a fifty day moving average of $102.10 and a 200 day moving average of $101.82.

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.