Mayport LLC Raises Position in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Mayport LLC grew its stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 47.6% during the third quarter, Holdings Channel reports. The firm owned 30,469 shares of the company’s stock after purchasing an additional 9,820 shares during the period. Vanguard Short-Term Tax-Exempt Bond ETF makes up approximately 0.7% of Mayport LLC’s portfolio, making the stock its 21st largest position. Mayport LLC’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $3,106,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VTES. Rossby Financial LCC bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter worth $33,000. Global Retirement Partners LLC boosted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 691.1% during the 3rd quarter. Global Retirement Partners LLC now owns 799 shares of the company’s stock worth $81,000 after acquiring an additional 698 shares during the last quarter. Rothschild Investment LLC grew its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 150.0% in the 3rd quarter. Rothschild Investment LLC now owns 1,250 shares of the company’s stock worth $127,000 after acquiring an additional 750 shares in the last quarter. Hanson & Doremus Investment Management grew its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 78.1% in the 3rd quarter. Hanson & Doremus Investment Management now owns 1,462 shares of the company’s stock worth $149,000 after acquiring an additional 641 shares in the last quarter. Finally, MB Generational Wealth LLC purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the third quarter valued at about $224,000.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

Shares of VTES stock opened at $101.72 on Wednesday. The firm has a 50-day moving average of $102.17 and a 200-day moving average of $101.85. Vanguard Short-Term Tax-Exempt Bond ETF has a one year low of $98.50 and a one year high of $102.71.

Vanguard Short-Term Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.2362 dividend. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from Vanguard Short-Term Tax-Exempt Bond ETF’s previous monthly dividend of $0.22.

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.