Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Announces Dividend Increase – $0.23 Per Share

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) announced a monthly dividend on Wednesday, January 28th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.2319 per share on Wednesday, November 4th. This represents a $2.78 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Monday, November 2nd. This is a 19.5% increase from Vanguard Short-Term Tax-Exempt Bond ETF’s previous monthly dividend of $0.1941.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

VTES stock opened at $100.59 on Friday. The business has a fifty day simple moving average of $99.69 and a 200-day simple moving average of $100.96. Vanguard Short-Term Tax-Exempt Bond ETF has a 52 week low of $98.02 and a 52 week high of $102.71.

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.