Stonebridge Capital Advisors LLC Acquires 4,996 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Stonebridge Capital Advisors LLC grew its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 6.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,837 shares of the company’s stock after buying an additional 4,996 shares during the quarter. Stonebridge Capital Advisors LLC owned 0.62% of Vanguard Short-Term Tax-Exempt Bond ETF worth $8,647,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTES. Rossby Financial LCC acquired a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter valued at about $33,000. Global Retirement Partners LLC raised its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 691.1% in the third quarter. Global Retirement Partners LLC now owns 799 shares of the company’s stock worth $81,000 after purchasing an additional 698 shares during the last quarter. Rothschild Investment LLC raised its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 150.0% in the third quarter. Rothschild Investment LLC now owns 1,250 shares of the company’s stock worth $127,000 after purchasing an additional 750 shares during the last quarter. Hanson & Doremus Investment Management lifted its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 78.1% in the third quarter. Hanson & Doremus Investment Management now owns 1,462 shares of the company’s stock valued at $149,000 after purchasing an additional 641 shares in the last quarter. Finally, MB Generational Wealth LLC purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter valued at approximately $224,000.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

NYSEARCA VTES opened at $102.01 on Thursday. The business has a fifty day simple moving average of $102.13 and a 200 day simple moving average of $101.83. Vanguard Short-Term Tax-Exempt Bond ETF has a 12 month low of $98.50 and a 12 month high of $102.71.

Vanguard Short-Term Tax-Exempt Bond ETF Increases Dividend

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

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.