Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES – Get Free Report) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,051,997 shares, an increase of 397.9% from the September 15th total of 211,273 shares. Based on an average daily trading volume, of 1,001,286 shares, the days-to-cover ratio is currently 1.1 days. Approximately 2.8% of the shares of the company are short sold.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. AdvisorNet Financial Inc acquired a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the first quarter worth about $30,000. Gould Capital LLC acquired a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth $51,000. Armstrong Advisory Group Inc. purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the 3rd quarter valued at about $80,000. American National Bank & Trust acquired a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 3rd quarter worth approximately $145,000. Finally, Triumph Capital Management lifted its stake in 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 worth $152,000 after purchasing an additional 500 shares in the last quarter.
Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance
Shares of VTES stock traded up $0.22 on Friday, hitting $98.97. The company had a trading volume of 552,222 shares, compared to its average volume of 302,470. The company has a 50-day moving average price of $99.95 and a 200-day moving average price of $100.68. Vanguard Short-Term Tax-Exempt Bond ETF has a twelve month low of $98.02 and a twelve month 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.
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