Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Short Interest Down 53.9% in December

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 18,301 shares, a decline of 53.9% from the November 30th total of 39,719 shares. Based on an average trading volume of 106,333 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 106,333 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Vanguard Short-Term Tax-Exempt Bond ETF

Several large investors have recently added to or reduced their stakes in VTES. HighTower Advisors LLC raised its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 18.8% during the first quarter. HighTower Advisors LLC now owns 2,437 shares of the company’s stock valued at $245,000 after acquiring an additional 386 shares during the period. Raymond James Financial Inc. grew its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 26.6% during the 1st quarter. Raymond James Financial Inc. now owns 72,223 shares of the company’s stock valued at $7,259,000 after buying an additional 15,175 shares in the last quarter. Core Wealth Advisors Inc. grew its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 33.4% during the first quarter. Core Wealth Advisors Inc. now owns 3,969 shares of the company’s stock valued at $399,000 after acquiring an additional 994 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 124.5% during the first quarter. NewEdge Advisors LLC now owns 5,935 shares of the company’s stock valued at $597,000 after purchasing an additional 3,291 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 451.6% during the 1st quarter. Jones Financial Companies Lllp now owns 28,506 shares of the company’s stock valued at $2,865,000 after acquiring an additional 23,338 shares during the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

Shares of VTES stock traded down $0.01 on Friday, reaching $101.45. The stock had a trading volume of 98,001 shares, compared to its average volume of 94,926. Vanguard Short-Term Tax-Exempt Bond ETF has a 1 year low of $98.50 and a 1 year high of $102.39. The company has a 50 day simple moving average of $101.53 and a 200 day simple moving average of $101.46.

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.