Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) Short Interest Update

Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 14,202 shares, a drop of 46.8% from the May 14th total of 26,681 shares. Based on an average daily trading volume, of 58,556 shares, the short-interest ratio is presently 0.2 days. Currently, 3.2% of the company’s stock are short sold.

Vanguard New York Tax-Exempt Bond ETF Stock Performance

BATS MUNY opened at $103.43 on Tuesday. Vanguard New York Tax-Exempt Bond ETF has a fifty-two week low of $99.45 and a fifty-two week high of $105.51. The stock’s 50-day moving average is $103.10 and its two-hundred day moving average is $103.37.

Hedge Funds Weigh In On Vanguard New York Tax-Exempt Bond ETF

Several institutional investors have recently bought and sold shares of MUNY. Bridgewater Advisors Inc. raised its holdings in Vanguard New York Tax-Exempt Bond ETF by 115.6% during the fourth quarter. Bridgewater Advisors Inc. now owns 185,176 shares of the company’s stock valued at $19,171,000 after buying an additional 99,269 shares in the last quarter. WNY Asset Management LLC bought a new position in shares of Vanguard New York Tax-Exempt Bond ETF in the first quarter worth about $8,134,000. Ieq Capital LLC bought a new position in shares of Vanguard New York Tax-Exempt Bond ETF in the fourth quarter worth about $6,842,000. Jane Street Group LLC bought a new position in shares of Vanguard New York Tax-Exempt Bond ETF in the second quarter worth about $5,056,000. Finally, Bank of America Corp DE increased its stake in shares of Vanguard New York Tax-Exempt Bond ETF by 4,455.7% in the first quarter. Bank of America Corp DE now owns 13,667 shares of the company’s stock worth $1,400,000 after purchasing an additional 13,367 shares during the period.

Vanguard New York Tax-Exempt Bond ETF Company Profile

Vanguard New York Tax-Free Funds – Vanguard New York Tax-Exempt Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc The fund invests in fixed income markets of the United States. It invests in U.S. dollar denominated tax exempt investment-grade municipal bonds issued by state or local governments or agencies that are rated BBB- or above by S&P or Fitch or Baa3 or above by Moody’s with a maturity that is greater than or equal to one calendar month. The fund seeks to track the performance of the S&P New York AMT-Free Municipal USD10 Million Par Bond Index, by using representative sampling methodology.