Cwm LLC Invests $655,000 in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Cwm LLC purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the 4th quarter, HoldingsChannel reports. The firm purchased 6,448 shares of the company’s stock, valued at approximately $655,000.

Several other hedge funds also recently modified their holdings of the business. Mercer Global Advisors Inc. ADV raised its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 8.9% in the third quarter. Mercer Global Advisors Inc. ADV now owns 1,374,774 shares of the company’s stock valued at $140,124,000 after purchasing an additional 111,927 shares during the period. Corient Private Wealth LLC raised its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 78.8% in the second quarter. Corient Private Wealth LLC now owns 324,142 shares of the company’s stock valued at $32,716,000 after purchasing an additional 142,881 shares during the period. Bank of America Corp DE raised its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 17.8% in the third quarter. Bank of America Corp DE now owns 259,963 shares of the company’s stock valued at $26,497,000 after purchasing an additional 39,355 shares during the period. TIAA Trust National Association bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the third quarter valued at approximately $25,478,000. Finally, Raymond James Financial Inc. raised its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 72.8% in the third quarter. Raymond James Financial Inc. now owns 142,102 shares of the company’s stock valued at $14,484,000 after purchasing an additional 59,864 shares during the period.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTES opened at $101.24 on Thursday. Vanguard Short-Term Tax-Exempt Bond ETF has a 12 month low of $99.78 and a 12 month high of $102.71. The company’s 50 day moving average is $101.59 and its 200-day moving average is $101.70.

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.