Firestone Capital Management Sells 7,563 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Firestone Capital Management lessened its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 12.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,071 shares of the company’s stock after selling 7,563 shares during the period. Vanguard Short-Term Tax-Exempt Bond ETF accounts for 1.0% of Firestone Capital Management’s investment portfolio, making the stock its 23rd largest position. Firestone Capital Management’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $5,174,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AdvisorNet Financial Inc purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the 1st quarter worth about $30,000. Nepc LLC purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter valued at about $30,000. Birchwood Financial Partners Inc. purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter valued at about $36,000. Gould Capital LLC purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the fourth quarter worth about $51,000. Finally, Triumph Capital Management raised its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 50.0% in the second quarter. Triumph Capital Management now owns 1,500 shares of the company’s stock valued at $152,000 after purchasing an additional 500 shares during the period.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

Shares of VTES stock opened at $100.36 on Wednesday. The firm’s 50 day moving average is $100.88 and its 200 day moving average is $101.23. Vanguard Short-Term Tax-Exempt Bond ETF has a 12 month low of $100.29 and a 12 month high of $102.71.

About Vanguard Short-Term Tax-Exempt Bond ETF

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.