Modern Wealth Management LLC Sells 8,102 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Modern Wealth Management LLC lessened its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 46.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,366 shares of the company’s stock after selling 8,102 shares during the quarter. Modern Wealth Management LLC owned approximately 0.05% of Vanguard Short-Term Tax-Exempt Bond ETF worth $947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Wescott Financial Advisory Group LLC raised its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 5.1% in the 4th quarter. Wescott Financial Advisory Group LLC now owns 668,567 shares of the company’s stock worth $67,910,000 after purchasing an additional 32,412 shares during the period. Corient Private Wealth LLC grew its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 78.8% during 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. TIAA Trust National Association grew its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 12.5% during the fourth quarter. TIAA Trust National Association now owns 281,168 shares of the company’s stock valued at $28,560,000 after purchasing an additional 31,200 shares during the period. Bank of America Corp DE increased its position in 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 worth $26,497,000 after buying an additional 39,355 shares in the last quarter. Finally, Seeds Investor LLC raised its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 3.8% in the fourth quarter. Seeds Investor LLC now owns 189,558 shares of the company’s stock worth $19,254,000 after buying an additional 6,858 shares during the period.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

VTES stock opened at $100.48 on Monday. Vanguard Short-Term Tax-Exempt Bond ETF has a twelve month low of $100.33 and a twelve month high of $102.71. The business’s 50-day moving average price is $101.05 and its 200-day moving average price is $101.49.

Vanguard Short-Term Tax-Exempt Bond ETF 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.