Short Interest in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Increases By 130.6%

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 57,033 shares, a growth of 130.6% from the March 15th total of 24,736 shares. Based on an average daily volume of 204,390 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the shares of the stock are short sold.

Vanguard Short-Term Tax-Exempt Bond ETF Trading Up 0.1%

VTES traded up $0.06 during trading hours on Monday, hitting $101.35. The company’s stock had a trading volume of 152,044 shares, compared to its average volume of 182,920. The business’s 50-day moving average price is $101.85 and its 200-day moving average price is $101.74. Vanguard Short-Term Tax-Exempt Bond ETF has a 12 month low of $99.28 and a 12 month high of $102.71.

Institutional Investors Weigh In On Vanguard Short-Term Tax-Exempt Bond ETF

Several large investors have recently bought and sold shares of VTES. Nepc LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter valued at $30,000. Rossby Financial LCC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter valued at $33,000. Birchwood Financial Partners Inc. bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter valued at $36,000. Gould Capital LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter valued at $51,000. Finally, American National Bank & Trust increased its position in Vanguard Short-Term Tax-Exempt Bond ETF by 117.0% during the fourth quarter. American National Bank & Trust now owns 651 shares of the company’s stock valued at $66,000 after acquiring an additional 351 shares during the last quarter.

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.