Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Position Trimmed by Avaii Wealth Management LLC

Avaii Wealth Management LLC decreased its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 5.9% in the 1st quarter, Holdings Channel reports. The firm owned 2,530 shares of the company’s stock after selling 158 shares during the quarter. Avaii Wealth Management LLC’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the business. US Bancorp DE bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth about $55,000. Principia Wealth Advisory LLC bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the first quarter worth about $94,000. Harbour Investments Inc. grew its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 156.0% during the fourth quarter. Harbour Investments Inc. now owns 960 shares of the company’s stock worth $96,000 after acquiring an additional 585 shares during the last quarter. Elequin Capital LP bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth about $110,000. Finally, Vermillion Wealth Management Inc. bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth about $153,000.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

Vanguard Short-Term Tax-Exempt Bond ETF stock opened at $100.52 on Friday. The company has a 50-day simple moving average of $100.01 and a 200-day simple moving average of $100.38. Vanguard Short-Term Tax-Exempt Bond ETF has a one year low of $98.50 and a one year high of $101.48.

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.