Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Short Interest Update

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 135,097 shares, an increase of 306.4% from the May 31st total of 33,245 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily volume of 175,815 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On Vanguard Short-Term Tax-Exempt Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of VTES. Avior Wealth Management LLC boosted its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 70.4% during the 4th quarter. Avior Wealth Management LLC now owns 16,935 shares of the company’s stock worth $1,720,000 after buying an additional 6,995 shares during the period. S.A. Mason LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter valued at about $2,703,000. Farther Finance Advisors LLC raised its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 57.5% in the 4th quarter. Farther Finance Advisors LLC now owns 16,296 shares of the company’s stock valued at $1,655,000 after acquiring an additional 5,952 shares during the period. Directional Asset Management acquired a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth approximately $607,000. Finally, Arbor Investment Advisors LLC acquired a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth approximately $675,000.

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

NYSEARCA:VTES traded up $0.06 during mid-day trading on Monday, hitting $101.33. The stock had a trading volume of 48,544 shares, compared to its average volume of 174,296. Vanguard Short-Term Tax-Exempt Bond ETF has a twelve month low of $100.61 and a twelve month high of $102.71. The company’s 50 day simple moving average is $101.12 and its 200 day simple moving average is $101.57.

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.