Laurel Wealth Advisors LLC Has $1.48 Million Stake in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Laurel Wealth Advisors LLC decreased its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 99.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 14,477 shares of the company’s stock after selling 1,370,576 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $1,476,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in VTES. NewEdge Advisors LLC increased its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 124.5% during the first quarter. NewEdge Advisors LLC now owns 5,935 shares of the company’s stock valued at $597,000 after acquiring an additional 3,291 shares during the period. Jane Street Group LLC bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 1st quarter worth approximately $3,991,000. Focus Partners Wealth acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 1st quarter worth approximately $611,000. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 26.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 65,350 shares of the company’s stock worth $6,596,000 after purchasing an additional 13,567 shares in the last quarter. Finally, Atria Investments Inc increased its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 12.6% during the second quarter. Atria Investments Inc now owns 24,929 shares of the company’s stock valued at $2,516,000 after purchasing an additional 2,786 shares during the period.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTES opened at $102.65 on Monday. Vanguard Short-Term Tax-Exempt Bond ETF has a one year low of $98.50 and a one year high of $102.71. The business has a fifty day simple moving average of $102.10 and a 200 day simple moving average of $101.82.

Vanguard Short-Term Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be paid a $0.2362 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. This is a positive change from Vanguard Short-Term Tax-Exempt Bond ETF’s previous monthly dividend of $0.22.

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.