Short Interest in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Increases By 166.5%

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 165,352 shares, a growth of 166.5% from the February 12th total of 62,050 shares. Based on an average daily volume of 161,071 shares, the short-interest ratio is currently 1.0 days. Approximately 1.0% of the shares of the stock are sold short. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily volume of 161,071 shares, the short-interest ratio is currently 1.0 days.

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

VTES stock traded down $0.13 during mid-day trading on Thursday, hitting $101.69. 354,418 shares of the stock were exchanged, compared to its average volume of 177,938. The business has a fifty day moving average price of $102.17 and a 200 day moving average price of $101.84. Vanguard Short-Term Tax-Exempt Bond ETF has a 12 month low of $98.50 and a 12 month high of $102.71.

Vanguard Short-Term Tax-Exempt Bond ETF Increases Dividend

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

Institutional Trading of Vanguard Short-Term Tax-Exempt Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Nepc LLC purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth approximately $30,000. Rossby Financial LCC purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 3rd quarter valued at $33,000. Birchwood Financial Partners Inc. bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter valued at $36,000. Gould Capital LLC bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter valued at $51,000. Finally, American National Bank & Trust raised its position in Vanguard Short-Term Tax-Exempt Bond ETF by 117.0% in the 4th quarter. American National Bank & Trust now owns 651 shares of the company’s stock worth $66,000 after purchasing an additional 351 shares during the period.

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.