Mayport LLC Has $4.20 Million Position in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Mayport LLC boosted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 35.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 41,337 shares of the company’s stock after buying an additional 10,868 shares during the quarter. Vanguard Short-Term Tax-Exempt Bond ETF comprises approximately 0.8% of Mayport LLC’s investment portfolio, making the stock its 19th largest holding. Mayport LLC’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $4,199,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VTES. TIAA Trust National Association acquired a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter worth about $25,478,000. Karpus Management Inc. lifted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 1,057.6% during the 2nd quarter. Karpus Management Inc. now owns 232,100 shares of the company’s stock worth $23,426,000 after buying an additional 212,050 shares during the period. Corient Private Wealth LLC lifted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 78.8% during the 2nd quarter. Corient Private Wealth LLC now owns 324,142 shares of the company’s stock worth $32,716,000 after buying an additional 142,881 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 8.9% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,374,774 shares of the company’s stock worth $140,124,000 after buying an additional 111,927 shares during the period. Finally, Bank of America Corp DE lifted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 37.6% during the 2nd quarter. Bank of America Corp DE now owns 220,608 shares of the company’s stock worth $22,266,000 after buying an additional 60,335 shares during the period.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Up 0.0%

Shares of VTES opened at $101.13 on Wednesday. Vanguard Short-Term Tax-Exempt Bond ETF has a 12 month low of $98.50 and a 12 month high of $102.71. The stock’s 50-day moving average price is $101.91 and its two-hundred day moving average price is $101.76.

Vanguard Short-Term Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.2362 dividend. The ex-dividend date of this dividend was 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.