Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) Short Interest Down 55.0% in May

Vanguard New York Tax-Exempt Bond ETF (BATS:MUNY) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 26,681 shares, a decline of 55.0% from the April 30th total of 59,317 shares. Currently, 5.9% of the shares of the company are short sold. Based on an average trading volume of 54,233 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Vanguard New York Tax-Exempt Bond ETF

A number of large investors have recently made changes to their positions in MUNY. Bridgewater Advisors Inc. raised its stake in Vanguard New York Tax-Exempt Bond ETF by 43.5% during the 1st quarter. Bridgewater Advisors Inc. now owns 265,762 shares of the company’s stock worth $27,360,000 after buying an additional 80,586 shares during the period. Francis Financial Inc. lifted its holdings in shares of Vanguard New York Tax-Exempt Bond ETF by 2.2% during the 4th quarter. Francis Financial Inc. now owns 131,987 shares of the company’s stock valued at $13,625,000 after purchasing an additional 2,821 shares in the last quarter. WNY Asset Management LLC acquired a new position in shares of Vanguard New York Tax-Exempt Bond ETF in the 1st quarter valued at approximately $8,134,000. Ieq Capital LLC bought a new stake in Vanguard New York Tax-Exempt Bond ETF during the 4th quarter worth approximately $6,842,000. Finally, Jane Street Group LLC bought a new position in Vanguard New York Tax-Exempt Bond ETF in the second quarter valued at approximately $5,056,000.

Vanguard New York Tax-Exempt Bond ETF Price Performance

BATS:MUNY traded down $0.13 during mid-day trading on Tuesday, hitting $103.25. 55,888 shares of the company’s stock traded hands, compared to its average volume of 57,416. Vanguard New York Tax-Exempt Bond ETF has a 12 month low of $99.45 and a 12 month high of $105.51. The firm has a 50 day moving average of $102.88 and a two-hundred day moving average of $103.38.

About Vanguard New York Tax-Exempt Bond ETF

Vanguard New York Tax-Free Funds – Vanguard New York Tax-Exempt Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc The fund invests in fixed income markets of the United States. It invests in U.S. dollar denominated tax exempt investment-grade municipal bonds issued by state or local governments or agencies that are rated BBB- or above by S&P or Fitch or Baa3 or above by Moody’s with a maturity that is greater than or equal to one calendar month. The fund seeks to track the performance of the S&P New York AMT-Free Municipal USD10 Million Par Bond Index, by using representative sampling methodology.