Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Sets New 52-Week High – Should You Buy?
by Tristan Rich · The Markets DailyVanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $102.56 and last traded at $102.54, with a volume of 116598 shares. The stock had previously closed at $102.45.
Vanguard Short-Term Tax-Exempt Bond ETF Stock Up 0.1%
The company has a fifty day simple moving average of $101.99 and a two-hundred day simple moving average of $101.79.
Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend
The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.2247 dividend. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Monday, February 2nd.
Hedge Funds Weigh In On Vanguard Short-Term Tax-Exempt Bond ETF
Hedge funds have recently bought and sold shares of the company. Nepc LLC bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter worth approximately $30,000. Rossby Financial LCC acquired a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter valued at approximately $33,000. Birchwood Financial Partners Inc. bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth $36,000. Gould Capital LLC acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter valued at $51,000. Finally, American National Bank & Trust increased its stake in shares of 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 valued at $66,000 after purchasing an additional 351 shares during the last quarter.
About Vanguard Short-Term Tax-Exempt Bond ETF
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.