Concurrent Investment Advisors LLC Acquires 5,274 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Concurrent Investment Advisors LLC increased its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 193.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 8,000 shares of the company’s stock after acquiring an additional 5,274 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $815,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of VTES. Physician Wealth Advisors Inc. lifted its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 82.7% during the second quarter. Physician Wealth Advisors Inc. now owns 360 shares of the company’s stock valued at $36,000 after purchasing an additional 163 shares in the last quarter. Eastern Bank bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 2nd quarter worth approximately $50,000. Global Retirement Partners LLC boosted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 691.1% in the 3rd quarter. Global Retirement Partners LLC now owns 799 shares of the company’s stock worth $81,000 after buying an additional 698 shares during the last quarter. Hanson & Doremus Investment Management bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the second quarter valued at approximately $83,000. Finally, Harbour Investments Inc. increased its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 40.7% during the second quarter. Harbour Investments Inc. now owns 1,688 shares of the company’s stock valued at $170,000 after acquiring an additional 488 shares during the last quarter.

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

Shares of Vanguard Short-Term Tax-Exempt Bond ETF stock opened at $102.10 on Friday. Vanguard Short-Term Tax-Exempt Bond ETF has a 1 year low of $98.50 and a 1 year high of $102.39. The stock has a fifty day moving average price of $101.60 and a 200-day moving average price of $101.58.

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.