Gleason Group Inc. Sells 20,925 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Gleason Group Inc. lessened its holdings in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 6.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 283,444 shares of the company’s stock after selling 20,925 shares during the period. Vanguard Short-Term Tax-Exempt Bond ETF accounts for 2.8% of Gleason Group Inc.’s holdings, making the stock its 9th biggest position. Gleason Group Inc.’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $28,791,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VTES. Congress Park Capital LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth $508,000. Allodium Investment Consultants LLC raised its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 19.9% in the fourth quarter. Allodium Investment Consultants LLC now owns 19,036 shares of the company’s stock valued at $1,934,000 after purchasing an additional 3,159 shares during the period. Dakota Wealth Management lifted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 26.1% during the 4th quarter. Dakota Wealth Management now owns 44,079 shares of the company’s stock worth $4,477,000 after buying an additional 9,129 shares during the last quarter. SeaCrest Wealth Management LLC acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter worth about $219,000. Finally, CVA Family Office LLC boosted its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 6.1% during the 4th quarter. CVA Family Office LLC now owns 3,715 shares of the company’s stock worth $377,000 after buying an additional 212 shares during the period.

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

Shares of VTES opened at $101.03 on Tuesday. Vanguard Short-Term Tax-Exempt Bond ETF has a 52 week low of $98.50 and a 52 week high of $102.71. The firm’s 50-day simple moving average is $102.03 and its 200 day simple moving average is $101.81.

Vanguard Short-Term Tax-Exempt Bond ETF Increases Dividend

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

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.