Clearstead Advisors LLC Has $2.46 Million Stock Position in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Clearstead Advisors LLC boosted its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 39.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 24,180 shares of the company’s stock after buying an additional 6,879 shares during the period. Clearstead Advisors LLC’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $2,456,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of VTES. Rossby Financial LCC acquired a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter valued at $33,000. American National Bank & Trust raised its position in Vanguard Short-Term Tax-Exempt Bond ETF by 117.0% during the fourth quarter. American National Bank & Trust now owns 651 shares of the company’s stock valued at $66,000 after buying an additional 351 shares during the period. Portland Financial Advisors Inc acquired a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter valued at $205,000. SeaCrest Wealth Management LLC acquired a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter valued at $219,000. Finally, MB Generational Wealth LLC acquired a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter valued at $224,000.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTES opened at $101.03 on Wednesday. Vanguard Short-Term Tax-Exempt Bond ETF has a 1-year low of $100.15 and a 1-year high of $102.71. The business’s fifty day moving average price is $101.16 and its 200 day moving average price is $101.62.

Vanguard Short-Term Tax-Exempt Bond ETF Company 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.