Essex Bank Purchases 5,525 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Essex Bank raised its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 221.9% during the first quarter, according to its most recent filing with the SEC. The firm owned 8,015 shares of the company’s stock after purchasing an additional 5,525 shares during the period. Essex Bank’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $811,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of VTES. Nepc LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the fourth quarter worth approximately $30,000. AdvisorNet Financial Inc bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the 1st quarter valued at $30,000. Rossby Financial LCC purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 3rd quarter valued at $33,000. Birchwood Financial Partners Inc. bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter worth $36,000. Finally, Gould Capital LLC bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter worth $51,000.

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

VTES opened at $101.20 on Tuesday. The business’s 50-day moving average is $101.13 and its two-hundred day moving average is $101.57. Vanguard Short-Term Tax-Exempt Bond ETF has a 1 year low of $100.61 and a 1 year high of $102.71.

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.