Bedel Financial Consulting Inc. Has $3.52 Million Stake in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Bedel Financial Consulting Inc. lowered its holdings in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 78.9% in the first quarter, Holdings Channel reports. The firm owned 34,807 shares of the company’s stock after selling 129,972 shares during the quarter. Bedel Financial Consulting Inc.’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $3,520,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Corient Private Wealth LLC increased its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 78.8% in the 2nd quarter. Corient Private Wealth LLC now owns 324,142 shares of the company’s stock valued at $32,716,000 after buying an additional 142,881 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 8.9% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,374,774 shares of the company’s stock worth $140,124,000 after buying an additional 111,927 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 37.6% during the 2nd quarter. Bank of America Corp DE now owns 220,608 shares of the company’s stock worth $22,266,000 after buying an additional 60,335 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 72.8% in the 3rd quarter. Raymond James Financial Inc. now owns 142,102 shares of the company’s stock valued at $14,484,000 after acquiring an additional 59,864 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 180.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 87,640 shares of the company’s stock valued at $8,902,000 after acquiring an additional 56,375 shares in the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

NYSEARCA:VTES opened at $101.12 on Monday. Vanguard Short-Term Tax-Exempt Bond ETF has a 52-week low of $100.61 and a 52-week high of $102.71. The stock’s 50-day simple moving average is $101.09 and its 200 day simple moving average is $101.54.

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.