Rehmann Capital Advisory Group Makes New Investment in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Rehmann Capital Advisory Group acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 5,238 shares of the company’s stock, valued at approximately $532,000.

Other institutional investors have also recently made changes to their positions in the company. TIAA Trust National Association bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the third quarter worth about $25,478,000. Corient Private Wealth LLC boosted its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 78.8% during the second 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. Bedel Financial Consulting Inc. grew its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 628.7% during the 4th quarter. Bedel Financial Consulting Inc. now owns 164,779 shares of the company’s stock valued at $16,737,000 after buying an additional 142,165 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in 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 valued at $140,124,000 after buying an additional 111,927 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 37.6% in the 2nd quarter. Bank of America Corp DE now owns 220,608 shares of the company’s stock worth $22,266,000 after acquiring an additional 60,335 shares during the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of VTES opened at $101.21 on Monday. Vanguard Short-Term Tax-Exempt Bond ETF has a 1 year low of $100.61 and a 1 year high of $102.71. The business’s 50 day simple moving average is $101.13 and its 200-day simple moving average is $101.57.

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.