Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Short Interest Down 53.9% in December

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 18,301 shares, a decrease of 53.9% from the November 30th total of 39,719 shares. Based on an average daily trading volume, of 106,333 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 106,333 shares, the short-interest ratio is currently 0.2 days.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

Vanguard Short-Term Tax-Exempt Bond ETF stock traded down $0.01 during midday trading on Friday, reaching $101.45. 98,001 shares of the stock were exchanged, compared to its average volume of 94,926. Vanguard Short-Term Tax-Exempt Bond ETF has a 52 week low of $98.50 and a 52 week high of $102.39. The company’s fifty day moving average is $101.53 and its 200-day moving average is $101.46.

Institutional Investors Weigh In On Vanguard Short-Term Tax-Exempt Bond ETF

Institutional investors have recently made changes to their positions in the business. Laurel Wealth Advisors LLC increased its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 10,377.7% in the second quarter. Laurel Wealth Advisors LLC now owns 1,385,053 shares of the company’s stock worth $139,793,000 after buying an additional 1,371,834 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 8.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,374,774 shares of the company’s stock worth $140,124,000 after purchasing an additional 111,927 shares during the period. Corient Private Wealth LLC lifted its position in Vanguard Short-Term Tax-Exempt Bond ETF by 78.8% in the second quarter. Corient Private Wealth LLC now owns 324,142 shares of the company’s stock valued at $32,716,000 after purchasing an additional 142,881 shares during the last quarter. Gleason Group Inc. boosted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 544.5% during the second quarter. Gleason Group Inc. now owns 305,954 shares of the company’s stock valued at $30,880,000 after purchasing an additional 258,486 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 17.8% during the third quarter. Bank of America Corp DE now owns 259,963 shares of the company’s stock valued at $26,497,000 after purchasing an additional 39,355 shares during the period.

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.