Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) Sees Large Increase in Short Interest

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 58,361 shares, an increase of 218.9% from the December 15th total of 18,301 shares. Based on an average daily trading volume, of 142,899 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 142,899 shares, the short-interest ratio is currently 0.4 days.

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

Vanguard Short-Term Tax-Exempt Bond ETF stock traded down $0.03 during trading hours on Tuesday, reaching $101.96. 105,267 shares of the stock were exchanged, compared to its average volume of 153,011. Vanguard Short-Term Tax-Exempt Bond ETF has a 52-week low of $98.50 and a 52-week high of $102.39. The firm’s 50 day moving average is $101.55 and its 200 day moving average is $101.55.

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

Institutional investors have recently added to or reduced their stakes in the business. SeaCrest Wealth Management LLC purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter worth approximately $219,000. CVA Family Office LLC grew its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 6.1% during the fourth quarter. CVA Family Office LLC now owns 3,715 shares of the company’s stock worth $377,000 after acquiring an additional 212 shares during the period. McNaughton Wealth Management LLC purchased a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the fourth quarter worth $289,000. Daymark Wealth Partners LLC lifted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 43.0% in the fourth quarter. Daymark Wealth Partners LLC now owns 19,259 shares of the company’s stock valued at $1,956,000 after acquiring an additional 5,792 shares during the period. Finally, First Heartland Consultants Inc. boosted its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 3.4% during the 4th quarter. First Heartland Consultants Inc. now owns 5,569 shares of the company’s stock worth $566,000 after purchasing an additional 183 shares in the last quarter.

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.