Stone Loft Wealth Management LLC Makes New Investment in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Stone Loft Wealth Management LLC purchased a new position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) in the first quarter, HoldingsChannel reports. The institutional investor purchased 8,500 shares of the company’s stock, valued at approximately $860,000. Vanguard Short-Term Tax-Exempt Bond ETF makes up about 0.6% of Stone Loft Wealth Management LLC’s holdings, making the stock its 20th largest position.

Several other institutional investors and hedge funds have also made changes to their positions in VTES. Wescott Financial Advisory Group LLC increased its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 5.1% in the 4th quarter. Wescott Financial Advisory Group LLC now owns 668,567 shares of the company’s stock valued at $67,910,000 after acquiring an additional 32,412 shares during the period. Corient Private Wealth LLC grew its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 78.8% during the 2nd 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. TIAA Trust National Association increased its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 12.5% in the fourth quarter. TIAA Trust National Association now owns 281,168 shares of the company’s stock valued at $28,560,000 after purchasing an additional 31,200 shares during the period. Bank of America Corp DE raised its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 17.8% in the third quarter. Bank of America Corp DE now owns 259,963 shares of the company’s stock worth $26,497,000 after purchasing an additional 39,355 shares during the last quarter. Finally, Seeds Investor LLC lifted its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 3.8% during the fourth quarter. Seeds Investor LLC now owns 189,558 shares of the company’s stock worth $19,254,000 after purchasing an additional 6,858 shares during the period.

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

Shares of NYSEARCA VTES opened at $100.91 on Tuesday. The business’s 50 day moving average price is $101.07 and its 200 day moving average price is $101.52. Vanguard Short-Term Tax-Exempt Bond ETF has a 52 week low of $100.61 and a 52 week high of $102.71.

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.