Firestone Capital Management Sells 7,563 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Firestone Capital Management cut its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 12.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 51,071 shares of the company’s stock after selling 7,563 shares during the quarter. Vanguard Short-Term Tax-Exempt Bond ETF makes up about 1.0% of Firestone Capital Management’s holdings, making the stock its 23rd biggest position. Firestone Capital Management owned approximately 0.25% of Vanguard Short-Term Tax-Exempt Bond ETF worth $5,174,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTES. Savant Capital LLC boosted its position in Vanguard Short-Term Tax-Exempt Bond ETF by 12.5% in the fourth quarter. Savant Capital LLC now owns 106,331 shares of the company’s stock worth $10,801,000 after purchasing an additional 11,852 shares during the last quarter. Truist Financial Corp increased its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 86.1% during the 4th quarter. Truist Financial Corp now owns 81,233 shares of the company’s stock valued at $8,251,000 after purchasing an additional 37,594 shares during the last quarter. Rothschild Wealth LLC bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter worth $950,000. McNaughton Wealth Management LLC raised its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 171.8% during the 2nd quarter. McNaughton Wealth Management LLC now owns 13,472 shares of the company’s stock worth $1,365,000 after purchasing an additional 8,516 shares during the period. Finally, Eclectic Associates Inc. ADV raised its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 25.5% during the 4th quarter. Eclectic Associates Inc. ADV now owns 48,974 shares of the company’s stock worth $4,975,000 after purchasing an additional 9,951 shares during the period.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTES opened at $100.36 on Wednesday. Vanguard Short-Term Tax-Exempt Bond ETF has a fifty-two week low of $100.29 and a fifty-two week high of $102.71. The company’s 50-day moving average is $100.88 and its 200 day moving average is $101.23.

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.