Vanguard Short Duration Tax-Exempt Bond ETF $VSDM Shares Newly Purchased by Sageworth Trust Co

Sageworth Trust Co acquired a new stake in Vanguard Short Duration Tax-Exempt Bond ETF (BATS:VSDM) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 256,500 shares of the company’s stock, valued at approximately $19,078,000. Vanguard Short Duration Tax-Exempt Bond ETF accounts for about 0.7% of Sageworth Trust Co’s portfolio, making the stock its 17th largest position. Sageworth Trust Co owned about 0.14% of Vanguard Short Duration Tax-Exempt Bond ETF at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in VSDM. Keystone Financial Group Inc. raised its stake in shares of Vanguard Short Duration Tax-Exempt Bond ETF by 4.7% during the third quarter. Keystone Financial Group Inc. now owns 148,889 shares of the company’s stock valued at $11,074,000 after acquiring an additional 6,693 shares during the last quarter. IRON Financial LLC bought a new stake in shares of Vanguard Short Duration Tax-Exempt Bond ETF in the third quarter worth about $4,949,000. MBM Wealth Consultants LLC grew its stake in shares of Vanguard Short Duration Tax-Exempt Bond ETF by 62.2% in the third quarter. MBM Wealth Consultants LLC now owns 44,744 shares of the company’s stock worth $3,328,000 after purchasing an additional 17,150 shares during the last quarter. Stonebridge Financial Group LLC raised its position in Vanguard Short Duration Tax-Exempt Bond ETF by 25.9% during the 3rd quarter. Stonebridge Financial Group LLC now owns 29,853 shares of the company’s stock valued at $2,220,000 after purchasing an additional 6,137 shares during the last quarter. Finally, Aprio Wealth Management LLC lifted its holdings in Vanguard Short Duration Tax-Exempt Bond ETF by 4.7% in the 3rd quarter. Aprio Wealth Management LLC now owns 29,285 shares of the company’s stock worth $2,178,000 after buying an additional 1,315 shares during the period.

Vanguard Short Duration Tax-Exempt Bond ETF Stock Up 0.2%

Shares of VSDM opened at $75.87 on Thursday. Vanguard Short Duration Tax-Exempt Bond ETF has a 1-year low of $73.94 and a 1-year high of $77.64. The firm’s 50-day moving average price is $75.20 and its 200-day moving average price is $76.20.

About Vanguard Short Duration Tax-Exempt Bond ETF

The Vanguard Short Duration Tax-Exempt Bond ETF (VSDM) is an exchange-traded fund that mostly invests in broad credit fixed income. VSDM.L is an actively managed portfolio of USD-denominated tax-exempt municipal bonds with an average duration of 1.5 to 5 years. The fund may hold up to 20% in below investment-grade bonds. VSDM was launched on Nov 19, 2024 and is issued by Vanguard.