Avidian Wealth Enterprises LLC Makes New Investment in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Avidian Wealth Enterprises LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,847 shares of the company’s stock, valued at approximately $285,000.

A number of other institutional investors have also recently added to or reduced their stakes in VTES. Carmichael Hill & Associates Inc. acquired a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the third quarter worth approximately $30,000. Annapolis Financial Services LLC lifted its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 31.7% during the 3rd quarter. Annapolis Financial Services LLC now owns 557 shares of the company’s stock valued at $56,000 after acquiring an additional 134 shares during the last quarter. Eastern Bank acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter valued at $92,000. McIlrath & Eck LLC acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter valued at $128,000. Finally, JFS Wealth Advisors LLC acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter valued at $203,000.

Vanguard Short-Term Tax-Exempt Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:VTES opened at $100.60 on Friday. Vanguard Short-Term Tax-Exempt Bond ETF has a one year low of $99.29 and a one year high of $101.48. The stock has a fifty day moving average of $100.49 and a 200-day moving average of $100.79.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2289 per share. The ex-dividend date was Monday, February 3rd.

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.