Allodium Investment Consultants LLC Takes Position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Allodium Investment Consultants LLC acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the fourth quarter, Holdings Channel.com reports. The firm acquired 8,065 shares of the company’s stock, valued at approximately $809,000. Vanguard Short-Term Tax-Exempt Bond ETF comprises about 0.7% of Allodium Investment Consultants LLC’s portfolio, making the stock its 28th biggest position.

Other hedge funds have also bought and sold shares of the company. Carmichael Hill & Associates Inc. bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter valued at $30,000. Eastern Bank bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter valued at about $92,000. McIlrath & Eck LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter valued at about $128,000. JFS Wealth Advisors LLC bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter valued at approximately $203,000. Finally, Essex Savings Bank bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter valued at approximately $253,000.

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

VTES opened at $100.84 on Friday. The stock’s 50 day moving average price is $100.46 and its 200-day moving average price is $100.79. Vanguard Short-Term Tax-Exempt Bond ETF has a one year low of $99.29 and a one year high of $101.48.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

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

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.