Diversified Portfolios Inc. Sells 4,292 Shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Diversified Portfolios Inc. cut its stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 14.4% in the fourth quarter, HoldingsChannel reports. The fund owned 25,436 shares of the company’s stock after selling 4,292 shares during the period. Diversified Portfolios Inc.’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $2,550,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in Vanguard Short-Term Tax-Exempt Bond ETF by 11.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 41,195 shares of the company’s stock worth $4,178,000 after purchasing an additional 4,274 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 27.9% in the 2nd quarter. Cetera Investment Advisers now owns 16,252 shares of the company’s stock valued at $1,626,000 after buying an additional 3,545 shares during the period. Atria Investments Inc raised its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 90.8% during the third quarter. Atria Investments Inc now owns 4,601 shares of the company’s stock worth $467,000 after acquiring an additional 2,189 shares during the last quarter. Capital Investment Services of America Inc. lifted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 3.9% during the third quarter. Capital Investment Services of America Inc. now owns 96,170 shares of the company’s stock valued at $9,754,000 after acquiring an additional 3,600 shares during the period. Finally, Gleason Group Inc. bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the fourth quarter valued at about $917,000.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTES opened at $100.70 on Wednesday. Vanguard Short-Term Tax-Exempt Bond ETF has a 1-year low of $99.29 and a 1-year high of $101.48. The business has a 50-day moving average price of $100.49 and a two-hundred day moving average price of $100.79.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid 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.