Wescott Financial Advisory Group LLC Increases Stock Position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Wescott Financial Advisory Group LLC lifted its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 2.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 631,786 shares of the company’s stock after buying an additional 14,749 shares during the quarter. Vanguard Short-Term Tax-Exempt Bond ETF makes up 6.6% of Wescott Financial Advisory Group LLC’s holdings, making the stock its 3rd largest holding. Wescott Financial Advisory Group LLC owned 14.52% of Vanguard Short-Term Tax-Exempt Bond ETF worth $63,337,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of VTES. US Bancorp DE purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter valued at approximately $55,000. Harbour Investments Inc. grew its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 156.0% during the 4th quarter. Harbour Investments Inc. now owns 960 shares of the company’s stock valued at $96,000 after buying an additional 585 shares in the last quarter. McIlrath & Eck LLC bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the 3rd quarter worth approximately $128,000. C M Bidwell & Associates Ltd. purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter worth approximately $184,000. Finally, HighTower Advisors LLC purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter worth approximately $206,000.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

VTES stock opened at $100.71 on Friday. The firm has a fifty day moving average price of $100.66 and a 200 day moving average price of $100.71. Vanguard Short-Term Tax-Exempt Bond ETF has a fifty-two week low of $99.30 and a fifty-two week high of $101.48.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a $0.2289 dividend. The ex-dividend date was Tuesday, April 1st.

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.