Sterling Financial Planning Inc. Raises Stock Position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Sterling Financial Planning Inc. boosted its holdings in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 332.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 17,464 shares of the company’s stock after purchasing an additional 13,429 shares during the quarter. Sterling Financial Planning Inc.’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $1,771,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Cambridge Trust Co. purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter valued at about $89,000. Avior Wealth Management LLC bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter valued at about $51,000. Diversified Portfolios Inc. bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter valued at about $2,069,000. Waldron Private Wealth LLC bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter valued at about $722,000. Finally, Kades & Cheifetz LLC bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter valued at about $1,979,000.

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

Shares of NYSEARCA:VTES traded down $0.08 during trading on Thursday, reaching $100.05. The company’s stock had a trading volume of 113,620 shares, compared to its average volume of 34,244. Vanguard Short-Term Tax-Exempt Bond ETF has a 12 month low of $98.00 and a 12 month high of $101.62. The firm’s 50 day simple moving average is $100.68 and its two-hundred day simple moving average is $100.34.

About Vanguard Short-Term Tax-Exempt Bond ETF

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.