Laurel Wealth Advisors LLC Acquires 1,502 Shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Laurel Wealth Advisors LLC raised its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 12.8% in the first quarter, HoldingsChannel reports. The institutional investor owned 13,219 shares of the company’s stock after acquiring an additional 1,502 shares during the period. Laurel Wealth Advisors LLC’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $1,329,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Truist Financial Corp bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth $322,000. HighTower Advisors LLC purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter worth $206,000. US Bancorp DE bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter valued at about $55,000. Harbour Investments Inc. grew its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 156.0% during the fourth quarter. Harbour Investments Inc. now owns 960 shares of the company’s stock valued at $96,000 after purchasing an additional 585 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter valued at about $5,719,000.

Vanguard Short-Term Tax-Exempt Bond ETF Trading Up 0.0%

NYSEARCA:VTES opened at $100.44 on Wednesday. The business’s 50-day moving average is $99.98 and its 200 day moving average is $100.38. Vanguard Short-Term Tax-Exempt Bond ETF has a 12 month low of $98.50 and a 12 month high of $101.48.

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.