Topsail Wealth Management LLC Takes Position in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Topsail Wealth Management LLC purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 51,100 shares of the company’s stock, valued at approximately $5,158,000. Vanguard Short-Term Tax-Exempt Bond ETF accounts for 0.9% of Topsail Wealth Management LLC’s investment portfolio, making the stock its 16th biggest position. Topsail Wealth Management LLC owned about 0.45% of Vanguard Short-Term Tax-Exempt Bond ETF at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in VTES. Maia Wealth LLC raised its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 3.9% during the 1st quarter. Maia Wealth LLC now owns 3,029 shares of the company’s stock worth $302,000 after buying an additional 113 shares during the period. Physician Wealth Advisors Inc. raised its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 82.7% during the 2nd quarter. Physician Wealth Advisors Inc. now owns 360 shares of the company’s stock worth $36,000 after buying an additional 163 shares during the period. Harbour Investments Inc. raised its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 25.0% during the 1st quarter. Harbour Investments Inc. now owns 1,200 shares of the company’s stock worth $121,000 after buying an additional 240 shares during the period. Avidian Wealth Enterprises LLC raised its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 7.4% during the 2nd quarter. Avidian Wealth Enterprises LLC now owns 3,592 shares of the company’s stock worth $363,000 after buying an additional 248 shares during the period. Finally, McIlrath & Eck LLC raised its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 8.2% during the 1st quarter. McIlrath & Eck LLC now owns 3,650 shares of the company’s stock worth $367,000 after buying an additional 276 shares during the period.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Short-Term Tax-Exempt Bond ETF stock opened at $101.62 on Friday. Vanguard Short-Term Tax-Exempt Bond ETF has a 12 month low of $98.50 and a 12 month high of $102.39. The stock’s fifty day simple moving average is $101.81 and its 200 day simple moving average is $100.97.

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.