Diversified Portfolios Inc. Trims Stock Position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Diversified Portfolios Inc. trimmed its stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 2.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,728 shares of the company’s stock after selling 812 shares during the period. Diversified Portfolios Inc.’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $3,015,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. HBK Sorce Advisory LLC boosted its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 6.0% during the first quarter. HBK Sorce Advisory LLC now owns 4,539 shares of the company’s stock valued at $457,000 after purchasing an additional 255 shares in the last quarter. Stonebridge Capital Advisors LLC bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 1st quarter valued at $3,800,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 2nd quarter worth about $812,000. Evanson Asset Management LLC lifted its position in Vanguard Short-Term Tax-Exempt Bond ETF by 1.9% during the 2nd quarter. Evanson Asset Management LLC now owns 25,558 shares of the company’s stock valued at $2,558,000 after acquiring an additional 467 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 12.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 79,410 shares of the company’s stock worth $7,947,000 after acquiring an additional 8,879 shares in the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTES traded up $0.09 on Thursday, reaching $100.69. 16,963 shares of the company’s stock traded hands, compared to its average volume of 31,102. The business’s 50 day simple moving average is $101.00 and its two-hundred day simple moving average is $100.53. Vanguard Short-Term Tax-Exempt Bond ETF has a 12 month low of $99.29 and a 12 month high of $101.62.

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.