GenTrust LLC Raises Stock Position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

GenTrust LLC raised its stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 2.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,385 shares of the company’s stock after buying an additional 864 shares during the period. GenTrust LLC’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $4,149,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Carmichael Hill & Associates Inc. purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter worth approximately $30,000. McIlrath & Eck LLC purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter worth approximately $128,000. JFS Wealth Advisors LLC purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter worth approximately $203,000. Essex Savings Bank purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 3rd quarter worth approximately $253,000. Finally, Allworth Financial LP purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter worth approximately $270,000.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of VTES opened at $101.13 on Thursday. The firm has a 50 day simple moving average of $100.48 and a 200-day simple moving average of $100.80. Vanguard Short-Term Tax-Exempt Bond ETF has a 1-year low of $99.29 and a 1-year high of $101.48.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2289 per share. The ex-dividend date was Monday, February 3rd.

Vanguard Short-Term Tax-Exempt Bond ETF Company 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.