Watchman Group Inc. Acquires 130 Shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Watchman Group Inc. lifted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 2.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,011 shares of the company’s stock after acquiring an additional 130 shares during the period. Watchman Group Inc. owned 0.12% of Vanguard Short-Term Tax-Exempt Bond ETF worth $502,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Truist Financial Corp bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter worth $322,000. JPMorgan Chase & Co. raised its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 11.6% during the third quarter. JPMorgan Chase & Co. now owns 41,195 shares of the company’s stock worth $4,178,000 after buying an additional 4,274 shares during the last quarter. US Bancorp DE bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the fourth quarter valued at $55,000. Commonwealth Equity Services LLC grew its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 46.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 18,759 shares of the company’s stock valued at $1,881,000 after buying an additional 5,927 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth about $5,719,000.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

VTES opened at $100.32 on Friday. Vanguard Short-Term Tax-Exempt Bond ETF has a fifty-two week low of $99.30 and a fifty-two week high of $101.48. The company’s 50-day moving average is $100.65 and its 200 day moving average is $100.73.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.2289 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.