Eastern Bank Makes New $50,000 Investment in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Eastern Bank acquired a new position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 500 shares of the company’s stock, valued at approximately $50,000.

Other large investors also recently bought and sold shares of the company. Physician Wealth Advisors Inc. increased its position in Vanguard Short-Term Tax-Exempt Bond ETF by 82.7% in the second quarter. Physician Wealth Advisors Inc. now owns 360 shares of the company’s stock worth $36,000 after purchasing an additional 163 shares during the last quarter. Garde Capital Inc. bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 1st quarter worth about $41,000. Graney & King LLC bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 1st quarter worth about $56,000. Hanson & Doremus Investment Management bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 2nd quarter worth about $83,000. Finally, Harbour Investments Inc. increased its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 25.0% during the first quarter. Harbour Investments Inc. now owns 1,200 shares of the company’s stock worth $121,000 after acquiring an additional 240 shares during the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA VTES opened at $101.70 on Monday. The business’s 50 day moving average is $101.77 and its two-hundred day moving average is $100.88. Vanguard Short-Term Tax-Exempt Bond ETF has a 1-year low of $98.50 and a 1-year high of $102.39.

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.