Jacobson & Schmitt Advisors LLC Purchases New Position in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Jacobson & Schmitt Advisors LLC purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 6,807 shares of the company’s stock, valued at approximately $687,000.

Several other institutional investors have also modified their holdings of VTES. 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 acquiring an additional 163 shares in the last quarter. Eastern Bank acquired a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the second quarter valued at $50,000. Graney & King LLC purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the first quarter worth about $56,000. Hanson & Doremus Investment Management acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the second quarter worth about $83,000. Finally, Harbour Investments Inc. increased its position in shares of 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 purchasing an additional 240 shares in the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Vanguard Short-Term Tax-Exempt Bond ETF stock opened at $101.45 on Wednesday. Vanguard Short-Term Tax-Exempt Bond ETF has a fifty-two week low of $98.50 and a fifty-two week high of $102.39. The stock has a 50-day simple moving average of $101.80 and a 200-day simple moving average of $101.09.

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.