Vanguard Short-Term Tax-Exempt Bond ETF (VTES) to Issue Monthly Dividend of $0.24 on March 4th

Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) announced a monthly dividend on Thursday, January 8th. Shareholders of record on Monday, March 2nd will be given a dividend of 0.2362 per share on Wednesday, March 4th. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date is Monday, March 2nd. This is a 5.1% increase from Vanguard Short-Term Tax-Exempt Bond ETF’s previous monthly dividend of $0.22.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA:VTES traded up $0.02 on Friday, hitting $102.65. 256,120 shares of the company were exchanged, compared to its average volume of 174,157. The company’s 50 day moving average price is $102.10 and its two-hundred day moving average price is $101.82. Vanguard Short-Term Tax-Exempt Bond ETF has a one year low of $98.50 and a one year high of $102.71.

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. VTES was launched on Feb 22, 2023 and is managed by Vanguard.