Vanguard Short Duration Tax-Exempt Bond ETF $VSDM Position Increased by MBM Wealth Consultants LLC

MBM Wealth Consultants LLC lifted its position in Vanguard Short Duration Tax-Exempt Bond ETF (BATS:VSDM) by 62.2% during the third quarter, Holdings Channel reports. The institutional investor owned 44,744 shares of the company’s stock after buying an additional 17,150 shares during the quarter. Vanguard Short Duration Tax-Exempt Bond ETF comprises approximately 0.6% of MBM Wealth Consultants LLC’s investment portfolio, making the stock its 27th largest holding. MBM Wealth Consultants LLC’s holdings in Vanguard Short Duration Tax-Exempt Bond ETF were worth $3,328,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Integrated Wealth Concepts LLC increased its position in Vanguard Short Duration Tax-Exempt Bond ETF by 83.8% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 16,016 shares of the company’s stock valued at $1,227,000 after buying an additional 7,301 shares in the last quarter. PFW Advisors LLC acquired a new position in Vanguard Short Duration Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $860,000. Vestment Financial LLC acquired a new position in Vanguard Short Duration Tax-Exempt Bond ETF during the 3rd quarter valued at approximately $644,000. Baker Ellis Asset Management LLC purchased a new position in shares of Vanguard Short Duration Tax-Exempt Bond ETF in the third quarter worth $1,235,000. Finally, Keystone Financial Group Inc. lifted its stake in shares of Vanguard Short Duration Tax-Exempt Bond ETF by 4.7% during the third quarter. Keystone Financial Group Inc. now owns 148,889 shares of the company’s stock worth $11,074,000 after buying an additional 6,693 shares during the period.

Vanguard Short Duration Tax-Exempt Bond ETF Price Performance

Shares of VSDM traded down $0.01 during trading hours on Tuesday, reaching $75.06. 149,982 shares of the company traded hands, compared to its average volume of 164,078. The business has a fifty day moving average price of $75.35 and a 200-day moving average price of $76.00. Vanguard Short Duration Tax-Exempt Bond ETF has a 12-month low of $73.94 and a 12-month high of $77.64.

Vanguard Short Duration Tax-Exempt Bond ETF Company Profile

The Vanguard Short Duration Tax-Exempt Bond ETF (VSDM) is an exchange-traded fund that mostly invests in broad credit fixed income. VSDM.L is an actively managed portfolio of USD-denominated tax-exempt municipal bonds with an average duration of 1.5 to 5 years. The fund may hold up to 20% in below investment-grade bonds. VSDM was launched on Nov 19, 2024 and is issued by Vanguard.