Sunesis Advisors LLC Takes $1.09 Million Position in Vanguard Short-Term Tax-Exempt Bond ETF $VTES

Sunesis Advisors LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the third quarter, HoldingsChannel reports. The fund bought 10,674 shares of the company’s stock, valued at approximately $1,088,000. Vanguard Short-Term Tax-Exempt Bond ETF accounts for 0.5% of Sunesis Advisors LLC’s investment portfolio, making the stock its 24th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Eastern Bank purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 2nd quarter valued at about $50,000. Global Retirement Partners LLC boosted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 691.1% during the 3rd quarter. Global Retirement Partners LLC now owns 799 shares of the company’s stock worth $81,000 after purchasing an additional 698 shares during the period. Hanson & Doremus Investment Management grew its holdings in Vanguard Short-Term Tax-Exempt Bond ETF by 78.1% during the 3rd quarter. Hanson & Doremus Investment Management now owns 1,462 shares of the company’s stock valued at $149,000 after purchasing an additional 641 shares during the last quarter. Harbour Investments Inc. raised its position in Vanguard Short-Term Tax-Exempt Bond ETF by 40.7% in the 2nd quarter. Harbour Investments Inc. now owns 1,688 shares of the company’s stock worth $170,000 after purchasing an additional 488 shares during the period. Finally, Bristlecone Advisors LLC bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the second quarter worth about $202,000.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Down 0.0%

Shares of Vanguard Short-Term Tax-Exempt Bond ETF stock opened at $102.32 on Monday. The stock’s fifty day moving average is $101.79 and its two-hundred day moving average is $101.71. Vanguard Short-Term Tax-Exempt Bond ETF has a 52 week low of $98.50 and a 52 week high of $102.39.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.2247 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 2.6%.

About Vanguard Short-Term Tax-Exempt Bond ETF

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.