SwitchPoint Financial Planning LLC Makes New Investment in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

SwitchPoint Financial Planning LLC acquired a new stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,339 shares of the company’s stock, valued at approximately $1,337,000. Vanguard Short-Term Tax-Exempt Bond ETF makes up 1.3% of SwitchPoint Financial Planning LLC’s portfolio, making the stock its 20th largest position. SwitchPoint Financial Planning LLC owned about 0.31% of Vanguard Short-Term Tax-Exempt Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in VTES. Truist Financial Corp purchased a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter worth approximately $322,000. JPMorgan Chase & Co. raised its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 11.6% during the third quarter. JPMorgan Chase & Co. now owns 41,195 shares of the company’s stock valued at $4,178,000 after buying an additional 4,274 shares during the last quarter. US Bancorp DE purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the fourth quarter worth $55,000. Allworth Financial LP bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth $270,000. Finally, Raymond James Financial Inc. bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth $5,719,000.

Vanguard Short-Term Tax-Exempt Bond ETF Trading Down 0.1 %

Shares of NYSEARCA VTES opened at $100.43 on Wednesday. Vanguard Short-Term Tax-Exempt Bond ETF has a 52-week low of $99.30 and a 52-week high of $101.48. The firm’s fifty day moving average is $100.64 and its two-hundred day moving average is $100.75.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.2289 dividend. The ex-dividend date was Monday, March 3rd.

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.