Avaii Wealth Management LLC Reduces Holdings in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Avaii Wealth Management LLC trimmed its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 18.0% in the third quarter, Holdings Channel.com reports. The firm owned 2,957 shares of the company’s stock after selling 648 shares during the period. Avaii Wealth Management LLC’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $300,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Annapolis Financial Services LLC purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 1st quarter valued at approximately $27,000. Rothschild Investment LLC bought a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 2nd quarter worth about $50,000. Financial Management Professionals Inc. raised its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 133.3% in the 1st quarter. Financial Management Professionals Inc. now owns 700 shares of the company’s stock valued at $70,000 after purchasing an additional 400 shares in the last quarter. Family Firm Inc. bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the second quarter worth about $201,000. Finally, Retirement Planning Group LLC acquired a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the third quarter worth about $201,000.

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

NYSEARCA VTES traded down $0.08 on Thursday, hitting $101.04. 7,716 shares of the stock traded hands, compared to its average volume of 31,005. The stock has a 50-day moving average of $101.15 and a 200 day moving average of $100.45. Vanguard Short-Term Tax-Exempt Bond ETF has a twelve month low of $98.31 and a twelve month high of $101.62.

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.