Cambridge Trust Co. Purchases New Position in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Cambridge Trust Co. purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 882 shares of the company’s stock, valued at approximately $89,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTES. OLD Mission Capital LLC bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the first quarter valued at approximately $386,000. Harbour Investments Inc. acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the first quarter worth $25,000. Jane Street Group LLC acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the first quarter worth $17,943,000. Susquehanna International Group LLP bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the first quarter valued at about $459,000. Finally, Commonwealth Equity Services LLC acquired a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the second quarter valued at about $364,000.

Vanguard Short-Term Tax-Exempt Bond ETF Stock Performance

Shares of VTES opened at $100.07 on Friday. The stock’s 50-day moving average price is $100.66 and its two-hundred day moving average price is $100.35. Vanguard Short-Term Tax-Exempt Bond ETF has a 1 year low of $98.00 and a 1 year high of $101.62.

Vanguard Short-Term Tax-Exempt Bond ETF 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.