Deroy & Devereaux Private Investment Counsel Inc. Reduces Stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Deroy & Devereaux Private Investment Counsel Inc. lowered its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 14.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 3,010 shares of the company’s stock after selling 490 shares during the quarter. Deroy & Devereaux Private Investment Counsel Inc.’s holdings in Vanguard Short-Term Tax-Exempt Bond ETF were worth $305,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Commonwealth Equity Services LLC raised its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 37.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 10,646 shares of the company’s stock valued at $1,072,000 after acquiring an additional 2,921 shares during the period. Private Advisor Group LLC raised its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 17.2% in the first quarter. Private Advisor Group LLC now owns 9,816 shares of the company’s stock valued at $988,000 after purchasing an additional 1,442 shares during the period. Whitegate Investment Counselors Inc. lifted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 11.9% during the 1st quarter. Whitegate Investment Counselors Inc. now owns 26,580 shares of the company’s stock valued at $2,677,000 after buying an additional 2,835 shares in the last quarter. Haverford Trust Co bought a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the 1st quarter worth approximately $1,057,000. Finally, Graypoint LLC purchased a new position in Vanguard Short-Term Tax-Exempt Bond ETF in the 1st quarter valued at approximately $1,651,000.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of VTES stock opened at $100.68 on Friday. Vanguard Short-Term Tax-Exempt Bond ETF has a 1 year low of $98.31 and a 1 year high of $101.62. The company’s fifty day simple moving average is $101.13 and its two-hundred day simple moving average is $100.49.

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.