Rialto Wealth Management LLC Makes New $218,000 Investment in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Rialto Wealth Management LLC bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,170 shares of the company’s stock, valued at approximately $218,000.

A number of other hedge funds have also recently modified their holdings of the stock. Wescott Financial Advisory Group LLC grew its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 6.0% during the 3rd quarter. Wescott Financial Advisory Group LLC now owns 617,037 shares of the company’s stock worth $62,580,000 after buying an additional 35,133 shares during the last quarter. Life Planning Partners Inc purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the fourth quarter worth approximately $10,693,000. San Luis Wealth Advisors LLC increased its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 10.4% in the 4th quarter. San Luis Wealth Advisors LLC now owns 104,168 shares of the company’s stock valued at $10,443,000 after acquiring an additional 9,798 shares during the period. Jane Street Group LLC increased its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 356.4% in the 3rd quarter. Jane Street Group LLC now owns 73,066 shares of the company’s stock valued at $7,410,000 after acquiring an additional 57,057 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter valued at $5,719,000.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of Vanguard Short-Term Tax-Exempt Bond ETF stock opened at $100.72 on Friday. The company’s fifty day moving average is $100.58 and its two-hundred day moving average is $100.80. Vanguard Short-Term Tax-Exempt Bond ETF has a 1 year low of $99.29 and a 1 year high of $101.48.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders 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.