Life Planning Partners Inc Makes New $10.69 Million Investment in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Life Planning Partners Inc bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 106,666 shares of the company’s stock, valued at approximately $10,693,000. Vanguard Short-Term Tax-Exempt Bond ETF accounts for 1.5% of Life Planning Partners Inc’s investment portfolio, making the stock its 19th biggest position. Life Planning Partners Inc owned 2.45% of Vanguard Short-Term Tax-Exempt Bond ETF as of its most recent SEC filing.

Several other large investors have also modified their holdings of VTES. US Bancorp DE purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the 4th quarter worth approximately $55,000. Harbour Investments Inc. lifted its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 156.0% during the fourth quarter. Harbour Investments Inc. now owns 960 shares of the company’s stock worth $96,000 after purchasing an additional 585 shares in the last quarter. McIlrath & Eck LLC purchased a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF during the third quarter worth $128,000. HighTower Advisors LLC acquired a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the fourth quarter valued at $206,000. Finally, Rialto Wealth Management LLC purchased a new stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF in the 4th quarter valued at $218,000.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

VTES opened at $100.32 on Friday. The stock’s 50-day moving average price is $100.65 and its 200 day moving average price is $100.73. Vanguard Short-Term Tax-Exempt Bond ETF has a 12-month low of $99.30 and a 12-month high of $101.48.

Vanguard Short-Term Tax-Exempt Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2289 per share. The ex-dividend date was Monday, March 3rd.

Vanguard Short-Term Tax-Exempt Bond ETF Company 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.