Diversified Portfolios Inc. Sells 812 Shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

Diversified Portfolios Inc. lessened its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 2.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,728 shares of the company’s stock after selling 812 shares during the quarter. Diversified Portfolios Inc. owned about 0.68% of Vanguard Short-Term Tax-Exempt Bond ETF worth $3,015,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of VTES. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 12.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 79,410 shares of the company’s stock worth $7,947,000 after purchasing an additional 8,879 shares in the last quarter. HBK Sorce Advisory LLC grew its position in Vanguard Short-Term Tax-Exempt Bond ETF by 6.0% during the first quarter. HBK Sorce Advisory LLC now owns 4,539 shares of the company’s stock valued at $457,000 after acquiring an additional 255 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 27.9% during the second quarter. Cetera Investment Advisers now owns 16,252 shares of the company’s stock worth $1,626,000 after acquiring an additional 3,545 shares in the last quarter. Lakewood Asset Management LLC lifted its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 58.2% in the 2nd quarter. Lakewood Asset Management LLC now owns 3,812 shares of the company’s stock worth $381,000 after acquiring an additional 1,403 shares during the last quarter. Finally, Raymond James & Associates boosted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 5.3% in the 2nd quarter. Raymond James & Associates now owns 51,379 shares of the company’s stock valued at $5,141,000 after purchasing an additional 2,586 shares in the last quarter.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of VTES stock traded up $0.09 on Thursday, hitting $100.69. 16,963 shares of the company’s stock traded hands, compared to its average volume of 31,102. The company’s fifty day simple moving average is $101.00 and its 200 day simple moving average is $100.53. Vanguard Short-Term Tax-Exempt Bond ETF has a one year low of $99.29 and a one year 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.