ACT Wealth Management LLC Invests $616,000 in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES)

ACT Wealth Management LLC bought a new stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,071 shares of the company’s stock, valued at approximately $616,000. Vanguard Short-Term Tax-Exempt Bond ETF accounts for 0.3% of ACT Wealth Management LLC’s portfolio, making the stock its 23rd biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Annapolis Financial Services LLC raised its stake in Vanguard Short-Term Tax-Exempt Bond ETF by 57.8% in the 2nd quarter. Annapolis Financial Services LLC now owns 423 shares of the company’s stock worth $42,000 after purchasing an additional 155 shares in the last quarter. Single Point Partners LLC increased its holdings in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 2.1% during the first quarter. Single Point Partners LLC now owns 9,864 shares of the company’s stock worth $993,000 after purchasing an additional 207 shares during the period. RCS Financial Planning LLC raised its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 4.0% in the second quarter. RCS Financial Planning LLC now owns 6,182 shares of the company’s stock valued at $619,000 after buying an additional 240 shares in the last quarter. HBK Sorce Advisory LLC raised its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 6.0% in the first quarter. HBK Sorce Advisory LLC now owns 4,539 shares of the company’s stock valued at $457,000 after buying an additional 255 shares in the last quarter. Finally, Financial Management Professionals Inc. boosted its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF by 133.3% in the first quarter. Financial Management Professionals Inc. now owns 700 shares of the company’s stock valued at $70,000 after buying an additional 400 shares during the period.

Vanguard Short-Term Tax-Exempt Bond ETF Price Performance

Shares of NYSEARCA:VTES opened at $100.98 on Wednesday. The business’s 50 day simple moving average is $101.11 and its 200 day simple moving average is $100.43. Vanguard Short-Term Tax-Exempt Bond ETF has a 1 year low of $98.31 and a 1 year high of $101.62.

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.