Vanguard Short-Term Tax-Exempt Bond ETF (VTES)
Which Is the Better Short-Term Bond ETF, Vanguard's VTES or VanEck's SMB?
The Vanguard Short-Term Tax-Exempt Bond ETF offers a lower expense ratio than the VanEck Short Muni ETF. The Vanguard Short-Term Tax-Exempt Bond ETF has assets under management of $2.1 billion, making it significantly larger than the VanEck alternative.
VTES vs. VCSH: Which Vanguard Bond ETF Is the Better Fit for Your Portfolio?
Vanguard Short-Term Corporate Bond ETF offers a lower expense ratio and a significantly higher dividend yield than Vanguard Short-Term Tax-Exempt Bond ETF. Vanguard Short-Term Tax-Exempt Bond ETF provides income that is generally exempt from federal taxes, while Vanguard Short-Term Corporate Bond ETF focuses on taxable corporate debt.
VTES vs. VGSH: Which Vanguard Bond ETF Is the Better Buy?
The Vanguard Short-Term Treasury ETF (VGSH) offers a higher dividend yield and lower expense ratio than the Vanguard Short-Term Tax-Exempt Bond ETF (VTES). Vanguard Short-Term Tax-Exempt Bond ETF (VTES) provides interest income that is generally exempt from federal income taxes.
Gleason Group Inc. Sells 20,925 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES
Gleason Group Inc. lessened its holdings in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 6.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 283,444 shares of the company's stock after selling 20,925 shares during the
Vanguard Short-Term Tax-Exempt Bond ETF $VTES Shares Purchased by Daymark Wealth Partners LLC
Daymark Wealth Partners LLC raised its position in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 43.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,259 shares of the company's stock after acquiring an additional
C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Acquires New Position in Vanguard Short-Term Tax-Exempt Bond ETF $VTES
C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) during the undefined quarter, according to its most recent disclosure with the SEC. The institutional investor bought 12,590 shares of the company's stock, valued at approximately $1,283,000. C2P Capital Advisory
Vanguard Short-Term Tax-Exempt Bond ETF $VTES Shares Purchased by Osaic Holdings Inc.
Osaic Holdings Inc. increased its stake in shares of Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 39.7% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 30,371 shares of the company's stock after purchasing an additional 8,626 shares during the period. Osaic Holdings Inc.
Eclectic Associates Inc. ADV Buys 5,098 Shares of Vanguard Short-Term Tax-Exempt Bond ETF $VTES
Eclectic Associates Inc. ADV boosted its stake in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 15.0% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,023 shares of the company's stock after acquiring an additional 5,098 shares during the
Corient Private Wealth LLC Has $16.36 Million Position in Vanguard Short-Term Tax-Exempt Bond ETF $VTES
Corient Private Wealth LLC lessened its holdings in Vanguard Short-Term Tax-Exempt Bond ETF (NYSEARCA:VTES) by 10.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 162,071 shares of the company's stock after selling 19,190 shares during the period. Corient
VTES: I Don't Think This Works
Vanguard Short-Term Tax-Exempt Bond ETF is designed to provide low-risk, tax-exempt income for higher-rate taxpayers, but its yield is uncompetitive versus alternatives. Despite low fees and solid diversification, VTES's 3% yield (5% tax-equivalent) is easily beaten by short-term Treasuries or managed muni funds. The issue isn't with Vanguard or the fund's construction, but with the short-term muni index sector itself, which simply doesn't pay enough.
Munis Offer Benefits Beyond Tax-Free Income
Municipal bonds are lauded for the tax-free income they can provide to fixed income investors. A closer look under the hood shows the tangible impact muni sales can provide to the communities that benefit from the funding.
Consider This Tax-Efficient Way to Increase Your Fixed Income Allocation
Tax-equivalent yields on municipal bonds are at higher levels than seen in years. Plus, thanks to pandemic-era stimulus funding, most muni balance sheets are flush with cash.
VTES: A Good New Fund For Conservative Investors
Vanguard Short-Term Tax-Exempt Bond ETF offers investors a steady income stream and tax benefits. VTES tracks the performance of the S&P 0-7 Year National AMT-Free Municipal Bond Index, providing broad diversification. VTES is tax-efficient, with income generated from municipal bonds typically exempt from federal taxes.
Muni Bonds: Recession Potential Warrants Second Look
Recessionary pressures on the economy continue to mount, as the Fed tries to toe the line between raising interest rates to combat inflation and maintaining economic growth. In the meantime, muni bonds present investors with a prime fixed income option.
Investors Turn to Muni ETFs Amid Strong Returns
Municipal bonds posted strong total returns in Q1 amid the collapse of Silicon Valley Bank and the subsequent banking crisis driving investors to seek quality, stable assets. In Q1, the Bloomberg Municipal Bond Index and the Bloomberg High Yield Municipal Bond Index returned 2.78% and 2.73%, respectively.
Take Advantage of High Yields and Short Durations With VTES
With tax-equivalent yields for municipal bonds at levels not seen in over a decade, now may be a good time for investors to consider tax-efficient ways to add to their fixed income allocation. This is especially true for fixed income investors looking to focus on funds with shorter maturities.
VTES: New Muni Fund From Vanguard Hits The Right Notes
Municipal bonds are extremely popular due to their tax advantages. While yields are low today, they are higher than what we saw in 2020 and 2021.
Tom Lydon on Vanguard: “They Are Just Rock Solid”
It's been a big month for Vanguard thus far. Not only did the investment firm reach a major milestone by crossing the $2 trillion mark in U.S.-listed ETF assets under management earlier this month, but it also launched its second municipal bond ETF, the Vanguard Short-Term Tax-Exempt Bond ETF (VTES), on March 9.
Vanguard Launches First ETF in Nearly 2 Years
The new fund focuses on short duration municipal bonds.