|Bid||50.00 x 4000|
|Ask||50.40 x 27000|
|Day's Range||50.18 - 50.31|
|52 Week Range||47.14 - 51.11|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||4.35%|
|Beta (5Y Monthly)||0.97|
|Expense Ratio (net)||0.05%|
The new fund focuses on short duration municipal bonds.
Vanguard today launched Vanguard Short-Term Tax-Exempt Bond ETF (Ticker: VTES). The new municipal bond index ETF is managed by Vanguard Fixed Income Group and is designed for tax-sensitive investors with a short-term time horizon and low interest rate risk tolerance.
The two largest muni bond ETFs have had opposing flows in 2023 after the category pulled in significant assets last year.