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Vanguard Short-Term Tax-Exempt Bond ETF Shares (VTES)

Muni National Short | Exchange Traded Fund | NYSEArca
101.03 USD -0.09 (-0.089%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 101.03

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 5:26 a.m. EDT

This instrument is a stable, defensive holding for tax-exempt income, but it lacks the growth or momentum characteristics required for aggressive capital appreciation. The price trajectory over the last two years shows a modest, consistent rise (+0.82%), confirming steady performance without any signs of structural decline or multi-year stagnation. The dividend stream is robust and reliable, averaging around 2.74%, which provides a solid floor for investors seeking yield protection against inflation. However, the absence of any options activity and the flat, incremental nature of the price action indicate that this is purely a 'parking spot' for capital. It will likely outperform high-yield corporate bonds due to its tax status, but it will struggle to beat the broader market in terms of total return. For a portfolio, this belongs in the fixed-income sleeve for stability, not the growth sleeve for expansion.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.002306
AutoETS0.002347
AutoARIMA0.002369
AutoTheta0.002904

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 85%
H-stat 0.13
Ljung-Box p 0.000
Jarque-Bera p 0.029
Excess Kurtosis 0.35

As of July 11, 2026, 5:26 a.m. EDT: Options activity is virtually non-existent, with zero volume and open interest recorded for both calls and puts across available expirations. This lack of speculative positioning suggests the market views the security as a static income vehicle rather than a tradeable equity, offering no directional signal from derivatives.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.22% 2.72% 2.82%
Dividend History
Date Dividend Yield %
2026-07-01 0.226 0.223475
2026-06-01 0.219 0.216746
2026-05-01 0.230 0.227633
2026-04-01 0.223 0.220628
2026-03-02 0.236 0.230717
2026-02-02 0.225 0.220372
2025-12-24 0.232 0.228662
2025-12-01 0.234 0.230792
2025-11-03 0.236 0.232719
2025-10-01 0.238 0.233999
2025-09-02 0.238 0.234645
2025-08-01 0.226 0.222752
2025-07-01 0.244 0.242136
2025-06-02 0.234 0.233580
2025-05-01 0.226 0.226408
2025-04-01 0.233 0.232002
2025-03-03 0.247 0.244676
2025-02-03 0.229 0.227793
2024-12-24 0.244 0.243798
2024-12-02 0.246 0.243806
2024-11-01 0.250 0.248855
2024-10-01 0.257 0.253837
2024-09-03 0.254 0.251361
2024-08-01 0.247 0.245820
2024-07-01 0.254 0.254790
2024-06-03 0.254 0.255662
2024-05-01 0.243 0.243633
2024-04-01 0.248 0.247224
2024-03-01 0.253 0.250694
2024-02-01 0.253 0.250025
2023-12-22 0.254 0.250815
2023-12-01 0.236 0.234418
2023-11-01 0.186 0.188967
2023-10-02 0.216 0.219646
2023-09-01 0.220 0.220751
2023-08-01 0.221 0.220735
2023-07-03 0.208 0.207337
2023-06-01 0.229 0.228726
2023-05-01 0.161 0.159897
2023-04-03 0.129 0.127119
2023-03-31 0.129 0.126994
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.74

Info Dump

Attribute Value
All Time High 102.71
All Time Low 98.0
Ask 0.0
Ask Size 1,800
Average Daily Volume10 Day 176,190
Average Daily Volume3 Month 166,877
Average Volume 166,877
Average Volume10Days 176,190
Beta3 Year 0.37
Bid 0.0
Bid Size 200
Category Muni National Short
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 101.1199
Day Low 101.03
Dividend Yield 2.74
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 101.08608
Fifty Day Average Change -0.05608368
Fifty Day Average Change Percent -0.0005548111
Fifty Two Week Change Percent 0.06927252
Fifty Two Week High 102.71
Fifty Two Week High Change -1.6800003
Fifty Two Week High Change Percent -0.016356736
Fifty Two Week Low 100.605
Fifty Two Week Low Change 0.42499542
Fifty Two Week Low Change Percent 0.0042243963
Fifty Two Week Range 100.605 - 102.71
First Trade Date Milliseconds 1,678,372,200,000
Full Exchange Name NYSEArca
Fund Family Vanguard
Fund Inception Date 1,678,233,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the bonds that make up the Target Index. The Target Index includes municipal bonds issued primarily by states, local governments, and agencies whose interest is exempt from U.S. federal income taxes and the federal alternative minimum tax (AMT). It is non-diversified.
Long Name Vanguard Short-Term Tax-Exempt Bond ETF Shares
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1819881589
Nav Price 101.0
Net Assets 2,094,170,750.0
Net Expense Ratio 0.05
Open 101.08
Phone 6,106,696,295
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 101.03
Post Market Time 1,783,979,760
Previous Close 101.12
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.090004
Regular Market Change Percent -0.0890071
Regular Market Day High 101.1199
Regular Market Day Low 101.03
Regular Market Day Range 101.03 - 101.1199
Regular Market Open 101.08
Regular Market Previous Close 101.12
Regular Market Price 101.03
Regular Market Time 1,783,972,800
Regular Market Volume 109,647
Short Name Vanguard Wellington Fund Vangua
Source Interval 15
Symbol VTES
Three Year Average Return 0.0300004
Total Assets 2,094,170,752
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.895
Trailing Three Month Returns 0.895
Triggerable 1
Two Hundred Day Average 101.55852
Two Hundred Day Average Change -0.5285187
Two Hundred Day Average Change Percent -0.00520408
Type Disp ETF
Volume 109,647
Yield 0.0274
Ytd Return 0.95139