No headlines found.
No press releases found.
No news found.
Vanguard Short Duration Tax-Exempt Bond ETF seeks current income exempt from federal tax by investing in municipal bonds with a dollar-weighted average nominal maturity between 2 and 7 years. The fund emphasizes high credit quality, with a majority of the fund's holdings rated investment-grade. The fund's advisor, Vanguard Fixed Income Group, seeks to add value by making small adjustments to the fund's maturity structure, based on factors such as interest-rate outlook and slope of the yield curve. Vanguard's independent research capabilities assist in identifying specific issues and market sectors that represent good relative value. Under normal circumstances, the fund will invest at least 80% of its assets (plus any borrowings for investment purposes) in municipal bonds denominated in U.S. dollars from a variety of issuers that are primarily U.S. states or local governments or agencies whose interest is exempt from federal income taxes and the federal alternative minimum tax. The majority of the fund's exposure to fixed income securities is expected to have credit quality that is investment-grade.
Vanguard Short Duration Tax-Exempt Bond ETF trades on the BATS stock market under the symbol VSDM.
As of April 20, 2026, VSDM stock price climbed to $76.61 with 112,971 million shares trading.
VSDM has a beta of 0.03, meaning it tends to be less sensitive to market movements. VSDM has a correlation of 0.10 to the broad based SPY ETF.
VSDM has a market cap of $571.51 million. This is considered a Small Cap stock.
VSDM has underperformed the market in the last year with a price return of +5.8% while the SPY ETF gained +36.0%. VSDM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.5% and +0.4%, respectively, while the SPY returned +2.7% and +8.1%, respectively.
VSDM support price is $76.50 and resistance is $76.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VSDM shares will trade within this expected range on the day.