Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC) Shares Bought by Financial Management Network Inc.

Financial Management Network Inc. raised its holdings in Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC) by 62.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 18,307 shares of the company’s stock after acquiring an additional 7,008 shares during the period. Financial Management Network Inc. owned 2.82% of Vanguard California Tax-Exempt Bond ETF worth $1,847,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Wedmont Private Capital raised its holdings in Vanguard California Tax-Exempt Bond ETF by 9.3% in the 3rd quarter. Wedmont Private Capital now owns 55,731 shares of the company’s stock valued at $5,612,000 after acquiring an additional 4,743 shares during the last quarter. FLC Capital Advisors raised its holdings in Vanguard California Tax-Exempt Bond ETF by 5.0% in the 3rd quarter. FLC Capital Advisors now owns 17,578 shares of the company’s stock valued at $1,782,000 after acquiring an additional 832 shares during the last quarter. Creative Planning grew its stake in shares of Vanguard California Tax-Exempt Bond ETF by 206.5% during the 3rd quarter. Creative Planning now owns 10,919 shares of the company’s stock valued at $1,107,000 after buying an additional 7,356 shares during the period. Values Added Financial LLC purchased a new stake in shares of Vanguard California Tax-Exempt Bond ETF during the 2nd quarter valued at $725,000. Finally, Paragon Capital Management Ltd purchased a new stake in shares of Vanguard California Tax-Exempt Bond ETF during the 3rd quarter valued at $636,000.

Vanguard California Tax-Exempt Bond ETF Stock Up 0.3 %

Shares of NYSEARCA VTEC traded up $0.30 during trading on Friday, hitting $100.31. 4,667 shares of the company traded hands, compared to its average volume of 33,443. Vanguard California Tax-Exempt Bond ETF has a 1 year low of $98.21 and a 1 year high of $101.86. The company has a 50-day moving average price of $100.85 and a 200-day moving average price of $99.97.

Vanguard California Tax-Exempt Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were paid a dividend of $0.2493 per share. The ex-dividend date was Tuesday, October 1st. This is a boost from Vanguard California Tax-Exempt Bond ETF’s previous dividend of $0.23.

About Vanguard California Tax-Exempt Bond ETF

The Vanguard California Tax-Exempt Bond ETF (VTEC) 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 California governments and agencies. VTEC was launched on Jan 30, 2024 and is issued by Vanguard.