Charles Schwab Investment Management Inc. Takes Position in Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC)

Charles Schwab Investment Management Inc. purchased a new position in shares of Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 229,313 shares of the company’s stock, valued at approximately $23,248,000. Charles Schwab Investment Management Inc. owned approximately 35.28% of Vanguard California Tax-Exempt Bond ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VTEC. Wedmont Private Capital increased its holdings in shares of 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 period. Financial Management Network Inc. increased its position in Vanguard California Tax-Exempt Bond ETF by 62.0% in the 3rd quarter. Financial Management Network Inc. now owns 18,307 shares of the company’s stock valued at $1,847,000 after acquiring an additional 7,008 shares during the period. FLC Capital Advisors raised its stake in Vanguard California Tax-Exempt Bond ETF by 5.0% during 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. Diversify Advisory Services LLC acquired a new stake in Vanguard California Tax-Exempt Bond ETF during the 3rd quarter worth approximately $1,332,000. Finally, Creative Planning grew its stake in shares of Vanguard California Tax-Exempt Bond ETF by 206.5% in the 3rd quarter. Creative Planning now owns 10,919 shares of the company’s stock valued at $1,107,000 after purchasing an additional 7,356 shares during the last quarter.

Vanguard California Tax-Exempt Bond ETF Trading Up 0.1 %

Shares of Vanguard California Tax-Exempt Bond ETF stock opened at $101.26 on Friday. Vanguard California Tax-Exempt Bond ETF has a 52-week low of $98.21 and a 52-week high of $101.86. The company’s 50-day simple moving average is $100.55 and its 200-day simple moving average is $100.20.

Vanguard California Tax-Exempt Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.1505 dividend. The ex-dividend date of this dividend was Friday, November 1st.

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.