Argyle Capital Partners LLC Invests $499,000 in Vanguard California Tax-Exempt Bond ETF $VTEC

Argyle Capital Partners LLC acquired a new stake in Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,000 shares of the company’s stock, valued at approximately $499,000.

Several other hedge funds also recently added to or reduced their stakes in VTEC. Charles Schwab Investment Management Inc. increased its stake in Vanguard California Tax-Exempt Bond ETF by 71.5% during the second quarter. Charles Schwab Investment Management Inc. now owns 3,879,597 shares of the company’s stock worth $378,687,000 after acquiring an additional 1,617,459 shares during the last quarter. Miracle Mile Advisors LLC acquired a new position in shares of Vanguard California Tax-Exempt Bond ETF in the 3rd quarter valued at $55,198,000. Cetera Investment Advisers lifted its stake in shares of Vanguard California Tax-Exempt Bond ETF by 10,448.4% in the 2nd quarter. Cetera Investment Advisers now owns 225,420 shares of the company’s stock valued at $22,003,000 after purchasing an additional 223,283 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Vanguard California Tax-Exempt Bond ETF by 185.6% during the 2nd quarter. Bank of America Corp DE now owns 218,786 shares of the company’s stock worth $21,356,000 after purchasing an additional 142,189 shares during the period. Finally, Corient Private Wealth LLC purchased a new position in shares of Vanguard California Tax-Exempt Bond ETF during the 2nd quarter worth $7,749,000.

Vanguard California Tax-Exempt Bond ETF Price Performance

Shares of BATS:VTEC opened at $100.17 on Friday. Vanguard California Tax-Exempt Bond ETF has a 12-month low of $94.02 and a 12-month high of $101.90. The business has a 50-day moving average price of $100.93 and a 200 day moving average price of $100.23.

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.