Wedmont Private Capital Acquires 34,671 Shares of Vanguard California Tax-Exempt Bond ETF $VTEC

Wedmont Private Capital boosted its stake in shares of Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) by 27.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 160,113 shares of the company’s stock after purchasing an additional 34,671 shares during the quarter. Vanguard California Tax-Exempt Bond ETF accounts for approximately 0.6% of Wedmont Private Capital’s holdings, making the stock its 29th biggest position. Wedmont Private Capital owned 1.05% of Vanguard California Tax-Exempt Bond ETF worth $16,120,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada grew its position in Vanguard California Tax-Exempt Bond ETF by 438.1% in the 1st quarter. Royal Bank of Canada now owns 29,596 shares of the company’s stock worth $2,912,000 after purchasing an additional 24,096 shares during the last quarter. AQR Capital Management LLC acquired a new position in shares of Vanguard California Tax-Exempt Bond ETF during the first quarter valued at about $417,000. Wealthspire Advisors LLC bought a new stake in shares of Vanguard California Tax-Exempt Bond ETF in the second quarter valued at about $337,000. JPMorgan Chase & Co. lifted its stake in shares of Vanguard California Tax-Exempt Bond ETF by 8.1% in the second quarter. JPMorgan Chase & Co. now owns 19,031 shares of the company’s stock valued at $1,858,000 after buying an additional 1,426 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position 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 buying an additional 1,617,459 shares in the last quarter.

Vanguard California Tax-Exempt Bond ETF Stock Performance

Shares of VTEC opened at $99.14 on Friday. The stock’s 50-day moving average price is $100.87 and its 200 day moving average price is $100.31. Vanguard California Tax-Exempt Bond ETF has a 12-month low of $94.02 and a 12-month high of $101.90.

Vanguard California Tax-Exempt Bond ETF Profile

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.