Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) Sees Large Drop in Short Interest

Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 131,943 shares, a decrease of 58.5% from the August 31st total of 317,779 shares. Based on an average daily volume of 695,855 shares, the short-interest ratio is presently 0.2 days. Approximately 1.3% of the company’s shares are sold short.

Institutional Trading of Vanguard California Tax-Exempt Bond ETF

Large investors have recently modified their holdings of the stock. Pasadena Private Wealth LLC bought a new position in Vanguard California Tax-Exempt Bond ETF during the first quarter worth $13,775,000. Altiora Financial Group LLC acquired a new stake in Vanguard California Tax-Exempt Bond ETF in the fourth quarter worth $5,013,000. Wedmont Private Capital increased its stake in Vanguard California Tax-Exempt Bond ETF by 25.4% in the second quarter. Wedmont Private Capital now owns 244,141 shares of the company’s stock valued at $24,436,000 after purchasing an additional 49,518 shares in the last quarter. Ballast Rock Private Wealth LLC increased its stake in Vanguard California Tax-Exempt Bond ETF by 703.8% in the first quarter. Ballast Rock Private Wealth LLC now owns 49,652 shares of the company’s stock valued at $4,920,000 after purchasing an additional 43,475 shares in the last quarter. Finally, Integrated Advisors Network LLC bought a new stake in Vanguard California Tax-Exempt Bond ETF in the first quarter valued at $4,289,000.

Vanguard California Tax-Exempt Bond ETF Stock Down 0.5%

BATS VTEC opened at $93.90 on Tuesday. The business has a 50 day simple moving average of $97.76 and a 200 day simple moving average of $99.08. Vanguard California Tax-Exempt Bond ETF has a one year low of $93.66 and a one year high of $101.90.

Vanguard California Tax-Exempt Bond ETF Company 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.