7,822 Shares in Vanguard California Tax-Exempt Bond ETF $VTEC Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. bought a new stake in shares of Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,822 shares of the company’s stock, valued at approximately $780,000. Valmark Advisers Inc. owned 0.06% of Vanguard California Tax-Exempt Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its position in shares of Vanguard California Tax-Exempt Bond ETF by 71.5% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,879,597 shares of the company’s stock worth $378,687,000 after purchasing an additional 1,617,459 shares during the period. Miracle Mile Advisors LLC acquired a new position in Vanguard California Tax-Exempt Bond ETF in the third quarter valued at $55,198,000. Cetera Investment Advisers lifted its holdings in Vanguard California Tax-Exempt Bond ETF by 10,448.4% in the second quarter. Cetera Investment Advisers now owns 225,420 shares of the company’s stock valued at $22,003,000 after buying an additional 223,283 shares during the period. Bank of America Corp DE boosted its position in Vanguard California Tax-Exempt Bond ETF by 185.6% during the second quarter. Bank of America Corp DE now owns 218,786 shares of the company’s stock valued at $21,356,000 after acquiring an additional 142,189 shares during the last quarter. Finally, Captrust Financial Advisors grew its holdings in Vanguard California Tax-Exempt Bond ETF by 33.5% during the 2nd quarter. Captrust Financial Advisors now owns 154,216 shares of the company’s stock worth $15,053,000 after acquiring an additional 38,668 shares during the period.

Vanguard California Tax-Exempt Bond ETF Price Performance

VTEC stock opened at $100.70 on Monday. The stock has a 50-day moving average price of $100.29 and a 200-day moving average price of $99.07. Vanguard California Tax-Exempt Bond ETF has a 1-year low of $94.02 and a 1-year high of $100.85.

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.