JPMorgan Chase & Co. Sells 17,777 Shares of Vanguard California Tax-Exempt Bond ETF $VTEC

JPMorgan Chase & Co. decreased its stake in Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) by 93.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,254 shares of the company’s stock after selling 17,777 shares during the period. JPMorgan Chase & Co.’s holdings in Vanguard California Tax-Exempt Bond ETF were worth $125,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Valmark Advisers Inc. bought a new stake in Vanguard California Tax-Exempt Bond ETF in the third quarter worth about $780,000. Concurrent Investment Advisors LLC raised its position in Vanguard California Tax-Exempt Bond ETF by 152.7% in the third quarter. Concurrent Investment Advisors LLC now owns 37,644 shares of the company’s stock worth $3,756,000 after acquiring an additional 22,746 shares during the period. WESPAC Advisors SoCal LLC bought a new stake in Vanguard California Tax-Exempt Bond ETF in the third quarter worth about $969,000. Highline Wealth Partners LLC bought a new stake in Vanguard California Tax-Exempt Bond ETF in the third quarter worth about $904,000. Finally, Corient Private Wealth LLC bought a new stake in Vanguard California Tax-Exempt Bond ETF in the second quarter worth about $3,875,000.

Vanguard California Tax-Exempt Bond ETF Stock Up 0.2%

Shares of VTEC stock opened at $100.20 on Friday. Vanguard California Tax-Exempt Bond ETF has a 52 week low of $96.00 and a 52 week high of $101.90. The firm’s 50-day simple moving average is $100.32 and its two-hundred day simple moving average is $100.34.

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.