Bridgewater Advisors Inc. Invests $799,000 in Vanguard California Tax-Exempt Bond ETF $VTEC

Bridgewater Advisors Inc. bought a new stake in Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 7,970 shares of the company’s stock, valued at approximately $799,000. Bridgewater Advisors Inc. owned about 0.06% of Vanguard California Tax-Exempt Bond ETF at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VTEC. Charles Schwab Investment Management Inc. lifted its stake 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 valued at $378,687,000 after purchasing an additional 1,617,459 shares in the last quarter. Miracle Mile Advisors LLC purchased a new position in Vanguard California Tax-Exempt Bond ETF in the third quarter valued at approximately $55,198,000. Cetera Investment Advisers lifted its position in Vanguard California Tax-Exempt Bond ETF by 10,448.4% during 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 in the last quarter. Bank of America Corp DE grew its stake 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 worth $21,356,000 after buying an additional 142,189 shares during the period. Finally, Captrust Financial Advisors grew its stake in Vanguard California Tax-Exempt Bond ETF by 33.5% during the second quarter. Captrust Financial Advisors now owns 154,216 shares of the company’s stock worth $15,053,000 after buying an additional 38,668 shares during the period.

Vanguard California Tax-Exempt Bond ETF Price Performance

Shares of VTEC stock opened at $101.55 on Friday. The company’s fifty day simple moving average is $100.72 and its 200-day simple moving average is $99.86. Vanguard California Tax-Exempt Bond ETF has a 52 week low of $94.02 and a 52 week high of $101.58.

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.