Commonwealth Equity Services LLC Reduces Position in Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC)

Commonwealth Equity Services LLC decreased its holdings in Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC) by 5.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 16,191 shares of the company’s stock after selling 989 shares during the period. Commonwealth Equity Services LLC’s holdings in Vanguard California Tax-Exempt Bond ETF were worth $1,612,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Charles Schwab Investment Management Inc. boosted its holdings in Vanguard California Tax-Exempt Bond ETF by 685.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,801,709 shares of the company’s stock worth $179,342,000 after buying an additional 1,572,396 shares during the period. Jane Street Group LLC lifted its position in shares of Vanguard California Tax-Exempt Bond ETF by 697.2% during the third quarter. Jane Street Group LLC now owns 62,184 shares of the company’s stock worth $6,304,000 after acquiring an additional 54,384 shares in the last quarter. Financial Management Network Inc. boosted its holdings in shares of Vanguard California Tax-Exempt Bond ETF by 76.0% in the fourth quarter. Financial Management Network Inc. now owns 32,216 shares of the company’s stock worth $3,215,000 after acquiring an additional 13,909 shares during the period. SteelPeak Wealth LLC purchased a new position in shares of Vanguard California Tax-Exempt Bond ETF in the fourth quarter valued at $2,727,000. Finally, PFG Advisors bought a new stake in shares of Vanguard California Tax-Exempt Bond ETF during the 4th quarter valued at $2,641,000.

Vanguard California Tax-Exempt Bond ETF Price Performance

Shares of VTEC opened at $98.38 on Friday. Vanguard California Tax-Exempt Bond ETF has a 52-week low of $97.91 and a 52-week high of $101.85. The stock’s 50-day simple moving average is $99.39 and its 200 day simple moving average is $100.00.

Vanguard California Tax-Exempt Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.2613 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.