Meridian Wealth Management LLC Buys 350 Shares of Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC)

Meridian Wealth Management LLC grew its stake in Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC) by 7.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,905 shares of the company’s stock after purchasing an additional 350 shares during the quarter. Meridian Wealth Management LLC owned about 0.75% of Vanguard California Tax-Exempt Bond ETF worth $488,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Albion Financial Group UT purchased a new stake in shares of Vanguard California Tax-Exempt Bond ETF in the 4th quarter worth about $42,000. Golden State Wealth Management LLC bought a new position in Vanguard California Tax-Exempt Bond ETF during the 4th quarter valued at about $50,000. Larson Financial Group LLC bought a new position in Vanguard California Tax-Exempt Bond ETF during the 3rd quarter valued at about $101,000. Compass Advisory Group LLC bought a new position in Vanguard California Tax-Exempt Bond ETF during the 4th quarter valued at about $223,000. Finally, Aspiriant LLC bought a new position in shares of Vanguard California Tax-Exempt Bond ETF in the 4th quarter worth approximately $246,000.

Vanguard California Tax-Exempt Bond ETF Trading Down 0.1 %

Shares of NYSEARCA:VTEC opened at $99.92 on Thursday. The firm’s 50 day moving average price is $99.46 and its 200-day moving average price is $100.21. Vanguard California Tax-Exempt Bond ETF has a twelve month low of $98.21 and a twelve month high of $101.85.

Vanguard California Tax-Exempt Bond ETF Cuts Dividend

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

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.