Composition Wealth LLC Buys 13,968 Shares of Vanguard California Tax-Exempt Bond ETF $VTEC

Composition Wealth LLC raised its stake in shares of Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) by 2.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 567,221 shares of the company’s stock after acquiring an additional 13,968 shares during the quarter. Vanguard California Tax-Exempt Bond ETF comprises 0.8% of Composition Wealth LLC’s portfolio, making the stock its 28th biggest holding. Composition Wealth LLC’s holdings in Vanguard California Tax-Exempt Bond ETF were worth $56,870,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of VTEC. Bank of America Corp DE raised its holdings 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 buying an additional 142,189 shares in the last quarter. Corient Private Wealth LLC bought a new position in Vanguard California Tax-Exempt Bond ETF during the second quarter valued at about $7,749,000. Concurrent Investment Advisors LLC raised its holdings in Vanguard California Tax-Exempt Bond ETF by 131.3% during the fourth quarter. Concurrent Investment Advisors LLC now owns 87,054 shares of the company’s stock valued at $8,728,000 after buying an additional 49,410 shares in the last quarter. PFG Advisors bought a new position in Vanguard California Tax-Exempt Bond ETF during the third quarter valued at about $4,311,000. Finally, Captrust Financial Advisors raised its holdings 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 valued at $15,053,000 after buying an additional 38,668 shares in the last quarter.

Vanguard California Tax-Exempt Bond ETF Stock Performance

BATS VTEC opened at $99.69 on Friday. Vanguard California Tax-Exempt Bond ETF has a fifty-two week low of $96.35 and a fifty-two week high of $101.90. The stock’s 50-day moving average is $100.11 and its two-hundred day moving average is $100.37.

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.