Golden State Wealth Management LLC Invests $50,000 in Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC)

Golden State Wealth Management LLC bought a new stake in shares of Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC) during the 4th quarter, HoldingsChannel.com reports. The fund bought 505 shares of the company’s stock, valued at approximately $50,000.

Several other institutional investors have also bought and sold shares of VTEC. Charles Schwab Investment Management Inc. bought a new position in Vanguard California Tax-Exempt Bond ETF during the 3rd quarter valued at $23,248,000. 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 valued at $6,304,000 after purchasing an additional 54,384 shares in the last quarter. SteelPeak Wealth LLC purchased a new position in Vanguard California Tax-Exempt Bond ETF during the fourth quarter worth about $2,727,000. Flow Traders U.S. LLC bought a new stake in Vanguard California Tax-Exempt Bond ETF in the 3rd quarter worth about $1,730,000. Finally, Eclectic Associates Inc. ADV purchased a new stake in Vanguard California Tax-Exempt Bond ETF in the 4th quarter valued at about $1,522,000.

Vanguard California Tax-Exempt Bond ETF Price Performance

Vanguard California Tax-Exempt Bond ETF stock opened at $99.75 on Tuesday. Vanguard California Tax-Exempt Bond ETF has a 52 week low of $98.21 and a 52 week high of $101.85. The company’s 50 day moving average price is $99.66 and its two-hundred day moving average price is $100.28.

Vanguard California Tax-Exempt Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a $0.2827 dividend. The ex-dividend date was Monday, February 3rd. This is a boost from Vanguard California Tax-Exempt Bond ETF’s previous dividend of $0.15.

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.