Vanguard California Tax-Exempt Bond ETF $VTEC Position Boosted by Slow Capital Inc.

Slow Capital Inc. lifted its position in Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) by 1,473.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,325 shares of the company’s stock after purchasing an additional 74,284 shares during the period. Slow Capital Inc. owned about 0.75% of Vanguard California Tax-Exempt Bond ETF worth $7,479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Sweeney & Michel LLC increased its holdings in Vanguard California Tax-Exempt Bond ETF by 2.2% in the third quarter. Sweeney & Michel LLC now owns 9,683 shares of the company’s stock valued at $913,000 after buying an additional 207 shares in the last quarter. MFA Wealth Services raised its position in shares of Vanguard California Tax-Exempt Bond ETF by 9.2% in the third quarter. MFA Wealth Services now owns 3,142 shares of the company’s stock worth $296,000 after acquiring an additional 264 shares during the period. Hurlow Wealth Management Group Inc. raised its position in shares of Vanguard California Tax-Exempt Bond ETF by 9.8% in the first quarter. Hurlow Wealth Management Group Inc. now owns 3,415 shares of the company’s stock worth $338,000 after acquiring an additional 305 shares during the period. Brookstone Capital Management raised its position in shares of Vanguard California Tax-Exempt Bond ETF by 8.6% in the third quarter. Brookstone Capital Management now owns 6,295 shares of the company’s stock worth $593,000 after acquiring an additional 501 shares during the period. Finally, Roberts Wealth Advisors LLC raised its position in shares of Vanguard California Tax-Exempt Bond ETF by 12.1% in the third quarter. Roberts Wealth Advisors LLC now owns 6,272 shares of the company’s stock worth $591,000 after acquiring an additional 675 shares during the period.

Vanguard California Tax-Exempt Bond ETF Price Performance

VTEC stock opened at $96.42 on Monday. The company’s 50-day simple moving average is $96.18 and its 200-day simple moving average is $98.46. Vanguard California Tax-Exempt Bond ETF has a 52-week low of $93.46 and a 52-week high of $101.90.

About Vanguard California Tax-Exempt Bond ETF

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.