Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) Stock Short Interest Climbs 201.1%

Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 182,614 shares, an increase of 201.1% from the October 15th total of 60,651 shares. Based on an average daily volume of 1,023,685 shares, the short-interest ratio is presently 0.2 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Trading of Vanguard California Tax-Exempt Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Sweeney & Michel LLC boosted its stake in shares of 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 purchasing an additional 207 shares during the period. MFA Wealth Services increased its stake in Vanguard California Tax-Exempt Bond ETF by 9.2% during the 3rd quarter. MFA Wealth Services now owns 3,142 shares of the company’s stock worth $296,000 after buying an additional 264 shares during the period. Ballast Rock Private Wealth LLC increased its stake in Vanguard California Tax-Exempt Bond ETF by 0.8% during the 3rd quarter. Ballast Rock Private Wealth LLC now owns 50,443 shares of the company’s stock worth $4,756,000 after buying an additional 395 shares during the period. Brookstone Capital Management increased its stake in Vanguard California Tax-Exempt Bond ETF by 8.6% during the 3rd quarter. Brookstone Capital Management now owns 6,295 shares of the company’s stock worth $593,000 after buying an additional 501 shares during the period. Finally, Roberts Wealth Advisors LLC lifted its holdings in Vanguard California Tax-Exempt Bond ETF by 12.1% during the 3rd quarter. Roberts Wealth Advisors LLC now owns 6,272 shares of the company’s stock worth $591,000 after buying an additional 675 shares in the last quarter.

Vanguard California Tax-Exempt Bond ETF Price Performance

VTEC stock traded down $0.29 during trading on Friday, reaching $96.88. 417,191 shares of the stock were exchanged, compared to its average volume of 460,860. The business has a 50 day moving average price of $95.88 and a 200-day moving average price of $98.83. Vanguard California Tax-Exempt Bond ETF has a 1 year low of $93.46 and a 1 year high of $101.90.

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.