Short Interest in Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) Decreases By 70.5%

Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 39,536 shares, a decline of 70.5% from the April 30th total of 133,909 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average trading volume of 346,567 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Vanguard California Tax-Exempt Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of VTEC. Spire Wealth Management lifted its position in Vanguard California Tax-Exempt Bond ETF by 250.0% during the 4th quarter. Spire Wealth Management now owns 350 shares of the company’s stock worth $35,000 after acquiring an additional 250 shares in the last quarter. Advisory Services Network LLC acquired a new position in shares of Vanguard California Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $41,000. WFA of San Diego LLC acquired a new position in shares of Vanguard California Tax-Exempt Bond ETF in the 2nd quarter valued at approximately $58,000. Golden State Wealth Management LLC raised its position in shares of Vanguard California Tax-Exempt Bond ETF by 39.6% in the 4th quarter. Golden State Wealth Management LLC now owns 705 shares of the company’s stock valued at $71,000 after purchasing an additional 200 shares in the last quarter. Finally, Knuff & Co LLC acquired a new position in shares of Vanguard California Tax-Exempt Bond ETF in the 3rd quarter valued at approximately $80,000.

Vanguard California Tax-Exempt Bond ETF Price Performance

Vanguard California Tax-Exempt Bond ETF stock opened at $99.83 on Friday. The stock’s 50 day moving average price is $99.55 and its 200 day moving average price is $100.25. Vanguard California Tax-Exempt Bond ETF has a one year low of $96.35 and a one 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.