Short Interest in Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) Increases By 86.2%

Vanguard California Tax-Exempt Bond ETF (BATS:VTECGet Free Report) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 73,629 shares, a growth of 86.2% from the May 14th total of 39,536 shares. Based on an average daily volume of 365,254 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.7% of the company’s stock are sold short.

Vanguard California Tax-Exempt Bond ETF Stock Performance

Shares of VTEC opened at $99.96 on Monday. The stock has a 50 day simple moving average of $99.73 and a 200 day simple moving average of $100.22. Vanguard California Tax-Exempt Bond ETF has a 52-week low of $96.35 and a 52-week high of $101.90.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Spire Wealth Management grew its position in shares of Vanguard California Tax-Exempt Bond ETF by 250.0% in the 4th quarter. Spire Wealth Management now owns 350 shares of the company’s stock valued at $35,000 after purchasing an additional 250 shares during the period. 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 grew 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 during the period. 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 Company Profile

(Get Free Report)

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.

Further Reading

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