Albion Financial Group UT Purchases New Shares in Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC)

Albion Financial Group UT acquired a new position in Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 425 shares of the company’s stock, valued at approximately $42,000. Albion Financial Group UT owned approximately 0.07% of Vanguard California Tax-Exempt Bond ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VTEC. Charles Schwab Investment Management Inc. bought a new stake in shares of Vanguard California Tax-Exempt Bond ETF in the third quarter worth $23,248,000. Creative Planning increased its position in shares of Vanguard California Tax-Exempt Bond ETF by 206.5% in the 3rd quarter. Creative Planning now owns 10,919 shares of the company’s stock worth $1,107,000 after purchasing an additional 7,356 shares during the last quarter. Atomi Financial Group Inc. acquired a new stake in shares of Vanguard California Tax-Exempt Bond ETF in the 3rd quarter valued at about $202,000. 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 worth $6,304,000 after purchasing an additional 54,384 shares during the last quarter. Finally, Captrust Financial Advisors grew its stake in Vanguard California Tax-Exempt Bond ETF by 97.1% in the third quarter. Captrust Financial Advisors now owns 5,291 shares of the company’s stock worth $536,000 after purchasing an additional 2,607 shares in the last quarter.

Vanguard California Tax-Exempt Bond ETF Stock Performance

Shares of NYSEARCA VTEC opened at $99.06 on Thursday. The stock’s 50 day moving average price is $99.97 and its two-hundred day moving average price is $100.32. Vanguard California Tax-Exempt Bond ETF has a 52-week low of $98.21 and a 52-week high of $101.86.

Vanguard California Tax-Exempt Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.1505 per share. The ex-dividend date of this dividend was Friday, November 1st.

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.