Focus Partners Advisor Solutions LLC Takes Position in Vanguard California Tax-Exempt Bond ETF $VTEC

Focus Partners Advisor Solutions LLC acquired a new position in shares of Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 39,000 shares of the company’s stock, valued at approximately $3,807,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. lifted its stake in Vanguard California Tax-Exempt Bond ETF by 25.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,262,138 shares of the company’s stock worth $222,594,000 after purchasing an additional 460,429 shares in the last quarter. Wedmont Private Capital lifted its stake in Vanguard California Tax-Exempt Bond ETF by 5.4% during the 2nd quarter. Wedmont Private Capital now owns 70,763 shares of the company’s stock worth $6,889,000 after acquiring an additional 3,614 shares in the last quarter. Eclectic Associates Inc. ADV boosted its holdings in Vanguard California Tax-Exempt Bond ETF by 56.0% during the 2nd quarter. Eclectic Associates Inc. ADV now owns 53,092 shares of the company’s stock valued at $5,182,000 after acquiring an additional 19,053 shares during the period. PFG Advisors grew its position in Vanguard California Tax-Exempt Bond ETF by 49.5% in the 1st quarter. PFG Advisors now owns 39,657 shares of the company’s stock valued at $3,902,000 after acquiring an additional 13,126 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in Vanguard California Tax-Exempt Bond ETF by 438.1% during the first quarter. Royal Bank of Canada now owns 29,596 shares of the company’s stock worth $2,912,000 after purchasing an additional 24,096 shares during the period.

Vanguard California Tax-Exempt Bond ETF Price Performance

Shares of VTEC opened at $100.61 on Friday. The company’s 50-day simple moving average is $99.13 and its 200-day simple moving average is $97.73. Vanguard California Tax-Exempt Bond ETF has a 1 year low of $94.02 and a 1 year high of $101.42.

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.