Pasadena Private Wealth LLC Purchases New Position in Vanguard California Tax-Exempt Bond ETF $VTEC

Pasadena Private Wealth LLC purchased a new stake in shares of Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 139,033 shares of the company’s stock, valued at approximately $13,775,000. Vanguard California Tax-Exempt Bond ETF makes up 1.9% of Pasadena Private Wealth LLC’s holdings, making the stock its 13th biggest holding. Pasadena Private Wealth LLC owned about 1.32% of Vanguard California Tax-Exempt Bond ETF as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Spire Wealth Management boosted its position in shares of 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 valued at $35,000 after acquiring an additional 250 shares during the last quarter. Advisory Services Network LLC bought a new stake in Vanguard California Tax-Exempt Bond ETF in the third quarter worth $41,000. WFA of San Diego LLC bought a new stake in Vanguard California Tax-Exempt Bond ETF in the second quarter worth $58,000. Golden State Wealth Management LLC increased its position in Vanguard California Tax-Exempt Bond ETF by 39.6% in the fourth quarter. Golden State Wealth Management LLC now owns 705 shares of the company’s stock worth $71,000 after purchasing an additional 200 shares during the last quarter. Finally, Knuff & Co LLC purchased a new stake in Vanguard California Tax-Exempt Bond ETF during the third quarter valued at $80,000.

Vanguard California Tax-Exempt Bond ETF Stock Performance

VTEC stock opened at $100.50 on Monday. Vanguard California Tax-Exempt Bond ETF has a 52 week low of $96.35 and a 52 week high of $101.90. The company has a fifty day simple moving average of $99.84 and a two-hundred day simple moving average of $100.21.

About Vanguard California Tax-Exempt Bond ETF

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.