Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) Stock Short Interest Jumps 605.0%

Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 930,147 shares, a growth of 605.0% from the September 15th total of 131,943 shares. Currently, 8.8% of the company’s shares are sold short. Based on an average daily trading volume, of 1,218,078 shares, the short-interest ratio is presently 0.8 days.

Vanguard California Tax-Exempt Bond ETF Trading Up 0.3%

BATS:VTEC opened at $94.28 on Friday. The company has a fifty day moving average of $96.91 and a 200-day moving average of $98.72. Vanguard California Tax-Exempt Bond ETF has a twelve month low of $93.46 and a twelve month high of $101.90.

Institutional Investors Weigh In On Vanguard California Tax-Exempt Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE boosted its position in shares of Vanguard California Tax-Exempt Bond ETF by 11.0% during the 1st quarter. Bank of America Corp DE now owns 336,901 shares of the company’s stock worth $33,380,000 after purchasing an additional 33,268 shares in the last quarter. Wedmont Private Capital increased its position in Vanguard California Tax-Exempt Bond ETF by 0.8% in the 3rd quarter. Wedmont Private Capital now owns 246,073 shares of the company’s stock valued at $23,141,000 after buying an additional 1,932 shares in the last quarter. Pasadena Private Wealth LLC acquired a new position in Vanguard California Tax-Exempt Bond ETF during the 1st quarter worth approximately $13,775,000. Corient Private Wealth LP raised its stake in Vanguard California Tax-Exempt Bond ETF by 40.4% during the 2nd quarter. Corient Private Wealth LP now owns 91,669 shares of the company’s stock worth $9,222,000 after buying an additional 26,393 shares during the period. Finally, Eclectic Associates Inc. ADV boosted its holdings in Vanguard California Tax-Exempt Bond ETF by 10.5% in the third quarter. Eclectic Associates Inc. ADV now owns 87,103 shares of the company’s stock worth $8,212,000 after acquiring an additional 8,252 shares in the last quarter.

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.