Ameritas Advisory Services LLC Purchases 5,548 Shares of Vanguard California Tax-Exempt Bond ETF $VTEC

Ameritas Advisory Services LLC increased its stake in shares of Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) by 432.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,830 shares of the company’s stock after acquiring an additional 5,548 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Vanguard California Tax-Exempt Bond ETF were worth $685,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of VTEC. Bank of America Corp DE boosted its stake in Vanguard California Tax-Exempt Bond ETF by 185.6% in the second quarter. Bank of America Corp DE now owns 218,786 shares of the company’s stock valued at $21,356,000 after acquiring an additional 142,189 shares during the last quarter. Corient Private Wealth LLC acquired a new stake in shares of Vanguard California Tax-Exempt Bond ETF during the second quarter worth $7,749,000. Concurrent Investment Advisors LLC raised its holdings in shares of Vanguard California Tax-Exempt Bond ETF by 131.3% during the fourth quarter. Concurrent Investment Advisors LLC now owns 87,054 shares of the company’s stock worth $8,728,000 after acquiring an additional 49,410 shares during the period. PFG Advisors acquired a new stake in shares of Vanguard California Tax-Exempt Bond ETF during the third quarter worth $4,311,000. Finally, Captrust Financial Advisors raised its holdings in shares of Vanguard California Tax-Exempt Bond ETF by 33.5% during the second quarter. Captrust Financial Advisors now owns 154,216 shares of the company’s stock worth $15,053,000 after acquiring an additional 38,668 shares during the period.

Vanguard California Tax-Exempt Bond ETF Stock Performance

Shares of BATS:VTEC opened at $98.99 on Friday. Vanguard California Tax-Exempt Bond ETF has a 12 month low of $96.35 and a 12 month high of $101.90. The company’s fifty day simple moving average is $99.77 and its 200 day simple moving average is $100.33.

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.