Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) Short Interest Update

Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 73,629 shares, a growth of 86.2% from the May 14th total of 39,536 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average trading volume of 365,254 shares, the days-to-cover ratio is presently 0.2 days.

Vanguard California Tax-Exempt Bond ETF Trading Up 0.1%

Vanguard California Tax-Exempt Bond ETF stock opened at $100.07 on Tuesday. Vanguard California Tax-Exempt Bond ETF has a 12-month low of $96.35 and a 12-month high of $101.90. The business’s 50-day moving average price is $99.74 and its two-hundred day moving average price is $100.21.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Composition Wealth LLC lifted its holdings in shares of Vanguard California Tax-Exempt Bond ETF by 2.5% in the fourth quarter. Composition Wealth LLC now owns 567,221 shares of the company’s stock worth $56,870,000 after acquiring an additional 13,968 shares during the last quarter. Bank of America Corp DE boosted its position in Vanguard California Tax-Exempt Bond ETF by 11.0% in the first quarter. Bank of America Corp DE now owns 336,901 shares of the company’s stock valued at $33,380,000 after buying an additional 33,268 shares in the last quarter. Cetera Investment Advisers boosted its position in Vanguard California Tax-Exempt Bond ETF by 13.6% in the fourth quarter. Cetera Investment Advisers now owns 273,492 shares of the company’s stock valued at $27,420,000 after buying an additional 32,710 shares in the last quarter. Jane Street Group LLC boosted its position in Vanguard California Tax-Exempt Bond ETF by 111.6% in the fourth quarter. Jane Street Group LLC now owns 262,230 shares of the company’s stock valued at $26,291,000 after buying an additional 138,284 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in Vanguard California Tax-Exempt Bond ETF by 9.3% in the fourth quarter. Captrust Financial Advisors now owns 203,167 shares of the company’s stock valued at $20,370,000 after buying an additional 17,313 shares in the last quarter.

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.