Luminvest Wealth Management LLC Buys 31,272 Shares of Vanguard California Tax-Exempt Bond ETF $VTEC

Luminvest Wealth Management LLC raised its stake in Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) by 217.5% during the first quarter, HoldingsChannel reports. The fund owned 45,647 shares of the company’s stock after buying an additional 31,272 shares during the period. Vanguard California Tax-Exempt Bond ETF comprises approximately 1.2% of Luminvest Wealth Management LLC’s holdings, making the stock its 14th largest position. Luminvest Wealth Management LLC’s holdings in Vanguard California Tax-Exempt Bond ETF were worth $4,523,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Spire Wealth Management boosted its stake in Vanguard California Tax-Exempt Bond ETF by 250.0% in the 4th quarter. Spire Wealth Management now owns 350 shares of the company’s stock worth $35,000 after purchasing an additional 250 shares in the last quarter. Advisory Services Network LLC bought a new stake in Vanguard California Tax-Exempt Bond ETF during the 3rd quarter valued at about $41,000. WFA of San Diego LLC bought a new stake in Vanguard California Tax-Exempt Bond ETF during the 2nd quarter valued at about $58,000. Golden State Wealth Management LLC raised its holdings 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 buying an additional 200 shares during the last quarter. Finally, Cherry Tree Wealth Management LLC purchased a new position in Vanguard California Tax-Exempt Bond ETF in the fourth quarter worth about $80,000.

Vanguard California Tax-Exempt Bond ETF Trading Up 0.0%

Shares of BATS VTEC traded up $0.04 during midday trading on Friday, hitting $100.09. The stock had a trading volume of 376,407 shares, compared to its average volume of 268,191. The business’s 50 day moving average is $99.87 and its 200-day moving average is $100.22. Vanguard California Tax-Exempt Bond ETF has a 52 week low of $96.35 and a 52 week high of $101.90.

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.