Pasadena Private Wealth LLC Acquires Shares of 139,033 Vanguard California Tax-Exempt Bond ETF $VTEC

Pasadena Private Wealth LLC acquired a new stake in Vanguard California Tax-Exempt Bond ETF (BATS:VTEC) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 139,033 shares of the company’s stock, valued at approximately $13,775,000. Vanguard California Tax-Exempt Bond ETF accounts for about 1.9% of Pasadena Private Wealth LLC’s investment portfolio, making the stock its 13th largest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of VTEC. Geometric Wealth Advisors increased its position in shares of Vanguard California Tax-Exempt Bond ETF by 1.1% during the 4th quarter. Geometric Wealth Advisors now owns 10,643 shares of the company’s stock valued at $1,067,000 after purchasing an additional 114 shares during the last quarter. WFA of San Diego LLC raised its holdings in Vanguard California Tax-Exempt Bond ETF by 18.9% during the 4th quarter. WFA of San Diego LLC now owns 785 shares of the company’s stock valued at $79,000 after buying an additional 125 shares during the period. Golden State Wealth Management LLC raised its holdings in Vanguard California Tax-Exempt Bond ETF by 39.6% during the 4th quarter. Golden State Wealth Management LLC now owns 705 shares of the company’s stock valued at $71,000 after buying an additional 200 shares during the period. Spire Wealth Management lifted its position in Vanguard California Tax-Exempt Bond ETF by 250.0% in the fourth quarter. Spire Wealth Management now owns 350 shares of the company’s stock worth $35,000 after buying an additional 250 shares during the last quarter. Finally, Hurlow Wealth Management Group Inc. lifted its position in Vanguard California Tax-Exempt Bond ETF by 9.8% in the first quarter. Hurlow Wealth Management Group Inc. now owns 3,415 shares of the company’s stock worth $338,000 after buying an additional 305 shares during the last quarter.

Vanguard California Tax-Exempt Bond ETF Price Performance

BATS VTEC 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 moving average of $99.84 and a two-hundred day moving average of $100.21.

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.