Ariston Services Group Purchases New Shares in Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC)

Ariston Services Group acquired a new position in Vanguard California Tax-Exempt Bond ETF (NYSEARCA:VTEC) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,117 shares of the company’s stock, valued at approximately $808,000. Vanguard California Tax-Exempt Bond ETF makes up approximately 0.7% of Ariston Services Group’s investment portfolio, making the stock its 14th biggest holding. Ariston Services Group owned approximately 1.25% of Vanguard California Tax-Exempt Bond ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VTEC. Albion Financial Group UT purchased a new position in shares of Vanguard California Tax-Exempt Bond ETF during the fourth quarter valued at approximately $42,000. Golden State Wealth Management LLC purchased a new position in Vanguard California Tax-Exempt Bond ETF during the fourth quarter valued at $50,000. Larson Financial Group LLC purchased a new position in Vanguard California Tax-Exempt Bond ETF during the third quarter valued at $101,000. Compass Advisory Group LLC bought a new stake in Vanguard California Tax-Exempt Bond ETF in the fourth quarter worth $223,000. Finally, Aspiriant LLC bought a new position in shares of Vanguard California Tax-Exempt Bond ETF during the fourth quarter valued at $246,000.

Vanguard California Tax-Exempt Bond ETF Stock Down 0.2 %

VTEC opened at $100.23 on Tuesday. The stock has a 50-day moving average price of $99.43 and a 200-day moving average price of $100.22. Vanguard California Tax-Exempt Bond ETF has a 1 year low of $98.21 and a 1 year high of $101.85.

Vanguard California Tax-Exempt Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be issued a $0.2613 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

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.