Vanguard California Tax-Exempt Bond ETF (VTEC)

• Market cap: $1.28B
• 1 day: -0.09%
• 5 days: 0.96%
• 1 month: 2.06%
• 3 months: 2.38%
• 6 months: 0.3%
• Year to date: -0.18%
• 1 year: -1.66%
• 5 years: -1.18%
• 10 years: -1.18%

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

275% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 8

170% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 10

74% more capital invested

Capital invested by funds: $312M [Q1] → $542M (+$230M) [Q2]

27% more funds holding

Funds holding: 62 [Q1] → 79 (+17) [Q2]

3.02% more ownership

Funds ownership: 52.88% [Q1] → 55.9% (+3.02%) [Q2]