VTEC Stock Summary and Trading Ideas (Vanguard California Tax-Exempt Bond ETF Vanguard California Tax-Exempt Bond ETF | BATS:VTEC)

The California Tax-Exempt Bond ETF seeks to track the performance of a benchmark index that measures the investment-grade segment of the California municipal bond market. The fund is intended for California residents only. The Fund employs an indexing approach designed to track the performance of the S&P California AMT-Free Municipal Bond Index. This Index measures the performance of the investment-grade segment of the California municipal bond market as determined by the Index provider, S&P Dow Jones Indices LLC. This Index comprises municipal bonds issued in the State of California and primarily includes municipal bonds from issuers in California that are California state or local governments or agencies whose interest payments are exempt from U.S. federal income taxes, including the federal alternative minimum tax (AMT), and California state income taxes. To be eligible for inclusion in the Index, each bond must have a rating of at least investment-grade, as determined by a nationally recognized statistical rating organization (NRSRO) (e.g., at least BBB- by Fitch Ratings, Inc), and the lowest rating will be used in determining if the bond is investment-grade.

Vanguard California Tax-Exempt Bond ETF Vanguard California Tax-Exempt Bond ETF trades on the BATS stock market under the symbol VTEC.

As of December 11, 2024, VTEC stock price declined to $100.83 with 43,380 million shares trading.

VTEC has a beta of 0.03, meaning it tends to be less sensitive to market movements. VTEC has a correlation of 0.02 to the broad based SPY ETF.

VTEC has a market cap of $531.88 million. This is considered a Small Cap stock.

VTEC support price is $100.79 and resistance is $101.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VTEC shares will trade within this expected range on the day.