VTEC ETF Analysis: California Tax-Exempt Bond | BATS
Muni California Intermediate | BATS, USA | Market Cap: 3.406m USD | 12M Return: -2.2% | US9220216058 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 67.5M
Warnings
Tailwinds
No distinct edge detected
Seasonality 2.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Vanguard California Tax-Exempt Bond ETF (VTEC) tracks an S&P Dow Jones Indices index that measures the investment-grade segment of the California municipal bond market. The fund uses a sampling process to select holdings, with at least 80% of its assets invested in securities included in the underlying index, and is classified as non-diversified.
Municipal bonds are debt securities issued by state and local governments to fund public infrastructure and projects, and California munis are the largest state-level municipal market in the U.S. The tax-exempt designation means the interest income is generally exempt from federal and California state income taxes, making such funds appealing to investors in higher tax brackets seeking income that is shielded from those taxes.
- California state budget deficit pressures muni issuance outlook
- Fed rate cut expectations drive municipal bond prices higher
- Federal tax policy changes threaten municipal bond tax-exempt status
As of September 27, 2026, the stock is trading at USD 94.34 with a total of 1,612,336 shares traded. Over the past week, the price has changed by -1.81%, over one month by -4.10%, over three months by -5.32% and over the past year by -2.20%.
Current recommended Stop Loss: 93.70 (which is 0.7% or 1.4 ATR below the current price).
California Tax-Exempt Bond has no consensus analysts rating.