VTEC Fail-to-Deliver

Vanguard California Tax-Exempt Bond ETF (VTEC) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $3.26B, listed on CBOE, carrying a beta of 0.21 to the broader market. 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. public since 2024-01-30.

Fail-to-deliver (FTD) data from the SEC tracks settlement failures where shares were not delivered within the standard settlement period. Persistent FTDs may indicate naked short selling or settlement issues and are monitored by regulators.

Latest Date
2026-09-30
Latest FTD Quantity
280.9K
Latest Price
$93.55
30-Day Avg FTD
43.2K
30-Day Total FTD
1.3M

Showing 30 days of SEC fail-to-deliver data for Vanguard California Tax-Exempt Bond ETF.

Learn how fails-to-deliver is reported and how to read the data →

Frequently asked VTEC fail to deliver questions

What is the latest VTEC fail-to-deliver count?
As of Sep 30, 2026, Vanguard California Tax-Exempt Bond ETF (VTEC) fail-to-deliver quantity is 280.9K shares, with a 30-day average of 43.2K shares. The SEC publishes FTD data twice monthly: first-half data at month-end, second-half around the 15th of the following month.
What is the FTD aggregate net balance?
FTD figures represent the aggregate net balance in NSCC's Continuous Net Settlement (CNS) system, not the gross failed-share count. The published numbers run 2-6 weeks stale relative to the underlying settlement date.
How do VTEC FTDs affect options pricing?
Persistent FTDs flag hard-to-borrow conditions that distort put-call parity: in HTB names, synthetic long stock (long call + short put at the same strike) trades below the frictionless-parity price by approximately the borrow rebate. The discount equals the lending revenue forgone by holding the synthetic instead of actual shares. Reg SHO threshold-list inclusion follows from sustained FTD persistence.