Vanguard Short Duration Tax-Exempt Bond ETF
VSDM
48 hedge funds and large institutions have $85.5M invested in Vanguard Short Duration Tax-Exempt Bond ETF in 2025 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 23 increasing their positions, 3 reducing their positions, and 1 closing their positions.
1,600% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 1
667% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
56% more capital invested
Capital invested by funds: $55M → $85.5M (+$30.5M)
50% more funds holding
Funds holding: 32 → 48 (+16)
6.5% less ownership
Funds ownership: 48.4% → 41.91% (-6.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
CGN Advisors
Manhattan,
Kansas
|
+$5.58M |
| 2 |
CISOA
Capital Investment Services of America
Milwaukee,
Wisconsin
|
+$4.86M |
| 3 |
KFGG
Keystone Financial Group (Georgia)
Atlanta,
Georgia
|
+$3.55M |
| 4 |
VBA
von Borstel & Associates
The Dalles,
Oregon
|
+$2.61M |
| 5 |
TWM
Topsail Wealth Management
Charlotte,
North Carolina
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Elequin Capital
New York
|
-$2.15M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$238K |
| 3 |
Jane Street
New York
|
-$135K |
| 4 |
WF
Wayfinding Financial
Lynnwood,
Washington
|
-$9.75K |
VSDM Hedge Fund Activity: Q3 2025 in Review
48 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in Vanguard Short Duration Tax-Exempt Bond ETF (VSDM) for Q3 2025, worth a combined $85.5M — up 56% from $55M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new VSDM positions and 1 closed out — a net gain of 16 holders — while 23 added to existing stakes and 3 trimmed.
The largest buyer was CGN Advisors, adding an estimated $5.58M. The largest seller was Elequin Capital, cutting an estimated $2.15M.
- 48 institutional investors held Vanguard Short Duration Tax-Exempt Bond ETF (VSDM) as of Q3 2025, up from 32 in Q2 2025.
- Funds reported $85.5M of Vanguard Short Duration Tax-Exempt Bond ETF stock for Q3 2025, up 56% quarter-over-quarter.
- 17 funds opened new Vanguard Short Duration Tax-Exempt Bond ETF positions in Q3 2025 and 1 closed out, a net change of +16 holders.
- The largest Vanguard Short Duration Tax-Exempt Bond ETF buyer in Q3 2025 was CGN Advisors, an estimated $5.58M added.
- The largest Vanguard Short Duration Tax-Exempt Bond ETF seller in Q3 2025 was Elequin Capital, an estimated $2.15M sold.
Based on aggregated 13F filings for Q3 2025.