Vanguard Short Duration Tax-Exempt Bond ETF
VSDM
75 hedge funds and large institutions have $117M invested in Vanguard Short Duration Tax-Exempt Bond ETF in 2025 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 30 increasing their positions, 4 reducing their positions, and 6 closing their positions.
650% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 4
467% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 6
56% more funds holding
Funds holding: 48 → 75 (+27)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
37% more capital invested
Capital invested by funds: $85.5M → $117M (+$31.5M)
2.27% less ownership
Funds ownership: 41.91% → 39.64% (-2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
S.A. Mason
Holland,
Michigan
|
+$6.39M |
| 2 |
CISOA
Capital Investment Services of America
Milwaukee,
Wisconsin
|
+$6.06M |
| 3 |
Jane Street
New York
|
+$4.03M |
| 4 |
MSWM
Master's Wealth Management
Lancaster,
Pennsylvania
|
+$3.28M |
| 5 |
MFWP
Mosaic Family Wealth Partners
St. Louis,
Missouri
|
+$3.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VP
Verum Partners
Charlotte,
North Carolina
|
-$15.7M |
| 2 |
VBA
von Borstel & Associates
The Dalles,
Oregon
|
-$2.62M |
| 3 |
WF
Wayfinding Financial
Lynnwood,
Washington
|
-$1.12M |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$665K |
| 5 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
-$497K |
VSDM Hedge Fund Activity: Q4 2025 in Review
75 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Vanguard Short Duration Tax-Exempt Bond ETF (VSDM) for Q4 2025, worth a combined $117M — up 37% from $85.5M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new VSDM positions and 6 closed out — a net gain of 28 holders — while 30 added to existing stakes and 4 trimmed.
The largest buyer was S.A. Mason, opening a new position worth an estimated $6.39M. The largest seller was Verum Partners, cutting an estimated $15.7M.
- 75 institutional investors held Vanguard Short Duration Tax-Exempt Bond ETF (VSDM) as of Q4 2025, up from 48 in Q3 2025.
- Funds reported $117M of Vanguard Short Duration Tax-Exempt Bond ETF stock for Q4 2025, up 37% quarter-over-quarter.
- 34 funds opened new Vanguard Short Duration Tax-Exempt Bond ETF positions in Q4 2025 and 6 closed out, a net change of +28 holders.
- The largest Vanguard Short Duration Tax-Exempt Bond ETF buyer in Q4 2025 was S.A. Mason, an estimated $6.39M added.
- The largest Vanguard Short Duration Tax-Exempt Bond ETF seller in Q4 2025 was Verum Partners, an estimated $15.7M sold.
Based on aggregated 13F filings for Q4 2025.