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Vanguard Tax-Exempt Bond Index Fund

578 hedge funds and large institutions have $7.75B invested in Vanguard Tax-Exempt Bond Index Fund in 2021 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 295 increasing their positions, 123 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

163% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 24

140% more repeat investments, than reductions

Existing positions increased: 295 | Existing positions reduced: 123

14% more capital invested

Capital invested by funds: $6.8B → $7.75B (+$955M)

7% more funds holding

Funds holding: 542578 (+36)

0.98% more ownership

Funds ownership: 67.22%68.19% (+0.98%)

8% less funds holding in top 10

Funds holding in top 10: 3835 (-3)

Holders
578
Holders Change
+36
Holders Change %
+6.64%
% of All Funds
10.15%
Holding in Top 10
35
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-7.89%
% of All Funds
0.61%
New
63
Increased
295
Reduced
123
Closed
24
Calls
$350K
Puts
Net Calls
+$350K
Net Calls Change
+$350K
Name Holding Trade Value Shares
Change
Change in
Stake
PI
176
PFS Investments
Georgia
$2.61M -$724K -13,176 -22%
HCM
177
Howard Capital Management
Georgia
$2.56M -$89.5K -1,629 -3%
AIS
178
American Investment Services
Massachusetts
$2.55M +$587K +10,682 +30%
ASN
179
Advisory Services Network
Georgia
$2.54M +$63.7K +1,160 +3%
MWM
180
Merriman Wealth Management
Washington
$2.54M +$210K +3,817 +9%
MCG
181
MACRO Consulting Group
New Jersey
$2.51M +$194K +3,532 +8%
BWA
182
BDO Wealth Advisors
Florida
$2.5M -$168K -3,060 -6%
MFA
183
Mayflower Financial Advisors
Massachusetts
$2.48M
CSM
184
CAMG Solamere Management
North Carolina
$2.46M
ZF
185
Zhang Financial
Michigan
$2.46M +$2.47M +44,994 New
CWM
186
Cornerstone Wealth Management
Missouri
$2.44M +$242K +4,398 +11%
W
187
WealthStone
Ohio
$2.43M
NW
188
NewEdge Wealth
Pennsylvania
$2.4M +$2.41M +43,862 New
GEA
189
Glen Eagle Advisors
New Jersey
$2.39M +$148K +2,685 +7%
RA
190
RFG Advisory
Alabama
$2.39M +$1.43M +26,103 +149%
MAP
191
Milestone Advisory Partners
North Carolina
$2.37M +$184K +3,349 +8%
NGA
192
Naples Global Advisors
Florida
$2.27M +$15.1K +274 +0.7%
EA
193
Elm Advisors
California
$2.25M -$421K -7,660 -16%
CPO
194
Cerity Partners OCIO
New York
$2.23M +$148K +2,694 +7%
MIM
195
Moseley Investment Management
Florida
$2.21M +$972K +17,694 +78%
BDF
196
Black Diamond Financial
Maryland
$2.15M +$24K +436 +1%
VWA
197
Visionary Wealth Advisors
Illinois
$2.11M +$468K +8,518 +28%
TFA
198
Trinity Financial Advisors
Ohio
$2.1M +$1.45M +26,385 +220%
William Blair & Company
199
William Blair & Company
Illinois
$2.08M +$524K +9,542 +33%
Deutsche Bank
200
Deutsche Bank
Germany
$2.05M +$1.65M +29,966 +401%

VTEB Hedge Fund Activity: Q1 2021 in Review

578 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Vanguard Tax-Exempt Bond Index Fund (VTEB) for Q1 2021, worth a combined $7.75B — up 14% from $6.8B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new VTEB positions and 24 closed out — a net gain of 39 holders — while 295 added to existing stakes and 123 trimmed.

The largest buyer was Wealthfront Advisers, adding an estimated $247M. The largest seller was JP Morgan Chase, cutting an estimated $11.9M.

  • 578 institutional investors held Vanguard Tax-Exempt Bond Index Fund (VTEB) as of Q1 2021, up from 542 in Q4 2020.
  • Funds reported $7.75B of Vanguard Tax-Exempt Bond Index Fund stock for Q1 2021, up 14% quarter-over-quarter.
  • 63 funds opened new Vanguard Tax-Exempt Bond Index Fund positions in Q1 2021 and 24 closed out, a net change of +39 holders.
  • The largest Vanguard Tax-Exempt Bond Index Fund buyer in Q1 2021 was Wealthfront Advisers, an estimated $247M added.
  • The largest Vanguard Tax-Exempt Bond Index Fund seller in Q1 2021 was JP Morgan Chase, an estimated $11.9M sold.

Based on aggregated 13F filings for Q1 2021.