We are live on ! Find out more
VTEC icon

Vanguard California Tax-Exempt Bond ETF
VTEC

63 hedge funds and large institutions have $313M invested in Vanguard California Tax-Exempt Bond ETF in 2025 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 5 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 5

36% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 11

21% more capital invested

Capital invested by funds: $258M → $313M (+$54.7M)

7% more funds holding

Funds holding: 59 → 63 (+4)

4.09% more ownership

Funds ownership: 48.93% → 53.02% (+4.1%)

Holders
63
Holders Change
+4
Holders Change %
+6.78%
% of All Funds
0.84%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
15
Increased
25
Reduced
5
Closed
11
Calls
$9K
Puts
–
Net Calls
+$9K
Net Calls Change
+$9K

Top Buyers

1
Charles Schwab
Charles Schwab
California
+$45.7M
2
CAPTRUST Financial Advisors
CAPTRUST Financial Advisors
North Carolina
+$6.61M
3
Bank of America
Bank of America
North Carolina
+$4.45M
4
BC
Brio Consultants
California
+$4.42M
5
GAM
Gotham Asset Management
New York
+$3.93M

Top Sellers

1
Jane Street
Jane Street
New York
-$14.4M
2
OMC
Old Mission Capital
Illinois
-$5.34M
3
BAG
Bridgewealth Advisory Group
California
-$1.17M
4
BPA
Beacon Pointe Advisors
California
-$1M
5
DAS
Diversify Advisory Services
Utah
-$896K
Name Holding Trade Value Shares
Change 		Change in
Stake
RPGK
26
Retirement Planning Group (Kansas)
Kansas
$927K +$936K +9,426 New
LPL Financial
27
LPL Financial
California
$874K +$103K +1,041 +13%
RFP
28
Root Financial Partners
California
$835K +$246K +2,480 +41%
NBWM
29
North Berkeley Wealth Management
California
$819K – – –
BEW
30
Burton Enright Welch
California
$775K +$228K +2,295 +41%
VAF
31
Values Added Financial
District of Columbia
$718K – – –
OWM
32
Opes Wealth Management
California
$556K – – –
KWS
33
Keystone Wealth Services
California
$556K +$188K +1,892 +50%
ASG
34
Ariston Services Group
California
$533K -$268K -2,696 -33%
Wealth Enhancement Advisory Services
35
Wealth Enhancement Advisory Services
Minnesota
$496K +$501K +5,045 New
MWM
36
Meridian Wealth Management
Kentucky
$483K – – –
EWP
37
Elevation Wealth Partners
California
$429K +$2.38K +24 +0.6%
NA
38
Nautilus Advisors
California
$417K +$22.3K +225 +6%
AQR Capital Management
39
AQR Capital Management
Connecticut
$417K +$421K +4,236 New
TA
40
TPG Advisors
Illinois
$394K – – –
NA
41
NewEdge Advisors
Louisiana
$331K – – –
TWM
42
Tolleson Wealth Management
Texas
$325K – – –
SM
43
Sweeney & Michel
California
$314K +$326K +3,284 New
FFG
44
Fiduciary Financial Group
California
$301K +$309K +3,108 New
HF
45
HRT Financial
New York
$282K -$558K -5,617 -66%
QCM
46
Quantinno Capital Management
New York
$280K +$283K +2,850 New
CC
47
Climber Capital
Switzerland
$266K +$309K +3,110 New
CWP
48
Core Wealth Partners
California
$260K – – –
BCM
49
Blume Capital Management
California
$246K – – –
AL
50
Aspiriant LLC
California
$246K +$2.98K +30 +1%
1
2
3

VTEC Hedge Fund Activity: Q1 2025 in Review

63 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Vanguard California Tax-Exempt Bond ETF (VTEC) for Q1 2025, worth a combined $313M — up 21% from $258M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new VTEC positions and 11 closed out — a net gain of 4 holders — while 25 added to existing stakes and 5 trimmed.

The largest buyer was Charles Schwab, adding an estimated $45.7M. The largest seller was Jane Street, cutting an estimated $14.4M.

  • 63 institutional investors held Vanguard California Tax-Exempt Bond ETF (VTEC) as of Q1 2025, up from 59 in Q4 2024.
  • Funds reported $313M of Vanguard California Tax-Exempt Bond ETF stock for Q1 2025, up 21% quarter-over-quarter.
  • 15 funds opened new Vanguard California Tax-Exempt Bond ETF positions in Q1 2025 and 11 closed out, a net change of +4 holders.
  • The largest Vanguard California Tax-Exempt Bond ETF buyer in Q1 2025 was Charles Schwab, an estimated $45.7M added.
  • The largest Vanguard California Tax-Exempt Bond ETF seller in Q1 2025 was Jane Street, an estimated $14.4M sold.

Based on aggregated 13F filings for Q1 2025.