Vanguard Intermediate-Term Tax-Exempt Bond ETF
VTEI
109 hedge funds and large institutions have $542M invested in Vanguard Intermediate-Term Tax-Exempt Bond ETF in 2025 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 48 increasing their positions, 12 reducing their positions, and 11 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 12
209% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
87% more capital invested
Capital invested by funds: $290M → $542M (+$253M)
25% more funds holding
Funds holding: 87 → 109 (+22)
11.13% more ownership
Funds ownership: 50.46% → 61.59% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UA
Unison Advisors
Washington,
District of Columbia
|
+$156M |
| 2 |
TIAA Trust, National Association
Charlotte,
North Carolina
|
+$27.5M |
| 3 |
SI
Seeds Investor
New York
|
+$15.9M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$8.86M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$2.24M |
| 2 |
Jane Street
New York
|
-$2.07M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.12M |
| 4 |
PCMC
Paragon Capital Management (Colorado)
Denver,
Colorado
|
-$586K |
| 5 |
MCCA
Mill Creek Capital Advisors
Conshohocken,
Pennsylvania
|
-$565K |
VTEI Hedge Fund Activity: Q3 2025 in Review
109 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) for Q3 2025, worth a combined $542M — up 87% from $290M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new VTEI positions and 11 closed out — a net gain of 23 holders — while 48 added to existing stakes and 12 trimmed.
The largest buyer was Unison Advisors, adding an estimated $156M. The largest seller was Old Mission Capital, exiting entirely with an estimated $2.24M sold.
- 109 institutional investors held Vanguard Intermediate-Term Tax-Exempt Bond ETF (VTEI) as of Q3 2025, up from 87 in Q2 2025.
- Funds reported $542M of Vanguard Intermediate-Term Tax-Exempt Bond ETF stock for Q3 2025, up 87% quarter-over-quarter.
- 34 funds opened new Vanguard Intermediate-Term Tax-Exempt Bond ETF positions in Q3 2025 and 11 closed out, a net change of +23 holders.
- The largest Vanguard Intermediate-Term Tax-Exempt Bond ETF buyer in Q3 2025 was Unison Advisors, an estimated $156M added.
- The largest Vanguard Intermediate-Term Tax-Exempt Bond ETF seller in Q3 2025 was Old Mission Capital, an estimated $2.24M sold.
Based on aggregated 13F filings for Q3 2025.