Vanguard Long-Term Tax-Exempt Bond ETF
VTEL
18 hedge funds and large institutions have $49.6M invested in Vanguard Long-Term Tax-Exempt Bond ETF in 2025 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 5 increasing their positions, 0 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
99% more capital invested
Capital invested by funds: $24.9M → $49.6M (+$24.6M)
64% more funds holding
Funds holding: 11 → 18 (+7)
3.09% more ownership
Funds ownership: 32.34% → 35.42% (+3.1%)
77% less call options, than puts
Call options by funds: $101K | Put options by funds: $443K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$10.7M |
| 2 |
Jane Street
New York
|
+$8.08M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.33M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.2M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Elequin Capital
New York
|
-$540K |
| 2 |
QCM
Quantinno Capital Management
New York
|
-$495K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$51.4K |
VTEL Hedge Fund Activity: Q4 2025 in Review
18 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Vanguard Long-Term Tax-Exempt Bond ETF (VTEL) for Q4 2025, worth a combined $49.6M — up 99% from $24.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new VTEL positions and 3 closed out — a net gain of 7 holders — while 5 added to existing stakes and 0 trimmed.
The largest buyer was HighTower Advisors, adding an estimated $10.7M. The largest seller was Elequin Capital, exiting entirely with an estimated $540K sold.
- 18 institutional investors held Vanguard Long-Term Tax-Exempt Bond ETF (VTEL) as of Q4 2025, up from 11 in Q3 2025.
- Funds reported $49.6M of Vanguard Long-Term Tax-Exempt Bond ETF stock for Q4 2025, up 99% quarter-over-quarter.
- 10 funds opened new Vanguard Long-Term Tax-Exempt Bond ETF positions in Q4 2025 and 3 closed out, a net change of +7 holders.
- The largest Vanguard Long-Term Tax-Exempt Bond ETF buyer in Q4 2025 was HighTower Advisors, an estimated $10.7M added.
- The largest Vanguard Long-Term Tax-Exempt Bond ETF seller in Q4 2025 was Elequin Capital, an estimated $540K sold.
Based on aggregated 13F filings for Q4 2025.