Vanguard Short-Term Tax-Exempt Bond ETF
VTES
155 hedge funds and large institutions have $345M invested in Vanguard Short-Term Tax-Exempt Bond ETF in 2025 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 78 increasing their positions, 26 reducing their positions, and 8 closing their positions.
263% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 8
200% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 26
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
31% more capital invested
Capital invested by funds: $264M → $345M (+$81.2M)
14% more funds holding
Funds holding: 136 → 155 (+19)
0.91% more ownership
Funds ownership: 45.35% → 46.26% (+0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Corient Private Wealth
Miami,
Florida
|
+$16.9M |
| 2 |
HFS
Hughes Financial Services
Herndon,
Virginia
|
+$5.38M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$4.33M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.16M |
| 5 |
Jane Street
New York
|
+$3.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHWM
Beaird Harris Wealth Management
Dallas,
Texas
|
-$1.45M |
| 2 |
BAG
Bridgewealth Advisory Group
Fresno,
California
|
-$963K |
| 3 |
SLWA
San Luis Wealth Advisors
San Luis Obispo,
California
|
-$960K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$915K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$798K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
151
MAI Capital Management
Independence,
Ohio
| $30.1K | – | – | – |
|
|
IA
152
IFP Advisors
Tampa,
Florida
| $25.4K | +$101 | +1 | +0.4% |
|
153
CIBC Private Wealth Group
Atlanta,
Georgia
| $19.9K | – | – | – |
|
|
PWA
154
Physician Wealth Advisors
Midvale,
Utah
| $19.8K | – | – | – |
|
|
CF
155
Conquis Financial
Milbrae,
California
| $12.3K | – | – | – |
|
|
ANBT
156
American National Bank & Trust
Wichita Falls,
Texas
| $8.44K | +$3.42K | +34 | +68% |
|
|
BAG
157
Bridgewealth Advisory Group
Fresno,
California
| – | -$963K | -9,568 | Closed |
|
|
158
Stifel Financial
St. Louis,
Missouri
| – | -$915K | -9,131 | Closed |
|
|
HF
159
HRT Financial
New York
| – | -$731K | -7,300 | Closed |
|
|
JSA
160
Jacobson & Schmitt Advisors
Middleton,
Wisconsin
| – | -$684K | -6,822 | Closed |
|
|
WG
161
Watchman Group
Plano,
Texas
| – | -$502K | -5,011 | Closed |
|
162
Lido Advisors
Los Angeles,
California
| – | -$300K | -2,993 | Closed |
|
163
US Bancorp
Minneapolis,
Minnesota
| – | -$55.1K | -550 | Closed |
|
164
Fidelity Investments
Boston,
Massachusetts
| – | -$100 | -1 | Closed |
|
VTES Hedge Fund Activity: Q1 2025 in Review
155 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Vanguard Short-Term Tax-Exempt Bond ETF (VTES) for Q1 2025, worth a combined $345M — up 31% from $264M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new VTES positions and 8 closed out — a net gain of 21 holders — while 78 added to existing stakes and 26 trimmed.
The largest buyer was Corient Private Wealth, adding an estimated $16.9M. The largest seller was Beaird Harris Wealth Management, cutting an estimated $1.45M.
- 155 institutional investors held Vanguard Short-Term Tax-Exempt Bond ETF (VTES) as of Q1 2025, up from 136 in Q4 2024.
- Funds reported $345M of Vanguard Short-Term Tax-Exempt Bond ETF stock for Q1 2025, up 31% quarter-over-quarter.
- 29 funds opened new Vanguard Short-Term Tax-Exempt Bond ETF positions in Q1 2025 and 8 closed out, a net change of +21 holders.
- The largest Vanguard Short-Term Tax-Exempt Bond ETF buyer in Q1 2025 was Corient Private Wealth, an estimated $16.9M added.
- The largest Vanguard Short-Term Tax-Exempt Bond ETF seller in Q1 2025 was Beaird Harris Wealth Management, an estimated $1.45M sold.
Based on aggregated 13F filings for Q1 2025.