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Vanguard Short-Term Tax-Exempt Bond ETF

75 hedge funds and large institutions have $234M invested in Vanguard Short-Term Tax-Exempt Bond ETF in 2023 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 22 increasing their positions, 6 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,400% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 3

267% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 6

130% more capital invested

Capital invested by funds: $102M → $234M (+$132M)

127% more funds holding

Funds holding: 3375 (+42)

11.42% more ownership

Funds ownership: 44.84%56.26% (+11%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
75
Holders Change
+42
Holders Change %
+127.27%
% of All Funds
1.09%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
45
Increased
22
Reduced
6
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Jane Street
1
Jane Street
New York
$95.9M +$68.9M +690,876 +271%
WFAG
2
Wescott Financial Advisory Group
Pennsylvania
$48.8M +$2.53M +25,344 +6%
BHWM
3
Beaird Harris Wealth Management
Texas
$18.6M +$15.4M +154,778 +545%
CISOA
4
Capital Investment Services of America
Wisconsin
$6.68M +$3.55M +35,650 +118%
Bank of Montreal
5
Bank of Montreal
Ontario, Canada
$6.06M +$2.69M +27,000 +78%
LFA
6
Landmark Financial Advisors
Kentucky
$5.39M +$532K +5,332 +11%
RJA
7
Raymond James & Associates
Florida
$4.83M +$4.75M +47,619 New
Bank of America
8
Bank of America
North Carolina
$4.75M +$4.66M +46,744 +46,744%
FCI
9
Financial Counselors Inc
Kansas
$3.96M +$3.89M +39,025 New
PCI
10
Planning Center Inc
Illinois
$3.25M +$3.19M +32,002 New
WIC
11
Whitegate Investment Counselors
New Hampshire
$2.41M +$1.59M +15,900 +203%
DPI
12
Diversified Portfolios Inc
Michigan
$2.07M +$2.03M +20,399 New
KC
13
Kades & Cheifetz
Pennsylvania
$1.98M +$1.95M +19,518 New
SFP
14
Sterling Financial Planning
New Jersey
$1.77M +$1.34M +13,429 +333%
FCM
15
Firestone Capital Management
Florida
$1.69M +$1.38M +13,804 +478%
SOAG
16
Silver Oak Advisory Group
Oregon
$1.61M +$887K +8,890 +126%
Financial Engines Advisors
17
Financial Engines Advisors
California
$1.38M +$1.35M +13,560 New
SA
18
Sunesis Advisors
Kansas
$1.22M +$1.2M +11,984 New
EIA
19
Eldridge Investment Advisors
New Hampshire
$1.06M +$1.04M +10,412 New
SPP
20
Single Point Partners
Massachusetts
$979K +$963K +9,657 New
Cetera Investment Advisers
21
Cetera Investment Advisers
Illinois
$863K -$114K -1,139 -12%
PAG
22
Private Advisor Group
New Jersey
$849K +$258K +2,591 +45%
ML
23
Mayport LLC
Massachusetts
$803K +$414K +4,150 +110%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$783K +$407K +4,082 +112%
WG
25
Watchman Group
Texas
$746K +$31.9K +320 +5%

VTES Hedge Fund Activity: Q4 2023 in Review

75 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Vanguard Short-Term Tax-Exempt Bond ETF (VTES) for Q4 2023, worth a combined $234M — up 130% from $102M a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new VTES positions and 3 closed out — a net gain of 42 holders — while 22 added to existing stakes and 6 trimmed.

The largest buyer was Jane Street, adding an estimated $68.9M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $6.69M sold.

  • 75 institutional investors held Vanguard Short-Term Tax-Exempt Bond ETF (VTES) as of Q4 2023, up from 33 in Q3 2023.
  • Funds reported $234M of Vanguard Short-Term Tax-Exempt Bond ETF stock for Q4 2023, up 130% quarter-over-quarter.
  • 45 funds opened new Vanguard Short-Term Tax-Exempt Bond ETF positions in Q4 2023 and 3 closed out, a net change of +42 holders.
  • The largest Vanguard Short-Term Tax-Exempt Bond ETF buyer in Q4 2023 was Jane Street, an estimated $68.9M added.
  • The largest Vanguard Short-Term Tax-Exempt Bond ETF seller in Q4 2023 was JP Morgan Chase, an estimated $6.69M sold.

Based on aggregated 13F filings for Q4 2023.