Vanguard Short-Term Tax-Exempt Bond ETF
VTES
281 hedge funds and large institutions have $820M invested in Vanguard Short-Term Tax-Exempt Bond ETF in 2026 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 135 increasing their positions, 49 reducing their positions, and 9 closing their positions.
478% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 9
176% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 49
17% more funds holding
Funds holding: 240 → 281 (+41)
7% more capital invested
Capital invested by funds: $766M → $820M (+$53.8M)
3.13% less ownership
Funds ownership: 50.13% → 47% (-3.1%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$10.2M |
| 2 |
Morgan Stanley
New York
|
+$8.88M |
| 3 |
WFAG
Wescott Financial Advisory Group
Philadelphia,
Pennsylvania
|
+$5.81M |
| 4 |
G
GenTrust
Miami,
Florida
|
+$3.27M |
| 5 |
Mariner
Overland Park,
Kansas
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIAA Trust, National Association
Charlotte,
North Carolina
|
-$28.4M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$23.2M |
| 3 |
BFC
Bedel Financial Consulting
Indianapolis,
Indiana
|
-$13.3M |
| 4 |
MPW
MGO Private Wealth
Irvine,
California
|
-$5M |
| 5 |
Goldman Sachs
New York
|
-$4.91M |
VTES Hedge Fund Activity: Q1 2026 in Review
281 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Vanguard Short-Term Tax-Exempt Bond ETF (VTES) for Q1 2026, worth a combined $820M — up 7% from $766M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new VTES positions and 9 closed out — a net gain of 43 holders — while 135 added to existing stakes and 49 trimmed.
The largest buyer was Bank of America, adding an estimated $10.2M. The largest seller was TIAA Trust, National Association, cutting an estimated $28.4M.
- 281 institutional investors held Vanguard Short-Term Tax-Exempt Bond ETF (VTES) as of Q1 2026, up from 240 in Q4 2025.
- Funds reported $820M of Vanguard Short-Term Tax-Exempt Bond ETF stock for Q1 2026, up 7% quarter-over-quarter.
- 52 funds opened new Vanguard Short-Term Tax-Exempt Bond ETF positions in Q1 2026 and 9 closed out, a net change of +43 holders.
- The largest Vanguard Short-Term Tax-Exempt Bond ETF buyer in Q1 2026 was Bank of America, an estimated $10.2M added.
- The largest Vanguard Short-Term Tax-Exempt Bond ETF seller in Q1 2026 was TIAA Trust, National Association, an estimated $28.4M sold.
Based on aggregated 13F filings for Q1 2026.