V
Vanguard Short-Term Tax-Exempt Bond
VTES • ARCA
Vanguard Short-Term Tax-Exempt Bond is an exchange-traded fund on ARCA. As of Q3 2025, 204 institutional investors hold shares in this ETF, with total holdings valued at $679.0M. MERCER GLOBAL ADVISORS INC /ADV is the largest holder with a position valued at $140.1M.
Overview
Overview of institutional ownership in VTES as of Q3 2025
All Institutions
- Institutions
- 204
- Value Held
- $679.0M
- Shares Held
- 6.7M
- Avg Position
- $3.3M
- Median Position
- $792.7K
Hedge Funds
- Hedge Funds
- 3
- Value Held
- $3.8M
- Shares Held
- 37.6K
- Avg Position
- $1.3M
- Median Position
- $1.7M
Biggest Investors
Institutions with the largest positions in VTES as of Q3 2025
| Institution | Position Value |
|---|---|
 MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth | $140.1M 0.23% of portfolio |
 Wescott Financial Advisory Group, LLC RIA/Wealth | $64.8M 5.82% of portfolio |
G Gleason Group, Inc. Institution | $31.0M 3.12% of portfolio |
K Karpus Management, Inc. Institution | $30.6M 0.98% of portfolio |
 BANK OF AMERICA CORP /DE/ Institution | $26.5M 0.00% of portfolio |
T TIAA TRUST, NATIONAL ASSOCIATION Institution | $25.5M 0.06% of portfolio |
 SEEDS INVESTOR LLC Long Only Manager | $18.6M 3.93% of portfolio |
C CI Private Wealth, LLC RIA/Wealth | $16.7M 0.03% of portfolio |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | $14.5M 0.00% of portfolio |
 Cetera Investment Advisers RIA/Wealth | $12.0M 0.01% of portfolio |
Net Capital Flow
Institutional buying and selling activity for VTES in Q3 2025
- Net Flow
- +$61.3M
- Buyers
- 98
- Sellers
- 56
- Total Bought
- +$85.0M
- Total Sold
- −$23.7M
- Avg Position
- $3.4M
Biggest Buyers
| Institution | Net Bought |
|---|---|
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth | +$11.4M +111.9K shares |
K Karpus Management, Inc. Institution | +$6.9M +68.2K shares |
RAYMOND JAMES FINANCIAL INC RIA/Wealth | +$6.1M +59.9K shares |
B Berkshire Bank Institution | +$5.8M +57.3K shares |
 Savant Capital, LLC RIA/Wealth | +$5.5M +54.0K shares |
 Beacon Pointe Advisors, LLC RIA/Wealth | +$5.0M +49.5K shares |
BANK OF AMERICA CORP /DE/ Institution | +$4.0M +39.4K shares |
 Buckingham Strategic Partners RIA/Wealth | +$3.8M +37.2K shares |
 WELLS FARGO & COMPANY/MN Institution | +$2.8M +27.3K shares |
J JONES FINANCIAL COMPANIES LLLP Institution | +$2.2M +21.6K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
J JANE STREET GROUP, LLC Institution | −$9.1M −90.1K shares |
R ROYAL BANK OF CANADA Institution | −$3.3M −32.9K shares |
 SRS Capital Advisors, Inc. RIA/Wealth | −$1.2M −12.3K shares |
 BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds | −$933.6K −9.3K shares |
 Passive Capital Management, LLC. RIA/Wealth | −$909.7K −8.9K shares |
−$875.3K −8.7K shares | |
 KESTRA PRIVATE WEALTH SERVICES, LLC RIA/Wealth | −$794.1K −7.8K shares |
−$419.2K −4.1K shares | |
 COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth | −$377.4K −3.7K shares |
 BURNEY CO/ RIA/Wealth | −$374.9K −3.7K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited VTES in Q3 2025
- New Positions
- 24
- New Value
- $38.2M
- Exited Positions
- 11
- Exited Value
- $13.5M
New Positions
| Institution | Position Value |
|---|---|
T TIAA TRUST, NATIONAL ASSOCIATION Institution | $25.5M 250.0K shares |
 TCI Wealth Advisors, Inc. RIA/Wealth | $4.0M 39.5K shares |
C Choate Investment Advisors RIA/Wealth | $1.8M 17.7K shares |
 Janney Montgomery Scott LLC RIA/Wealth | $1.1M 11.1K shares |
P PFG Private Wealth Management, LLC RIA/Wealth | $655.8K 6.4K shares |
 Rockbridge Investment Management, LCC RIA/Wealth | $459.6K 4.5K shares |
 Fortune Financial Advisors, LLC RIA/Wealth | $449.3K 4.4K shares |
 Piscataqua Savings Bank RIA/Wealth | $407.7K 4.0K shares |
 Innova Wealth Partners RIA/Wealth | $321.1K 3.2K shares |
S SNS Financial Group, LLC Institution | $319.9K 3.1K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
J JANE STREET GROUP, LLC Institution | $9.1M 90.1K shares |
SRS Capital Advisors, Inc. RIA/Wealth | $1.2M 12.3K shares |
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds | $933.6K 9.3K shares |
$875.3K 8.7K shares | |
F FLOW TRADERS U.S. LLC Institution | $371.4K 3.7K shares |
C CLS Investments, LLC Institution | $291.9K 2.9K shares |
 FIRST MANHATTAN CO Institution | $226.1K 2.2K shares |
R Rialto Wealth Management, LLC RIA/Wealth | $221.4K 2.2K shares |
 SCS Capital Management LLC RIA/Wealth | $209.9K 2.1K shares |
 CONQUIS FINANCIAL LLC RIA/Wealth | $12.3K 122.0 shares |
Options Activity
Institutions with the largest Call and Put options positions in VTES as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with VTES as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
Wescott Financial Advisory Group, LLC RIA/Wealth | 5.82% $64.8M |
SEEDS INVESTOR LLC Long Only Manager | 3.93% $18.6M |
G Gleason Group, Inc. Institution | 3.12% $31.0M |
 MGO Private Wealth, LLC RIA/Wealth | 3.09% $5.2M |
B Berkshire Bank Institution | 1.81% $8.4M |
 Haven Private, LLC RIA/Wealth | 1.44% $3.3M |
G GENESIS PRIVATE WEALTH, LLC Institution | 1.29% $3.1M |
 BlueChip Wealth Advisors LLC RIA/Wealth | 1.19% $2.7M |
H Hughes Financial Services, LLC RIA/Wealth | 1.15% $7.2M |
 Silver Oak Advisory Group, Inc. RIA/Wealth | 1.08% $2.2M |
Hedge Fund Spotlight
Discover hedge funds investing in VTES
CITADEL ADVISORS LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerKenneth Cordele Griffin
- Portfolio Value
- $122.08B
- Positions
- 5,531
- Last Reported
- Q3 2025
Sector Allocation
V
Position in Vanguard Short-Term Tax-Exempt Bond
- Market Value
- $1.7M
- Shares Held
- 16.4K
- Portfolio Weight
- 0.00%
- Owned Since
- 2025-Q2
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Software - Infrastructure Technology | $2.1B | 1.68% | |
Semiconductors Technology | $1.8B | 1.50% | |
Internet Content & Information Communication Services | $1.4B | 1.18% |
