VANGUARD MUN BD FDS (VTEB)
Institutional ownership reported to the SEC as of Q3 2026, across 32 quarters.
88
Reporting holders
$439.2M
Reported value
0.0%
Calls
0.0%
Puts
-1,322
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| Wedmont Private Capital | $43.1M | 914,576 | 1.03% | 20q | -57.8%-$59.1M |
| Boston Standard Wealth Management, LLC | $30.6M | 645,412 | 4.39% | new | NEW |
| Apella Capital, LLC | $24.7M | 524,949 | 0.31% | 26q | +4.1%+$976.7K |
| Heartwood Wealth Advisors LLC | $24.5M | 517,180 | 1.93% | 28q | +0.8%+$198.4K |
| ATMOS ADVISORY, LLC | $21.8M | 460,733 | 11.62% | 20q | +3.0%+$637.9K |
| Avidian Wealth Enterprises, LLC | $19.7M | 415,790 | 0.55% | 32q | -48.0%-$18.2M |
| Stairway Partners, LLC | $19.0M | 400,223 | 0.90% | 15q | -0.6%-$108.9K |
| Towneley Capital Management, Inc / DE | $17.4M | 367,749 | 3.45% | 12q | -1.2%-$209.1K |
| RIVERSEDGE ADVISORS, LLC | $17.0M | 357,963 | 2.09% | 30q | +2.2%+$356.9K |
| Farther Finance Advisors, LLC | $16.8M | 355,489 | 0.12% | 16q | +5.1%+$815.1K |
| Frisco Financial Planning LLC | $15.0M | 316,763 | 11.67% | 8q | +3.6%+$521.9K |
| CoreCap Advisors, LLC | $14.6M | 308,484 | 0.42% | 9q | +6.4%+$873.3K |
| Grove Bank & Trust | $13.5M | 285,370 | 1.34% | 16q | -1.8%-$241.9K |
| Graves Light Lenhart Wealth, Inc. | $13.2M | 277,993 | 1.23% | 10q | +22.2%+$2.4M |
| Stonebridge Financial Group, LLC | $11.7M | 247,197 | 0.86% | 8q | -15.6%-$2.2M |
| Roth Financial Partners LLC | $10.1M | 214,080 | 3.03% | 13q | -10.5%-$1.2M |
| Beacon Wealthcare LLC | $8.8M | 186,761 | 2.80% | 16q | +3.5%+$303.1K |
| COLLECTIVE FAMILY OFFICE LLC | $8.4M | 178,370 | 1.74% | 14q | +234.7%+$5.9M |
| Capital Advisors Wealth Management, LLC | $7.8M | 163,721 | 0.87% | 23q | +7.6%+$548.3K |
| MOODY NATIONAL BANK TRUST DIVISION | $7.5M | 157,974 | 0.62% | 14q | +4.3%+$308.1K |
| RTD Financial Advisors, Inc. | $7.4M | 155,857 | 0.81% | 16q | -11.1%-$919.4K |
| Trinity Financial Advisors LLC | $6.8M | 143,456 | 1.75% | 15q | +6.5%+$412.6K |
| Dickmeyer Boyce Financial Management, Inc. | $4.9M | 104,240 | 2.53% | 3q | -14.3%-$820.5K |
| SigFig Wealth Management, LLC | $4.3M | 90,356 | 0.11% | 23q | +12.9%+$487.9K |
| First Heartland Consultants, Inc. | $4.2M | 89,244 | 0.28% | 32q | +14.6%+$537.1K |
| Insight Wealth Strategies, LLC | $4.1M | 86,913 | 0.41% | 20q | +3.3%+$131.4K |
| STEPH & CO | $3.9M | 81,726 | 0.99% | 28q | +36.2%+$1.0M |
| Valeo Financial Advisors, LLC | $3.6M | 76,444 | 0.08% | 32q | +6.5%+$220.0K |
| ECLECTIC ASSOCIATES INC /ADV | $3.0M | 63,895 | 0.34% | 16q | +27.4%+$651.5K |
| Paragon Capital Management Ltd | $3.0M | 63,743 | 0.56% | 28q | +23.1%+$567.4K |
| McNaughton Wealth Management, LLC | $2.9M | 61,696 | 1.02% | 28q | -9.1%-$290.8K |
| ACIMA PRIVATE WEALTH, LLC | $2.8M | 60,068 | 0.83% | 26q | +10.2%+$263.7K |
| Galvin, Gaustad & Stein, LLC | $2.7M | 56,304 | 0.20% | 24q | -6.2%-$176.7K |
| Great Waters Wealth Management | $2.6M | 54,486 | 0.23% | 16q | -3.9%-$105.0K |
| PRIVATE CLIENT SERVICES, LLC | $2.6M | 54,081 | 0.69% | 12q | +13.2%+$299.6K |
| ACT WEALTH MANAGEMENT, LLC | $2.5M | 51,786 | 0.72% | 9q | +3.4%+$80.3K |
| Sincerus Advisory, LLC | $2.4M | 50,474 | 1.56% | 8q | -20.1%-$603.2K |
| ARMSTRONG ADVISORY GROUP, INC | $2.1M | 43,376 | 0.12% | 16q | +13.8%+$248.5K |
| Coastline Trust Co | $1.6M | 33,933 | 0.15% | 32q | HELD |
| Everhart Financial Group, Inc. | $1.5M | 32,542 | 0.09% | 24q | +1.3%+$19.6K |
| Apeiron RIA LLC | $1.5M | 32,064 | 0.35% | 20q | +55.1%+$540.8K |
| GAMMA Investing LLC | $1.4M | 30,252 | 0.05% | 7q | +28.2%+$315.1K |
| Prosperity Planning, Inc. | $1.3M | 28,393 | 0.30% | 18q | +5.9%+$75.5K |
| FC Advisory LLC | $1.3M | 27,359 | 0.34% | 32q | -12.7%-$188.8K |
| Central Pacific Bank - Trust Division | $1.3M | 26,930 | 0.13% | 2q | HELD |
| TITLEIST ASSET MANAGEMENT, LLC | $1.2M | 25,987 | 0.08% | 8q | +196.5%+$815.7K |
| EPIQ PARTNERS, LLC | $1.2M | 25,741 | 0.53% | 3q | -18.1%-$268.6K |
| LifeGoal Investments, LLC | $1.1M | 22,753 | 0.33% | 8q | +12.4%+$118.6K |
| Aletheian Wealth Advisors LLC | $1.0M | 22,009 | 0.42% | 18q | +0.9%+$9.5K |
| BAKER TILLY WEALTH MANAGEMENT, LLC | $822.3K | 17,363 | 0.16% | 5q | +13.0%+$94.7K |
| Horizons Wealth Management | $810.0K | 17,103 | 0.51% | 17q | +4.5%+$35.0K |
| INSPIRION WEALTH ADVISORS, LLC | $775.9K | 16,384 | 0.09% | 4q | HELD |
| Breakwater Capital Group | $770.6K | 16,272 | 0.09% | 16q | -28.7%-$309.5K |
| YHB Investment Advisors, Inc. | $718.6K | 15,173 | 0.05% | 2q | +201.7%+$480.4K |
| CYPRESS FINANCIAL PLANNING LLC | $708.0K | 14,949 | 0.19% | 4q | +14.4%+$88.8K |
| AMERICAN NATIONAL BANK & TRUST | $660.2K | 13,941 | 0.06% | 14q | +7.7%+$47.1K |
| Midwest Financial Partners Investments, Inc. | $654.5K | 13,819 | 0.25% | 4q | +2.9%+$18.2K |
| Factor Wealth Management LTD | $607.4K | 12,826 | 0.09% | 8q | -29.1%-$249.5K |
| Global Wealth Strategies & Associates | $601.5K | 12,701 | 0.11% | new | NEW |
| Veery Capital, LLC | $523.6K | 11,055 | 0.14% | 24q | -28.0%-$203.4K |
| Hummer Financial Advisory Services Inc | $454.7K | 9,600 | 0.30% | 25q | HELD |
| MassMutual Private Wealth & Trust, FSB | $422.0K | 8,911 | 0.01% | 16q | HELD |
| Dominguez Wealth Management Solutions, Inc. | $383.6K | 8,099 | 0.21% | new | NEW |
| Roan Capital Partners | $358.9K | 7,578 | 0.26% | 3q | HELD |
| Whalen Wealth Management Inc. | $356.6K | 7,529 | 0.15% | 8q | +15.9%+$49.0K |
| First Citizens Financial Corp | $327.4K | 6,912 | 0.14% | 13q | -38.0%-$200.8K |
| Trust Co | $325.1K | 6,865 | 0.03% | 11q | -88.4%-$2.5M |
| BRIGHTON SECURITIES CORP. | $312.6K | 6,601 | 0.13% | 8q | +1.4%+$4.3K |
| Worth Asset Management, LLC | $303.0K | 6,398 | 0.09% | 3q | -38.8%-$192.1K |
| Bill Few Associates, Inc. | $300.0K | 6,334 | 0.06% | 8q | HELD |
| Weaver Consulting Group | $294.4K | 6,216 | 0.06% | new | NEW |
| ROCKLAND TRUST CO | $266.0K | 5,616 | 0.01% | 18q | HELD |
| Pioneer Wealth Management Group | $265.9K | 5,614 | 0.06% | 5q | HELD |
| Successful Portfolios LLC | $241.0K | 5,088 | 0.11% | 4q | -10.7%-$28.9K |
| General Partner, Inc. | $227.7K | 4,808 | 0.12% | 8q | HELD |
| Cadent Capital Advisors, LLC | $212.4K | 4,484 | 0.05% | 2q | HELD |
| Leverty Financial Group, LLC | $203.9K | 4,306 | 0.04% | 12q | -27.9%-$79.0K |
| Exchange Bank | $203.4K | 4,295 | 0.13% | 2q | HELD |
| FINANCIAL MANAGEMENT NETWORK INC | $202.9K | 4,293 | 0.03% | 5q | +0.6%+$1.2K |
| Retirement Wealth Solutions LLC | $122.6K | 2,588 | 0.06% | 8q | +0.9%+$1.0K |
| Versant Capital Management, Inc | $116.8K | 2,466 | 0.01% | 32q | +0.9% |
| CX Institutional | $23.3K | 492,818 | 0.63% | 12q | +15.0%+$3.0K |
| Wealth Enhancement Trust Services, Inc. | $18.1K | 382 | 0.00% | 3q | +172.9%+$11.5K |
| Investors Research Corp | $15.2K | 320 | 0.00% | 21q | HELD |
| Noble Wealth Management PBC | $15.0K | 316 | 0.01% | new | NEW |
| VALLEY WEALTH MANAGERS, INC. | $10.9K | 230 | 0.00% | 18q | HELD |
| Planning Strategies Inc. | $8.3K | 176 | 0.00% | 2q | +13.5% |
| EASTERN BANK | $3.6K | 75 | 0.00% | 9q | -96.7%-$104.8K |
| Pacifica Partners Inc. | $3.0K | 63 | 0.00% | new | NEW |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 88 | $439.2M | 9,280,634 | 6 | 44 | 24 | 0.0% |
| Q2 2026 | 1,410 | $33.4B | 659,477,304 | 112 | 656 | 353 | 0.0% |
| Q1 2026 | 1,355 | $29.1B | 582,558,587 | 99 | 604 | 356 | 0.1% |
| Q4 2025 | 1,324 | $30.4B | 603,698,306 | 86 | 579 | 340 | 0.2% |
| Q3 2025 | 1,239 | $34.1B | 681,407,431 | 92 | 506 | 426 | 0.0% |
| Q2 2025 | 1,218 | $28.2B | 575,227,176 | 92 | 474 | 450 | 0.0% |
| Q1 2025 | 1,227 | $26.7B | 537,169,883 | 91 | 466 | 415 | 0.1% |
| Q4 2024 | 1,230 | $149.1B | 2,974,903,678 | 83 | 519 | 328 | 0.0% |
| Q3 2024 | 1,112 | $154.2B | 3,015,871,395 | 79 | 497 | 291 | 0.0% |
| Q2 2024 | 1,093 | $154.1B | 3,075,585,765 | 81 | 465 | 322 | 0.0% |
| Q1 2024 | 1,062 | $29.9B | 592,433,627 | 65 | 477 | 315 | 0.0% |
| Q4 2023 | 1,076 | $29.8B | 583,464,789 | 125 | 423 | 323 | 0.0% |
| Q3 2023 | 931 | $20.9B | 433,667,145 | 96 | 383 | 275 | 0.0% |
| Q2 2023 | 899 | $21.0B | 418,673,141 | 62 | 366 | 279 | 0.0% |
| Q1 2023 | 881 | $20.5B | 404,220,099 | 87 | 357 | 250 | 0.0% |
| Q4 2022 | 860 | $18.4B | 370,327,936 | 137 | 315 | 259 | 0.0% |
| Q3 2022 | 761 | $12.6B | 261,090,659 | 72 | 303 | 258 | 0.0% |
| Q2 2022 | 771 | $12.9B | 257,492,077 | 123 | 254 | 283 | 0.0% |
| Q1 2022 | 732 | $10.4B | 201,241,269 | 86 | 286 | 224 | 0.0% |
| Q4 2021 | 727 | $10.1B | 183,529,456 | 70 | 287 | 138 | 0.0% |
| Q3 2021 | 638 | $9.4B | 171,689,044 | 60 | 295 | 113 | 0.0% |
| Q2 2021 | 618 | $9.2B | 165,693,934 | 59 | 289 | 103 | 0.0% |
| Q1 2021 | 578 | $7.8B | 142,059,177 | 58 | 273 | 117 | 0.0% |
| Q4 2020 | 542 | $7.3B | 132,972,884 | 57 | 244 | 91 | 0.0% |
| Q3 2020 | 458 | $5.8B | 107,334,256 | 57 | 201 | 91 | 0.0% |
| Q2 2020 | 429 | $5.2B | 96,659,117 | 58 | 178 | 98 | 0.0% |
| Q1 2020 | 409 | $4.3B | 82,759,191 | 59 | 144 | 120 | 0.0% |
| Q4 2019 | 387 | $4.5B | 84,476,613 | 52 | 171 | 52 | 0.0% |
| Q3 2019 | 316 | $3.9B | 73,341,767 | 37 | 135 | 51 | 0.0% |
| Q2 2019 | 292 | $3.5B | 65,567,837 | 37 | 115 | 59 | 0.0% |
| Q1 2019 | 274 | $3.1B | 59,838,037 | 42 | 105 | 62 | 0.0% |
| Q4 2018 | 252 | $2.8B | 55,543,917 | 4 | 6 | 7 | 0.0% |