DaveManuel.com · Institutional Ownership · Who Owns It
VANGUARD MUN BD FDS (VTEI)
Institutional ownership reported to the SEC as of Q2 2026, across 23 quarters.
176
Reporting holders
$808.8M
Reported value
0.1%
Calls
0.0%
Puts
+18
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 |
|---|---|---|---|---|---|
| Unison Advisors LLC | $240.9M | 2,386,124 | 16.80% | 5q | +0.8%+$1.8M |
| FERGUSON WELLMAN CAPITAL MANAGEMENT, INC | $56.7M | 561,581 | 0.69% | 2q | -3.2%-$1.9M |
| TIAA Wealth Investment Management LLC | $41.9M | 414,611 | 0.28% | 2q | -5.5%-$2.5M |
| ENVESTNET ASSET MANAGEMENT INC | $38.7M | 383,067 | 0.01% | 7q | +10.7%+$3.7M |
| BANK OF AMERICA CORP /DE/ | $33.8M | 334,859 | 0.00% | 7q | +62.8%+$13.0M |
| COMMONWEALTH EQUITY SERVICES, LLC | $24.9M | 246,117 | 0.03% | 9q | +4.8%+$1.1M |
| Joel Isaacson & Co., LLC | $24.3M | 240,333 | 0.70% | 10q | +3.8%+$886.6K |
| HighTower Advisors, LLC | $23.9M | 236,290 | 0.02% | 5q | +8.2%+$1.8M |
| Cetera Investment Advisers | $20.5M | 203,435 | 0.02% | 8q | +2.7%+$539.7K |
| Avantax Planning Partners, Inc. | $18.9M | 187,307 | 0.47% | 7q | -1.6%-$302.9K |
| SEEDS INVESTOR LLC | $16.5M | 163,498 | 1.70% | 5q | HELD |
| HALL CAPITAL MANAGEMENT CO INC | $14.8M | 146,836 | 4.62% | new | NEW |
| Merit Financial Group, LLC | $14.1M | 139,584 | 0.09% | 3q | +59.1%+$5.2M |
| Aspire Private Capital, LLC | $13.8M | 137,153 | 2.86% | 6q | +16.4%+$2.0M |
| Equitable Holdings, Inc. | $12.8M | 126,352 | 0.08% | 6q | -9.0%-$1.3M |
| KEYVANTAGE WEALTH, LLC | $9.5M | 94,424 | 3.61% | 3q | +568.6%+$8.1M |
| FIRST FINANCIAL BANK - TRUST DIVISION | $8.8M | 87,055 | 0.63% | 6q | +15.6%+$1.2M |
| Heartwood Wealth Advisors LLC | $8.2M | 81,425 | 0.64% | 8q | +12.2%+$891.8K |
| Silver Oak Advisory Group, Inc. | $7.4M | 73,232 | 2.92% | 9q | +18.9%+$1.2M |
| Atria Investments, Inc | $6.8M | 67,449 | 0.07% | 8q | +6.6%+$420.2K |
| JONES FINANCIAL COMPANIES LLLP | $6.7M | 65,926 | 0.00% | 5q | +34.9%+$1.7M |
| Ashton Thomas Private Wealth, LLC | $6.5M | 64,478 | 0.14% | 6q | -1.8%-$118.5K |
| S.A. Mason LLC | $6.4M | 63,407 | 1.97% | 4q | +14.7%+$820.0K |
| LPL Financial LLC | $6.1M | 60,901 | 0.00% | 8q | +17.5%+$914.4K |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors | $5.7M | 55,973 | 0.28% | 7q | +6.1%+$326.6K |
| Apella Capital, LLC | $5.6M | 55,564 | 0.08% | 3q | HELD |
| Hassell Wealth Management, LLC | $5.3M | 52,922 | 1.63% | 2q | +278.1%+$3.9M |
| Seed Wealth Management, Inc. | $5.0M | 49,335 | 3.15% | 5q | -1.1%-$55.5K |
| TRUIST FINANCIAL CORP | $4.8M | 48,007 | 0.01% | 6q | +4.0%+$187.2K |
| Cerity Partners LLC | $4.0M | 39,323 | 0.00% | 3q | +143.7%+$2.3M |
| RAYMOND JAMES FINANCIAL INC | $3.9M | 38,313 | 0.00% | 5q | -14.8%-$670.9K |
| Verus Financial Partners, Inc. | $3.8M | 37,425 | 0.32% | 2q | +29.0%+$849.1K |
| OSAIC HOLDINGS, INC. | $3.2M | 32,041 | 0.00% | 9q | +66.3%+$1.3M |
| CAPTRUST FINANCIAL ADVISORS | $2.8M | 27,367 | 0.00% | 3q | +1.2%+$31.6K |
| Integrity Wealth Solutions LLC | $2.4M | 24,004 | 0.90% | 6q | +2.7%+$62.9K |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $2.3M | 22,922 | 0.00% | 5q | +44.8%+$715.9K |
| Mariner, LLC | $2.3M | 22,470 | 0.00% | 7q | -3.4%-$79.2K |
| TCI Wealth Advisors, Inc. | $2.1M | 21,278 | 0.09% | 4q | HELD |
| Timonier Family Office, LTD. | $2.1M | 20,803 | 0.59% | 6q | +12.8%+$238.5K |
| Elser Financial Planning, Inc | $2.0M | 19,952 | 0.09% | 4q | +183.7%+$1.3M |
| CITADEL ADVISORS LLC | $2.0M | 19,682 | 0.00% | 7q | -42.6%-$1.5M |
| Frankly Finances, LLC | $1.9M | 19,295 | 1.54% | 3q | +30.2%+$451.9K |
| Elequin Capital, LP | $1.9M | 18,378 | 0.06% | 3q | +48.7%+$607.5K |
| Envestnet Portfolio Solutions, Inc. | $1.8M | 17,494 | 0.01% | 7q | +44.9%+$547.6K |
| HARBOUR INVESTMENTS, INC. | $1.7M | 17,257 | 0.02% | 8q | +25.1%+$349.1K |
| Oak Wealth Advisors LLC | $1.7M | 17,194 | 0.83% | 7q | -1.1%-$20.1K |
| First Heartland Consultants, Inc. | $1.7M | 17,170 | 0.11% | 5q | -10.1%-$194.7K |
| SigFig Wealth Management, LLC | $1.7M | 16,637 | 0.04% | 6q | +9.5%+$145.3K |
| FINANCIAL MANAGEMENT NETWORK INC | $1.7M | 16,641 | 0.24% | 8q | +2.2%+$36.3K |
| Paragon Capital Management Ltd | $1.7M | 16,371 | 0.31% | 10q | -5.7%-$100.1K |
| &PARTNERS | $1.6M | 16,295 | 0.01% | 4q | +68.0%+$665.9K |
| GENESIS PRIVATE WEALTH, LLC | $1.6M | 15,812 | 0.45% | 7q | +15.0%+$208.8K |
| Compound Planning, Inc. | $1.5M | 15,119 | 0.04% | 2q | +136.9%+$882.2K |
| A. D. Beadell Investment Counsel, Inc. | $1.5M | 14,475 | 0.94% | 4q | +4.7%+$65.6K |
| Avidian Wealth Enterprises, LLC | $1.4M | 14,313 | 0.04% | new | NEW |
| Freedom Investment Management, Inc. | $1.4M | 14,309 | 0.40% | 10q | -1.7%-$25.1K |
| Valeo Financial Advisors, LLC | $1.4M | 14,064 | 0.03% | 7q | -4.6%-$69.1K |
| Farther Finance Advisors, LLC | $1.4M | 13,976 | 0.01% | 4q | +21.8%+$252.2K |
| MITCHELL MCLEOD PUGH & WILLIAMS INC | $1.4M | 13,775 | 0.17% | 9q | HELD |
| OPPENHEIMER & CO INC | $1.4M | 13,682 | 0.01% | 4q | -34.8%-$738.0K |
| Vanguard National Trust Co | $1.4M | 13,606 | 0.07% | new | NEW |
| JANE STREET GROUP, LLC | $1.4M | 13,498 | 0.00% | 10q | -86.3%-$8.6M |
| Sheridan Capital Management, LLC | $1.2M | 12,025 | 0.58% | 5q | -17.1%-$249.9K |
| STONE LOFT WEALTH MANAGEMENT LLC | $1.2M | 11,599 | 0.66% | 3q | +1.4%+$15.8K |
| Clearstead Advisors, LLC | $1.1M | 11,084 | 0.01% | 5q | HELD |
| FLAGSHIP HARBOR ADVISORS, LLC | $1.1M | 10,995 | 0.04% | 5q | HELD |
| Bryn Mawr Trust Advisors, LLC | $1.1M | 10,872 | 0.05% | 6q | HELD |
| JFS WEALTH ADVISORS, LLC | $1.1M | 10,715 | 0.05% | 4q | HELD |
| Waverly Advisors, LLC | $1.1M | 10,481 | 0.01% | 4q | HELD |
| Alesco Advisors, LLC, An ESL Co | $1.1M | 10,440 | 0.02% | 3q | +43.9%+$321.6K |
| ROYAL BANK OF CANADA | $1.1M | 10,397 | 0.00% | 4q | +69.0%+$428.8K |
| IAM Advisory, LLC | $1.0M | 10,155 | 0.20% | 3q | +1.2%+$12.4K |
| KESTRA PRIVATE WEALTH SERVICES, LLC | $1.0M | 10,133 | 0.01% | 9q | +21.6%+$181.4K |
| Retirement Planning Group, LLC | $1.0M | 10,120 | 0.03% | 5q | HELD |
| Sprinkle Financial Consultants LLC | $1.0M | 10,103 | 0.40% | 3q | +0.8%+$7.8K |
| HBK Sorce Advisory LLC | $971.7K | 9,783 | 0.02% | 4q | HELD |
| VISTA CAPITAL PARTNERS, INC. | $966.1K | 9,568 | 0.08% | 4q | HELD |
| SIMPLEX TRADING, LLC | $950.9K CALL+PUT | options only | 0.00% | 3q | OPTIONS |
| STEPHEN J. GARRY & ASSOCIATES, LLC | $941.5K | 9,325 | 0.69% | 7q | -4.6%-$45.4K |
| SIGNAL TREE FINANCIAL PARTNERS LLC | $927.8K | 9,189 | 0.61% | 5q | HELD |
| CORA CAPITAL ADVISORS LLC | $892.7K | 8,841 | 0.25% | 2q | HELD |
| FIRST MANHATTAN CO. LLC. | $858.2K | 8,500 | 0.00% | new | NEW |
| Sequent Planning LLC | $854.4K | 8,462 | 0.18% | 3q | +17.7%+$128.7K |
| CFS Investment Advisory Services, LLC | $845.2K | 8,377 | 0.06% | new | NEW |
| Tribridge Partners Financial LLC | $821.2K | 8,268 | 0.32% | 4q | +11.8%+$86.8K |
| Beacon Pointe Advisors, LLC | $779.3K | 7,718 | 0.00% | 4q | -46.1%-$665.3K |
| PEAPACK GLADSTONE FINANCIAL CORP | $778.0K | 7,705 | 0.01% | 8q | HELD |
| Rossmore Private Capital | $776.0K | 7,685 | 0.06% | 3q | HELD |
| NewEdge Advisors, LLC | $773.6K | 7,662 | 0.00% | 4q | -4.2%-$33.5K |
| Chicago Partners Investment Group LLC | $766.4K | 7,741 | 0.02% | 3q | +178.4%+$491.0K |
| Cambridge Investment Research Advisors, Inc. | $762.0K | 7,552 | 0.00% | 4q | +100.0%+$381.0K |
| BENJAMIN EDWARDS INC | $690.4K | 6,824 | 0.01% | 4q | +12.8%+$78.1K |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $688.0K | 6,844 | 0.00% | 4q | +0.6%+$4.4K |
| 55 North Private Wealth, LLC | $643.8K | 6,377 | 0.13% | 3q | +76.7%+$279.6K |
| Kestra Advisory Services, LLC | $642.8K | 6,366 | 0.00% | 6q | +3.2%+$20.2K |
| HUNTINGTON NATIONAL BANK | $598.4K | 5,927 | 0.00% | 3q | -14.4%-$100.5K |
| PRINCIPAL SECURITIES, INC. | $591.3K | 5,856 | 0.01% | new | NEW |
| D.B. Root & Company, LLC | $582.0K | 5,765 | 0.12% | 2q | +14.7%+$74.7K |
| Midwest Financial Network, LLC | $565.2K | 5,598 | 0.39% | 2q | +118.1%+$306.0K |
| Crews Bank & Trust | $556.9K | 5,515 | 0.07% | 7q | HELD |
Showing the largest 100 of 176 reported holders.
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 | 65 | $441.4M | 4,619,572 | 12 | 32 | 11 | 0.0% |
| Q2 2026 | 176 | $808.8M | 8,001,206 | 30 | 79 | 34 | 0.1% |
| Q1 2026 | 158 | $745.5M | 7,374,411 | 28 | 81 | 18 | 1.1% |
| Q4 2025 | 145 | $604.9M | 5,993,267 | 38 | 67 | 15 | 0.1% |
| Q3 2025 | 111 | $549.4M | 5,477,105 | 34 | 48 | 12 | 0.0% |
| Q2 2025 | 90 | $290.5M | 2,939,548 | 21 | 39 | 15 | 0.3% |
| Q1 2025 | 78 | $134.9M | 1,303,622 | 21 | 32 | 9 | 4.6% |
| Q4 2024 | 62 | $119.1M | 1,186,178 | 24 | 16 | 5 | 1.0% |
| Q3 2024 | 32 | $40.0M | 393,845 | 15 | 10 | 2 | 0.4% |
| Q2 2024 | 20 | $17.9M | 179,318 | 13 | 3 | 0 | 0.5% |
| Q1 2024 | 7 | $3.9M | 35,363 | 6 | 0 | 0 | 8.7% |
| Q4 2023 | 1 | $265.0K | 0 | 0 | 0 | 0 | 100.0% |
| Q3 2023 | 2 | $138.2K | 0 | 3 | 0 | 0 | 100.0% |
| Q2 2023 | 1 | $75.0K | 0 | 0 | 0 | 0 | 100.0% |
| Q1 2023 | 1 | $81.0K | 0 | 0 | 0 | 0 | 100.0% |
| Q4 2022 | 1 | $316.0K | 0 | 0 | 0 | 0 | 100.0% |
| Q3 2022 | 1 | $625.0K | 0 | 0 | 0 | 0 | 100.0% |
| Q2 2022 | 1 | $1.3M | 0 | 0 | 0 | 0 | 100.0% |
| Q1 2022 | 1 | $675.0K | 0 | 1 | 0 | 0 | 100.0% |
| Q4 2021 | 1 | $5.0K | 0 | 1 | 0 | 0 | 100.0% |
| Q3 2021 | 1 | $11.0K | 0 | 0 | 0 | 0 | 100.0% |
| Q2 2021 | 1 | $11.0K | 0 | 1 | 0 | 0 | 100.0% |
| Q1 2021 | 1 | $54.0K | 0 | 1 | 0 | 0 | 100.0% |