VCRM · Vanguard Core Tax-Exempt Bond ETF

$75.20 -0.14 (-0.19%) At close · Aug 14

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Quarter:

Holders: 48

Total Value: $241,264,689

Total Shares: 3,157,915

Institutional Ownership Trend

7 quarters

Holder Concentration

Across 48 13F filers · Δ vs Mar 31, 2026

Top Holder

19.5%

−14.3 pts

Top 5

69.0%

+13.4 pts

Top 10

84.6%

+14.9 pts

HHI

1,184

Broadly held−148

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -74

Institutional value: -68.6%

Shares held: -69.1%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Large JONES FINANCIAL COMPANIES LLLP	+255,063	500,175
Small Topsail Wealth Management, LLC	+231,019	615,176
Mega JANE STREET GROUP, LLC	+132,200	153,725
Mega JPMORGAN CHASE & CO	+83,431	83,635
Mid Integrated Wealth Concepts LLC	+80,934	97,453

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Large Focus Partners Wealth	−19,553	288,155
Small Advyzon Investment Management, LLC	−7,763	37,896
Mid Greenwich Wealth Management LLC	−3,882	23,926
Mega GOLDMAN SACHS GROUP INC	−1,765	5,705
Small TAGStone Capital, Inc.	−1,500	95,674

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Small Alaethes Wealth, LLC	160,419	$12,256,011
Small Elequin Capital, LP	64,144	$4,900,601
Large NewEdge Advisors, LLC	45,885	$3,505,614
Small Rialto Wealth Management, LLC	41,824	$3,195,353
Mid Aptus Capital Advisors, LLC	23,408	$1,788,371

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mid HBK Sorce Advisory LLC	3,460,873	$260,084,605
Small Aprio Wealth Management, LLC	631,116	$47,428,367
Small Verum Partners LLC	602,359	$45,267,278
Micro Mills Wealth Advisors LLC	399,237	$30,002,660
Small Confluence Wealth Services, Inc.	269,435	$20,248,040

Filter: New 20 Increased 15 Reduced 9 Sold out 94 Unchanged 4

Showing 48 of 48

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Topsail Wealth Management, LLC

$46,999,446

19.48%

615,176

Karpus Management, Inc.

$46,881,332

19.43%

613,630

JONES FINANCIAL COMPANIES LLLP

$38,213,369

15.84%

500,175

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Edward D. Jones & Co., L.P.	499,431	$38,156,528	99.9%	Sole
Edward Jones Trust Company	744	$56,841	0.1%	Sole

Focus Partners Wealth

$22,015,042

9.12%

288,155

Alaethes Wealth, LLC

$12,256,011

5.08%

160,419

JANE STREET GROUP, LLC

$11,744,590

4.87%

153,725

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	153,725	$11,744,590	100.0%	Defined

Integrated Wealth Concepts LLC

$7,445,409

3.09%

97,453

TAGStone Capital, Inc.

$7,309,493

3.03%

95,674

JPMORGAN CHASE & CO

$6,389,714

2.65%

83,635

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Securities LLC	83,035	$6,343,874	99.3%	Defined
55I, LLC	600	$45,840	0.7%	Other

Elequin Capital, LP

$4,900,601

2.03%

64,144

Brio Consultants, LLC

$3,749,941

1.55%

49,083

NewEdge Advisors, LLC

$3,505,614

1.45%

45,885

Rialto Wealth Management, LLC

$3,195,353

1.32%

41,824

Advyzon Investment Management, LLC

$2,895,254

1.20%

37,896

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Gutierrez Wealth Advisory, LLC	37,896	$2,895,254	100.0%	Other

BOSTON FAMILY OFFICE LLC

$2,354,036

0.98%

30,812

Cerity Partners LLC

$2,054,243

0.85%

26,888

Thrivent Financial for Lutherans

$2,007,410

0.83%

26,275

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Thrivent Advisor Network, LLC	26,275	$2,007,410	100.0%	Sole

Greenwich Wealth Management LLC

$1,827,946

0.76%

23,926

Aptus Capital Advisors, LLC

$1,788,371

0.74%

23,408

NATIXIS ADVISORS, LLC

$1,735,578

0.72%

22,717

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Natixis Investment Managers, L.P.	22,717	$1,735,578	100.0%	Defined

CITADEL ADVISORS LLC

$1,497,745

0.62%

19,604

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	19,604	$1,497,745	100.0%	Defined

OSAIC HOLDINGS, INC.

$989,227

0.41%

12,948

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Osaic Advisory Services, LLC	12,948	$989,227	100.0%	Defined

EVOLVE PRIVATE WEALTH, LLC

$985,483

0.41%

12,899

Stratos Wealth Partners, LTD.

$884,635

0.37%

11,579

&PARTNERS

$742,378

0.31%

9,717

Waverly Advisors, LLC

$704,637

0.29%

9,223

Private Wealth Asset Management, LLC

$655,206

0.27%

8,576

Inspire Advisors, LLC

$649,858

0.27%

8,506

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Inspire Investing, LLC	8,506	$649,858	100.0%	Defined

ACTION POINT FINANCIAL PLANNING, LLC

$633,736

0.26%

8,295

D.B. Root & Company, LLC

$540,988

0.22%

7,081

Tandem Financial, LLC

$480,174

0.20%

6,285

Snowden Capital Advisors LLC

$455,573

0.19%

5,963

Summit Financial, LLC

$446,940

0.19%

5,850

GOLDMAN SACHS GROUP INC

$435,862

0.18%

5,705

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	5,705	$435,862	100.0%	Defined

FreeGulliver LLC

$359,080

0.15%

4,700

Betterment LLC

$331,423

0.14%

4,338

HARBOUR INVESTMENTS, INC.

$309,802

0.13%

4,055

XTX Topco Ltd

$251,508

0.10%

3,292

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	3,292	$251,508	100.0%	Defined

Vise Technologies, Inc.

$217,128

0.09%

2,842

Tower Research Capital LLC (TRC)

$99,702

0.04%

1,305

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TOWER PRINCIPAL MARKETS LLC	1,305	$99,702	100.0%	Defined

MORGAN STANLEY

$76,247

0.03%

998

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY SMITH BARNEY LLC	998	$76,247	100.0%	Defined

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO

$67,690

0.03%

886

Burk Holdings LLC

$50,271

0.02%

658

ROYAL BANK OF CANADA

$40,186

0.02%

526

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	526	$40,186	100.0%	Defined

WELLS FARGO & COMPANY/MN

$39,804

0.02%

521

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	520	$39,728	99.8%	Defined
WELLS FARGO CLEARING SERVICES, LLC	1	$76	0.2%	Defined

Tradewinds, LLC.

$38,200

0.02%

500

VANGUARD ADVISERS INC

$7,105

0.00%

FRANKLIN RESOURCES INC

$5,348

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fiduciary Trust Co International of Pennsylvania	70	$5,348	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Truist Advisory Services, Inc.	92,586	$6,957,837	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Karpus Management Inc.	8,800	$661,320	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS AG	317	$23,822	98.1%	Defined
UBS Securities LLC	6	$450	1.9%	Defined

Key facts CIK 225997 CUSIP 922907712 13F (30d) 48 filings 48 filers Investor relations