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VTEI — VANGUARD MUN BD FDS

Reported value held$36.57M
Funds holding (latest)10
Sector—
Funds holding (Q2 2026)6
Institutional value$36.14M · 357.96K sh
New / Add / Cut / Exit1 / 2 / 2 / 1
Top-5 / Top-10 concentration100.0% / 100.0%
Institutional holdings change Accumulating +47.0% (+114.49K sh)
Institutional value change Up +48.5%

As of Q2 2026, 6 SEC-registered investment managers reported holding VTEI (VANGUARD MUN BD FDS) in their latest 13F filings, with a combined reported value of $36.14M across 357.96K shares. That is +47.0% by share count (+114.49K shares) versus the previous quarter, while reported value moved +48.5%. Ownership is concentrated: the five largest holders account for 100.0% of reported value and the top ten for 100.0%.

Compared with the prior quarter, 1 opened new positions, 2 added to existing stakes, 2 trimmed, 1 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.

All figures on this page are computed from SEC Form 13F quarterly filings. 13F filers disclose long positions of $100,000 or more within 45 days of quarter end; short positions, options overlays and intra-quarter trades are not included, so treat the numbers as a quarterly snapshot of institutional ownership rather than real-time positioning.

Q2 2026 — 6 funds

FundSharesValuePortfolio WeightChange
Bank of America Corp history 334.86K $33.81M 0.00% Add
Citadel Advisors history 19.68K $1.99M 0.00% Reduce
AQR Capital Management history 2.96K $298.97K 0.00% Hold
Fidelity Management & Research (FMR) history 347 $34.99K 0.00% Reduce
Wells Fargo & Co history 107 $10.78K 0.00% Add
Morgan Stanley history 1 $170 0.00% New

Q1 2026 — 6 funds

FundSharesValuePortfolio WeightChange
Bank of America Corp history 205.70K $20.56M 0.00% Add
Citadel Advisors history 34.30K $3.43M 0.00% Add
AQR Capital Management history 2.96K $295.92K 0.00% Hold
Fidelity Management & Research (FMR) history 405 $40.51K 0.00% Add
UBS Group AG history 101 $10.09K 0.00% New
Wells Fargo & Co history 1 $84 0.00% New

Q4 2025 — 7 funds

FundSharesValuePortfolio WeightChange
Bank of America Corp history 133.77K $13.49M 0.00% Add
Citadel Advisors history 32.03K $3.23M 0.00% Add
Goldman Sachs Group history 3.36K $338.38K 0.00% New
AQR Capital Management history 2.96K $298.56K 0.00% Reduce
PNC Financial Services history 407 $41.04K 0.00% Hold
Fidelity Management & Research (FMR) history 32 $3.26K 0.00% Reduce
Morgan Stanley history 19 $1.98K 0.00% New

Q3 2025 — 5 funds

FundSharesValuePortfolio WeightChange
Bank of America Corp history 110.96K $11.13M 0.00% Add
Citadel Advisors history 20.08K $2.01M 0.00% Add
AQR Capital Management history 8.43K $845.48K 0.00% Reduce
PNC Financial Services history 407 $40.83K 0.00% New
Fidelity Management & Research (FMR) history 38 $3.81K 0.00% New

Q2 2025 — 7 funds

FundSharesValuePortfolio WeightChange
Bank of America Corp history 69.87K $6.89M 0.00% Add
AQR Capital Management history 19.77K $1.95M 0.00% New
Citadel Advisors history 12.14K $1.20M 0.00% Add
Citadel Advisors history 12.14K $1.20M 0.00% Add
Wells Fargo & Co history 60 $5.94K 0.00% Hold
Morgan Stanley history 1 $105 0.00% New
Morgan Stanley history 1 $105 0.00% New

Q1 2025 — 6 funds

FundSharesValuePortfolio WeightChange
Bank of America Corp history 37.20K $3.68M 0.00% Add
Citadel Advisors history 8.95K $884.04K 0.00% Add
Citadel Advisors history 8.95K $884.04K 0.00% Add
JPMorgan Chase & Co history 419 $41.41K 0.00% New
JPMorgan Chase & Co history 419 $41.41K 0.00% New
Wells Fargo & Co history 60 $5.93K 0.00% New

New Positions (Q2 2026)

Fully Exited (vs previous quarter)

Fund Position History — shares by quarter (top 10 funds)

FundQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024
Bank of America Corp 334.86K 205.70K 133.77K 110.96K 69.87K 37.20K 10.37K — —
Citadel Advisors 19.68K 34.30K 32.03K 20.08K 12.14K 8.95K 7.33K — —
AQR Capital Management 2.96K 2.96K 2.96K 8.43K 19.77K — — — —
Fidelity Management & Research (FMR) 347 405 32 38 — — — — —
Wells Fargo & Co 107 1 — — 60 60 — — —
Morgan Stanley 1 — 19 — 1 — 1 1 1
JPMorgan Chase & Co — — — — — 419 — 9.34K —
Goldman Sachs Group — — 3.36K — — — — — —
PNC Financial Services — — 407 407 — — — — —
UBS Group AG — 101 — — — — — — —

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