Vault-13

VANECK ETF TRUST SHYD

SHRT HGH YLD MUN · ETP · CUSIP 92189F387

131 institutional holders +7 vs Q1 2025
10,234,36410.2m shares reported held*
$231.2mreported value*
18 new 46 added 42 reduced 13 sold out net bought ≈ $12.6m (+557.0k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($68.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.59.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 102Q4 22: 108Q1 23: 112Q2 23: 109Q3 23: 111Q4 23: 120Q1 24: 108Q2 24: 114Q3 24: 118Q4 24: 126Q1 25: 124Q2 25: 131131Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022102
Q4 2022108
Q1 2023112
Q2 2023109
Q3 2023111
Q4 2023120
Q1 2024108
Q2 2024114
Q3 2024118
Q4 2024126
Q1 2025124
Q2 2025131

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 23: 48 bought or addedQ3 23: 50 cut or sold outQ4 23: 60 bought or addedQ4 23: 56 cut or sold outQ4 23Q1 24: 43 bought or addedQ1 24: 55 cut or sold outQ2 24: 46 bought or addedQ2 24: 49 cut or sold outQ2 24Q3 24: 50 bought or addedQ3 24: 46 cut or sold outQ4 24: 67 bought or addedQ4 24: 48 cut or sold outQ4 24Q1 25: 61 bought or addedQ1 25: 49 cut or sold outQ2 25: 64 bought or addedQ2 25: 55 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20234850
Q4 20236056
Q1 20244355
Q2 20244649
Q3 20245046
Q4 20246748
Q1 20256149
Q2 20256455

Biggest buyers

RAYMOND JAMES FINANCIAL INC Added +222,045+222.0k
FIRST FOUNDATION ADVISORS Added +148,935+148.9k
JANE STREET GROUP, LLC New +136,280+136.3k
Fragasso Financial Advisors Inc Added +125,221+125.2k
WELLS FARGO & COMPANY/MN Added +83,420+83.4k
JACOBSON & SCHMITT ADVISORS, LLC New +61,893+61.9k
BANK OF AMERICA CORP /DE/ Added +60,845+60.8k
ROYAL BANK OF CANADA Added +45,901+45.9k
GOLDMAN SACHS GROUP INC New +45,680+45.7k
Elequin Capital, LP New +31,872+31.9k

Biggest sellers

MERCER GLOBAL ADVISORS INC /ADV Reduced -252,106-252.1k
ENVESTNET ASSET MANAGEMENT INC Reduced -176,336-176.3k
MORGAN STANLEY Reduced -73,148-73.1k
Mariner, LLC Reduced -39,309-39.3k
Hamilton Wealth, LLC Reduced -30,994-31.0k
Breakwater Capital Group Reduced -26,286-26.3k
MAI Capital Management Sold out -22,575-22.6k
Belpointe Asset Management LLC Reduced -16,234-16.2k
Fortis Capital Advisors, LLC Sold out -13,734-13.7k
FLAGSHIP HARBOR ADVISORS, LLC Sold out -13,350-13.3k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MERCER GLOBAL ADVISORS INC /ADV 0.06% of their portfolio DENVER, CO 1,207,9281.2m $27.3m $27.3m 0.06% Reduced -252.1k -252,106
2 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,142,2881.1m $25.8m $25.8m 0.01% Reduced -176.3k -176,336
3 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,066,0031.1m $24.1m $24.1m 0.01% Added +83.4k +83,420
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 758,646758.6k $17.1m $17.1m 0.00% Reduced -73.1k -73,148
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 551,038551.0k $12.4m $12.4m 0.00% Added +60.8k +60,845
6 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 326,235326.2k $7.4m $7.4m 0.00% Added +222.0k +222,045
7 Fragasso Financial Advisors Inc 0.49% of their portfolio SEWICKLEY, PA 324,678324.7k $7.3m $7.3m 0.49% Added +125.2k +125,221
8 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 314,047314.0k $7.1m $7.1m 0.00% Reduced -5.8k -5,800
9 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 300,902300.9k $6.8m $6.8m 0.01% Reduced -7.0k -7,032
10 FIRST FOUNDATION ADVISORS 0.24% of their portfolio Irvine, CA 291,846291.8k $6.6m $6.6m 0.24% Added +148.9k +148,935
11 Dakota Wealth Management 0.14% of their portfolio PALM BEACH GARDENS, FL 285,160285.2k $6.4m $6.4m 0.14% Added +25.4k +25,381
12 Ocean Park Asset Management, LLC 0.20% of their portfolio SANTA MONICA, CA 252,600252.6k $5.7m $5.7m 0.20% Unchanged
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 162,204162.2k $3.7m $3.7m 0.00% Reduced -9.2k -9,183
14 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 152,875152.9k $3.5m $3.5m 0.00% Added +3.7k +3,655
15 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 139,886139.9k $3.2m $3.2m 0.00% Reduced -12.3k -12,270
16 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 136,280136.3k $3.1m $3.1m 0.00% New
17 Willis Johnson & Associates, Inc. 0.18% of their portfolio Houston, TX 120,328120.3k $2.7m $2.7m 0.18% Added +13.1k +13,073
18 Dynamic Advisor Solutions LLC 0.08% of their portfolio PHOENIX, AZ 109,272109.3k $2.5m $2.5m 0.08% Added +3.3k +3,344
19 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 105,993106.0k $2.4m $2.4m 0.00% Reduced -1.5k -1,543
20 High Net Worth Advisory Group LLC 0.61% of their portfolio NAPLES, FL 102,045102.0k $2.3m $2.3m 0.61% Added +19 +19
21 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 96,24496.2k $2.2m $2.2m 0.00% Added +45.9k +45,901
22 PURE PORTFOLIOS HOLDINGS LLC 0.59% of their portfolio LAKE OSWEGO, OR 76,94776.9k $1.7m $1.7m 0.59% Added +6.1k +6,125
23 Wealthspire Advisors, LLC 0.01% of their portfolio NEW YORK, NY 72,63272.6k $1.6m $1.6m 0.01% Reduced -5.1k -5,114
24 Rehmann Capital Advisory Group 0.09% of their portfolio LANSING, MI 62,19862.2k $1.4m $1.4m 0.09% Added +2 +2
25 JACOBSON & SCHMITT ADVISORS, LLC 0.25% of their portfolio MIDDLETON, WI 61,89361.9k $1.4m $1.4m 0.25% New
26 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 53,75353.8k $1.2m $1.2m 0.00% Added +6.0k +5,973
27 Midwestern Financial, LLC /IA 1.08% of their portfolio IOWA CITY, IA 50,89350.9k $1.1m $1.1m 1.08% First filing
28 Breakwater Capital Group 0.18% of their portfolio PARAMUS, NJ 49,96950.0k $1.1m $1.1m 0.18% Reduced -26.3k -26,286
29 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 49,04749.0k $1.1m $1.1m 0.01% Added +2.7k +2,701
30 Waverly Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 48,72348.7k $1.1m $1.1m 0.01% Reduced -473 -473
31 Capital Advisors Wealth Management, LLC 0.17% of their portfolio YAKIMA, WA 47,48647.5k $1.1m $1.1m 0.17% Added +24.8k +24,779
32 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 45,68045.7k $1.0m $1.0m 0.00% New
33 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.02% of their portfolio MINNEAPOLIS, MN 45,39045.4k $1.0m $1.0m 0.02% Added +31.7k +31,666
34 Sowell Financial Services LLC 0.04% of their portfolio NORTH LITTLE ROCK, AR 45,15345.2k $1.0m $1.0m 0.04% Added +1.9k +1,892
35 Hamilton Wealth, LLC 0.22% of their portfolio LOS ANGELES, CA 44,38544.4k $1.0m $1.0m 0.22% Reduced -31.0k -30,994
36 TRUSTMARK BANK TRUST DEPARTMENT 0.07% of their portfolio JACKSON, MS 44,05844.1k $995.2k $995.2k 0.07% Added +1.0k +1,000
37 Cascade Financial Partners, LLC 0.12% of their portfolio SAN DIEGO, CA 42,51742.5k $960.4k $960.4k 0.12% Added +380 +380
38 DEAN INVESTMENT ASSOCIATES, LLC 0.14% of their portfolio BEAVERCREEK, OH 41,00041.0k $926.2k $926.2k 0.14% Unchanged
39 Blake Schutter Theil Wealth Advisors, LLC 1.05% of their portfolio DAYTON, OH 41,00041.0k $926.2k $926.2k 1.05% Unchanged
40 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 40,04740.0k $902.6k $902.6k 0.00% Added +13.8k +13,821
41 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 38,62838.6k $872.6k $872.6k 0.00% Added +3.2k +3,151
42 RMR Wealth Builders 0.08% of their portfolio Montclair, NJ 38,59438.6k $871.8k $871.8k 0.08% Added +73 +73
43 NAPLES GLOBAL ADVISORS, LLC 0.07% of their portfolio NAPLES, FL 36,45036.5k $823.4k $823.4k 0.07% Reduced -3.5k -3,550
44 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 35,81835.8k $809.1k $809.1k 0.02% Added +11 +11
45 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 33,27833.3k $751.7k $751.7k 0.00% Added +3.7k +3,726
46 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 33,05033.0k $745.9k $745.9k 0.00% Reduced -5.1k -5,105
47 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 32,82832.8k $741.6k $741.6k 0.00% Reduced -202 -202
48 Elequin Capital, LP 0.10% of their portfolio NEW YORK, NY 31,87231.9k $720.0k $720.0k 0.10% New
49 CROBAN 0.59% of their portfolio FREMONT, OH 30,43830.4k $687.3k $687.3k 0.59% Added +1.2k +1,195
50 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 30,01830.0k $678.0k $678.0k 0.00% Added +5.8k +5,837
51 NewSquare Capital LLC 0.05% of their portfolio NEWTOWN SQUARE, PA 27,91127.9k $630.5k $630.5k 0.05% Added +751 +751
52 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 27,17627.2k $613.9k $613.9k 0.00% Added +10.1k +10,125
53 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 27,15427.2k $613.4k $613.4k 0.01% Reduced -4.7k -4,675
54 CARY STREET PARTNERS FINANCIAL LLC 0.02% of their portfolio RICHMOND, VA 27,09527.1k $612.1k $612.1k 0.02% New
55 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 26,57326.6k $600.3k $600.3k 0.00% Reduced -5.9k -5,864
56 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 26,52326.5k $599.1k $599.1k 0.00% Added +1.2k +1,210
57 Diversify Advisory Services, LLC 0.02% of their portfolio SANDY, UT 26,45126.5k $599.4k $599.4k 0.02% New
58 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 25,79025.8k $582.6k $582.6k 0.00% Added +15.6k +15,632
59 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 25,48125.5k $575.6k $575.6k 0.01% Reduced -1.6k -1,555
60 EAGLE GLOBAL ADVISORS LLC 0.02% of their portfolio Houston, TX 25,38425.4k $573.4k $573.4k 0.02% Added +2.0k +2,000
61 PFG Advisors 0.03% of their portfolio Phoenix, AZ 24,05124.1k $543.3k $543.3k 0.03% Added +2.7k +2,709
62 Occidental Asset Management, LLC 0.07% of their portfolio Burlingame, CA 23,36923.4k $527.9k $527.9k 0.07% Reduced -5.3k -5,275
63 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 22,15922.2k $500.6k $500.6k 0.00% Unchanged
64 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 21,86721.9k $494.0k $494.0k 0.00% Reduced -1.8k -1,797
65 Curtis Advisory Group, LLC 0.12% of their portfolio SANTA BARBARA, CA 21,17821.2k $478.4k $478.4k 0.12% New
66 Allen Capital Group, LLC 0.05% of their portfolio GRAND ISLAND, NE 20,75720.8k $468.9k $468.9k 0.05% Reduced -4.4k -4,444
67 MONEYWISE, INC. 0.21% of their portfolio FOREST, VA 19,40119.4k $438.3k $438.3k 0.21% New
68 Strategic Equity Management 0.16% of their portfolio TUCSON, AZ 19,40119.4k $438.3k $438.3k 0.16% New
69 Belpointe Asset Management LLC 0.02% of their portfolio RENO, NV 18,67018.7k $421.7k $421.7k 0.02% Reduced -16.2k -16,234
70 Revisor Wealth Management LLC 0.15% of their portfolio AKRON, OH 18,04018.0k $407.0k $407.0k 0.15% Unchanged
71 COMERICA BANK 0.00% of their portfolio DALLAS, TX 16,88416.9k $381.4k $381.4k 0.00% Reduced -3.0k -2,980
72 Innova Wealth Partners 0.22% of their portfolio NEWTOWN, PA 16,27616.3k $367.7k $367.7k 0.22% Reduced -1.0k -1,000
73 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 16,21416.2k $366.0k $366.0k 0.00% Added +1.6k +1,575
74 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 15,89415.9k $359.0k $359.0k 0.00% Added +145 +145
75 Per Stirling Capital Management, LLC. 0.05% of their portfolio AUSTIN, TX 15,51515.5k $350.5k $350.5k 0.05% New
76 Keebeck Wealth Management 0.05% of their portfolio Chicago, IL 15,20015.2k $343.4k $343.4k 0.05% Added +4.4k +4,445
77 Argent Trust Co 0.01% of their portfolio NASHVILLE, TN 15,11115.1k $341.3k $341.3k 0.01% New
78 Richard P Slaughter Associates Inc 0.07% of their portfolio AUSTIN, TX 15,11115.1k $341.3k $341.3k 0.07% New
79 ROMAN BUTLER FULLERTON & CO 0.09% of their portfolio ST LOUIS, MO 14,04514.0k $315.4k $315.4k 0.09% Reduced -681 -681
80 Bryn Mawr Trust Advisors, LLC 0.02% of their portfolio PHILADELPHIA, PA 13,95814.0k $315.3k $315.3k 0.02% Unchanged
81 Modern Wealth Management, LLC 0.01% of their portfolio KANSAS CITY, MO 13,93813.9k $314.8k $314.8k 0.01% Unchanged
82 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 13,59513.6k $307.1k $307.1k 0.01% New
83 Bison Wealth, LLC 0.02% of their portfolio ATLANTA, GA 13,30513.3k $299.6k $299.6k 0.02% Added +1.9k +1,855
84 BRANDYWINE OAK PRIVATE WEALTH LLC 0.03% of their portfolio Kennett Square, PA 13,06713.1k $295.2k $295.2k 0.03% Reduced -791 -791
85 1620 INVESTMENT ADVISORS, INC. 0.21% of their portfolio PLYMOUTH, MA 12,92012.9k $291.9k $291.9k 0.21% Reduced -300 -300
86 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 12,72812.7k $287.5k $287.5k 0.00% Added +1.4k +1,396
87 McAdam, LLC 0.02% of their portfolio Philadelphia, PA 12,65712.7k $285.9k $285.9k 0.02% Reduced -1.3k -1,343
88 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.02% of their portfolio CEDAR RAPIDS, IA 12,59312.6k $284.5k $284.5k 0.02% Added +8 +8
89 Fourth Dimension Wealth, LLC 0.12% of their portfolio MIDDLEBURG HEIGHTS, OH 12,37612.4k $279.6k $279.6k 0.12% Added +194 +194
90 Arkadios Wealth Advisors 0.01% of their portfolio ATLANTA, GA 11,75011.8k $265.4k $265.4k 0.01% Unchanged
91 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 11,63111.6k $262.7k $262.7k 0.00% New
92 Pure Financial Advisors, LLC 0.00% of their portfolio SAN DIEGO, CA 11,52411.5k $260.3k $260.3k 0.00% New
93 FC Advisory LLC 0.08% of their portfolio WEST CHESTER, PA 11,49611.5k $259.7k $259.7k 0.08% Added +59 +59
94 BCS Wealth Management 0.06% of their portfolio JOHNSON CITY, TN 11,38311.4k $257.0k $257.0k 0.06% Unchanged
95 Tortoise Investment Management, LLC 0.02% of their portfolio WHITE PLAINS, NY 11,06511.1k $249.9k $249.9k 0.02% Reduced -8.6k -8,600
96 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 10,91610.9k $246.6k $246.6k 0.00% Reduced -5.0k -5,047
97 FOSTER & MOTLEY INC 0.01% of their portfolio CINCINNATI, OH 10,86510.9k $245.0k $245.0k 0.01% Reduced -326 -326
98 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 10,47210.5k $236.6k $236.6k 0.00% Reduced -9.4k -9,415
99 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 10,41810.4k $235.3k $235.3k 0.01% Unchanged
100 Mesirow Financial Investment Management, Inc. 0.00% of their portfolio CHICAGO, IL 10,40010.4k $234.9k $234.9k 0.00% Unchanged