Vault-13

VANECK ETF TRUST SHYD

SHRT HGH YLD MUN · ETP · CUSIP 92189F387

144 institutional holders -1 vs Q4 2025
11,115,82011.1m shares reported held*
$251.9mreported value*
14 new 58 added 39 reduced 12 sold out net bought ≈ $6.7m (+294.8k 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 ($395.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.66.

Trends to Q1 2026

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: 131Q3 25: 131Q4 25: 145Q1 26: 144144Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025131
Q4 2025145
Q1 2026144

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 46 bought or addedQ2 24: 49 cut or sold outQ3 24: 50 bought or addedQ3 24: 46 cut or sold outQ3 24Q4 24: 67 bought or addedQ4 24: 48 cut or sold outQ1 25: 61 bought or addedQ1 25: 49 cut or sold outQ1 25Q2 25: 64 bought or addedQ2 25: 55 cut or sold outQ3 25: 75 bought or addedQ3 25: 40 cut or sold outQ3 25Q4 25: 78 bought or addedQ4 25: 42 cut or sold outQ1 26: 72 bought or addedQ1 26: 51 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20244649
Q3 20245046
Q4 20246748
Q1 20256149
Q2 20256455
Q3 20257540
Q4 20257842
Q1 20267251

Biggest buyers

LPL Financial LLC Added +264,630+264.6k
MORGAN STANLEY Added +117,107+117.1k
WELLS FARGO & COMPANY/MN Added +111,319+111.3k
AMERIPRISE FINANCIAL INC Added +88,728+88.7k
Waverly Advisors, LLC Added +78,255+78.3k
DIVERSIFY WEALTH MANAGEMENT, LLC New +41,500+41.5k
Cetera Investment Advisers Added +39,496+39.5k
REGIONS FINANCIAL CORP New +29,286+29.3k
RAYMOND JAMES FINANCIAL INC Added +25,746+25.7k
Garden State Investment Advisory Services LLC New +24,101+24.1k

Biggest sellers

MERCER GLOBAL ADVISORS INC /ADV Reduced -292,476-292.5k
GOLDMAN SACHS GROUP INC Sold out -78,054-78.1k
UBS Group AG Reduced -56,820-56.8k
Willis Johnson & Associates, Inc. Reduced -54,167-54.2k
Diversify Advisory Services, LLC Sold out -43,502-43.5k
Capital Advisors Wealth Management, LLC Reduced -41,866-41.9k
Hamilton Wealth, LLC Reduced -25,709-25.7k
TRUSTMARK BANK TRUST DEPARTMENT Reduced -23,455-23.5k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -21,403-21.4k
BCS Wealth Management Sold out -20,988-21.0k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,596,2931.6m $36.2m $36.2m 0.01% Added +111.3k +111,319
2 MERCER GLOBAL ADVISORS INC /ADV 0.05% of their portfolio DENVER, CO 1,540,5411.5m $34.9m $34.9m 0.05% Reduced -292.5k -292,476
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 959,327959.3k $21.7m $21.7m 0.00% Added +117.1k +117,107
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 773,525773.5k $17.5m $17.5m 0.00% Reduced -3.0k -3,025
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 599,969600.0k $13.6m $13.6m 0.00% Added +264.6k +264,630
6 FIRST FOUNDATION ADVISORS 0.29% of their portfolio Irvine, CA 319,311319.3k $7.2m $7.2m 0.29% Added +11.6k +11,554
7 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 280,230280.2k $6.4m $6.4m 0.01% Reduced -5.1k -5,085
8 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 266,615266.6k $6.0m $6.0m 0.00% Added +88.7k +88,728
9 Fragasso Financial Advisors Inc 0.36% of their portfolio SEWICKLEY, PA 266,268266.3k $6.0m $6.0m 0.36% Reduced -3.1k -3,096
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 205,989206.0k $4.7m $4.7m 0.00% Added +25.7k +25,746
11 GREAT VALLEY ADVISOR GROUP, INC. 0.08% of their portfolio WILMINGTON, DE 197,188197.2k $4.5m $4.5m 0.08% Reduced -6.3k -6,338
12 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 195,357195.4k $4.4m $4.4m 0.00% Added +9.9k +9,917
13 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 184,118184.1k $4.2m $4.2m 0.00% Added +39.5k +39,496
14 UBS Group AG 0.00% of their portfolio ZURICH, V8 169,973170.0k $3.9m $3.9m 0.00% Reduced -56.8k -56,820
15 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 141,801141.8k $3.2m $3.2m 0.02% Added +78.3k +78,255
16 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 133,611133.6k $3.0m $3.0m 0.00% Reduced -4.1k -4,090
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 127,986128.0k $2.9m $2.9m 0.00% Added +2.8k +2,793
18 Dynamic Advisor Solutions LLC 0.08% of their portfolio PHOENIX, AZ 117,652117.7k $2.7m $2.7m 0.08% Added +2.6k +2,566
19 High Net Worth Advisory Group LLC 0.53% of their portfolio NAPLES, FL 100,000100.0k $2.3m $2.3m 0.53% Unchanged
20 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 95,60595.6k $2.2m $2.2m 0.00% Added +14.6k +14,552
21 Midwestern Financial, LLC /IA 1.67% of their portfolio IOWA CITY, IA 93,50293.5k $2.1m $2.1m 1.67% Added +17.3k +17,307
22 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 85,54185.5k $1.9m $1.9m 0.00% Reduced -5.0k -4,975
23 Hamilton Wealth, LLC 0.34% of their portfolio LOS ANGELES, CA 76,26976.3k $1.7m $1.7m 0.34% Reduced -25.7k -25,709
24 Wealthspire Advisors, LLC 0.01% of their portfolio NEW YORK, NY 72,60272.6k $1.6m $1.6m 0.01% Added +1.6k +1,610
25 Willis Johnson & Associates, Inc. 0.09% of their portfolio Houston, TX 70,88070.9k $1.6m $1.6m 0.09% Reduced -54.2k -54,167
26 Rehmann Capital Advisory Group 0.07% of their portfolio LANSING, MI 62,20362.2k $1.4m $1.4m 0.07% Added +1 +1
27 Breakwater Capital Group 0.18% of their portfolio PARAMUS, NJ 59,10659.1k $1.3m $1.3m 0.18% Added +1.3k +1,310
28 Pure Financial Advisors, LLC 0.02% of their portfolio SAN DIEGO, CA 57,08157.1k $1.3m $1.3m 0.02% Unchanged
29 RMR Wealth Builders 0.10% of their portfolio Montclair, NJ 56,75056.8k $1.3m $1.3m 0.10% Added +12.6k +12,626
30 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 52,48852.5k $1.2m $1.2m 0.01% Reduced -177 -177
31 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 51,69551.7k $1.2m $1.2m 0.01% Added +4.6k +4,579
32 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.02% of their portfolio MINNEAPOLIS, MN 51,16751.2k $1.2m $1.2m 0.02% Reduced -16.0k -15,973
33 EAGLE GLOBAL ADVISORS LLC 0.04% of their portfolio Houston, TX 50,46450.5k $1.1m $1.1m 0.04% Added +3.9k +3,900
34 CROBAN 0.53% of their portfolio FREMONT, OH 50,04250.0k $1.1m $1.1m 0.53% Added +10.1k +10,069
35 SAGE FINANCIAL GROUP INC 0.07% of their portfolio W. CONSHOHOCKEN, PA 48,70348.7k $1.1m $1.1m 0.07% Reduced -11.4k -11,447
36 Cascade Financial Partners, LLC 0.11% of their portfolio SAN DIEGO, CA 46,66746.7k $1.1m $1.1m 0.11% Reduced -1.1k -1,136
37 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 45,96646.0k $1.0m $1.0m 0.00% Reduced -3.5k -3,540
38 GWN SECURITIES INC. 0.20% of their portfolio Palm Beach Gardens, FL 45,01045.0k $1.0m $1.0m 0.20% Added +17.9k +17,914
39 CIBC Bancorp USA Inc. 0.00% of their portfolio CHICAGO, IL 44,01744.0k $997.4k $997.4k 0.00% First filing
40 CARY STREET PARTNERS FINANCIAL LLC 0.02% of their portfolio RICHMOND, VA 43,85143.9k $993.7k $993.7k 0.02% Added +931 +931
41 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 43,08043.1k $976.2k $976.2k 0.00% Added +795 +795
42 JACOBSON & SCHMITT ADVISORS, LLC 0.17% of their portfolio MIDDLETON, WI 41,93141.9k $950.2k $950.2k 0.17% Added +364 +364
43 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 41,59041.6k $942.4k $942.4k 0.00% Reduced -6.1k -6,072
44 DIVERSIFY WEALTH MANAGEMENT, LLC 0.02% of their portfolio SANDY, UT 41,50041.5k $940.8k $940.8k 0.02% New
45 DEAN INVESTMENT ASSOCIATES, LLC 0.13% of their portfolio BEAVERCREEK, OH 41,00041.0k $929.1k $929.1k 0.13% Unchanged
46 Blake Schutter Theil Wealth Advisors, LLC 0.76% of their portfolio DAYTON, OH 41,00041.0k $929.1k $929.1k 0.76% Unchanged
47 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 38,86538.9k $880.7k $880.7k 0.02% Added +1.2k +1,152
48 Dakota Wealth Management 0.02% of their portfolio PALM BEACH GARDENS, FL 38,31738.3k $868.3k $868.3k 0.02% Reduced -17.6k -17,609
49 Fifth Third Securities, Inc. 0.05% of their portfolio Cincinnati, OH 37,36437.4k $846.7k $846.7k 0.05% Reduced -120 -120
50 Sowell Financial Services LLC 0.03% of their portfolio NORTH LITTLE ROCK, AR 37,16037.2k $842.0k $842.0k 0.03% Reduced -10.7k -10,671
51 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 36,90836.9k $836.3k $836.3k 0.00% Added +1.0k +1,028
52 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 36,50636.5k $827.2k $827.2k 0.01% Added +5.8k +5,762
53 NAPLES GLOBAL ADVISORS, LLC 0.06% of their portfolio NAPLES, FL 34,42534.4k $780.1k $780.1k 0.06% Reduced -1.1k -1,100
54 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 29,86529.9k $676.7k $676.7k 0.01% Added +11.1k +11,064
55 REGIONS FINANCIAL CORP 0.00% of their portfolio BIRMINGHAM, AL 29,28629.3k $663.6k $663.6k 0.00% New
56 NewSquare Capital LLC 0.06% of their portfolio NEWTOWN SQUARE, PA 28,07728.1k $636.2k $636.2k 0.06% Added +515 +515
57 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 28,03728.0k $635.3k $635.3k 0.00% Reduced -2.5k -2,487
58 Occidental Asset Management, LLC 0.07% of their portfolio Burlingame, CA 26,87126.9k $608.9k $608.9k 0.07% Reduced -448 -448
59 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 26,82926.8k $607.9k $607.9k 0.00% Added +4.0k +3,985
60 Summit Financial, LLC 0.01% of their portfolio PARSIPPANY, NJ 26,15726.2k $592.7k $592.7k 0.01% Added +10.4k +10,371
61 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 25,99826.0k $589.1k $589.1k 0.00% Added +16.3k +16,267
62 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 25,77025.8k $583.9k $583.9k 0.00% Added +22 +22
63 Keudell/Morrison Wealth Management 0.12% of their portfolio Salem, OR 25,08425.1k $568.4k $568.4k 0.12% Added +5.6k +5,569
64 Garden State Investment Advisory Services LLC 0.13% of their portfolio Red Bank, NJ 24,10124.1k $546.2k $546.2k 0.13% New
65 HB Wealth Management, LLC 0.00% of their portfolio Atlanta, GA 21,88621.9k $495.9k $495.9k 0.00% Unchanged
66 Curtis Advisory Group, LLC 0.11% of their portfolio SANTA BARBARA, CA 21,51121.5k $487.4k $487.4k 0.11% Unchanged
67 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 20,80120.8k $470.9k $470.9k 0.00% Reduced -21.4k -21,403
68 Allen Capital Group, LLC 0.04% of their portfolio GRAND ISLAND, NE 19,86319.9k $450.1k $450.1k 0.04% Reduced -894 -894
69 QP WEALTH MANAGEMENT, LLC 0.77% of their portfolio BOCA RATON, FL 19,79919.8k $448.6k $448.6k 0.77% Added +5.2k +5,197
70 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 19,58319.6k $444.0k $444.0k 0.00% Added +1.7k +1,653
71 TRUSTMARK BANK TRUST DEPARTMENT 0.03% of their portfolio JACKSON, MS 19,38319.4k $439.2k $439.2k 0.03% Reduced -23.5k -23,455
72 Capital Advisors Wealth Management, LLC 0.06% of their portfolio YAKIMA, WA 19,16419.2k $434.3k $434.3k 0.06% Reduced -41.9k -41,866
73 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 19,12019.1k $432.5k $432.5k 0.00% Added +10.2k +10,208
74 Bison Wealth, LLC 0.04% of their portfolio ATLANTA, GA 19,02119.0k $431.0k $431.0k 0.04% Reduced -1.1k -1,093
75 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 18,97219.0k $429.9k $429.9k 0.00% Reduced -3.6k -3,633
76 Valeo Financial Advisors, LLC 0.01% of their portfolio CARMEL, IN 18,61018.6k $421.7k $421.7k 0.01% New
77 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 18,56118.6k $420.6k $420.6k 0.00% New
78 FLAGSHIP HARBOR ADVISORS, LLC 0.02% of their portfolio BOSTON, MA 17,87517.9k $405.0k $405.0k 0.02% Added +2.5k +2,500
79 CAPITAL FINANCIAL GROUP INC\CO\ /ADV 0.22% of their portfolio LITTLETON, CO 17,86617.9k $404.8k $404.8k 0.22% Unchanged
80 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 16,57016.6k $375.5k $375.5k 0.00% Unchanged
81 ELEVATION POINT WEALTH PARTNERS, LLC 0.01% of their portfolio DENVER, CO 16,00616.0k $362.7k $362.7k 0.01% Added +2.6k +2,628
82 Vestmark Advisory Solutions, Inc. 0.00% of their portfolio Wakefield, MA 16,00516.0k $362.7k $362.7k 0.00% Added +2.6k +2,627
83 ROMAN BUTLER FULLERTON & CO 0.10% of their portfolio ST LOUIS, MO 15,91215.9k $361.1k $361.1k 0.10% Added +1.8k +1,794
84 PFG Advisors 0.02% of their portfolio Phoenix, AZ 15,79215.8k $357.8k $357.8k 0.02% Reduced -3.6k -3,601
85 PERSPECTIVE WEALTH ADVISORS LLC 0.22% of their portfolio LOVELAND, CO 15,08315.1k $341.8k $341.8k 0.22% Added +2.7k +2,651
86 Keebeck Wealth Management 0.04% of their portfolio Chicago, IL 14,76014.8k $334.5k $334.5k 0.04% Reduced -440 -440
87 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 14,41814.4k $326.7k $326.7k 0.01% Unchanged
88 BLUELINE ADVISORS LLC 0.25% of their portfolio EXETER, NH 14,18914.2k $321.5k $321.5k 0.25% Added +8.5k +8,492
89 Fourth Dimension Wealth, LLC 0.12% of their portfolio MIDDLEBURG HEIGHTS, OH 14,01514.0k $317.6k $317.6k 0.12% Added +150 +150
90 Argent Trust Co 0.01% of their portfolio NASHVILLE, TN 13,60813.6k $308.4k $308.4k 0.01% Unchanged
91 Richard P Slaughter Associates Inc 0.07% of their portfolio AUSTIN, TX 13,60813.6k $308.4k $308.4k 0.07% Unchanged
92 Independent Advisor Alliance 0.00% of their portfolio CHARLOTTE, NC 13,58313.6k $307.8k $307.8k 0.00% New
93 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 13,51113.5k $306.2k $306.2k 0.00% Added +1.6k +1,590
94 BRANDYWINE OAK PRIVATE WEALTH LLC 0.03% of their portfolio Kennett Square, PA 13,38113.4k $303.2k $303.2k 0.03% Unchanged
95 Bryn Mawr Trust Advisors, LLC 0.01% of their portfolio PHILADELPHIA, PA 13,34513.3k $302.4k $302.4k 0.01% Unchanged
96 Wedmont Private Capital 0.01% of their portfolio WEST CHESTER, PA 13,31513.3k $302.1k $302.1k 0.01% New
97 RFG Advisory, LLC 0.01% of their portfolio BIRMINGHAM, AL 12,97513.0k $294.0k $294.0k 0.01% Added +3.6k +3,581
98 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 12,97213.0k $293.9k $293.9k 0.00% Added +6 +6
99 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 12,73612.7k $289.0k $289.0k 0.01% Reduced -4.1k -4,121
100 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 12,56212.6k $284.6k $284.6k 0.00% Added +653 +653