Vault-13

VANECK ETF TRUST SMB

VANECK SHRT MUNI · ETP · CUSIP 92189F528

94 institutional holders +2 vs Q1 2025
12,443,70712.4m shares reported held*
$214.6mreported value*
8 new 33 added 30 reduced 6 sold out net bought ≈ $15.7m (+909.9k 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 ($845.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $17.25.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 110Q4 22: 109Q1 23: 103Q2 23: 101Q3 23: 95Q4 23: 96Q1 24: 92Q2 24: 90Q3 24: 84Q4 24: 92Q1 25: 92Q2 25: 9494Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022110
Q4 2022109
Q1 2023103
Q2 2023101
Q3 202395
Q4 202396
Q1 202492
Q2 202490
Q3 202484
Q4 202492
Q1 202592
Q2 202594

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 23: 36 bought or addedQ3 23: 47 cut or sold outQ4 23: 41 bought or addedQ4 23: 50 cut or sold outQ4 23Q1 24: 38 bought or addedQ1 24: 40 cut or sold outQ2 24: 29 bought or addedQ2 24: 43 cut or sold outQ2 24Q3 24: 29 bought or addedQ3 24: 42 cut or sold outQ4 24: 41 bought or addedQ4 24: 31 cut or sold outQ4 24Q1 25: 42 bought or addedQ1 25: 33 cut or sold outQ2 25: 41 bought or addedQ2 25: 36 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233647
Q4 20234150
Q1 20243840
Q2 20242943
Q3 20242942
Q4 20244131
Q1 20254233
Q2 20254136

Biggest buyers

Composition Wealth, LLC New +406,418+406.4k
MY Wealth Management Inc. New +253,241+253.2k
STIFEL FINANCIAL CORP Added +101,101+101.1k
Allworth Financial LP Added +96,020+96.0k
Gradient Investments LLC New +90,573+90.6k
JPMORGAN CHASE & CO Added +68,847+68.8k
M Holdings Securities, Inc. Added +62,217+62.2k
LPL Financial LLC Added +54,337+54.3k
SEI INVESTMENTS CO Added +40,716+40.7k
PrairieView Partners, LLC Added +36,095+36.1k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -185,709-185.7k
Diversified Portfolios, Inc. Reduced -64,919-64.9k
Rehmann Capital Advisory Group Reduced -44,056-44.1k
ENVESTNET ASSET MANAGEMENT INC Reduced -43,355-43.4k
FLOW TRADERS U.S. LLC Sold out -39,387-39.4k
AMERIPRISE FINANCIAL INC Reduced -35,319-35.3k
JANE STREET GROUP, LLC Reduced -26,108-26.1k
UBS Group AG Reduced -22,124-22.1k
Willis Johnson & Associates, Inc. Reduced -20,716-20.7k
Strategic Financial Concepts, LLC Sold out -14,619-14.6k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,880,7251.9m $32.5m $32.5m 0.00% Reduced -185.7k -185,709
2 Allworth Financial LP 0.15% of their portfolio FOLSOM, CA 1,867,0631.9m $32.2m $32.2m 0.15% Added +96.0k +96,020
3 M Holdings Securities, Inc. 2.00% of their portfolio PORTLAND, OR 675,266675.3k $11.7m $11.7m 2.00% Added +62.2k +62,217
4 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 562,567562.6k $9.7m $9.7m 0.00% Added +19.3k +19,268
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 558,498558.5k $9.6m $9.6m 0.00% Added +54.3k +54,337
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 519,043519.0k $9.0m $9.0m 0.00% Added +28.1k +28,052
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 512,454512.5k $8.8m $8.8m 0.00% Added +68.8k +68,847
8 Composition Wealth, LLC 0.12% of their portfolio LOS ANGELES, CA 406,418406.4k $7.0m $7.0m 0.12% New
9 DOHJ, LLC 1.92% of their portfolio SEATTLE, WA 389,766389.8k $6.6m $6.6m 1.92% Added +25.5k +25,462
10 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 378,708378.7k $6.5m $6.5m 0.00% Reduced -35.3k -35,319
11 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 340,161340.2k $5.9m $5.9m 0.01% Added +101.1k +101,101
12 PrairieView Partners, LLC 0.55% of their portfolio ST. PAUL, MN 329,136329.1k $5.7m $5.7m 0.55% Added +36.1k +36,095
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 308,200308.2k $5.3m $5.3m 0.00% Reduced -22.1k -22,124
14 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 264,144264.1k $4.6m $4.6m 0.01% Added +40.7k +40,716
15 MY Wealth Management Inc. 4.19% of their portfolio GERMANTOWN, MD 253,241253.2k $4.4m $4.4m 4.19% New
16 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 228,882228.9k $4.0m $4.0m 0.01% Added +31.8k +31,840
17 CONDOR CAPITAL MANAGEMENT 0.32% of their portfolio MARTINSVILLE, NJ 215,199215.2k $3.7m $3.7m 0.32% Added +681 +681
18 Willis Johnson & Associates, Inc. 0.25% of their portfolio Houston, TX 212,711212.7k $3.7m $3.7m 0.25% Reduced -20.7k -20,716
19 MIdWestOne Financial Group, Inc. 0.46% of their portfolio Iowa City, IA 203,904203.9k $3.5m $3.5m 0.46% Added +33.1k +33,115
20 Prosperity Consulting Group, LLC 0.21% of their portfolio OWINGS MILLS, MD 167,231167.2k $2.9m $2.9m 0.21% Reduced -8.7k -8,689
21 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 162,393162.4k $2.8m $2.8m 0.00% Added +15.4k +15,411
22 IMPACTfolio, LLC 1.28% of their portfolio DENVER, CO 156,672156.7k $2.7m $2.7m 1.28% Added +5.1k +5,075
23 Janney Capital Management LLC 0.16% of their portfolio PITTSBURGH, PA 143,426143.4k $2.5m $2.5m 0.16% Reduced -1.4k -1,448
24 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 136,927136.9k $2.4m $2.4m 0.02% Added +20.4k +20,442
25 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 104,259104.3k $1.8m $1.8m 0.01% Reduced -2.9k -2,923
26 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 93,12493.1k $1.6m $1.6m 0.00% Reduced -3.3k -3,307
27 Gradient Investments LLC 0.03% of their portfolio ARDEN HILLS, MN 90,57390.6k $1.6m $1.6m 0.03% New
28 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 76,68976.7k $1.3m $1.3m 0.00% Added +5.7k +5,706
29 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 67,89667.9k $1.2m $1.2m 0.01% Added +5.6k +5,638
30 Westside Investment Management, Inc. 0.22% of their portfolio SANTA MONICA, CA 67,46267.5k $1.2m $1.2m 0.22% Added +459 +459
31 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 53,08953.1k $916.3k $916.3k 0.00% Reduced -43.4k -43,355
32 Ascent Group, LLC 0.03% of their portfolio VIRGINIA BEACH, VA 49,00449.0k $845.8k $845.8k 0.03% Added +22.1k +22,119
33 Freedom Investment Management, Inc. 0.07% of their portfolio SOUTH WINDSOR, CT 48,92248.9k $844.4k $844.4k 0.07% Reduced -2.2k -2,218
34 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.01% of their portfolio CINCINNATI, OH 47,58847.6k $821.4k $821.4k 0.01% Reduced -7.4k -7,375
35 COMERICA BANK 0.00% of their portfolio DALLAS, TX 43,92743.9k $758.2k $758.2k 0.00% Unchanged
36 PRIVATE TRUST CO NA 0.07% of their portfolio CLEVELAND, OH 42,00942.0k $725.1k $725.1k 0.07% Reduced -4.2k -4,187
37 Ameritas Investment Partners, Inc. 0.02% of their portfolio LINCOLN, NE 41,68741.7k $719.5k $719.5k 0.02% Reduced -4.7k -4,741
38 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 40,80540.8k $704.3k $704.3k 0.02% Added +552 +552
39 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 40,72440.7k $702.9k $702.9k 0.00% Added +3.8k +3,756
40 FAS Wealth Partners, Inc. 0.05% of their portfolio LEAWOOD, KS 39,83639.8k $687.6k $687.6k 0.05% Reduced -564 -564
41 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 36,32336.3k $626.9k $626.9k 0.01% Reduced -3.0k -2,991
42 Arkadios Wealth Advisors 0.02% of their portfolio ATLANTA, GA 34,50034.5k $595.5k $595.5k 0.02% Added +3.3k +3,300
43 LIBERTY SQUARE WEALTH PARTNERS LLC 0.19% of their portfolio BETHLEHEM, PA 32,50932.5k $561.1k $561.1k 0.19% Unchanged
44 JUNCTURE WEALTH STRATEGIES, LLC 0.20% of their portfolio SCOTTSDALE, AZ 31,96232.0k $551.7k $551.7k 0.20% Added +1.1k +1,075
45 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 28,74528.7k $496.1k $496.1k 0.00% Reduced -26.1k -26,108
46 Diversified Portfolios, Inc. 0.05% of their portfolio Bloomfield Hills, MI 28,11428.1k $485.2k $485.2k 0.05% Reduced -64.9k -64,919
47 Prime Capital Investment Advisors, LLC 0.01% of their portfolio OVERLAND PARK, KS 27,44427.4k $473.7k $473.7k 0.01% Added +179 +179
48 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 27,36227.4k $472.8k $472.8k 0.00% Reduced -1.4k -1,359
49 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 26,21026.2k $451.9k $451.9k 0.00% Added +4.7k +4,718
50 One Capital Management, LLC 0.02% of their portfolio WESTLAKE VILLAGE, CA 25,71025.7k $443.8k $443.8k 0.02% Unchanged
51 Detalus Advisors, LLC 0.13% of their portfolio ST. LOUIS, MO 25,64625.6k $442.6k $442.6k 0.13% Added +3.5k +3,465
52 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 25,50025.5k $440.0k $440.0k 0.00% Added +12.8k +12,750
53 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 22,02822.0k $380.0k $380.0k 0.00% Reduced -7.1k -7,107
54 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 21,62421.6k $373.2k $373.2k 0.00% New
55 Capital Asset Advisory Services LLC 0.02% of their portfolio Williamston, MI 19,80019.8k $341.3k $341.3k 0.02% Unchanged
56 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 19,80019.8k $341.7k $341.7k 0.01% Unchanged
57 Rehmann Capital Advisory Group 0.02% of their portfolio LANSING, MI 18,39818.4k $317.6k $317.6k 0.02% Reduced -44.1k -44,056
58 Fluent Financial, LLC 0.12% of their portfolio DALLAS, TX 17,06517.1k $294.5k $294.5k 0.12% Added +35 +35
59 WealthShield Partners, LLC 0.03% of their portfolio CARY, NC 15,81315.8k $272.7k $272.7k 0.03% Unchanged
60 PFG Investments, LLC 0.02% of their portfolio WOODBURY, NY 15,16015.2k $261.7k $261.7k 0.02% Reduced -1.5k -1,532
61 TITLEIST ASSET MANAGEMENT, LLC 0.02% of their portfolio SAN ANTONIO, TX 14,52514.5k $250.7k $250.7k 0.02% Unchanged
62 BOSTON FAMILY OFFICE LLC 0.02% of their portfolio BOSTON, MA 13,89613.9k $240.0k $240.0k 0.02% Unchanged
63 KAVAR CAPITAL PARTNERS GROUP, LLC 0.03% of their portfolio LEAWOOD, KS 12,50012.5k $215.8k $215.8k 0.03% New
64 EverSource Wealth Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 12,07012.1k $208.3k $208.3k 0.01% Added +1.9k +1,890
65 FLAGSHIP HARBOR ADVISORS, LLC 0.01% of their portfolio BOSTON, MA 11,13211.1k $192.1k $192.1k 0.01% Added +1 +1
66 Berger Financial Group, Inc 0.01% of their portfolio PLYMOUTH, MN 11,04811.0k $190.7k $190.7k 0.01% Unchanged
67 Transce3nd, LLC 0.08% of their portfolio BUDA, TX 10,73110.7k $185.2k $185.2k 0.08% Unchanged
68 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 10,72610.7k $185.1k $185.1k 0.00% New
69 Cherry Tree Wealth Management, LLC 0.04% of their portfolio MINNETONKA, MN 10,62810.6k $183.4k $183.4k 0.04% Reduced -1.8k -1,844
70 EVERMAY WEALTH MANAGEMENT LLC 0.02% of their portfolio ARLINGTON, VA 9,4729.5k $163.5k $163.5k 0.02% Unchanged
71 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 8,0008.0k $138.1k $138.1k 0.00% Unchanged
72 Golden State Wealth Management, LLC 0.02% of their portfolio SANTA ANA, CA 7,5477.5k $130.3k $130.3k 0.02% Reduced -44 -44
73 Versant Capital Management, Inc 0.01% of their portfolio PHOENIX, AZ 5,4355.4k $93.8k $93.8k 0.01% Reduced -81 -81
74 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 5,1125.1k $88.2k $88.2k 0.00% Added +21 +21
75 CWM, LLC 0.00% of their portfolio OMAHA, NE 4,3844.4k $76.0k $76.0k 0.00% Unchanged
76 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 3,8473.8k $66.4k $66.4k 0.00% Added +983 +983
77 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 3,5803.6k $61.8k $61.8k 0.00% Reduced -100 -100
78 Keystone Global Partners, LLC 0.03% of their portfolio DENVER, CO 3,3543.4k $57.9k $57.9k 0.03% Reduced -11.7k -11,668
79 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 3,0733.1k $53.0k $53.0k 0.00% Unchanged
80 VALLEY WEALTH MANAGERS, INC. 0.00% of their portfolio PARAMUS, NJ 2,4072.4k $41.5k $41.5k 0.00% Unchanged
81 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 2,3852.4k $41.2k $41.2k 0.00% First filing
82 Clean Yield Group 0.01% of their portfolio NORWICH, VT 2,2162.2k $38.2k $38.2k 0.01% Unchanged
83 Anchor Investment Management, LLC 0.00% of their portfolio COLUMBIA, SC 2,0002.0k $34.5k $34.5k 0.00% New
84 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 686686 $11.8k $11.8k 0.00% New
85 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 544544 $9.4k $9.4k 0.00% Reduced -21 -21
86 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 386386 $6.7k $6.7k 0.00% Reduced -120 -120
87 NFSG Corp 0.00% of their portfolio BOCA RATON, FL 333333 $5.7k $5.7k 0.00% Unchanged
88 MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio Windsor, CT 323323 $5.6k $5.6k 0.00% Unchanged
89 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 253253 $4.4k $4.4k 0.00% Reduced -254 -254
90 WPG Advisers, LLC 0.00% of their portfolio BALTIMORE, MD 3838 $656 $656 0.00% Unchanged
91 FMR LLC 0.00% of their portfolio BOSTON, MA 3131 $531 $531 0.00% Reduced -483 -483
92 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 55 $87 $87 0.00% Unchanged
93 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 22 $35 $35 0.00% Unchanged
94 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged