Vault-13

VANECK ETF TRUST SMB

VANECK SHRT MUNI · ETP · CUSIP 92189F528

104 institutional holders +1 vs Q1 2026
13,421,62613.4m shares reported held*
$232.9mreported value*
13 new 38 added 30 reduced 10 sold out net bought ≈ $12.7m (+733.9k 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 ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $17.35.

Trends to Q2 2026

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: 94Q3 25: 92Q4 25: 100Q1 26: 103Q2 26: 104104Q3 22Q3 23Q3 24Q3 25Q2 26
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
Q3 202592
Q4 2025100
Q1 2026103
Q2 2026104

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 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 25Q3 25: 44 bought or addedQ3 25: 41 cut or sold outQ4 25: 54 bought or addedQ4 25: 32 cut or sold outQ4 25Q1 26: 49 bought or addedQ1 26: 45 cut or sold outQ2 26: 51 bought or addedQ2 26: 40 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242942
Q4 20244131
Q1 20254233
Q2 20254136
Q3 20254441
Q4 20255432
Q1 20264945
Q2 20265140

Biggest buyers

Savant Capital, LLC Added +279,070+279.1k
MY Wealth Management Inc. New +258,905+258.9k
INDEPENDENT FINANCIAL GROUP, LLC Added +140,955+141.0k
STIFEL FINANCIAL CORP Added +86,719+86.7k
JPMORGAN CHASE & CO Added +83,343+83.3k
Elequin Capital, LP New +64,721+64.7k
L2 Asset Management, LLC New +47,705+47.7k
FORONJY FINANCIAL LLC New +43,125+43.1k
MML INVESTORS SERVICES, LLC Added +42,333+42.3k
LPL Financial LLC Added +38,737+38.7k

Biggest sellers

RAYMOND JAMES FINANCIAL INC Reduced -230,727-230.7k
Allworth Financial LP Reduced -98,441-98.4k
BANK OF AMERICA CORP /DE/ Reduced -67,627-67.6k
AMERIPRISE FINANCIAL INC Reduced -43,801-43.8k
FLOW TRADERS U.S. LLC Sold out -29,384-29.4k
SEI INVESTMENTS CO Reduced -23,614-23.6k
JANE STREET GROUP, LLC Sold out -23,508-23.5k
Cetera Investment Advisers Reduced -20,920-20.9k
Tower Research Capital LLC (TRC) Reduced -20,288-20.3k
WealthShield Partners, LLC Sold out -15,813-15.8k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Allworth Financial LP 0.17% of their portfolio FOLSOM, CA 2,276,5692.3m $39.5m $39.5m 0.17% Reduced -98.4k -98,441
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,541,8241.5m $26.8m $26.8m 0.00% Reduced -67.6k -67,627
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 867,464867.5k $15.1m $15.1m 0.00% Added +34.0k +34,041
4 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 811,871811.9k $14.1m $14.1m 0.00% Reduced -230.7k -230,727
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 718,190718.2k $12.5m $12.5m 0.00% Added +83.3k +83,343
6 Savant Capital, LLC 0.03% of their portfolio ROCKFORD, IL 597,809597.8k $10.4m $10.4m 0.03% Added +279.1k +279,070
7 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 595,415595.4k $10.3m $10.3m 0.00% Added +38.7k +38,737
8 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 589,883589.9k $10.2m $10.2m 0.00% Added +20.2k +20,228
9 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 458,149458.1k $7.9m $7.9m 0.01% Added +86.7k +86,719
10 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 390,628390.6k $6.8m $6.8m 0.00% Reduced -43.8k -43,801
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 352,364352.4k $6.1m $6.1m 0.00% Added +20.4k +20,353
12 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 270,992271.0k $4.7m $4.7m 0.00% Reduced -23.6k -23,614
13 MY Wealth Management Inc. 3.16% of their portfolio GERMANTOWN, MD 258,905258.9k $4.5m $4.5m 3.16% New
14 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 239,576239.6k $4.2m $4.2m 0.01% Added +6.7k +6,661
15 CONDOR CAPITAL MANAGEMENT 0.30% of their portfolio MARTINSVILLE, NJ 228,497228.5k $4.0m $4.0m 0.30% Added +631 +631
16 NICOLET BANKSHARES INC 0.11% of their portfolio GREEN BAY, WI 208,000208.0k $3.6m $3.6m 0.11% Unchanged
17 Willis Johnson & Associates, Inc. 0.20% of their portfolio Houston, TX 204,147204.1k $3.5m $3.5m 0.20% Reduced -2.5k -2,505
18 INDEPENDENT FINANCIAL GROUP, LLC 0.06% of their portfolio SAN DIEGO, CA 185,432185.4k $3.2m $3.2m 0.06% Added +141.0k +140,955
19 IMPACTfolio, LLC 1.14% of their portfolio DENVER, CO 174,525174.5k $3.0m $3.0m 1.14% Added +1.6k +1,601
20 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 146,268146.3k $2.5m $2.5m 0.00% Added +432 +432
21 Gradient Investments LLC 0.03% of their portfolio ARDEN HILLS, MN 135,162135.2k $2.3m $2.3m 0.03% Added +104 +104
22 Valeo Financial Advisors, LLC 0.05% of their portfolio CARMEL, IN 134,006134.0k $2.3m $2.3m 0.05% Reduced -2.7k -2,666
23 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 130,814130.8k $2.3m $2.3m 0.00% Added +42.3k +42,333
24 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 103,767103.8k $1.8m $1.8m 0.00% Added +25.2k +25,244
25 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 100,520100.5k $1.7m $1.7m 0.01% Reduced -3.4k -3,408
26 Prosperity Consulting Group, LLC 0.06% of their portfolio OWINGS MILLS, MD 93,38393.4k $1.6m $1.6m 0.06% Reduced -9.8k -9,776
27 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 90,26690.3k $1.6m $1.6m 0.01% Added +5.8k +5,766
28 Westside Investment Management, Inc. 0.17% of their portfolio SANTA MONICA, CA 74,35774.4k $1.3m $1.3m 0.17% Added +514 +514
29 Ascent Group, LLC 0.03% of their portfolio VIRGINIA BEACH, VA 65,34965.3k $1.1m $1.1m 0.03% Added +22.4k +22,359
30 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 65,07365.1k $1.1m $1.1m 0.01% Added +21.0k +20,994
31 Elequin Capital, LP 0.04% of their portfolio NEW YORK, NY 64,72164.7k $1.1m $1.1m 0.04% New
32 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 64,43464.4k $1.1m $1.1m 0.00% Reduced -2.0k -1,974
33 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 51,61851.6k $895.6k $895.6k 0.00% Added +15.0k +14,960
34 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.01% of their portfolio CINCINNATI, OH 50,68250.7k $879.3k $879.3k 0.01% Reduced -4.2k -4,181
35 FAS Wealth Partners, Inc. 0.04% of their portfolio LEAWOOD, KS 48,42648.4k $840.2k $840.2k 0.04% Added +1.1k +1,050
36 Ameritas Investment Partners, Inc. 0.02% of their portfolio LINCOLN, NE 48,23348.2k $836.8k $836.8k 0.02% Added +1.4k +1,424
37 L2 Asset Management, LLC 0.09% of their portfolio Wayland, MA 47,70547.7k $827.7k $827.7k 0.09% New
38 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 44,80744.8k $777.4k $777.4k 0.00% Reduced -1.6k -1,579
39 FORONJY FINANCIAL LLC 0.27% of their portfolio Los Osos, CA 43,12543.1k $748.2k $748.2k 0.27% New
40 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 40,10340.1k $695.8k $695.8k 0.00% Added +24.0k +24,032
41 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 38,48338.5k $667.7k $667.7k 0.01% Added +2.1k +2,137
42 Arkadios Wealth Advisors 0.01% of their portfolio ATLANTA, GA 38,41438.4k $666.5k $666.5k 0.01% Added +2.8k +2,848
43 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 37,68737.7k $653.9k $653.9k 0.00% Reduced -3.7k -3,654
44 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 37,04037.0k $642.6k $642.6k 0.00% Added +212 +212
45 Composition Wealth, LLC 0.01% of their portfolio LOS ANGELES, CA 36,55236.6k $634.2k $634.2k 0.01% Reduced -2.0k -1,999
46 PRIVATE TRUST CO NA 0.04% of their portfolio CLEVELAND, OH 32,06032.1k $556.2k $556.2k 0.04% Unchanged
47 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 31,00031.0k $537.8k $537.8k 0.00% Reduced -20.9k -20,920
48 Stronghold Wealth Management L.L.C. 0.70% of their portfolio TAMPA, FL 30,07230.1k $521.7k $521.7k 0.70% Reduced -167 -167
49 ORBA Wealth Advisors, L.L.C. 0.45% of their portfolio CHICAGO, IL 30,02330.0k $520.9k $520.9k 0.45% Added +1.3k +1,271
50 Mariner, LLC 0.00% of their portfolio Overland Park, KS 29,37129.4k $509.6k $509.6k 0.00% Unchanged
51 LaSalle St. Investment Advisors, LLC 0.06% of their portfolio ELMHURST, IL 27,63827.6k $479.5k $479.5k 0.06% Added +17.3k +17,319
52 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 26,82726.8k $465.0k $465.0k 0.00% Added +9.8k +9,825
53 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 26,26326.3k $455.7k $455.7k 0.00% Reduced -12.0k -11,973
54 Diversified Portfolios, Inc. 0.03% of their portfolio Bloomfield Hills, MI 22,42922.4k $389.1k $389.1k 0.03% Reduced -3.0k -3,047
55 LIBERTY SQUARE WEALTH PARTNERS LLC 0.09% of their portfolio BETHLEHEM, PA 21,76421.8k $377.6k $377.6k 0.09% Added +2 +2
56 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 21,58721.6k $374.5k $374.5k 0.00% Reduced -4.9k -4,892
57 Capital Asset Advisory Services LLC 0.01% of their portfolio Williamston, MI 21,40021.4k $371.3k $371.3k 0.01% Added +2.0k +2,000
58 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 21,40021.4k $371.3k $371.3k 0.01% New
59 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 20,98221.0k $364.0k $364.0k 0.00% New
60 JUNCTURE WEALTH STRATEGIES, LLC 0.09% of their portfolio SCOTTSDALE, AZ 20,46320.5k $355.0k $355.0k 0.09% Unchanged
61 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 19,98220.0k $346.7k $346.7k 0.00% Reduced -2.0k -2,028
62 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 19,29919.3k $334.8k $334.8k 0.01% First filing
63 One Capital Management, LLC 0.01% of their portfolio WESTLAKE VILLAGE, CA 18,46318.5k $319.4k $319.4k 0.01% Unchanged
64 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 17,04417.0k $295.0k $295.0k 0.00% New
65 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 14,34514.3k $248.9k $248.9k 0.00% New
66 PRIVATE CLIENT SERVICES, LLC 0.06% of their portfolio LOUISVILLE, KY 14,13214.1k $245.2k $245.2k 0.06% Unchanged
67 RFG Advisory, LLC 0.00% of their portfolio BIRMINGHAM, AL 14,10914.1k $244.8k $244.8k 0.00% New
68 BOSTON FAMILY OFFICE LLC 0.01% of their portfolio BOSTON, MA 13,89613.9k $241.0k $241.0k 0.01% Unchanged
69 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 13,88213.9k $241.0k $241.0k 0.00% Added +452 +452
70 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 12,38512.4k $214.9k $214.9k 0.00% Added +329 +329
71 PFG Investments, LLC 0.01% of their portfolio WOODBURY, NY 12,18712.2k $211.4k $211.4k 0.01% Reduced -268 -268
72 VICUS CAPITAL 0.01% of their portfolio STATE COLLEGE, PA 11,90711.9k $206.6k $206.6k 0.01% Added +22 +22
73 M Holdings Securities, Inc. 0.03% of their portfolio PORTLAND, OR 11,85411.9k $206.0k $206.0k 0.03% Unchanged
74 Trilogy Capital Inc. 0.01% of their portfolio IRVINE, CA 11,60011.6k $201.3k $201.3k 0.01% Unchanged
75 One Wealth Map LLC 0.09% of their portfolio LAS VEGAS, NV 11,59111.6k $199.9k $199.9k 0.09% New
76 Detalus Advisors, LLC 0.04% of their portfolio ST. LOUIS, MO 11,40711.4k $197.9k $197.9k 0.04% Reduced -2.8k -2,827
77 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,32711.3k $195.6k $195.6k 0.00% Reduced -2.7k -2,682
78 Berger Financial Group, Inc 0.01% of their portfolio PLYMOUTH, MN 11,04811.0k $191.7k $191.7k 0.01% Unchanged
79 EVERMAY WEALTH MANAGEMENT LLC 0.02% of their portfolio ARLINGTON, VA 9,4729.5k $164.3k $164.3k 0.02% Unchanged
80 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 7,0007.0k $121.5k $121.5k 0.00% Unchanged
81 FMR LLC 0.00% of their portfolio BOSTON, MA 6,9186.9k $120.0k $120.0k 0.00% Added +30 +30
82 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 5,9716.0k $103.6k $103.6k 0.00% Added +2.8k +2,779
83 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 5,0005.0k $86.8k $86.8k 0.00% Reduced -2.4k -2,405
84 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 3,4283.4k $59.5k $59.5k 0.00% Reduced -1.3k -1,292
85 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 2,7652.8k $48.0k $48.0k 0.00% Added +219 +219
86 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 2,7302.7k $47.4k $47.4k 0.00% Reduced -150 -150
87 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 2,4502.5k $42.4k $42.4k 0.00% New
88 Versant Capital Management, Inc 0.00% of their portfolio PHOENIX, AZ 2,4112.4k $41.8k $41.8k 0.00% Unchanged
89 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 2,0032.0k $34.8k $34.8k 0.00% Unchanged
90 TUCKER ASSET MANAGEMENT LLC 0.01% of their portfolio LITTLETON, CO 1,1811.2k $20.5k $20.5k 0.01% Unchanged
91 FIDUCIARY FINANCIAL ADVISORS 0.00% of their portfolio GRAND RAPIDS, MI 862862 $15.0k $15.0k 0.00% New
92 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 785785 $13.6k $13.6k 0.00% Reduced -20.3k -20,288
93 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 686686 $11.9k $11.9k 0.00% Unchanged
94 Ritter Daniher Financial Advisory LLC / DE 0.00% of their portfolio CINCINNATI, OH 650650 $11.3k $11.3k 0.00% Added +2 +2
95 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 609609 $10.6k $10.6k 0.00% Unchanged
96 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 523523 $9.1k $9.1k 0.00% Reduced -9.9k -9,946
97 NFSG Corp 0.00% of their portfolio BOCA RATON, FL 333333 $5.8k $5.8k 0.00% Unchanged
98 MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio Windsor, CT 323323 $5.6k $5.6k 0.00% Unchanged
99 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 246246 $4.3k $4.3k 0.00% Reduced -7 -7
100 Rossby Financial, LCC 0.00% of their portfolio MELBOURNE, FL 4646 $798 $798 0.00% Unchanged