VANGUARD MUN BD FDS (VCRM)

Neutral

Insufficient data to determine institutional momentum.

Data as of Q1 2026

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Institutional Holders

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Buy / Sell Volume by Quarter

Total shares institutions bought (green) vs sold (red) each quarter across all holders.

Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.

No sector peer set for this ticker (missing sector classification, or too few peers with collected financials).

No collected fundamentals to build a valuation model.

No collected fundamentals for a quality & risk analysis.

No collected fundamentals for a dividends & returns analysis.

No collected fundamentals for a capital-allocation analysis.

Ownership Map

Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.

Size by

Drag any bubble to rearrange · size = dollar value of the position

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Crowding AnalysisCrowded

Holders123of 5,944

Avg: 68

Uncrowded88th percentileCrowded

Institutional Activity

Buy/Sell Ratio3.14x

75th percentile

88 buying28 selling

+16

New

-8

Closed

+4.2M

Net shares

Ownership Concentration

Top 5: 55.3%Top 10: 69.5%

HBK Sorce Advisory33.7%

Aprio Wealth Management,6.1%

Verum Partners5.9%

Karpus Management,5.7%

Mills Wealth Advisors3.9%

Others (118)44.7%

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Institutional Trends (6 Quarters)

No trend data available for this metric.

No collected fundamentals for a debt & leverage analysis.

Not enough quarter-end price history for a performance view. (Run collect_prices.py for this ticker.)

Ownership Map

Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.

Size by

Drag any bubble to rearrange · size = dollar value of the position

Ownership Map

Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.

Size by

Drag any bubble to rearrange · size = dollar value of the position

Conviction-Weighted Ownership

Median weight: 2.30%Avg weight: 3.54%Max: 10.48%High conviction (>1%): 7

HBK Sorce Advisory

Aprio Wealth Management,

Verum Partners

Karpus Management,

Mills Wealth Advisors

Topsail Wealth Management,

Focus Partners Wealth

Confluence Wealth Services,

Opus Capital Group,

JONES FINANCIAL COMPANIES LLLP

Crowding AnalysisCrowded

Holders123of 5,944

Avg: 68

Uncrowded88th percentileCrowded

Institutional Activity

Buy/Sell Ratio3.14x

75th percentile

88 buying28 selling

+16

New

-8

Closed

+4.2M

Net shares

Ownership Concentration

Top 5: 55.3%Top 10: 69.5%

HBK Sorce Advisory33.7%

Aprio Wealth Management,6.1%

Verum Partners5.9%

Karpus Management,5.7%

Mills Wealth Advisors3.9%

Others (118)44.7%

Crowding AnalysisCrowded

Holders123of 5,944

Avg: 68

Uncrowded88th percentileCrowded

Institutional Activity

Buy/Sell Ratio3.14x

75th percentile

88 buying28 selling

+16

New

-8

Closed

+4.2M

Net shares

Ownership Concentration

Top 5: 55.3%Top 10: 69.5%

HBK Sorce Advisory33.7%

Aprio Wealth Management,6.1%

Verum Partners5.9%

Karpus Management,5.7%

Mills Wealth Advisors3.9%

Others (118)44.7%