13F reference period
Q2 2026
Security Snapshot
Vanguard Municipal Bond Funds - Common (VCRM) Institutional Ownership
CUSIP: 922907712
13F Institutional Holders and Ownership History from Q4 2024 to Q3 2026
Institutions Reporting
155
Shares (Excl. Options)
13.06M
Full value: 13,062,910 · shares · 30 Jun 2026Price
$76.40
The headline uses the Q2 2026 reference period after its reporting deadline. Available reports may still be incomplete or amended. Newer periods in the history table contain incoming reports and may be incomplete.
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- Security type / class
- Equity / Common
- Symbol
- VCRM
- All holders as of 30 Jun 2026
- Q2 2026
- Total 13F shares
- 13,062,910
- Total 13F value
- $992,591,119
- Portfolio coverage rank
- 0.01%
- Share change
- +2,689,712
- Value change
- +$205,244,145
- Number of holders
- 155
- Shares outstanding
- 12,616,245
- SEC-reported price per share
- $72.14
Latest holder snapshot
5 signals
Issuer context
Names, identifiers, and filing context for this profile.
2 identity fields
13F Shares, Excluding Options vs Price
13F Value, Excluding Options
Total Investors
Filing notes and source
Key facts
- VCRM - Vanguard Municipal Bond Funds - Common is tracked under CUSIP 922907712.
- 155 institutions reported positions in Q2 2026.
- 1 significant owner is listed from Schedule 13D/13G reporting.
Change
- Holder count moved from 125 to 155 between Q1 2026 and Q2 2026.
- SEC-reported value moved from to
$775.84M
Full value: $775,844,064 · USD · 31 Mar 2026.$992.59M
Full value: $992,591,119 · USD · 30 Jun 2026
Research use
- You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
- 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.
Evidence
Source: SEC Form 13F
Open SEC evidence
Latest holder context comes from 155 institutions filings for Q2 2026.
Security key
922907712
13F reference period
Q2 2026
13F holders
155
13D/G owners
1
CIK / CUSIP context first
Broader feeds
Recent Quarterly Holder Reports
Open recent reporting periods for CUSIP 922907712:
13D/G owners
Significant owners
Large-stake holder rows connected to Schedule 13D/G evidence.
Rows
1
Security
VCRM
| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Karpus Management, Inc. | 4.7% | -36% | $45,191,616 | +$4,877,515 | 598,010 | +12% | KARPUS MANAGEMENT, INC. | 30 Jan 2026 |
As of 30 Jun 2026,
155
institutional investors reported holding
shares of
Vanguard Municipal Bond Funds - Common (VCRM).
This represents
104%
of the company’s total
outstanding shares.
13.06M
Full value: 13,062,910 · shares · 30 Jun 202612.62M
Full value: 12,616,245 · shares · Stored outstanding share count13F concentration
Top 25 institutional shareholders
Largest 13F positions for this security by reported shares and value.
Top holder share
82%
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| HBK Sorce Advisory LLC | 29% | 3,651,728 | +5.5% | 5.3% | $273,934,364 |
| Verum Partners LLC | 6.7% | 841,112 | +40% | 9.7% | $64,260,938 |
| Topsail Wealth Management, LLC | 4.9% | 615,176 | +60% | 6% | $46,999,453 |
| Karpus Management, Inc. | 4.9% | 613,630 | +4% | 1.3% | $46,881,333 |
| Aprio Wealth Management, LLC | 4.5% | 571,707 | -9.4% | 2.2% | $43,678,415 |
| JONES FINANCIAL COMPANIES LLLP | 4% | 500,175 | +104% | 0.02% | $38,178,373 |
| Mills Wealth Advisors LLC | 3.6% | 450,834 | +13% | 11% | $34,443,718 |
| Confluence Wealth Services, Inc. | 2.6% | 329,907 | +22% | 0.72% | $25,204,895 |
| Focus Partners Wealth | 2.3% | 288,155 | -6.4% | 0.02% | $22,015,082 |
| Opus Capital Group, LLC | 2% | 248,789 | -0.44% | 1.8% | $19,007,000 |
| San Luis Wealth Advisors LLC | 1.7% | 214,094 | -7.1% | 2.5% | $16,356,816 |
| TRUIST FINANCIAL CORP | 1.6% | 207,390 | +124% | 0.02% | $15,844,629 |
| Elite Life Management LLC | 1.5% | 193,761 | +11% | 17% | $14,534,981 |
| MB, LEVIS & ASSOCIATES, LLC | 1.4% | 182,879 | +0.55% | 5.1% | $13,971,933 |
| CGN Advisors LLC | 1.4% | 173,051 | +0.45% | 0.97% | $13,221,096 |
| Alaethes Wealth, LLC | 1.3% | 160,419 | 3.6% | $12,256,012 | |
| Tradewinds Capital Management, LLC | 1.2% | 153,988 | 2.1% | $11,764,684 | |
| JANE STREET GROUP, LLC | 1.2% | 153,725 | +614% | 0.01% | $11,744,590 |
| Mallini Complete Financial Planning LLC | 1% | 131,776 | 7.2% | $10,067,686 | |
| Verus Financial Partners, Inc. | 0.94% | 118,924 | +22% | 0.78% | $9,085,818 |
| TFO Wealth Partners, LLC | 0.91% | 115,064 | +39% | 0.96% | $8,790,871 |
| Penney Financial, LLC | 0.9% | 113,444 | 3% | $8,667,122 | |
| Keystone Financial Group, Inc. | 0.86% | 109,104 | +83% | 4.4% | $8,335,575 |
| LPL Financial LLC | 0.79% | 99,595 | +78% | 0% | $7,609,084 |
| Integrated Wealth Concepts LLC | 0.77% | 97,452 | +490% | 0.05% | $7,445,368 |
Quarter history
Institutional holders across reporting periods
Holder count, reported shares/value, and median price by quarter.
Periods
8
Headline period
Q2 2026
Rows shown
1-8 of 8
| Period | 13F Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2026 Q3 | 7,364,052 | $526,713,331 | +$182,964,379 | $71.57 | 97 |
| 2026 Q2 | 13,062,910 | $992,591,119 | +$205,244,145 | $76.40 | 155 |
| 2026 Q1 | 10,295,768 | $775,844,064 | +$317,003,716 | $75.15 | 125 |
| 2025 Q4 | 6,094,257 | $460,825,847 | +$155,463,136 | $75.57 | 117 |
| 2025 Q3 | 4,008,551 | $301,705,782 | +$146,462,241 | $75.25 | 77 |
| 2025 Q2 | 2,059,641 | $151,484,597 | +$96,435,659 | $73.57 | 50 |
| 2025 Q1 | 748,144 | $55,540,613 | +$27,094,735 | $74.24 | 27 |
| 2024 Q4 | 383,049 | $28,567,684 | +$25,571,699 | $74.58 | 11 |