VTES Holdings and Portfolio Weights Page 12 - VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF

VTES ETF holdings Page 12

Weights reproduce the dated portfolio and may not sum to exactly 100% because of cash, derivatives, rounding, liabilities, or other positions. Provenance stays internal.

Snapshot field	Reported value
Fund	VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF
Report date	2026-02-28
Reported holdings	3,067
SEC series ID	S000079862

Positions 1,101–1,200 of 3,067

Ticker	Issuer	Weight	Value (USD)	Balance
State of Maryland	State of Maryland	0.03093%	546,214.57	525,000 PA
Board of Regents of the University of Texas System	Board of Regents of the University of Texas System	0.030927%	546,162	470,000 PA
Empire State Development Corp	Empire State Development Corp	0.030926%	546,136.29	525,000 PA
State of Connecticut Special Tax Revenue	State of Connecticut Special Tax Revenue	0.030925%	546,131.25	500,000 PA
State of Connecticut Special Tax Revenue	State of Connecticut Special Tax Revenue	0.030925%	546,131.25	500,000 PA
County of Fairfax VA	County of Fairfax VA	0.030906%	545,783.82	545,000 PA
New York State Dormitory Authority	New York State Dormitory Authority	0.03081%	544,099.05	500,000 PA
Massachusetts Development Finance Agency	Massachusetts Development Finance Agency	0.030779%	543,552.4	500,000 PA
Los Angeles Department of Water & Power Water System Revenue	Los Angeles Department of Water & Power Water System Revenue	0.030779%	543,540.55	500,000 PA
Virginia Commonwealth Transportation Board	Virginia Commonwealth Transportation Board	0.030756%	543,134.27	540,000 PA
Illinois Finance Authority	Illinois Finance Authority	0.030743%	542,917.83	475,000 PA
Harris County-Houston Sports Authority	Harris County-Houston Sports Authority	0.030742%	542,900.33	520,000 PA
State of North Carolina	State of North Carolina	0.030726%	542,610.02	525,000 PA
Board of Regents of the University of Texas System	Board of Regents of the University of Texas System	0.030716%	542,437.65	475,000 PA
Sales Tax Securitization Corp	Sales Tax Securitization Corp	0.030681%	541,817.1	500,000 PA
State of California	State of California	0.030667%	541,573.97	535,000 PA
Frisco Independent School District	Frisco Independent School District	0.030618%	540,707.05	500,000 PA
Energy Northwest	Energy Northwest	0.030587%	540,164.03	535,000 PA
State of Utah	State of Utah	0.030581%	540,047.83	535,000 PA
New York State Dormitory Authority	New York State Dormitory Authority	0.030547%	539,457.66	465,000 PA
State of Maryland	State of Maryland	0.03054%	539,323.74	475,000 PA
City of New York NY	City of New York NY	0.03052%	538,978.33	470,000 PA
University of California	University of California	0.030519%	538,953.95	500,000 PA
Lower Colorado River Authority	Lower Colorado River Authority	0.030517%	538,915.7	485,000 PA
Virginia College Building Authority	Virginia College Building Authority	0.030515%	538,889.87	525,000 PA
Idaho State Building Authority	Idaho State Building Authority	0.030511%	538,807.57	520,000 PA
Alabama Public School and College Authority	Alabama Public School and College Authority	0.03051%	538,800.03	490,000 PA
Commonwealth of Massachusetts	Commonwealth of Massachusetts	0.030431%	537,395.67	510,000 PA
State of California	State of California	0.030426%	537,307.4	500,000 PA
California State Public Works Board	California State Public Works Board	0.030426%	537,307.4	500,000 PA
District of Columbia	District of Columbia	0.030406%	536,953.72	520,000 PA
State of Hawaii	State of Hawaii	0.030405%	536,947.58	510,000 PA
City of New York NY	City of New York NY	0.030372%	536,355.55	530,000 PA
City of Houston TX	City of Houston TX	0.030304%	535,158.01	495,000 PA
New Jersey Transportation Trust Fund Authority	New Jersey Transportation Trust Fund Authority	0.030297%	535,030	500,000 PA
New York City Municipal Water Finance Authority	New York City Municipal Water Finance Authority	0.030284%	534,799.7	485,000 PA
Triborough Bridge & Tunnel Authority	Triborough Bridge & Tunnel Authority	0.03025%	534,199.59	495,000 PA
New York City Transitional Finance Authority Future Tax Secured Revenue	New York City Transitional Finance Authority Future Tax Secured Revenue	0.030249%	534,189	515,000 PA
City of New York NY	City of New York NY	0.030244%	534,109.6	500,000 PA
Virginia College Building Authority	Virginia College Building Authority	0.030217%	533,630.54	495,000 PA
Energy Northwest	Energy Northwest	0.030169%	532,774.35	500,000 PA
Commonwealth of Pennsylvania	Commonwealth of Pennsylvania	0.030163%	532,679.28	525,000 PA
Alabama Federal Aid Highway Finance Authority	Alabama Federal Aid Highway Finance Authority	0.030148%	532,409.27	525,000 PA
New Mexico Finance Authority	New Mexico Finance Authority	0.030127%	532,027.91	520,000 PA
Commonwealth of Pennsylvania	Commonwealth of Pennsylvania	0.030124%	531,982.66	525,000 PA
Arapahoe County School District No 5 Cherry Creek	Arapahoe County School District No 5 Cherry Creek	0.030118%	531,883.72	520,000 PA
Idaho State Building Authority	Idaho State Building Authority	0.030117%	531,851.15	500,000 PA
Los Angeles Department of Water & Power Water System Revenue	Los Angeles Department of Water & Power Water System Revenue	0.030065%	530,941.05	500,000 PA
City of New York NY	City of New York NY	0.030064%	530,919.18	510,000 PA
San Diego Public Facilities Financing Authority	San Diego Public Facilities Financing Authority	0.030058%	530,813.71	530,000 PA
District of Columbia	District of Columbia	0.030001%	529,805.19	465,000 PA
New York State Dormitory Authority	New York State Dormitory Authority	0.029986%	529,551.5	500,000 PA
New York City Transitional Finance Authority Future Tax Secured Revenue	New York City Transitional Finance Authority Future Tax Secured Revenue	0.029986%	529,542.09	505,000 PA
State of California	State of California	0.029969%	529,250.78	480,000 PA
State of Connecticut	State of Connecticut	0.029953%	528,955.34	490,000 PA
District of Columbia Income Tax Revenue	District of Columbia Income Tax Revenue	0.029801%	526,274.73	460,000 PA
University of California	University of California	0.029796%	526,193.48	470,000 PA
New York City Transitional Finance Authority Future Tax Secured Revenue	New York City Transitional Finance Authority Future Tax Secured Revenue	0.029689%	524,299.1	500,000 PA
Port Authority of New York & New Jersey	Port Authority of New York & New Jersey	0.029671%	523,980.15	500,000 PA
State of Michigan Trunk Line Revenue	State of Michigan Trunk Line Revenue	0.029661%	523,812.62	475,000 PA
State of Georgia	State of Georgia	0.029601%	522,742.58	490,000 PA
State of California	State of California	0.029593%	522,609.16	445,000 PA
Oklahoma County Independent School District No 89 Oklahoma City	Oklahoma County Independent School District No 89 Oklahoma City	0.029592%	522,588.79	510,000 PA
State of Texas	State of Texas	0.029585%	522,466.45	500,000 PA
Illinois Municipal Electric Agency	Illinois Municipal Electric Agency	0.029576%	522,311.52	475,000 PA
City of Denton TX	City of Denton TX	0.029562%	522,052.59	495,000 PA
State of California	State of California	0.029539%	521,644.65	500,000 PA
State of California	State of California	0.029539%	521,644.65	500,000 PA
North Texas Tollway Authority	North Texas Tollway Authority	0.029533%	521,542.06	545,000 PA
State of Florida	State of Florida	0.029514%	521,201.88	450,000 PA
New York State Dormitory Authority	New York State Dormitory Authority	0.02951%	521,136.57	465,000 PA
Washington Convention & Sports Authority	Washington Convention & Sports Authority	0.029505%	521,049.55	500,000 PA
State of Washington	State of Washington	0.029455%	520,163.18	465,000 PA
Commonwealth of Massachusetts	Commonwealth of Massachusetts	0.029441%	519,927.98	515,000 PA
Washington Convention & Sports Authority	Washington Convention & Sports Authority	0.029432%	519,769.85	500,000 PA
County of Prince George's MD	County of Prince George's MD	0.029432%	519,764.85	500,000 PA
City & County of Honolulu HI	City & County of Honolulu HI	0.02937%	518,672.29	485,000 PA
Los Angeles Department of Water & Power Water System Revenue	Los Angeles Department of Water & Power Water System Revenue	0.029354%	518,376.5	500,000 PA
State of Wisconsin	State of Wisconsin	0.029335%	518,053.71	465,000 PA
Triborough Bridge & Tunnel Authority	Triborough Bridge & Tunnel Authority	0.029333%	518,011.73	480,000 PA
State of Connecticut	State of Connecticut	0.029244%	516,434.37	490,000 PA
State of New Mexico Severance Tax Permanent Fund	State of New Mexico Severance Tax Permanent Fund	0.029212%	515,878.2	485,000 PA
New Jersey Economic Development Authority	New Jersey Economic Development Authority	0.029203%	515,711.6	500,000 PA
Commonwealth of Pennsylvania	Commonwealth of Pennsylvania	0.029122%	514,291.04	460,000 PA
County of Miami-Dade FL Water & Sewer System Revenue	County of Miami-Dade FL Water & Sewer System Revenue	0.029111%	514,097.96	450,000 PA
Katy Independent School District	Katy Independent School District	0.029107%	514,018.55	500,000 PA
City of New York NY	City of New York NY	0.029101%	513,916.82	495,000 PA
City of San Antonio TX Electric & Gas Systems Revenue	City of San Antonio TX Electric & Gas Systems Revenue	0.029097%	513,850.97	455,000 PA
State of Maryland	State of Maryland	0.029064%	513,265.7	485,000 PA
Commonwealth of Pennsylvania	Commonwealth of Pennsylvania	0.029019%	512,466.88	505,000 PA
City of Indianapolis Department of Public Utilities Water System Revenue	City of Indianapolis Department of Public Utilities Water System Revenue	0.029016%	512,419.44	480,000 PA
Metropolitan Washington Airports Authority Dulles Toll Road Revenue	Metropolitan Washington Airports Authority Dulles Toll Road Revenue	0.029008%	512,273.2	500,000 PA
Illinois Municipal Electric Agency	Illinois Municipal Electric Agency	0.028995%	512,039.05	500,000 PA
Empire State Development Corp	Empire State Development Corp	0.028969%	511,587.62	445,000 PA
State of California	State of California	0.028947%	511,201.75	495,000 PA
State of Ohio	State of Ohio	0.028942%	511,110.5	505,000 PA
Los Angeles Department of Water & Power Water System Revenue	Los Angeles Department of Water & Power Water System Revenue	0.028937%	511,023.66	460,000 PA
State of California	State of California	0.028861%	509,685.61	460,000 PA
State Public School Building Authority	State Public School Building Authority	0.028852%	509,519.25	500,000 PA
City & County of Denver CO Airport System Revenue	City & County of Denver CO Airport System Revenue	0.02885%	509,479	500,000 PA