VTES Holdings and Portfolio Weights Page 3 - VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF

VTES ETF holdings Page 3

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 201–300 of 3,067

Ticker	Issuer	Weight	Value (USD)	Balance
Richmond County Board of Education	Richmond County Board of Education	0.085657%	1,512,676.49	1,300,000 PA
State of California	State of California	0.085296%	1,506,311.24	1,400,000 PA
Oklahoma Industries Authority	Oklahoma Industries Authority	0.084593%	1,493,896.56	1,325,000 PA
State of Michigan	State of Michigan	0.084457%	1,491,488.21	1,490,000 PA
City of Houston TX	City of Houston TX	0.084406%	1,490,596.23	1,450,000 PA
New York State Dormitory Authority	New York State Dormitory Authority	0.08389%	1,481,469.86	1,300,000 PA
Empire State Development Corp	Empire State Development Corp	0.083776%	1,479,468.25	1,300,000 PA
State of Georgia	State of Georgia	0.083628%	1,476,856.76	1,290,000 PA
Texas State University System	Texas State University System	0.083612%	1,476,560.04	1,435,000 PA
New York State Dormitory Authority	New York State Dormitory Authority	0.083611%	1,476,549.49	1,475,000 PA
Chicago O'Hare International Airport	Chicago O'Hare International Airport	0.083424%	1,473,249.84	1,405,000 PA
Massachusetts Development Finance Agency	Massachusetts Development Finance Agency	0.083266%	1,470,452.88	1,250,000 PA
State of Illinois	State of Illinois	0.082503%	1,456,980.55	1,355,000 PA
Port of Seattle WA	Port of Seattle WA	0.082276%	1,452,970.75	1,275,000 PA
Greenville County School District	Greenville County School District	0.081436%	1,438,145.03	1,370,000 PA
Energy Northwest	Energy Northwest	0.081195%	1,433,880.45	1,235,000 PA
Commonwealth of Massachusetts	Commonwealth of Massachusetts	0.081096%	1,432,138.7	1,405,000 PA
School District of Broward County/FL	School District of Broward County/FL	0.080954%	1,429,621.38	1,350,000 PA
Metropolitan Transportation Authority	Metropolitan Transportation Authority	0.080859%	1,427,950.38	1,250,000 PA
Silicon Valley Clean Water	Silicon Valley Clean Water	0.080692%	1,425,000	1,425,000 PA
State of Hawaii	State of Hawaii	0.08034%	1,418,787.12	1,395,000 PA
State of Mississippi	State of Mississippi	0.080225%	1,416,744.1	1,355,000 PA
State of Illinois	State of Illinois	0.079955%	1,411,989.95	1,355,000 PA
State of Texas	State of Texas	0.079764%	1,408,607.59	1,210,000 PA
State of California	State of California	0.079677%	1,407,080.04	1,390,000 PA
Dallas Independent School District	Dallas Independent School District	0.079609%	1,405,875.78	1,270,000 PA
State of North Carolina	State of North Carolina	0.079425%	1,402,624.99	1,300,000 PA
New York City Transitional Finance Authority Future Tax Secured Revenue	New York City Transitional Finance Authority Future Tax Secured Revenue	0.079328%	1,400,906.93	1,305,000 PA
Triborough Bridge & Tunnel Authority	Triborough Bridge & Tunnel Authority	0.079192%	1,398,505.32	1,370,000 PA
JEA Electric System Revenue	JEA Electric System Revenue	0.078978%	1,394,725.8	1,200,000 PA
State of Connecticut	State of Connecticut	0.078905%	1,393,440.48	1,200,000 PA
Metropolitan Government of Nashville & Davidson County TN	Metropolitan Government of Nashville & Davidson County TN	0.078721%	1,390,189.69	1,310,000 PA
State of Washington	State of Washington	0.078528%	1,386,779.13	1,215,000 PA
State of Colorado	State of Colorado	0.078508%	1,386,430.43	1,350,000 PA
Kentucky State Property & Building Commission	Kentucky State Property & Building Commission	0.078485%	1,386,030.94	1,360,000 PA
Salt River Project Agricultural Improvement & Power District	Salt River Project Agricultural Improvement & Power District	0.077942%	1,376,431.23	1,195,000 PA
Sales Tax Securitization Corp	Sales Tax Securitization Corp	0.077931%	1,376,242.66	1,255,000 PA
City of San Antonio TX Electric & Gas Systems Revenue	City of San Antonio TX Electric & Gas Systems Revenue	0.077631%	1,370,947.82	1,350,000 PA
Illinois State Toll Highway Authority	Illinois State Toll Highway Authority	0.077591%	1,370,234.3	1,245,000 PA
City of New York NY	City of New York NY	0.077471%	1,368,126.06	1,225,000 PA
Massachusetts Development Finance Agency	Massachusetts Development Finance Agency	0.077447%	1,367,690.98	1,185,000 PA
Permanent University Fund - Texas A&M University System	Permanent University Fund - Texas A&M University System	0.077415%	1,367,129.52	1,200,000 PA
City of New York NY	City of New York NY	0.077401%	1,366,884.26	1,310,000 PA
State of Illinois	State of Illinois	0.077367%	1,366,281.05	1,290,000 PA
Gwinnett County School District	Gwinnett County School District	0.077341%	1,365,822.81	1,350,000 PA
Cypress-Fairbanks Independent School District	Cypress-Fairbanks Independent School District	0.077185%	1,363,074.07	1,230,000 PA
City of San Antonio TX Electric & Gas Systems Revenue	City of San Antonio TX Electric & Gas Systems Revenue	0.077142%	1,362,308.46	1,360,000 PA
State of California	State of California	0.076505%	1,351,059.64	1,295,000 PA
Southern California Public Power Authority	Southern California Public Power Authority	0.076331%	1,347,980.56	1,240,000 PA
City of San Antonio TX Electric & Gas Systems Revenue	City of San Antonio TX Electric & Gas Systems Revenue	0.076267%	1,346,846.34	1,280,000 PA
City of New York NY	City of New York NY	0.076113%	1,344,142.81	1,325,000 PA
City of San Antonio TX Electric & Gas Systems Revenue	City of San Antonio TX Electric & Gas Systems Revenue	0.075671%	1,336,324.1	1,270,000 PA
City of New York NY	City of New York NY	0.075643%	1,335,828.91	1,320,000 PA
Metropolitan Transportation Authority	Metropolitan Transportation Authority	0.075634%	1,335,676.94	1,190,000 PA
State of Connecticut	State of Connecticut	0.07532%	1,330,129.25	1,205,000 PA
State of Illinois	State of Illinois	0.07516%	1,327,310.45	1,275,000 PA
Texas Department of Transportation State Highway Fund	Texas Department of Transportation State Highway Fund	0.074841%	1,321,663.72	1,300,000 PA
Cypress-Fairbanks Independent School District	Cypress-Fairbanks Independent School District	0.074791%	1,320,782.86	1,220,000 PA
New York City Transitional Finance Authority Future Tax Secured Revenue	New York City Transitional Finance Authority Future Tax Secured Revenue	0.074769%	1,320,395.04	1,230,000 PA
Kentucky State Property & Building Commission	Kentucky State Property & Building Commission	0.074701%	1,319,203.91	1,230,000 PA
Trinity River Authority Central Regional Wastewater System Revenue	Trinity River Authority Central Regional Wastewater System Revenue	0.074696%	1,319,113.94	1,295,000 PA
Los Angeles Department of Water & Power	Los Angeles Department of Water & Power	0.0746%	1,317,424.99	1,165,000 PA
Washington Convention & Sports Authority	Washington Convention & Sports Authority	0.07458%	1,317,054.64	1,270,000 PA
City of San Antonio TX Electric & Gas Systems Revenue	City of San Antonio TX Electric & Gas Systems Revenue	0.074555%	1,316,625.72	1,305,000 PA
Los Angeles Department of Water & Power	Los Angeles Department of Water & Power	0.074545%	1,316,441.39	1,185,000 PA
Connecticut State Health & Educational Facilities Authority	Connecticut State Health & Educational Facilities Authority	0.0744%	1,313,875.81	1,315,000 PA
State of Illinois	State of Illinois	0.074364%	1,313,246.04	1,190,000 PA
Energy Northwest	Energy Northwest	0.074292%	1,311,971.58	1,130,000 PA
City of Philadelphia PA	City of Philadelphia PA	0.074291%	1,311,965.01	1,140,000 PA
New York State Dormitory Authority	New York State Dormitory Authority	0.074221%	1,310,725.77	1,185,000 PA
Missouri Highway & Transportation Commission	Missouri Highway & Transportation Commission	0.074209%	1,310,512.87	1,130,000 PA
Empire State Development Corp	Empire State Development Corp	0.07417%	1,309,817.83	1,275,000 PA
New Jersey Transportation Trust Fund Authority	New Jersey Transportation Trust Fund Authority	0.074164%	1,309,721.27	1,300,000 PA
Virginia Public School Authority	Virginia Public School Authority	0.073956%	1,306,048.13	1,255,000 PA
Commonwealth of Massachusetts	Commonwealth of Massachusetts	0.073858%	1,304,307.86	1,145,000 PA
Metropolitan Transportation Authority	Metropolitan Transportation Authority	0.07362%	1,300,112.15	1,275,000 PA
State of California	State of California	0.073524%	1,298,419.68	1,270,000 PA
Los Angeles Unified School District/CA	Los Angeles Unified School District/CA	0.073286%	1,294,204.14	1,115,000 PA
State of California	State of California	0.073021%	1,289,537.76	1,200,000 PA
Board of Regents of the University of Texas System	Board of Regents of the University of Texas System	0.072763%	1,284,968.67	1,180,000 PA
State of California	State of California	0.072562%	1,281,420.08	1,110,000 PA
Metropolitan Council	Metropolitan Council	0.072294%	1,276,701.63	1,250,000 PA
Los Angeles Department of Water & Power	Los Angeles Department of Water & Power	0.072273%	1,276,314.3	1,110,000 PA
Clark County School District	Clark County School District	0.072211%	1,275,219.24	1,200,000 PA
Commonwealth of Pennsylvania	Commonwealth of Pennsylvania	0.072178%	1,274,652.53	1,105,000 PA
Illinois Finance Authority	Illinois Finance Authority	0.072166%	1,274,428.16	1,115,000 PA
University of California	University of California	0.072163%	1,274,379.55	1,115,000 PA
Florida Insurance Assistance Interlocal Agency Inc	Florida Insurance Assistance Interlocal Agency Inc	0.072051%	1,272,392.81	1,270,000 PA
Commonwealth of Massachusetts	Commonwealth of Massachusetts	0.071997%	1,271,445.78	1,095,000 PA
Idaho State Building Authority	Idaho State Building Authority	0.071876%	1,269,306.29	1,225,000 PA
Virginia Commonwealth Transportation Board	Virginia Commonwealth Transportation Board	0.071796%	1,267,903.1	1,210,000 PA
New Jersey Educational Facilities Authority	New Jersey Educational Facilities Authority	0.07161%	1,264,620.15	1,125,000 PA
New Jersey Economic Development Authority	New Jersey Economic Development Authority	0.071238%	1,258,036.9	1,225,000 PA
Commonwealth of Massachusetts	Commonwealth of Massachusetts	0.071235%	1,257,989.16	1,200,000 PA
State of Maryland	State of Maryland	0.071181%	1,257,043.59	1,110,000 PA
Board of Regents of the University of Texas System	Board of Regents of the University of Texas System	0.071137%	1,256,260.74	1,240,000 PA
Michigan State Building Authority	Michigan State Building Authority	0.070818%	1,250,619.11	1,230,000 PA
City of New York NY	City of New York NY	0.070738%	1,249,221.6	1,200,000 PA
State of Washington	State of Washington	0.07073%	1,249,073.14	1,075,000 PA
Chicago O'Hare International Airport	Chicago O'Hare International Airport	0.070405%	1,243,340.41	1,155,000 PA