VTES Fail-to-Deliver

Vanguard Short-Term Tax-Exempt Bond ETF (VTES) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $1.89B, listed on AMEX, carrying a beta of 0.38 to the broader market. The investment objective of this index fund is to seek to track the performance of a benchmark index that measures the investment-grade segment of the U. public since 2023-03-09.

Fail-to-deliver (FTD) data from the SEC tracks settlement failures where shares were not delivered within the standard settlement period. Persistent FTDs may indicate naked short selling or settlement issues and are monitored by regulators.

Latest Date

2026-04-30

Latest FTD Quantity

1.5K

Latest Price

$101.24

30-Day Avg FTD

13.3K

30-Day Total FTD

399.4K

Showing 30 days of SEC fail-to-deliver data for Vanguard Short-Term Tax-Exempt Bond ETF.

Learn how fails-to-deliver is reported and how to read the data →

Frequently asked VTES fail to deliver questions

What is the latest VTES fail-to-deliver count?

As of Apr 30, 2026, Vanguard Short-Term Tax-Exempt Bond ETF (VTES) fail-to-deliver quantity is 1.5K shares, with a 30-day average of 13.3K shares. The SEC publishes FTD data twice monthly: first-half data at month-end, second-half around the 15th of the following month.

What is the FTD aggregate net balance?

FTD figures represent the aggregate net balance in NSCC's Continuous Net Settlement (CNS) system, not the gross failed-share count. The published numbers run 2-6 weeks stale relative to the underlying settlement date.

How do VTES FTDs affect options pricing?

Persistent FTDs flag hard-to-borrow conditions that distort put-call parity: in HTB names, synthetic long stock (long call + short put at the same strike) trades below the frictionless-parity price by approximately the borrow rebate. The discount equals the lending revenue forgone by holding the synthetic instead of actual shares. Reg SHO threshold-list inclusion follows from sustained FTD persistence.