CUSIP 922020755
VANGUARD MALVERN FDS
149 institutions · $466.9M total · 6,227,576 shares
| # | Manager | Shares | Value | % of Total | Period |
|---|---|---|---|---|---|
| 1 | BANK OF AMERICA CORP /DE/ | 797,536 | $62.3M | 12.80% | 2025-12-31 |
| 2 | LPL Financial LLC | 658,499 | $51.4M | 10.57% | 2025-12-31 |
| 3 | WNY Asset Management, LLC | 470,969 | $37.0M | 7.56% | 2025-09-30 |
| 4 | Summit Financial, LLC | 237,946 | $18.6M | 3.82% | 2025-12-31 |
| 5 | Royal Bank of Canada | 200,814 | $15.7M | 3.22% | 2025-12-31 |
| 6 | Balance Wealth, LLC | 188,976 | $14.8M | 3.03% | 2025-12-31 |
| 7 | Diversified Portfolios, Inc. | 184,199 | $14.4M | 2.95% | 2025-12-31 |
| 8 | Keystone Financial Group, Inc. | 181,493 | $14.2M | 2.91% | 2025-12-31 |
| 9 | First Commonwealth Financial Corp /PA/ | 180,887 | $14.1M | 2.90% | 2025-12-31 |
| 10 | COMMONWEALTH EQUITY SERVICES, LLC | 128,153 | $10.0M | 2.05% | 2025-12-31 |
| 11 | MorganRosel Wealth Management, LLC | 125,233 | $9.8M | 2.01% | 2025-12-31 |
| 12 | LEAVELL INVESTMENT MANAGEMENT, INC. | 124,521 | $9.7M | 1.99% | 2025-12-31 |
| 13 | JONES FINANCIAL COMPANIES LLLP | 98,357 | $7.7M | 1.57% | 2025-12-31 |
| 14 | FAGAN ASSOCIATES, INC. | 94,571 | $7.4M | 1.51% | 2025-12-31 |
| 15 | Landmark Wealth Management, LLC | 92,040 | $7.2M | 1.47% | 2025-12-31 |
| 16 | NavPoint Financial, Inc. | 87,147 | $6.8M | 1.39% | 2025-12-31 |
| 17 | Roehl & Yi Investment Advisors, LLC | 86,868 | $6.8M | 1.39% | 2025-12-31 |
| 18 | PANORAMIC INVESTMENT ADVISORS, LLC | 85,680 | $6.7M | 1.37% | 2025-12-31 |
| 19 | Dynamic Advisor Solutions LLC | 81,926 | $6.4M | 1.31% | 2025-12-31 |
| 20 | UNITED CAPITAL FINANCIAL ADVISORS, LLC | 76,884 | $6.0M | 1.23% | 2025-12-31 |
| 21 | Integrity Wealth Solutions LLC | 73,818 | $5.8M | 1.18% | 2025-12-31 |
| 22 | Lakewood Asset Management LLC | 70,644 | $5.5M | 1.13% | 2025-12-31 |
| 23 | Apexium Financial, LP | 66,991 | $5.3M | 1.07% | 2025-09-30 |
| 24 | PFG Private Wealth Management, LLC | 62,410 | $4.9M | 1.00% | 2025-09-30 |
| 25 | North Star Investment Management Corp. | 62,056 | $4.8M | 0.99% | 2025-12-31 |
| 26 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 58,422 | $4.6M | 0.93% | 2025-12-31 |
| 27 | SILVER OAK SECURITIES, INCORPORATED | 55,086 | $4.3M | 0.88% | 2025-12-31 |
| 28 | Catalyst Investment Management LLC | 53,981 | $4.2M | 0.86% | 2025-12-31 |
| 29 | Harbor Group, Inc. | 53,871 | $4.2M | 0.86% | 2025-12-31 |
| 30 | CFO4Life Group, LLC | 53,148 | $4.2M | 0.85% | 2025-12-31 |
| 31 | OSAIC HOLDINGS, INC. | 47,334 | $3.7M | 0.76% | 2025-12-31 |
| 32 | Grant Street Asset Management, Inc. | 46,768 | $3.7M | 0.75% | 2025-12-31 |
| 33 | RIA Advisory Group LLC | 46,569 | $3.6M | 0.74% | 2025-12-31 |
| 34 | CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC | 46,569 | $3.6M | 0.74% | 2025-12-31 |
| 35 | JANE STREET GROUP, LLC | 45,714 | $3.6M | 0.73% | 2025-12-31 |
| 36 | VICUS CAPITAL | 42,267 | $3.3M | 0.67% | 2025-12-31 |
| 37 | Investment Advisory Group, LLC | 39,490 | $3.1M | 0.63% | 2025-12-31 |
| 38 | Beacon Pointe Advisors, LLC | 37,701 | $2.9M | 0.60% | 2025-12-31 |
| 39 | HOWARD FINANCIAL SERVICES, LTD. | 37,210 | $2.9M | 0.59% | 2025-12-31 |
| 40 | Mariner, LLC | 33,767 | $2.6M | 0.54% | 2025-12-31 |
| 41 | Triumph Capital Management | 32,078 | $2.5M | 0.51% | 2025-12-31 |
| 42 | IAMS WEALTH MANAGEMENT, LLC | 30,465 | $2.4M | 0.48% | 2025-12-31 |
| 43 | Ausdal Financial Partners, Inc. | 30,035 | $2.3M | 0.48% | 2025-12-31 |
| 44 | Strategic Family Wealth Counselors, L.L.C. | 28,729 | $2.2M | 0.46% | 2025-12-31 |
| 45 | OMNI 360 Wealth, Inc. | 28,266 | $2.2M | 0.45% | 2025-12-31 |
| 46 | Cogent Private Wealth, Inc. | 28,267 | $2.2M | 0.45% | 2025-12-31 |
| 47 | Cerity Partners LLC | 28,238 | $2.2M | 0.45% | 2025-12-31 |
| 48 | PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC | 28,740 | $2.2M | 0.46% | 2024-12-31 |
| 49 | CITADEL ADVISORS LLC | 23,974 | $1.9M | 0.38% | 2025-09-30 |
| 50 | OAK HILL WEALTH ADVISORS, LLC | 23,100 | $1.8M | 0.37% | 2025-09-30 |
| 51 | Stonebridge Financial Planning Group, LLC | 22,773 | $1.8M | 0.36% | 2025-12-31 |
| 52 | HighTower Advisors, LLC | 21,820 | $1.7M | 0.35% | 2025-12-31 |
| 53 | D.A. DAVIDSON & CO. | 21,445 | $1.7M | 0.34% | 2025-12-31 |
| 54 | Red Mountain Financial, LLC | 21,383 | $1.7M | 0.34% | 2025-12-31 |
| 55 | Centurion Wealth Management LLC | 18,714 | $1.5M | 0.30% | 2025-12-31 |
| 56 | XY Planning Network, Inc. | 16,177 | $1.3M | 0.25% | 2025-12-31 |
| 57 | RAYMOND JAMES FINANCIAL INC | 14,199 | $1.1M | 0.22% | 2025-12-31 |
| 58 | Private Advisor Group, LLC | 13,240 | $1.0M | 0.21% | 2025-12-31 |
| 59 | Kaizen Financial Strategies | 13,188 | $1.0M | 0.21% | 2025-12-31 |
| 60 | Moser Wealth Advisors, LLC | 11,810 | $918.8K | 0.18% | 2025-06-30 |
| 61 | INTEGRITY ALLIANCE, LLC. | 11,119 | $868.6K | 0.17% | 2025-12-31 |
| 62 | StoneX Group Inc. | 11,031 | $861.7K | 0.17% | 2025-12-31 |
| 63 | BROOKS, MOORE & ASSOCIATES, INC. | 10,740 | $839.0K | 0.17% | 2025-12-31 |
| 64 | CGN Advisors LLC | 10,280 | $797.3K | 0.16% | 2025-03-31 |
| 65 | Farther Finance Advisors, LLC | 9,655 | $754.2K | 0.15% | 2025-12-31 |
| 66 | Burton Enright Welch | 9,501 | $742.2K | 0.15% | 2025-12-31 |
| 67 | ROBERTS GLORE & CO INC /IL/ | 9,375 | $732.3K | 0.15% | 2025-12-31 |
| 68 | Ashton Thomas Private Wealth, LLC | 9,242 | $721.9K | 0.14% | 2025-12-31 |
| 69 | Yeomans Consulting Group, Inc. | 8,176 | $638.7K | 0.13% | 2025-12-31 |
| 70 | Verum Partners LLC | 8,110 | $633.5K | 0.13% | 2025-12-31 |
| 71 | RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC | 7,516 | $587.1K | 0.12% | 2025-12-31 |
| 72 | GSG Advisors LLC | 7,495 | $585.5K | 0.12% | 2025-12-31 |
| 73 | Diversify Advisory Services, LLC | 7,307 | $573.3K | 0.11% | 2025-09-30 |
| 74 | AQR CAPITAL MANAGEMENT LLC | 6,800 | $531.2K | 0.10% | 2025-12-31 |
| 75 | Breakwater Capital Group | 6,773 | $529.1K | 0.10% | 2025-12-31 |
| 76 | Firestone Capital Management | 6,299 | $492.0K | 0.10% | 2025-12-31 |
| 77 | Wilmington Savings Fund Society, FSB | 6,280 | $490.6K | 0.10% | 2025-12-31 |
| 78 | L.M. KOHN & COMPANY | 5,697 | $443.2K | 0.09% | 2025-06-30 |
| 79 | CAPTRUST FINANCIAL ADVISORS | 5,661 | $439.1K | 0.09% | 2025-03-31 |
| 80 | Principia Wealth Advisory, LLC | 5,581 | $436.0K | 0.08% | 2025-12-31 |
| 81 | Prospera Financial Services Inc | 5,362 | $418.9K | 0.08% | 2025-12-31 |
| 82 | Eldridge Investment Advisors, Inc. | 5,084 | $397.2K | 0.08% | 2025-12-31 |
| 83 | STEPH & CO | 5,075 | $396.4K | 0.08% | 2025-12-31 |
| 84 | Yukon Wealth Management, Inc. | 4,988 | $389.4K | 0.08% | 2025-12-31 |
| 85 | Keystone Financial Group | 4,894 | $382.3K | 0.07% | 2025-12-31 |
| 86 | Acorn Wealth Advisors, LLC | 4,750 | $371.0K | 0.07% | 2025-12-31 |
| 87 | Atria Investments, Inc | 4,381 | $342.2K | 0.07% | 2025-12-31 |
| 88 | Steward Partners Investment Advisory, LLC | 4,292 | $335.3K | 0.06% | 2025-12-31 |
| 89 | Confluence Wealth Services, Inc. | 4,158 | $324.8K | 0.06% | 2025-12-31 |
| 90 | Parallel Advisors, LLC | 4,137 | $323.2K | 0.06% | 2025-12-31 |
| 91 | Apollon Wealth Management, LLC | 4,100 | $320.3K | 0.06% | 2025-12-31 |
| 92 | Colter Lewis Investment Partners LLC | 4,088 | $319.3K | 0.06% | 2025-12-31 |
| 93 | Krilogy Financial LLC | 4,000 | $313.9K | 0.06% | 2025-12-31 |
| 94 | PRIVATE MANAGEMENT GROUP INC | 3,695 | $288.6K | 0.05% | 2025-12-31 |
| 95 | Creative Planning | 3,633 | $283.8K | 0.05% | 2025-12-31 |
| 96 | Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors | 3,616 | $282.4K | 0.05% | 2025-12-31 |
| 97 | ENVESTNET ASSET MANAGEMENT INC | 3,519 | $274.9K | 0.05% | 2025-12-31 |
| 98 | Haverford Trust Co | 3,500 | $272.3K | 0.05% | 2025-06-30 |
| 99 | IFP Advisors, Inc | 3,450 | $269.5K | 0.05% | 2025-12-31 |
| 100 | Keystone Wealth Services, LLC | 3,428 | $267.8K | 0.05% | 2025-12-31 |
| 101 | Family Investment Center, Inc. | 3,279 | $257.8K | 0.05% | 2025-09-30 |
| 102 | LifeGoal Wealth Advisors | 3,237 | $252.3K | 0.05% | 2025-12-31 |
| 103 | MATHER GROUP, LLC. | 3,174 | $247.9K | 0.05% | 2025-12-31 |
| 104 | Canal Capital Management, LLC | 3,157 | $246.6K | 0.05% | 2025-12-31 |
| 105 | Ariadne Wealth Management, LP | 3,200 | $245.1K | 0.05% | 2025-03-31 |
| 106 | Pinnacle Financial Group, LLC / IL | 2,853 | $222.9K | 0.04% | 2025-12-31 |
| 107 | CIBC Private Wealth Group LLC | 2,821 | $220.4K | 0.04% | 2025-12-31 |
| 108 | Capital Planning LLC | 2,812 | $219.6K | 0.04% | 2025-12-31 |
| 109 | TCFG WEALTH MANAGEMENT, LLC | 2,820 | $219.4K | 0.04% | 2025-06-30 |
| 110 | MAINSAIL ASSET MANAGEMENT, LLC | 2,800 | $218.7K | 0.04% | 2025-12-31 |
| 111 | Financial Synergies Wealth Advisors, Inc. | 2,743 | $214.2K | 0.04% | 2025-12-31 |
| 112 | TRUIST FINANCIAL CORP | 2,627 | $205.2K | 0.04% | 2025-12-31 |
| 113 | MCF Advisors LLC | 2,570 | $200.8K | 0.04% | 2025-12-31 |
| 114 | AE Wealth Management LLC | 2,100 | $162.9K | 0.03% | 2025-03-31 |
| 115 | Accredited Wealth Management, LLC | 8,501 | $154.9K | 0.13% | 2025-09-30 |
| 116 | Concurrent Investment Advisors, LLC | 1,778 | $138.9K | 0.02% | 2025-12-31 |
| 117 | GILPIN WEALTH MANAGEMENT, LLC | 1,700 | $132.8K | 0.02% | 2025-12-31 |
| 118 | Joseph Group Capital Management | 1,118 | $87.3K | 0.01% | 2025-12-31 |
| 119 | AMERIFLEX GROUP, INC. | 1,114 | $86.5K | 0.01% | 2025-06-30 |
| 120 | Kestra Advisory Services, LLC | 816 | $63.7K | 0.01% | 2025-12-31 |
| 121 | UBS Group AG | 758 | $59.6K | 0.01% | 2025-09-30 |
| 122 | First Pacific Financial | 662 | $51.7K | 0.01% | 2025-12-31 |
| 123 | PRINCIPAL SECURITIES, INC. | 642 | $50.5K | 0.01% | 2025-09-30 |
| 124 | Geneos Wealth Management Inc. | 625 | $48.8K | 0.01% | 2025-12-31 |
| 125 | Van Hulzen Asset Management, LLC | 603 | $45.8K | 0.00% | 2024-12-31 |
| 126 | Godfrey Financial Associates, Inc. | 457 | $35.7K | 0.00% | 2025-12-31 |
| 127 | Jessup Wealth Management, Inc | 386 | $30.1K | 0.00% | 2025-12-31 |
| 128 | HARBOUR INVESTMENTS, INC. | 212 | $16.6K | 0.00% | 2025-12-31 |
| 129 | CoreCap Advisors, LLC | 201 | $15.7K | 0.00% | 2025-12-31 |
| 130 | Signature Equity Partners, LLC | 111 | $8.7K | 0.00% | 2025-12-31 |
| 131 | MB, LEVIS & ASSOCIATES, LLC | 110 | $8.6K | 0.00% | 2025-12-31 |
| 132 | COMERICA BANK | 97 | $7.6K | 0.00% | 2025-12-31 |
| 133 | Thrivent Financial for Lutherans | 90,827 | $7.1K | 1.45% | 2025-12-31 |
| 134 | CBIZ Investment Advisory Services, LLC | 78 | $6.1K | 0.00% | 2025-12-31 |
| 135 | Janney Capital Management LLC | 66,218 | $5.2K | 1.06% | 2025-12-31 |
| 136 | Allworth Financial LP | 66 | $5.2K | 0.00% | 2025-12-31 |
| 137 | FLOW TRADERS U.S. LLC | 42,992 | $3.4K | 0.69% | 2025-12-31 |
| 138 | MORGAN STANLEY | 40 | $3.1K | 0.00% | 2025-12-31 |
| 139 | Global Retirement Partners, LLC | 38 | $3.0K | 0.00% | 2025-12-31 |
| 140 | WELLS FARGO & COMPANY/MN | 38 | $3.0K | 0.00% | 2025-12-31 |
| 141 | O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 36 | $2.8K | 0.00% | 2025-12-31 |
| 142 | Cambridge Investment Research Advisors, Inc. | 21,952 | $1.7K | 0.35% | 2025-12-31 |
| 143 | Westwind Capital | 10,666 | $833 | 0.17% | 2025-12-31 |
| 144 | R. W. Roge & Company, Inc. | 5,989 | $467 | 0.09% | 2025-12-31 |
| 145 | Aurora Private Wealth, Inc. | 4,581 | $358 | 0.07% | 2025-12-31 |
| 146 | Platt Wealth Management LLC | 3,392 | $264 | 0.05% | 2025-12-31 |
| 147 | CVA Family Office, LLC | 3 | $236 | 0.00% | 2025-09-30 |
| 148 | HAZLETT, BURT & WATSON, INC. | 632 | $49 | 0.01% | 2025-12-31 |
| 149 | CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | $0 | 0.00% | 2025-06-30 |