CUSIP 922907712
VANGUARD MUN BD FDS
129 institutions · $437.7M total · 6,171,982 shares
| # | Manager | Shares | Value | % of Total | Period |
|---|---|---|---|---|---|
| 1 | Aprio Wealth Management, LLC | 578,963 | $43.8M | 9.38% | 2025-12-31 |
| 2 | Karpus Management, Inc. | 554,144 | $41.9M | 8.97% | 2025-12-31 |
| 3 | Verum Partners LLC | 480,051 | $36.3M | 7.77% | 2025-12-31 |
| 4 | HBK Sorce Advisory LLC | 337,934 | $25.7M | 5.47% | 2025-12-31 |
| 5 | Mills Wealth Advisors LLC | 337,461 | $25.5M | 5.46% | 2025-12-31 |
| 6 | Topsail Wealth Management, LLC | 326,854 | $24.7M | 5.29% | 2025-12-31 |
| 7 | JANE STREET GROUP, LLC | 266,234 | $20.1M | 4.31% | 2025-12-31 |
| 8 | San Luis Wealth Advisors LLC | 239,055 | $18.1M | 3.87% | 2025-12-31 |
| 9 | Confluence Wealth Services, Inc. | 218,146 | $16.5M | 3.53% | 2025-12-31 |
| 10 | MB, LEVIS & ASSOCIATES, LLC | 180,323 | $13.6M | 2.92% | 2025-12-31 |
| 11 | CGN Advisors LLC | 172,709 | $13.1M | 2.79% | 2025-12-31 |
| 12 | JPMORGAN CHASE & CO | 151,893 | $11.5M | 2.46% | 2025-12-31 |
| 13 | TAGStone Capital, Inc. | 103,827 | $7.8M | 1.68% | 2025-12-31 |
| 14 | Focus Partners Wealth | 97,821 | $7.4M | 1.58% | 2025-12-31 |
| 15 | Verus Financial Partners, Inc. | 89,701 | $6.8M | 1.45% | 2025-12-31 |
| 16 | Blume Capital Management, Inc. | 84,015 | $6.3M | 1.36% | 2025-12-31 |
| 17 | Physician Wealth Advisors, Inc. | 81,481 | $6.2M | 1.32% | 2025-12-31 |
| 18 | Physician Wealth Solutions Inc. | 75,204 | $5.7M | 1.21% | 2025-12-31 |
| 19 | Waverly Advisors, LLC | 66,213 | $5.0M | 1.07% | 2025-12-31 |
| 20 | Tilson Financial Group, Inc. | 56,518 | $4.3M | 0.91% | 2025-12-31 |
| 21 | SMITHBRIDGE ASSET MANAGEMENT INC/DE | 49,934 | $3.8M | 0.80% | 2025-12-31 |
| 22 | Gutierrez Wealth Advisory, LLC | 46,767 | $3.5M | 0.75% | 2025-12-31 |
| 23 | Advyzon Investment Management, LLC | 46,767 | $3.5M | 0.75% | 2025-12-31 |
| 24 | Balanced Rock Investment Advisors LLC | 46,058 | $3.5M | 0.74% | 2025-12-31 |
| 25 | S.A. Mason LLC | 45,858 | $3.5M | 0.74% | 2025-12-31 |
| 26 | Rehmann Capital Advisory Group | 43,072 | $3.2M | 0.69% | 2025-09-30 |
| 27 | Kelman-Lazarov, Inc. | 41,252 | $3.1M | 0.66% | 2025-12-31 |
| 28 | Tower Research Capital LLC (TRC) | 38,172 | $2.9M | 0.61% | 2025-12-31 |
| 29 | Brio Consultants, LLC | 37,978 | $2.9M | 0.61% | 2025-12-31 |
| 30 | Elequin Capital, LP | 35,296 | $2.7M | 0.57% | 2025-12-31 |
| 31 | GOLDMAN SACHS GROUP INC | 34,720 | $2.6M | 0.56% | 2025-12-31 |
| 32 | Keystone Financial Group, Inc. | 31,990 | $2.4M | 0.51% | 2025-12-31 |
| 33 | EQ WEALTH ADVISORS, LLC | 31,191 | $2.4M | 0.50% | 2025-12-31 |
| 34 | NWM ADVISORS, LLC | 30,695 | $2.3M | 0.49% | 2025-12-31 |
| 35 | TFO Wealth Partners, LLC | 29,732 | $2.2M | 0.48% | 2025-12-31 |
| 36 | LPL Financial LLC | 28,834 | $2.2M | 0.46% | 2025-12-31 |
| 37 | Sunpointe, LLC | 27,516 | $2.1M | 0.44% | 2025-12-31 |
| 38 | Capital Investment Services of America, Inc. | 26,140 | $2.0M | 0.42% | 2025-12-31 |
| 39 | CRA Financial Services, LLC | 24,885 | $1.9M | 0.40% | 2025-12-31 |
| 40 | TRUIST FINANCIAL CORP | 24,575 | $1.9M | 0.39% | 2025-12-31 |
| 41 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 20,422 | $1.5M | 0.33% | 2025-12-31 |
| 42 | NewEdge Advisors, LLC | 20,421 | $1.5M | 0.33% | 2025-12-31 |
| 43 | Burton Enright Welch | 18,807 | $1.4M | 0.30% | 2025-12-31 |
| 44 | SEVEN MILE ADVISORY | 18,381 | $1.4M | 0.29% | 2025-12-31 |
| 45 | Valeo Financial Advisors, LLC | 18,201 | $1.4M | 0.29% | 2025-12-31 |
| 46 | SJS Investment Consulting Inc. | 17,723 | $1.3M | 0.28% | 2025-12-31 |
| 47 | Cerity Partners LLC | 16,819 | $1.3M | 0.27% | 2025-12-31 |
| 48 | AWM CAPITAL, LLC | 15,761 | $1.2M | 0.25% | 2025-12-31 |
| 49 | OLD MISSION CAPITAL LLC | 15,745 | $1.2M | 0.25% | 2025-12-31 |
| 50 | NavPoint Financial, Inc. | 15,063 | $1.1M | 0.24% | 2025-12-31 |
| 51 | OAK HILL WEALTH ADVISORS, LLC | 14,467 | $1.1M | 0.23% | 2025-09-30 |
| 52 | Integrated Wealth Concepts LLC | 14,249 | $1.1M | 0.23% | 2025-09-30 |
| 53 | Galvin, Gaustad & Stein, LLC | 13,431 | $1.0M | 0.21% | 2025-12-31 |
| 54 | L.K. Benson & Company, P.C. | 13,395 | $1.0M | 0.21% | 2025-12-31 |
| 55 | ENVESTNET ASSET MANAGEMENT INC | 13,327 | $1.0M | 0.21% | 2025-12-31 |
| 56 | Sprinkle Financial Consultants LLC | 13,231 | $999.9K | 0.21% | 2025-12-31 |
| 57 | HUB Investment Partners, LLC | 11,646 | $880.1K | 0.18% | 2025-12-31 |
| 58 | ABLE Financial Group, LLC | 11,560 | $873.6K | 0.18% | 2025-12-31 |
| 59 | D'Orazio & Associates, Inc. | 11,365 | $858.9K | 0.18% | 2025-12-31 |
| 60 | North Star Investment Management Corp. | 11,048 | $834.9K | 0.17% | 2025-12-31 |
| 61 | WEBSTERROGERS FINANCIAL ADVISORS, LLC | 10,649 | $804.7K | 0.17% | 2025-12-31 |
| 62 | VOISARD ASSET MANAGEMENT GROUP, INC. | 9,775 | $738.7K | 0.15% | 2025-12-31 |
| 63 | Main Street Financial Solutions, LLC | 9,761 | $737.6K | 0.15% | 2025-12-31 |
| 64 | JONES FINANCIAL COMPANIES LLLP | 9,507 | $718.4K | 0.15% | 2025-12-31 |
| 65 | Lynch Investment Planning, LLC | 9,440 | $713.4K | 0.15% | 2025-12-31 |
| 66 | COMMONWEALTH EQUITY SERVICES, LLC | 9,265 | $700.1K | 0.15% | 2025-12-31 |
| 67 | Breakwater Capital Group | 9,247 | $698.8K | 0.14% | 2025-12-31 |
| 68 | Traub Capital Management LLC | 9,045 | $683.5K | 0.14% | 2025-12-31 |
| 69 | Dakota Wealth Management | 8,800 | $665.0K | 0.14% | 2025-12-31 |
| 70 | Inspire Advisors, LLC | 8,416 | $636.0K | 0.13% | 2025-12-31 |
| 71 | Bernardo Wealth Planning LLC | 8,196 | $619.4K | 0.13% | 2025-12-31 |
| 72 | Bridgewealth Advisory Group, LLC | 6,840 | $516.9K | 0.11% | 2025-12-31 |
| 73 | &PARTNERS | 6,705 | $506.7K | 0.10% | 2025-12-31 |
| 74 | Prentice Wealth Management LLC | 6,635 | $501.4K | 0.10% | 2025-12-31 |
| 75 | Financial Engines Advisors L.L.C. | 6,592 | $489.0K | 0.10% | 2025-03-31 |
| 76 | Oak Wealth Advisors LLC | 6,465 | $488.6K | 0.10% | 2025-12-31 |
| 77 | Landmark Wealth Management, LLC | 6,405 | $484.1K | 0.10% | 2025-12-31 |
| 78 | Evanson Asset Management, LLC | 5,572 | $421.1K | 0.09% | 2025-12-31 |
| 79 | TPG Advisors LLC | 5,194 | $392.5K | 0.08% | 2025-12-31 |
| 80 | PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV | 5,128 | $387.5K | 0.08% | 2025-12-31 |
| 81 | Wilmington Savings Fund Society, FSB | 5,078 | $383.7K | 0.08% | 2025-12-31 |
| 82 | Cypress Point Wealth Management, LLC | 4,550 | $343.8K | 0.07% | 2025-12-31 |
| 83 | PERRYMAN FINANCIAL ADVISORY INC /AD | 4,527 | $342.1K | 0.07% | 2025-12-31 |
| 84 | SHUFRO ROSE & CO LLC | 4,456 | $336.7K | 0.07% | 2025-12-31 |
| 85 | Retirement Planning Group, LLC | 4,336 | $327.7K | 0.07% | 2025-12-31 |
| 86 | Sequoia Financial Advisors, LLC | 4,185 | $316.3K | 0.06% | 2025-12-31 |
| 87 | HARBOUR INVESTMENTS, INC. | 4,055 | $306.4K | 0.06% | 2025-12-31 |
| 88 | OSAIC HOLDINGS, INC. | 4,041 | $305.4K | 0.06% | 2025-12-31 |
| 89 | Essex Financial Services, Inc. | 4,035 | $304.9K | 0.06% | 2025-12-31 |
| 90 | Sowell Financial Services LLC | 4,000 | $302.3K | 0.06% | 2025-12-31 |
| 91 | Commonwealth Retirement Investments LLC | 4,000 | $302.3K | 0.06% | 2025-12-31 |
| 92 | Global Wealth Management, LLC | 3,891 | $294.1K | 0.06% | 2025-12-31 |
| 93 | Vise Technologies, Inc. | 3,822 | $288.8K | 0.06% | 2025-12-31 |
| 94 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 3,444 | $261.1K | 0.05% | 2025-12-31 |
| 95 | Magnolia Private Wealth, LLC | 3,510 | $260.6K | 0.05% | 2025-03-31 |
| 96 | HighTower Advisors, LLC | 3,400 | $256.9K | 0.05% | 2025-12-31 |
| 97 | SAXON INTERESTS, INC. | 3,479 | $255.7K | 0.05% | 2025-09-30 |
| 98 | Lakewood Asset Management LLC | 3,373 | $254.9K | 0.05% | 2025-12-31 |
| 99 | MFA Wealth Services | 3,381 | $254.4K | 0.05% | 2025-09-30 |
| 100 | Swisher Financial Concepts, Inc. | 3,310 | $250.1K | 0.05% | 2025-12-31 |
| 101 | Bryn Mawr Trust Advisors, LLC | 3,293 | $248.9K | 0.05% | 2025-12-31 |
| 102 | Sterling Investment Advisors, Ltd. | 3,265 | $246.7K | 0.05% | 2025-12-31 |
| 103 | FLAGSHIP HARBOR ADVISORS, LLC | 2,900 | $219.2K | 0.04% | 2025-12-31 |
| 104 | Diversify Advisory Services, LLC | 2,831 | $215.3K | 0.04% | 2025-12-31 |
| 105 | Next Level Wealth Planning, LLC | 2,785 | $210.5K | 0.04% | 2025-12-31 |
| 106 | Private Wealth Asset Management, LLC | 2,425 | $183.3K | 0.03% | 2025-12-31 |
| 107 | BANK OF AMERICA CORP /DE/ | 2,250 | $165.5K | 0.03% | 2025-06-30 |
| 108 | Kestra Advisory Services, LLC | 2,017 | $152.5K | 0.03% | 2025-12-31 |
| 109 | Gould Capital, LLC | 1,650 | $124.7K | 0.02% | 2025-12-31 |
| 110 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 1,438 | $108.7K | 0.02% | 2025-12-31 |
| 111 | UBS Group AG | 1,304 | $95.9K | 0.02% | 2025-06-30 |
| 112 | Trust Co | 474 | $35.8K | 0.00% | 2025-12-31 |
| 113 | MORGAN STANLEY | 348 | $26.3K | 0.00% | 2025-12-31 |
| 114 | McIlrath & Eck, LLC | 284 | $21.4K | 0.00% | 2025-09-30 |
| 115 | Breakwater Investment Management | 271 | $20.5K | 0.00% | 2025-12-31 |
| 116 | Opus Capital Group, LLC | 223,270 | $16.9K | 3.61% | 2025-12-31 |
| 117 | FRANKLIN RESOURCES INC | 70 | $5.3K | 0.00% | 2025-12-31 |
| 118 | Greenwich Wealth Management LLC | 56,227 | $4.2K | 0.91% | 2025-12-31 |
| 119 | von Borstel & Associates, Inc. | 37,192 | $2.8K | 0.60% | 2025-09-30 |
| 120 | Thrivent Financial for Lutherans | 26,366 | $2.0K | 0.42% | 2025-12-31 |
| 121 | BOSTON FAMILY OFFICE LLC | 14,829 | $1.1K | 0.24% | 2025-12-31 |
| 122 | FLOW TRADERS U.S. LLC | 7,976 | $603 | 0.12% | 2025-12-31 |
| 123 | Wayfinding Financial, LLC | 6,031 | $455 | 0.09% | 2025-12-31 |
| 124 | Cambridge Investment Research Advisors, Inc. | 3,543 | $268 | 0.05% | 2025-12-31 |
| 125 | DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC | 3,400 | $257 | 0.05% | 2025-12-31 |
| 126 | HRT FINANCIAL LP | 3,191 | $236 | 0.05% | 2025-03-31 |
| 127 | Capital Advisors, Ltd. LLC | 800 | $60 | 0.01% | 2025-12-31 |
| 128 | WELLS FARGO & COMPANY/MN | 1 | $38 | 0.00% | 2025-12-31 |
| 129 | CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | $0 | 0.00% | 2025-06-30 |