VANGUARD MALVERN FDS

Ticker: VSDB CUSIP: 922020730 Class: SHORT DURATION B

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
Keystone Financial Group, Inc.33,710$2,578
Pinnacle Financial Group, LLC / IL31,810$2,433
TD Waterhouse Canada Inc.29,743$2,275
Robertson Stephens Wealth Management, LLC18,962$1,450
Sanctuary Advisors, LLC18,801$1,438
Mills Wealth Advisors LLC18,146$1,388
North Star Investment Management Corp.16,032$1,226
American Investment Services, Inc.14,236$1,089
COMMONWEALTH EQUITY SERVICES, LLC13,261$1,014
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC11,538$884
Prospera Financial Services Inc10,960$838
AQR CAPITAL MANAGEMENT LLC10,044$768
Werba Rubin Papier Wealth Management9,046$692
GOLDMAN SACHS GROUP INC7,311$559
Kestra Advisory Services, LLC6,685$511
Buckingham Strategic Partners5,100$390
Cambridge Investment Research Advisors, Inc.3,570$0
HAZLETT, BURT & WATSON, INC.3,492$0
Aegis Wealth Management LLC3,275$250
HBK Sorce Advisory LLC3,265$250
LPL Financial LLC3,105$237
Concord Wealth Partners3,016$231
Gutierrez Wealth Advisory, LLC2,910$223
Beaird Harris Wealth Management, LLC668$51
CWM, LLC157$0
ROYAL BANK OF CANADA70$5
UBS Group AG43$3
EverSource Wealth Advisors, LLC1$0
Total (28 institutions)278,957$20,785