VANGUARD MALVERN FDS

Ticker: VCRB CUSIP: 922020748 Class: Fixed Income ETF

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

InstitutionSharesValue ($000)
HBK Sorce Advisory LLC9,274,753$724,692
SIGNATUREFD, LLC5,035,039$392,204
Advance Capital Management, Inc.3,289,350$256,224
BANK OF AMERICA CORP /DE/2,014,516$156,921
FORVIS Wealth Advisors, LLC1,713,526$133,475
Martel Wealth Advisors Inc1,505,108$117,240
ASSETMARK, INC1,360,608$105,985
Diversified Portfolios, Inc.1,129,478$87,981
Smith & Howard Wealth Management, LLC1,018,712$79,353
Brinker Capital Investments, LLC950,102$74,008
ALERUS FINANCIAL NA936,945$72,983
Financial Engines Advisors L.L.C.929,292$72,387
LPL Financial LLC926,172$72,144
BLB&B Advisors, LLC872,729$67,981
ORRSTOWN FINANCIAL SERVICES INC816,462$63,598
Magnolia Wealth Management, LLC637,482$49,657
ENVESTNET ASSET MANAGEMENT INC558,988$43,542
Envestnet Portfolio Solutions, Inc.532,424$41,473
SMITHBRIDGE ASSET MANAGEMENT INC/DE530,588$41,330
Tilson Financial Group, Inc.517,564$40,316
Tull Financial Group, Inc.475,904$37,071
First Citizens Asset Management, Inc.452,560$35,252
HUB Investment Partners, LLC440,130$34,284
Meeder Advisory Services, Inc.432,071$33,656
Mills Wealth Advisors LLC427,507$33,301
Essex LLC423,703$33,004
AMI INVESTMENT MANAGEMENT INC414,179$32,262
Alaethes Wealth LLC407,104$31,711
Schoolcraft Capital LLC387,006$30,146
SJS Investment Consulting Inc.385,176$30,003
FIRST CITIZENS INVESTOR SERVICES, INC.379,326$29,548
Momentous Wealth Management, Inc.368,254$28,685
Mariner, LLC359,643$28,014
Quantum Financial Planning Services, Inc.359,508$28,004
RESOLUTE CAPITAL, LLC336,003$26,173
NewEdge Wealth, LLC330,196$25,721
Verum Partners LLC324,656$25,289
BCR Wealth Strategies, LLC304,914$24
Cornerstone Wealth Group, LLC302,577$23,569
Investment Planning Advisors, Inc.290,665$22,641
Rise Advisors, LLC286,869$22,346
CGN Advisors LLC279,275$21,754
SVB WEALTH LLC275,274$21,442
Burton Enright Welch264,826$20,629
San Luis Wealth Advisors LLC248,447$19,353
Zhang Financial LLC238,864$18,606
SCOTIA CAPITAL INC.237,817$18,524
McIlrath & Eck, LLC224,354$17,476
Acropolis Investment Management, LLC222,166$17,306
Foundations Investment Advisors, LLC218,462$17,017
KEELER & NADLER FINANCIAL PLANNING & WEALTH MANAGEMENT215,100$16,755
COMMONWEALTH EQUITY SERVICES, LLC214,331$16,695
D'Orazio & Associates, Inc.205,899$16,038
Lansing Street Advisors195,488$15,228
HighTower Advisors, LLC185,025$14,413
Crusonia Wealth Advisors LLC182,457$14,212
ShankerValleau Wealth Advisors, Inc.179,469$13,980
Compton Wealth Advisory Group, LLC178,241$13,884
Wolff Financial Management LLC173,665$13,528
Financial Network Wealth Management LLC171,454$13
Addison Advisors LLC165,892$12,922
CFO4Life Group, LLC163,312$12,721
Safe Harbor Family Capital, LLC161,693$12,595
INVENIO WEALTH PARTNERS LLC161,405$12,573
Chicago Partners Investment Group LLC144,392$11,286
Private Advisor Group, LLC143,564$11,183
AJ Advisors, LLC138,450$10,785
NorthLanding Financial Partners, LLC137,417$10,704
PRINCIPAL SECURITIES, INC.131,430$10,238
Kaizen Financial Strategies129,117$10,058
NewEdge Advisors, LLC122,211$9,520
Gutierrez Wealth Advisory, LLC121,758$9,484
Barry Investment Advisors, LLC121,431$9,459
Madrid Wealth Management, LLC119,895$9,339
Leonard Rickey Investment Advisors P.L.L.C.115,596$9,004
TRUIST FINANCIAL CORP115,263$8,978
Strategic Family Wealth Counselors, L.L.C.108,610$8,450
GEN Financial Management, INC.102,641$7,995
CreativeOne Wealth, LLC98,838$7,699
Ethos Financial Group, LLC96,317$7,503
Tandem Investment Partners LLC94,832$7,387
Main Line Retirement Advisors, LLC93,822$7,308
Cambridge Investment Research Advisors, Inc.93,315$7
Cetera Investment Advisers93,054$7,248
Hofer & Associates. Inc91,391$7,119
UP STRATEGIC WEALTH INVESTMENT ADVISORS LLC91,120$7,120
Greenwich Wealth Management LLC89,004$7
Englebert Financial Advisers, LLC88,478$6,892
Penney Financial, LLC88,421$6,888
Conservest Capital Advisors, Inc.87,245$6,796
Pinion Investment Advisors, LLC85,560$6,665
Breakwater Investment Management84,304$6,567
GRAND WEALTH MANAGEMENT, LLC81,469$6,346
MISSION WEALTH MANAGEMENT, LP81,097$6,317
Galvin, Gaustad & Stein, LLC79,187$6,168
MML INVESTORS SERVICES, LLC78,291$6,098
ROYAL BANK OF CANADA75,437$5,876
BOSTON FAMILY OFFICE LLC71,637$6
OMNI 360 Wealth, Inc.71,635$5,609
Summit Financial, LLC66,320$5,166
140 other institutions1,918,719$147,516
Total (240 institutions)52,751,973$4,052,656