VANGUARD MALVERN FDS

Ticker: VPLS CUSIP: 922020755 Class: CORE-PLUS BD ETF

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

InstitutionSharesValue ($000)
BANK OF AMERICA CORP /DE/1,187,239$92,741
LPL Financial LLC658,499$51,439
Summit Financial, LLC237,946$18,587
ROYAL BANK OF CANADA205,285$16,036
Balance Wealth, LLC188,976$14,762
Diversified Portfolios, Inc.184,199$14,389
Keystone Financial Group, Inc.181,493$14,177
FIRST COMMONWEALTH FINANCIAL CORP /PA/180,887$14,130
COMMONWEALTH EQUITY SERVICES, LLC128,153$10,011
MorganRosel Wealth Management, LLC125,233$9,783
LEAVELL INVESTMENT MANAGEMENT, INC.124,521$9,727
JONES FINANCIAL COMPANIES LLLP98,357$7,683
FAGAN ASSOCIATES, INC.94,571$7,387
Landmark Wealth Management, LLC92,040$7,190
Thrivent Financial for Lutherans90,827$7
NavPoint Financial, Inc.87,147$6,808
Roehl & Yi Investment Advisors, LLC86,868$6,786
PANORAMIC INVESTMENT ADVISORS, LLC85,680$6,693
Dynamic Advisor Solutions LLC81,926$6,400
UNITED CAPITAL FINANCIAL ADVISORS, LLC76,884$5,998
Integrity Wealth Solutions LLC73,818$5,766
Lakewood Asset Management LLC70,644$5,518
Janney Capital Management LLC66,218$5
North Star Investment Management Corp.62,056$4,847
OSAIC HOLDINGS, INC.60,582$4,733
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC58,422$4,570
SILVER OAK SECURITIES, INCORPORATED55,086$4,312
Catalyst Investment Management LLC53,981$4,217
Harbor Group, Inc.53,871$4,208
CFO4Life Group, LLC53,148$4,152
Grant Street Asset Management, Inc.46,768$3,653
RIA Advisory Group LLC46,569$3,638
CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC46,569$3,638
JANE STREET GROUP, LLC45,714$3,571
FLOW TRADERS U.S. LLC42,992$3
VICUS CAPITAL42,267$3,302
Investment Advisory Group, LLC39,490$3,085
Beacon Pointe Advisors, LLC37,701$2,945
HOWARD FINANCIAL SERVICES, LTD.37,210$2,907
Mariner, LLC33,767$2,638
IAMS WEALTH MANAGEMENT, LLC30,465$2,380
Ausdal Financial Partners, Inc.30,035$2,346
Strategic Family Wealth Counselors, L.L.C.28,729$2,240
Cogent Private Wealth, Inc.28,267$2,208
OMNI 360 Wealth, Inc.28,266$2,220
Cerity Partners LLC28,238$2,206
Triumph Capital Management27,775$2,170
Stonebridge Financial Planning Group, LLC22,773$1,779
Cambridge Investment Research Advisors, Inc.21,952$2
HighTower Advisors, LLC21,820$1,705
D.A. DAVIDSON & CO.21,445$1,675
Red Mountain Financial, LLC21,383$1,670
Centurion Wealth Management LLC18,714$1,462
RAYMOND JAMES FINANCIAL INC16,980$1,326
XY Planning Network, Inc.16,177$1,264
Private Advisor Group, LLC13,240$1,034
Kaizen Financial Strategies13,188$1,030
INTEGRITY ALLIANCE, LLC.11,119$869
StoneX Group Inc.11,031$862
BROOKS, MOORE & ASSOCIATES, INC.10,740$839
Spence Asset Management10,666$1
Farther Finance Advisors, LLC9,655$754
Burton Enright Welch9,501$742
ROBERTS GLORE & CO INC /IL/9,375$732
Ashton Thomas Private Wealth, LLC9,242$722
Yeomans Consulting Group, Inc.8,176$639
Verum Partners LLC8,110$633
RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC7,516$587
GSG Advisors LLC7,495$585
AQR CAPITAL MANAGEMENT LLC6,800$531
Breakwater Capital Group6,773$529
Firestone Capital Management6,299$492
BRYN MAWR TRUST Co6,280$491
R. W. Roge & Company, Inc.5,989$0
Principia Wealth Advisory, LLC5,581$436
Prospera Financial Services Inc5,362$419
Eldridge Investment Advisors, Inc.5,084$397
STEPH & CO5,075$396
Yukon Wealth Management, Inc.4,988$389
Keystone Financial Group4,894$382
Acorn Wealth Advisors, LLC4,750$371
Aurora Private Wealth, Inc.4,581$0
Atria Investments, Inc4,381$342
Steward Partners Investment Advisory, LLC4,292$335
Confluence Wealth Services, Inc.4,158$325
Parallel Advisors, LLC4,137$323
Apollon Wealth Management, LLC4,100$320
Colter Lewis Investment Partners LLC4,088$319
Krilogy Financial LLC4,000$314
PRIVATE MANAGEMENT GROUP INC3,695$289
Creative Planning3,633$284
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors3,616$282
ENVESTNET ASSET MANAGEMENT INC3,519$275
IFP Advisors, Inc3,450$269
Keystone Wealth Services, LLC3,428$268
Platt Wealth Management LLC3,392$0
LifeGoal Investments, LLC3,237$252
MATHER GROUP, LLC.3,174$248
Canal Capital Management, LLC3,157$247
Concurrent Investment Advisors, LLC3,056$239
27 other institutions27,047$2,063
Total (127 institutions)5,891,693$440,952