Vault-13

VANGUARD BD INDEX FDS BIV

INTERMED TERM · ETP · CUSIP 921937819

728 institutional holders +21 vs Q1 2023
127,382,870127.4m shares reported held*
$9.6bnreported value*
53 new 323 added 234 reduced 43 sold out net bought ≈ $856.8m (+10.5m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $75.38. Options: 1 managers hold calls ($240.7k notional), 0 hold puts (—).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 659Q4 22: 690Q1 23: 707Q2 23: 728728Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022659
Q4 2022690
Q1 2023707
Q2 2023728

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 281 bought or addedQ4 22: 325 cut or sold outQ4 22Q1 23: 351 bought or addedQ1 23: 296 cut or sold outQ1 23Q2 23: 376 bought or addedQ2 23: 277 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022281325
Q1 2023351296
Q2 2023376277

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600k$800kQ3 22 calls: $294.0kQ3 22 puts: $0Q3 22P/C 0.00Q4 22 calls: $282.4kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $207.2kQ1 23 puts: $667.6kQ1 23P/C 3.22Q2 23 calls: $240.7kQ2 23 puts: $0Q2 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$294.0k$00.00
Q4 2022$282.4k$00.00
Q1 2023$207.2k$667.6k3.22
Q2 2023$240.7k$00.00

Biggest buyers

MATHER GROUP, LLC. Added +2,297,290+2.3m
Beacon Capital Management, Inc. Added +1,384,023+1.4m
ENVESTNET ASSET MANAGEMENT INC Added +1,128,587+1.1m
WELLS FARGO & COMPANY/MN Added +774,179+774.2k
MORGAN STANLEY Added +490,758+490.8k
Retirement Investment Advisors, Inc. Added +489,251+489.3k
OSAIC HOLDINGS, INC. Added +480,340+480.3k
UNITED CAPITAL FINANCIAL ADVISORS, LLC Added +328,482+328.5k
Mariner, LLC Added +289,982+290.0k
BANK OF AMERICA CORP /DE/ Added +286,000+286.0k

Biggest sellers

FMR LLC Reduced -1,632,438-1.6m
Summit Wealth Group, LLC Reduced -785,791-785.8k
JANE STREET GROUP, LLC Sold out -210,149-210.1k
Sage Financial Management Group, Inc. Sold out -158,708-158.7k
WORLD EQUITY GROUP, INC. Sold out -112,034-112.0k
Greystone Financial Group, LLC Reduced -102,327-102.3k
CARY STREET PARTNERS ASSET MANAGEMENT LLC Reduced -84,205-84.2k
Thrivent Financial for Lutherans Reduced -77,310-77.3k
MGO ONE SEVEN LLC Reduced -62,015-62.0k
OLD MISSION CAPITAL LLC Reduced -51,222-51.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $240.7k3.2k shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.70% of their portfolio Berwyn, PA 20,945,57620.9m $1.6bn $1.6bn 0.70% Added +1.1m +1,128,587
2 WELLS FARGO & COMPANY/MN 0.16% of their portfolio SAN FRANCISCO, CA 7,289,5597.3m $548.4m $548.4m 0.16% Added +774.2k +774,179
3 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 5,888,8575.9m $443.0m $443.0m 0.05% Added +286.0k +286,000
4 UNITED CAPITAL FINANCIAL ADVISORS, LLC 2.29% of their portfolio IRVING, TX 5,588,4235.6m $420.4m $420.4m 2.29% Added +328.5k +328,482
5 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.53% of their portfolio MILWAUKEE, WI 5,493,6195.5m $413.3m $413.3m 0.53% Added +283.1k +283,120
6 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 4,920,1004.9m $370.1m $370.1m 0.04% Added +490.8k +490,758
7 GOLDMAN SACHS GROUP INC 0.09% of their portfolio NEW YORK, NY 4,917,7704.9m $370.0m $370.0m 0.09% Added +168.0k +167,990
8 LPL Financial LLC 0.21% of their portfolio FORT MILL, SC 3,936,9853.9m $296.2m $296.2m 0.21% Added +172.8k +172,761
9 Baird Financial Group, Inc. 0.50% of their portfolio MILWAUKEE, WI 2,517,9712.5m $189.4m $189.4m 0.50% Added +97.2k +97,219
10 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 2,503,6452.5m $188.4m $188.4m 0.06% Reduced -27.3k -27,288
11 OSAIC HOLDINGS, INC. 0.33% of their portfolio SCOTTSDALE, AZ 2,442,2792.4m $183.6m $183.6m 0.33% Added +480.3k +480,340
12 MATHER GROUP, LLC. 2.84% of their portfolio CHICAGO, IL 2,367,3732.4m $178.1m $178.1m 2.84% Added +2.3m +2,297,290
13 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 1,926,7441.9m $144.9m $144.9m 0.04% Added +185.4k +185,374
14 LINCOLN NATIONAL CORP 2.43% of their portfolio RADNOR, PA 1,633,1051.6m $122.9m $122.9m 2.43% Added +17.1k +17,080
15 FMR LLC 0.01% of their portfolio BOSTON, MA 1,467,8561.5m $110.4m $110.4m 0.01% Reduced -1.6m -1,632,438
16 UBS Group AG 0.05% of their portfolio ZURICH, V8 1,449,9551.4m $109.1m $109.1m 0.05% Added +225.6k +225,556
17 Diana Davis Spencer Foundation 41.20% of their portfolio BETHESDA, MD 1,426,0001.4m $107.3m $107.3m 41.20% Unchanged
18 Beacon Capital Management, Inc. 3.66% of their portfolio DAYTON, OH 1,394,8861.4m $104.9m $104.9m 3.66% Added +1.4m +1,384,023
19 Efficient Advisors, LLC 6.61% of their portfolio BEAVERTON, OR 1,345,7501.3m $101.2m $101.2m 6.61% Added +34.8k +34,810
20 Retirement Investment Advisors, Inc. 11.10% of their portfolio OKLAHOMA CITY, OK 1,230,4111.2m $92.6m $92.6m 11.10% Added +489.3k +489,251
21 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 1,186,1161.2m $89.2m $89.2m 0.02% Reduced -206 -206
22 JONES FINANCIAL COMPANIES LLLP 0.14% of their portfolio DES PERES, MO 1,161,1081.2m $87.4m $87.4m 0.14% Reduced -26.9k -26,894
23 TRUIST FINANCIAL CORP 0.12% of their portfolio CHARLOTTE, NC 985,672985.7k $74.2m $74.2m 0.12% Reduced -22.2k -22,186
24 Mariner, LLC 0.20% of their portfolio Overland Park, KS 974,437974.4k $73.3m $73.3m 0.20% Added +290.0k +289,982
25 Cambridge Investment Research Advisors, Inc. 0.33% of their portfolio FAIRFIELD, IA 968,431968.4k $72.9m $72.9m 0.33% Added +25.3k +25,326
26 American Trust 4.64% of their portfolio LEXINGTON, KY 934,674934.7k $70.3m $70.3m 4.64% Reduced -20.6k -20,590
27 TIAA, FSB 0.24% of their portfolio ST. LOUIS, MO 875,100875.1k $65.8m $65.8m 0.24% Added +280.2k +280,249
28 Merit Financial Group, LLC 2.11% of their portfolio ALPHARETTA, GA 865,770865.8k $65.1m $65.1m 2.11% Added +92.7k +92,671
29 US BANCORP \DE\ 0.09% of their portfolio MINNEAPOLIS, MN 768,653768.7k $57.8m $57.8m 0.09% Added +28.0k +27,982
30 COMMONWEALTH EQUITY SERVICES, LLC 0.10% of their portfolio WALTHAM, MA 653,895653.9k $49.2m $49.2m 0.10% Added +13.9k +13,872
31 BCM ADVISORS, LLC 13.24% of their portfolio LAFAYETTE, LA 653,464653.5k $49.4m $49.4m 13.24% Added +9.3k +9,316
32 True Link Financial Advisors, LLC 4.91% of their portfolio SAN FRANCISCO, CA 539,975540.0k $40.6m $40.6m 4.91% Added +232.0k +232,033
33 Brio Consultants, LLC 7.15% of their portfolio SAN FRANCISCO, CA 525,628525.6k $39.5m $39.5m 7.15% Added +29.1k +29,150
34 COMERICA SECURITIES,INC. 2.68% of their portfolio DETROIT, MI 512,996513.0k $38.6m $38.6m 2.68% Reduced -14.1k -14,137
35 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 496,465496.5k $37.4m $37.4m 0.07% Reduced -31.5k -31,520
36 Badgley Phelps Wealth Managers, LLC 1.21% of their portfolio SEATTLE, WA 487,812487.8k $36.7m $36.7m 1.21% Added +6.7k +6,720
37 CAPE COD FIVE CENTS SAVINGS BANK 3.76% of their portfolio HYANNIS, MA 476,149476.1k $35.8m $35.8m 3.76% Added +24.7k +24,727
38 Keudell/Morrison Wealth Management 10.19% of their portfolio Salem, OR 470,001470.0k $35.4m $35.4m 10.19% Added +17.8k +17,849
39 Franklin, Parlapiano, Turner & Welch, LLC 10.14% of their portfolio HOUSTON, TX 454,553454.6k $34.2m $34.2m 10.14% Added +12.5k +12,463
40 Cannon Financial Strategists, Inc. 9.39% of their portfolio ATHENS, GA 454,283454.3k $34.2m $34.2m 9.39% Added +17.1k +17,070
41 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 444,913444.9k $33.5m $33.5m 0.05% Added +83.2k +83,174
42 Raymond James Financial Services Advisors, Inc. 0.06% of their portfolio ST. PETERSBURG, FL 440,973441.0k $33.2m $33.2m 0.06% Added +143.6k +143,558
43 MML INVESTORS SERVICES, LLC 0.18% of their portfolio SPRINGFIELD, MA 434,917434.9k $32.7m $32.7m 0.18% Added +38.8k +38,771
44 Austin Private Wealth, LLC 4.68% of their portfolio Austin, TX 430,559430.6k $32.4m $32.4m 4.68% Added +18.5k +18,471
45 Sand Hill Global Advisors, LLC 1.57% of their portfolio Palo Alto, CA 420,966421.0k $31.7m $31.7m 1.57% Added +30.4k +30,450
46 WEALTHSOURCE PARTNERS, LLC 2.08% of their portfolio SAN LUIS OBISPO, CA 419,789419.8k $31.6m $31.6m 2.08% Added +60.3k +60,320
47 Cetera Investment Advisers 0.26% of their portfolio SCHAUMBURG, IL 411,848411.8k $31.0m $31.0m 0.26% Added +31.1k +31,150
48 Burt Wealth Advisors 9.32% of their portfolio North Bethesda, MD 411,018411.0k $30.9m $30.9m 9.32% Added +24.1k +24,096
49 Modera Wealth Management, LLC 0.55% of their portfolio WESTWOOD, NJ 404,754404.8k $30.4m $30.4m 0.55% Added +20.3k +20,263
50 Cranbrook Wealth Management, LLC 8.24% of their portfolio Bloomfield Hills, MI 393,252393.3k $29.6m $29.6m 8.24% Added +31.1k +31,134
51 Janney Montgomery Scott LLC 0.10% of their portfolio PHILADELPHIA, PA 392,000392.0k $29.5m $29.5m 0.10% Added +293 +293
52 PEAPACK GLADSTONE FINANCIAL CORP 0.52% of their portfolio BEDMINSTER, NJ 386,723386.7k $29.1m $29.1m 0.52% Added +70.5k +70,474
53 FIRST NATIONAL BANK & TRUST CO OF NEWTOWN 5.85% of their portfolio NEWTOWN, PA 364,567364.6k $27.4m $27.4m 5.85% Reduced -3.9k -3,884
54 One Capital Management, LLC 1.22% of their portfolio WESTLAKE VILLAGE, CA 357,855357.9k $26.9m $26.9m 1.22% Added +219.0k +219,004
55 Thrivent Financial for Lutherans 0.06% of their portfolio Minneapolis, MN 355,816355.8k $26.7m $26.7m 0.06% Reduced -77.3k -77,310
56 BANK OF STOCKTON 9.18% of their portfolio STOCKTON, CA 355,334355.3k $26.7m $26.7m 9.18% Reduced -36.1k -36,078
57 CreativeOne Wealth, LLC 0.66% of their portfolio OVERLAND PARK, KS 345,798345.8k $26.4m $26.4m 0.66% Added +165.4k +165,358
58 Atria Wealth Solutions, Inc. 0.35% of their portfolio NEW YORK, NY 345,140345.1k $26.0m $26.0m 0.35% Added +57.4k +57,410
59 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 332,001332.0k $25.0m $25.0m 0.02% Added +21.0k +20,994
60 AVANTAX ADVISORY SERVICES, INC. 0.28% of their portfolio DALLAS, TX 328,537328.5k $24.7m $24.7m 0.28% Added +79.8k +79,785
61 Geneos Wealth Management Inc. 1.23% of their portfolio ENGLEWOOD, CO 311,043311.0k $23.4m $23.4m 1.23% Added +15.0k +15,017
62 OLIO Financial Planning 11.03% of their portfolio MCLEAN, VA 309,440309.4k $23.3m $23.3m 11.03% Added +20.7k +20,690
63 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 1.38% of their portfolio RICHMOND, VA 286,133286.1k $21.5m $21.5m 1.38% Added +205.9k +205,936
64 PINKERTON WEALTH, LLC 4.21% of their portfolio COEUR D ALENE, ID 283,321283.3k $21.3m $21.3m 4.21% Reduced -15.8k -15,829
65 Francis Financial, Inc. 11.34% of their portfolio NEW YORK, NY 278,891278.9k $21.0m $21.0m 11.34% Added +145.3k +145,289
66 Willow Creek Wealth Management Inc. 2.97% of their portfolio Sebastopol, CA 278,552278.6k $21.0m $21.0m 2.97% Added +49.3k +49,327
67 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 276,740276.7k $20.9m $20.9m 0.01% Reduced -31.1k -31,097
68 PNC Financial Services Group, Inc. 0.02% of their portfolio Pittsburgh, PA 274,787274.8k $20.7m $20.7m 0.02% Added +45.7k +45,652
69 Reliant Wealth Planning 12.37% of their portfolio LOUISVILLE, KY 272,468272.5k $20.5m $20.5m 12.37% New
70 CAPITAL INSIGHT PARTNERS, LLC 4.51% of their portfolio SCOTTSDALE, AZ 267,754267.8k $20.1m $20.1m 4.51% New
71 Diversified Portfolios, Inc. 3.98% of their portfolio Bloomfield Hills, MI 263,923263.9k $19.9m $19.9m 3.98% Added +7.2k +7,201
72 Cetera Advisor Networks LLC 0.14% of their portfolio EL SEGUNDO, CA 263,197263.2k $19.8m $19.8m 0.14% Added +55.4k +55,372
73 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 7.75% of their portfolio EAGLE, ID 261,863261.9k $19.7m $19.7m 7.75% Reduced -2.4k -2,390
74 FIFTH THIRD BANCORP 0.08% of their portfolio CINCINNATI, OH 250,665250.7k $18.9m $18.9m 0.08% Added +43.3k +43,314
75 Windward Private Wealth Management Inc. 8.16% of their portfolio OVERLAND PARK, KS 244,880244.9k $18.4m $18.4m 8.16% Added +3.0k +2,967
76 Cetera Advisors LLC 0.29% of their portfolio DENVER, CO 242,658242.7k $18.3m $18.3m 0.29% Added +156.8k +156,752
77 Greystone Financial Group, LLC 4.15% of their portfolio BLOOMFIELD HILLS, MI 237,900237.9k $17.9m $17.9m 4.15% Reduced -102.3k -102,327
78 Scott Capital Advisors, LLC 7.54% of their portfolio PORTLAND, OR 233,100233.1k $17.5m $17.5m 7.54% Added +37.2k +37,211
79 EXCHANGE TRADED CONCEPTS, LLC 0.41% of their portfolio Oklahoma City, OK 222,823222.8k $16.8m $16.8m 0.41% New
80 Orion Porfolio Solutions, LLC 0.17% of their portfolio OMAHA, NE 216,358216.4k $16.3m $16.3m 0.17% Added +10.6k +10,561
81 Orion Portfolio Solutions, LLC 0.17% of their portfolio Omaha, NE 216,358216.4k $16.3m $16.3m 0.17% Added +10.6k +10,561
82 Schiavi & Co LLC 6.64% of their portfolio WILMINGTON, DE 212,919212.9k $16.0m $16.0m 6.64% Added +17.4k +17,430
83 Consolidated Portfolio Review Corp 3.69% of their portfolio WOODBURY, NY 206,334206.3k $15.5m $15.5m 3.69% Added +55.8k +55,847
84 FIRST MERCHANTS CORP 1.28% of their portfolio Muncie, IN 201,672201.7k $15.2m $15.2m 1.28% Reduced -3.0k -3,020
85 WEBSTERROGERS FINANCIAL ADVISORS, LLC 6.46% of their portfolio FLORENCE, SC 197,188197.2k $14.8m $14.8m 6.46% Added +9.3k +9,313
86 Brookstone Capital Management 0.29% of their portfolio WHEATON, IL 196,244196.2k $14.5m $14.5m 0.29% Added +16.3k +16,340
87 Private Advisor Group, LLC 0.13% of their portfolio MORRISTOWN, NJ 191,637191.6k $14.4m $14.4m 0.13% Added +56.3k +56,279
88 Verde Capital Management 5.24% of their portfolio CLARKSTON, MI 183,464183.5k $13.8m $13.8m 5.24% Added +3.5k +3,451
89 PRUDENTIAL FINANCIAL INC 0.02% of their portfolio NEWARK, NJ 181,018181.0k $14.2m $14.2m 0.02% Reduced -4.7k -4,686
90 Amplius Wealth Advisors, LLC 1.83% of their portfolio BLUE BELL, PA 180,708180.7k $13.6m $13.6m 1.83% Added +21.4k +21,437
91 Human Investing LLC 3.08% of their portfolio LAKE OSWEGO, OR 179,686179.7k $13.5m $13.5m 3.08% Added +5.3k +5,274
92 Wealthfront Advisers LLC 0.06% of their portfolio Palo Alto, CA 178,480178.5k $13.4m $13.4m 0.06% Reduced -20.5k -20,478
93 ForthRight Wealth Management, LLC 5.49% of their portfolio ALPHARETTA, GA 174,710174.7k $13.1m $13.1m 5.49% Added +19.8k +19,760
94 Brewster Financial Planning LLC 12.54% of their portfolio BROOKLYN, NY 172,609172.6k $13.0m $13.0m 12.54% Reduced -2.1k -2,112
95 Pacific Capital Wealth Advisors, Inc. 3.26% of their portfolio CORONA, CA 170,669170.7k $12.8m $12.8m 3.26% Added +4.1k +4,108
96 Betterment LLC 0.04% of their portfolio NEW YORK, NY 170,196170.2k $12.8m $12.8m 0.04% Added +13.9k +13,942
97 NewSquare Capital LLC 1.32% of their portfolio NEWTOWN SQUARE, PA 169,000169.0k $12.7m $12.7m 1.32% Added +7.1k +7,090
98 Financial Engines Advisors L.L.C. 0.03% of their portfolio SANTA CLARA, CA 168,999169.0k $12.7m $12.7m 0.03% Added +24.4k +24,415
99 CAROLINAS WEALTH CONSULTING LLC 2.51% of their portfolio CHARLOTTE, NC 168,240168.2k $12.7m $12.7m 2.51% Added +110.3k +110,327
100 Atria Investments, Inc 0.23% of their portfolio Charlotte, NC 167,966168.0k $12.6m $12.6m 0.23% Added +75.4k +75,371