Vault-13

VANGUARD MALVERN FDS VCRB

CORE BD ETF · ETP · CUSIP 922020748

306 institutional holders +30 vs Q1 2026
77,509,67977.5m shares reported held*
$6.0bnreported value*
49 new 191 added 51 reduced 15 sold out net bought ≈ $675.3m (+8.8m 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 ($682.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $77.03.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0200400Q4 23: 6Q1 24: 25Q2 24: 45Q3 24: 57Q4 24: 93Q1 25: 137Q2 25: 170Q3 25: 202Q4 25: 247Q1 26: 276Q2 26: 306306Q4 23Q2 24Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q4 20236
Q1 202425
Q2 202445
Q3 202457
Q4 202493
Q1 2025137
Q2 2025170
Q3 2025202
Q4 2025247
Q1 2026276
Q2 2026306

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 24: 46 bought or addedQ3 24: 8 cut or sold outQ4 24: 66 bought or addedQ4 24: 12 cut or sold outQ4 24Q1 25: 120 bought or addedQ1 25: 13 cut or sold outQ2 25: 133 bought or addedQ2 25: 41 cut or sold outQ2 25Q3 25: 167 bought or addedQ3 25: 35 cut or sold outQ4 25: 179 bought or addedQ4 25: 45 cut or sold outQ4 25Q1 26: 221 bought or addedQ1 26: 44 cut or sold outQ2 26: 240 bought or addedQ2 26: 66 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024468
Q4 20246612
Q1 202512013
Q2 202513341
Q3 202516735
Q4 202517945
Q1 202622144
Q2 202624066

Biggest buyers

Verum Partners LLC Added +662,831+662.8k
BANK OF AMERICA CORP /DE/ Added +492,986+493.0k
Mallini Complete Financial Planning LLC New +370,324+370.3k
WELLS FARGO & COMPANY/MN Added +341,854+341.9k
BCGM Wealth Management, LLC New +329,425+329.4k
Forvis Mazars Wealth Advisors, LLC Added +294,406+294.4k
HBK Sorce Advisory LLC Added +292,166+292.2k
SIGNATUREFD, LLC Added +281,137+281.1k
Boston Standard Wealth Management, LLC Added +271,492+271.5k
TFO Wealth Partners, LLC Added +236,444+236.4k

Biggest sellers

Meeder Advisory Services, Inc. Reduced -435,888-435.9k
Orion Porfolio Solutions, LLC Reduced -121,560-121.6k
TRUIST FINANCIAL CORP Reduced -116,478-116.5k
Cetera Investment Advisers Reduced -95,302-95.3k
Addison Advisors LLC Reduced -88,728-88.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -80,157-80.2k
VICTORY FINANCIAL GROUP, LLC Sold out -63,497-63.5k
Summit Financial, LLC Reduced -56,022-56.0k
GOLDMAN SACHS GROUP INC Sold out -54,926-54.9k
Bank of New York Mellon Corp Reduced -52,451-52.5k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HBK Sorce Advisory LLC 16.85% of their portfolio ERIE, PA 11,340,35011.3m $863.8m $863.8m 16.85% Added +292.2k +292,166
2 SIGNATUREFD, LLC 5.91% of their portfolio ATLANTA, GA 5,727,5985.7m $442.4m $442.4m 5.91% Added +281.1k +281,137
3 Advance Capital Management, Inc. 9.62% of their portfolio SOUTHFIELD, MI 3,854,5143.9m $297.7m $297.7m 9.62% Added +132.8k +132,819
4 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 3,393,6683.4m $262.1m $262.1m 0.04% Reduced -52.5k -52,451
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,918,5332.9m $225.4m $225.4m 0.01% Added +493.0k +492,986
6 Forvis Mazars Wealth Advisors, LLC 3.03% of their portfolio Springfield, MO 2,345,5162.3m $181.2m $181.2m 3.03% Added +294.4k +294,406
7 NEPC LLC 3.31% of their portfolio Boston, MA 2,299,2002.3m $177.6m $177.6m 3.31% Reduced -32.5k -32,500
8 Martel Wealth Advisors LLC 20.32% of their portfolio VANCOUVER, WA 1,672,6141.7m $129.2m $129.2m 20.32% Added +91.8k +91,834
9 ASSETMARK, INC 0.21% of their portfolio CONCORD, CA 1,574,7201.6m $121.6m $121.6m 0.21% Added +189.8k +189,844
10 Diversified Portfolios, Inc. 7.70% of their portfolio Bloomfield Hills, MI 1,374,6181.4m $106.2m $106.2m 7.70% Added +179.9k +179,935
11 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,297,4371.3m $100.2m $100.2m 0.02% Added +233.4k +233,353
12 Smith & Howard Wealth Management, LLC 18.09% of their portfolio ATLANTA, GA 1,138,5061.1m $87.9m $87.9m 18.09% Added +49.7k +49,682
13 Financial Engines Advisors L.L.C. 0.15% of their portfolio SANTA CLARA, CA 1,080,9041.1m $83.5m $83.5m 0.15% Added +98.2k +98,223
14 Verum Partners LLC 12.46% of their portfolio CHARLOTTE, NC 1,067,0081.1m $82.4m $82.4m 12.46% Added +662.8k +662,831
15 BLB&B Advisors, LLC 3.01% of their portfolio MONTGOMERYVILLE, PA 1,063,1791.1m $82.1m $82.1m 3.01% Added +107.8k +107,753
16 ALERUS FINANCIAL NA 3.25% of their portfolio GRAND FORKS, ND 961,921961.9k $74.3m $74.3m 3.25% Added +13.1k +13,142
17 ORRSTOWN FINANCIAL SERVICES INC 10.26% of their portfolio HARRISBURG, PA 894,661894.7k $69.1m $69.1m 10.26% Added +10.9k +10,938
18 Heartland Bank & Trust Co 13.40% of their portfolio BLOOMINGTON, IL 838,371838.4k $64.7m $64.7m 13.40% Added +14.7k +14,722
19 Orion Porfolio Solutions, LLC 0.46% of their portfolio OMAHA, NE 770,284770.3k $59.5m $59.5m 0.46% Reduced -121.6k -121,560
20 Zhang Financial LLC 1.64% of their portfolio PORTAGE, MI 727,196727.2k $56.2m $56.2m 1.64% Added +201.8k +201,837
21 Magnolia Wealth Management, LLC 28.98% of their portfolio DOTHAN, AL 716,770716.8k $55.4m $55.4m 28.98% Added +73.6k +73,569
22 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 691,674691.7k $53.4m $53.4m 0.01% Added +63.7k +63,657
23 BOK Financial Private Wealth, Inc. 2.60% of their portfolio DENVER, CO 655,898655.9k $50.7m $50.7m 2.60% Added +45.2k +45,230
24 New England Capital Financial Advisors LLC 11.69% of their portfolio MERIDEN, CT 632,969633.0k $48.9m $48.9m 11.69% Added +42.1k +42,095
25 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 594,901594.9k $45.9m $45.9m 0.01% Added +341.9k +341,854
26 Tilson Financial Group, Inc. 12.44% of their portfolio NEW PROVIDENCE, NJ 585,536585.5k $45.2m $45.2m 12.44% Added +25.8k +25,782
27 Envestnet Portfolio Solutions, Inc. 0.21% of their portfolio BERWYN, PA 553,912553.9k $42.8m $42.8m 0.21% Added +19.5k +19,483
28 HUB Investment Partners, LLC 0.78% of their portfolio AUSTIN, TX 552,085552.1k $42.6m $42.6m 0.78% Added +38.9k +38,875
29 Essex LLC 6.39% of their portfolio DEER PARK, IL 545,388545.4k $42.1m $42.1m 6.39% Added +81.4k +81,352
30 Mills Wealth Advisors LLC 12.49% of their portfolio SOUTHLAKE, TX 513,604513.6k $39.7m $39.7m 12.49% Added +57.9k +57,899
31 Tull Financial Group, Inc. 15.21% of their portfolio CHESAPEAKE, VA 503,147503.1k $38.9m $38.9m 15.21% Added +21.1k +21,103
32 EVOLVE PRIVATE WEALTH, LLC 2.36% of their portfolio LOS ANGELES, CA 499,984500.0k $38.6m $38.6m 2.36% Added +33.1k +33,105
33 SJS Investment Consulting Inc. 4.07% of their portfolio SYLVANIA, OH 484,453484.5k $37.4m $37.4m 4.07% Added +47.2k +47,244
34 First Citizens Asset Management, Inc. 11.47% of their portfolio RALEIGH, NC 464,660464.7k $35.9m $35.9m 11.47% Added +9.4k +9,396
35 Rise Advisors, LLC 9.99% of their portfolio ROCHESTER, NY 459,797459.8k $35.5m $35.5m 9.99% Added +158.4k +158,358
36 Alaethes Wealth, LLC 10.18% of their portfolio GLENBROOK, NV 452,682452.7k $35.0m $35.0m 10.18% Added +39.6k +39,570
37 Leonard Rickey Investment Advisors P.L.L.C. 5.32% of their portfolio YAKIMA, WA 438,604438.6k $33.9m $33.9m 5.32% Added +57.8k +57,788
38 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 431,363431.4k $33.3m $33.3m 0.04% Added +53.6k +53,590
39 Mariner, LLC 0.03% of their portfolio Overland Park, KS 423,553423.6k $32.7m $32.7m 0.03% Added +63.9k +63,918
40 Boston Standard Wealth Management, LLC 4.70% of their portfolio WINCHESTER, MA 421,187421.2k $32.4m $32.4m 4.70% Added +271.5k +271,492
41 AMI INVESTMENT MANAGEMENT INC 6.90% of their portfolio KENDALLVILLE, IN 420,558420.6k $32.5m $32.5m 6.90% Reduced -4.0k -4,005
42 SACHEM HILL LLC 5.73% of their portfolio DENVER, CO 417,284417.3k $32.2m $32.2m 5.73% Added +11.9k +11,886
43 Momentous Wealth Management, Inc. 15.95% of their portfolio VANCOUVER, WA 402,952403.0k $31.1m $31.1m 15.95% Added +22.9k +22,877
44 Investment Planning Advisors, Inc. 7.20% of their portfolio CUMMING, GA 402,406402.4k $31.1m $31.1m 7.20% Added +37.3k +37,328
45 Quantum Financial Planning Services, Inc. 9.29% of their portfolio SPOKANE, WA 387,776387.8k $29.9m $29.9m 9.29% Added +18.7k +18,735
46 SoundView Advisors Inc. 9.67% of their portfolio OLYMPIA, WA 384,228384.2k $29.7m $29.7m 9.67% Added +3.8k +3,766
47 BCR Wealth Strategies, LLC 8.29% of their portfolio VESTAVIA, AL 381,880381.9k $29.5m $29.5m 8.29% Added +38.8k +38,802
48 TFO Wealth Partners, LLC 3.17% of their portfolio MAUMEE, OH 376,924376.9k $29.1m $29.1m 3.17% Added +236.4k +236,444
49 Burton Enright Welch 3.36% of their portfolio WALNUT CREEK, CA 370,543370.5k $28.6m $28.6m 3.36% Added +77.8k +77,843
50 Mallini Complete Financial Planning LLC 20.40% of their portfolio GAINESVILLE, FL 370,324370.3k $28.6m $28.6m 20.40% New
51 Gross & Hartman Investments LLC 12.25% of their portfolio LEOLA, PA 359,182359.2k $27.7m $27.7m 12.25% Added +90.9k +90,873
52 NewEdge Wealth, LLC 0.27% of their portfolio STAMFORD, CT 348,721348.7k $26.9m $26.9m 0.27% Reduced -2.1k -2,129
53 Cornerstone Wealth Group, LLC 1.58% of their portfolio HUNTERSVILLE, NC 342,833342.8k $26.5m $26.5m 1.58% Added +10.1k +10,110
54 RESOLUTE CAPITAL, LLC 8.91% of their portfolio GREENVILLE, SC 334,463334.5k $25.8m $25.8m 8.91% Reduced -4.7k -4,715
55 CGN Advisors LLC 1.88% of their portfolio MANHATTAN, KS 334,261334.3k $25.8m $25.8m 1.88% Added +13.6k +13,574
56 SVB WEALTH LLC 1.63% of their portfolio BOSTON, MA 333,949333.9k $25.8m $25.8m 1.63% Added +10.7k +10,738
57 BCGM Wealth Management, LLC 5.38% of their portfolio LAFAYETTE, IN 329,425329.4k $25.4m $25.4m 5.38% New
58 San Luis Wealth Advisors LLC 3.69% of their portfolio SAN LUIS OBISPO, CA 317,382317.4k $24.5m $24.5m 3.69% Added +30.7k +30,692
59 D'Orazio & Associates, Inc. 2.75% of their portfolio VIENNA, VA 307,966308.0k $23.8m $23.8m 2.75% Added +63.3k +63,324
60 SMITHBRIDGE ASSET MANAGEMENT INC/DE 3.16% of their portfolio Chadds Ford, PA 300,432300.4k $23.2m $23.2m 3.16% Added +15.0k +14,951
61 Acropolis Investment Management, LLC 0.91% of their portfolio ST. LOUIS, MO 298,167298.2k $23.0m $23.0m 0.91% Added +8.3k +8,302
62 Central Pacific Bank - Trust Division 2.22% of their portfolio HONOLULU, HI 282,575282.6k $21.8m $21.8m 2.22% Added +95.0k +94,958
63 Crusonia Wealth Advisors LLC 3.56% of their portfolio DENVER, CO 280,488280.5k $21.7m $21.7m 3.56% Added +34.3k +34,290
64 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 279,836279.8k $21.6m $21.6m 0.02% Added +181.5k +181,487
65 NorthLanding Financial Partners, LLC 14.91% of their portfolio ROCHESTER, NY 279,076279.1k $21.6m $21.6m 14.91% Added +3.9k +3,912
66 Penney Financial, LLC 7.02% of their portfolio HOUSTON, TX 259,865259.9k $20.1m $20.1m 7.02% Added +168.0k +167,952
67 Blume Capital Management, Inc. 2.86% of their portfolio BERKELEY, CA 250,052250.1k $19.3m $19.3m 2.86% Added +18.2k +18,202
68 KEELER & NADLER FINANCIAL PLANNING & WEALTH MANAGEMENT 5.44% of their portfolio Dublin, OH 248,157248.2k $19.2m $19.2m 5.44% Added +24.0k +23,983
69 SCOTIA CAPITAL INC. 0.07% of their portfolio TORONTO, A6 243,337243.3k $18.8m $18.8m 0.07% Added +3.2k +3,241
70 Safe Harbor Family Capital, LLC 12.44% of their portfolio CHAPEL HILL, NC 241,045241.0k $18.6m $18.6m 12.44% Added +45.2k +45,219
71 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 239,827239.8k $18.5m $18.5m 0.00% Added +70.7k +70,654
72 Lansing Street Advisors 3.87% of their portfolio AMBLER, PA 234,976235.0k $18.1m $18.1m 3.87% Reduced -22.3k -22,315
73 Conservest Capital Advisors, Inc. 1.38% of their portfolio WYNNEWOOD, PA 224,673224.7k $17.4m $17.4m 1.38% Added +15.6k +15,593
74 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 220,928220.9k $17.1m $17.1m 0.02% New
75 Centric Wealth Management 2.60% of their portfolio CHICAGO, IL 220,113220.1k $16.7m $16.7m 2.60% New
76 Chicago Partners Investment Group LLC 0.33% of their portfolio CHICAGO, IL 215,667215.7k $16.4m $16.4m 0.33% Added +41.6k +41,629
77 Foundations Investment Advisors, LLC 0.17% of their portfolio PHOENIX, AZ 213,183213.2k $16.5m $16.5m 0.17% Reduced -38.1k -38,145
78 Wolff Financial Management LLC 3.25% of their portfolio KALAMAZOO, MI 211,201211.2k $16.3m $16.3m 3.25% Added +21.3k +21,314
79 Compton Wealth Advisory Group, LLC 3.19% of their portfolio VIRGINIA BEACH, VA 205,822205.8k $15.8m $15.8m 3.19% Added +17.5k +17,481
80 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 200,752200.8k $15.5m $15.5m 0.05% Added +67.5k +67,508
81 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 195,312195.3k $15.1m $15.1m 0.01% Added +3.6k +3,571
82 ShankerValleau Wealth Advisors, Inc. 3.92% of their portfolio SKOKIE, IL 192,792192.8k $14.9m $14.9m 3.92% Added +10.8k +10,757
83 Souders Financial Advisors 1.42% of their portfolio CINCINNATI, OH 183,265183.3k $14.2m $14.2m 1.42% New
84 Olde Wealth Management, LLC 3.99% of their portfolio SAMMAMISH, WA 182,514182.5k $14.1m $14.1m 3.99% Added +9.8k +9,768
85 Barry Investment Advisors, LLC 2.92% of their portfolio NEW BEDFORD, MA 180,906180.9k $14.0m $14.0m 2.92% Added +40.2k +40,176
86 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 171,635171.6k $13.3m $13.3m 0.06% Added +6.9k +6,940
87 INVENIO WEALTH PARTNERS LLC 4.63% of their portfolio CORAL GABLES, FL 167,384167.4k $12.9m $12.9m 4.63% Added +3.7k +3,740
88 CFO4Life Group, LLC 1.73% of their portfolio COPPELL, TX 165,823165.8k $12.8m $12.8m 1.73% Reduced -46 -46
89 Madrid Wealth Management, LLC 8.12% of their portfolio ALBUQUERQUE, NM 160,158160.2k $12.4m $12.4m 8.12% Added +27.6k +27,607
90 Timmons Wealth Management, LLC 9.03% of their portfolio ATTLEBORO, MA 159,827159.8k $12.3m $12.3m 9.03% New
91 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 153,517153.5k $11.9m $11.9m 0.02% Added +51.2k +51,240
92 MISSION WEALTH MANAGEMENT, LP 0.15% of their portfolio Santa Barbara, CA 151,560151.6k $11.7m $11.7m 0.15% Added +47.2k +47,187
93 AJ Advisors, LLC 3.57% of their portfolio NASHVILLE, TN 148,577148.6k $11.5m $11.5m 3.57% Added +5.8k +5,830
94 PRINCIPAL SECURITIES, INC. 0.14% of their portfolio DES MOINES, IA 147,365147.4k $11.4m $11.4m 0.14% Added +12.4k +12,372
95 Main Line Retirement Advisors, LLC 5.07% of their portfolio WHITEFISH, MT 143,079143.1k $11.1m $11.1m 5.07% Added +48.4k +48,351
96 &PARTNERS 0.05% of their portfolio NASHVILLE, TN 142,349142.3k $11.0m $11.0m 0.05% Added +138.5k +138,466
97 Strategic Family Wealth Counselors, L.L.C. 2.48% of their portfolio FAIRFIELD, NJ 137,847137.8k $10.6m $10.6m 2.48% Added +10.3k +10,342
98 UP STRATEGIC WEALTH INVESTMENT ADVISORS LLC 5.77% of their portfolio PITTSBURGH, PA 127,301127.3k $9.7m $9.7m 5.77% Added +6.9k +6,905
99 Gutierrez Wealth Advisory, LLC 5.61% of their portfolio LITTLE ROCK, AR 125,787125.8k $9.7m $9.7m 5.61% Added +1.1k +1,059
100 CreativeOne Wealth, LLC 0.20% of their portfolio OVERLAND PARK, KS 119,141119.1k $9.2m $9.2m 0.20% Reduced -2.6k -2,613