Vault-13

VANGUARD MALVERN FDS VPLS

CORE-PLUS BD ETF · ETP · CUSIP 922020755

171 institutional holders +23 vs Q1 2026
12,086,43212.1m shares reported held*
$937.4mreported value*
32 new 98 added 18 reduced 9 sold out net bought ≈ $251.6m (+3.2m 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 ≈ $77.56.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q4 23: 4Q1 24: 18Q2 24: 24Q3 24: 33Q4 24: 54Q1 25: 76Q2 25: 88Q3 25: 103Q4 25: 130Q1 26: 148Q2 26: 171171Q4 23Q2 24Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q4 20234
Q1 202418
Q2 202424
Q3 202433
Q4 202454
Q1 202576
Q2 202588
Q3 2025103
Q4 2025130
Q1 2026148
Q2 2026171

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 24: 24 bought or addedQ3 24: 5 cut or sold outQ4 24: 40 bought or addedQ4 24: 9 cut or sold outQ4 24Q1 25: 59 bought or addedQ1 25: 12 cut or sold outQ2 25: 66 bought or addedQ2 25: 23 cut or sold outQ2 25Q3 25: 73 bought or addedQ3 25: 26 cut or sold outQ4 25: 102 bought or addedQ4 25: 15 cut or sold outQ4 25Q1 26: 110 bought or addedQ1 26: 35 cut or sold outQ2 26: 130 bought or addedQ2 26: 27 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024245
Q4 2024409
Q1 20255912
Q2 20256623
Q3 20257326
Q4 202510215
Q1 202611035
Q2 202613027

Biggest buyers

Johnson Financial Group, Inc. New +507,861+507.9k
ROYAL BANK OF CANADA Added +457,244+457.2k
Betterment LLC Added +405,717+405.7k
BANK OF AMERICA CORP /DE/ Added +362,843+362.8k
ALPS ADVISORS INC New +159,805+159.8k
RAYMOND JAMES FINANCIAL INC Added +131,349+131.3k
Summit Financial, LLC Added +117,020+117.0k
First Commonwealth Financial Corp /PA/ Added +85,194+85.2k
JONES FINANCIAL COMPANIES LLLP Added +79,738+79.7k
Mariner, LLC Added +65,811+65.8k

Biggest sellers

WNY Asset Management, LLC Reduced -146,703-146.7k
CITADEL ADVISORS LLC Reduced -48,664-48.7k
Insight Wealth Strategies, LLC Reduced -41,399-41.4k
OneDigital Investment Advisors LLC Sold out -28,556-28.6k
Strategic Family Wealth Counselors, L.L.C. Reduced -11,427-11.4k
Westwind Capital Sold out -11,316-11.3k
Wealthspire Advisors, LLC Sold out -9,898-9.9k
Merit Financial Group, LLC Sold out -8,342-8.3k
Private Advisor Group, LLC Reduced -4,566-4.6k
Triumph Capital Management Reduced -3,635-3.6k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,987,6062.0m $154.2m $154.2m 0.01% Added +362.8k +362,843
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 704,775704.8k $54.7m $54.7m 0.01% Added +60.9k +60,928
3 Betterment LLC 0.08% of their portfolio NEW YORK, NY 582,358582.4k $45.2m $45.2m 0.08% Added +405.7k +405,717
4 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 547,880547.9k $42.5m $42.5m 0.01% Added +457.2k +457,244
5 Johnson Financial Group, Inc. 1.30% of their portfolio RACINE, WI 507,861507.9k $39.4m $39.4m 1.30% New
6 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 422,448422.4k $32.8m $32.8m 0.04% Added +54.9k +54,883
7 Summit Financial, LLC 0.31% of their portfolio PARSIPPANY, NJ 366,127366.1k $28.4m $28.4m 0.31% Added +117.0k +117,020
8 First Commonwealth Financial Corp /PA/ 3.32% of their portfolio Indiana, PA 305,536305.5k $23.7m $23.7m 3.32% Added +85.2k +85,194
9 Insight Wealth Strategies, LLC 2.27% of their portfolio SAN RAMON, CA 301,707301.7k $23.3m $23.3m 2.27% Reduced -41.4k -41,399
10 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 298,699298.7k $23.2m $23.2m 0.01% Added +131.3k +131,349
11 Keystone Financial Group, Inc. 11.93% of their portfolio ATLANTA, GA 292,988293.0k $22.7m $22.7m 11.93% Added +20.1k +20,092
12 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 239,483239.5k $18.6m $18.6m 0.01% Added +79.7k +79,738
13 Mariner, LLC 0.02% of their portfolio Overland Park, KS 234,711234.7k $18.2m $18.2m 0.02% Added +65.8k +65,811
14 Diversified Portfolios, Inc. 1.31% of their portfolio Bloomfield Hills, MI 232,499232.5k $18.0m $18.0m 1.31% Added +39.1k +39,141
15 WNY Asset Management, LLC 1.53% of their portfolio Williamsville, NY 219,860219.9k $17.1m $17.1m 1.53% Reduced -146.7k -146,703
16 Balance Wealth Partners LLC 4.27% of their portfolio WORTHINGTON, OH 206,733206.7k $16.0m $16.0m 4.27% Added +17.2k +17,160
17 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 170,399170.4k $13.2m $13.2m 0.02% Added +20.9k +20,883
18 LEAVELL INVESTMENT MANAGEMENT, INC. 0.47% of their portfolio MOBILE, AL 165,370165.4k $12.8m $12.8m 0.47% Added +15.1k +15,148
19 ALPS ADVISORS INC 0.06% of their portfolio Denver, CO 159,805159.8k $12.4m $12.4m 0.06% New
20 NavPoint Financial, Inc. 4.35% of their portfolio Prior Lake, MN 151,332151.3k $11.7m $11.7m 4.35% Added +19.1k +19,099
21 Roehl & Yi Investment Advisors, LLC 3.62% of their portfolio Eugene, OR 141,904141.9k $11.0m $11.0m 3.62% Added +37.4k +37,412
22 Lakewood Asset Management LLC 6.02% of their portfolio NAPERVILLE, IL 141,422141.4k $11.0m $11.0m 6.02% Added +53.3k +53,332
23 Pasadena Private Wealth, LLC 1.40% of their portfolio PASADENA, CA 140,655140.7k $10.9m $10.9m 1.40% Added +6.7k +6,737
24 R. W. Roge & Company, Inc. 4.19% of their portfolio BOHEMIA, NY 127,432127.4k $9.9m $9.9m 4.19% Added +20.2k +20,157
25 HOWARD FINANCIAL SERVICES, LTD. 0.97% of their portfolio DALLAS, TX 125,340125.3k $9.7m $9.7m 0.97% Added +38.9k +38,912
26 Landmark Wealth Management, LLC 2.26% of their portfolio MELVILLE, NY 121,511121.5k $9.4m $9.4m 2.26% Added +5.5k +5,477
27 Ausdal Financial Partners, Inc. 0.36% of their portfolio Davenport, IA 117,526117.5k $9.1m $9.1m 0.36% Added +34.8k +34,801
28 VICUS CAPITAL 0.57% of their portfolio STATE COLLEGE, PA 112,939112.9k $8.8m $8.8m 0.57% Added +15.8k +15,785
29 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 112,006112.0k $8.6m $8.6m 0.01% Added +35.1k +35,088
30 Harbor Group, Inc. 0.94% of their portfolio BEDFORD, NH 103,659103.7k $8.0m $8.0m 0.94% Added +19.3k +19,343
31 FAGAN ASSOCIATES, INC. 0.89% of their portfolio TROY, NY 93,21693.2k $7.2m $7.2m 0.89% Reduced -425 -425
32 EVOLVE PRIVATE WEALTH, LLC 0.44% of their portfolio LOS ANGELES, CA 93,05193.1k $7.2m $7.2m 0.44% Reduced -235 -235
33 PANORAMIC INVESTMENT ADVISORS, LLC 3.43% of their portfolio DENVER, CO 92,41292.4k $7.2m $7.2m 3.43% Added +4.0k +3,956
34 Beaird Harris Wealth Management, LLC 0.44% of their portfolio DALLAS, TX 90,08090.1k $7.0m $7.0m 0.44% Added +36.0k +35,988
35 Dynamic Advisor Solutions LLC 0.20% of their portfolio PHOENIX, AZ 88,83088.8k $6.9m $6.9m 0.20% Added +2.7k +2,694
36 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.04% of their portfolio IRVING, TX 88,37288.4k $6.8m $6.8m 0.04% Added +5.0k +4,965
37 MorganRosel Wealth Management, LLC 2.28% of their portfolio HIGHLANDS RANCH, CO 87,19787.2k $6.8m $6.8m 2.28% Added +5.0k +4,977
38 North Star Investment Management Corp. 0.37% of their portfolio CHICAGO, IL 86,73486.7k $6.7m $6.7m 0.37% Added +4.4k +4,371
39 Integrity Wealth Solutions LLC 2.35% of their portfolio DENVER, CO 81,99782.0k $6.4m $6.4m 2.35% Added +275 +275
40 Farther Finance Advisors, LLC 0.04% of their portfolio SAN FRANCISCO, CA 71,52171.5k $5.5m $5.5m 0.04% Added +14.5k +14,487
41 SILVER OAK SECURITIES, INCORPORATED 0.33% of their portfolio JACKSON, TN 70,36970.4k $5.5m $5.5m 0.33% Added +7.8k +7,763
42 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 65,23265.2k $5.1m $5.1m 0.01% Reduced -576 -576
43 Investment Advisory Group, LLC 1.01% of their portfolio HANOVER, MA 60,24360.2k $4.7m $4.7m 1.01% Added +13.1k +13,086
44 OLD MISSION CAPITAL LLC 0.12% of their portfolio CHICAGO, IL 59,79259.8k $4.6m $4.6m 0.12% New
45 Entruity Wealth, LLC 3.00% of their portfolio BAKERSFIELD, CA 59,77159.8k $4.6m $4.6m 3.00% New
46 Beacon Pointe Advisors, LLC 0.02% of their portfolio NEWPORT BEACH, CA 58,65558.7k $4.6m $4.6m 0.02% Added +9.5k +9,470
47 CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC 0.57% of their portfolio BETHLEHEM, PA 56,16856.2k $4.4m $4.4m 0.57% Added +4.6k +4,568
48 Red Mountain Financial, LLC 3.64% of their portfolio FORT COLLINS, CO 55,95256.0k $4.3m $4.3m 3.64% Added +9.5k +9,469
49 CFO4Life Group, LLC 0.57% of their portfolio COPPELL, TX 54,80354.8k $4.3m $4.3m 0.57% Reduced -256 -256
50 Focus Partners Advisor Solutions, LLC 0.03% of their portfolio SAINT LOUIS, MO 49,81849.8k $3.9m $3.9m 0.03% Added +12.0k +11,968
51 OMNI 360 Wealth, Inc. 1.79% of their portfolio Plainsboro, NJ 49,81849.8k $3.9m $3.9m 1.79% Added +12.0k +11,968
52 Grant Street Asset Management, Inc. 0.60% of their portfolio CANONSBURG, PA 47,20947.2k $3.7m $3.7m 0.60% Added +599 +599
53 Kaizen Financial Strategies 1.43% of their portfolio CAMPBELL, CA 47,02147.0k $3.6m $3.6m 1.43% Added +11.4k +11,354
54 SAGE RHINO CAPITAL LLC 0.58% of their portfolio MENLO PARK, CA 45,10345.1k $3.5m $3.5m 0.58% Added +10.1k +10,050
55 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 38,69438.7k $3.0m $3.0m 0.00% Added +2.3k +2,314
56 DAHRING | CUSMANO LLC 1.44% of their portfolio NOVI, MI 35,18835.2k $2.7m $2.7m 1.44% Added +11.4k +11,423
57 IFP Advisors, Inc 0.05% of their portfolio TAMPA, FL 34,12334.1k $2.6m $2.6m 0.05% Added +510 +510
58 IAMS WEALTH MANAGEMENT, LLC 0.79% of their portfolio OMAHA, NE 33,65233.7k $2.6m $2.6m 0.79% Reduced -301 -301
59 Stonebridge Financial Planning Group, LLC 0.80% of their portfolio ORLANDO, FL 32,38532.4k $2.5m $2.5m 0.80% Added +6.0k +6,019
60 Quadrature Capital Ltd 0.02% of their portfolio LONDON, X0 31,50431.5k $2.4m $2.4m 0.02% New
61 Arax Advisory Partners 0.02% of their portfolio NEW YORK, NY 30,99831.0k $2.4m $2.4m 0.02% New
62 Advyzon Investment Management, LLC 0.16% of their portfolio LISLE, IL 29,12129.1k $2.3m $2.3m 0.16% Added +1.2k +1,250
63 Stonehearth Capital Management, LLC 0.75% of their portfolio DANVERS, MA 28,31728.3k $2.2m $2.2m 0.75% New
64 Cogent Private Wealth, Inc. 1.37% of their portfolio ORLANDO, FL 28,26728.3k $2.2m $2.2m 1.37% Unchanged
65 Triumph Capital Management 0.39% of their portfolio DENVER, CO 27,66627.7k $2.1m $2.1m 0.39% Reduced -3.6k -3,635
66 Retirement Planning Group, LLC 0.05% of their portfolio LEAWOOD, KS 27,66427.7k $2.1m $2.1m 0.05% New
67 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 26,71226.7k $2.1m $2.1m 0.00% Added +1.4k +1,381
68 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 26,07126.1k $2.0m $2.0m 0.00% Reduced -48.7k -48,664
69 Ameritas Advisory Services, LLC 0.04% of their portfolio Lincoln, NE 23,59923.6k $1.8m $1.8m 0.04% Added +21.7k +21,709
70 Burton Enright Welch 0.21% of their portfolio WALNUT CREEK, CA 22,66122.7k $1.8m $1.8m 0.21% Added +4.3k +4,312
71 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 22,63022.6k $1.8m $1.8m 0.00% Added +11.1k +11,107
72 Heck Capital Advisors, LLC 0.10% of their portfolio Rhinelander, WI 22,62322.6k $1.8m $1.8m 0.10% New
73 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 22,31722.3k $1.7m $1.7m 0.01% Added +452 +452
74 Topsail Wealth Management, LLC 0.21% of their portfolio CHARLOTTE, NC 21,41121.4k $1.7m $1.7m 0.21% Added +15.0k +15,023
75 Confluence Wealth Services, Inc. 0.05% of their portfolio MCMURRAY, PA 21,26421.3k $1.6m $1.6m 0.05% Added +1.1k +1,143
76 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 19,06319.1k $1.5m $1.5m 0.00% Added +4.4k +4,360
77 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 18,85518.9k $1.5m $1.5m 0.00% Added +14.2k +14,198
78 Centurion Wealth Management LLC 0.35% of their portfolio Mclean, VA 18,72418.7k $1.5m $1.5m 0.35% Added +6 +6
79 Integrated Advisors Network LLC 0.06% of their portfolio DALLAS, TX 17,77317.8k $1.4m $1.4m 0.06% Reduced -1.1k -1,148
80 XY Planning Network, Inc. 0.17% of their portfolio BOZEMAN, MT 17,69617.7k $1.4m $1.4m 0.17% Added +794 +794
81 UBS Group AG 0.00% of their portfolio ZURICH, V8 17,17017.2k $1.3m $1.3m 0.00% Added +17.1k +17,066
82 Strategic Family Wealth Counselors, L.L.C. 0.29% of their portfolio FAIRFIELD, NJ 16,31916.3k $1.3m $1.3m 0.29% Reduced -11.4k -11,427
83 BROOKS, MOORE & ASSOCIATES, INC. 0.53% of their portfolio CHATTANOOGA, TN 15,24615.2k $1.2m $1.2m 0.53% Added +100 +100
84 BARNES PETTEY FINANCIAL ADVISORS, LLC 0.36% of their portfolio CLARKSDALE, MS 14,83814.8k $1.2m $1.2m 0.36% Added +7.0k +6,989
85 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 14,69414.7k $1.1m $1.1m 0.00% Added +9.5k +9,487
86 Bernardo Wealth Planning LLC 0.19% of their portfolio HARLEYSVILLE, PA 14,29614.3k $1.1m $1.1m 0.19% New
87 Cypress Point Wealth Management, LLC 0.22% of their portfolio DALLAS, TX 14,04914.0k $1.1m $1.1m 0.22% New
88 CITIZENS FINANCIAL GROUP INC/RI 0.01% of their portfolio PROVIDENCE, RI 12,84812.8k $996.7k $996.7k 0.01% New
89 StoneX Group Inc. 0.04% of their portfolio NEW YORK, NY 12,11312.1k $939.7k $939.7k 0.04% Added +351 +351
90 ROBERTS GLORE & CO INC /IL/ 0.23% of their portfolio DEERFIELD, IL 11,82511.8k $917.4k $917.4k 0.23% Added +1.9k +1,870
91 GSG Advisors LLC 0.19% of their portfolio MOUNT LAUREL, NJ 11,21311.2k $869.9k $869.9k 0.19% Added +1.7k +1,672
92 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 10,81610.8k $839.1k $839.1k 0.00% Reduced -4.6k -4,566
93 Financial Insights, Inc. 0.20% of their portfolio TACOMA, WA 9,7459.7k $756.0k $756.0k 0.20% Added +3.4k +3,393
94 Eldridge Investment Advisors, Inc. 0.13% of their portfolio MANCHESTER, NH 8,2218.2k $635.4k $635.4k 0.13% Added +2.7k +2,676
95 GatePass Capital, LLC 0.24% of their portfolio INDEPENDENCE, OH 8,0268.0k $622.6k $622.6k 0.24% New
96 Bridgewealth Advisory Group, LLC 0.11% of their portfolio Fresno, CA 7,7547.8k $601.5k $601.5k 0.11% Added +3.9k +3,875
97 Embree Financial Group 0.06% of their portfolio Chicago, IL 7,6817.7k $595.9k $595.9k 0.06% Added +1.4k +1,363
98 RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC 0.17% of their portfolio HILLSDALE, NY 7,5167.5k $583.1k $583.1k 0.17% Unchanged
99 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 7,1007.1k $550.8k $550.8k 0.01% Added +4.3k +4,257
100 Breakwater Capital Group 0.07% of their portfolio PARAMUS, NJ 7,0947.1k $550.3k $550.3k 0.07% Added +483 +483