Vault-13

VANGUARD SCOTTSDALE FDS VMBS

MTG-BKD SECS ETF · ETP · CUSIP 92206C771

581 institutional holders +42 vs Q3 2023
371,122,314371.1m shares reported held*
$17.2bnreported value*
64 new 229 added 185 reduced 53 sold out net bought ≈ $1.8bn (+38.7m 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 ($690.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.33. Options: 3 managers hold calls ($2.2m notional), 2 hold puts ($1.1m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 503Q4 22: 527Q1 23: 517Q2 23: 540Q3 23: 539Q4 23: 581581Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022503
Q4 2022527
Q1 2023517
Q2 2023540
Q3 2023539
Q4 2023581

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 236 bought or addedQ4 22: 248 cut or sold outQ4 22Q1 23: 283 bought or addedQ1 23: 226 cut or sold outQ1 23Q2 23: 285 bought or addedQ2 23: 217 cut or sold outQ2 23Q3 23: 290 bought or addedQ3 23: 229 cut or sold outQ3 23Q4 23: 293 bought or addedQ4 23: 238 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022236248
Q1 2023283226
Q2 2023285217
Q3 2023290229
Q4 2023293238

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ1 23 calls: $1.0mQ1 23 puts: $1.4mQ1 23P/C 1.39Q2 23 calls: $791.0kQ2 23 puts: $584.1kQ2 23P/C 0.74Q3 23 calls: $1.9mQ3 23 puts: $2.2mQ3 23P/C 1.12Q4 23 calls: $2.2mQ4 23 puts: $1.1mQ4 23P/C 0.49
Numbers
QuarterCallsPutsP/C
Q1 2023$1.0m$1.4m1.39
Q2 2023$791.0k$584.1k0.74
Q3 2023$1.9m$2.2m1.12
Q4 2023$2.2m$1.1m0.49

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +17,138,295+17.1m
JPMORGAN CHASE & CO Added +10,268,251+10.3m
MORGAN STANLEY Added +5,583,493+5.6m
Morningstar Investment Services LLC Added +3,531,000+3.5m
ENVESTNET ASSET MANAGEMENT INC Added +1,138,921+1.1m
TD PRIVATE CLIENT WEALTH LLC Added +841,522+841.5k
SYON CAPITAL LLC New +611,330+611.3k
VICTORY CAPITAL MANAGEMENT INC Added +610,385+610.4k
AMERIPRISE FINANCIAL INC Added +373,336+373.3k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +255,880+255.9k

Biggest sellers

CANTOR FITZGERALD, L. P. Sold out -1,341,552-1.3m
OSAIC HOLDINGS, INC. Reduced -978,239-978.2k
True Link Financial Advisors, LLC Reduced -673,519-673.5k
Northland Capital Management LLC Reduced -282,521-282.5k
DARK FOREST CAPITAL MANAGEMENT LP Sold out -264,954-265.0k
WELLS FARGO & COMPANY/MN Reduced -253,045-253.0k
JANE STREET GROUP, LLC Sold out -182,658-182.7k
FIDUCIENT ADVISORS LLC Sold out -163,168-163.2k
RWA WEALTH PARTNERS, LLC Reduced -161,678-161.7k
Park Avenue Institutional Advisers LLC Reduced -125,500-125.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Unchanged $2.1m44.4k shares
CITADEL ADVISORS LLC Added $97.4k2.1k shares
Cutler Group LLC / CA New $0200 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $839.1k18.1k shares
WOLVERINE TRADING, LLC Reduced $213.3k4.6k shares

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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Charles Schwab Investment Advisory, Inc. 8.80% of their portfolio SAN FRANCISCO, CA 132,139,119132.1m $6.1bn $6.1bn 8.80% Added +106.3k +106,256
2 BANK OF AMERICA CORP /DE/ 0.39% of their portfolio CHARLOTTE, NC 74,184,41574.2m $3.4bn $3.4bn 0.39% Added +17.1m +17,138,295
3 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 20,735,12020.7m $961.3m $961.3m 0.05% Added +10.3m +10,268,251
4 ENVESTNET ASSET MANAGEMENT INC 0.34% of their portfolio Berwyn, PA 17,498,48717.5m $811.2m $811.2m 0.34% Added +1.1m +1,138,921
5 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 8,403,8668.4m $389.6m $389.6m 0.02% Added +5.6m +5,583,493
6 Bank of New York Mellon Corp 0.07% of their portfolio NEW YORK, NY 7,833,1207.8m $363.1m $363.1m 0.07% Added +38.4k +38,428
7 ASSETMARK, INC 1.06% of their portfolio CONCORD, CA 6,303,9276.3m $292.3m $292.3m 1.06% Added +110.7k +110,739
8 Morningstar Investment Services LLC 1.38% of their portfolio CHICAGO, IL 5,292,6005.3m $245.6m $245.6m 1.38% Added +3.5m +3,531,000
9 STIFEL FINANCIAL CORP 0.29% of their portfolio ST. LOUIS, MO 4,902,6584.9m $227.3m $227.3m 0.29% Reduced -736 -736
10 LPL Financial LLC 0.13% of their portfolio FORT MILL, SC 4,652,6604.7m $215.7m $215.7m 0.13% Added +236.5k +236,538
11 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 4,294,0964.3m $199.1m $199.1m 0.06% Added +373.3k +373,336
12 Envestnet Portfolio Solutions, Inc. 0.69% of their portfolio BERWYN, PA 3,564,1443.6m $165.2m $165.2m 0.69% Reduced -28.1k -28,143
13 MATHER GROUP, LLC. 2.30% of their portfolio CHICAGO, IL 3,155,4593.2m $146.3m $146.3m 2.30% Added +133.7k +133,685
14 LINCOLN NATIONAL CORP 2.47% of their portfolio RADNOR, PA 3,028,2613.0m $140.4m $140.4m 2.47% Added +76.2k +76,150
15 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 2,928,6432.9m $135.8m $135.8m 0.03% Reduced -114.5k -114,467
16 AE Wealth Management LLC 0.54% of their portfolio TOPEKA, KS 2,319,7432.3m $106.0m $106.0m 0.54% Added +57.4k +57,396
17 KEYBANK NATIONAL ASSOCIATION/OH 0.47% of their portfolio BROOKLYN, OH 2,275,3212.3m $105.5m $105.5m 0.47% Added +7.6k +7,629
18 TD PRIVATE CLIENT WEALTH LLC 3.52% of their portfolio NEW YORK, NY 2,101,8142.1m $97.4m $97.4m 3.52% Added +841.5k +841,522
19 OSAIC HOLDINGS, INC. 0.16% of their portfolio SCOTTSDALE, AZ 1,918,0591.9m $89.0m $89.0m 0.16% Reduced -978.2k -978,239
20 RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio ST PETERSBURG, FL 1,584,5431.6m $73.5m $73.5m 0.05% Added +67.5k +67,453
21 Relative Value Partners Group, LLC 3.93% of their portfolio NORTHBROOK, IL 1,386,9011.4m $64.3m $64.3m 3.93% Added +165.1k +165,129
22 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,372,7281.4m $63.6m $63.6m 0.02% Reduced -253.0k -253,045
23 Financial Engines Advisors L.L.C. 0.15% of their portfolio SANTA CLARA, CA 1,356,4401.4m $62.9m $62.9m 0.15% Added +14.6k +14,646
24 Acropolis Investment Management, LLC 4.37% of their portfolio ST. LOUIS, MO 1,351,7111.4m $62.7m $62.7m 4.37% Added +25.8k +25,788
25 Hamilton Capital, LLC 4.77% of their portfolio COLUMBUS, OH 1,282,4901.3m $59.5m $59.5m 4.77% Added +66.8k +66,821
26 VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio San Antonio, TX 1,255,7321.3m $58.2m $58.2m 0.06% Added +610.4k +610,385
27 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,216,3941.2m $56.4m $56.4m 0.01% Added +29.3k +29,342
28 Cambridge Investment Research Advisors, Inc. 0.24% of their portfolio FAIRFIELD, IA 1,216,1681.2m $56.4m $56.4m 0.24% Reduced -43.4k -43,392
29 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,190,8421.2m $55.2m $55.2m 0.02% Reduced -47.8k -47,758
30 BANK OF HAWAII 2.83% of their portfolio HONOLULU, HI 1,140,1921.1m $52.9m $52.9m 2.83% Added +71.8k +71,766
31 Valmark Advisers, Inc. 0.97% of their portfolio AKRON, OH 1,120,1751.1m $51.9m $51.9m 0.97% Added +959 +959
32 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.15% of their portfolio PLYMOUTH, MN 1,109,1231.1m $51.4m $51.4m 0.15% Added +255.9k +255,880
33 Ally Invest Advisors Inc. 5.08% of their portfolio CHARLOTTE, NC 1,028,1651.0m $47.7m $47.7m 5.08% Reduced -6.3k -6,293
34 Executive Wealth Management, LLC 4.01% of their portfolio BRIGHTON, MI 919,044919.0k $42.6m $42.6m 4.01% Reduced -25.1k -25,129
35 Financial Gravity Asset Management, Inc. 0.27% of their portfolio Lakeway, TX 888,553888.6k $24.1m $24.1m 0.27% Added +121.2k +121,179
36 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 3.00% of their portfolio NEW YORK, NY 837,250837.2k $38.8m $38.8m 3.00% First filing
37 Bell Investment Advisors, Inc 7.95% of their portfolio ORINDA, CA 836,135836.1k $38.8m $38.8m 7.95% Added +4.5k +4,457
38 Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio TOKYO, M0 831,000831.0k $38.5m $38.5m 0.07% Added +6.0k +6,000
39 Allspring Global Investments Holdings, LLC 0.06% of their portfolio CHARLOTTE, NC 802,224802.2k $37.2m $37.2m 0.06% Unchanged
40 1832 Asset Management L.P. 0.07% of their portfolio TORONTO, A6 765,154765.2k $35.5m $35.5m 0.07% Added +14.6k +14,636
41 Janney Montgomery Scott LLC 0.11% of their portfolio PHILADELPHIA, PA 722,204722.2k $33.5m $33.5m 0.11% Added +102.1k +102,135
42 Vectors Research Management, LLC 5.06% of their portfolio New York, NY 719,191719.2k $18.0m $18.0m 5.06% Added +248.5k +248,496
43 Atria Investments, Inc 0.47% of their portfolio Charlotte, NC 660,076660.1k $30.6m $30.6m 0.47% Reduced -65.0k -64,974
44 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 649,076649.1k $30.1m $30.1m 0.05% Added +12.8k +12,811
45 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 628,251628.3k $29.1m $29.1m 0.05% Reduced -14.4k -14,419
46 Bartlett & Co. LLC 0.47% of their portfolio CINCINNATI, OH 627,716627.7k $29.1m $29.1m 0.47% Reduced -45.0k -45,041
47 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.47% of their portfolio CINCINNATI, OH 627,716627.7k $29.1m $29.1m 0.47% Reduced -45.0k -45,041
48 SYON CAPITAL LLC 1.19% of their portfolio SAN FRANCISCO, CA 611,330611.3k $28.3m $28.3m 1.19% New
49 First Financial Bankshares Inc 0.67% of their portfolio Abilene, TX 597,840597.8k $27.7m $27.7m 0.67% First filing
50 Allworth Financial LP 0.21% of their portfolio FOLSOM, CA 582,513582.5k $27.0m $27.0m 0.21% Reduced -75.5k -75,549
51 Advisory Alpha, LLC 1.20% of their portfolio HOLLAND, MI 562,664562.7k $26.1m $26.1m 1.20% Reduced -3.5k -3,518
52 American Trust 1.88% of their portfolio LEXINGTON, KY 549,523549.5k $25.5m $25.5m 1.88% Reduced -55.5k -55,452
53 Orion Porfolio Solutions, LLC 0.29% of their portfolio OMAHA, NE 547,923547.9k $25.2m $25.2m 0.29% Added +21.5k +21,468
54 Orion Portfolio Solutions, LLC 0.29% of their portfolio Omaha, NE 547,923547.9k $25.2m $25.2m 0.29% Added +21.5k +21,468
55 Connecticut Wealth Management, LLC 1.42% of their portfolio FARMINGTON, CT 533,491533.5k $24.7m $24.7m 1.42% Added +204.9k +204,934
56 MA Private Wealth 5.17% of their portfolio SAN CARLOS, CA 523,207523.2k $24.3m $24.3m 5.17% Added +20.4k +20,402
57 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 490,968491.0k $22.8m $22.8m 0.04% Reduced -59.8k -59,824
58 MERCER GLOBAL ADVISORS INC /ADV 0.07% of their portfolio DENVER, CO 488,924488.9k $22.7m $22.7m 0.07% Reduced -1.9k -1,902
59 Sequoia Financial Advisors, LLC 0.28% of their portfolio Akron, OH 484,162484.2k $22.4m $22.4m 0.28% Added +46.7k +46,727
60 Evergreen Advisors, LLC 7.28% of their portfolio CHATTANOOGA, TN 484,030484.0k $22.4m $22.4m 7.28% Added +4.2k +4,173
61 Manning & Napier Group, LLC 0.26% of their portfolio Fairport, NY 474,314474.3k $22.0m $22.0m 0.26% Added +4.0k +4,022
62 ST GERMAIN D J CO INC 1.14% of their portfolio SPRINGFIELD, MA 472,908472.9k $21.9m $21.9m 1.14% Added +177.1k +177,143
63 Zurich Insurance Group Ltd/FI 0.22% of their portfolio ZURICH, V8 467,648467.6k $21.7m $21.7m 0.22% Unchanged
64 US BANCORP \DE\ 0.03% of their portfolio MINNEAPOLIS, MN 467,261467.3k $21.7m $21.7m 0.03% Reduced -17.4k -17,354
65 Pallas Capital Advisors LLC 1.14% of their portfolio BRAINTREE, MA 460,795460.8k $21.4m $21.4m 1.14% Added +70.8k +70,816
66 COURIER CAPITAL LLC 1.62% of their portfolio BUFFALO, NY 460,252460.3k $21.3m $21.3m 1.62% Added +11.3k +11,335
67 Parkside Advisors LLC 5.86% of their portfolio BERKELEY, CA 456,171456.2k $21.1m $21.1m 5.86% Reduced -88.7k -88,679
68 Quantum Financial Advisors, LLC 5.04% of their portfolio SANTA MONICA, CA 445,462445.5k $20.7m $20.7m 5.04% Added +231.6k +231,603
69 Cetera Investment Advisers 0.17% of their portfolio SCHAUMBURG, IL 441,589441.6k $20.5m $20.5m 0.17% Reduced -48.7k -48,701
70 MML INVESTORS SERVICES, LLC 0.09% of their portfolio SPRINGFIELD, MA 428,265428.3k $19.9m $19.9m 0.09% Added +78.0k +77,967
71 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 423,540423.5k $19.6m $19.6m 0.00% Added +17.4k +17,394
72 Atria Wealth Solutions, Inc. 0.23% of their portfolio NEW YORK, NY 392,944392.9k $18.2m $18.2m 0.23% Added +16.3k +16,280
73 Northland Capital Management LLC 11.64% of their portfolio VIRGINIA, MN 375,481375.5k $17.4m $17.4m 11.64% Reduced -282.5k -282,521
74 EVERGREEN CAPITAL MANAGEMENT LLC 0.67% of their portfolio Bellevue, WA 351,371351.4k $16.3m $16.3m 0.67% Added +9.4k +9,392
75 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 337,143337.1k $15.6m $15.6m 0.05% Added +48.8k +48,841
76 RKL Wealth Management LLC 1.68% of their portfolio LANCASTER, PA 336,106336.1k $15.6m $15.6m 1.68% Reduced -6.7k -6,668
77 Jaffetilchin Investment Partners, LLC 1.49% of their portfolio TAMPA, FL 329,892329.9k $15.3m $15.3m 1.49% Reduced -60.5k -60,531
78 PROFFITT & GOODSON INC 2.64% of their portfolio KNOXVILLE, TN 303,709303.7k $14.1m $14.1m 2.64% Added +7.5k +7,531
79 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 298,478298.5k $13.8m $13.8m 0.02% Added +9.1k +9,141
80 Windward Private Wealth Management Inc. 5.79% of their portfolio OVERLAND PARK, KS 297,873297.9k $13.8m $13.8m 5.79% Reduced -93.0k -92,973
81 Whitcomb & Hess, Inc. 4.73% of their portfolio ASHLAND, OH 296,695296.7k $13.8m $13.8m 4.73% Reduced -6.5k -6,509
82 Money Design Co.,Ltd. 0.77% of their portfolio TOKYO, M0 295,785295.8k $13.7m $13.7m 0.77% Reduced -32.3k -32,267
83 Park Avenue Institutional Advisers LLC 48.93% of their portfolio New York, NY 295,500295.5k $13.7m $13.7m 48.93% Reduced -125.5k -125,500
84 Composition Wealth, LLC 0.37% of their portfolio LOS ANGELES, CA 289,423289.4k $13.4m $13.4m 0.37% Added +22.9k +22,906
85 Brookstone Capital Management 0.26% of their portfolio WHEATON, IL 288,000288.0k $13.4m $13.4m 0.26% Reduced -17.8k -17,788
86 OneAscent Financial Services LLC 1.63% of their portfolio BIRMINGHAM, AL 283,666283.7k $13.2m $13.2m 1.63% Added +21.6k +21,578
87 Advanced Asset Management Advisors Inc 3.12% of their portfolio DUBLIN, OH 283,000283.0k $13.1m $13.1m 3.12% Unchanged
88 STALEY CAPITAL ADVISERS INC 0.63% of their portfolio PITTSBURGH, PA 275,050275.1k $12.8m $12.8m 0.63% Added +34.0k +33,950
89 United Asset Strategies, Inc. 1.43% of their portfolio GARDEN CITY, NY 274,313274.3k $12.7m $12.7m 1.43% Added +68.2k +68,198
90 CreativeOne Wealth, LLC 0.80% of their portfolio OVERLAND PARK, KS 270,400270.4k $12.5m $12.5m 0.80% Added +7.2k +7,234
91 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 269,532269.5k $12.5m $12.5m 0.02% Added +16.1k +16,146
92 Robinswood Financial LLC 5.24% of their portfolio KIRKLAND, WA 261,434261.4k $12.1m $12.1m 5.24% Added +6.0k +6,017
93 PRUDENTIAL FINANCIAL INC 0.02% of their portfolio NEWARK, NJ 259,489259.5k $12.0m $12.0m 0.02% Added +33.8k +33,787
94 PARK AVENUE SECURITIES LLC 0.16% of their portfolio NEW YORK, NY 256,370256.4k $11.9m $11.9m 0.16% Reduced -12.9k -12,877
95 AlTi Global, Inc. 0.36% of their portfolio NEW YORK, NY 256,239256.2k $11.9m $11.9m 0.36% First filing
96 BlackRock Inc. 0.00% of their portfolio New York, NY 254,270254.3k $11.8m $11.8m 0.00% Added +110.3k +110,332
97 Family CFO Inc 7.28% of their portfolio LOS ALTOS, CA 243,567243.6k $11.3m $11.3m 7.28% Reduced -51.5k -51,461
98 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 220,009220.0k $10.2m $10.2m 0.01% Added +116.1k +116,142
99 Betterment LLC 0.03% of their portfolio NEW YORK, NY 219,334219.3k $10.2m $10.2m 0.03% Reduced -9.5k -9,533
100 OBSIDIAN CIO, LLC 2.74% of their portfolio NEW YORK, NY 215,301215.3k $10.0m $10.0m 2.74% Added +11.1k +11,113