Vault-13

VANGUARD SCOTTSDALE FDS VMBS

MTG-BKD SECS ETF · ETP · CUSIP 92206C771

623 institutional holders -11 vs Q4 2024
375,589,793375.6m shares reported held*
$17.4bnreported value*
57 new 261 added 215 reduced 60 sold out net sold ≈ $908.1m (-19.7m 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 ($17.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.32. Options: 1 managers hold calls ($4.6k notional), 3 hold puts ($527.9k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 503Q4 22: 527Q1 23: 517Q2 23: 540Q3 23: 539Q4 23: 581Q1 24: 581Q2 24: 590Q3 24: 595Q4 24: 634Q1 25: 623623Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022503
Q4 2022527
Q1 2023517
Q2 2023540
Q3 2023539
Q4 2023581
Q1 2024581
Q2 2024590
Q3 2024595
Q4 2024634
Q1 2025623

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 285 bought or addedQ2 23: 217 cut or sold outQ3 23: 290 bought or addedQ3 23: 229 cut or sold outQ3 23Q4 23: 293 bought or addedQ4 23: 238 cut or sold outQ1 24: 321 bought or addedQ1 24: 227 cut or sold outQ1 24Q2 24: 315 bought or addedQ2 24: 250 cut or sold outQ3 24: 344 bought or addedQ3 24: 239 cut or sold outQ3 24Q4 24: 348 bought or addedQ4 24: 229 cut or sold outQ1 25: 318 bought or addedQ1 25: 275 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023285217
Q3 2023290229
Q4 2023293238
Q1 2024321227
Q2 2024315250
Q3 2024344239
Q4 2024348229
Q1 2025318275

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ2 24 calls: $13.6kQ2 24 puts: $853.5kQ2 24P/C 62.67Q3 24 calls: $42.5kQ3 24 puts: $3.8mQ3 24P/C 89.17Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $4.6kQ1 25 puts: $527.9kQ1 25P/C 114.00
Numbers
QuarterCallsPutsP/C
Q2 2024$13.6k$853.5k62.67
Q3 2024$42.5k$3.8m89.17
Q4 2024$0$0—
Q1 2025$4.6k$527.9k114.00

Biggest buyers

JPMORGAN CHASE & CO Added +2,196,520+2.2m
RAYMOND JAMES FINANCIAL INC Added +1,107,390+1.1m
ENVESTNET ASSET MANAGEMENT INC Added +1,000,394+1.0m
Kestra Investment Management, LLC Added +923,387+923.4k
Garde Capital, Inc. New +632,629+632.6k
Orion Portfolio Solutions, LLC Added +581,926+581.9k
SOFI WEALTH, LLC Added +535,827+535.8k
Connecticut Wealth Management, LLC New +434,975+435.0k
Clearstead Advisors, LLC Added +309,289+309.3k
TD PRIVATE CLIENT WEALTH LLC Added +305,666+305.7k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -20,667,626-20.7m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -4,915,918-4.9m
Essential Planning, LLC. Reduced -1,643,611-1.6m
Advisory Alpha, LLC Reduced -998,798-998.8k
GOLDMAN SACHS GROUP INC Reduced -544,926-544.9k
Pallas Capital Advisors LLC Reduced -506,824-506.8k
EVERGREEN CAPITAL MANAGEMENT LLC Reduced -436,353-436.4k
Financial Engines Advisors L.L.C. Reduced -422,758-422.8k
OSAIC HOLDINGS, INC. Reduced -324,148-324.1k
Morningstar Investment Services LLC Reduced -282,801-282.8k

Biggest calls

CITADEL ADVISORS LLC New $4.6k100 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $273.2k5.9k shares
CITADEL ADVISORS LLC New $254.7k5.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.96% of their portfolio SAN FRANCISCO, CA 110,368,157110.4m $5.1bn $5.1bn 0.96% Reduced -4.9m -4,915,918
2 BANK OF AMERICA CORP /DE/ 0.22% of their portfolio CHARLOTTE, NC 52,506,79552.5m $2.4bn $2.4bn 0.22% Reduced -20.7m -20,667,626
3 JPMORGAN CHASE & CO 0.17% of their portfolio NEW YORK, NY 48,706,89448.7m $2.3bn $2.3bn 0.17% Added +2.2m +2,196,520
4 ENVESTNET ASSET MANAGEMENT INC 0.31% of their portfolio Berwyn, PA 20,860,25120.9m $966.0m $966.0m 0.31% Added +1.0m +1,000,394
5 Bank of New York Mellon Corp 0.09% of their portfolio NEW YORK, NY 10,050,68910.1m $465.4m $465.4m 0.09% Reduced -242.1k -242,094
6 ASSETMARK, INC 1.05% of their portfolio CONCORD, CA 8,292,9888.3m $384.0m $384.0m 1.05% Added +177.0k +176,997
7 WELLS FARGO & COMPANY/MN 0.08% of their portfolio SAN FRANCISCO, CA 7,013,8127.0m $324.8m $324.8m 0.08% Reduced -43.3k -43,302
8 LPL Financial LLC 0.11% of their portfolio FORT MILL, SC 5,915,8535.9m $274.0m $274.0m 0.11% Reduced -131.7k -131,650
9 STIFEL FINANCIAL CORP 0.29% of their portfolio ST. LOUIS, MO 5,879,2335.9m $272.3m $272.3m 0.29% Added +215.2k +215,219
10 RAYMOND JAMES FINANCIAL INC 0.10% of their portfolio ST. PETERSBURG, FL 5,517,3805.5m $255.5m $255.5m 0.10% Added +1.1m +1,107,390
11 AMERIPRISE FINANCIAL INC 0.07% of their portfolio MINNEAPOLIS, MN 5,292,8925.3m $245.1m $245.1m 0.07% Added +180.2k +180,207
12 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 4,537,5644.5m $210.1m $210.1m 0.02% Added +175.3k +175,253
13 TD PRIVATE CLIENT WEALTH LLC 5.00% of their portfolio NEW YORK, NY 3,923,4593.9m $181.7m $181.7m 5.00% Added +305.7k +305,666
14 Envestnet Portfolio Solutions, Inc. 0.68% of their portfolio BERWYN, PA 3,857,2413.9m $178.6m $178.6m 0.68% Reduced -40.8k -40,763
15 LINCOLN NATIONAL CORP 5.22% of their portfolio RADNOR, PA 3,500,9193.5m $162.1m $162.1m 5.22% Added +44.0k +44,009
16 Morningstar Investment Management LLC 10.26% of their portfolio CHICAGO, IL 2,603,1652.6m $120.6m $120.6m 10.26% Added +38.2k +38,192
17 NorthCoast Asset Management LLC 0.53% of their portfolio STAMFORD, CT 2,260,8582.3m $104.7m $104.7m 0.53% Added +146.6k +146,557
18 KEYBANK NATIONAL ASSOCIATION/OH 0.41% of their portfolio BROOKLYN, OH 2,221,6402.2m $102.9m $102.9m 0.41% Reduced -74.8k -74,783
19 Clearstead Advisors, LLC 1.32% of their portfolio CLEVELAND, OH 1,831,6221.8m $84.8m $84.8m 1.32% Added +309.3k +309,289
20 Kestra Investment Management, LLC 1.36% of their portfolio AUSTIN, TX 1,698,9281.7m $78.6m $78.6m 1.36% Added +923.4k +923,387
21 Acropolis Investment Management, LLC 4.47% of their portfolio ST. LOUIS, MO 1,627,3071.6m $75.4m $75.4m 4.47% Added +27.5k +27,543
22 CASTLEARK MANAGEMENT LLC 2.58% of their portfolio CHICAGO, IL 1,609,0801.6m $74.5m $74.5m 2.58% Unchanged
23 Financial Engines Advisors L.L.C. 0.16% of their portfolio SANTA CLARA, CA 1,594,4141.6m $73.8m $73.8m 0.16% Reduced -422.8k -422,758
24 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,546,1521.5m $71.6m $71.6m 0.02% Added +93.8k +93,758
25 Valmark Advisers, Inc. 0.97% of their portfolio AKRON, OH 1,394,0521.4m $64.6m $64.6m 0.97% Added +40.1k +40,122
26 First Interstate Bank 3.37% of their portfolio Billings, MT 1,218,7191.2m $56.4m $56.4m 3.37% Added +109.9k +109,856
27 Ally Invest Advisors Inc. 4.79% of their portfolio CHARLOTTE, NC 1,206,8601.2m $55.9m $55.9m 4.79% Added +23.3k +23,256
28 Cambridge Investment Research Advisors, Inc. 0.19% of their portfolio FAIRFIELD, IA 1,184,1561.2m $54.8m $54.8m 0.19% Reduced -35.1k -35,124
29 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.10% of their portfolio PLYMOUTH, MN 1,168,7971.2m $54.1m $54.1m 0.10% Added +46.4k +46,446
30 Orion Portfolio Solutions, LLC 0.25% of their portfolio Omaha, NE 1,110,4481.1m $50.9m $50.9m 0.25% Added +581.9k +581,926
31 Cetera Investment Advisers 0.09% of their portfolio SCHAUMBURG, IL 1,009,6561.0m $46.8m $46.8m 0.09% Added +168.1k +168,067
32 BANK OF HAWAII 2.59% of their portfolio HONOLULU, HI 972,083972.1k $45.0m $45.0m 2.59% Added +33.9k +33,919
33 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 943,031943.0k $43.7m $43.7m 0.04% Reduced -11.1k -11,058
34 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 940,628940.6k $43.6m $43.6m 0.06% Added +102.7k +102,732
35 Bell Investment Advisors, Inc 7.82% of their portfolio ORINDA, CA 913,358913.4k $42.3m $42.3m 7.82% Added +26.1k +26,110
36 AE Wealth Management LLC 0.35% of their portfolio TOPEKA, KS 894,980895.0k $41.4m $41.4m 0.35% Reduced -56.5k -56,478
37 First Financial Bankshares Inc 0.89% of their portfolio Abilene, TX 890,813890.8k $41.3m $41.3m 0.89% Added +30.2k +30,162
38 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 870,000870.0k $40.3m $40.3m 0.02% Added +90.0k +90,000
39 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 2.92% of their portfolio NEW YORK, NY 866,352866.4k $40.1m $40.1m 2.92% Added +47.4k +47,403
40 BlueStem Wealth Partners, LLC 5.18% of their portfolio MINNETONKA, MN 820,982821.0k $38.0m $38.0m 5.18% Added +205.5k +205,520
41 Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio TOKYO, M0 818,800818.8k $37.9m $37.9m 0.03% Added +12.1k +12,100
42 Janney Montgomery Scott LLC 0.11% of their portfolio PHILADELPHIA, PA 816,552816.6k $37.8m $37.8m 0.11% Added +29.7k +29,727
43 UBS Group AG 0.01% of their portfolio ZURICH, V8 776,844776.8k $36.0m $36.0m 0.01% Reduced -96.0k -96,034
44 1832 Asset Management L.P. 0.07% of their portfolio TORONTO, A6 740,695740.7k $34.3m $34.3m 0.07% Reduced -14.2k -14,168
45 Evergreen Advisors, LLC 8.28% of their portfolio CHATTANOOGA, TN 644,467644.5k $29.8m $29.8m 8.28% Added +9.9k +9,857
46 Garde Capital, Inc. 1.68% of their portfolio SEATTLE, WA 632,629632.6k $29.3m $29.3m 1.68% New
47 POWER WEALTH MANAGEMENT LLC 11.43% of their portfolio ALPHARETTA, GA 609,976610.0k $28.2m $28.2m 11.43% Added +72.2k +72,177
48 MA Private Wealth 5.17% of their portfolio SAN CARLOS, CA 593,385593.4k $27.5m $27.5m 5.17% Added +3.0k +3,044
49 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.40% of their portfolio CINCINNATI, OH 591,635591.6k $27.4m $27.4m 0.40% Added +49.0k +49,018
50 Orion Porfolio Solutions, LLC 0.26% of their portfolio OMAHA, NE 581,926581.9k $26.9m $26.9m 0.26% Added +53.4k +53,404
51 Parkside Advisors LLC 6.36% of their portfolio BERKELEY, CA 570,439570.4k $26.4m $26.4m 6.36% Added +13.5k +13,534
52 SOFI WEALTH, LLC 1.90% of their portfolio SAN FRANCISCO, CA 545,827545.8k $25.3m $25.3m 1.90% Added +535.8k +535,827
53 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 534,622534.6k $24.8m $24.8m 0.04% Added +16.6k +16,648
54 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 528,886528.9k $24.5m $24.5m 0.08% Reduced -13.8k -13,846
55 Merit Financial Group, LLC 0.37% of their portfolio ALPHARETTA, GA 527,883527.9k $24.4m $24.4m 0.37% Added +152.4k +152,405
56 1607 Capital Partners, LLC 1.90% of their portfolio Richmond, VA 508,455508.5k $23.5m $23.5m 1.90% Added +93.4k +93,400
57 Intelligence Driven Advisers, LLC 4.53% of their portfolio CARLSBAD, CA 508,149508.1k $23.5m $23.5m 4.53% Reduced -24.1k -24,084
58 MANNING & NAPIER ADVISORS LLC 0.28% of their portfolio Fairport, NY 483,774483.8k $22.4m $22.4m 0.28% Reduced -3.5k -3,549
59 US BANCORP \DE\ 0.03% of their portfolio MINNEAPOLIS, MN 481,620481.6k $22.3m $22.3m 0.03% Added +12.1k +12,115
60 ST GERMAIN D J CO INC 1.05% of their portfolio SPRINGFIELD, MA 480,930480.9k $22.3m $22.3m 1.05% Added +222 +222
61 Atria Wealth Solutions, Inc. 0.26% of their portfolio NEW YORK, NY 468,971469.0k $21.7m $21.7m 0.26% Reduced -6.0k -6,012
62 Zurich Insurance Group Ltd/FI 0.18% of their portfolio ZURICH, V8 467,648467.6k $21.7m $21.7m 0.18% Unchanged
63 Bell Bank 1.16% of their portfolio FARGO, ND 462,997463.0k $21.4m $21.4m 1.16% Added +226.4k +226,388
64 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 451,084451.1k $20.9m $20.9m 0.05% Reduced -324.1k -324,148
65 Connecticut Wealth Management, LLC 1.05% of their portfolio FARMINGTON, CT 434,975435.0k $20.1m $20.1m 1.05% New
66 HBK Sorce Advisory LLC 0.56% of their portfolio ERIE, PA 411,565411.6k $19.1m $19.1m 0.56% Reduced -87.2k -87,190
67 Jaffetilchin Investment Partners, LLC 1.36% of their portfolio TAMPA, FL 405,090405.1k $18.8m $18.8m 1.36% Reduced -38.5k -38,547
68 Allworth Financial LP 0.10% of their portfolio FOLSOM, CA 394,987395.0k $18.1m $18.1m 0.10% Reduced -29.0k -28,993
69 Pathstone Holdings, LLC 0.08% of their portfolio ENGLEWOOD, NJ 390,261390.3k $18.1m $18.1m 0.08% Added +199.0k +198,955
70 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 385,029385.0k $17.8m $17.8m 0.03% Added +38.5k +38,532
71 CAPITAL INSIGHT PARTNERS, LLC 3.06% of their portfolio SCOTTSDALE, AZ 378,170378.2k $17.5m $17.5m 3.06% Added +16.4k +16,447
72 PROFFITT & GOODSON INC 2.82% of their portfolio KNOXVILLE, TN 370,263370.3k $17.1m $17.1m 2.82% Added +58.0k +58,048
73 Quantum Financial Advisors, LLC 2.52% of their portfolio SANTA MONICA, CA 364,825364.8k $16.9m $16.9m 2.52% Added +17.8k +17,800
74 RKL Wealth Management LLC 1.54% of their portfolio LANCASTER, PA 353,531353.5k $16.4m $16.4m 1.54% Added +9.0k +9,024
75 COURIER CAPITAL LLC 1.06% of their portfolio BUFFALO, NY 349,085349.1k $16.2m $16.2m 1.06% Added +68.1k +68,069
76 CreativeOne Wealth, LLC 0.48% of their portfolio OVERLAND PARK, KS 343,783343.8k $15.9m $15.9m 0.48% Added +10.9k +10,912
77 United Asset Strategies, Inc. 1.46% of their portfolio GARDEN CITY, NY 339,582339.6k $15.7m $15.7m 1.46% Added +8.6k +8,583
78 Sanctuary Advisors, LLC 0.11% of their portfolio INDIANAPOLIS, IN 326,740326.7k $15.1m $15.1m 0.11% Reduced -10.2k -10,185
79 Whitcomb & Hess, Inc. 4.57% of their portfolio ASHLAND, OH 326,005326.0k $15.1m $15.1m 4.57% Added +2.0k +1,994
80 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 325,851325.9k $15.1m $15.1m 0.04% Added +9.2k +9,247
81 STALEY CAPITAL ADVISERS INC 0.68% of their portfolio PITTSBURGH, PA 323,700323.7k $15.0m $15.0m 0.68% Reduced -4.0k -4,000
82 Windward Private Wealth Management Inc. 5.80% of their portfolio OVERLAND PARK, KS 321,309321.3k $14.9m $14.9m 5.80% Added +4.6k +4,553
83 Private Advisor Group, LLC 0.09% of their portfolio MORRISTOWN, NJ 303,507303.5k $14.1m $14.1m 0.09% Added +53.4k +53,413
84 OBSIDIAN CIO, LLC 2.28% of their portfolio NEW YORK, NY 302,864302.9k $14.0m $14.0m 2.28% Added +18.0k +18,033
85 NewEdge Advisors, LLC 0.08% of their portfolio NEW ORLEANS, LA 302,552302.6k $14.0m $14.0m 0.08% Reduced -8.9k -8,942
86 Robinswood Financial LLC 5.15% of their portfolio KIRKLAND, WA 300,767300.8k $13.9m $13.9m 5.15% Added +16.6k +16,617
87 Vectors Research Management, LLC 4.83% of their portfolio New York, NY 298,221298.2k $13.8m $13.8m 4.83% Added +21.8k +21,774
88 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 291,156291.2k $13.5m $13.5m 0.00% Added +146.7k +146,695
89 Atria Investments, Inc 0.17% of their portfolio Charlotte, NC 289,193289.2k $13.4m $13.4m 0.17% Added +13.0k +13,031
90 First National Trust Co 0.53% of their portfolio Johnstown, PA 286,100286.1k $13.2m $13.2m 0.53% Added +26.0k +26,032
91 Money Design Co.,Ltd. 0.65% of their portfolio TOKYO, M0 282,711282.7k $13.1m $13.1m 0.65% Reduced -1.1k -1,053
92 Betterment LLC 0.03% of their portfolio NEW YORK, NY 282,478282.5k $13.1m $13.1m 0.03% Added +9.7k +9,719
93 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 268,994269.0k $12.5m $12.5m 0.02% Added +96.0k +96,037
94 Hamilton Capital, LLC 0.74% of their portfolio COLUMBUS, OH 264,874264.9k $12.3m $12.3m 0.74% Reduced -44.3k -44,286
95 Family CFO Inc 6.72% of their portfolio LOS ALTOS, CA 264,601264.6k $12.3m $12.3m 6.72% Added +2.6k +2,633
96 SeaBridge Investment Advisors LLC 2.61% of their portfolio SUMMIT, NJ 260,696260.7k $12.1m $12.1m 2.61% Added +68.7k +68,706
97 WEBSTERROGERS FINANCIAL ADVISORS, LLC 4.11% of their portfolio FLORENCE, SC 260,032260.0k $12.0m $12.0m 4.11% Added +61.8k +61,764
98 FLC Capital Advisors 2.69% of their portfolio PALM DESERT, CA 259,099259.1k $12.0m $12.0m 2.69% Added +14.9k +14,924
99 Clark Asset Management, LLC 2.01% of their portfolio STRATHAM, NH 258,422258.4k $12.0m $12.0m 2.01% Added +28.7k +28,674
100 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 250,773250.8k $11.6m $11.6m 0.03% Added +6.4k +6,398