Vault-13

VANGUARD SCOTTSDALE FDS VMBS

MTG-BKD SECS ETF · ETP · CUSIP 92206C771

631 institutional holders +8 vs Q1 2025
276,466,625276.5m shares reported held*
$12.8bnreported value*
65 new 263 added 206 reduced 64 sold out net sold ≈ $4.6bn (-98.2m 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 ($9.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.36. Options: 1 managers hold calls ($537.5k notional), 2 hold puts ($528.3k).

Trends to Q2 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: 623Q2 25: 631631Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025631

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 290 bought or addedQ3 23: 229 cut or sold outQ4 23: 293 bought or addedQ4 23: 238 cut or sold outQ4 23Q1 24: 321 bought or addedQ1 24: 227 cut or sold outQ2 24: 315 bought or addedQ2 24: 250 cut or sold outQ2 24Q3 24: 344 bought or addedQ3 24: 239 cut or sold outQ4 24: 348 bought or addedQ4 24: 229 cut or sold outQ4 24Q1 25: 318 bought or addedQ1 25: 275 cut or sold outQ2 25: 328 bought or addedQ2 25: 270 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023290229
Q4 2023293238
Q1 2024321227
Q2 2024315250
Q3 2024344239
Q4 2024348229
Q1 2025318275
Q2 2025328270

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 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 114.00Q2 25 calls: $537.5kQ2 25 puts: $528.3kQ2 25P/C 0.98
Numbers
QuarterCallsPutsP/C
Q3 2024$42.5k$3.8m89.17
Q4 2024$0$0—
Q1 2025$4.6k$527.9k114.00
Q2 2025$537.5k$528.3k0.98

Biggest buyers

MATHER GROUP, LLC. Added +6,364,981+6.4m
ROYAL BANK OF CANADA Added +1,606,600+1.6m
JPMORGAN CHASE & CO Added +964,005+964.0k
BANK OF AMERICA CORP /DE/ Added +643,509+643.5k
Rockefeller Capital Management L.P. Added +581,178+581.2k
OSAIC HOLDINGS, INC. Added +514,439+514.4k
Clearstead Advisors, LLC Added +344,171+344.2k
ASSETMARK, INC Added +321,293+321.3k
ENVESTNET ASSET MANAGEMENT INC Added +221,237+221.2k
TD PRIVATE CLIENT WEALTH LLC Added +217,904+217.9k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -107,072,356-107.1m
Morningstar Investment Management LLC Sold out -2,603,165-2.6m
AE Wealth Management LLC Reduced -855,280-855.3k
Atria Wealth Solutions, Inc. Reduced -334,905-334.9k
AMERIPRISE FINANCIAL INC Reduced -328,228-328.2k
Envestnet Portfolio Solutions, Inc. Reduced -310,337-310.3k
MA Private Wealth Reduced -284,094-284.1k
BlueStem Wealth Partners, LLC Reduced -274,301-274.3k
CITADEL ADVISORS LLC Sold out -248,622-248.6k
Kingdom Financial Group LLC. Sold out -224,907-224.9k

Biggest calls

CITADEL ADVISORS LLC Added $537.5k11.6k shares

Biggest puts

CITADEL ADVISORS LLC Added $528.3k11.4k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.20% of their portfolio CHARLOTTE, NC 53,150,30453.2m $2.5bn $2.5bn 0.20% Added +643.5k +643,509
2 JPMORGAN CHASE & CO 0.16% of their portfolio NEW YORK, NY 49,670,89949.7m $2.3bn $2.3bn 0.16% Added +964.0k +964,005
3 ENVESTNET ASSET MANAGEMENT INC 0.29% of their portfolio Berwyn, PA 21,081,48821.1m $976.9m $976.9m 0.29% Added +221.2k +221,237
4 Bank of New York Mellon Corp 0.09% of their portfolio NEW YORK, NY 10,082,46110.1m $467.2m $467.2m 0.09% Added +31.8k +31,772
5 ASSETMARK, INC 0.94% of their portfolio CONCORD, CA 8,614,2818.6m $399.2m $399.2m 0.94% Added +321.3k +321,293
6 WELLS FARGO & COMPANY/MN 0.07% of their portfolio SAN FRANCISCO, CA 7,171,7957.2m $332.3m $332.3m 0.07% Added +158.0k +157,983
7 MATHER GROUP, LLC. 3.20% of their portfolio CHICAGO, IL 6,470,8486.5m $299.9m $299.9m 3.20% Added +6.4m +6,364,981
8 LPL Financial LLC 0.09% of their portfolio FORT MILL, SC 6,104,8246.1m $282.9m $282.9m 0.09% Added +189.0k +188,971
9 STIFEL FINANCIAL CORP 0.26% of their portfolio ST. LOUIS, MO 5,854,6165.9m $271.3m $271.3m 0.26% Reduced -24.6k -24,617
10 RAYMOND JAMES FINANCIAL INC 0.09% of their portfolio ST. PETERSBURG, FL 5,688,7695.7m $263.6m $263.6m 0.09% Added +171.4k +171,389
11 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 4,964,6645.0m $230.1m $230.1m 0.06% Reduced -328.2k -328,228
12 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,598,2874.6m $213.1m $213.1m 0.01% Added +60.7k +60,723
13 TD PRIVATE CLIENT WEALTH LLC 4.71% of their portfolio NEW YORK, NY 4,141,3634.1m $191.9m $191.9m 4.71% Added +217.9k +217,904
14 Envestnet Portfolio Solutions, Inc. 0.60% of their portfolio BERWYN, PA 3,546,9043.5m $164.4m $164.4m 0.60% Reduced -310.3k -310,337
15 LINCOLN NATIONAL CORP 4.85% of their portfolio RADNOR, PA 3,452,2813.5m $160.0m $160.0m 4.85% Reduced -48.6k -48,638
16 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 3,295,8013.3m $152.7m $152.7m 0.03% Reduced -107.1m -107,072,356
17 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 3,152,7523.2m $146.1m $146.1m 0.01% Added +1.6m +1,606,600
18 NorthCoast Asset Management LLC 0.46% of their portfolio STAMFORD, CT 2,299,8572.3m $106.6m $106.6m 0.46% Added +39.0k +38,999
19 KEYBANK NATIONAL ASSOCIATION/OH 0.38% of their portfolio BROOKLYN, OH 2,177,5052.2m $100.9m $100.9m 0.38% Reduced -44.1k -44,135
20 Clearstead Advisors, LLC 1.42% of their portfolio CLEVELAND, OH 2,175,7932.2m $100.8m $100.8m 1.42% Added +344.2k +344,171
21 Kestra Investment Management, LLC 1.30% of their portfolio AUSTIN, TX 1,820,4961.8m $84.3m $84.3m 1.30% Added +121.6k +121,568
22 CASTLEARK MANAGEMENT LLC 2.38% of their portfolio CHICAGO, IL 1,705,5401.7m $79.0m $79.0m 2.38% Added +96.5k +96,460
23 Acropolis Investment Management, LLC 4.22% of their portfolio ST. LOUIS, MO 1,658,9731.7m $76.9m $76.9m 4.22% Added +31.7k +31,666
24 Financial Engines Advisors L.L.C. 0.14% of their portfolio SANTA CLARA, CA 1,491,0661.5m $69.1m $69.1m 0.14% Reduced -103.3k -103,348
25 Valmark Advisers, Inc. 0.93% of their portfolio AKRON, OH 1,442,8301.4m $66.9m $66.9m 0.93% Added +48.8k +48,778
26 First Interstate Bank 3.38% of their portfolio Billings, MT 1,242,7411.2m $57.6m $57.6m 3.38% Added +24.0k +24,022
27 Ally Invest Advisors Inc. 4.46% of their portfolio CHARLOTTE, NC 1,233,5091.2m $57.2m $57.2m 4.46% Added +26.6k +26,649
28 Cambridge Investment Research Advisors, Inc. 0.17% of their portfolio FAIRFIELD, IA 1,217,4571.2m $56.4m $56.4m 0.17% Added +33.3k +33,301
29 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.09% of their portfolio PLYMOUTH, MN 1,183,6121.2m $54.4m $54.4m 0.09% Added +14.8k +14,815
30 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 1,046,0641.0m $48.5m $48.5m 0.06% Added +105.4k +105,436
31 Cetera Investment Advisers 0.08% of their portfolio SCHAUMBURG, IL 1,015,0961.0m $47.0m $47.0m 0.08% Added +5.4k +5,440
32 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 990,000990.0k $45.9m $45.9m 0.02% Added +120.0k +120,000
33 BANK OF HAWAII 2.40% of their portfolio HONOLULU, HI 979,609979.6k $45.4m $45.4m 2.40% Added +7.5k +7,526
34 OSAIC HOLDINGS, INC. 0.08% of their portfolio SCOTTSDALE, AZ 965,523965.5k $44.8m $44.8m 0.08% Added +514.4k +514,439
35 Bell Investment Advisors, Inc 7.61% of their portfolio ORINDA, CA 954,655954.7k $44.2m $44.2m 7.61% Added +41.3k +41,297
36 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 943,050943.0k $43.7m $43.7m 0.03% Added +19 +19
37 First Financial Bankshares Inc 0.96% of their portfolio Abilene, TX 922,412922.4k $42.7m $42.7m 0.96% Added +31.6k +31,599
38 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 907,029907.0k $42.0m $42.0m 0.05% Added +581.2k +581,178
39 UBS Group AG 0.01% of their portfolio ZURICH, V8 873,142873.1k $40.5m $40.5m 0.01% Added +96.3k +96,298
40 CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 2.80% of their portfolio NEW YORK, NY 854,966855.0k $39.6m $39.6m 2.80% Reduced -11.4k -11,386
41 Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio TOKYO, M0 851,300851.3k $39.3m $39.3m 0.03% Added +32.5k +32,500
42 Janney Montgomery Scott LLC 0.10% of their portfolio PHILADELPHIA, PA 831,647831.6k $38.5m $38.5m 0.10% Added +15.1k +15,095
43 1832 Asset Management L.P. 0.06% of their portfolio TORONTO, A6 774,072774.1k $35.9m $35.9m 0.06% Added +33.4k +33,377
44 Garde Capital, Inc. 1.79% of their portfolio SEATTLE, WA 720,045720.0k $33.4m $33.4m 1.79% Added +87.4k +87,416
45 Evergreen Advisors, LLC 7.93% of their portfolio CHATTANOOGA, TN 645,774645.8k $29.9m $29.9m 7.93% Added +1.3k +1,307
46 Merit Financial Group, LLC 0.32% of their portfolio ALPHARETTA, GA 625,677625.7k $29.0m $29.0m 0.32% Added +97.8k +97,794
47 POWER WEALTH MANAGEMENT LLC 11.02% of their portfolio ALPHARETTA, GA 618,635618.6k $28.7m $28.7m 11.02% Added +8.7k +8,659
48 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.39% of their portfolio CINCINNATI, OH 607,738607.7k $28.2m $28.2m 0.39% Added +16.1k +16,103
49 Orion Porfolio Solutions, LLC 0.23% of their portfolio OMAHA, NE 588,237588.2k $27.3m $27.3m 0.23% Added +6.3k +6,311
50 MANNING & NAPIER ADVISORS LLC 0.32% of their portfolio Fairport, NY 583,484583.5k $27.0m $27.0m 0.32% Added +99.7k +99,710
51 Parkside Advisors LLC 5.93% of their portfolio BERKELEY, CA 582,759582.8k $27.0m $27.0m 5.93% Added +12.3k +12,320
52 SOFI WEALTH, LLC 1.64% of their portfolio SAN FRANCISCO, CA 579,898579.9k $26.9m $26.9m 1.64% Added +34.1k +34,071
53 BlueStem Wealth Partners, LLC 3.11% of their portfolio MINNETONKA, MN 546,681546.7k $25.3m $25.3m 3.11% Reduced -274.3k -274,301
54 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 539,151539.2k $25.0m $25.0m 0.04% Added +4.5k +4,529
55 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 506,832506.8k $23.5m $23.5m 0.07% Reduced -22.1k -22,054
56 Intelligence Driven Advisers, LLC 3.52% of their portfolio CARLSBAD, CA 503,251503.3k $23.3m $23.3m 3.52% Reduced -4.9k -4,898
57 1607 Capital Partners, LLC 1.84% of their portfolio Richmond, VA 490,655490.7k $22.7m $22.7m 1.84% Reduced -17.8k -17,800
58 Pathstone Holdings, LLC 0.09% of their portfolio ENGLEWOOD, NJ 485,405485.4k $22.5m $22.5m 0.09% Added +95.1k +95,144
59 US BANCORP \DE\ 0.03% of their portfolio MINNEAPOLIS, MN 480,270480.3k $22.3m $22.3m 0.03% Reduced -1.4k -1,350
60 ST GERMAIN D J CO INC 0.94% of their portfolio SPRINGFIELD, MA 471,574471.6k $21.9m $21.9m 0.94% Reduced -9.4k -9,356
61 Zurich Insurance Group Ltd/FI 0.17% of their portfolio ZURICH, V8 467,648467.6k $21.7m $21.7m 0.17% Unchanged
62 Hamilton Capital, LLC 1.19% of their portfolio COLUMBUS, OH 466,361466.4k $21.6m $21.6m 1.19% Added +201.5k +201,487
63 HBK Sorce Advisory LLC 0.57% of their portfolio ERIE, PA 457,706457.7k $21.2m $21.2m 0.57% Added +46.1k +46,141
64 Bell Bank 0.96% of their portfolio FARGO, ND 446,592446.6k $20.7m $20.7m 0.96% Reduced -16.4k -16,405
65 COURIER CAPITAL LLC 1.19% of their portfolio BUFFALO, NY 424,303424.3k $19.7m $19.7m 1.19% Added +75.2k +75,218
66 Connecticut Wealth Management, LLC 0.94% of their portfolio FARMINGTON, CT 423,898423.9k $19.6m $19.6m 0.94% Reduced -11.1k -11,077
67 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 409,786409.8k $19.0m $19.0m 0.03% Added +24.8k +24,757
68 Jaffetilchin Investment Partners, LLC 1.23% of their portfolio TAMPA, FL 406,673406.7k $18.8m $18.8m 1.23% Added +1.6k +1,583
69 Allworth Financial LP 0.09% of their portfolio FOLSOM, CA 386,289386.3k $17.9m $17.9m 0.09% Reduced -8.7k -8,698
70 PROFFITT & GOODSON INC 2.67% of their portfolio KNOXVILLE, TN 377,435377.4k $17.5m $17.5m 2.67% Added +7.2k +7,172
71 RKL Wealth Management LLC 1.47% of their portfolio LANCASTER, PA 361,806361.8k $16.8m $16.8m 1.47% Added +8.3k +8,275
72 Quantum Financial Advisors, LLC 2.25% of their portfolio SANTA MONICA, CA 358,835358.8k $16.6m $16.6m 2.25% Reduced -6.0k -5,990
73 CreativeOne Wealth, LLC 0.43% of their portfolio OVERLAND PARK, KS 355,342355.3k $16.5m $16.5m 0.43% Added +11.6k +11,559
74 CAPITAL INSIGHT PARTNERS, LLC 2.74% of their portfolio SCOTTSDALE, AZ 340,505340.5k $15.8m $15.8m 2.74% Reduced -37.7k -37,665
75 Vectors Research Management, LLC 5.40% of their portfolio New York, NY 339,856339.9k $15.7m $15.7m 5.40% Added +41.6k +41,635
76 United Asset Strategies, Inc. 1.33% of their portfolio GARDEN CITY, NY 336,480336.5k $15.6m $15.6m 1.33% Reduced -3.1k -3,102
77 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 332,534332.5k $15.4m $15.4m 0.01% Added +41.4k +41,378
78 Whitcomb & Hess, Inc. 4.34% of their portfolio ASHLAND, OH 332,406332.4k $15.4m $15.4m 4.34% Added +6.4k +6,401
79 Windward Private Wealth Management Inc. 5.51% of their portfolio OVERLAND PARK, KS 329,643329.6k $15.3m $15.3m 5.51% Added +8.3k +8,334
80 Private Advisor Group, LLC 0.08% of their portfolio MORRISTOWN, NJ 326,631326.6k $15.1m $15.1m 0.08% Added +23.1k +23,124
81 OBSIDIAN CIO, LLC 2.17% of their portfolio NEW YORK, NY 322,733322.7k $15.0m $15.0m 2.17% Added +19.9k +19,869
82 STALEY CAPITAL ADVISERS INC 0.63% of their portfolio PITTSBURGH, PA 320,975321.0k $14.9m $14.9m 0.63% Reduced -2.7k -2,725
83 SeaBridge Investment Advisors LLC 2.72% of their portfolio SUMMIT, NJ 316,118316.1k $14.6m $14.6m 2.72% Added +55.4k +55,422
84 NewEdge Advisors, LLC 0.08% of their portfolio NEW ORLEANS, LA 314,987315.0k $14.6m $14.6m 0.08% Added +12.4k +12,435
85 Sanctuary Advisors, LLC 0.09% of their portfolio INDIANAPOLIS, IN 310,449310.4k $14.4m $14.4m 0.09% Reduced -16.3k -16,291
86 MA Private Wealth 2.56% of their portfolio SAN CARLOS, CA 309,291309.3k $14.3m $14.3m 2.56% Reduced -284.1k -284,094
87 Robinswood Financial LLC 4.91% of their portfolio KIRKLAND, WA 299,372299.4k $13.9m $13.9m 4.91% Reduced -1.4k -1,395
88 First National Trust Co 0.51% of their portfolio Johnstown, PA 294,562294.6k $13.7m $13.7m 0.51% Added +8.5k +8,462
89 Betterment LLC 0.03% of their portfolio NEW YORK, NY 290,988291.0k $13.5m $13.5m 0.03% Added +8.5k +8,510
90 Money Design Co.,Ltd. 0.63% of their portfolio TOKYO, M0 290,049290.0k $13.4m $13.4m 0.63% Added +7.3k +7,338
91 Clark Asset Management, LLC 1.78% of their portfolio STRATHAM, NH 281,817281.8k $13.1m $13.1m 1.78% Added +23.4k +23,395
92 Family CFO Inc 6.38% of their portfolio LOS ALTOS, CA 274,826274.8k $12.7m $12.7m 6.38% Added +10.2k +10,225
93 WEBSTERROGERS FINANCIAL ADVISORS, LLC 3.83% of their portfolio FLORENCE, SC 259,960260.0k $12.0m $12.0m 3.83% Reduced -72 -72
94 1834 INVESTMENT ADVISORS CO 1.49% of their portfolio Milwaukee, WI 253,503253.5k $11.7m $11.7m 1.49% Added +4.4k +4,390
95 FLC Capital Advisors 2.42% of their portfolio PALM DESERT, CA 252,687252.7k $11.7m $11.7m 2.42% Reduced -6.4k -6,412
96 Atria Investments, Inc 0.14% of their portfolio Charlotte, NC 251,866251.9k $11.7m $11.7m 0.14% Reduced -37.3k -37,327
97 Perigon Wealth Management, LLC 0.26% of their portfolio SAN FRANCISCO, CA 244,027244.0k $11.3m $11.3m 0.26% Added +16.1k +16,058
98 Sensible Financial Planning & Management, LLC. 2.12% of their portfolio WALTHAM, MA 241,118241.1k $11.2m $11.2m 2.12% Reduced -8.2k -8,170
99 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 240,427240.4k $11.1m $11.1m 0.03% Reduced -10.3k -10,346
100 ALPS ADVISORS INC 0.06% of their portfolio Denver, CO 238,673238.7k $11.1m $11.1m 0.06% Reduced -5.3k -5,260