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VANGUARD SCOTTSDALE FDS
VANGUARD SCOTTSDALE FDS. Institutional holdings reported to the SEC.

Institutional Holders (2014Q3)
Portfolio Summary: 15 Institutional holders with a total value of $22,824,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 MORGAN STANLEY 110,225 9,032,000 39.57%
2 SUSQUEHANNA INTERNATIONAL GROUP, LLP 49,254 4,033,000 17.67%
3 WELLS FARGO & COMPANY/MN 30,453 2,495,000 10.93%
4 Commonwealth Equity Services, Inc 17,065 1,398,000 6.13%
5 Cetera Advisor Networks LLC 17,016 1,397,000 6.12%
6 LPL Financial LLC 13,026 1,052,000 4.61%
7 ARTHUR M. COHEN & ASSOCIATES, LLC 8,973 966,000 4.23%
8 Virtu Financial LLC 10,943 896,000 3.93%
9 ROYAL BANK OF CANADA 6,022 494,000 2.16%
10 ENVESTNET ASSET MANAGEMENT INC 5,802 475,000 2.08%
11 WEALTHCARE CAPITAL MANAGEMENT LLC 4,326 355,000 1.56%
12 UBS AG 1,632 134,000 0.59%
13 BANK OF AMERICA CORP /DE/ 946 78,000 0.34%
14 LADENBURG THALMANN FINANCIAL SERVICES INC. 230 19,000 0.08%
15 Tower Research Capital LLC (TRC) 5 0 0.00%

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.