Dark
Light
System
Security
VANGUARD LONG-TERM GOVERNMENT BOND ETF
VANGUARD LONG-TERM GOVERNMENT BOND ETF. Institutional holdings reported to the SEC.

Institutional Holders (2016Q2)
Portfolio Summary: 55 Institutional holders with a total value of $273,306,801.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 BANK OF AMERICA CORP /DE/ 697,229 59,354,000 21.72%
2 Choate Investment Advisors 369,045 31,416,801 11.50%
3 MORGAN STANLEY 265,362 22,590,000 8.27%
4 AVIANCE CAPITAL MANAGEMENT, LLC 259,005 22,049,000 8.07%
5 UNITED CAPITAL FINANCIAL ADVISORS, LLC 231,876 19,709,000 7.21%
6 ENVESTNET ASSET MANAGEMENT INC 229,755 19,559,000 7.16%
7 CARDAN CAPITAL PARTNERS, LLC 188,468 16,044,000 5.87%
8 Compagnie Lombard Odier SCmA 185,741 15,812,000 5.79%
9 WELLS FARGO & COMPANY/MN 184,228 15,684,000 5.74%
10 AMERIPRISE FINANCIAL INC 51,263 4,364,000 1.60%
11 USA FINANCIAL FORMULAS 49,589 4,222,000 1.54%
12 UBS Group AG 43,284 3,685,000 1.35%
13 Deane Retirement Strategies, Inc. 40,821 3,475,000 1.27%
14 LPL Financial LLC 35,777 3,123,000 1.14%
15 VERSANT CAPITAL MANAGEMENT, INC 36,045 3,068,000 1.12%
16 Landmark Financial Advisors, LLC 35,696 3,038,000 1.11%
17 KEYBANK NATIONAL ASSOCIATION/OH 32,741 2,787,000 1.02%
18 Cambridge Investment Research Advisors, Inc. 28,983 2,467,000 0.90%
19 Private Harbour Investment Management & Counsel, LLC 27,485 2,340,000 0.86%
20 MSI Financial Services Inc 24,005 2,044,000 0.75%
21 Atria Investments, Inc 21,653 1,890,000 0.69%
22 CWM, LLC 18,584 1,582,000 0.58%
23 Virtu KCG Holdings LLC 17,475 1,488,000 0.54%
24 JANE STREET GROUP, LLC 17,040 1,451,000 0.53%
25 ADVISOR GROUP, INC. 12,681 1,079,000 0.39%
26 Concert Wealth Management Inc. 11,650 998,000 0.37%
27 SUSQUEHANNA INTERNATIONAL GROUP, LLP 10,245 872,000 0.32%
28 First Allied Advisory Services, Inc. 9,850 842,000 0.31%
29 BERKELEY CAPITAL PARTNERS, LLC 8,896 757,000 0.28%
30 Transamerica Financial Advisors, LLC 8,610 733,000 0.27%
31 Parkside Financial Bank & Trust 7,746 659,000 0.24%
32 CWA ASSET MANAGEMENT GROUP, LLC 6,853 583,000 0.21%
33 IFC Holdings Incorporated/FL 5,684 485,000 0.18%
34 Alpha Cubed Investments, LLC 3,800 323,000 0.12%
35 US BANCORP \DE\ 3,606 307,000 0.11%
36 DUNCKER STREETT & CO INC 3,537 301,000 0.11%
37 PARK NATIONAL CORP /OH/ 3,215 273,000 0.10%
38 CIBC WORLD MARKET INC. 3,100 264,000 0.10%
39 VANGUARD GROUP INC 2,717 231,000 0.08%
40 ROYAL BANK OF CANADA 2,400 205,000 0.08%
41 LADENBURG THALMANN FINANCIAL SERVICES INC. 2,178 185,000 0.07%
42 IFP ADVISORS, INC 2,173 185,000 0.07%
43 MANUFACTURERS LIFE INSURANCE COMPANY, THE 1,937 165,000 0.06%
44 WEALTHCARE CAPITAL MANAGEMENT LLC 1,652 141,000 0.05%
45 Creative Planning 1,312 112,000 0.04%
46 INTERACTIVE FINANCIAL ADVISORS, INC. 1,153 98,000 0.04%
47 PNC FINANCIAL SERVICES GROUP, INC. 987 84,000 0.03%
48 CITIGROUP INC 892 76,000 0.03%
49 KERNODLE & KATON ASSET MANAGEMENT GROUP, LLC 857 73,000 0.03%
50 Checchi Capital Advisers, LLC 184 16,000 0.01%
Page 1 of 2

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.