VANGUARD MUN BD FDS
CUSIP 922907712
Vanguard Mun Bd Fds has 122 institutional holders in Filings Flow’s 13F database, together reporting 10.23M shares worth $745M as of Q1 2026. The largest reported holders are Hbk Sorce Advisory LLC, Aprio Wealth Management, LLC, and Verum Partners LLC.
Institutional Holders
122
Q1 2026
Reported Value
$745M
Ticker
unmapped
private placement or foreign
Quarters Tracked
3
Ownership Trend
Institutional holders
Total reported value
Holders
Mixed quarters
| Manager | % of Portfolio | Value | Shares | Quarter |
|---|---|---|---|---|
| Mills Wealth Advisors LLC$318M AUM | 10.85% | $34M | 450.8K | Q2 2026 |
| Verum Partners LLC$527M AUM | 8.60% | $45M | 602.4K | Q1 2026OLDER |
| Mallini Complete Financial Planning LLC$140M AUM | 7.18% | $10M | 131.8K | Q2 2026 |
| MB, LEVIS & ASSOCIATES, LLC$240M AUM | 5.70% | $14M | 181.9K | Q1 2026OLDER |
| HBK Sorce Advisory LLC$5.0B AUM | 5.19% | $262M | 3.46M | Q1 2026OLDER |
| Topsail Wealth Management, LLC$678M AUM | 4.26% | $29M | 384.2K | Q1 2026OLDER |
| San Luis Wealth Advisors LLC$604M AUM | 2.87% | $17M | 230.4K | Q1 2026OLDER |
| Aprio Wealth Management, LLC$1.8B AUM | 2.59% | $47M | 631.1K | Q1 2026OLDER |
| TAGStone Capital, Inc.$283M AUM | 2.58% | $7M | 97.2K | Q1 2026OLDER |
| Balanced Rock Investment Advisors LLC$143M AUM | 2.52% | $4M | 47.8K | Q1 2026OLDER |
| Gutierrez Wealth Advisory, LLC$161M AUM | 2.51% | $4M | 53.8K | Q1 2026OLDER |
| EQ WEALTH ADVISORS, LLC$171M AUM | 2.34% | $4M | 53.1K | Q1 2026OLDER |
| Keystone Financial Group, Inc.$192M AUM | 2.33% | $4M | 59.7K | Q1 2026OLDER |
| Physician Wealth Solutions Inc.$242M AUM | 2.21% | $5M | 71.1K | Q1 2026OLDER |
| NWM ADVISORS, LLC$110M AUM | 2.09% | $2M | 30.5K | Q1 2026OLDER |
| UP STRATEGIC WEALTH INVESTMENT ADVISORS LLC$159M AUM | 1.80% | $3M | 37.8K | Q1 2026OLDER |
| Tilson Financial Group, Inc.$333M AUM | 1.66% | $6M | 73.8K | Q1 2026OLDER |
| S.A. Mason LLC$266M AUM | 1.44% | $4M | 51.0K | Q1 2026OLDER |
| Karpus Management, Inc.$3.2B AUM | 1.38% | $44M | 590.1K | Q1 2026OLDER |
| CGN Advisors LLC$1.4B AUM | 0.97% | $13M | 173.1K | Q2 2026 |
| Physician Wealth Advisors, Inc.$719M AUM | 0.91% | $7M | 87.2K | Q1 2026OLDER |
| Blume Capital Management, Inc.$588M AUM | 0.90% | $5M | 70.7K | Q1 2026OLDER |
| TFO Wealth Partners, LLC$735M AUM | 0.84% | $6M | 82.6K | Q1 2026OLDER |
| Lynch Investment Planning, LLC$111M AUM | 0.84% | $930,282 | 12.4K | Q1 2026OLDER |
| Confluence Wealth Services, Inc.$2.6B AUM | 0.79% | $20M | 269.4K | Q1 2026OLDER |
| Sunpointe, LLC$305M AUM | 0.74% | $2M | 29.9K | Q1 2026OLDER |
| WEBSTERROGERS FINANCIAL ADVISORS, LLC$390M AUM | 0.71% | $3M | 36.5K | Q2 2026 |
| Traub Capital Management LLC$101M AUM | 0.69% | $691,230 | 9.2K | Q1 2026OLDER |
| Verus Financial Partners, Inc.$1.1B AUM | 0.66% | $7M | 97.5K | Q1 2026OLDER |
| Oak Wealth Advisors LLC$182M AUM | 0.65% | $1M | 15.7K | Q1 2026OLDER |
| ACTION POINT FINANCIAL PLANNING, LLC$112M AUM | 0.51% | $573,921 | 7.6K | Q1 2026OLDER |
| Kelman-Lazarov, Inc.$698M AUM | 0.49% | $3M | 45.4K | Q1 2026OLDER |
| D'Orazio & Associates, Inc.$772M AUM | 0.49% | $4M | 50.0K | Q1 2026OLDER |
| Sincerus Advisory, LLC$147M AUM | 0.46% | $676,664 | 8.9K | Q2 2026 |
| Hartmann Taylor Wealth Management, LLC$151M AUM | 0.45% | $676,350 | 9.0K | Q1 2026OLDER |
| NavPoint Financial, Inc.$247M AUM | 0.43% | $1M | 14.3K | Q1 2026OLDER |
| Sprinkle Financial Consultants LLC$255M AUM | 0.40% | $1M | 13.4K | Q2 2026 |
| SMITHBRIDGE ASSET MANAGEMENT INC/DE$674M AUM | 0.38% | $3M | 34.4K | Q1 2026OLDER |
| Brio Consultants, LLC$818M AUM | 0.36% | $3M | 39.0K | Q1 2026OLDER |
| Next Level Wealth Planning, LLC$195M AUM | 0.35% | $682,437 | 9.1K | Q1 2026OLDER |
| L.K. Benson & Company, P.C.$302M AUM | 0.33% | $1M | 13.4K | Q1 2026OLDER |
| Advyzon Investment Management, LLC$1.1B AUM | 0.31% | $3M | 45.7K | Q1 2026OLDER |
| Landmark Wealth Management, LLC$373M AUM | 0.30% | $1M | 14.8K | Q1 2026OLDER |
| Beaird Harris Wealth Management, LLC$1.6B AUM | 0.27% | $4M | 55.4K | Q2 2026 |
| CRA Financial Services, LLC$770M AUM | 0.25% | $2M | 25.2K | Q1 2026OLDER |
| TPG Advisors LLC$160M AUM | 0.24% | $391,982 | 5.2K | Q1 2026OLDER |
| SEVEN MILE ADVISORY$139M AUM | 0.24% | $1M | 18.4K | Q4 2025OLDER |
| Burton Enright Welch$736M AUM | 0.22% | $2M | 21.4K | Q1 2026OLDER |
| Capital Investment Services of America, Inc.$958M AUM | 0.22% | $2M | 27.5K | Q1 2026OLDER |
| OAK HILL WEALTH ADVISORS, LLC$534M AUM | 0.20% | $1M | 14.5K | Q3 2025OLDER |
| Rehmann Capital Advisory Group$1.9B AUM | 0.20% | $4M | 51.2K | Q1 2026OLDER |
| Elequin Capital, LP$1.2B AUM | 0.20% | $3M | 35.3K | Q4 2025OLDER |
| MFA Wealth Services$151M AUM | 0.18% | $254,390 | 3.4K | Q3 2025OLDER |
| ABLE Financial Group, LLC$511M AUM | 0.17% | $889,400 | 11.8K | Q1 2026OLDER |
| Bernardo Wealth Planning LLC$511M AUM | 0.17% | $864,416 | 11.5K | Q1 2026OLDER |
| Lakewood Asset Management LLC$156M AUM | 0.17% | $260,171 | 3.5K | Q1 2026OLDER |
| SJS Investment Consulting Inc.$819M AUM | 0.16% | $1M | 17.9K | Q1 2026OLDER |
| Global Wealth Management, LLC$183M AUM | 0.16% | $294,206 | 3.9K | Q1 2026OLDER |
| VOISARD ASSET MANAGEMENT GROUP, INC.$469M AUM | 0.16% | $734,592 | 9.8K | Q1 2026OLDER |
| Newman Dignan & Sheerar, Inc.$523M AUM | 0.14% | $743,044 | 9.7K | Q2 2026 |
| Swisher Financial Concepts, Inc.$179M AUM | 0.14% | $248,746 | 3.3K | Q1 2026OLDER |
| PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV$349M AUM | 0.14% | $484,267 | 6.4K | Q1 2026OLDER |
| Bridgewealth Advisory Group, LLC$482M AUM | 0.13% | $639,226 | 8.5K | Q1 2026OLDER |
| Cypress Point Wealth Management, LLC$464M AUM | 0.12% | $565,579 | 7.5K | Q1 2026OLDER |
| Prentice Wealth Management LLC$484M AUM | 0.11% | $549,698 | 7.2K | Q2 2026 |
| Galvin, Gaustad & Stein, LLC$1.2B AUM | 0.10% | $1M | 17.0K | Q1 2026OLDER |
| SAXON INTERESTS, INC.$290M AUM | 0.10% | $255,689 | 3.5K | Q3 2025OLDER |
| Breakwater Capital Group$833M AUM | 0.09% | $791,504 | 10.4K | Q2 2026 |
| Commonwealth Retirement Investments LLC$323M AUM | 0.09% | $300,600 | 4.0K | Q1 2026OLDER |
| Tandem Financial, LLC$314M AUM | 0.09% | $280,902 | 3.7K | Q1 2026OLDER |
| Gould Capital, LLC$165M AUM | 0.08% | $123,998 | 1.6K | Q1 2026OLDER |
| Tower Research Capital LLC (TRC)$3.8B AUM | 0.07% | $3M | 38.2K | Q4 2025OLDER |
| PERRYMAN FINANCIAL ADVISORY INC /AD$667M AUM | 0.07% | $441,684 | 5.9K | Q1 2026OLDER |
| TITLEIST ASSET MANAGEMENT, LLC$1.3B AUM | 0.06% | $858,739 | 11.4K | Q1 2026OLDER |
| Sterling Investment Advisors, Ltd.$552M AUM | 0.06% | $318,636 | 4.2K | Q1 2026OLDER |
| Main Street Financial Solutions, LLC$1.3B AUM | 0.06% | $737,633 | 9.8K | Q4 2025OLDER |
| EVOLVE PRIVATE WEALTH, LLC$1.9B AUM | 0.05% | $984,991 | 13.1K | Q1 2026OLDER |
| Inspire Advisors, LLC$1.2B AUM | 0.05% | $636,259 | 8.5K | Q1 2026OLDER |
| HUB Investment Partners, LLC$4.2B AUM | 0.05% | $2M | 28.1K | Q1 2026OLDER |
| North Star Investment Management Corp.$1.7B AUM | 0.05% | $831,823 | 11.1K | Q1 2026OLDER |
| Valeo Financial Advisors, LLC$4.7B AUM | 0.04% | $2M | 24.4K | Q2 2026 |
| Private Wealth Asset Management, LLC$935M AUM | 0.04% | $361,547 | 4.8K | Q1 2026OLDER |
| AWM CAPITAL, LLC$1.1B AUM | 0.03% | $338,776 | 4.5K | Q1 2026OLDER |
| Focus Partners Wealth$89.9B AUM | 0.03% | $23M | 307.7K | Q1 2026OLDER |
| SHUFRO ROSE & CO LLC$1.5B AUM | 0.02% | $334,869 | 4.5K | Q1 2026OLDER |
| Evanson Asset Management, LLC$1.9B AUM | 0.02% | $418,736 | 5.6K | Q1 2026OLDER |
| Evanson Financial, LLC$2.0B AUM | 0.02% | $427,772 | 5.6K | Q2 2026 |
| Bryn Mawr Trust Advisors, LLC$2.1B AUM | 0.02% | $424,071 | 5.6K | Q1 2026OLDER |
| Essex Financial Services, Inc.$1.8B AUM | 0.02% | $303,230 | 4.0K | Q1 2026OLDER |
| Sowell Financial Services LLC$2.7B AUM | 0.02% | $409,568 | 5.5K | Q1 2026OLDER |
| Dakota Wealth Management$4.6B AUM | 0.01% | $661,320 | 8.8K | Q1 2026OLDER |
| NewEdge Advisors, LLC$27.7B AUM | 0.01% | $3M | 37.1K | Q2 2026 |
| Retirement Planning Group, LLC$3.2B AUM | 0.01% | $320,226 | 4.3K | Q1 2026OLDER |
| Integrated Wealth Concepts LLC$12.5B AUM | 0.01% | $1M | 16.5K | Q1 2026OLDER |
| FLAGSHIP HARBOR ADVISORS, LLC$2.3B AUM | 0.01% | $217,935 | 2.9K | Q1 2026OLDER |
| TRUIST FINANCIAL CORP$74.2B AUM | 0.01% | $7M | 92.6K | Q1 2026OLDER |
| Wilmington Savings Fund Society, FSB$4.2B AUM | 0.01% | $381,612 | 5.1K | Q1 2026OLDER |
| JONES FINANCIAL COMPANIES LLLP$208.1B AUM | 0.01% | $18M | 245.1K | Q1 2026OLDER |
| HighTower Advisors, LLC$94.2B AUM | 0.01% | $8M | 108.5K | Q1 2026OLDER |
| Breakwater Investment Management$269M AUM | 0.01% | $20,366 | 271 | Q1 2026OLDER |
| Diversify Advisory Services, LLC$655M AUM | 0.01% | $215,298 | 2.8K | Q4 2025OLDER |
| OLD MISSION CAPITAL LLC$6.3B AUM | 0.01% | $389,727 | 5.2K | Q1 2026OLDER |
| Trust Co$1.1B AUM | 0.01% | $65,280 | 869 | Q1 2026OLDER |
| Vise Technologies, Inc.$5.1B AUM | 0.01% | $288,829 | 3.8K | Q1 2026OLDER |
| Waverly Advisors, LLC$13.4B AUM | 0.01% | $693,108 | 9.2K | Q1 2026OLDER |
| HARBOUR INVESTMENTS, INC.$6.5B AUM | 0.00% | $304,733 | 4.1K | Q1 2026OLDER |
| DIVERSIFY WEALTH MANAGEMENT, LLC$5.6B AUM | 0.00% | $214,623 | 2.8K | Q1 2026OLDER |
| Sequoia Financial Advisors, LLC$17.9B AUM | 0.00% | $606,311 | 8.1K | Q1 2026OLDER |
| &PARTNERS$20.2B AUM | 0.00% | $634,600 | 8.4K | Q1 2026OLDER |
| Cerity Partners LLC$70.8B AUM | 0.00% | $2M | 27.1K | Q1 2026OLDER |
| COMMONWEALTH EQUITY SERVICES, LLC$71.6B AUM | 0.00% | $2M | 25.5K | Q1 2026OLDER |
| ENTRUST FINANCIAL LLC$143M AUM | 0.00% | $3,758 | 50 | Q1 2026OLDER |
| McIlrath & Eck, LLC$1.3B AUM | 0.00% | $21,371 | 284 | Q3 2025OLDER |
| ENVESTNET ASSET MANAGEMENT INC$373.6B AUM | 0.00% | $7M | 89.0K | Q1 2026OLDER |
| LPL Financial LLC$376.6B AUM | 0.00% | $4M | 55.9K | Q1 2026OLDER |
| Kestra Advisory Services, LLC$26.4B AUM | 0.00% | $152,451 | 2.0K | Q4 2025OLDER |
| OSAIC HOLDINGS, INC.$68.3B AUM | 0.00% | $315,254 | 4.2K | Q1 2026OLDER |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$49.1B AUM | 0.00% | $261,090 | 3.4K | Q4 2025OLDER |
| JANE STREET GROUP, LLC$777.2B AUM | 0.00% | $2M | 21.5K | Q1 2026OLDER |
| Creative Planning$147.4B AUM | 0.00% | $300,976 | 4.0K | Q1 2026OLDER |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP$893.3B AUM | 0.00% | $2M | 20.4K | Q4 2025OLDER |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$162.4B AUM | 0.00% | $108,670 | 1.4K | Q4 2025OLDER |
| GOLDMAN SACHS GROUP INC$870.9B AUM | 0.00% | $561,371 | 7.5K | Q1 2026OLDER |
| UBS Group AG$666.3B AUM | 0.00% | $24,274 | 323 | Q1 2026OLDER |
| MORGAN STANLEY$1.67T AUM | 0.00% | $26,298 | 348 | Q1 2026OLDER |
| FRANKLIN RESOURCES INC$408.3B AUM | 0.00% | $5,261 | 70 | Q1 2026OLDER |
| JPMORGAN CHASE & CO$1.56T AUM | 0.00% | $15,282 | 204 | Q1 2026OLDER |
| WELLS FARGO & COMPANY/MN$530.3B AUM | 0.00% | $64 | 1 | Q2 2026 |
Holdings are reported up to 45 days after quarter end. Share counts are as filed and not adjusted for stock splits.