VANGUARD MUN BD FDS (VSDM)
Institutional ownership reported to the SEC as of Q2 2026, across 7 quarters.
113
Reporting holders
$265.0M
Reported value
0.0%
Held as options
+22
Holder change
Options share is the part of reported value carried in derivative lines rather than shares. A high figure means institutions are expressing a view on this security without owning much of it.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| Capital Investment Services of America, Inc. | $21.5M | 280,929 | 2.11% | 7q | +9.7%+$1.9M |
| TRUIST FINANCIAL CORP | $19.2M | 251,105 | 0.02% | 3q | +66.6%+$7.7M |
| Mills Wealth Advisors LLC | $12.6M | 164,926 | 3.98% | 7q | -3.0%-$389.7K |
| S.A. Mason LLC | $12.6M | 163,888 | 3.86% | 3q | +37.7%+$3.4M |
| Keystone Financial Group, Inc. | $10.9M | 142,196 | 5.72% | 5q | +26.8%+$2.3M |
| Kestra Investment Management, LLC | $10.7M | 139,319 | 0.21% | new | NEW |
| American Investment Services, Inc. | $9.9M | 128,709 | 2.08% | 3q | +10.5%+$938.3K |
| MOSAIC FAMILY WEALTH PARTNERS, LLC | $9.7M | 126,587 | 0.65% | 3q | +116.0%+$5.2M |
| CGN Advisors LLC | $9.5M | 124,154 | 0.69% | 5q | +19.2%+$1.5M |
| Quantinno Capital Management LP | $7.5M | 98,000 | 0.01% | new | NEW |
| Frisch Financial Group, Inc. | $7.5M | 98,000 | 1.29% | new | NEW |
| Acumen Wealth Advisors, LLC | $6.3M | 82,467 | 1.34% | 3q | +645.4%+$5.5M |
| Beaird Harris Wealth Management, LLC | $5.7M | 74,692 | 0.36% | 2q | +191.3%+$3.8M |
| RW Investment Management LLC | $5.4M | 70,309 | 0.47% | 2q | +40.7%+$1.6M |
| IRON Financial LLC | $5.0M | 65,840 | 2.08% | 2q | +45.5%+$1.6M |
| COMMONWEALTH EQUITY SERVICES, LLC | $5.0M | 65,487 | 0.01% | 6q | +71.4%+$2.1M |
| MASTER'S WEALTH MANAGEMENT INC. | $4.7M | 61,689 | 1.42% | 3q | +17.0%+$688.0K |
| Rialto Wealth Management, LLC | $4.7M | 61,252 | 0.93% | 4q | +67.4%+$1.9M |
| JONES FINANCIAL COMPANIES LLLP | $3.9M | 50,496 | 0.00% | 3q | +96.4%+$1.9M |
| Belpointe Asset Management LLC | $3.9M | 50,421 | 0.13% | 2q | +24.1%+$751.0K |
| Alliance Private Wealth, LLC | $3.5M | 45,501 | 1.21% | 3q | -17.2%-$723.1K |
| TD Capital Management LLC | $3.3M | 43,473 | 0.27% | new | NEW |
| Bank of New York Mellon Corp | $3.2M | 41,724 | 0.00% | 2q | -2.4%-$78.5K |
| Topsail Wealth Management, LLC | $3.1M | 40,843 | 0.40% | 4q | +26.6%+$657.6K |
| GSG Advisors LLC | $3.0M | 39,200 | 0.66% | new | NEW |
| Professional Financial Advisors, LLC | $2.9M | 38,255 | 0.51% | 2q | +17.5%+$436.0K |
| Timmons Wealth Management, LLC | $2.9M | 37,636 | 2.11% | 3q | +389.9%+$2.3M |
| LPL Financial LLC | $2.9M | 37,512 | 0.00% | 3q | +82.5%+$1.3M |
| Dakota Wealth Management | $2.7M | 35,875 | 0.05% | 3q | +9.8%+$245.3K |
| Pandowealth. LLC | $2.6M | 33,508 | 1.05% | 2q | +268.1%+$1.9M |
| GREAT VALLEY ADVISOR GROUP, INC. | $2.5M | 32,858 | 0.04% | 2q | +243.9%+$1.8M |
| Bedel Financial Consulting, Inc. | $2.3M | 30,560 | 0.22% | new | NEW |
| JPMORGAN CHASE & CO | $2.2M | 28,573 | 0.00% | 4q | +28473.0%+$2.2M |
| Aprio Wealth Management, LLC | $2.1M | 27,970 | 0.11% | 3q | +3.8%+$78.5K |
| MBM WEALTH CONSULTANTS, LLC | $2.1M | 27,594 | 0.41% | new | NEW |
| Harbor Group, Inc. | $2.0M | 25,899 | 0.23% | 5q | -17.7%-$426.0K |
| Stonebridge Financial Group, LLC | $1.8M | 23,716 | 0.14% | 3q | +59.9%+$681.1K |
| Verum Partners LLC | $1.8M | 23,102 | 0.26% | 5q | +7.4%+$122.7K |
| Burton Enright Welch | $1.6M | 21,387 | 0.19% | 5q | +38.0%+$451.5K |
| Karpus Management, Inc. | $1.6M | 21,000 | 0.05% | new | NEW |
| Financial Engines Advisors L.L.C. | $1.5M | 19,906 | 0.00% | 5q | +5.8%+$83.4K |
| HighTower Advisors, LLC | $1.5M | 18,959 | 0.00% | new | NEW |
| CRA Financial Services, LLC | $1.4M | 17,988 | 0.16% | 7q | -1.8%-$25.7K |
| Essex Financial Services, Inc. | $1.4M | 17,622 | 0.07% | 6q | +18.9%+$214.2K |
| Baker Ellis Asset Management LLC | $1.3M | 16,400 | 0.13% | 7q | +6.5%+$76.6K |
| Integrated Wealth Concepts LLC | $1.2M | 16,016 | 0.01% | 2q | +83.8%+$559.5K |
| NEUBERGER BERMAN GROUP LLC | $1.2M | 15,910 | 0.00% | 2q | HELD |
| TCI Wealth Advisors, Inc. | $1.2M | 15,420 | 0.05% | new | NEW |
| &PARTNERS | $1.1M | 14,377 | 0.00% | 2q | +30.7%+$258.8K |
| MFA Wealth Services | $1.1M | 14,082 | 0.64% | 7q | -5.9%-$67.6K |
| Wedmont Private Capital | $1.0M | 13,156 | 0.03% | new | NEW |
| Composition Wealth, LLC | $1.0M | 13,106 | 0.01% | new | NEW |
| Corient Private Wealth LP | $1.0M | 13,074 | 0.00% | 4q | +80.4%+$446.5K |
| JANE STREET GROUP, LLC | $888.8K | 11,599 | 0.00% | 7q | +52.8%+$307.1K |
| Signal Advisors Wealth, LLC | $855.6K | 11,165 | 0.04% | 2q | HELD |
| Kelman-Lazarov, Inc. | $810.0K | 10,570 | 0.11% | 6q | HELD |
| PARSONS CAPITAL MANAGEMENT INC/RI | $786.4K | 10,262 | 0.04% | new | NEW |
| Quantum Financial Planning Services, Inc. | $782.4K | 10,211 | 0.24% | 3q | +35.2%+$203.8K |
| Cascade Wealth Advisors, Inc | $772.3K | 10,140 | 0.31% | new | NEW |
| Prospera Capital Management, LLC | $714.6K | 9,342 | 0.22% | 5q | HELD |
| VSM Wealth Advisory, LLC | $708.0K | 6,989 | 0.19% | new | NEW |
| Breakwater Capital Group | $679.2K | 8,864 | 0.08% | 6q | -41.0%-$472.3K |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $657.5K | 8,608 | 0.00% | new | NEW |
| CFS Investment Advisory Services, LLC | $647.1K | 8,463 | 0.04% | 2q | +171.4%+$408.7K |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $643.4K | 8,396 | 0.00% | 3q | +78.1%+$282.2K |
| New England Private Wealth Advisors LLC | $637.4K | 8,393 | 0.06% | 3q | HELD |
| Donalies Financial Planning, LLC | $637.1K | 8,314 | 0.47% | new | NEW |
| Equitable Holdings, Inc. | $558.2K | 7,285 | 0.00% | 2q | HELD |
| Bryn Mawr Trust Advisors, LLC | $553.4K | 7,222 | 0.02% | 3q | +29.7%+$126.7K |
| Gutierrez Wealth Advisory, LLC | $512.2K | 6,684 | 0.30% | 5q | HELD |
| Conservest Capital Advisors, Inc. | $504.8K | 6,588 | 0.04% | 6q | +80.2%+$224.8K |
| Forum Financial Management, LP | $503.2K | 6,567 | 0.01% | new | NEW |
| L. Roy Papp & Associates, LLP | $499.6K | 6,520 | 0.05% | 2q | HELD |
| OakTrust Wealth Advisors, LLC | $498.8K | 6,509 | 0.43% | new | NEW |
| Soltis Investment Advisors LLC | $488.2K | 6,371 | 0.03% | 3q | -9.3%-$50.2K |
| PENNSYLVANIA CAPITAL MANAGEMENT INC /ADV | $466.8K | 6,092 | 0.12% | new | NEW |
| Waverly Advisors, LLC | $448.3K | 5,850 | 0.00% | 3q | HELD |
| EverSource Wealth Advisors, LLC | $438.5K | 5,722 | 0.01% | 2q | +264.0%+$318.0K |
| N.E.W. Advisory Services LLC | $419.1K | 5,470 | 0.03% | 5q | +0.8%+$3.2K |
| Sugar Maple Asset Management, LLC | $411.3K | 5,367 | 0.27% | 3q | +0.8%+$3.1K |
| Worth Asset Management, LLC | $353.6K | 4,614 | 0.11% | new | NEW |
| Strategic Financial Concepts, LLC | $351.5K | 4,587 | 0.10% | new | NEW |
| Financial Planning Hawaii, Inc. | $348.0K | 4,541 | 0.19% | 3q | HELD |
| Ascent Group, LLC | $315.9K | 4,122 | 0.01% | 3q | HELD |
| Stratos Wealth Partners, LTD. | $309.2K | 4,034 | 0.00% | 2q | +0.8%+$2.4K |
| Kestra Advisory Services, LLC | $301.3K | 3,932 | 0.00% | 4q | +15.5%+$40.5K |
| Advyzon Investment Management, LLC | $292.3K | 3,815 | 0.02% | 5q | -0.7%-$2.1K |
| Beacon Pointe Advisors, LLC | $275.9K | 3,600 | 0.00% | 4q | -26.5%-$99.6K |
| Foundry Financial LLC | $236.2K | 3,082 | 0.08% | 2q | HELD |
| TAGStone Capital, Inc. | $234.9K | 3,066 | 0.07% | new | NEW |
| Summit Wealth Partners, LLC | $231.3K | 3,019 | 0.03% | new | NEW |
| Kropog Financial Group, LLC | $224.5K | 2,929 | 0.16% | new | NEW |
| Advisory Services Network, LLC | $219.6K | 2,866 | 0.00% | 4q | HELD |
| CARDIFF PARK ADVISORS, LLC | $218.4K | 2,850 | 0.02% | 4q | HELD |
| Elequin Capital, LP | $210.4K | 2,746 | 0.01% | new | NEW |
| Bill Few Associates, Inc. | $209.2K | 2,730 | 0.04% | new | NEW |
| Elmwood Wealth Management, Inc. | $207.2K | 2,704 | 0.05% | 4q | +0.8%+$1.6K |
| Graney & King, LLC | $202.6K | 2,644 | 0.07% | 2q | +0.8%+$1.6K |
| Snowden Capital Advisors LLC | $200.5K | 2,617 | 0.00% | new | NEW |
| ENVESTNET ASSET MANAGEMENT INC | $200.3K | 2,614 | 0.00% | new | NEW |
Showing the largest 100 of 123 reported holders.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 113 | $265.0M | 3,456,390 | 31 | 52 | 11 | 0.0% |
| Q1 2026 | 91 | $162.3M | 2,124,378 | 27 | 42 | 8 | 0.0% |
| Q4 2025 | 68 | $104.0M | 1,359,470 | 27 | 23 | 3 | 0.0% |
| Q3 2025 | 41 | $69.5M | 906,436 | 14 | 19 | 3 | 0.0% |
| Q2 2025 | 28 | $45.4M | 600,281 | 16 | 7 | 4 | 0.0% |
| Q1 2025 | 13 | $27.3M | 362,060 | 6 | 6 | 1 | 0.0% |
| Q4 2024 | 9 | $35.9M | 479,382 | 8 | 0 | 0 | 0.0% |