Vanguard Emerg MKTS Gov BNDVWOBETF
13F holders, Q3 2025 (September 30)At the end of Q3 2025, 386 institutions reported holding Vanguard Emerg MKTS Gov BND (VWOB) in their 13F filings, down 3 from Q2 2025. 39 opened new positions and 37 sold out. The largest holders were JPMorgan Chase & Co. ($273.6M), Sei Investments Co. ($251.3M) and Bank of America Corp. ($246.0M). 4 famous investors held it, including David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio), Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).
- Company
- Vanguard Emerg MKTS Gov BND
- CUSIP
- 921946885
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 39 | $125.8M |
| Exits | 37 | $42.0M |
All 13F filers, Q2 2025 → Q3 2025: 9,336,889 shares bought and 15,474,228 shares sold, net −6,137,339 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 386 holders
| JPMorgan Chase & Co. | 0.02% | Add +13.3% | 4,089,606 | $273.6M |
| Sei Investments Co. | 0.27% | Add +3.5% | 3,755,972 | $251.3M |
| Bank of America Corp. | 0.02% | Add +25.9% | 3,677,576 | $246.0M |
| Betterment LLC | 0.44% | Add +125.6% | 3,314,686 | $221.8M |
| Royal Bank of Canada | 0.04% | Add +3.8% | 3,018,759 | $202.0M |
| Envestnet Asset Management Inc. | 0.04% | Add +2.2% | 2,059,231 | $137.8M |
| Morgan Stanley | 0.01% | Add +38.7% | 1,761,760 | $117.9M |
| Ameriprise Financial Inc. | 0.02% | Add +43.5% | 1,601,077 | $107.1M |
| Bank of New York Mellon Corp | 0.02% | Reduce -1.0% | 1,346,997 | $90.1M |
| Savant Capital, LLC | 0.54% | Add +10.7% | 1,328,981 | $88.9M |
| PNC Financial Services Group, Inc. | 0.05% | Add +1.2% | 1,307,972 | $87.5M |
| Wells Fargo & Company | 0.02% | Add +4.0% | 1,284,549 | $85.9M |
| Varma Mutual Pension Insurance Co | 0.54% | No change | 1,250,000 | $83.6M |
| Bank Julius Baer & Co. Ltd, Zurich | 0.18% | Add +4.4% | 934,174 | $62.5M |
| Mather Group, Llc. | 0.61% | Add +3.4% | 909,109 | $60.8M |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 0.48% | Add +23.5% | 890,895 | $59.6M |
| UBS Group AG | 0.01% | Add +2.5% | 721,563 | $48.3M |
| D. E. Shaw & Co. | 0.03% | Add +62.4% | 577,461 | $38.6M |
| Kestra Investment Management, LLC | 0.92% | Add +12.2% | 510,008 | $34.1M |
| Jones Financial Companies LLLP | 0.02% | Reduce -96.7% | 493,515 | $33.0M |
| USS Investment Management Ltd | 0.14% | No change | 420,000 | $28.1M |
| HighTower Advisors, LLC | 0.03% | Add +303.1% | 416,093 | $27.8M |
| Mercer Global Advisors Inc. | 0.05% | New | 416,075 | $27.8M |
| Advisory Alpha, LLC | 0.74% | Add +5.5% | 395,253 | $26.4M |
| Adventist Health System Sunbelt Healthcare Corp. | 1.13% | New | 387,800 | $25.9M |
| BlueSky Wealth Advisors, LLC | 3.41% | Add +1.7% | 377,876 | $25.3M |
| Allianz Investment Management U.S. LLC | 0.94% | No change | 377,100 | $25.2M |
| Sumitomo Life Insurance Co. | 0.78% | Add +241.2% | 376,000 | $25.2M |
| McIlrath & Eck, LLC | 2.39% | Add +9.7% | 346,365 | $23.2M |
| LPL Financial LLC | 0.01% | Add +0.1% | 327,767 | $21.9M |
| Full Sail Capital, LLC | 1.21% | Reduce -3.4% | 327,524 | $21.9M |
| Greystone Financial Group, LLC | 3.37% | New | 325,004 | $21.7M |
| Raymond James Financial Inc. | 0.01% | Add +3.2% | 317,558 | $21.2M |
| Tidal Investments LLC | 0.08% | Add +164.1% | 293,244 | $19.5M |
| Flow Traders U.S. LLC | 0.76% | Add +109.3% | 278,225 | $18.6M |
| Checchi Capital Advisers, LLC | 1.28% | Add +7.7% | 278,209 | $18.6M |
| Cape Cod Five Cents Savings Bank | 1.70% | No change | 279,578 | $18.6M |
| Assetmark, Inc. | 0.04% | Add +51.9% | 273,950 | $18.3M |
| Trust Co | 1.74% | Add +49.2% | 253,799 | $17.0M |
| Marotta Asset Management | 3.06% | Add +0.4% | 243,449 | $16.3M |
| Regimen Wealth, LLC | 4.49% | Add +1.8% | 226,161 | $15.1M |
| Benjamin Edwards Inc. | 0.16% | Add +5.7% | 215,216 | $14.4M |
| Strategic Financial Services, Inc. | 0.71% | Add +1.3% | 211,666 | $14.2M |
| Columbus Macro, LLC | 1.58% | Add +9.3% | 206,924 | $13.8M |
| Cetera Investment Advisers | 0.02% | Add +15.8% | 206,125 | $13.8M |
| Financial Alternatives, Inc | 8.35% | Add +3.5% | 206,060 | $13.8M |
| Financial Gravity Asset Management, Inc. | 2.70% | — | 204,305 | $13.7M |
| Marion Wealth Management | 3.07% | Add +1.3% | 193,260 | $12.9M |
| Renaissance Technologies | 0.02% | Add +25.3% | 176,414 | $11.8M |
| Fairview Capital Investment Management, LLC | 0.55% | Reduce -2.9% | 162,202 | $10.9M |
| Neuberger Berman Group LLC | 0.01% | Add +57.1% | 161,168 | $10.8M |
| Hurlow Wealth Management Group, Inc. | 2.70% | Add +8.2% | 155,983 | $10.4M |
| W.G. Shaheen & Associates DBA Whitney & Co | 0.93% | Add +0.7% | 153,861 | $10.3M |
| Citigroup Inc. | 0.01% | Add +7.8% | 141,306 | $9.5M |
| Avior Wealth Management, LLC | 0.30% | Add +3.6% | 141,214 | $9.4M |
| MML Investors Services, LLC | 0.02% | Add +15.8% | 130,549 | $8.7M |
| Hilltop Partners LLC | 2.56% | Add +2.1% | 128,175 | $8.6M |
| New York Life Investment Management LLC | 0.08% | Add +7.8% | 127,840 | $8.6M |
| TD Private Client Wealth LLC | 0.19% | Reduce -15.8% | 126,322 | $8.5M |
| North Ridge Wealth Advisors, Inc. | 4.82% | Add +2.2% | 125,980 | $8.4M |
| Thrivent Financial for Lutherans | 0.02% | New | 124,192 | $8.3M |
| Mirae Asset Global Investments Co., Ltd. | 0.03% | Add +13.8% | 124,000 | $8.3M |
| Mariner, LLC | 0.01% | Add +1.6% | 123,513 | $8.3M |
| BlackRock, Inc. | 0.00% | Reduce -11.2% | 108,477 | $7.3M |
| City State Bank | 2.09% | Reduce -0.2% | 107,906 | $7.2M |
| Robinswood Financial LLC | 2.30% | Add +3.4% | 102,895 | $6.9M |
| L2 Asset Management, LLC | 0.94% | Add +26.5% | 97,135 | $6.5M |
| OneDigital Investment Advisors LLC | 0.06% | Reduce -10.0% | 93,759 | $6.3M |
| Calamos Advisors LLC | 0.04% | Add +115.7% | 93,399 | $6.2M |
| Jane Street Group, LLC | 0.01% | Reduce -7.4% | 92,133 | $6.2M |
| Merit Financial Group, LLC | 0.06% | Reduce -0.0% | 90,977 | $6.1M |
| Brown Wealth Management, LLC | 1.66% | Add +4.3% | 88,105 | $5.9M |
| Beacon Pointe Advisors, LLC | 0.05% | Add +1245.2% | 88,019 | $5.9M |
| Sanctuary Advisors, LLC | 0.03% | Add +3.2% | 87,000 | $5.8M |
| GP Brinson Investments LLC | 2.36% | No change | 86,480 | $5.8M |
| Ameraudi Asset Management, Inc. | 3.41% | Add +9.5% | 84,302 | $5.6M |
| Onyx Bridge Wealth Group LLC | 0.61% | Add +2094.5% | 83,895 | $5.6M |
| Private Advisor Group, LLC | 0.03% | Add +2218.4% | 83,811 | $5.6M |
| SWAN Capital LLC | 2.25% | Add +61.0% | 82,834 | $5.5M |
| LFA - Lugano Financial Advisors SA | 2.71% | Add +13.5% | 77,220 | $5.1M |
| Virtus Family Office LLC | 4.81% | Add +44.4% | 76,813 | $5.1M |
| Nilsine Partners, LLC | 0.46% | Add +10.0% | 76,497 | $5.1M |
| SageView Advisory Group, LLC | 0.17% | Add +980.5% | 74,481 | $5.0M |
| Cwm, LLC | 0.01% | Add +3.0% | 70,727 | $4.7M |
| American Financial & Tax Strategies Inc. | 2.36% | Add +0.4% | 70,548 | $4.7M |
| Osaic Holdings, Inc. | 0.01% | Add +101.0% | 70,548 | $4.7M |
| Kitching Partners, LLC | 4.35% | Add +1.4% | 68,891 | $4.6M |
| Perigon Wealth Management, LLC | 0.09% | Add +10.9% | 68,718 | $4.6M |
| Asset Management One Co., Ltd. | 0.01% | New | 67,500 | $4.5M |
| Transamerica Financial Advisors, LLC | 0.37% | Add +0.9% | 67,437 | $4.5M |
| Virtue Capital Management, LLC | 0.71% | Add +795.1% | 62,830 | $4.5M |
| Diversify Wealth Management, LLC | 0.26% | Add +8.9% | 66,251 | $4.5M |
| David Kennon Inc | 1.59% | Reduce -1.3% | 65,899 | $4.4M |
| Modera Wealth Management, LLC | 0.05% | Reduce -0.7% | 64,629 | $4.3M |
| Plan Group Financial, LLC | 1.16% | Add +64.1% | 64,362 | $4.3M |
| Cambria Investment Management, L.P. | 0.25% | Add +43.5% | 62,882 | $4.2M |
| NewEdge Advisors, LLC | 0.02% | Add +3.0% | 60,984 | $4.1M |
| Mma Asset Management LLC | 1.36% | New | 60,695 | $4.1M |
| Regal Investment Advisors LLC | 0.26% | Add +5.8% | 60,192 | $4.0M |
| Planwiser Financial, LLC | 3.16% | New | 58,997 | $4.0M |
| Gries Financial LLC | 0.62% | Reduce -3.1% | 58,462 | $3.9M |
| Susquehanna International Group, LLP | 0.01% | Add +222.0% | 57,729 | $3.9M |
| Stablepoint Partners, LLC | 0.61% | Add +5.7% | 57,004 | $3.8M |
| Sage Rhino Capital LLC | 0.74% | Add +1.6% | 56,840 | $3.8M |
| Verde Capital Management | 0.84% | Add +4.8% | 56,417 | $3.8M |
| Custos Family Office, LLC | 2.13% | Reduce -28.3% | 56,319 | $3.8M |
| Janney Montgomery Scott LLC | 0.01% | New | 54,454 | $3.6M |
| Focus Partners Wealth | 0.01% | New | 53,898 | $3.6M |
| Scissortail Wealth Management, LLC | 0.76% | Reduce -1.7% | 52,367 | $3.5M |
| Truist Financial Corp. | 0.00% | Reduce -1.3% | 51,854 | $3.5M |
| GenTrust, LLC | 0.15% | Reduce -1.9% | 50,709 | $3.4M |
| Advisory Services Network, LLC | 0.05% | Add +35.2% | 48,733 | $3.3M |
| Central Bank & Trust Co. | 0.51% | Reduce -7.2% | 48,634 | $3.3M |
| Envestnet Portfolio Solutions, Inc. | 0.01% | Reduce -4.3% | 47,926 | $3.2M |
| Echo45 Advisors LLC | 1.84% | Add +1.5% | 46,984 | $3.1M |
| Factor Wealth Management LTD | 0.78% | Add +13.0% | 46,907 | $3.1M |
| Rainey & Randall Wealth Advisors Inc. | 0.52% | Add +1.8% | 46,193 | $3.1M |
| Pathstone Holdings, LLC | 0.01% | Add +1380.7% | 45,962 | $3.1M |
| Yeomans Consulting Group, Inc. | 1.06% | Add +29.4% | 46,012 | $3.1M |
| Horizon Financial Services, LLC | 1.45% | Add +3.8% | 45,314 | $3.0M |
| Regions Financial Corp. | 0.02% | Add +4.9% | 44,871 | $3.0M |
| Simplicity Wealth,LLC | 0.17% | Reduce -51.7% | 44,402 | $3.0M |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Reduce -11.2% | 43,601 | $2.9M |
| Kestra Advisory Services, LLC | 0.01% | Add +24.0% | 42,571 | $2.8M |
| Captrust Financial Advisors | 0.01% | Reduce -5.9% | 42,475 | $2.8M |
| State Street Corp. | 0.00% | New | 41,121 | $2.8M |
| &partners | 0.02% | Add +226.5% | 40,722 | $2.7M |
| Comprehensive Money Management Services LLC | 1.88% | Add +5.1% | 39,742 | $2.7M |
| Mission Wealth Management, LP | 0.05% | Add +3.7% | 39,114 | $2.6M |
| Comerica Bank | 0.01% | Add +11.2% | 37,710 | $2.5M |
| Compass Financial Group, Inc. | 1.11% | New | 36,847 | $2.5M |
| TD Waterhouse Canada Inc. | 0.02% | Reduce -8.8% | 36,463 | $2.4M |
| First Citizens Bank & Trust Co. | 0.05% | Reduce -14.1% | 36,382 | $2.4M |
| BNP Paribas Financial Markets | 0.00% | Add +487.7% | 35,997 | $2.4M |
| Royal Fund Management, LLC | 0.29% | Reduce -49.6% | 35,942 | $2.4M |
| Versant Capital Management, Inc | 0.33% | Reduce -51.4% | 35,776 | $2.4M |
| Gladwyn Financial Advisors, Inc. | 1.72% | Add +5.8% | 35,735 | $2.4M |
| Legacy PCG, LLC | 1.43% | Reduce -1.0% | 35,658 | $2.4M |
| Natixis Advisors, LLC | 0.00% | Add +17.6% | 35,608 | $2.4M |
| Whalen Wealth Management Inc. | 1.36% | Reduce -0.5% | 34,894 | $2.3M |
| Cambridge Investment Research Advisors, Inc. | 0.01% | Add +50.6% | 33,912 | $2.3M |
| Principal Securities, Inc. | 0.04% | Reduce -24.4% | 33,737 | $2.3M |
| Nwam LLC | 0.12% | Add +5.6% | 33,471 | $2.3M |
| LifeGoal Investments, LLC | 1.86% | New | 33,481 | $2.2M |
| Dynamic Advisor Solutions LLC | 0.06% | Reduce -1.4% | 33,126 | $2.2M |
| Patriot Investment Management Group, Inc. | 0.14% | Reduce -0.1% | 32,980 | $2.2M |
| Balanced Rock Investment Advisors LLC | 1.61% | Add +8.6% | 32,930 | $2.2M |
| Ballast Advisors LLC | 0.59% | Add +1.5% | 32,208 | $2.2M |
| SBI Securities Co., Ltd. | 0.05% | Reduce -0.2% | 31,617 | $2.1M |
| Breakwater Investment Management | 0.76% | Add +6.3% | 30,912 | $2.1M |
| Oak Hill Wealth Advisors, LLC | 0.39% | Add +103.3% | 30,836 | $2.1M |
| Veery Capital, LLC | 0.64% | Add +2.2% | 30,377 | $2.0M |
| Shore Point Advisors, LLC | 0.88% | Add +0.2% | 29,778 | $2.0M |
| Compound Planning, Inc. | 0.06% | Add +22.7% | 29,249 | $2.0M |
| Seeds Investor LLC | 0.41% | Add +8.2% | 29,232 | $2.0M |
| Ackerman Capital Advisors, LLC | 0.41% | Add +1.8% | 29,077 | $1.9M |
| Simplex Trading, LLC | 0.04% | New | 29,001 | $1.9M |
| Disciplined Investments, LLC | 0.75% | Add +0.0% | 28,175 | $1.9M |
| Diversify Advisory Services, LLC | 0.06% | Add +13.9% | 27,487 | $1.9M |
| K2 Financial Inc. | 1.46% | Add +4.9% | 27,218 | $1.8M |
| Traub Capital Management LLC | 1.77% | No change | 26,722 | $1.8M |
| StoneX Group Inc. | 0.08% | New | 26,053 | $1.7M |
| NewSquare Capital LLC | 0.12% | Add +2.0% | 25,939 | $1.7M |
| Perissos Private Wealth Management, LLC | 1.22% | Add +1.3% | 25,069 | $1.7M |
| Yorktown Management & Research Co Inc | 1.33% | New | 25,000 | $1.7M |
| Verus Wealth Management, LLC | 1.51% | Add +3.1% | 24,151 | $1.6M |
| PFG Advisors | 0.07% | New | 24,076 | $1.6M |
| BLB&B Advisors, LLC | 0.07% | Reduce -0.3% | 24,013 | $1.6M |
| World Investment Advisors | 0.03% | Reduce -1.9% | 23,598 | $1.6M |
| AXS Investments LLC | 0.50% | Reduce -16.5% | 23,574 | $1.6M |
| Rinkey Investments | 0.41% | Add +17.3% | 23,033 | $1.5M |
| Running Point Capital Advisors, LLC | 0.41% | Reduce -1.9% | 22,880 | $1.5M |
| Afg Fiduciary Services Limited Partnership | 0.88% | Add +4.4% | 22,559 | $1.5M |
| Alps Advisors Inc. | 0.01% | Reduce -1.3% | 22,495 | $1.5M |
| BNP Paribas | 0.05% | Reduce -16.4% | 22,418 | $1.5M |
| Northwest Capital Management Inc | 1.57% | Reduce -2.5% | 22,305 | $1.5M |
| Creative Financial Designs Inc. | 0.10% | Add +1.2% | 21,976 | $1.5M |
| Snowden Capital Advisors LLC | 0.04% | Reduce -0.9% | 21,415 | $1.4M |
| Cary Street Partners Financial LLC | 0.04% | Reduce -3.1% | 21,055 | $1.4M |
| Cobblestone Asset Management LLC | 0.64% | Add +1.6% | 21,043 | $1.4M |
| Titleist Asset Management, LLC | 0.12% | Add +18.8% | 20,031 | $1.3M |
| Binnacle Investments Inc | 0.77% | Add +5.1% | 19,517 | $1.3M |
| Investors Research Corp | 0.24% | No change | 19,144 | $1.3M |
| Brighton Securities Corp. | 0.63% | Add +40.0% | 18,098 | $1.2M |
| Vise Technologies, Inc. | 0.05% | Reduce -21.8% | 18,093 | $1.2M |
| JT Stratford LLC | 0.16% | Add +8.6% | 17,679 | $1.2M |
| Stifel Financial Corp. | 0.00% | Add +83.9% | 17,633 | $1.2M |
| Jim Saulnier & Associates, LLC | 0.64% | Add +0.7% | 17,190 | $1.2M |
| Capital Analysts, LLC | 0.03% | Add +9.9% | 17,058 | $1.1M |
| Farther Finance Advisors, LLC | 0.02% | Add +46.9% | 16,980 | $1.1M |
| Yoffe Investment Management, LLC | 1.48% | Add +0.1% | 16,979 | $1.1M |
| Naples Global Advisors, LLC | 0.09% | Add +176.1% | 16,618 | $1.1M |
| Ocean Park Asset Management, LLC | 0.04% | New | 16,154 | $1.1M |
| Exchange Traded Concepts, LLC | 0.01% | Reduce -26.9% | 16,154 | $1.1M |
| Park Avenue Securities LLC | 0.01% | Add +25.7% | 15,521 | $1.0M |
| Strategic Financial Planning, Inc. | 0.60% | Reduce -0.1% | 15,367 | $1.0M |
| Lam Group, Inc. | 0.63% | Reduce -12.5% | 15,280 | $1.0M |
| McNamara Financial Services, Inc. | 0.19% | Add +4.5% | 15,143 | $1.0M |
| Strategic Advocates LLC | 0.26% | New | 15,126 | $1.0M |
| AQR Capital Management | 0.00% | Add +62.3% | 14,821 | $992K |
| Commonwealth Equity Services, LLC | 0.00% | Add +0.3% | 14,544 | $973K |
| Csenge Advisory Group | 0.05% | Add +8.5% | 14,268 | $955K |
| Exencial Wealth Advisors, LLC | 0.03% | Add +5.9% | 14,099 | $943K |
| Vestmark Advisory Solutions, Inc. | 0.02% | New | 13,972 | $935K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Reduce -26.8% | 13,584 | $909K |
| RFG Advisory, LLC | 0.02% | Add +7.3% | 13,290 | $889K |
| Red Lighthouse Investment Management, LLC | 0.30% | No change | 12,835 | $859K |
| SigFig Wealth Management, LLC | 0.03% | Reduce -3.8% | 12,640 | $847K |
| Prostatis Group LLC | 0.21% | Add +10.3% | 12,619 | $844K |
| US Bancorp \de | 0.00% | Reduce -2.4% | 12,545 | $839K |
| Lido Advisors, LLC | 0.00% | Add +2.7% | 12,506 | $837K |
| Soltis Investment Advisors LLC | 0.06% | Add +8.7% | 12,486 | $835K |
| Ameritas Advisory Services, LLC | 0.05% | Add +10.5% | 12,369 | $827K |
| White Lighthouse Investment Management Inc. | 0.13% | Add +6.0% | 12,350 | $826K |
| Continuum Advisory, LLC | 0.09% | Reduce -0.3% | 12,309 | $823K |
| Atria Investments, Inc | 0.01% | Reduce -53.6% | 11,792 | $789K |
| Ehrlich Financial Group | 0.46% | Add +29.4% | 11,615 | $777K |
| AdvisorNet Financial, Inc | 0.04% | Add +89.8% | 11,421 | $764K |
| Investments & Financial Planning, LLC | 0.40% | Reduce -22.8% | 11,118 | $744K |
| Citadel Advisors | 0.00% | Add +121.8% | 11,096 | $742K |
| J.W. Cole Advisors, Inc. | 0.01% | Add +9.0% | 10,993 | $735K |
| First Heartland Consultants, Inc. | 0.06% | New | 10,933 | $731K |
| Invesco Ltd. | 0.00% | Add +0.3% | 10,603 | $709K |
| Note Advisors, LLC | 0.41% | Reduce -5.5% | 10,400 | $696K |
| Euro Pacific Asset Management, LLC | 0.08% | Add +17.3% | 10,300 | $673K |
| Summa Corp. | 0.29% | No change | 10,000 | $669K |
| AssuredPartners Investment Advisors, LLC | 0.15% | Reduce -21.8% | 9,896 | $662K |
| Creekside Partners | 0.28% | Add +1.3% | 9,651 | $646K |
| Rockefeller Capital Management L.P. | 0.00% | New | 9,617 | $643K |
| CFS Investment Advisory Services, LLC | 0.05% | Reduce -2.1% | 9,294 | $629K |
| FC Advisory LLC | 0.18% | Add +3.0% | 9,099 | $609K |
| TSA Wealth Managment LLC | 0.21% | Reduce -4.3% | 9,061 | $606K |
| Parkside Financial Bank & Trust | 0.05% | Reduce -0.8% | 9,020 | $603K |
| IFP Advisors, Inc | 0.02% | Add +11.5% | 8,948 | $599K |
| Ridgewood Investments LLC | 0.25% | Add +70.8% | 8,889 | $595K |
| Consolidated Portfolio Review Corp | 0.07% | New | 8,666 | $580K |
| Diversified Enterprises, LLC | 0.04% | Reduce -3.9% | 8,529 | $571K |
| Lanark Financial, Inc. | 0.04% | Add +15.6% | 8,257 | $552K |
| FLC Capital Advisors | 0.11% | Add +10.3% | 8,226 | $550K |
| Horst & Graben Wealth Management LLC | 0.08% | Reduce -0.5% | 8,134 | $544K |
| Seed Wealth Management, Inc. | 0.38% | No change | 8,120 | $543K |
| Dravo Bay LLC | 0.24% | Add +0.4% | 7,977 | $534K |
| KKM Financial LLC | 0.17% | Reduce -1.5% | 7,971 | $533K |
| Stewardship Advisors, LLC | 0.13% | Reduce -1.8% | 7,938 | $531K |
| Summit Global Investments | 0.03% | Reduce -3.4% | 7,897 | $528K |
| Revisor Wealth Management LLC | 0.18% | Reduce -16.5% | 7,868 | $524K |
| Clear Creek Financial Management, LLC | 0.05% | Reduce -33.1% | 7,788 | $521K |
| Keystone Wealth Services, LLC | 0.11% | New | 7,726 | $517K |
| Garde Capital, Inc. | 0.03% | Reduce -49.0% | 7,704 | $515K |
| Cahill Financial Advisors Inc. | 0.06% | Reduce -1.6% | 7,633 | $511K |
| Sagespring Wealth Partners, LLC | 0.01% | Reduce -1.2% | 7,542 | $505K |
| Kickstand Ventures, Llc. | 0.11% | Reduce -1.8% | 7,471 | $500K |
| Smartleaf Asset Management LLC | 0.03% | Reduce -16.9% | 7,343 | $492K |
| Evolution Wealth Advisors, LLC | 0.07% | No change | 7,326 | $490K |
| OneAscent Financial Services LLC | 0.03% | Reduce -1.1% | 7,318 | $490K |
| Stratos Wealth Partners, LTD. | 0.01% | New | 7,187 | $481K |
| 5T Wealth, LLC | 0.20% | Reduce -1.3% | 6,803 | $455K |
| Trust Point Inc. | 0.04% | Add +25.1% | 6,712 | $449K |
| United Advisor Group, LLC | 0.06% | Reduce -1.5% | 6,508 | $435K |
| CIBC Private Wealth Group LLC | 0.00% | Add +5.9% | 6,390 | $427K |
| Kestra Private Wealth Services, LLC | 0.01% | Reduce -21.8% | 6,247 | $418K |
| RAM Investment Partners, LLC | 0.08% | Reduce -2.7% | 6,095 | $408K |
| Elevatus Welath Management | 0.11% | Add +0.0% | 5,760 | $385K |
| Kingsview Wealth Management, LLC | 0.01% | Add +58.6% | 5,696 | $381K |
| Leavell Investment Management, Inc. | 0.02% | Add +43.2% | 5,471 | $366K |
| Adalta Capital Management LLC | 0.16% | New | 5,350 | $358K |
| Pictet North America Advisors SA | 0.03% | No change | 5,350 | $358K |
| Two Sigma Securities, LLC | 0.05% | New | 5,099 | $341K |
| JNBA Financial Advisors | 0.03% | Reduce -4.8% | 4,938 | $330K |
| Beacon Financial Group | 0.03% | New | 4,863 | $325K |
| Bridgeway Capital Management, LLC | 0.01% | Add +1.6% | 4,819 | $322K |
| WBH Advisory Inc. | 0.02% | Add +22.9% | 4,805 | $321K |
| PACK Private Wealth, LLC | 0.15% | Reduce -0.2% | 4,801 | $321K |
| Elm Partners Management LLC | 0.02% | Add +20.5% | 4,754 | $318K |
| Centaurus Financial, Inc. | 0.01% | Add +82.6% | 4,628 | $310K |
| Summit Wealth Group, LLC | 0.07% | No change | 4,472 | $299K |
| UMB Bank, n.a. | 0.00% | No change | 4,472 | $299K |
| Apella Capital, LLC | 0.01% | New | 4,187 | $282K |
| First Citizens Asset Management, Inc. | 0.09% | Add +9.3% | 3,893 | $260K |
| Signal Advisors Wealth, LLC | 0.02% | Reduce -3.4% | 3,858 | $258K |
| Capital Investment Advisory Services, LLC | 0.02% | Add +19.0% | 3,845 | $257K |
| Sincerus Advisory, LLC | 0.22% | Reduce -7.6% | 3,753 | $251K |
| Concurrent Investment Advisors, LLC | 0.00% | Reduce -0.3% | 3,745 | $251K |
| D.A. Davidson & Co. | 0.00% | Reduce -37.8% | 3,742 | $250K |
| Carter Financial Group, INC. | 0.15% | Reduce -24.0% | 3,728 | $249K |
| Virtue Asset Management LLC | 0.21% | — | 3,707 | $248K |
| Condor Capital Management | 0.02% | No change | 3,697 | $247K |
| Orion Porfolio Solutions, LLC | 0.00% | Reduce -24.5% | 3,684 | $246K |
| Rockingstone Advisors LLC | 0.12% | No change | 3,550 | $237K |
| Topsail Wealth Management, LLC | 0.04% | Add +17.6% | 3,538 | $237K |
| FSC Wealth Advisors, LLC | 0.14% | New | 3,508 | $235K |
| Affinity Capital Advisors, LLC | 0.04% | Reduce -13.3% | 3,494 | $234K |
| Westside Investment Management, Inc. | 0.04% | No change | 3,447 | $231K |
| Mutual Advisors, LLC | 0.01% | Add +2.0% | 3,385 | $228K |
| Accurate Wealth Management, LLC | 0.03% | Reduce -0.4% | 3,376 | $226K |
| Independent Advisor Alliance | 0.01% | No change | 3,367 | $225K |
| First Citizens Investor Services, Inc. | 0.09% | — | 3,312 | $222K |
| EverSource Wealth Advisors, LLC | 0.01% | Reduce -43.8% | 3,234 | $216K |
| Strathmore Capital Advisors, Inc. | 0.08% | Reduce -6.1% | 3,097 | $207K |
| WPG Advisers, LLC | 0.16% | Reduce -0.4% | 3,036 | $203K |
| Retirement Planning Group, LLC | 0.01% | New | 3,029 | $203K |
| FMR LLC | 0.00% | Add +13.1% | 2,937 | $197K |
| Frazier Financial Advisors, LLC | 0.11% | Add +0.1% | 2,796 | $187K |
| Harbour Investments, Inc. | 0.00% | Add +3.3% | 2,566 | $172K |
| North Star Investment Management Corp. | 0.01% | Add +1.1% | 2,284 | $153K |
| Deutsche Bank AG | 0.00% | No change | 2,189 | $146K |
| Union Bancaire Privee, UBP SA | 0.00% | No change | 2,535 | $145K |
| Golden State Wealth Management, LLC | 0.02% | Add +51.2% | 2,151 | $144K |
| MAI Capital Management | 0.00% | Reduce -2.4% | 2,090 | $140K |
| Bank of Montreal | 0.00% | Add +5435.7% | 1,550 | $104K |
| Steward Partners Investment Advisory, LLC | 0.00% | Add +11.3% | 1,364 | $91K |
| Glass Jacobson Investment Advisors llc | 0.03% | Add +3.7% | 1,160 | $78K |
| Ancora Advisors LLC | 0.00% | Reduce -4.5% | 1,130 | $76K |
| Johnson Financial Group, Inc. | 0.00% | No change | 1,085 | $73K |
| CoreCap Advisors, LLC | 0.00% | Reduce -4.6% | 987 | $66K |
| Medallion Wealth Advisors, LLC | 0.02% | No change | 894 | $60K |
| Bogart Wealth, LLC | 0.00% | No change | 866 | $58K |
| Global Retirement Partners, LLC | 0.00% | Add +32.6% | 777 | $52K |
| AE Wealth Management LLC | 0.00% | Reduce -39.9% | 736 | $49K |
| Cape Investment Advisory, Inc. | 0.04% | Reduce -33.9% | 641 | $43K |
| Cardiff Park Advisors, LLC | 0.00% | No change | 625 | $42K |
| Tsfg, LLC | 0.01% | Add +1.6% | 619 | $41K |
| Coastline Trust Co | 0.00% | No change | 579 | $39K |
| Parallel Advisors, LLC | 0.00% | Reduce -8.0% | 544 | $36K |
| Brown, Lisle/Cummings, Inc. | 0.01% | No change | 525 | $35K |
| National Bank of Canada | 0.00% | Add +18.2% | 506 | $34K |
| Evelyn Partners Investment Management LLP | 0.00% | No change | 460 | $31K |
| Quaker Wealth Management, LLC | 0.01% | Add +1.5% | 410 | $27K |
| Pflug Koory, LLC | 0.01% | No change | 386 | $26K |
| O'shaughnessy Asset Management, LLC | 0.00% | Reduce -0.5% | 379 | $25K |
| Smallwood Wealth Investment Management, LLC | 0.01% | No change | 374 | $25K |
| Sound Income Strategies, LLC | 0.00% | Reduce -5.1% | 369 | $25K |
| GPS Wealth Strategies Group, LLC | 0.00% | Reduce -7.3% | 345 | $23K |
| Center for Financial Planning, Inc. | 0.00% | Add +34.3% | 278 | $19K |
| Anfield Capital Management, LLC | 0.01% | No change | 264 | $18K |
| Rossby Financial, LCC | 0.01% | Add +8.2% | 251 | $17K |
| Private Trust Co. NA | 0.00% | No change | 244 | $16K |
| Root Financial Partners, LLC | 0.00% | New | 227 | $15K |
| Signature Resources Capital Management, LLC | 0.01% | No change | 227 | $15K |
| Daiwa Securities Group Inc. | 0.00% | No change | 228 | $15K |
| 10Elms LLP | 0.01% | No change | 200 | $13K |
| Lowe Wealth Advisors, LLC | 0.00% | No change | 200 | $13K |
| Roehl & Yi Investment Advisors, LLC | 0.01% | No change | 12,162 | $12K |
| Transce3nd, LLC | 0.10% | Reduce -98.9% | 170 | $11K |
| AlphaCore Capital LLC | 0.00% | No change | 150 | $10K |
| Federation des caisses Desjardins du Quebec | 0.00% | No change | 150 | $10K |
| Delos Wealth Advisors, LLC | 0.01% | No change | 134 | $9K |
| Asset Dedication, LLC | 0.00% | Reduce -51.9% | 129 | $9K |
| Realta Investment Advisors | 0.00% | Add +34.8% | 120 | $8K |
| Main Street Group, LTD | 0.00% | No change | 118 | $8K |
| Turning Point Benefit Group, Inc. | 0.00% | New | 87 | $6K |
| Brown Brothers Harriman & Co. | 0.00% | No change | 85 | $6K |
| Allworth Financial LP | 0.00% | Reduce -80.6% | 83 | $6K |
| Abich Financial Wealth Management LLC | 0.00% | — | 81 | $5K |
| Evelyn Partners Asset Management Ltd | 0.00% | Reduce -11.9% | 74 | $5K |
| Cary Street Partners Investment Advisory LLC | 0.00% | No change | 73 | $5K |
| CVA Family Office, LLC | 0.00% | Add +1.6% | 62 | $4K |
| Salem Investment Counselors Inc. | 0.00% | New | 58 | $4K |
| Granite FO LLC | 0.00% | No change | 58 | $4K |
| Tompkins Financial Corp. | 0.00% | No change | 52 | $3K |
| Aptus Capital Advisors, LLC | 0.00% | Reduce -70.2% | 48 | $3K |
| Horizon Investments, LLC | 0.00% | New | 48 | $3K |
| HFM Investment Advisors, LLC | 0.00% | Add +176.5% | 47 | $3K |
| GAMMA Investing LLC | 0.00% | No change | 44 | $3K |
| Qube Research & Technologies Ltd | 0.00% | No change | 44 | $3K |
| Founders Financial Alliance, LLC | 0.00% | New | 37 | $2K |
| JFS Wealth Advisors, LLC | 0.00% | No change | 30 | $2K |
| Front Row Advisors LLC | 0.00% | No change | 25 | $2K |
| Dynamic Wealth Strategies, LLC | 0.00% | New | 22 | $1K |
| LGT Financial Advisors LLC | 0.00% | No change | 21 | $1K |
| Principia Wealth Advisory, LLC | 0.00% | New | 18 | $1K |
| Princeton Global Asset Management LLC | 0.00% | New | 18 | $1K |
| Signaturefd, LLC | 0.00% | Add +6.3% | 17 | $1K |
| Tortoise Investment Management, LLC | 0.00% | Add +30.8% | 17 | $1K |
| Annis Gardner Whiting Capital Advisors, LLC | 0.00% | Reduce -33.3% | 16 | $1K |
| Evolution Advisers, Inc. | 0.00% | No change | 15 | $1K |
| Legacy Wealth Managment, LLC | 0.00% | No change | 11 | $736 |
| Kilter Group LLC | 0.00% | Reduce -22.2% | 7 | $469 |
| CENTRAL TRUST Co | 0.00% | Reduce -75.0% | 5 | $335 |
| Spurstone Advisory Services, LLC | 0.00% | No change | 3 | $200 |
| Key Financial Inc | 0.00% | No change | 2 | $134 |
| Global Wealth Strategies & Associates | 0.00% | No change | 2 | $134 |
| NBT Bank, N.A. | 0.00% | Add +6600.0% | 67 | $67 |
| American National Bank & Trust | 0.00% | No change | 1 | $67 |
| Glassman Wealth Services | 0.00% | No change | 1 | $67 |
| St Germain D J Co. Inc. | 0.00% | No change | 1 | $59 |
"% of holder's portfolio" is VWOB's weight in each manager's 13F, not the share of Vanguard Emerg MKTS Gov BND the manager owns.