Vanguard Total Bond Market ETF (BND) is held by institutional investors who disclose positions via SEC 13F filings. View the full list of institutional holders on HoldingsIntel.

Are institutions buying or selling BND?

HoldingsIntel tracks quarter-over-quarter changes in institutional positions for Vanguard Total Bond Market ETF, showing new buyers, position increases, decreases, and exits with conviction-weighted sentiment.

What is the Smart Money Verdict on BND?

The Smart Money Verdict combines four independent signals (institutional 13F activity, insider trades, activist filings, and congressional trades) into a single assessment for Vanguard Total Bond Market ETF.

Is institutional money flowing into BND?

159 institutional investors hold Vanguard Total Bond Market ETF (BND). View detailed buyer/seller breakdown on HoldingsIntel.

What do hedge funds think about BND?

Track institutional sentiment and conviction scores for Vanguard Total Bond Market ETF (BND) including Smart Money Verdict and position changes on HoldingsIntel.

Vanguard Total Bond Market ETF

BND·921937835·US·etf·Unknown - Unknown

TOTAL BND MRKT

BND (Vanguard Total Bond Market ETF) is held by 159 institutional investors as of Q4 2025. Largest holders: JPMORGAN CHASE & CO ($10.3B), NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO ($9.7B), MORGAN STANLEY ($9.3B). Net institutional sentiment: Bullish.

159

Holders

Avg rating(19 Elite)

$66.5B

Total Value

68% (166)

Fund Consensus

108 buying - 50 selling

Smart Money VerdictView all

69Positive Momentum (Unconfirmed)Single Source

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See how BND's score breaks down across 4 SEC sources

Held by 159 funds

19 elite

No recent insider, activist, or congressional trades found for this stock

13F: Dec 31, 2025Insider & Congress: Updated regularly

Fund	Action	Shares	Value	Weight	Est. P&L	Conviction
JPMORGAN CHASE & CO	Increased	139.6M(+6.3%)	$10.3B	0.6%	+6.58%	48
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	Increased	130.9M(+3.4%)	$9.7B	6.1%	+9.62%	64
MORGAN STANLEY	Increased	124.9M(+15.0%)	$9.3B	0.6%	+7.80%	52
Creative Planning	Decreased	117.8M(-5.7%)	$8.7B	6.2%	+6.59%	0
VANGUARD GROUP INC	Increased	78.9M(+9.7%)	$5.8B	0.1%	+4.45%	35
WELLS FARGO & COMPANY/MN	Decreased	24.6M(-5.6%)	$1.8B	0.3%	+12.56%	0
BANK OF AMERICA CORP /DE/	Increased	24M(+4.5%)	$1.8B	0.1%	+6.38%	40
ENVESTNET ASSET MANAGEMENT INC	Decreased	21.5M(-0.6%)	$1.6B	0.5%	+9.14%	0
Allworth Financial LP	Increased	21.3M(+3.1%)	$1.6B	6.5%	+8.04%	64
LPL Financial LLC	Increased	18.6M(+5.5%)	$1.4B	0.4%	+6.88%	40
SEI INVESTMENTS CO	Increased	17.9M(+5.8%)	$1.3B	1.3%	+6.58%	53
GOLDMAN SACHS GROUP INC	Increased	14.3M(+0.1%)	$1.1B	0.1%	+7.62%	38
MANUFACTURERS LIFE INSURANCE COMPANY, THE	Decreased	12.9M(-5.2%)	$954.6M	0.8%	+9.47%	0
Mastercard Foundation Asset Management Corp	Unchanged	8.9M	$656.5M	1.6%	+5.41%	0
BlackRock, Inc.	Increased	8.6M(+4.6%)	$634.9M	0.0%	+7.51%	33
Savant Capital, LLC	Increased	8.1M(+16.4%)	$596.6M	3.4%	+6.08%	67
RAYMOND JAMES FINANCIAL INC	Increased	7.7M(+12.6%)	$572.9M	0.2%	+6.65%	42
Cetera Investment Advisers	Increased	7.7M(+3.8%)	$569.7M	0.6%	+8.29%	46
UBS Group AG	Increased	6.2M(+2.4%)	$460.4M	0.1%	+7.81%	32
AMERIPRISE FINANCIAL INC	Increased	6M(+8.7%)	$441.2M	0.1%	+7.55%	34
ROYAL BANK OF CANADA	Increased	5.5M(+4.9%)	$403.8M	0.1%	+6.91%	33
STATE STREET CORP	Increased	5.2M(+18.1%)	$384.7M	0.0%	+6.20%	36
Bank of New York Mellon Corp	Increased	5.2M(+0.6%)	$383M	0.1%	+2.14%	31
ASSETMARK, INC	Increased	4.6M(+2.5%)	$343.5M	0.7%	+5.70%	45
Corient Private Wealth LLC	Increased	4.2M(+49.7%)	$306.9M	0.4%	+5.14%	51
HighTower Advisors, LLC	Increased	4.1M(+2.0%)	$301.6M	0.3%	+6.99%	38
PNC FINANCIAL SERVICES GROUP, INC.	Increased	3.7M(+3.5%)	$276.8M	0.2%	+2.63%	38
FRANKLIN RESOURCES INC	Increased	3.6M(+2.2%)	$269M	0.1%	+4.67%	31
JONES FINANCIAL COMPANIES LLLP	Increased	3.6M(+6.0%)	$265.2M	0.2%	+9.04%	39
Retirement Systems of Alabama	Decreased	3M(-0.5%)	$222.3M	0.7%	+8.09%	0
MML INVESTORS SERVICES, LLC	Increased	2.8M(+10.6%)	$206.3M	0.5%	+7.73%	48
TRUIST FINANCIAL CORP	Increased	2.8M(+1.9%)	$206.1M	0.3%	+6.08%	37
TIAA TRUST, NATIONAL ASSOCIATION	Decreased	2.3M(-7.5%)	$171.7M	0.4%	+13.13%	0
OSAIC HOLDINGS, INC.	Decreased	2.2M(-0.8%)	$159.5M	0.2%	+5.09%	0
Wealthfront Advisers LLC	Increased	1.8M(+5.1%)	$129.9M	0.3%	+5.55%	38
Beacon Pointe Advisors, LLC	Increased	1.7M(+27.9%)	$127.9M	0.9%	+6.57%	53
COMMONWEALTH EQUITY SERVICES, LLC	Increased	1.7M(+1.2%)	$125.1M	0.2%	+6.75%	36
Mariner, LLC	Increased	1.7M(+5.3%)	$124.7M	0.1%	+10.11%	38
Envestnet Portfolio Solutions, Inc.	Increased	1.5M(+5.7%)	$112.3M	0.4%	+13.61%	38
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	Increased	1.4M(+1.4%)	$106.9M	0.1%	+10.26%	36
Pathstone Holdings, LLC	Decreased	1.3M(-0.7%)	$96.1M	0.4%	+7.36%	0
Kestra Advisory Services, LLC	Increased	1.3M(+3.5%)	$95M	0.4%	+3.54%	37
ALPS ADVISORS INC	Increased	1.3M(+5.1%)	$94.6M	0.6%	+9.50%	44
PRUDENTIAL FINANCIAL INC	Decreased	1.3M(-9.5%)	$93.5M	0.1%	+6.81%	0
MERCER GLOBAL ADVISORS INC /ADV	Increased	1.2M(+5.4%)	$86.4M	0.1%	+5.69%	38
Integrated Wealth Concepts LLC	Increased	1.2M(+2.4%)	$85.5M	1.0%	+7.87%	48
NewEdge Advisors, LLC	Increased	1.1M(+6.5%)	$80.6M	0.3%	+8.62%	38
Focus Partners Wealth	Increased	1.1M(+6.5%)	$77.8M	0.1%	+8.29%	32
Financial Engines Advisors L.L.C.	Increased	1M(+0.3%)	$76.7M	0.1%	+11.49%	35
COMERICA BANK	Increased	1M(+5.6%)	$76M	0.3%	+13.45%	38
Merit Financial Group, LLC	Decreased	1M(-2.0%)	$75.2M	0.6%	+6.07%	0
US BANCORP \DE\	Increased	1M(+69.7%)	$75M	0.1%	+7.65%	44
Cerity Partners LLC	Increased	976,109(+16.4%)	$72.3M	0.1%	+8.18%	41
Farther Finance Advisors, LLC	Increased	932,412(+23.6%)	$69.1M	0.7%	+4.87%	51
VICTORY CAPITAL MANAGEMENT INC	Increased	886,213(+40.5%)	$65.6M	0.0%	+4.13%	39
NEOS Investment Management LLC	Increased	882,131(+24.2%)	$65.3M	0.4%	+4.93%	43
Sumitomo Mitsui DS Asset Management Company, Ltd	Increased	779,726(+33.5%)	$57.8M	0.5%	+5.85%	45
ALLIANCEBERNSTEIN L.P.	Increased	774,796(+4.4%)	$57.4M	0.0%	+7.41%	31
STIFEL FINANCIAL CORP	Increased	758,499(+15.6%)	$56.2M	0.1%	+5.81%	34
EP Wealth Advisors, LLC	Increased	758,193(+1015.4%)	$56.2M	0.3%	+1.65%	57
Wealthspire Advisors, LLC	Decreased	727,515(-46.2%)	$53.9M	0.4%	+5.92%	0
Equitable Holdings, Inc.	Increased	678,524(+1.9%)	$50.3M	0.3%	+7.09%	36
Boston Partners	Increased	620,871(+3.8%)	$46M	0.0%	+10.93%	30
OneDigital Investment Advisors LLC	Increased	577,158(+6.8%)	$42.8M	0.4%	+5.60%	37
&PARTNERS	Increased	558,741(+8.9%)	$41.8M	0.2%	+6.75%	38
CITIGROUP INC	Decreased	496,270(-56.2%)	$36.8M	0.0%	+5.04%	0
SCS Capital Management LLC	Decreased	454,125(-14.7%)	$33.6M	0.4%	+5.41%	0
Private Advisor Group, LLC	Decreased	440,085(-0.4%)	$32.6M	0.2%	+6.25%	0
Rockefeller Capital Management L.P.	Increased	1.9M(+692.0%)	$28.5M	0.1%	+1.47%	46
CAPTRUST FINANCIAL ADVISORS	Decreased	377,716(-7.8%)	$28M	0.1%	+9.42%	0
Gotham Asset Management, LLC	Increased	377,226(+4.8%)	$27.9M	0.1%	+11.34%	36
Allspring Global Investments Holdings, LLC	Decreased	360,439(-1.1%)	$26.7M	0.0%	+5.65%	0
BROWN ADVISORY INC	Increased	342,877(+181.2%)	$25.4M	0.0%	+4.68%	46
Waverly Advisors, LLC	Increased	340,430(+9.7%)	$25.2M	0.2%	+6.64%	38
BARCLAYS PLC	Increased	334,897(+35.3%)	$24.8M	0.0%	+7.05%	37
D.A. DAVIDSON & CO.	Decreased	320,092(-36.4%)	$23.7M	0.1%	+10.44%	0
BANK OF MONTREAL /CAN/	Increased	317,065(+9.5%)	$23.5M	0.0%	+5.99%	31
FMR LLC	Increased	309,033(+2.3%)	$22.9M	0.0%	+6.93%	29
NATIONAL BANK OF CANADA /FI/	Increased	288,273(+16.5%)	$21.3M	0.0%	+7.51%	33
AXXCESS WEALTH MANAGEMENT, LLC	Increased	287,153(+2.0%)	$21.3M	0.4%	+13.51%	35
BENJAMIN EDWARDS INC	Increased	280,899(+24.0%)	$20.8M	0.2%	+3.88%	41
Sanctuary Advisors, LLC	Increased	276,648(+0.3%)	$20.5M	0.1%	+7.86%	34
Steward Partners Investment Advisory, LLC	Increased	274,671(+3.5%)	$20.3M	0.1%	+8.50%	35
RWA WEALTH PARTNERS, LLC	Increased	258,238(+28.4%)	$19.1M	0.2%	+4.93%	42
UNITED CAPITAL FINANCIAL ADVISORS, LLC	Increased	253,956(+2129.6%)	$18.8M	0.1%	+1.17%	55
Asset Management One Co., Ltd.	Increased	220,160(+3.4%)	$16.4M	0.0%	+1.82%	29
FIL Ltd	Increased	217,316(+0.9%)	$16.1M	0.0%	+11.67%	28
MATHER GROUP, LLC.	Decreased	209,061(-1.4%)	$15.5M	0.2%	+10.52%	0
Mirae Asset Global Investments Co., Ltd.	Decreased	197,164(-1.8%)	$14.6M	0.0%	+7.93%	0
Pinnacle Financial Partners, Inc.	New	195,107	$14.5M	0.1%	+0.73%	46
Baird Financial Group, Inc.	Increased	193,401(+11.0%)	$14.3M	0.0%	+5.71%	31
NewEdge Wealth, LLC	Increased	181,182(+95.4%)	$13.4M	0.2%	+3.16%	53
Aptus Capital Advisors, LLC	Increased	178,936(+6.8%)	$13.3M	0.1%	+7.11%	30
O'SHAUGHNESSY ASSET MANAGEMENT, LLC	Increased	162,363(+0.3%)	$12M	0.1%	+5.39%	28
Mitsubishi UFJ Trust & Banking Corp	Unchanged	161,270	$11.9M	0.0%	+0.59%	0
Lido Advisors, LLC	Increased	159,724(+4.3%)	$11.9M	0.0%	+9.86%	29
Sequoia Financial Advisors, LLC	Decreased	138,470(-35.2%)	$10.3M	0.1%	+7.97%	0
FIFTH THIRD BANCORP	Decreased	129,162(-1.9%)	$9.6M	0.0%	+7.64%	0
Orion Porfolio Solutions, LLC	Increased	120,258(+12.1%)	$8.9M	0.1%	+8.49%	31
BNP PARIBAS FINANCIAL MARKETS	Increased	118,150(+75.5%)	$8.8M	0.0%	+3.32%	42
COMMERCE BANK	Increased	114,357(+11.3%)	$8.5M	0.0%	+6.87%	31
CIBC WORLD MARKET INC.	Decreased	108,159(-5.9%)	$8M	0.0%	+3.45%	0
IEQ CAPITAL, LLC	Increased	103,240(+40.1%)	$7.6M	0.0%	+2.65%	36
DEUTSCHE BANK AG\	Increased	103,197(+2.4%)	$7.6M	0.0%	+4.89%	28
1832 Asset Management L.P.	Decreased	97,909(-4.6%)	$7.3M	0.0%	+9.29%	0
CIBC WORLD MARKETS CORP	Increased	96,506(+5.9%)	$7.1M	0.0%	+10.51%	29
Fisher Asset Management, LLC	Increased	56,307(+2.8%)	$4.2M	0.0%	+13.16%	27
MAI Capital Management	Decreased	54,180(-8.6%)	$4M	0.0%	+4.65%	0
AQR CAPITAL MANAGEMENT LLC	Increased	53,618(+8.3%)	$4M	0.0%	+4.80%	29
Rathbones Group PLC	Decreased	52,232(-7.3%)	$3.9M	0.0%	+9.07%	0
Sarasin & Partners LLP	Decreased	51,869(-19.5%)	$3.8M	0.0%	+5.24%	0
BANK OF NOVA SCOTIA	Unchanged	48,637	$3.6M	0.0%	+7.96%	0
Amundi	Decreased	45,763(-4.1%)	$3.4M	0.0%	+5.91%	0
SCOTIA CAPITAL INC.	Decreased	44,780(-15.1%)	$3.3M	0.0%	+5.99%	0
Haverford Trust Co	Decreased	44,045(-7.8%)	$3.3M	0.0%	+2.15%	0
TD Waterhouse Canada Inc.	Increased	41,870(+9.1%)	$3.1M	0.0%	+7.04%	29
HB Wealth Management, LLC	Increased	41,086(+3.8%)	$3M	0.0%	+4.27%	27
MONETA GROUP INVESTMENT ADVISORS LLC	Increased	37,248(+2.1%)	$2.8M	0.0%	+9.39%	27
DAVENPORT & Co LLC	Increased	36,856(+5.8%)	$2.7M	0.0%	+5.71%	28
Empowered Funds, LLC	Decreased	35,834(-10.8%)	$2.7M	0.0%	+3.53%	0
HUNTINGTON NATIONAL BANK	Increased	35,401(+87.9%)	$2.6M	0.0%	+3.06%	41
NORTHERN TRUST CORP	Decreased	34,363(-3.7%)	$2.5M	0.0%	+8.47%	0
Neuberger Berman Group LLC	Decreased	31,973(-4.3%)	$2.4M	0.0%	+14.43%	0
AE Wealth Management LLC	Increased	29,512(+8.1%)	$2.2M	0.0%	+3.52%	28
Vontobel Holding Ltd.	Unchanged	29,050	$2.2M	0.0%	+7.96%	0
Cresset Asset Management, LLC	Decreased	27,401(-21.4%)	$2M	0.0%	+10.71%	0
REGIONS FINANCIAL CORP	Increased	26,884(+5.8%)	$2M	0.0%	+10.02%	27
SUSQUEHANNA INTERNATIONAL GROUP, LLP	Decreased	25,960(-71.5%)	$1.9M	0.0%	+2.76%	0
BLAIR WILLIAM & CO/IL	Increased	22,772(+5.3%)	$1.7M	0.0%	+9.88%	27
BROWN BROTHERS HARRIMAN & CO	Increased	22,209(+2293.2%)	$1.6M	0.0%	+0.95%	41
KING LUTHER CAPITAL MANAGEMENT CORP	Increased	21,741(+0.4%)	$1.6M	0.0%	+5.81%	26
FIRST MANHATTAN CO. LLC.	Decreased	19,756(-58.3%)	$1.5M	0.0%	+4.65%	0
Engineers Gate Manager LP	New	16,963	$1.3M	0.0%	+0.73%	35
M&T BANK CORP	Decreased	61,993(-98.4%)	$1.1M	0.0%	+7.99%	0
TUDOR INVESTMENT CORP ET AL	Increased	14,247(+166.6%)	$1.1M	0.0%	+1.15%	40
CIBC Private Wealth Group LLC	Decreased	13,990(-6.4%)	$1M	0.0%	+3.17%	0
DRIEHAUS CAPITAL MANAGEMENT LLC	Decreased	13,481(-13.4%)	$998,538	0.0%	+3.12%	0
Bank Julius Baer & Co. Ltd, Zurich	Increased	11,500(+9.8%)	$851,804	0.0%	+4.35%	27
MILLENNIUM MANAGEMENT LLC	Decreased	11,326(-83.8%)	$838,917	0.0%	+1.86%	0
KEYBANK NATIONAL ASSOCIATION/OH	Increased	10,327(+9.2%)	$764,923	0.0%	+7.48%	27
JANE STREET GROUP, LLC	New	9,208	$682,036	0.0%	+0.73%	34
Quantinno Capital Management LP	Increased	9,200(+25.6%)	$681,444	0.0%	+3.32%	30
Clark Capital Management Group, Inc.	Unchanged	8,025	$594,403	0.0%	+4.90%	0
ZACKS INVESTMENT MANAGEMENT	Decreased	7,654(-41.2%)	$566,951	0.0%	+5.81%	0
Empower Advisory Group, LLC	Decreased	6,841(-24.6%)	$506,723	0.0%	+5.81%	0
LAZARD ASSET MANAGEMENT LLC	Unchanged	6,113	$452,790	0.0%	+15.64%	0
Squarepoint Ops LLC	Increased	5,703(+27.7%)	$422,421	0.0%	+1.61%	30
Fiera Capital Corp	Increased	5,394(+48.5%)	$399,534	0.0%	+5.49%	33
Federation des caisses Desjardins du Quebec	Decreased	5,352(-3.8%)	$396,423	0.0%	+7.21%	0
Williams Jones Wealth Management, LLC.	Unchanged	4,533	$335,759	0.0%	+4.71%	0
Rakuten Investment Management, Inc.	Unchanged	4,493	$334,279	0.0%	+5.41%	0
XTX Topco Ltd	New	4,273	$316,501	0.0%	+0.73%	33
Allen Investment Management, LLC	New	4,068	$301,317	0.0%	+0.73%	32
PRINCIPAL FINANCIAL GROUP INC	New	3,742	$277,170	0.0%	+0.73%	32
London & Capital Asset Management Ltd	New	3,584	$265,449	0.0%	+0.73%	32
CULLEN/FROST BANKERS, INC.	Decreased	3,340(-26.6%)	$247,391	0.0%	+4.38%	0
WHITTIER TRUST CO	Increased	1,150(+5.7%)	$85,307	0.0%	+8.12%	23
Russell Investments Group, Ltd.	Increased	220(+1733.3%)	$16,313	0.0%	+0.94%	20
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	New	53	$3,926	0.0%	+0.73%	22
Qube Research & Technologies Ltd	Exited	0(-100.0%)	$113,563	0.0%	+1.12%	0
Kovitz Investment Group Partners, LLC	Exited	0(-100.0%)	$263,185	0.0%	+3.60%	0
RENAISSANCE TECHNOLOGIES LLC	Exited	0(-100.0%)	$3.5M	0.0%	+1.12%	0
TORONTO DOMINION BANK	Exited	0(-100.0%)	$591,836	0.0%	+3.60%	0
Quadrature Capital Ltd	Exited	0(-100.0%)	$6.3M	0.0%	+1.12%	0
CITADEL ADVISORS LLC	Exited	0(-100.0%)	$1.6M	0.0%	+1.12%	0
First Command Advisory Services, Inc.	Exited	0(-100.0%)	$118,554	0.0%	+1.15%	0

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