Who Owns VANGUARD MUN BD FDS (VSDM)? -- Institutional Holders (2026-03-31)

104 institutions reported holding $178.1M of VANGUARD MUN BD FDS (VSDM) in SEC 13F filings for 2026-03-31. Largest institutional holders: Capital Investment Services of America, Inc. ($19.5M), Mills Wealth Advisors LLC ($13.0M), TRUIST FINANCIAL CORP ($11.5M), Opus Capital Group, LLC ($10.2M), S.A. Mason LLC ($9.1M). Source: SEC Form 13F.

RankInstitutionValueSharesChange
1Capital Investment Services of America, Inc.$19.5M256,084Added
2Mills Wealth Advisors LLC$13.0M170,012Added
3TRUIST FINANCIAL CORP$11.5M150,740Added
4Opus Capital Group, LLC$10.2M134,358Added
5S.A. Mason LLC$9.1M119,047Added
6American Investment Services, Inc.$8.9M116,464Added
7Keystone Financial Group, Inc.$8.6M112,123Added
8CGN Advisors LLC$7.9M104,157Added
9MOSAIC FAMILY WEALTH PARTNERS, LLC$4.5M58,614Added
10Alliance Private Wealth, LLC$4.2M54,937Added
11MASTER'S WEALTH MANAGEMENT INC.$4.0M52,711Added
12RW Investment Management LLC$3.8M49,972New
13IRON Financial LLC$3.5M45,262New
14Bank of New York Mellon Corp$3.3M42,748New
15Belpointe Asset Management LLC$3.1M40,621New
16COMMONWEALTH EQUITY SERVICES, LLC$2.9M38,218Added
17Rialto Wealth Management, LLC$2.8M36,598Added
18Dakota Wealth Management$2.5M32,674Trimmed
19Professional Financial Advisors, LLC$2.5M32,565New
20Topsail Wealth Management, LLC$2.5M32,262Added
21Harbor Group, Inc.$2.4M31,458Added
22Platt Wealth Management LLC$2.1M26,960Added
23Aprio Wealth Management, LLC$2.1M26,945Hold
24JONES FINANCIAL COMPANIES LLLP$2.0M25,708Added
25Beaird Harris Wealth Management, LLC$2.0M25,641New

Source: SEC Form 13F filings · as of 2026-03-31