VUSB Holdings and Portfolio Weights Page 3 - VANGUARD ULTRA-SHORT BOND ETF

VUSB ETF holdings Page 3

Weights reproduce the dated portfolio and may not sum to exactly 100% because of cash, derivatives, rounding, liabilities, or other positions. Provenance stays internal.

Snapshot field	Reported value
Fund	VANGUARD ULTRA-SHORT BOND ETF
Report date	2026-03-31
Reported holdings	1,294
SEC series ID	S000071399

Positions 201–300 of 1,294

Ticker	Issuer	Weight	Value (USD)	Balance
Westlake Automobile Receivables Trust 2026-1	Westlake Automobile Receivables Trust 2026-1	0.137423%	11,263,559.54	11,350,000 PA
HSBC Holdings PLC	HSBC Holdings PLC	0.137404%	11,262,003.27	11,140,000 PA
National Grid PLC	National Grid PLC	0.137361%	11,258,422.34	11,000,000 PA
HONA	Honeywell Aerospace Inc	0.137293%	11,252,903.12	11,333,000 PA
Oman Government International Bond	Oman Government International Bond	0.137027%	11,231,087.51	11,238,000 PA
Bank of America Corp	Bank of America Corp	0.134175%	10,997,323.48	11,000,000 PA
Morgan Stanley Private Bank NA	Morgan Stanley Private Bank NA	0.133728%	10,960,689.19	11,000,000 PA
Bank of New York Mellon Corp/The	Bank of New York Mellon Corp/The	0.133227%	10,919,658.64	10,967,000 PA
PNC Bank NA	PNC Bank NA	0.132769%	10,882,099.91	10,885,000 PA
Wells Fargo & Co	Wells Fargo & Co	0.132465%	10,857,184.27	10,718,000 PA
Air Lease Corp	Air Lease Corp	0.132285%	10,842,433.29	10,625,000 PA
HPQ	HP Inc	0.131862%	10,807,768.92	10,754,000 PA
Toyota Lease Owner Trust	Toyota Lease Owner Trust	0.131443%	10,773,410.26	10,720,000 PA
T-Mobile USA Inc	T-Mobile USA Inc	0.130973%	10,734,921.41	11,192,000 PA
Mizuho Financial Group Inc	Mizuho Financial Group Inc	0.130698%	10,712,324.24	10,763,000 PA
ING Groep NV	ING Groep NV	0.130038%	10,658,232.76	10,595,000 PA
Willis North America Inc	Willis North America Inc	0.129739%	10,633,731.65	10,615,000 PA
Santander Drive Auto Receivables Trust 2026-1	Santander Drive Auto Receivables Trust 2026-1	0.129531%	10,616,714.81	10,730,000 PA
Volkswagen Auto Lease Trust 2025-A	Volkswagen Auto Lease Trust 2025-A	0.128653%	10,544,711.64	10,490,000 PA
Citibank NA	Citibank NA	0.128514%	10,533,337.4	10,500,000 PA
T-Mobile US Trust 2025-2	T-Mobile US Trust 2025-2	0.128045%	10,494,907.8	10,480,000 PA
Structured Agency Credit Risk 2026-DNA1	Structured Agency Credit Risk 2026-DNA1	0.127992%	10,490,533.2	10,510,500 PA
Glencore Funding LLC	Glencore Funding LLC	0.127978%	10,489,404.52	10,534,000 PA
Banque Federative du Credit Mutuel SA	Banque Federative du Credit Mutuel SA	0.127426%	10,444,172.65	10,400,000 PA
Nomura Holdings Inc	Nomura Holdings Inc	0.126506%	10,368,724.38	10,240,000 PA
Synchrony Card Funding LLC	Synchrony Card Funding LLC	0.126184%	10,342,341	10,280,000 PA
Santander Drive Auto Receivables Trust 2025-3	Santander Drive Auto Receivables Trust 2025-3	0.126096%	10,335,134.28	10,320,000 PA
Banco Santander SA	Banco Santander SA	0.125597%	10,294,236.41	10,329,000 PA
Ford Credit Auto Owner Trust 2022-REV1	Ford Credit Auto Owner Trust 2022-REV1	0.125296%	10,269,558.35	10,300,000 PA
Banco Santander SA	Banco Santander SA	0.124961%	10,242,142.22	10,200,000 PA
Westlake Automobile Receivables Trust 2025-3	Westlake Automobile Receivables Trust 2025-3	0.124923%	10,238,978.05	10,240,000 PA
BNS	Bank of Nova Scotia/The	0.124891%	10,236,396.29	10,150,000 PA
DAL	Delta Air Lines Inc	0.12489%	10,236,267.12	10,200,000 PA
Westlake Automobile Receivables Trust 2026-P1	Westlake Automobile Receivables Trust 2026-P1	0.124731%	10,223,287.3	10,280,000 PA
John Deere Capital Corp	John Deere Capital Corp	0.124169%	10,177,204.33	10,200,000 PA
Penske Truck Leasing Co Lp / PTL Finance Corp	Penske Truck Leasing Co Lp / PTL Finance Corp	0.123464%	10,119,447.34	9,955,000 PA
Nelnet Student Loan Trust 2026-A	Nelnet Student Loan Trust 2026-A	0.123338%	10,109,061.63	10,070,186.68 PA
SA Global Sukuk Ltd	SA Global Sukuk Ltd	0.122369%	10,029,679.26	10,097,000 PA
Nissan Auto Lease Trust 2025-A	Nissan Auto Lease Trust 2025-A	0.122093%	10,007,094.01	9,940,000 PA
Goldman Sachs Group Inc/The	Goldman Sachs Group Inc/The	0.121865%	9,988,328.4	10,000,000 PA
BRO	Brown & Brown Inc	0.121765%	9,980,208.1	9,950,000 PA
SFS Auto Receivables Securitization Trust 2025-2	SFS Auto Receivables Securitization Trust 2025-2	0.121754%	9,979,272.9	9,950,000 PA
Fifth Third Bank NA	Fifth Third Bank NA	0.121549%	9,962,439.5	9,960,000 PA
Truist Bank	Truist Bank	0.121512%	9,959,449.8	10,010,000 PA
Mizuho Financial Group Inc	Mizuho Financial Group Inc	0.121342%	9,945,525.95	9,710,000 PA
DCP Midstream Operating LP	DCP Midstream Operating LP	0.121245%	9,937,557.47	9,810,000 PA
Hewlett Packard Enterprise Co	Hewlett Packard Enterprise Co	0.120952%	9,913,507.39	9,970,000 PA
Morgan Stanley Private Bank NA	Morgan Stanley Private Bank NA	0.120892%	9,908,642.3	10,000,000 PA
PFS Financing Corp	PFS Financing Corp	0.120613%	9,885,716.4	9,778,000 PA
Freddie Mac Stacr Remic Trust 2025-Dna3	Freddie Mac Stacr Remic Trust 2025-Dna3	0.119171%	9,767,587	9,788,250 PA
Goldman Sachs Group Inc/The	Goldman Sachs Group Inc/The	0.119024%	9,755,541.03	9,917,000 PA
Drive Auto Receivables Trust 2025-2	Drive Auto Receivables Trust 2025-2	0.118978%	9,751,768.42	9,760,000 PA
Equitable America Global Funding	Equitable America Global Funding	0.118624%	9,722,764.34	9,722,000 PA
Sumitomo Mitsui Trust Bank Ltd	Sumitomo Mitsui Trust Bank Ltd	0.117703%	9,647,264.22	9,640,000 PA
Mitsubishi Corp	Mitsubishi Corp	0.117617%	9,640,203.72	9,639,000 PA
AMZN	Amazon.com Inc	0.117257%	9,610,688.41	9,650,000 PA
Chase Auto Credit Linked Notes Series 2025-1	Chase Auto Credit Linked Notes Series 2025-1	0.116879%	9,579,723.9	9,545,514.68 PA
Telefonica Emisiones SA	Telefonica Emisiones SA	0.116559%	9,553,432.44	9,594,000 PA
American Heritage Auto Receivables Trust 2024-1	American Heritage Auto Receivables Trust 2024-1	0.116505%	9,549,007.65	9,500,000 PA
HSBC Holdings PLC	HSBC Holdings PLC	0.116353%	9,536,596.77	9,891,000 PA
Israel Government International Bond	Israel Government International Bond	0.115784%	9,489,978.67	8,142,000 PA
Connecticut Avenue Securities Trust 2026-R01	Connecticut Avenue Securities Trust 2026-R01	0.115488%	9,465,686.82	9,525,219.44 PA
HSBC Holdings PLC	HSBC Holdings PLC	0.115438%	9,461,628.83	9,440,000 PA
SON	Sonoco Products Co	0.114838%	9,412,407.53	9,414,000 PA
Volkswagen Group of America Finance LLC	Volkswagen Group of America Finance LLC	0.114807%	9,409,835.53	9,390,000 PA
Corebridge Global Funding	Corebridge Global Funding	0.114612%	9,393,880.76	9,370,000 PA
AutoNation Finance Trust 2026-1	AutoNation Finance Trust 2026-1	0.114412%	9,377,461.16	9,410,000 PA
Valero Energy Corp	Valero Energy Corp	0.114061%	9,348,721.65	9,343,000 PA
Republic of Poland Government International Bond	Republic of Poland Government International Bond	0.113491%	9,302,000	9,302,000 PA
Morgan Stanley	Morgan Stanley	0.113414%	9,295,661.75	9,190,000 PA
NextEra Energy Capital Holdings Inc	NextEra Energy Capital Holdings Inc	0.112863%	9,250,551.96	9,205,000 PA
HSBC Holdings PLC	HSBC Holdings PLC	0.11274%	9,240,459.79	9,169,000 PA
Exeter Automobile Receivables Trust 2026-1	Exeter Automobile Receivables Trust 2026-1	0.112127%	9,190,179.75	9,220,000 PA
Commonwealth Bank of Australia	Commonwealth Bank of Australia	0.11172%	9,156,889.19	9,129,000 PA
Citigroup Inc	Citigroup Inc	0.111405%	9,131,073.52	9,227,000 PA
Bank of New York Mellon/The	Bank of New York Mellon/The	0.110562%	9,061,925.76	9,000,000 PA
MOS	Mosaic Co/The	0.110354%	9,044,865.53	9,108,000 PA
ArcelorMittal SA	ArcelorMittal SA	0.110279%	9,038,718.5	8,770,000 PA
JPMorgan Chase & Co	JPMorgan Chase & Co	0.110052%	9,020,129.67	9,000,000 PA
Air Lease Corp	Air Lease Corp	0.109936%	9,010,672.38	9,000,000 PA
Rio Tinto Finance USA PLC	Rio Tinto Finance USA PLC	0.109883%	9,006,328.59	8,970,000 PA
Corebridge Global Funding	Corebridge Global Funding	0.109797%	8,999,281.44	9,000,000 PA
Glencore Funding LLC	Glencore Funding LLC	0.109788%	8,998,491.55	9,082,000 PA
KVUE	Kenvue Inc	0.109608%	8,983,740.98	8,846,000 PA
Sumitomo Mitsui Financial Group Inc	Sumitomo Mitsui Financial Group Inc	0.109392%	8,966,085.66	9,000,000 PA
GLS Auto Select Receivables Issuer Trust 2025-4	GLS Auto Select Receivables Issuer Trust 2025-4	0.109104%	8,942,427.9	8,964,416.72 PA
MPLX LP	MPLX LP	0.108943%	8,929,208.88	9,000,000 PA
FirstEnergy Pennsylvania Electric Co	FirstEnergy Pennsylvania Electric Co	0.108375%	8,882,659.13	8,910,000 PA
Santander Drive Auto Receivables Trust 2025-1	Santander Drive Auto Receivables Trust 2025-1	0.108054%	8,856,392.31	8,840,490.04 PA
Harley-Davidson Motorcycle Tru	Harley-Davidson Motorcycle Tru	0.107505%	8,811,374.25	8,750,000 PA
Ford Credit Auto Owner Trust 2022-REV1	Ford Credit Auto Owner Trust 2022-REV1	0.107381%	8,801,256.64	8,800,000 PA
Bank of New York Mellon Corp/The	Bank of New York Mellon Corp/The	0.107285%	8,793,329.39	8,782,000 PA
Royal Bank of Canada	Royal Bank of Canada	0.107023%	8,771,861.49	8,772,000 PA
Ford Credit Floorplan Master Owner Trust A	Ford Credit Floorplan Master Owner Trust A	0.106757%	8,750,104.72	8,650,000 PA
Nissan Auto Lease Trust 2025-B	Nissan Auto Lease Trust 2025-B	0.106362%	8,717,702.25	8,710,000 PA
HSBC Holdings PLC	HSBC Holdings PLC	0.106079%	8,694,527.28	8,450,000 PA
Nissan Auto Lease Trust 2026-A	Nissan Auto Lease Trust 2026-A	0.106078%	8,694,392.96	8,800,000 PA
MAR	Marriott International Inc/MD	0.105986%	8,686,918.07	8,700,000 PA
Santander Drive Auto Receivables Trust 2025-1	Santander Drive Auto Receivables Trust 2025-1	0.10588%	8,678,177.44	8,600,000 PA
Oman Government International Bond	Oman Government International Bond	0.105623%	8,657,137.4	8,425,000 PA