Betterment LLC Portfolio holdings

AUM $42.2B

AUM

$42.2B

AUM Growth

+$206M (+0.5%)

Cap. Flow

+$479M

Cap. Flow % of AUM

1.14%

Top 10 Holdings %Top 10 Hldgs %

68.81%

Holding

472

New

Increased

265

Reduced

163

Closed

Top Buys

1	SPDR Portfolio S&P 500 ETF SPLG	$788M
2	iShares Core US Aggregate Bond ETF AGG	$196M
3	Schwab US Large- Cap ETF SCHX	$159M
4	JPMorgan Ultra-Short Income ETF JPST	$150M
5	SPDR Nuveen ICE Municipal Bond ETF TFI	$94.4M

Top Sells

1	Vanguard Total Stock Market ETF VTI	$240M
2	Vanguard FTSE Emerging Markets ETF VWO	$181M
3	Vanguard FTSE Developed Markets ETF VEA	$178M
4	Vanguard Total International Bond ETF BNDX	$126M
5	iShares JPMorgan USD Emerging Markets Bond ETF EMB	$95.8M

Sector Composition

1	Technology	0.03%
2	Consumer Discretionary	0.01%
3	Financials	0.01%
4	Communication Services	0.01%
5	Consumer Staples	0%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Vanguard Total Stock Market ETF VTI $503B	$7.17B	17.01%	26,094,613 -874,483	-3%	-$240M
2	2 Vanguard FTSE Developed Markets ETF VEA $163B	$6.81B	16.16%	133,982,969 -3,502,207	-3%	-$178M
3	3 SPDR Portfolio S&P 500 ETF SPLG $74.2B	$4.27B	10.12%	64,900,904 +11,988,520	+23%	+$788M
4	4 Vanguard FTSE Emerging Markets ETF VWO $91.8B	$2.53B	5.99%	55,807,069 -3,992,322	-7%	-$181M
5	5 iShares Core US Aggregate Bond ETF AGG $128B	$2.16B	5.13%	21,876,462 +1,983,074	+10%	+$196M
6	6 iShares National Muni Bond ETF MUB $38.5B	$1.94B	4.6%	18,408,702 +150,443	+0.8%	+$15.9M
7	7 iShares Core S&P Total US Stock Market ETF ITOT $70.9B	$1.41B	3.34%	11,538,827 -262,047	-2%	-$32M
8	8 SPDR Portfolio S&P 400 Mid Cap ETF SPMD $13.5B	$915M	2.17%	17,884,123 -48,865	-0.3%	-$2.5M
9	9 Vanguard Value ETF VTV $140B	$903M	2.14%	5,225,476 -223,195	-4%	-$38.6M
10	10 Vanguard Total International Bond ETF BNDX $67.1B	$896M	2.13%	18,361,230 -2,580,844	-12%	-$126M
11	11 iShares Core MSCI EAFE ETF IEFA $142B	$807M	1.92%	10,672,579 -693,970	-6%	-$52.5M
12	12 iShares JPMorgan USD Emerging Markets Bond ETF EMB $13.8B	$723M	1.71%	7,977,068 -1,056,968	-12%	-$95.8M
13	13 Vanguard Mid-Cap Value ETF VOE $18.1B	$689M	1.63%	4,291,924 -217,175	-5%	-$34.9M
14	14 SPDR Portfolio S&P 600 Small Cap ETF SPSM $11.7B	$658M	1.56%	16,131,496 -32,224	-0.2%	-$1.31M
15	15 Vanguard Small-Cap Value ETF VBR $30.3B	$625M	1.48%	3,353,053 -193,719	-5%	-$36.1M
16	16 Goldman Sachs ActiveBeta US Large Cap Equity ETF GSLC $13.9B	$584M	1.39%	5,305,878 -40,304	-0.8%	-$4.44M
17	17 Goldman Sachs Access Treasury 0-1 Year ETF GBIL $6.36B	$565M	1.34%	5,641,890 +13,922	+0.3%	+$1.39M
18	18 Schwab International Equity ETF SCHF $48.8B	$467M	1.11%	23,595,575 -954,544	-4%	-$18.9M
19	19 JPMorgan Ultra-Short Income ETF JPST $31.9B	$465M	1.1%	9,185,647 +2,969,594	+48%	+$150M
20	20 iShares ESG Aware MSCI USA ETF ESGU $13.9B	$416M	0.99%	3,414,311 +137,039	+4%	+$16.7M
21	21 SPDR Nuveen ICE Municipal Bond ETF TFI $3.21B	$414M	0.98%	9,181,983 +2,094,084	+30%	+$94.4M
22	22 iShares Core MSCI Emerging Markets ETF IEMG $96.6B	$403M	0.96%	7,467,240 -539,617	-7%	-$29.1M
23	23 iShares 0-5 Year TIPS Bond ETF STIP $12.7B	$395M	0.94%	3,822,211 -228,251	-6%	-$23.6M
24	24 Schwab US Broad Market ETF SCHB $34.7B	$371M	0.88%	17,254,102 -519,518	-3%	-$11.2M
25	25 Schwab US Large- Cap ETF SCHX $56.4B	$292M	0.69%	13,225,086 +7,201,786	+120%	+$159M