Skip to main content

Betterment LLC

SEC CIK
0001633901
Latest filing
Aug 14, 2026

Holdings in Q4 2022

Holdings as of Dec 31, 2022, filed Feb 13, 2023. Long positions only; changes compare share counts with Q3 2022.

Institution overview
Positions
252
+29 vs. Q3 2022
Portfolio value
$29.2B
+$1.19B (+4.3%) vs. Q3 2022
Filed
Feb 13, 2023
SEC
Holdings of Betterment LLC in Q4 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
Vanguard Morningstar Total Stock Market ETF922908769ETF28,847,527$5.52B18.9%+460,388+1.6%Added–
Vanguard Ftse Developed Markets ETF921943858ETF103,959,506$4.36B15.0%+1,671,220+1.6%Added–
Vanguard Ftse Emerging Markets ETF922042858ETF71,776,690$2.80B9.6%+5,650,398+8.5%Added–
Vanguard Morningstar Value ETF922908744ETF12,086,745$1.70B5.8%−8,442−0.1%Reduced–
Vanguard Total International Bond ETF92203J407ETF34,582,637$1.64B5.6%+965,915+2.9%Added–
Vanguard Morningstar Mid-Cap Value ETF922908512ETF9,993,406$1.35B4.6%+122,406+1.2%Added–
Vanguard Morningstar Small-Cap Value ETF922908611ETF7,459,242$1.18B4.1%+190,152+2.6%Added–
iShares Tr464287150CORE S&P TTL STK13,608,449$1.15B4.0%+1,388,124+11.4%Added–
iShares Tr464288414NATIONAL MUN ETF9,668,221$1.02B3.5%+2,650,115+37.8%Added–
iShares Tr464288281JPMORGAN USD EMG9,225,638$780.4M2.7%+460,505+5.3%Added–
iShares Core U.S. Aggregate Bond ETF464287226ETF7,922,519$768.4M2.6%+404,165+5.4%Added–
iShares Core MSCI Eafe ETF46432F842ETF12,301,643$758.3M2.6%+3,092,198+33.6%Added–
Schwab International Equity ETF808524805ETF16,388,889$527.9M1.8%−739,777−4.3%Reduced–
Goldman Sachs ETF Tr381430529ACCES TREASURY4,990,807$497.6M1.7%+675,420+15.7%Added–
iShares Core MSCI Emerging Markets ETF46434G103ETF9,745,736$455.1M1.6%+1,099,767+12.7%Added–
Vanguard Malvern FDS922020805STRM INFPROIDX8,239,033$384.8M1.3%−1,707,662−17.2%Reduced–
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF3,336,947$366.8M1.3%−553,754−14.2%Reduced–
Schwab U.S. Broad Market ETF808524102ETF7,241,364$324.5M1.1%−172,364−2.3%Reduced–
SPDR Series Trust78468R721STATE STREET SPD5,370,505$245.0M0.8%−5,555,070−50.8%Reduced–
iShares Tr46435G516ESG AW MSCI EAFE3,547,907$233.2M0.8%+152,066+4.5%Added–
Goldman Sachs ETF Tr381430503ACTIVEBETA US LG3,040,801$231.5M0.8%+190,256+6.7%Added–
iShares Russell Mid-Cap Value ETF464287473ETF2,070,592$218.1M0.7%−125,863−5.7%Reduced–
iShares Tr46435G425ESG AWR MSCI USA2,480,876$210.3M0.7%+54,017+2.2%Added–
JPMorgan Ultra-Short Income ETF46641Q837ETF3,899,140$195.5M0.7%+184,806+5.0%Added–
iShares Tr46434V464LOW CA OP MS ETF1,203,304$166.2M0.6%+88,184+7.9%Added–
iShares Tr464287630RUS 2000 VAL ETF1,108,236$153.7M0.5%−151,789−12.0%Reduced–
Vanguard Emerging Markets Government Bond ETF921946885ETF2,184,526$133.2M0.5%+362,253+19.9%Added–
Schwab U.S. Large-Cap Value ETF808524409ETF2,010,576$132.7M0.5%−122,623−5.7%Reduced–
Goldman Sachs ETF Tr381430107ACTIVEBETA INT4,045,795$116.4M0.4%+478,975+13.4%Added–
Vanguard Total Bond Market ETF921937835ETF1,458,517$104.8M0.4%−59,122−3.9%Reduced–
iShares Tr46429B7470-5 YR TIPS ETF978,157$94.8M0.3%+978,157New–
State Street SPDR Portfolio S&P 500 Value ETF78464A508ETF2,172,772$84.5M0.3%+57,533+2.7%Added–
Vanguard S&P 500 ETF922908363ETF213,004$74.8M0.3%+55,943+35.6%Added–
iShares S&P 500 Value ETF464287408ETF507,786$73.7M0.3%−24,774−4.7%Reduced–
iShares Inc46434G863ESG AWR MSCI EM2,368,711$71.2M0.2%+352,632+17.5%Added–
SPDR Series Trust78468R796ST STR SP500FF684,779$63.9M0.2%+10,367+1.5%Added–
iShares Tr464288570ESG MSCI KLD ETF601,998$43.2M0.1%−39,888−6.2%Reduced–
iShares Tr46435U440USD GRN BOND ETF877,329$40.3M0.1%+67,302+8.3%Added–
Engine No 1 ETF Trust29287L106TRANSFRM 500 ETF899,069$39.8M0.1%+93,896+11.7%Added–
SPDR Index Shs FDS78470E106ST STR MSCI EAFE566,853$38.6M0.1%+24,897+4.6%Added–
SPDR Ser Tr78468R648S&P KENSHO NEW972,518$38.3M0.1%+209,564+27.5%Added–
Vanguard Morningstar Growth ETF922908736ETF171,516$36.6M0.1%+1,153+0.7%Added–
Vanguard World FD921910733ESG US STK ETF456,886$30.1M0.1%+48,272+11.8%Added–
Goldman Sachs ETF Tr381430602ACTIVEBETA US521,833$28.5M0.1%−81,099−13.5%Reduced–
SPDR Index Shs FDS78463X509ST PORT MARK ETF723,659$23.9M0.1%+191,983+36.1%Added–
Goldman Sachs ETF Tr381430206ACTIVEBETA EME832,925$23.6M0.1%−29,749−3.4%Reduced–
Goldman Sachs ETF Tr38149W101ACCESS US AGRAT565,558$23.2M0.1%+383,069+209.9%Added–
iShares Tr464288588MBS ETF245,665$22.8M0.1%+112,954+85.1%Added–
SPDR Index Shs FDS78470E205MSCI EMR MKT ETF394,938$22.7M0.1%+61,252+18.4%Added–
Vanguard Morningstar Small-Cap ETF922908751ETF117,966$21.7M0.1%+31,837+37.0%Added–
iShares Tr464288802ESG OPTIMIZED240,670$19.8M0.1%−15,305−6.0%Reduced–
Vanguard Short-Term Bond ETF921937827ETF259,015$19.5M0.1%+16,528+6.8%Added–
iShares Tr4642874407-10 YR TRSY BD194,262$18.6M0.1%+57,645+42.2%Added–
Dimensional U.S. Core Equity 2 ETF25434V708ETF683,430$16.6M0.1%+140,271+25.8%Added–
iShares Esg Aware US Aggregate Bond ETF46435U549ETF284,842$13.3M<0.1%+25,867+10.0%Added–
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF125,406$13.2M<0.1%−9,954−7.4%Reduced–
Cambria ETF Tr132061508GLB MOMENT ETF460,039$13.0M<0.1%−12,444−2.6%Reduced–
Vanguard Intermediate-Term Bond ETF921937819ETF154,130$11.5M<0.1%+8,417+5.8%Added–
Goldman Sachs ETF Tr381430479ACCESS INVT GR245,179$10.8M<0.1%−226,016−48.0%Reduced–
Dimensional ETF Trust25434V104US CORE EQT MKT390,191$10.5M<0.1%−9,434−2.4%Reduced–
iShares Tr46435U663ESG AWARE MSCI310,133$10.2M<0.1%+302,236+3,827.2%Added–
iShares Tr46435G193ESG AWRE USD ETF447,310$9.97M<0.1%+72,789+19.4%Added–
Schwab U.S. REIT ETF808524847ETF494,540$9.54M<0.1%+81,661+19.8%Added–
Vanguard World FD921910725ESG INTL STK ETF190,877$9.39M<0.1%−16,909−8.1%Reduced–
Vanguard Mortgage-Backed Securities ETF92206C771ETF205,816$9.37M<0.1%+19,732+10.6%Added–
Vanguard BD Index FDS921937793LONG TERM BOND122,241$8.86M<0.1%+936+0.8%Added–
iShares Tr46429B655FLTG RATE NT ETF167,909$8.45M<0.1%+29,919+21.7%Added–
Invesco QQQ Trust Series I46090E103ETF31,465$8.38M<0.1%+4,870+18.3%Added–
State Street SPDR S&P 600 Small Cap Value ETF78464A300ETF104,662$7.77M<0.1%−35,371−25.3%Reduced–
Graniteshares ETF Tr38747R108BBG COMMD K 1345,077$7.76M<0.1%+19,290+5.9%Added–
Vanguard Morningstar Mid-Cap Growth ETF922908538ETF42,635$7.66M<0.1%+749+1.8%Added–
SPDR Series Trust78464A664ST LON TREAS ETF260,970$7.58M<0.1%−9,737−3.6%Reduced–
iShares Tr46434V4070-5YR HI YL CP182,192$7.45M<0.1%−89,239−32.9%Reduced–
Goldman Sachs ETF Tr381430388ACCESS EMNG MKTS177,320$7.08M<0.1%+18,497+11.6%Added–
Schwab U.S. Large-Cap ETF808524201ETF142,764$6.45M<0.1%+3,593+2.6%Added–
iShares Core S&P 500 ETF464287200ETF16,600$6.38M<0.1%+3,706+28.7%Added–
iShares Tr464288646ISHS 1-5YR INVS120,186$5.99M<0.1%−110,178−47.8%Reduced–
Dimensional World Ex U.S. Core Equity 2 ETF25434V880ETF274,129$5.92M<0.1%−28,330−9.4%Reduced–
Dimensional ETF Trust25434V203INTL CORE EQT MK236,207$5.92M<0.1%+49,130+26.3%Added–
PIMCO ETF Tr72201R30415+ YR US TIPS101,442$5.91M<0.1%+70.0%Added–
iShares U S ETF Tr46431W507SHOR DURA BD ETF118,816$5.85M<0.1%−98,952−45.4%Reduced–
Invesco Exch Traded FD Tr II46138E784EMRNG MKT SVRG305,783$5.71M<0.1%+12,863+4.4%Added–
iShares Tr46435G474FALN ANGLS USD228,046$5.61M<0.1%+7,483+3.4%Added–
iShares Tr46435G326CORE MSCI INTL95,659$5.36M<0.1%−8,229−7.9%Reduced–
DBX ETF Tr233051432XTRACK USD HIGH152,006$5.12M<0.1%+8,754+6.1%Added–
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD67,072$5.04M<0.1%+2,193+3.4%Added–
iShares Tr464288323NEW YORK MUN ETF95,626$5.01M<0.1%+10,150+11.9%Added–
Vanguard S&P 500 Growth ETF921932505ETF22,896$4.83M<0.1%+12,267+115.4%Added–
iShares S&P Mid-Cap 400 Value ETF464287705ETF46,963$4.73M<0.1%−9,371−16.6%Reduced–
Vanguard Whitehall FDS921946810INTL DVD ETF65,249$4.54M<0.1%+5,080+8.4%Added–
iShares Tr464288356CALIF MUN BD ETF77,324$4.34M<0.1%+20,023+34.9%Added–
iShares Tr4642874571 3 YR TREAS BD52,321$4.25M<0.1%−14,362−21.5%Reduced–
Goldman Sachs ETF Tr381430362ACCESS INFLATI81,743$3.96M<0.1%+6,490+8.6%Added–
Vanguard Intl Equity Index F922042676GLB EX US ETF95,495$3.95M<0.1%+13,836+16.9%Added–
Vanguard S&P 500 Value ETF921932703ETF27,532$3.86M<0.1%+5,576+25.4%Added–
iShares Inc464286525MSCI GBL MIN VOL38,997$3.71M<0.1%−5,128−11.6%Reduced–
iShares Inc464286285JP MRGN EM HI BD105,045$3.67M<0.1%+290+0.3%Added–
iShares Inc464286533MSCI EMERG MRKT66,391$3.52M<0.1%−6,431−8.8%Reduced–
WisdomTree Tr97717X578EM EX ST-OWNED122,280$3.26M<0.1%+8,872+7.8%Added–
Vanguard Scottsdale FDS92206C102SHORT TERM TREAS55,801$3.23M<0.1%+1,568+2.9%Added–

Sold out since Q3 2022 (7)

Positions held at the end of Q3 2022 that are gone from this filing.

Positions of Betterment LLC sold out since Q3 2022
SecurityClassShares in Q3 2022Value in Q3 2022% of portfolio in Q3 2022History
Goldman Sachs ETF Tr381430453ACCESS HIG YLD297,020$12.4M<0.1%–
iShares Tr464288513IBOXX HI YD ETF26,204$1.93M<0.1%–
iShares Tr464287812US CONSM STAPLES6,587$1.28M<0.1%–
State Street Utilities Select Sector SPDR ETF81369Y886ETF14,748$1.03M<0.1%–
SPDR Series Trust78464A292ST STR PFD ETF22,996$824.0K<0.1%–
State Street Health Care Select Sector SPDR ETF81369Y209ETF4,970$637.0K<0.1%–
iShares Tr46434V647GLOBAL REIT ETF8,342$202.0K<0.1%–