Betterment LLC

SEC CIK: 0001633901
Latest filing: Aug 14, 2026

SEC filings (opens in a new tab)

Holdings changes from Q4 2024 to Q1 2025

Long positions only; new, added, reduced and sold out are based on share counts. Pick any two quarters this institution filed.

New: 28; Est. +$25.2M
Added: 264; Est. +$1.75B
Reduced: 163; Est. −$1.30B
Sold out: 14; Est. −$5.10M

Portfolio value went from $41.9B to $42.2B (+$205.7M (+0.5%)); positions from 444 to 458 (+14).

All Q1 2025 holdings All Q4 2024 holdings

In the shares, value and % of portfolio columns, the top figure is Q1 2025 and the gray one below is Q4 2024. For stocks that split between the two quarters, Q4 2024 shares are converted at the split ratio before comparing.

Holdings of Betterment LLC in Q4 2024 and Q1 2025 compared
Security	Action	Shares	Share change	Value	Est. bought or sold	% of portfolio	Weight change (pp)
Vanguard Morningstar Total Stock Market ETF922908769	Reduced–	26,094,61326,969,096	−874,483−3.2%	$7.17B$7.82B	−$240.3M	17.0%18.6%	−1.62
Vanguard Ftse Developed Markets ETF921943858	Reduced–	133,982,969137,485,176	−3,502,207−2.5%	$6.81B$6.57B	−$178.0M	16.2%15.7%	+0.48
State Street SPDR Portfolio S&P 500 ETF78464A854	Added–	64,900,90452,912,384	+11,988,520+22.7%	$4.27B$3.65B	+$788.4M	10.1%8.7%	+1.43
Vanguard Ftse Emerging Markets ETF922042858	Reduced–	55,807,06959,799,391	−3,992,322−6.7%	$2.53B$2.63B	−$180.7M	6.0%6.3%	−0.29
iShares Core U.S. Aggregate Bond ETF464287226	Added–	21,876,46219,893,388	+1,983,074+10.0%	$2.16B$1.93B	+$196.2M	5.1%4.6%	+0.54
iShares Tr464288414	Added–	18,408,70218,258,259	+150,443+0.8%	$1.94B$1.95B	+$15.9M	4.6%4.6%	−0.03
iShares Tr464287150	Reduced–	11,538,82711,800,874	−262,047−2.2%	$1.41B$1.52B	−$32.0M	3.3%3.6%	−0.28
State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847	Reduced–	17,884,12317,932,988	−48,865−0.3%	$915.3M$980.8M	−$2.50M	2.2%2.3%	−0.17
Vanguard Morningstar Value ETF922908744	Reduced–	5,225,4765,448,671	−223,195−4.1%	$902.6M$922.5M	−$38.6M	2.1%2.2%	−0.06
Vanguard Total International Bond ETF92203J407	Reduced–	18,361,23020,942,074	−2,580,844−12.3%	$896.4M$1.03B	−$126.0M	2.1%2.4%	−0.32
iShares Core MSCI Eafe ETF46432F842	Reduced–	10,672,57911,366,549	−693,970−6.1%	$807.4M$798.8M	−$52.5M	1.9%1.9%	+0.01
iShares Tr464288281	Reduced–	7,977,0689,034,036	−1,056,968−11.7%	$722.6M$804.4M	−$95.8M	1.7%1.9%	−0.20
Vanguard Morningstar Mid-Cap Value ETF922908512	Reduced–	4,291,9244,509,099	−217,175−4.8%	$689.0M$729.4M	−$34.9M	1.6%1.7%	−0.10
State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853	Reduced–	16,131,49616,163,720	−32,224−0.2%	$657.5M$726.1M	−$1.31M	1.6%1.7%	−0.17
Vanguard Morningstar Small-Cap Value ETF922908611	Reduced–	3,353,0533,546,772	−193,719−5.5%	$624.6M$702.9M	−$36.1M	1.5%1.7%	−0.19
Goldman Sachs ETF Tr381430503	Reduced–	5,305,8785,346,182	−40,304−0.8%	$584.1M$615.8M	−$4.44M	1.4%1.5%	−0.08
Goldman Sachs ETF Tr381430529	Added–	5,641,8905,627,968	+13,922+0.2%	$565.2M$562.3M	+$1.39M	1.3%1.3%	0.00
Schwab International Equity ETF808524805	Reduced–	23,595,57524,550,119	−954,544−3.9%	$466.7M$454.2M	−$18.9M	1.1%1.1%	+0.02
JPMorgan Ultra-Short Income ETF46641Q837	Added–	9,185,6476,216,053	+2,969,594+47.8%	$465.1M$313.1M	+$150.4M	1.1%0.7%	+0.36
iShares Tr46435G425	Added–	3,414,3113,277,272	+137,039+4.2%	$416.2M$422.2M	+$16.7M	1.0%1.0%	−0.02
SPDR Series Trust78468R721	Added–	9,181,9837,087,899	+2,094,084+29.5%	$413.8M$323.4M	+$94.4M	1.0%0.8%	+0.21
iShares Core MSCI Emerging Markets ETF46434G103	Reduced–	7,467,2408,006,857	−539,617−6.7%	$403.0M$418.1M	−$29.1M	1.0%1.0%	−0.04
iShares Tr46429B747	Reduced–	3,822,2114,050,462	−228,251−5.6%	$395.5M$407.5M	−$23.6M	0.9%1.0%	−0.03
Schwab U.S. Broad Market ETF808524102	Reduced–	17,254,10217,773,620	−519,518−2.9%	$371.5M$403.5M	−$11.2M	0.9%1.0%	−0.08
Schwab U.S. Large-Cap ETF808524201	Added–	13,225,0866,023,300	+7,201,786+119.6%	$292.0M$139.6M	+$159.0M	0.7%0.3%	+0.36
iShares Tr46435G516	Reduced–	3,295,4883,403,920	−108,432−3.2%	$269.2M$259.2M	−$8.86M	0.6%0.6%	+0.02
iShares Tr46434V464	Reduced–	1,297,8121,299,071	−1,259−0.1%	$248.1M$251.5M	−$240.7K	0.6%0.6%	−0.01
State Street SPDR Portfolio Developed World Ex-US ETF78463X889	Reduced–	6,191,5086,201,642	−10,134−0.2%	$225.4M$211.7M	−$369.0K	0.5%0.5%	+0.03
iShares Russell Mid-Cap Value ETF464287473	Reduced–	1,710,8601,795,205	−84,345−4.7%	$215.5M$232.2M	−$10.6M	0.5%0.6%	−0.04
Goldman Sachs ETF Tr381430107	Reduced–	4,781,8505,095,611	−313,761−6.2%	$170.5M$169.9M	−$11.2M	0.4%0.4%	0.00
Vanguard S&P 500 ETF922908363	Added–	273,369238,785	+34,584+14.5%	$140.5M$128.7M	+$17.8M	0.3%0.3%	+0.03
State Street SPDR Portfolio S&P 500 Value ETF78464A508	Reduced–	2,574,8322,715,418	−140,586−5.2%	$131.5M$138.9M	−$7.18M	0.3%0.3%	−0.02
Vanguard Total Bond Market ETF921937835	Added–	1,708,0671,679,216	+28,851+1.7%	$125.5M$120.8M	+$2.12M	0.3%0.3%	+0.01
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679	Reduced–	1,118,7951,303,224	−184,429−14.2%	$123.6M$143.5M	−$20.4M	0.3%0.3%	−0.05
iShares Tr464287630	Reduced–	794,473829,076	−34,603−4.2%	$120.0M$136.1M	−$5.22M	0.3%0.3%	−0.04
Schwab U.S. Large-Cap Value ETF808524409	Reduced–	4,464,2674,652,799	−188,532−4.1%	$118.7M$121.3M	−$5.01M	0.3%0.3%	−0.01
Vanguard Emerging Markets Government Bond ETF921946885	Reduced–	1,656,4011,852,156	−195,755−10.6%	$106.3M$117.0M	−$12.6M	0.3%0.3%	−0.03
iShares Inc46434G863	Reduced–	2,977,9663,391,317	−413,351−12.2%	$104.1M$113.2M	−$14.4M	0.2%0.3%	−0.02
Vanguard Malvern FDS922020805	Reduced–	2,015,4422,514,610	−499,168−19.9%	$100.6M$121.8M	−$24.9M	0.2%0.3%	−0.05
Vanguard Morningstar Growth ETF922908736	Added–	267,507256,276	+11,231+4.4%	$99.2M$105.2M	+$4.16M	0.2%0.3%	−0.02
SPDR Series Trust78468R796	Added–	1,934,0501,933,185	+8650.0%	$88.5M$93.1M	+$39.6K	0.2%0.2%	−0.01
iShares Core S&P 500 ETF464287200	Reduced–	154,278158,871	−4,593−2.9%	$86.7M$93.5M	−$2.58M	0.2%0.2%	−0.02
Engine No 1 ETF Trust29287L106	Added–	1,320,7471,274,494	+46,253+3.6%	$86.4M$87.7M	+$3.02M	0.2%0.2%	0.00
Dimensional U.S. Core Equity 2 ETF25434V708	Added–	2,552,9792,270,295	+282,684+12.5%	$84.2M$78.5M	+$9.33M	0.2%0.2%	+0.01
SPDR Ser Tr78468R648	Reduced–	1,773,3941,826,450	−53,056−2.9%	$82.4M$92.8M	−$2.47M	0.2%0.2%	−0.03
Goldman Sachs ETF Tr381430305	Added–	2,061,0691,898,966	+162,103+8.5%	$79.4M$65.8M	+$6.24M	0.2%0.2%	+0.03
iShares S&P 500 Value ETF464287408	Reduced–	401,919416,031	−14,112−3.4%	$76.6M$79.4M	−$2.69M	0.2%0.2%	−0.01
iShares Tr46435G672	Added–	1,471,1361,449,648	+21,488+1.5%	$73.5M$72.4M	+$1.07M	0.2%0.2%	0.00
iShares Tr46435U440	Added–	1,321,5581,293,055	+28,503+2.2%	$62.6M$60.3M	+$1.35M	0.1%0.1%	0.00
iShares Tr46435U663	Added–	1,628,5101,602,629	+25,881+1.6%	$62.6M$67.4M	+$994.1K	0.1%0.2%	−0.01
SPDR Index Shs FDS78470E106	Reduced–	1,405,3801,435,788	−30,408−2.1%	$60.4M$57.2M	−$1.31M	0.1%0.1%	+0.01
Goldman Sachs ETF Tr381430479	Added–	1,293,2281,249,400	+43,828+3.5%	$59.2M$56.3M	+$2.01M	0.1%0.1%	+0.01
Goldman Sachs ETF Tr381430206	Added–	1,760,7681,744,334	+16,434+0.9%	$58.4M$55.7M	+$545.3K	0.1%0.1%	+0.01
iShares Esg Aware US Aggregate Bond ETF46435U549	Added–	1,154,830898,115	+256,715+28.6%	$54.8M$41.7M	+$12.2M	0.1%0.1%	+0.03
Vanguard World FD921910733	Added–	508,902414,023	+94,879+22.9%	$49.8M$43.4M	+$9.29M	0.1%0.1%	+0.01
Dimensional ETF Trust25434V104	Added–	1,294,7241,241,582	+53,142+4.3%	$49.8M$50.3M	+$2.04M	0.1%0.1%	0.00
iShares Tr46435G474	Added–	1,634,8021,191,143	+443,659+37.2%	$43.8M$31.8M	+$11.9M	0.1%0.1%	+0.03
iShares Tr46435U853	Added–	1,183,261318,801	+864,460+271.2%	$43.6M$11.7M	+$31.8M	0.1%<0.1%	+0.08
Vanguard Short-Term Bond ETF921937827	Added–	537,140522,022	+15,118+2.9%	$42.0M$40.3M	+$1.18M	0.1%0.1%	0.00
iShares Tr464288570	Reduced–	409,944425,114	−15,170−3.6%	$42.0M$46.9M	−$1.55M	0.1%0.1%	−0.01
IBITiShares Bitcoin Trust ETF	AddedHistory	870,342768,272	+102,070+13.3%	$40.7M$40.8M	+$4.78M	0.1%0.1%	0.00
Dimensional ETF Trust25434V799	Added–	1,445,5571,307,929	+137,628+10.5%	$40.1M$33.8M	+$3.82M	0.1%0.1%	+0.01
Invesco QQQ Trust Series I46090E103	Added–	83,94371,459	+12,484+17.5%	$39.4M$36.5M	+$5.85M	0.1%0.1%	+0.01
Dimensional ETF Trust25434V872	Added–	918,774846,193	+72,581+8.6%	$38.6M$34.9M	+$3.05M	0.1%0.1%	+0.01
Dimensional ETF Trust25434V203	Reduced–	1,222,0341,226,803	−4,769−0.4%	$38.2M$35.8M	−$148.9K	0.1%0.1%	+0.01
Goldman Sachs ETF Tr381430602	Reduced–	595,972599,378	−3,406−0.6%	$37.8M$41.4M	−$216.0K	0.1%0.1%	−0.01
J P Morgan Exchange Traded F46654Q815	Added–	736,344460,029	+276,315+60.1%	$36.7M$23.0M	+$13.8M	0.1%0.1%	+0.03
Vanguard Morningstar Mid-Cap ETF922908629	Added–	137,71962,028	+75,691+122.0%	$35.6M$16.4M	+$19.6M	0.1%<0.1%	+0.05
Vanguard Morningstar Small-Cap ETF922908751	Added–	160,175145,300	+14,875+10.2%	$35.5M$34.9M	+$3.30M	0.1%0.1%	0.00
SPDR Index Shs FDS78463X509	Added–	812,518734,875	+77,643+10.6%	$32.0M$28.2M	+$3.06M	0.1%0.1%	+0.01
Schwab U.S. Small-Cap ETF808524607	Added–	1,246,030443,404	+802,626+181.0%	$29.2M$11.5M	+$18.8M	0.1%<0.1%	+0.04
iShares Tr46435G219	Added–	634,891481,661	+153,230+31.8%	$28.6M$21.4M	+$6.90M	0.1%0.1%	+0.02
iShares Tr46435G193	Reduced–	1,235,9131,349,465	−113,552−8.4%	$28.5M$30.7M	−$2.62M	0.1%0.1%	−0.01
Vanguard Dividend Appreciation ETF921908844	Added–	133,117124,476	+8,641+6.9%	$25.8M$24.4M	+$1.68M	0.1%0.1%	0.00
Goldman Sachs ETF Tr381430404	Added–	666,740642,521	+24,219+3.8%	$25.7M$24.2M	+$932.2K	0.1%0.1%	0.00
Goldman Sachs ETF Tr38149W101	Added–	596,331558,225	+38,106+6.8%	$24.6M$22.5M	+$1.57M	0.1%0.1%	0.00
SPDR Index Shs FDS78470E205	Reduced–	726,952795,659	−68,707−8.6%	$24.4M$25.7M	−$2.31M	0.1%0.1%	0.00
Vanguard Long-Term Treasury ETF92206C847	Added–	422,657385,744	+36,913+9.6%	$24.3M$21.4M	+$2.13M	0.1%0.1%	+0.01
SPDR Series Trust78468R739	Reduced–	502,782577,819	−75,037−13.0%	$23.9M$27.4M	−$3.57M	0.1%0.1%	−0.01
Dimensional ETF Trust25434V732	Added–	877,048823,919	+53,129+6.4%	$23.2M$21.6M	+$1.41M	0.1%0.1%	0.00
iShares Tr46434V407	Added–	541,388400,515	+140,873+35.2%	$23.0M$17.1M	+$5.99M	0.1%<0.1%	+0.01
iShares Tr464288802	Reduced–	183,029185,376	−2,347−1.3%	$21.0M$22.5M	−$269.6K	<0.1%0.1%	0.00
Vanguard Morningstar Large-Cap ETF922908637	Added–	78,01632,902	+45,114+137.1%	$20.1M$8.87M	+$11.6M	<0.1%<0.1%	+0.03
Goldman Sachs ETF Tr381430388	Added–	491,452485,705	+5,747+1.2%	$19.9M$19.4M	+$232.9K	<0.1%<0.1%	0.00
Vanguard Morningstar Mid-Cap Growth ETF922908538	Added–	79,76876,779	+2,989+3.9%	$19.5M$19.5M	+$731.2K	<0.1%<0.1%	0.00
Vanguard Intermediate-Term Bond ETF921937819	Added–	249,003219,701	+29,302+13.3%	$19.1M$16.4M	+$2.24M	<0.1%<0.1%	+0.01
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242	Added–	163,182154,954	+8,228+5.3%	$17.7M$16.6M	+$894.3K	<0.1%<0.1%	0.00
Dimensional ETF Trust25434V625	Added–	275,476256,060	+19,416+7.6%	$16.9M$16.4M	+$1.19M	<0.1%<0.1%	0.00
RBB FD Inc74933W254	Added–	631,784503,117	+128,667+25.6%	$16.2M$12.9M	+$3.30M	<0.1%<0.1%	+0.01
Dimensional U.S. Targeted Value ETF25434V609	Added–	309,559262,780	+46,779+17.8%	$15.9M$14.6M	+$2.41M	<0.1%<0.1%	0.00
Dimensional ETF Trust25434V666	Added–	501,309437,930	+63,379+14.5%	$15.3M$13.2M	+$1.94M	<0.1%<0.1%	+0.01
American Centy ETF Tr025072877	Added–	164,553154,444	+10,109+6.5%	$14.3M$14.9M	+$881.2K	<0.1%<0.1%	0.00
Vanguard BD Index FDS92203C303	Reduced–	268,160299,138	−30,978−10.4%	$13.4M$14.8M	−$1.54M	<0.1%<0.1%	0.00
Vanguard BD Index FDS921937793	Reduced–	188,929189,412	−483−0.3%	$13.3M$13.0M	−$34.0K	<0.1%<0.1%	0.00
AB Active ETFs Inc00039J509	New–	188,5510	+188,551	$13.3M$0	+$13.3M	<0.1%0.0%	+0.03
iShares Tr46434V860	Added–	259,489228,078	+31,411+13.8%	$13.1M$11.5M	+$1.59M	<0.1%<0.1%	0.00
Vanguard Mortgage-Backed Securities ETF92206C771	Added–	282,478272,759	+9,719+3.6%	$13.1M$12.4M	+$450.1K	<0.1%<0.1%	0.00
Schwab U.S. REIT ETF808524847	Added–	603,085582,627	+20,458+3.5%	$13.0M$12.3M	+$440.0K	<0.1%<0.1%	0.00
Goldman Sachs ETF Tr381430396	Added–	162,947142,776	+20,171+14.1%	$13.0M$11.9M	+$1.60M	<0.1%<0.1%	0.00
Goldman Sachs ETF Tr381430453	Reduced–	289,915319,752	−29,837−9.3%	$12.9M$14.2M	−$1.33M	<0.1%<0.1%	0.00

Estimated amounts multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares): new positions use this quarter's value and sold-out positions last quarter's; positions reported only as principal (PRN) cannot be estimated. 13F shows only quarter-end holdings, not when trades happened or at what price.