AIS

Accredited Investor Services Portfolio holdings

AUM $120M

AUM

$120M

AUM Growth

-$5.3M (-4%)

Cap. Flow

+$18.4M

Cap. Flow % of AUM

15.4%

Top 10 Holdings %Top 10 Hldgs %

81.47%

Holding

New

Increased

Reduced

Closed

Top Buys

1	iShares Short-Term National Muni Bond ETF SUB	$1.87M
2	iShares National Muni Bond ETF MUB	$1.61M
3	Avantis US Equity ETF AVUS	$1.19M
4	Vanguard Tax-Exempt Bond Index Fund VTEB	$1.06M
5	iShares MSCI USA Min Vol Factor ETF USMV	$948K

Top Sells

Dimensional US Core Equity 2 ETF

DFAC

$65.9K

Sector Composition

1	Communication Services	0%
2	Consumer Discretionary	0%
3	Consumer Staples	0%
4	Energy	0%
5	Financials	0%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 iShares Core 1-5 Year USD Bond ETF ISTB $4.46B	$470K	0.39%	9,713	–	–
27	27 Vanguard Dividend Appreciation ETF VIG $87.7B	$439K	0.37%	2,262	–	–
28	28 Invesco S&P International Developed Low Volatility ETF IDLV $395M	$434K	0.36%	14,322	New	+$434K
29	29 iShares Core MSCI EAFE ETF IEFA $138B	$429K	0.36%	5,672	New	+$429K
30	30 iShares Core MSCI Emerging Markets ETF IEMG $88.5B	$411K	0.34%	7,622	New	+$411K
31	31 Janus Henderson AAA CLO ETF JAAA $20.8B	$407K	0.34%	8,018 +132	+2%	+$6.69K
32	32 VanEck High Yield Muni ETF HYD $3.35B	$387K	0.32%	7,555	New	+$387K
33	EMD 33 Western Asset Emerging Markets Debt Fund EMD $557M	$367K	0.31%	37,065	New	+$367K
34	34 iShares MSCI Intl Quality Factor ETF IQLT $11.5B	$365K	0.31%	9,203 +33	+0.4%	+$1.31K
35	35 Vanguard FTSE Developed Markets ETF VEA $157B	$344K	0.29%	6,760	New	+$344K
36	36 iShares MSCI USA Momentum Factor ETF MTUM $16.6B	$332K	0.28%	1,643	–	–
37	37 Dimensional US Small Cap ETF DFAS $9.64B	$332K	0.28%	5,555 +53	+1%	+$3.17K
38	38 iShares Core S&P 500 ETF IVV $572B	$305K	0.25%	542	New	+$305K
39	39 Dimensional US Targeted Value ETF DFAT $10.2B	$297K	0.25%	5,775 +7	+0.1%	+$360
40	40 Adams Diversified Equity Fund ADX $2.36B	$288K	0.24%	15,164	New	+$288K
41	41 Invesco Global Water ETF PIO $262M	$272K	0.23%	6,776 +17	+0.3%	+$682
42	MMU 42 Western Asset Managed Municipals Fund MMU $536M	$268K	0.22%	26,056	New	+$268K
43	43 iShares S&P 500 Growth ETF IVW $54.7B	$258K	0.22%	2,779	–	–
44	44 Schwab US Large-Cap Growth ETF SCHG $40.2B	$246K	0.21%	9,833	New	+$246K
45	45 Nuveen Municipal Credit Income Fund NZF $2.27B	$243K	0.2%	19,846	New	+$243K
46	46 Nuveen Variable Rate Preferred & Income Fund NPFD $451M	$236K	0.2%	12,595	New	+$236K
47	47 Nuveen Floating Rate Income Fund JFR $1.09B	$224K	0.19%	26,460	New	+$224K
48	48 SPDR Nuveen S&P High Yield Municipal Bond ETF HYMB $2.5B	$219K	0.18%	8,687	New	+$219K
49	49 iShares US Treasury Bond ETF GOVT $27.2B	$219K	0.18%	9,509	New	+$219K
50	50 iShares Russell Mid-Cap ETF IWR $39.9B	$214K	0.18%	2,520	–	–