Apella Capital Portfolio holdings

AUM $3.69B

This Quarter Return

-0.42%

1 Year Return

+10.67%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$2.91B

AUM Growth

+$307M (+12%)

Cap. Flow

+$398M

Cap. Flow % of AUM

13.65%

Top 10 Holdings %Top 10 Hldgs %

42.91%

Holding

398

New

Increased

209

Reduced

Closed

Top Buys

1	Dimensional Short-Duration Fixed Income ETF DFSD	$48.5M
2	Dimensional US Core Equity 2 ETF DFAC	$38.7M
3	Dimensional Global ex US Core Fixed Income ETF DFGX	$31.7M
4	Dimensional US High Profitability ETF DUHP	$28.6M
5	Vanguard Russell 1000 ETF VONE	$22.5M

Top Sells

1	Vanguard Total International Bond ETF BNDX	$22.8M
2	Vanguard Mega Cap 300 Index ETF MGC	$16.5M
3	iShares MSCI USA Momentum Factor ETF MTUM	$12.8M
4	Vanguard Short-Term Bond ETF BSV	$9.15M
5	Schwab Short-Term US Treasury ETF SCHO	$8.03M

Sector Composition

1	Technology	2.97%
2	Healthcare	0.97%
3	Industrials	0.94%
4	Financials	0.85%
5	Consumer Discretionary	0.59%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Dimensional US Core Equity 2 ETF DFAC $35.2B	$376M	12.9%	11,812,257 +1,216,362	+11%	+$38.7M
2	2 Vanguard Short-Term Bond ETF BSV $38.2B	$133M	4.55%	1,698,621 -117,230	-6%	-$9.15M
3	3 Dimensional Short-Duration Fixed Income ETF DFSD $4.83B	$128M	4.39%	2,694,401 +1,023,221	+61%	+$48.5M
4	4 Vanguard Total Bond Market BND $130B	$109M	3.74%	1,499,836 -18,989	-1%	-$1.38M
5	5 Vanguard Total Stock Market ETF VTI $503B	$106M	3.65%	396,108 +64,025	+19%	+$17.2M
6	6 Dimensional International Core Equity 2 ETF DFIC $9.63B	$86.7M	2.98%	3,254,844 +452,415	+16%	+$12M
7	7 Dimensional Core Fixed Income ETF DFCF $7.09B	$85M	2.92%	2,040,511 +130,990	+7%	+$5.45M
8	8 Vanguard Total International Bond ETF BNDX $67.3B	$83.8M	2.88%	1,719,141 -467,828	-21%	-$22.8M
9	9 Dimensional US Targeted Value ETF DFAT $10.9B	$79.6M	2.73%	1,637,566 -39,778	-2%	-$1.93M
10	10 Vanguard Mega Cap 300 Index ETF MGC $7.34B	$63.6M	2.18%	323,304 -83,840	-21%	-$16.5M
11	11 Vanguard FTSE Developed Markets ETF VEA $163B	$60.9M	2.09%	1,240,949 -22,188	-2%	-$1.09M
12	12 Vanguard FTSE Emerging Markets ETF VWO $92.8B	$53.8M	1.85%	1,266,007 +185,593	+17%	+$7.89M
13	13 Dimensional Global ex US Core Fixed Income ETF DFGX $950M	$48.7M	1.67%	936,969 +609,708	+186%	+$31.7M
14	14 Dimensional International Value ETF DFIV $12.2B	$45.7M	1.57%	1,230,119 -29,182	-2%	-$1.08M
15	15 Dimensional US High Profitability ETF DUHP $8.77B	$45.5M	1.56%	1,429,319 +897,140	+169%	+$28.6M
16	16 Dimensional US Equity ETF DFUS $15.6B	$42M	1.44%	715,546 +57,052	+9%	+$3.35M
17	17 iShares MSCI USA Momentum Factor ETF MTUM $17.7B	$40.6M	1.39%	203,095 -63,884	-24%	-$12.8M
18	18 Dimensional Emerging Markets Core Equity 2 ETF DFEM $5.72B	$33.9M	1.16%	1,358,092 -40,160	-3%	-$1M
19	19 iShares Short-Term National Muni Bond ETF SUB $9.96B	$33M	1.13%	314,352 +41,334	+15%	+$4.34M
20	20 Vanguard Value ETF VTV $138B	$32.2M	1.1%	196,335 -14,438	-7%	-$2.37M
21	21 Vanguard Russell 1000 ETF VONE $6.4B	$31M	1.06%	125,999 +91,245	+263%	+$22.5M
22	22 Microsoft MSFT $3.75T	$30.8M	1.06%	78,753 +6,363	+9%	+$2.48M
23	23 Dimensional National Municipal Bond ETF DFNM $1.58B	$30.2M	1.04%	643,483 +90,834	+16%	+$4.26M
24	24 Avantis Emerging Markets Equity ETF AVEM $11.1B	$27.1M	0.93%	477,685 +269,417	+129%	+$15.3M
25	25 Dimensional World ex US Core Equity 2 ETF DFAX $8.86B	$26.5M	0.91%	1,060,948 +188,056	+22%	+$4.7M