AAP

Arax Advisory Partners Portfolio holdings

AUM $1.56B

AUM

$1.56B

AUM Growth

-$29.8M (-2%)

Cap. Flow

+$14.1M

Cap. Flow % of AUM

0.9%

Top 10 Holdings %Top 10 Hldgs %

25.81%

Holding

3,121

New

707

Increased

853

Reduced

893

Closed

463

Top Buys

1	Avantis Core Fixed Income ETF AVIG	$26.7M
2	SPDR Bloomberg 1-3 Month T-Bill ETF BIL	$21.8M
3	iShares Ultra Short Duration Bond Active ETF ICSH	$19.4M
4	Invesco Ultra Short Duration ETF GSY	$19.3M
5	JPMorgan Ultra-Short Income ETF JPST	$19.3M

Top Sells

1	Dimensional Core Fixed Income ETF DFCF	$25.5M
2	Schwab US Large-Cap Growth ETF SCHG	$22.7M
3	iShares S&P Mid-Cap 400 Value ETF IJJ	$20M
4	iShares Russell 2000 Growth ETF IWO	$19.9M
5	iShares Russell 2000 Value ETF IWN	$18.8M

Sector Composition

1	Technology	5.45%
2	Financials	3.2%
3	Healthcare	2.44%
4	Consumer Discretionary	2.28%
5	Industrials	1.83%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Vanguard Growth ETF VUG $161B	$60.6M	3.88%	163,324 -17,079	-9%	-$6.33M
2	2 Vanguard Value ETF VTV $132B	$47.3M	3.03%	273,753 -2,712	-1%	-$468K
3	3 iShares 1-5 Year Investment Grade Corporate Bond ETF IGSB $21.1B	$41.8M	2.68%	797,261 +30,331	+4%	+$1.59M
4	4 Schwab US TIPS ETF SCHP $12.8B	$41.6M	2.67%	1,547,088 +156,941	+11%	+$4.22M
5	5 Invesco QQQ Trust QQQ $324B	$38.6M	2.48%	82,374 +6,994	+9%	+$3.28M
6	6 Vanguard Mid-Cap ETF VO $78.5B	$37.3M	2.39%	144,169 -21,324	-13%	-$5.51M
7	7 First Trust Rising Dividend Achievers ETF RDVY $14B	$36.4M	2.33%	621,844 -87,109	-12%	-$5.1M
8	8 iShares Core US Aggregate Bond ETF AGG $123B	$36.3M	2.33%	366,560 +26,532	+8%	+$2.62M
9	9 First Trust Preferred Securities and Income ETF FPE $5.66B	$33.9M	2.17%	1,926,036 -2,558	-0.1%	-$45K
10	10 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD $29.9B	$28.7M	1.84%	263,987 +19,001	+8%	+$2.07M
11	11 Vanguard FTSE Developed Markets ETF VEA $157B	$28.3M	1.81%	556,529 +25,708	+5%	+$1.31M
12	12 Avantis Core Fixed Income ETF AVIG $1.06B	$26.7M	1.71%	645,396	New	+$26.7M
13	13 Vanguard Small-Cap ETF VB $60.4B	$24.4M	1.57%	110,154 +4,982	+5%	+$1.1M
14	14 Vanguard FTSE Emerging Markets ETF VWO $86.7B	$23.8M	1.52%	525,076 +3,120	+0.6%	+$141K
15	15 Apple AAPL $2.92T	$23.3M	1.5%	105,018 -2,018	-2%	-$448K
16	16 SPDR Bloomberg 1-3 Month T-Bill ETF BIL $45.1B	$22.7M	1.46%	247,415 +237,690	+2,444%	+$21.8M
17	17 Dimensional International Core Equity 2 ETF DFIC $9.14B	$22.1M	1.42%	794,397 -3,496	-0.4%	-$97.1K
18	18 iShares S&P 500 Value ETF IVE $37.1B	$21.1M	1.35%	110,493 -3,158	-3%	-$602K
19	19 Vanguard Total Stock Market ETF VTI $465B	$20.6M	1.32%	74,787 -5,874	-7%	-$1.61M
20	20 iShares Russell Mid-Cap Growth ETF IWP $18.1B	$20.2M	1.3%	172,014 -4,931	-3%	-$579K
21	21 First Trust Capital Strength ETF FTCS $8.34B	$20M	1.29%	223,508 -103,081	-32%	-$9.24M
22	22 First Trust Exchange-Traded Fund VIII First Trust Smith Opportunistic Fixed Income ETF FIXD $3.48B	$19.9M	1.28%	454,617 +26,596	+6%	+$1.17M
23	23 iShares Ultra Short Duration Bond Active ETF ICSH $6.11B	$19.6M	1.26%	387,351 +383,585	+10,185%	+$19.4M
24	24 JPMorgan Ultra-Short Income ETF JPST $30.9B	$19.5M	1.25%	385,860 +381,547	+8,846%	+$19.3M
25	25 Invesco Ultra Short Duration ETF GSY $2.76B	$19.3M	1.24%	386,040 +385,877	+236,734%	+$19.3M