AAP

Arax Advisory Partners Portfolio holdings

AUM $1.56B

This Quarter Return

-1.19%

1 Year Return

+5.62%

3 Year Return

+18.23%

5 Year Return

–

10 Year Return

–

AUM

$1.56B

AUM Growth

-$29.8M (-2%)

Cap. Flow

+$4.19M

Cap. Flow % of AUM

0.27%

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	5.41%
2	Financials	3.2%
3	Healthcare	2.44%
4	Consumer Discretionary	2.3%
5	Industrials	1.83%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 iShares National Muni Bond ETF MUB $38.3B	$18.9M	1.21%	179,468 -7,657	-4%	-$807K
27	27 First Trust Water ETF FIW $1.87B	$18M	1.15%	178,668 +6,063	+4%	+$611K
28	28 Dimensional US Small Cap ETF DFAS $10.5B	$17.9M	1.15%	299,546 +23,738	+9%	+$1.42M
29	29 Dimensional Global Real Estate ETF DFGR $2.55B	$17M	1.09%	646,383 +44,125	+7%	+$1.16M
30	30 Avantis US Large Cap Value ETF AVLV $7.72B	$16.6M	1.07%	+255,094	New	+$16.6M
31	31 SPDR Nuveen ICE Municipal Bond ETF TFI $3.18B	$15.5M	0.99%	343,196 +42,586	+14%	+$1.92M
32	32 Dimensional Emerging Markets Core Equity 2 ETF DFEM $5.74B	$15.1M	0.97%	570,919 +8,126	+1%	+$215K
33	33 Amazon AMZN $2.4T	$13.8M	0.88%	72,271 +2,929	+4%	+$557K
34	34 SPDR Portfolio Developed World ex-US ETF SPDW $26.9B	$13.4M	0.86%	367,934 -133,907	-27%	-$4.88M
35	35 iShares Morningstar Mid-Cap Growth ETF IMCG $2.86B	$13.2M	0.85%	185,219 +22,465	+14%	+$1.6M
36	36 FT Vest Rising Dividend Achievers Target Income ETF RDVI $2.06B	$12.4M	0.8%	524,753 -513,198	-49%	-$12.2M
37	37 Dimensional US Core Equity Market ETF DFAU $8.7B	$12M	0.77%	+312,765	New	+$12M
38	38 Dimensional US Core Equity 2 ETF DFAC $35.5B	$11.6M	0.75%	352,694 +256,812	+268%	+$8.47M
39	39 NVIDIA NVDA $4.2T	$10.8M	0.69%	99,264 +8,257	+9%	+$895K
40	40 Vanguard Mega Cap Value ETF MGV $9.53B	$10.8M	0.69%	83,451 +7,589	+10%	+$978K
41	41 Vanguard Short-Term Bond ETF BSV $38.2B	$9.24M	0.59%	117,998 +5,487	+5%	+$430K
42	42 Vanguard High Dividend Yield ETF VYM $61.7B	$9.03M	0.58%	70,008 -25	-0%	-$3.22K
43	43 Microsoft MSFT $3.79T	$8.69M	0.56%	23,153 -6,814	-23%	-$2.56M
44	44 First Trust Low Duration Strategic Focus ETF LDSF $131M	$7.24M	0.46%	383,577 -259,449	-40%	-$4.9M
45	45 First Trust Core Investment Grade ETF FTCB $1.21B	$6.52M	0.42%	+310,391	New	+$6.52M
46	46 Vanguard Small-Cap Growth ETF VBK $19.4B	$6.33M	0.41%	25,139 -30,263	-55%	-$7.62M
47	47 Vanguard S&P 500 ETF VOO $693B	$6.33M	0.41%	12,310 +5,085	+70%	+$2.61M
48	48 First Trust SMID Cap Rising Dividend Achievers ETF SDVY $8.39B	$6.1M	0.39%	181,949 +71,244	+64%	+$2.39M
49	49 Dimensional International Core Equity Market ETF DFAI $10.5B	$5.91M	0.38%	+189,381	New	+$5.91M
50	50 FT Vest Fund of Buffer ETFs BUFR $7B	$5.76M	0.37%	194,035 -21,258	-10%	-$631K