Birchbrook Portfolio holdings

AUM $178M

This Quarter Return

+0.9%

1 Year Return

+5.15%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$178M

AUM Growth

+$2.06M (+1%)

Cap. Flow

+$1.63M

Cap. Flow % of AUM

0.92%

Top 10 Holdings %Top 10 Hldgs %

62.05%

Holding

305

New

Increased

Reduced

Closed

Top Buys

1	iShares 5-10 Year Investment Grade Corporate Bond ETF IGIB	$1.47M
2	SPDR S&P 500 ESG ETF EFIV	$1.05M
3	iShares Core S&P Mid-Cap ETF IJH	$996K
4	iShares Core MSCI Emerging Markets ETF IEMG	$607K
5	iShares ESG Screened S&P Mid-Cap ETF XJH	$543K

Top Sells

1	Vanguard Short-Term Treasury ETF VGSH	$1.03M
2	iShares ESG Optimized MSCI USA ETF SUSA	$968K
3	Vanguard Intermediate-Term Treasury ETF VGIT	$807K
4	iShares ESG Aware MSCI USA Small-Cap ETF ESML	$620K
5	Schwab US Mid-Cap ETF SCHM	$453K

Sector Composition

1	Technology	7.61%
2	Healthcare	3.83%
3	Financials	3.63%
4	Communication Services	2.91%
5	Consumer Staples	2.79%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Vanguard Intermediate-Term Treasury ETF VGIT $31.7B	$36.9M	20.76%	621,992 -13,578	-2%	-$807K
2	2 iShares 5-10 Year Investment Grade Corporate Bond ETF IGIB $15.6B	$18.6M	10.47%	354,913 +28,084	+9%	+$1.47M
3	3 iShares MSCI USA Min Vol Factor ETF USMV $23.8B	$12.3M	6.92%	131,480 +1,998	+2%	+$187K
4	4 Vanguard FTSE Developed Markets ETF VEA $167B	$9.98M	5.61%	196,306 +3,953	+2%	+$201K
5	5 iShares 20+ Year Treasury Bond ETF TLT $47.9B	$6.97M	3.92%	76,566 +3,598	+5%	+$328K
6	6 iShares Core MSCI Emerging Markets ETF IEMG $99.9B	$5.95M	3.34%	110,209 +11,240	+11%	+$607K
7	7 Schwab US Large- Cap ETF SCHX $57.8B	$5.59M	3.14%	253,149 +9,228	+4%	+$204K
8	8 iShares Core S&P Mid-Cap ETF IJH $98.6B	$5.56M	3.12%	95,243 +17,064	+22%	+$996K
9	9 Schwab US Mid-Cap ETF SCHM $12B	$4.85M	2.73%	185,186 -17,300	-9%	-$453K
10	10 iShares Core S&P Small-Cap ETF IJR $82.3B	$3.64M	2.04%	34,781 +1,047	+3%	+$109K
11	11 Amazon AMZN $2.46T	$2.67M	1.5%	14,026 -330	-2%	-$62.8K
12	12 Apple AAPL $3.19T	$2.63M	1.48%	11,856 -79	-0.7%	-$17.5K
13	13 Schwab US Large-Cap Growth ETF SCHG $46.1B	$2.52M	1.42%	100,694 +4,852	+5%	+$121K
14	14 Idexx Laboratories IDXX $45.5B	$2.47M	1.39%	5,893 +48	+0.8%	+$20.2K
15	15 Microsoft MSFT $3.82T	$2.37M	1.33%	6,326 +23	+0.4%	+$8.63K
16	16 Vanguard Short-Term Treasury ETF VGSH $22.7B	$2.27M	1.28%	38,735 -17,497	-31%	-$1.03M
17	17 JPMorgan Chase JPM $821B	$2.25M	1.26%	9,153 -381	-4%	-$93.5K
18	18 IBM IBM $242B	$1.96M	1.1%	7,886 -224	-3%	-$55.7K
19	19 Berkshire Hathaway Class B BRK.B $1.04T	$1.88M	1.06%	3,528 +81	+2%	+$43.1K
20	20 Alphabet (Google) Class A GOOGL $2.34T	$1.87M	1.05%	12,072 -4	-0%	-$619
21	21 Vanguard Total Stock Market ETF VTI $514B	$1.69M	0.95%	6,154	–	–
22	22 Walmart WMT $778B	$1.56M	0.88%	17,826 -1,243	-7%	-$109K
23	23 PepsiCo PEP $196B	$1.55M	0.87%	10,305 -341	-3%	-$51.1K
24	24 iShares ESG Aware MSCI EAFE ETF ESGD $9.88B	$1.53M	0.86%	18,721 +648	+4%	+$52.9K
25	25 Health Care Select Sector SPDR Fund XLV $33.7B	$1.45M	0.82%	9,963 +639	+7%	+$93.3K