FNC

First National Corp Portfolio holdings

AUM $496M

This Quarter Return

-0.11%

1 Year Return

+12.45%

3 Year Return

+39.18%

5 Year Return

+71.55%

10 Year Return

–

AUM

$453M

AUM Growth

+$11.2M (+3%)

Cap. Flow

+$15.9M

Cap. Flow % of AUM

3.52%

Top 10 Holdings %Top 10 Hldgs %

40.61%

Holding

163

New

Increased

Reduced

Closed

Top Buys

1	iShares 20+ Year Treasury Bond ETF TLT	$6.08M
2	Vanguard Utilities ETF VPU	$4.76M
3	Berkshire Hathaway Class A BRK.A	$3.19M
4	Invesco Variable Rate Preferred ETF VRP	$2.51M
5	American States Water AWR	$1.4M

Top Sells

1	ProShares Short S&P500 SH	$3.56M
2	SPDR Gold Trust GLD	$3.16M
3	iShares US Aerospace & Defense ETF ITA	$2.43M
4	iShares Preferred and Income Securities ETF PFF	$2.15M
5	ProShares Ultra QQQ QLD	$1.74M

Sector Composition

1	Technology	5.08%
2	Utilities	3.18%
3	Healthcare	2.07%
4	Financials	2.03%
5	Consumer Discretionary	1.51%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 SPDR S&P 500 ETF Trust SPY $659B	$28.5M	6.28%	50,877 +1,373	+3%	+$768K
2	2 SPDR Gold Trust GLD $102B	$23M	5.07%	79,709 -10,955	-12%	-$3.16M
3	3 Schwab US Broad Market ETF SCHB $35.9B	$21.2M	4.69%	986,961 -35,308	-3%	-$760K
4	4 ProShares Short S&P500 SH $1.24B	$18.4M	4.07%	413,339 -79,916	-16%	-$3.56M
5	5 Schwab US Dividend Equity ETF SCHD $71.1B	$16.6M	3.67%	595,077 +16,519	+3%	+$462K
6	6 WisdomTree Floating Rate Treasury Fund USFR $19B	$16.6M	3.67%	330,401 +22,244	+7%	+$1.12M
7	7 Schwab US Large- Cap ETF SCHX $58.5B	$16M	3.54%	725,235 +6,363	+0.9%	+$140K
8	8 Apple AAPL $3.44T	$14.9M	3.29%	67,053 -181	-0.3%	-$40.2K
9	9 iShares 20+ Year Treasury Bond ETF TLT $47.3B	$14.8M	3.26%	162,381 +66,746	+70%	+$6.08M
10	10 Schwab US Mid-Cap ETF SCHM $11.9B	$13.9M	3.07%	530,901 +21,501	+4%	+$563K
11	11 Schwab U.S Small- Cap ETF SCHA $18B	$12.8M	2.83%	547,808 +23,630	+5%	+$554K
12	12 Vanguard Mid-Cap ETF VO $86.2B	$12.3M	2.71%	47,399 +701	+2%	+$181K
13	13 Vanguard Small-Cap ETF VB $64.7B	$10.7M	2.37%	48,350 +976	+2%	+$216K
14	14 Dimensional International Core Equity Market ETF DFAI $11.1B	$8.68M	1.92%	277,797 -4,598	-2%	-$144K
15	15 SPDR S&P Dividend ETF SDY $20.5B	$8.59M	1.9%	63,338 +44	+0.1%	+$5.97K
16	16 PIMCO Enhanced Low Duration Active Exchange-Traded Fund LDUR $905M	$8.51M	1.88%	88,696 +8,397	+10%	+$806K
17	17 PIMCO Active Bond Exchange-Traded Fund BOND $5.7B	$8.09M	1.79%	87,483 +6,068	+7%	+$561K
18	18 Invesco QQQ Trust QQQ $366B	$7.93M	1.75%	16,914 +151	+0.9%	+$70.8K
19	19 Vanguard Utilities ETF VPU $7.37B	$7.68M	1.7%	44,976 +27,848	+163%	+$4.76M
20	20 Schwab International Equity ETF SCHF $50.9B	$7M	1.54%	353,649 +4,887	+1%	+$96.7K
21	21 iShares Core Dividend Growth ETF DGRO $33.3B	$6.58M	1.45%	106,471 +3,487	+3%	+$215K
22	22 Vanguard Real Estate ETF VNQ $33.7B	$6.48M	1.43%	71,526 +2,564	+4%	+$232K
23	23 ProShares Trust UltraShort Lehman 20+ Year Treasury TBT $309M	$6.47M	1.43%	192,396 -35,402	-16%	-$1.19M
24	24 ProShares Ultra QQQ QLD $9.22B	$6.42M	1.42%	72,222 -19,566	-21%	-$1.74M
25	25 Goldman Sachs ActiveBeta International Equity ETF GSIE $4.21B	$5.01M	1.11%	140,646 +4,931	+4%	+$176K