MSA

Marino Stram & Associates Portfolio holdings

AUM $496M

This Quarter Return

-0.5%

1 Year Return

+13.58%

3 Year Return

+52.15%

5 Year Return

+103.08%

10 Year Return

–

AUM

$450M

AUM Growth

-$1.5M (-0.3%)

Cap. Flow

+$3.28M

Cap. Flow % of AUM

0.73%

Top 10 Holdings %Top 10 Hldgs %

58.53%

Holding

175

New

Increased

Reduced

Closed

Top Buys

1	Vanguard Growth ETF VUG	$4.77M
2	iShares Core S&P 500 ETF IVV	$1.02M
3	Eli Lilly LLY	$814K
4	iShares Morningstar Mid-Cap Growth ETF IMCG	$771K
5	Vanguard Value ETF VTV	$765K

Top Sells

1	Klaviyo KVYO	$1.36M
2	Nuveen ESG Large-Cap Value ETF NULV	$962K
3	iShares Core 60/40 Balanced Allocation ETF AOR	$706K
4	iShares Core Dividend Growth ETF DGRO	$632K
5	NYLI FTSE International Equity Currency Neutral ETF HFXI	$467K

Sector Composition

1	Technology	5.66%
2	Financials	5.56%
3	Healthcare	3.92%
4	Consumer Staples	3.73%
5	Communication Services	2.21%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Vanguard High Dividend Yield ETF VYM $63B	$69.2M	15.37%	536,723 -2,970	-0.6%	-$383K
2	2 iShares Core S&P 500 ETF IVV $657B	$46.8M	10.38%	83,218 +1,820	+2%	+$1.02M
3	3 SPDR S&P Dividend ETF SDY $20.5B	$37.4M	8.31%	275,864 +3,838	+1%	+$521K
4	4 Vanguard Value ETF VTV $142B	$28.8M	6.39%	166,553 +4,430	+3%	+$765K
5	5 Vanguard Growth ETF VUG $186B	$28M	6.23%	75,638 +12,875	+21%	+$4.77M
6	6 iShares Core S&P Mid-Cap ETF IJH $97.2B	$15.9M	3.53%	272,272 +5,301	+2%	+$309K
7	7 iShares Core S&P Small-Cap ETF IJR $83B	$13.5M	2.99%	128,687 -2,978	-2%	-$311K
8	8 Apple AAPL $3.44T	$9.88M	2.19%	44,474 +316	+0.7%	+$70.2K
9	9 Microsoft MSFT $3.87T	$7.32M	1.63%	19,503 +206	+1%	+$77.3K
10	10 JPMorgan Chase JPM $799B	$6.88M	1.53%	28,043 +52	+0.2%	+$12.8K
11	11 Berkshire Hathaway Class B BRK.B $1.03T	$5.5M	1.22%	10,331 +192	+2%	+$102K
12	12 iShares MSCI USA Quality Factor ETF QUAL $54.1B	$5.18M	1.15%	30,292 +531	+2%	+$90.7K
13	13 Vanguard Dividend Appreciation ETF VIG $94.7B	$4.62M	1.03%	23,841 -3	-0%	-$582
14	14 NYLI FTSE International Equity Currency Neutral ETF HFXI $1.09B	$4.56M	1.01%	165,727 -16,965	-9%	-$467K
15	15 Invesco S&P 500 Equal Weight ETF RSP $72.9B	$4.48M	0.99%	25,838 +684	+3%	+$118K
16	16 Invesco QQQ Trust QQQ $366B	$3.91M	0.87%	8,341 -324	-4%	-$152K
17	17 iShares Core Dividend Growth ETF DGRO $33.3B	$3.69M	0.82%	59,686 -10,224	-15%	-$632K
18	18 Amazon AMZN $2.46T	$3.48M	0.77%	18,290 +108	+0.6%	+$20.5K
19	19 Vanguard Total Stock Market ETF VTI $523B	$3.46M	0.77%	12,594 +1,262	+11%	+$347K
20	20 Procter & Gamble PG $362B	$3.29M	0.73%	19,303 -102	-0.5%	-$17.4K
21	21 iShares MSCI USA Min Vol Factor ETF USMV $23.5B	$3.27M	0.73%	34,963 -400	-1%	-$37.5K
22	22 Blackrock BLK $176B	$3.25M	0.72%	3,429 +19	+0.6%	+$18K
23	23 Eli Lilly LLY $629B	$3.17M	0.7%	3,842 +986	+35%	+$814K
24	24 McDonald's MCD $220B	$3.06M	0.68%	9,797 -21	-0.2%	-$6.56K
25	25 Coca-Cola KO $301B	$2.99M	0.66%	41,777 -213	-0.5%	-$15.3K