MWA

Martel Wealth Advisors Portfolio holdings

AUM $539M

This Quarter Return

-1.1%

1 Year Return

+10.82%

3 Year Return

+35.3%

5 Year Return

+44.94%

10 Year Return

–

AUM

$502M

AUM Growth

-$10.1M (-2%)

Cap. Flow

-$1.86M

Cap. Flow % of AUM

-0.37%

Top 10 Holdings %Top 10 Hldgs %

83.99%

Holding

New

Increased

Reduced

Closed

Top Buys

1	Vanguard Core Bond ETF VCRB	$19.8M
2	Vanguard Short-Term Bond ETF BSV	$1.05M
3	Berkshire Hathaway Class A BRK.A	$798K
4	iShares Core MSCI EAFE ETF IEFA	$760K
5	iShares Core MSCI Emerging Markets ETF IEMG	$319K

Top Sells

1	Vanguard Total Bond Market BND	$17.1M
2	Vanguard Growth ETF VUG	$2.34M
3	Vanguard FTSE Developed Markets ETF VEA	$1.16M
4	Vanguard Dividend Appreciation ETF VIG	$1.12M
5	Vanguard High Dividend Yield ETF VYM	$878K

Sector Composition

1	Consumer Discretionary	2.03%
2	Consumer Staples	0.77%
3	Technology	0.72%
4	Industrials	0.41%
5	Financials	0.37%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Vanguard Core Bond ETF VCRB $3.45B	$105M	20.86%	1,352,689 +255,537	+23%	+$19.8M
2	2 Vanguard High Dividend Yield ETF VYM $63B	$86.5M	17.23%	670,778 -6,808	-1%	-$878K
3	3 Vanguard Growth ETF VUG $186B	$85M	16.93%	229,187 -6,320	-3%	-$2.34M
4	4 Vanguard Short-Term Bond ETF BSV $38.3B	$61.1M	12.18%	780,830 +13,368	+2%	+$1.05M
5	5 iShares Core MSCI EAFE ETF IEFA $150B	$22.2M	4.43%	294,114 +10,043	+4%	+$760K
6	6 Vanguard Dividend Appreciation ETF VIG $94.7B	$15M	2.99%	77,475 -5,764	-7%	-$1.12M
7	7 Schwab US Large-Cap Value ETF SCHV $12.9B	$14.1M	2.82%	532,047 +7,935	+2%	+$211K
8	8 Schwab US Large-Cap Growth ETF SCHG $47.3B	$12.7M	2.54%	508,542 -27,328	-5%	-$684K
9	9 Vanguard FTSE Developed Markets ETF VEA $171B	$10.3M	2.04%	201,823 -22,802	-10%	-$1.16M
10	10 iShares National Muni Bond ETF MUB $38.8B	$9.9M	1.97%	93,930 +1,610	+2%	+$170K
11	11 iShares Core MSCI Emerging Markets ETF IEMG $102B	$8.84M	1.76%	163,725 +5,918	+4%	+$319K
12	12 Amazon AMZN $2.46T	$6.55M	1.3%	34,417 -1,537	-4%	-$292K
13	13 Vanguard Value ETF VTV $142B	$5.96M	1.19%	34,513 -290	-0.8%	-$50.1K
14	14 Vanguard FTSE Emerging Markets ETF VWO $96B	$5.86M	1.17%	129,485 -9,576	-7%	-$433K
15	15 Vanguard Small-Cap ETF VB $64.7B	$4.35M	0.87%	19,634 -777	-4%	-$172K
16	16 Vanguard Total International Bond ETF BNDX $68B	$3.69M	0.74%	75,636 +3,316	+5%	+$162K
17	17 Vanguard Small-Cap Value ETF VBR $30.6B	$3.61M	0.72%	19,366 +78	+0.4%	+$14.5K
18	18 Vanguard Small-Cap Growth ETF VBK $19.7B	$3.4M	0.68%	13,487 -571	-4%	-$144K
19	19 Invesco S&P 500 Equal Weight ETF RSP $72.9B	$3.16M	0.63%	18,237 +512	+3%	+$88.7K
20	20 Xtrackers USD High Yield Corporate Bond ETF HYLB $3.94B	$2.54M	0.51%	70,360 +1,773	+3%	+$64.1K
21	21 VanEck JP Morgan EM Local Currency Bond ETF EMLC $3.7B	$2.13M	0.42%	89,101 +5,055	+6%	+$121K
22	22 iShares JPMorgan USD Emerging Markets Bond ETF EMB $13.4B	$2.12M	0.42%	23,381 +810	+4%	+$73.4K
23	23 VanEck High Yield Muni ETF HYD $3.27B	$1.95M	0.39%	38,178 -181	-0.5%	-$9.26K
24	24 Vanguard S&P 500 ETF VOO $724B	$1.91M	0.38%	3,713 -254	-6%	-$131K
25	25 Archer Daniels Midland ADM $28.7B	$1.9M	0.38%	39,596	–	–