MFA

Morling Financial Advisors Portfolio holdings

AUM $290M

AUM

$290M

AUM Growth

+$3.49M (+1%)

Cap. Flow

+$16.1M

Cap. Flow % of AUM

5.54%

Top 10 Holdings %Top 10 Hldgs %

70.94%

Holding

140

New

Increased

Reduced

Closed

Top Buys

1	First Trust Smith Unconstrained Bond ETF UCON	$1.83M
2	Dimensional Emerging Core Equity Market ETF DFAE	$1.46M
3	Vanguard Short-Term Treasury ETF VGSH	$1.3M
4	Vanguard Total Stock Market ETF VTI	$1.21M
5	Alphabet (Google) Class A GOOGL	$1.04M

Top Sells

1	SPDR DoubleLine Total Return Tactical ETF TOTL	$2.28M
2	Meta Platforms (Facebook) META	$463K
3	Airbnb ABNB	$410K
4	Invesco QQQ Trust QQQ	$291K
5	Vanguard Small-Cap ETF VB	$88.7K

Sector Composition

1	Technology	6.35%
2	Financials	5.33%
3	Communication Services	2.56%
4	Consumer Discretionary	1.2%
5	Healthcare	0.53%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
101	101 Vanguard Small-Cap Growth ETF VBK $18.5B	$49.1K	0.02%	195	–	–
102	102 SPDR S&P Dividend ETF SDY $19.9B	$47.9K	0.02%	353	–	–
103	103 Vanguard FTSE All-World ex-US Small-Cap Index Fund VSS $8.99B	$44K	0.02%	381	New	+$44K
104	104 Avantis All International Markets Equity ETF AVNM $301M	$41.5K	0.01%	712	–	–
105	105 Schwab Short-Term US Treasury ETF SCHO $11.1B	$24.8K	0.01%	1,020	New	+$24.8K
106	106 iShares Semiconductor ETF SOXX $12.2B	$23.7K	0.01%	126	–	–
107	107 iShares S&P 500 Growth ETF IVW $57.6B	$21.7K	0.01%	234	–	–
108	108 Avantis US Small Cap Value ETF AVUV $15.5B	$20.5K	0.01%	235	–	–
109	109 AXT Inc AXTI $81.2M	$14.1K	0%	10,000	–	–
110	110 iShares MSCI Intl Value Factor ETF IVLU $2.2B	$12K	0%	397	–	–
111	111 iShares Russell 2000 Value ETF IWN $11B	$11.8K	0%	78	–	–
112	112 Schwab US TIPS ETF SCHP $12.7B	$9.63K	0%	358	New	+$9.63K
113	113 Vanguard Intermediate-Term Treasury ETF VGIT $31.2B	$9.33K	0%	157	New	+$9.33K
114	114 iShares Select U.S. REIT ETF ICF $1.95B	$9.23K	0%	150	–	–
115	115 iShares MSCI Emerging Markets ETF EEM $17.7B	$8.13K	0%	186	–	–
116	116 SPDR Bloomberg Emerging Markets Local Bond ETF EBND $1.91B	$7.67K	0%	382	New	+$7.67K
117	117 Vanguard Long-Term Treasury ETF VGLT $9.58B	$5.7K	0%	99	New	+$5.7K
118	118 iShares China Large-Cap ETF FXI $6.21B	$2.15K	0%	60 -110	-65%	-$3.94K
119	119 Vanguard Mid-Cap Value ETF VOE $17.6B	$138	0%	1	–	–
120	120 iShares Core MSCI International Developed Markets ETF IDEV $20.2B	$54	0%	1	–	–
121	121 Arbor Realty Trust ABR $1.97B	$0	0%	0 -13,663	Closed	–
122	122 Avantis US Large Cap Value ETF AVLV $7.31B	$0	0%	0 -343	Closed	–
123	123 Avantis US Small Cap Equity ETF AVSC $1.55B	$0	0%	0 -199	Closed	–
124	124 Cadence Design Systems CDNS $81.1B	$0	0%	0 -667	Closed	–
125	125 Vanguard World Funds Extended Duration ETF EDV $3.45B	$0	0%	0 -511	Closed	–