NEWAS

N.E.W. Advisory Services Portfolio holdings

AUM $1.31B

This Quarter Return

-1.43%

1 Year Return

+5.48%

3 Year Return

+15.49%

5 Year Return

+73.08%

10 Year Return

–

AUM

$1.31B

AUM Growth

+$254M (+24%)

Cap. Flow

+$271M

Cap. Flow % of AUM

20.71%

Top 10 Holdings %Top 10 Hldgs %

51.45%

Holding

897

New

708

Increased

151

Reduced

Closed

Top Buys

1	Vanguard Total Stock Market ETF VTI	$39.3M
2	SPDR Portfolio S&P 500 Value ETF SPYV	$17.7M
3	First Trust Core Investment Grade ETF FTCB	$14.6M
4	JPMorgan Hedged Equity Laddered Overlay ETF HELO	$12.1M
5	JPMorgan Core Plus Bond ETF JCPB	$8.85M

Top Sells

1	First Trust Smith Unconstrained Bond ETF UCON	$7.22M
2	Dimensional International Value ETF DFIV	$1.45M
3	HTLF Heartland Financial USA, Inc. HTLF	$431K
4	American Healthcare REIT AHR	$415K
5	SILA Sila Realty Trust, Inc. SILA	$286K

Sector Composition

1	Financials	3.14%
2	Technology	2.93%
3	Consumer Staples	1.71%
4	Consumer Discretionary	0.86%
5	Industrials	0.66%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Vanguard Total Stock Market ETF VTI $508B	$207M	15.86%	754,019 +142,913	+23%	+$39.3M
2	2 SPDR Portfolio S&P 500 Value ETF SPYV $27.1B	$97M	7.43%	1,900,110 +347,494	+22%	+$17.7M
3	3 SPDR Portfolio S&P 500 ETF SPLG $77.4B	$69.7M	5.34%	1,060,174 +79,930	+8%	+$5.26M
4	4 SPDR Portfolio Aggregate Bond ETF SPAB $8.55B	$58.3M	4.46%	2,282,866 +227,510	+11%	+$5.81M
5	5 iShares Core International Aggregate Bond Fund IAGG $10.6B	$55.6M	4.25%	1,111,862 +85,926	+8%	+$4.3M
6	6 JPMorgan Ultra-Short Income ETF JPST $32.1B	$54.8M	4.2%	1,082,614 +117,651	+12%	+$5.96M
7	7 Dimensional World ex US Core Equity 2 ETF DFAX $8.98B	$34.7M	2.66%	1,325,007 +121,256	+10%	+$3.18M
8	8 Vanguard Total International Stock ETF VXUS $97.1B	$32.8M	2.51%	528,114 +57,515	+12%	+$3.57M
9	9 SPDR Portfolio S&P 1500 Composite Stock Market ETF SPTM $10.7B	$32.2M	2.46%	473,142 +67,100	+17%	+$4.56M
10	10 Vanguard Total Bond Market BND $131B	$29.8M	2.28%	405,785 +39,746	+11%	+$2.92M
11	11 Vanguard S&P Small-Cap 600 Value ETF VIOV $1.33B	$29.7M	2.27%	353,903 +33,369	+10%	+$2.8M
12	12 SPDR Portfolio Developed World ex-US ETF SPDW $27.3B	$27.9M	2.13%	765,959 +103,619	+16%	+$3.77M
13	13 Avantis US Small Cap Value ETF AVUV $17B	$26M	1.99%	298,028 +67,642	+29%	+$5.9M
14	14 Berkshire Hathaway Class B BRK.B $1.03T	$24M	1.84%	45,120 +5,606	+14%	+$2.99M
15	15 JPMorgan Hedged Equity Laddered Overlay ETF HELO $3.31B	$22.3M	1.71%	374,226 +202,086	+117%	+$12.1M
16	16 Dimensional US Core Equity 2 ETF DFAC $35.9B	$21M	1.61%	637,671 +19,322	+3%	+$637K
17	17 Apple AAPL $3.2T	$19.8M	1.51%	89,036 +21,990	+33%	+$4.88M
18	18 SPDR Portfolio Emerging Markets ETF SPEM $12.6B	$17.7M	1.35%	449,585 +59,447	+15%	+$2.34M
19	19 JPMorgan Core Plus Bond ETF JCPB $7.03B	$16.1M	1.23%	342,893 +188,175	+122%	+$8.85M
20	20 Procter & Gamble PG $371B	$16M	1.22%	93,739 +7,213	+8%	+$1.23M
21	21 First Trust Core Investment Grade ETF FTCB $1.25B	$14.6M	1.12%	+696,398	New	+$14.6M
22	22 Vanguard Extended Market ETF VXF $23B	$14.6M	1.12%	84,728 +18,717	+28%	+$3.22M
23	23 First Trust SMID Cap Rising Dividend Achievers ETF SDVY $8.4B	$14.2M	1.09%	423,353 +220,599	+109%	+$7.39M
24	24 SPDR S&P 600 Small Cap Value ETF SLYV $3.81B	$12.7M	0.97%	162,095 +58,092	+56%	+$4.55M
25	25 Vanguard S&P 500 ETF VOO $694B	$12.6M	0.96%	24,473 +3,921	+19%	+$2.02M