NPFS

Novak & Powell Financial Services Portfolio holdings

AUM $161M

AUM

$161M

AUM Growth

-$7.19M (-4%)

Cap. Flow

+$505K

Cap. Flow % of AUM

0.31%

Top 10 Holdings %Top 10 Hldgs %

38.17%

Holding

161

New

11

Increased

62

Reduced

59

Closed

9

Top Buys

1	Vanguard Financials ETF VFH	$1.15M
2	Vanguard Small-Cap ETF VB	$432K
3	iShares S&P 500 Growth ETF IVW	$385K
4	Stryker SYK	$372K
5	iShares Core S&P 500 ETF IVV	$313K

Top Sells

1	Vanguard Small-Cap Value ETF VBR	$509K
2	Vanguard Short-Term Corporate Bond ETF VCSH	$382K
3	Vanguard Value ETF VTV	$286K
4	Vanguard Total Bond Market BND	$256K
5	Vanguard Growth ETF VUG	$255K

Sector Composition

1	Technology	11.4%
2	Financials	5.86%
3	Healthcare	2.86%
4	Industrials	2.86%
5	Consumer Staples	2.75%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
151	CMU 151 MFS High Yield Municipal Trust CMU $84.9M	$102K	0.06%	29,092 +355	+1%	+$1.24K
152	DSM 152 BNY Mellon Strategic Municipal Bond Fund DSM $274M	$100K	0.06%	17,389 +158	+0.9%	+$912
153	153 PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund CORP $1.36B	$0	0%	0 -21,629	Closed	–
154	154 Pacer US Cash Cows 100 ETF COWZ $21.4B	$0	0%	0 -4,729	Closed	–
155	155 Dimensional Emerging Core Equity Market ETF DFAE $5.83B	$0	0%	0 -14,413	Closed	–
156	LEO 156 BNY Mellon Strategic Municipals LEO $361M	$0	0%	0 -25,608	Closed	–
157	157 Netflix NFLX $528B	$0	0%	0 -142	Closed	–
158	158 Invesco S&P SmallCap Industrials ETF PSCI $129M	$0	0%	0 -1,617	Closed	–
159	159 iShares 0-3 Month Treasury Bond ETF SGOV $47.1B	$0	0%	0 -8,589	Closed	–
160	TTEQ 160 T. Rowe Price Technology ETF TTEQ $37.1M	$0	0%	0 -2,029	Closed	–
161	FEGE 161 First Eagle Global Equity ETF FEGE $260M	$0	0%	0 -3,885	Closed	–