TCM

Twele Capital Management Portfolio holdings

AUM $472M

AUM

$472M

AUM Growth

-$152K (-0%)

Cap. Flow

+$2.18M

Cap. Flow % of AUM

0.46%

Top 10 Holdings %Top 10 Hldgs %

74.74%

Holding

40

New

–

Increased

24

Reduced

14

Closed

1

Top Buys

1	Vanguard S&P 500 ETF VOO	$2.28M
2	Vanguard Small-Cap ETF VB	$2.09M
3	iShares Core S&P 500 ETF IVV	$2M
4	iShares Core S&P Mid-Cap ETF IJH	$1.57M
5	iShares US Treasury Bond ETF GOVT	$76.9K

Top Sells

1	iShares 7-10 Year Treasury Bond ETF IEF	$1.66M
2	iShares Core MSCI EAFE ETF IEFA	$1.32M
3	iShares Core US Aggregate Bond ETF AGG	$1.1M
4	Vanguard FTSE Developed Markets ETF VEA	$985K
5	Vanguard Total Bond Market BND	$867K

Sector Composition

1

Technology

0.2%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 iShares National Muni Bond ETF MUB $38.8B	$917K	0.19%	8,700 +123	+1%	+$13K
27	27 Schwab International Equity ETF SCHF $48B	$770K	0.16%	38,926 +425	+1%	+$8.41K
28	28 Schwab U.S Small- Cap ETF SCHA $16.8B	$730K	0.15%	31,149 +132	+0.4%	+$3.09K
29	29 Apple AAPL $2.93T	$631K	0.13%	2,839 +2	+0.1%	+$444
30	30 Schwab US Broad Market ETF SCHB $33.1B	$627K	0.13%	29,109 +76	+0.3%	+$1.64K
31	31 Vanguard Intermediate-Term Corporate Bond ETF VCIT $53.3B	$622K	0.13%	7,607 +608	+9%	+$49.7K
32	32 iShares Russell 1000 Growth ETF IWF $107B	$561K	0.12%	1,553 -3	-0.2%	-$1.08K
33	33 Schwab US Mid-Cap ETF SCHM $11.2B	$484K	0.1%	18,483 +13	+0.1%	+$341
34	34 Schwab Intermediately-Term US Treasury ETF SCHR $10.8B	$477K	0.1%	19,191 +487	+3%	+$12.1K
35	35 Vanguard Growth ETF VUG $166B	$444K	0.09%	1,196 -4	-0.3%	-$1.48K
36	36 iShares 1-3 Year Treasury Bond ETF SHY $24.2B	$441K	0.09%	5,336 +40	+0.8%	+$3.31K
37	37 iShares Select Dividend ETF DVY $19.3B	$411K	0.09%	3,063 -15	-0.5%	-$2.01K
38	38 NVIDIA NVDA $3.46T	$289K	0.06%	2,668	–	–
39	39 Schwab Emerging Markets Equity ETF SCHE $10B	$272K	0.06%	9,867 +135	+1%	+$3.72K
40	40 iShares MSCI Emerging Markets ETF EEM $17.7B	$0	0%	0 -4,550	Closed	–