Valmark Advisers Portfolio holdings

AUM $6.63B

This Quarter Return

-0.52%

1 Year Return

+3.58%

3 Year Return

+9.19%

5 Year Return

+58.07%

10 Year Return

+59.25%

AUM

$6.63B

AUM Growth

+$175M (+3%)

Cap. Flow

+$232M

Cap. Flow % of AUM

3.49%

Top 10 Holdings %Top 10 Hldgs %

47.49%

Holding

628

New

Increased

275

Reduced

241

Closed

Top Buys

1	SPDR Portfolio S&P 400 Mid Cap ETF SPMD	$19.1M
2	SPDR Portfolio S&P 600 Small Cap ETF SPSM	$19M
3	Vanguard Intermediate-Term Treasury ETF VGIT	$15.9M
4	SPDR Portfolio S&P 500 Value ETF SPYV	$14.2M
5	Vanguard S&P 500 ETF VOO	$12.7M

Top Sells

1	Schwab US Dividend Equity ETF SCHD	$6.32M
2	First Trust Capital Strength ETF FTCS	$6.19M
3	WisdomTree Target Range Fund GTR	$5.11M
4	Schwab US Mid-Cap ETF SCHM	$2.67M
5	SUM Summit Materials, Inc. Class A Common Stock SUM	$1.9M

Sector Composition

1	Technology	1.74%
2	Financials	1.11%
3	Consumer Discretionary	0.59%
4	Industrials	0.57%
5	Consumer Staples	0.54%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 iShares Core S&P Mid-Cap ETF IJH $97.4B	$54.3M	0.82%	930,610 -3,547	-0.4%	-$207K
27	27 WisdomTree Emerging Markets ex-State-Owned Enterprises Fund XSOE $1.88B	$51.6M	0.78%	1,671,636 +27,714	+2%	+$856K
28	28 WisdomTree Target Range Fund GTR $57.1M	$49.3M	0.74%	2,131,551 -220,687	-9%	-$5.11M
29	29 JPMorgan Ultra-Short Income ETF JPST $32B	$47.1M	0.71%	930,368 +161,263	+21%	+$8.16M
30	30 Apple AAPL $3.12T	$43.4M	0.66%	195,482 -2,817	-1%	-$626K
31	31 Vanguard FTSE All-World ex-US ETF VEU $46.1B	$38.8M	0.59%	639,472 +79,643	+14%	+$4.83M
32	32 iShares Core S&P Small-Cap ETF IJR $82B	$36.9M	0.56%	352,692 -4,264	-1%	-$446K
33	33 iShares Core S&P 500 ETF IVV $631B	$34M	0.51%	60,429 +2,350	+4%	+$1.32M
34	34 iShares Core S&P Total US Stock Market ETF ITOT $71.8B	$32.4M	0.49%	265,482 -6,256	-2%	-$763K
35	35 Vanguard Total Stock Market ETF VTI $504B	$31.9M	0.48%	115,946 +2,169	+2%	+$596K
36	36 Vanguard Total International Bond ETF BNDX $67.1B	$31.6M	0.48%	647,219 +27,456	+4%	+$1.34M
37	37 Berkshire Hathaway Class B BRK.B $1.03T	$31.3M	0.47%	58,787 +5,311	+10%	+$2.83M
38	38 Capital Group Dividend Value ETF CGDV $19.4B	$29.6M	0.45%	830,887 +60,645	+8%	+$2.16M
39	39 Vanguard Dividend Appreciation ETF VIG $93B	$28.8M	0.43%	148,233 -123	-0.1%	-$23.9K
40	40 SPDR Bloomberg Investment Grade Floating Rate ETF FLRN $2.77B	$27.2M	0.41%	882,501 +27,000	+3%	+$832K
41	41 iShares Core S&P US Growth ETF IUSG $23.7B	$25.3M	0.38%	199,172 +45,842	+30%	+$5.83M
42	42 Vanguard High Dividend Yield ETF VYM $61.8B	$23.5M	0.36%	182,532 +1,357	+0.8%	+$175K
43	43 iShares US Small Cap Equity Factor ETF SMLF $1.89B	$22.7M	0.34%	365,590 +31,297	+9%	+$1.95M
44	44 Capital Group Core Bond ETF CGCB $2.51B	$22.5M	0.34%	856,359 +41,364	+5%	+$1.09M
45	45 Microsoft MSFT $3.74T	$22.3M	0.34%	59,280 -3,058	-5%	-$1.15M
46	46 Vanguard Extended Market ETF VXF $22.8B	$21.9M	0.33%	127,125 +8,598	+7%	+$1.48M
47	47 iShares Russell Top 200 Growth ETF IWY $14.2B	$21.5M	0.32%	101,901 -1,598	-2%	-$337K
48	48 iShares Core US Aggregate Bond ETF AGG $128B	$21.4M	0.32%	216,408 +10,124	+5%	+$1M
49	49 iShares Select Dividend ETF DVY $20.1B	$21.3M	0.32%	158,940 -721	-0.5%	-$96.8K
50	50 iShares MSCI USA Min Vol Factor ETF USMV $23.6B	$20.6M	0.31%	219,526 -7,470	-3%	-$700K