# EDGAR Filing Document

**Accession Number:** 0001802459
**File Stem:** 0001104659-26-049318
**Filing Date:** 2026-4
**Character Count:** 19151
**Document Hash:** 6a7bc46059737e24ae24e8daa16ef41e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-049318.hdr.sgml**: 20260427

**ACCESSION NUMBER**: 0001104659-26-049318

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260427

**DATE AS OF CHANGE**: 20260427

**EFFECTIVENESS DATE**: 20260427

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CWS Financial Advisors, LLC
- **CENTRAL INDEX KEY:** 0001802459

**ORGANIZATION NAME:**
- **EIN:** 464489410
- **STATE OF INCORPORATION:** MI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20009
- **FILM NUMBER:** 26899600

**BUSINESS ADDRESS:**
- **STREET 1:** 405 WEST MICHIGAN AVENUE
- **STREET 2:** SUITE 110
- **CITY:** KALAMAZOO
- **STATE:** MI
- **ZIP:** 49007
- **BUSINESS PHONE:** (269) 349-4600

**MAIL ADDRESS:**
- **STREET 1:** 405 WEST MICHIGAN AVENUE
- **STREET 2:** SUITE 110
- **CITY:** KALAMAZOO
- **STATE:** MI
- **ZIP:** 49007

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** CWS Financial Advisors LLC<br>**Address:** 405 WEST MICHIGAN AVENUE<br>SUITE 110<br>KALAMAZOO, MI 49007

**Form 13F File Number:** 028-20009

**CRD Number (if applicable):** 000297000

**SEC File Number (if applicable):** 801-113289

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Cory Wietfeldt<br>**Title:** Chief Compliance Officer<br>**Phone:** 269-349-4600

**Signature, Place, and Date of Signing:**

/s/ Cory Wietfeldt  Kalamazoo, MI  04-17-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 157

**Form 13F Information Table Value Total:** $390266581

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 261598 | 1801 | SH |  | SOLE |  | 0 | 0 | 1801 |
| ABBOTT LABS | COM | 002824100 |  | 632680 | 6162 | SH |  | SOLE |  | 0 | 0 | 6162 |
| ABBVIE INC | COM | 00287Y109 |  | 1095917 | 5039 | SH |  | SOLE |  | 0 | 0 | 5039 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 296750 | 1022 | SH |  | SOLE |  | 0 | 0 | 1022 |
| ALLIANCEBERNSTEIN GLOBAL HIG | COM | 01879R106 |  | 121582 | 11955 | SH |  | SOLE |  | 0 | 0 | 11955 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 319552 | 4453 | SH |  | SOLE |  | 0 | 0 | 4453 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1546277 | 5377 | SH |  | SOLE |  | 0 | 0 | 5377 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 731118 | 2549 | SH |  | SOLE |  | 0 | 0 | 2549 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 977056 | 14806 | SH |  | SOLE |  | 0 | 0 | 14806 |
| AMAZON COM INC | COM | 023135106 |  | 1420193 | 6819 | SH |  | SOLE |  | 0 | 0 | 6819 |
| AMERICAN CENTY ETF TR | AVANTIS EMERGING | 02507A101 |  | 1731965 | 25609 | SH |  | SOLE |  | 0 | 0 | 25609 |
| AMGEN INC | COM | 031162100 |  | 523326 | 1487 | SH |  | SOLE |  | 0 | 0 | 1487 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 215629 | 1707 | SH |  | SOLE |  | 0 | 0 | 1707 |
| ANALOG DEVICES INC | COM | 032654105 |  | 998133 | 3137 | SH |  | SOLE |  | 0 | 0 | 3137 |
| APPLE INC | COM | 037833100 |  | 15366973 | 60550 | SH |  | SOLE |  | 0 | 0 | 60550 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 269507 | 14956 | SH |  | SOLE |  | 0 | 0 | 14956 |
| AT INC | COM | 00206R102 |  | 537433 | 18539 | SH |  | SOLE |  | 0 | 0 | 18539 |
| BANK AMERICA CORP | COM | 060505104 |  | 230472 | 4728 | SH |  | SOLE |  | 0 | 0 | 4728 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 210097 | 1336 | SH |  | SOLE |  | 0 | 0 | 1336 |
| BERKLEY W R CORP | COM | 084423102 |  | 231685 | 3496 | SH |  | SOLE |  | 0 | 0 | 3496 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 949774 | 1982 | SH |  | SOLE |  | 0 | 0 | 1982 |
| BOEING CO | COM | 097023105 |  | 285011 | 1432 | SH |  | SOLE |  | 0 | 0 | 1432 |
| BROADCOM INC | COM | 11135F101 |  | 269690 | 871 | SH |  | SOLE |  | 0 | 0 | 871 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 533909 | 3286 | SH |  | SOLE |  | 0 | 0 | 3286 |
| CAPITAL GROUP CONSERVATIVE E | SHS | 14020U100 |  | 1658150 | 55624 | SH |  | SOLE |  | 0 | 0 | 55624 |
| CAPITAL GROUP CORE BALANCED | SHS | 14021D107 |  | 4162010 | 120953 | SH |  | SOLE |  | 0 | 0 | 120953 |
| CAPITAL GROUP CORE EQUITY ET | SHS CREATION UNI | 14020V108 |  | 1536496 | 39992 | SH |  | SOLE |  | 0 | 0 | 39992 |
| CAPITAL GROUP DIVIDEND GROWE | SHS ETF | 14021L109 |  | 1903802 | 53031 | SH |  | SOLE |  | 0 | 0 | 53031 |
| CAPITAL GROUP DIVIDEND VALUE | SHS CREATION UNI | 14020W106 |  | 1460603 | 34335 | SH |  | SOLE |  | 0 | 0 | 34335 |
| CAPITAL GROUP GROWTH ETF | SHS CREATION UNI | 14020G101 |  | 5389430 | 134099 | SH |  | SOLE |  | 0 | 0 | 134099 |
| CAPITAL GROUP INTL FOCUS EQT | SHS CREATION UNI | 14019W109 |  | 2127214 | 72133 | SH |  | SOLE |  | 0 | 0 | 72133 |
| CAPITAL GRP FIXED INCM ETF T | CORE BOND ETF | 14020Y508 |  | 1862194 | 70914 | SH |  | SOLE |  | 0 | 0 | 70914 |
| CAPITAL GRP FIXED INCM ETF T | CORE PLUS INCM | 14020Y102 |  | 767621 | 34361 | SH |  | SOLE |  | 0 | 0 | 34361 |
| CAPITAL GRP FIXED INCM ETF T | MUNICIPAL INCOME | 14020Y201 |  | 226070 | 8327 | SH |  | SOLE |  | 0 | 0 | 8327 |
| CATERPILLAR INC | COM | 149123101 |  | 714836 | 1009 | SH |  | SOLE |  | 0 | 0 | 1009 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 204714 | 721 | SH |  | SOLE |  | 0 | 0 | 721 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1552356 | 7503 | SH |  | SOLE |  | 0 | 0 | 7503 |
| CHUBB LIMITED | COM | H1467J104 |  | 839361 | 2575 | SH |  | SOLE |  | 0 | 0 | 2575 |
| CISCO SYS INC | COM | 17275R102 |  | 1038792 | 13388 | SH |  | SOLE |  | 0 | 0 | 13388 |
| CIVISTA BANCSHARES INC | COM NO PAR | 178867107 |  | 521367 | 22877 | SH |  | SOLE |  | 0 | 0 | 22877 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 200150 | 970 | SH |  | SOLE |  | 0 | 0 | 970 |
| COCA COLA CO | COM | 191216100 |  | 644916 | 8480 | SH |  | SOLE |  | 0 | 0 | 8480 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 477072 | 5597 | SH |  | SOLE |  | 0 | 0 | 5597 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 508090 | 3849 | SH |  | SOLE |  | 0 | 0 | 3849 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 544496 | 546 | SH |  | SOLE |  | 0 | 0 | 546 |
| CUMMINS INC | COM | 231021106 |  | 206062 | 383 | SH |  | SOLE |  | 0 | 0 | 383 |
| DEERE  CO | COM | 244199105 |  | 200634 | 356 | SH |  | SOLE |  | 0 | 0 | 356 |
| DIMENSIONAL ETF TRUST | US EQUITY MARKET | 25434V401 |  | 31422753 | 443136 | SH |  | SOLE |  | 0 | 0 | 443136 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 |  | 6305940 | 161857 | SH |  | SOLE |  | 0 | 0 | 161857 |
| DIMENSIONAL ETF TRUST | US SMALL CAP ETF | 25434V500 |  | 966079 | 13582 | SH |  | SOLE |  | 0 | 0 | 13582 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 1 | 25434V625 |  | 476226 | 6607 | SH |  | SOLE |  | 0 | 0 | 6607 |
| DIMENSIONAL ETF TRUST | INTERNATNAL VAL | 25434V807 |  | 267477 | 5068 | SH |  | SOLE |  | 0 | 0 | 5068 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 237940 | 6123 | SH |  | SOLE |  | 0 | 0 | 6123 |
| DIMENSIONAL ETF TRUST | US CORE EQT MKT | 25434V104 |  | 221560 | 4910 | SH |  | SOLE |  | 0 | 0 | 4910 |
| DISNEY WALT CO | COM | 254687106 |  | 395359 | 4102 | SH |  | SOLE |  | 0 | 0 | 4102 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 413058 | 3155 | SH |  | SOLE |  | 0 | 0 | 3155 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 483763 | 6041 | SH |  | SOLE |  | 0 | 0 | 6041 |
| ELI LILLY  CO | COM | 532457108 |  | 696906 | 758 | SH |  | SOLE |  | 0 | 0 | 758 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 855843 | 7617 | SH |  | SOLE |  | 0 | 0 | 7617 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 203689 | 5383 | SH |  | SOLE |  | 0 | 0 | 5383 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1643161 | 9685 | SH |  | SOLE |  | 0 | 0 | 9685 |
| FASTENAL CO | COM | 311900104 |  | 939971 | 20258 | SH |  | SOLE |  | 0 | 0 | 20258 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 373266 | 8048 | SH |  | SOLE |  | 0 | 0 | 8048 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 624441 | 1819 | SH |  | SOLE |  | 0 | 0 | 1819 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 446123 | 3201 | SH |  | SOLE |  | 0 | 0 | 3201 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 216573 | 256 | SH |  | SOLE |  | 0 | 0 | 256 |
| GRACO INC | COM | 384109104 |  | 594412 | 7022 | SH |  | SOLE |  | 0 | 0 | 7022 |
| HOME DEPOT INC | COM | 437076102 |  | 1079958 | 3284 | SH |  | SOLE |  | 0 | 0 | 3284 |
| HONEYWELL INTL INC | COM | 438516106 |  | 248181 | 1098 | SH |  | SOLE |  | 0 | 0 | 1098 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 492827 | 1893 | SH |  | SOLE |  | 0 | 0 | 1893 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1792241 | 7394 | SH |  | SOLE |  | 0 | 0 | 7394 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 9361614 | 16220 | SH |  | SOLE |  | 0 | 0 | 16220 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 546545 | 7836 | SH |  | SOLE |  | 0 | 0 | 7836 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 18129556 | 145841 | SH |  | SOLE |  | 0 | 0 | 145841 |
| ISHARES TR | CORE S ETF | 464287200 |  | 3073224 | 4705 | SH |  | SOLE |  | 0 | 0 | 4705 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 2362358 | 26095 | SH |  | SOLE |  | 0 | 0 | 26095 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 1303893 | 19308 | SH |  | SOLE |  | 0 | 0 | 19308 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 634531 | 5610 | SH |  | SOLE |  | 0 | 0 | 5610 |
| ISHARES TR | ESG OPTIMIZED | 464288802 |  | 583049 | 4414 | SH |  | SOLE |  | 0 | 0 | 4414 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 559270 | 2649 | SH |  | SOLE |  | 0 | 0 | 2649 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 480013 | 4507 | SH |  | SOLE |  | 0 | 0 | 4507 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 368275 | 1920 | SH |  | SOLE |  | 0 | 0 | 1920 |
| ISHARES TR | ESG AWARE MSCI | 46435U663 |  | 311415 | 6623 | SH |  | SOLE |  | 0 | 0 | 6623 |
| ISHARES TR | INTL DIV GRWTH | 46435G524 |  | 281538 | 3361 | SH |  | SOLE |  | 0 | 0 | 3361 |
| ISHARES TR | ESG AW MSCI EAFE | 46435G516 |  | 261323 | 2733 | SH |  | SOLE |  | 0 | 0 | 2733 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 233519 | 2518 | SH |  | SOLE |  | 0 | 0 | 2518 |
| ISHARES TR | S MC 400GR ETF | 464287606 |  | 208424 | 2071 | SH |  | SOLE |  | 0 | 0 | 2071 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 968850 | 3964 | SH |  | SOLE |  | 0 | 0 | 3964 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 1357502 | 4615 | SH |  | SOLE |  | 0 | 0 | 4615 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 579566 | 17285 | SH |  | SOLE |  | 0 | 0 | 17285 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 314777 | 912 | SH |  | SOLE |  | 0 | 0 | 912 |
| LINDE PLC | SHS | G54950103 |  | 1068447 | 2155 | SH |  | SOLE |  | 0 | 0 | 2155 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1210758 | 2003 | SH |  | SOLE |  | 0 | 0 | 2003 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 423261 | 719 | SH |  | SOLE |  | 0 | 0 | 719 |
| MASCO CORP | COM | 574599106 |  | 215244 | 3565 | SH |  | SOLE |  | 0 | 0 | 3565 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 472596 | 946 | SH |  | SOLE |  | 0 | 0 | 946 |
| MCDONALDS CORP | COM | 580135101 |  | 2246799 | 7229 | SH |  | SOLE |  | 0 | 0 | 7229 |
| MERCK  CO INC | COM | 58933Y105 |  | 267739 | 2226 | SH |  | SOLE |  | 0 | 0 | 2226 |
| META PLATFORMS INC | CL A | 30303M102 |  | 563598 | 985 | SH |  | SOLE |  | 0 | 0 | 985 |
| MICROSOFT CORP | COM | 594918104 |  | 6738364 | 18203 | SH |  | SOLE |  | 0 | 0 | 18203 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 367940 | 2236 | SH |  | SOLE |  | 0 | 0 | 2236 |
| NETFLIX INC | COM | 64110L106 |  | 347294 | 3612 | SH |  | SOLE |  | 0 | 0 | 3612 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 727209 | 7830 | SH |  | SOLE |  | 0 | 0 | 7830 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 235053 | 819 | SH |  | SOLE |  | 0 | 0 | 819 |
| NORTHERN TR CORP | COM | 665859104 |  | 557861 | 3997 | SH |  | SOLE |  | 0 | 0 | 3997 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 271895 | 1559 | SH |  | SOLE |  | 0 | 0 | 1559 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 275998 | 1402 | SH |  | SOLE |  | 0 | 0 | 1402 |
| ORACLE CORP | COM | 68389X105 |  | 219827 | 1494 | SH |  | SOLE |  | 0 | 0 | 1494 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 901181 | 1007 | SH |  | SOLE |  | 0 | 0 | 1007 |
| PAYCHEX INC | COM | 704326107 |  | 569378 | 6181 | SH |  | SOLE |  | 0 | 0 | 6181 |
| PEPSICO INC | COM | 713448108 |  | 1650601 | 10629 | SH |  | SOLE |  | 0 | 0 | 10629 |
| PFIZER INC | COM | 717081103 |  | 446316 | 15894 | SH |  | SOLE |  | 0 | 0 | 15894 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1316434 | 7962 | SH |  | SOLE |  | 0 | 0 | 7962 |
| PHILLIPS 66 | COM | 718546104 |  | 259242 | 1423 | SH |  | SOLE |  | 0 | 0 | 1423 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1705913 | 11811 | SH |  | SOLE |  | 0 | 0 | 11811 |
| PROGRESSIVE CORP | COM | 743315103 |  | 808026 | 4076 | SH |  | SOLE |  | 0 | 0 | 4076 |
| RTX CORPORATION | COM | 75513E101 |  | 301534 | 1563 | SH |  | SOLE |  | 0 | 0 | 1563 |
| S GLOBAL INC | COM | 78409V104 |  | 208457 | 490 | SH |  | SOLE |  | 0 | 0 | 490 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 317235 | 3376 | SH |  | SOLE |  | 0 | 0 | 3376 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 3226090 | 105153 | SH |  | SOLE |  | 0 | 0 | 105153 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 215358 | 8580 | SH |  | SOLE |  | 0 | 0 | 8580 |
| SNAP ON INC | COM | 833034101 |  | 658731 | 1814 | SH |  | SOLE |  | 0 | 0 | 1814 |
| SOUTHERN CO | COM | 842587107 |  | 1645393 | 17047 | SH |  | SOLE |  | 0 | 0 | 17047 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 872198 | 2027 | SH |  | SOLE |  | 0 | 0 | 2027 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 3845360 | 5913 | SH |  | SOLE |  | 0 | 0 | 5913 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 2050612 | 3325 | SH |  | SOLE |  | 0 | 0 | 3325 |
| STARBUCKS CORP | COM | 855244109 |  | 324465 | 3622 | SH |  | SOLE |  | 0 | 0 | 3622 |
| STRYKER CORPORATION | COM | 863667101 |  | 79905217 | 243176 | SH |  | SOLE |  | 0 | 0 | 243176 |
| TJX COS INC NEW | COM | 872540109 |  | 311655 | 1952 | SH |  | SOLE |  | 0 | 0 | 1952 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 258247 | 2625 | SH |  | SOLE |  | 0 | 0 | 2625 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 738620 | 1926 | SH |  | SOLE |  | 0 | 0 | 1926 |
| VANGUARD ADMIRAL FDS INC | 500 GRTH IDX F | 921932505 |  | 946762 | 2322 | SH |  | SOLE |  | 0 | 0 | 2322 |
| VANGUARD BD INDEX FDS | VANGUARD ULTRA | 92203C303 |  | 3184958 | 63974 | SH |  | SOLE |  | 0 | 0 | 63974 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 868424 | 11793 | SH |  | SOLE |  | 0 | 0 | 11793 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 520007 | 6632 | SH |  | SOLE |  | 0 | 0 | 6632 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 24786590 | 41480 | SH |  | SOLE |  | 0 | 0 | 41480 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 11395723 | 58082 | SH |  | SOLE |  | 0 | 0 | 58082 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 11028122 | 25248 | SH |  | SOLE |  | 0 | 0 | 25248 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 10709776 | 33384 | SH |  | SOLE |  | 0 | 0 | 33384 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 4427581 | 16904 | SH |  | SOLE |  | 0 | 0 | 16904 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 3141376 | 10939 | SH |  | SOLE |  | 0 | 0 | 10939 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 |  | 2730256 | 13267 | SH |  | SOLE |  | 0 | 0 | 13267 |
| VANGUARD MALVERN FDS | CORE BD ETF | 922020748 |  | 249047 | 3218 | SH |  | SOLE |  | 0 | 0 | 3218 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 476250 | 9546 | SH |  | SOLE |  | 0 | 0 | 9546 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 4117073 | 70329 | SH |  | SOLE |  | 0 | 0 | 70329 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 3629499 | 45787 | SH |  | SOLE |  | 0 | 0 | 45787 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 1631637 | 27399 | SH |  | SOLE |  | 0 | 0 | 27399 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 11770504 | 54731 | SH |  | SOLE |  | 0 | 0 | 54731 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 14813486 | 192108 | SH |  | SOLE |  | 0 | 0 | 192108 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 809952 | 12640 | SH |  | SOLE |  | 0 | 0 | 12640 |
| VANGUARD WHITEHALL FDS | INTL DVD ETF | 921946810 |  | 1465726 | 16569 | SH |  | SOLE |  | 0 | 0 | 16569 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 227204 | 1534 | SH |  | SOLE |  | 0 | 0 | 1534 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 2043220 | 2928 | SH |  | SOLE |  | 0 | 0 | 2928 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 754452 | 15029 | SH |  | SOLE |  | 0 | 0 | 15029 |
| WALMART INC | COM | 931142103 |  | 2928927 | 23567 | SH |  | SOLE |  | 0 | 0 | 23567 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 701044 | 6055 | SH |  | SOLE |  | 0 | 0 | 6055 |
| ZOETIS INC | CL A | 98978V103 |  | 343087 | 2902 | SH |  | SOLE |  | 0 | 0 | 2902 |

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