# EDGAR Filing Document

**Accession Number:** 0001969674
**File Stem:** 0001398344-25-017287
**Filing Date:** 2025-9
**Character Count:** 13025
**Document Hash:** f33bb71056ab2c5a1a66bc308f15e277
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-017287.hdr.sgml**: 20250902

**ACCESSION NUMBER**: 0001398344-25-017287

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250902

**DATE AS OF CHANGE**: 20250902

**EFFECTIVENESS DATE**: 20250902

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** 2023 ETF Series Trust
- **CENTRAL INDEX KEY:** 0001969674

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23883
- **FILM NUMBER:** 251283595

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET
- **STREET 2:** SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** (833) 782-2211

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET
- **STREET 2:** SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001969674

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Registered Management Investment Company

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** 2023 ETF Series Trust

**Address:** 234 WEST FLORIDA STREET, Milwaukee, WI 53204

**Telephone number:** 262-267-4589

**Name of agent for service:** The Corporation Trust Company

**Agent Address:** 234 West Florida Street, Milwaukee, WI 53204

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 811-23883

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 5493000L2E3DBUPMOK03

**Report Type (check only one):**

Institutional Manager.

- [ ] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [x] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 1

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                    | CUSIP   | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                            | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| ALCOA CORPORATION                 |  | 05/08/2025     | Approval, on an advisory basis, of the Company's 2024 named executive officer compensation                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |        1205870 |                0 | FOR         |                                  1205870 | FOR                         |  |
| AMAZON.COM, INC.                  |  | 05/21/2025     | ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |         919873 |                0 | FOR         |                                   919873 | FOR                         |  |
| AON PLC                           |  | 06/27/2025     | Advisory vote to approve the compensation of the Company's named executive officers.                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         209302 |                0 | FOR         |                                   209302 | FOR                         |  |
| BAYER AG                          |  | 04/25/2025     | Resolution on the approval of the Compensation Report                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |        8495935 |                0 | FOR         |                                  8495935 | FOR                         |  |
| CAPITAL ONE FINANCIAL CORPORATION |  | 05/08/2025     | Advisory vote on our Named Executive Officer compensation ("Say on Pay").                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |         500159 |                0 | FOR         |                                   500159 | FOR                         |  |
| COMCAST CORPORATION               |  | 06/18/2025     | Advisory vote on executive compensation                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES |        3239633 |                0 | FOR         |                                  3239633 | FOR                         |  |
| CONOCOPHILLIPS                    |  | 05/13/2025     | Advisory Approval of Executive Compensation.                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |        1358007 |                0 | FOR         |                                  1358007 | FOR                         |  |
| ELEVANCE HEALTH, INC.             |  | 05/14/2025     | Advisory vote to approve the compensation of our named executive officers.                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         115488 |                0 | FOR         |                                   115488 | FOR                         |  |
| GE VERNOVA INC.                   |  | 05/14/2025     | Approve the compensation of our named executives officers in an advisory vote                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         124250 |                0 | FOR         |                                   124250 | FOR                         |  |
| GE VERNOVA INC.                   |  | 05/14/2025     | Approve the frequency of future advisory votes on named executive officers compensation in an advisory vote                                                                                                 | SECTION 14A SAY-ON-PAY VOTES |         124250 |                0 | FOR         |                                   124250 | FOR                         |  |
| HILTON WORLDWIDE HOLDINGS INC.    |  | 05/14/2025     | Approval, in a non-binding advisory vote, of the compensation paid to the Company's named executive officers.                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         133427 |                0 | FOR         |                                   133427 | FOR                         |  |
| HUMANA INC.                       |  | 04/17/2025     | Non-binding advisory vote for the approval of the compensation of the named executive officers as disclosed in the 2025 proxy statement.                                                                    | SECTION 14A SAY-ON-PAY VOTES |         259636 |                0 | FOR         |                                   259636 | FOR                         |  |
| META PLATFORMS, INC.              |  | 05/28/2025     | To approve, on a non-binding advisory basis, the compensation program for Meta Platforms, Inc.'s named executive officers as disclosed in Meta Platforms, Inc.'s proxy statement.                           | SECTION 14A SAY-ON-PAY VOTES |         160417 |                0 | FOR         |                                   160417 | FOR                         |  |
| META PLATFORMS, INC.              |  | 05/28/2025     | To vote, on a non-binding advisory basis, whether a non-binding advisory vote on the compensation program for Meta Platforms, Inc.'s named executive officers should be held every one, two or three years. | SECTION 14A SAY-ON-PAY VOTES |         160417 |                0 | FOR         |                                   160417 | AGAINST                     |  |
| MICROSOFT CORPORATION             |  | 12/10/2024     | Advisory Vote to Approve Named Executive Officer Compensation ("say-on-pay vote").                                                                                                                          | SECTION 14A SAY-ON-PAY VOTES |         217282 |                0 | FOR         |                                   217282 | FOR                         |  |
| PULTEGROUP, INC.                  |  | 04/30/2025     | Say-on-pay: Advisory vote to approve executive compensation.                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |         101012 |                0 | FOR         |                                   101012 | FOR                         |  |
| SAP SE                            |  | 05/13/2025     | Resolution on the approval of the compensation report for fiscal year 2024                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         257598 |                0 | FOR         |                                   257598 | NONE                        |  |
| SHELL PLC                         |  | 05/20/2025     | Approval of Directors' Remuneration Report                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |        1496090 |                0 | FOR         |                                  1496090 | FOR                         |  |
| UNITEDHEALTH GROUP INCORPORATED   |  | 06/02/2025     | Advisory approval of the Company's executive compensation.                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES |         204370 |                0 | FOR         |                                   204370 | FOR                         |  |
| VISA INC.                         |  | 01/28/2025     | To approve, on an advisory basis, the compensation paid to our named executive officers.                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |         164545 |                0 | FOR         |                                   164545 | FOR                         |  |
| WELLS FARGO  COMPANY              |  | 04/29/2025     | Advisory vote to approve executive compensation (Say on Pay).                                                                                                                                               | SECTION 14A SAY-ON-PAY VOTES |         612275 |                0 | FOR         |                                   612275 | FOR                         |  |
| WOODWARD, INC.                    |  | 01/29/2025     | Vote on an advisory resolution regarding the compensation of the Company's named executive officers.                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |         298820 |                0 | FOR         |                                   298820 | FOR                         |  |
| WORKDAY, INC.                     |  | 06/04/2025     | To approve, on an advisory basis, the compensation of our named executive officers as disclosed in the Proxy Statement.                                                                                     | SECTION 14A SAY-ON-PAY VOTES |         410419 |                0 | FOR         |                                   410419 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** 2023 ETF Series Trust

**By (Signature):** Eric W. Falkeis

**By (Printed Signature):** Eric W. Falkeis

**By (Title):** Principal Executive Officer

**Date:** 08/28/2025