# EDGAR Filing Document

**Accession Number:** 0001906805
**File Stem:** 0001906805-25-000006
**Filing Date:** 2025-10
**Character Count:** 9996
**Document Hash:** 4229fc64a9ec5fe44118bb7aa5fca892
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001906805-25-000006.hdr.sgml**: 20251027

**ACCESSION NUMBER**: 0001906805-25-000006

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251027

**DATE AS OF CHANGE**: 20251027

**EFFECTIVENESS DATE**: 20251027

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Midwest Heritage Bank, FSB
- **CENTRAL INDEX KEY:** 0001906805

**ORGANIZATION NAME:**
- **EIN:** 420431125
- **STATE OF INCORPORATION:** IA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21520
- **FILM NUMBER:** 251419590

**BUSINESS ADDRESS:**
- **STREET 1:** 3580 EP TRUE PARKWAY
- **CITY:** WEST DES MOINES
- **STATE:** IA
- **ZIP:** 50265
- **BUSINESS PHONE:** 5152468378

**MAIL ADDRESS:**
- **STREET 1:** 3580 EP TRUE PARKWAY
- **CITY:** WEST DES MOINES
- **STATE:** IA
- **ZIP:** 50265

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** Midwest Heritage Bank FSB<br>**Address:** 3580 EP TRUE PARKWAY<br>WEST DES MOINES, IA 50265

**Form 13F File Number:** 028-21520

**CRD Number (if applicable):** 000306308

**SEC File Number (if applicable):** 801-119038

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:** Matthew Watters<br>**Title:** President  CCO<br>**Phone:** 515-246-8378

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

Matthew Watters  West Des Moines, IA  10-27-2025<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:** 59

**Form 13F Information Table Value Total:** $282437007

      (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 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 325377 | 4925 | SH |  | SOLE | 0 | 0 | 0 | 4925 |
| AMAZON COM INC | COM | 023135106 |  | 389737 | 1775 | SH |  | SOLE | 0 | 0 | 0 | 1775 |
| AMERICAN CENTY ETF TR | US SML CP VALU | 025072877 |  | 6627499 | 66588 | SH |  | SOLE | 0 | 0 | 0 | 66588 |
| AMERICAN CENTY ETF TR | US EQT ETF | 025072885 |  | 349366 | 3214 | SH |  | SOLE | 0 | 0 | 0 | 3214 |
| AMERICAN CENTY ETF TR | US LARGE CAP VLU | 025072349 |  | 2755716 | 38136 | SH |  | SOLE | 0 | 0 | 0 | 38136 |
| APPLE INC | COM | 037833100 |  | 291321 | 1144 | SH |  | SOLE | 0 | 0 | 0 | 1144 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 754200 | 1 | SH |  | SOLE | 0 | 0 | 0 | 1 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 218189 | 434 | SH |  | SOLE | 0 | 0 | 0 | 434 |
| BLACKROCK ETF TRUST | ISHARES US EQUIT | 09290C103 |  | 373698 | 6312 | SH |  | SOLE | 0 | 0 | 0 | 6312 |
| CAPITAL GROUP CONSERVATIVE E | SHS | 14020U100 |  | 4027548 | 133761 | SH |  | SOLE | 0 | 0 | 0 | 133761 |
| CAPITAL GROUP CORE EQUITY ET | SHS CREATION UNI | 14020V108 |  | 38611054 | 976506 | SH |  | SOLE | 0 | 0 | 0 | 976506 |
| CAPITAL GROUP DIVIDEND VALUE | SHS CREATION UNI | 14020W106 |  | 27145202 | 645853 | SH |  | SOLE | 0 | 0 | 0 | 645853 |
| CAPITAL GROUP EQUITY ETF TR | US SMALL AND MID | 14022A102 |  | 386383 | 13610 | SH |  | SOLE | 0 | 0 | 0 | 13610 |
| CAPITAL GROUP GROWTH ETF | SHS CREATION UNI | 14020G101 |  | 12445767 | 283374 | SH |  | SOLE | 0 | 0 | 0 | 283374 |
| CAPITAL GRP FIXED INCM ETF T | MUNICIPAL HIGH I | 14020Y805 |  | 374061 | 14791 | SH |  | SOLE | 0 | 0 | 0 | 14791 |
| CAPITAL GRP FIXED INCM ETF T | CORE PLUS INCM | 14020Y102 |  | 23380920 | 1029090 | SH |  | SOLE | 0 | 0 | 0 | 1029090 |
| CAPITAL GRP FIXED INCM ETF T | US MULTI-SECTOR | 14020Y300 |  | 405174 | 14601 | SH |  | SOLE | 0 | 0 | 0 | 14601 |
| CAPITAL GRP FIXED INCM ETF T | MUNICIPAL INCOME | 14020Y201 |  | 440290 | 16134 | SH |  | SOLE | 0 | 0 | 0 | 16134 |
| CASEYS GEN STORES INC | COM | 147528103 |  | 288384 | 510 | SH |  | SOLE | 0 | 0 | 0 | 510 |
| CHEVRON CORP NEW | COM | 166764100 |  | 414729 | 2671 | SH |  | SOLE | 0 | 0 | 0 | 2671 |
| DIMENSIONAL ETF TRUST | GLOBAL CORE PLUS | 25434V583 |  | 14075243 | 253289 | SH |  | SOLE | 0 | 0 | 0 | 253289 |
| DIMENSIONAL ETF TRUST | INTL HIGH PROFIT | 25434V765 |  | 2062170 | 67846 | SH |  | SOLE | 0 | 0 | 0 | 67846 |
| DIMENSIONAL ETF TRUST | US HIGH PROFITAB | 25434V831 |  | 18318795 | 485009 | SH |  | SOLE | 0 | 0 | 0 | 485009 |
| DIMENSIONAL ETF TRUST | CORE FIXED INCOM | 25434V872 |  | 518330 | 12122 | SH |  | SOLE | 0 | 0 | 0 | 12122 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 |  | 13846466 | 380921 | SH |  | SOLE | 0 | 0 | 0 | 380921 |
| DIMENSIONAL ETF TRUST | EMGR CRE EQT MNG | 25434V302 |  | 6843138 | 217036 | SH |  | SOLE | 0 | 0 | 0 | 217036 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 47768528 | 1238489 | SH |  | SOLE | 0 | 0 | 0 | 1238489 |
| DIMENSIONAL ETF TRUST | US SMALL CAP ETF | 25434V500 |  | 12806799 | 187070 | SH |  | SOLE | 0 | 0 | 0 | 187070 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 |  | 760716 | 24242 | SH |  | SOLE | 0 | 0 | 0 | 24242 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 458181 | 4064 | SH |  | SOLE | 0 | 0 | 0 | 4064 |
| FIDELITY COVINGTON TRUST | MSCI INFO TECH I | 316092808 |  | 546853 | 2461 | SH |  | SOLE | 0 | 0 | 0 | 2461 |
| FIRST TR EXCH TRADED FD III | PFD SECS INC ETF | 33739E108 |  | 6843147 | 375173 | SH |  | SOLE | 0 | 0 | 0 | 375173 |
| FIRST TR EXCHANGE-TRADED ALP | COM SHS | 33735J101 |  | 4872693 | 58477 | SH |  | SOLE | 0 | 0 | 0 | 58477 |
| FIRST TR EXCHANGE-TRADED FD | SENIOR LN FD | 33738D309 |  | 519073 | 11324 | SH |  | SOLE | 0 | 0 | 0 | 11324 |
| FORD MTR CO | COM | 345370860 |  | 119610 | 10001 | SH |  | SOLE | 0 | 0 | 0 | 10001 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 228832 | 811 | SH |  | SOLE | 0 | 0 | 0 | 811 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 244628 | 3711 | SH |  | SOLE | 0 | 0 | 0 | 3711 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 2503556 | 12872 | SH |  | SOLE | 0 | 0 | 0 | 12872 |
| ISHARES TR | CORE TOTAL USD | 46434V613 |  | 446905 | 9568 | SH |  | SOLE | 0 | 0 | 0 | 9568 |
| ISHARES TR | MSCI INTL QUALTY | 46434V456 |  | 349056 | 7899 | SH |  | SOLE | 0 | 0 | 0 | 7899 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 1172757 | 8055 | SH |  | SOLE | 0 | 0 | 0 | 8055 |
| ISHARES TR | MBS ETF | 464288588 |  | 280402 | 2947 | SH |  | SOLE | 0 | 0 | 0 | 2947 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 2140824 | 15486 | SH |  | SOLE | 0 | 0 | 0 | 15486 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 381255 | 1947 | SH |  | SOLE | 0 | 0 | 0 | 1947 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 214818 | 1040 | SH |  | SOLE | 0 | 0 | 0 | 1040 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1389302 | 2076 | SH |  | SOLE | 0 | 0 | 0 | 2076 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 438401 | 3632 | SH |  | SOLE | 0 | 0 | 0 | 3632 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 6483810 | 78156 | SH |  | SOLE | 0 | 0 | 0 | 78156 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 3581508 | 40075 | SH |  | SOLE | 0 | 0 | 0 | 40075 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 647407 | 9545 | SH |  | SOLE | 0 | 0 | 0 | 9545 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 440157 | 3865 | SH |  | SOLE | 0 | 0 | 0 | 3865 |
| JOHN HANCOCK EXCHANGE TRADED | MULTIFACTR SML | 47804J842 |  | 1122673 | 26826 | SH |  | SOLE | 0 | 0 | 0 | 26826 |
| NUVEEN SELECT TAX-FREE INCOM | SH BEN INT | 67062F100 |  | 167956 | 11615 | SH |  | SOLE | 0 | 0 | 0 | 11615 |
| OWENS CORNING NEW | COM | 690742101 |  | 257017 | 1817 | SH |  | SOLE | 0 | 0 | 0 | 1817 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 341245 | 14540 | SH |  | SOLE | 0 | 0 | 0 | 14540 |
| SPDR SERIES TRUST | PORTFOLIO SH TSR | 78468R101 |  | 206530 | 7044 | SH |  | SOLE | 0 | 0 | 0 | 7044 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A854 |  | 7361757 | 93972 | SH |  | SOLE | 0 | 0 | 0 | 93972 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1553294 | 2536 | SH |  | SOLE | 0 | 0 | 0 | 2536 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 118560 | 10221 | SH |  | SOLE | 0 | 0 | 0 | 10221 |

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