# EDGAR Filing Document

**Accession Number:** 0001759803
**File Stem:** 0001085146-25-003685
**Filing Date:** 2025-7
**Character Count:** 25207
**Document Hash:** 22a6a0b26f5a7ec4552eefe074b1e19f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-25-003685.hdr.sgml**: 20250709

**ACCESSION NUMBER**: 0001085146-25-003685

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250709

**DATE AS OF CHANGE**: 20250709

**EFFECTIVENESS DATE**: 20250709

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Graves Light Lenhart Wealth, Inc.
- **CENTRAL INDEX KEY:** 0001759803

**ORGANIZATION NAME:**
- **EIN:** 831439373
- **STATE OF INCORPORATION:** VA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18981
- **FILM NUMBER:** 251114275

**BUSINESS ADDRESS:**
- **STREET 1:** 100 SOUTH MASON STREET. SUITE C
- **CITY:** HARRISONBURG
- **STATE:** VA
- **ZIP:** 22801
- **BUSINESS PHONE:** 540-433-3076

**MAIL ADDRESS:**
- **STREET 1:** 100 SOUTH MASON STREET. SUITE C
- **CITY:** HARRISONBURG
- **STATE:** VA
- **ZIP:** 22801

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Graves-Light Private Wealth Management, Inc.
- **DATE OF NAME CHANGE:** 20181121

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** Graves Light Lenhart Wealth Inc.<br>**Address:** 100 SOUTH MASON STREET. SUITE C<br>HARRISONBURG, VA 22801

**Form 13F File Number:** 028-18981

**CRD Number (if applicable):** 000298283

**SEC File Number (if applicable):** 801-113908

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:** Jeffrey G. Lenhart<br>**Title:** Chief Compliance Officer<br>**Phone:** 540-433-3076

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

/s/Jeffrey G. Lenhart  Harrisonburg, VA  07-09-2025<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:** 192

**Form 13F Information Table Value Total:** $840409390

      (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 | BBG001S5T7X2 | 549602 | 3610 | SH |  | SOLE |  | 0 | 0 | 3610 |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 608509 | 4474 | SH |  | SOLE |  | 0 | 0 | 4474 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 640946 | 3453 | SH |  | SOLE |  | 0 | 0 | 3453 |
| AIR PRODS  CHEMS INC | COM | 009158106 | BBG001S5NSB6 | 421453 | 1494 | SH |  | SOLE |  | 0 | 0 | 1494 |
| ALLSTATE CORP | COM | 020002101 | BBG001S9BM06 | 492311 | 2446 | SH |  | SOLE |  | 0 | 0 | 2445 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 13592843 | 77131 | SH |  | SOLE |  | 0 | 0 | 77131 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 4548989 | 25644 | SH |  | SOLE |  | 0 | 0 | 25644 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 11125267 | 50710 | SH |  | SOLE |  | 0 | 0 | 50710 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 | BBG001S5NFD2 | 702541 | 6771 | SH |  | SOLE |  | 0 | 0 | 6770 |
| AMERICAN EXPRESS CO | COM | 025816109 | BBG001S5P034 | 877514 | 2751 | SH |  | SOLE |  | 0 | 0 | 2751 |
| AMERIPRISE FINL INC | COM | 03076C106 | BBG001SK6096 | 323440 | 606 | SH |  | SOLE |  | 0 | 0 | 606 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 337006 | 1207 | SH |  | SOLE |  | 0 | 0 | 1207 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 22557961 | 109948 | SH |  | SOLE |  | 0 | 0 | 109947 |
| APPLIED MATLS INC | COM | 038222105 | BBG001S5NMM7 | 215473 | 1177 | SH |  | SOLE |  | 0 | 0 | 1177 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 597457 | 20645 | SH |  | SOLE |  | 0 | 0 | 20644 |
| ATLANTIC UN BANKSHARES CORP | COM | 04911A107 | BBG001S7GJV8 | 439421 | 14048 | SH |  | SOLE |  | 0 | 0 | 14048 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 448414 | 1454 | SH |  | SOLE |  | 0 | 0 | 1454 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 1182554 | 24991 | SH |  | SOLE |  | 0 | 0 | 24990 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | BBG001S902J2 | 5101600 | 7 | SH |  | SOLE |  | 0 | 0 | 7 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 36142260 | 74402 | SH |  | SOLE |  | 0 | 0 | 74402 |
| BLACKROCK MUNIYILD QULT FD I | COM | 09254F100 | BBG001S6Y4Q9 | 115511 | 10397 | SH |  | SOLE |  | 0 | 0 | 10397 |
| BLACKSTONE STRATEGIC CRED 20 | COM SHS BEN IN | 09257R101 | BBG002W5R801 | 121200 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 323201 | 1543 | SH |  | SOLE |  | 0 | 0 | 1542 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 225108 | 4863 | SH |  | SOLE |  | 0 | 0 | 4863 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 900273 | 3266 | SH |  | SOLE |  | 0 | 0 | 3266 |
| CALAMOS CONV  HIGH INCOME F | COM SHS | 12811P108 | BBG001S8SMN5 | 261870 | 23828 | SH |  | SOLE |  | 0 | 0 | 23828 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 478485 | 1233 | SH |  | SOLE |  | 0 | 0 | 1232 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 | BBG001S7W158 | 381837 | 1568 | SH |  | SOLE |  | 0 | 0 | 1567 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 5630485 | 39322 | SH |  | SOLE |  | 0 | 0 | 39321 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 327008 | 4713 | SH |  | SOLE |  | 0 | 0 | 4713 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 682644 | 9649 | SH |  | SOLE |  | 0 | 0 | 9648 |
| CORNING INC | COM | 219350105 | BBG001S5RLH1 | 245738 | 4673 | SH |  | SOLE |  | 0 | 0 | 4672 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 2921820 | 2952 | SH |  | SOLE |  | 0 | 0 | 2951 |
| CSX CORP | COM | 126408103 | BBG001S5Q7Q3 | 671034 | 20565 | SH |  | SOLE |  | 0 | 0 | 20564 |
| CUMMINS INC | COM | 231021106 | BBG001S5Q9M3 | 217133 | 663 | SH |  | SOLE |  | 0 | 0 | 663 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 250876 | 1270 | SH |  | SOLE |  | 0 | 0 | 1270 |
| DEERE  CO | COM | 244199105 | BBG001S5QFF7 | 231950 | 456 | SH |  | SOLE |  | 0 | 0 | 456 |
| DIMENSIONAL ETF TRUST | CORE FIXED INCOM | 25434V872 | BBG01254CL28 | 28843728 | 682530 | SH |  | SOLE |  | 0 | 0 | 682530 |
| DIMENSIONAL ETF TRUST | EMERGING MKTS VA | 25434V740 | BBG017158GJ6 | 9695876 | 323304 | SH |  | SOLE |  | 0 | 0 | 323303 |
| DIMENSIONAL ETF TRUST | INTERNATIONAL | 25434V690 | BBG01B92VTS2 | 236302 | 5996 | SH |  | SOLE |  | 0 | 0 | 5996 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 | BBG00Y2PGDN6 | 982935 | 28433 | SH |  | SOLE |  | 0 | 0 | 28433 |
| DIMENSIONAL ETF TRUST | NATL MUN BD ETF | 25434V849 | BBG012558MV6 | 11670767 | 246063 | SH |  | SOLE |  | 0 | 0 | 246062 |
| DIMENSIONAL ETF TRUST | SHORT DURATION F | 25434V864 | BBG01254JDW6 | 4114903 | 85709 | SH |  | SOLE |  | 0 | 0 | 85709 |
| DIMENSIONAL ETF TRUST | US CORE EQT MKT | 25434V104 | BBG00Y2JG0C0 | 278348 | 6571 | SH |  | SOLE |  | 0 | 0 | 6571 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 | BBG011DXY6D4 | 244860 | 6832 | SH |  | SOLE |  | 0 | 0 | 6832 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 | BBG0177CTQC7 | 11510126 | 272236 | SH |  | SOLE |  | 0 | 0 | 272235 |
| DIMENSIONAL ETF TRUST | US SMALL CAP ETF | 25434V500 | BBG011DXXVM0 | 1544020 | 24235 | SH |  | SOLE |  | 0 | 0 | 24235 |
| DIMENSIONAL ETF TRUST | US SMALL CAP VAL | 25434V815 | BBG015DG3GG1 | 574581 | 19524 | SH |  | SOLE |  | 0 | 0 | 19523 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 | BBG012G2PD33 | 2179427 | 74206 | SH |  | SOLE |  | 0 | 0 | 74205 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 4199708 | 33866 | SH |  | SOLE |  | 0 | 0 | 33865 |
| DOMINION ENERGY INC | COM | 25746U109 | BBG001S5QCP3 | 1968317 | 34825 | SH |  | SOLE |  | 0 | 0 | 34825 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | BBG001S5QNR7 | 2169263 | 18384 | SH |  | SOLE |  | 0 | 0 | 18383 |
| DUPONT DE NEMOURS INC | COM | 26614N102 | BBG00BN961H3 | 4009686 | 58459 | SH |  | SOLE |  | 0 | 0 | 58458 |
| EASTMAN CHEM CO | COM | 277432100 | BBG001S7JNP3 | 257054 | 3443 | SH |  | SOLE |  | 0 | 0 | 3443 |
| ELEVANCE HEALTH INC | COM | 036752103 | BBG001S6KBQ8 | 1096039 | 2818 | SH |  | SOLE |  | 0 | 0 | 2817 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 1953897 | 2507 | SH |  | SOLE |  | 0 | 0 | 2506 |
| EMERSON ELEC CO | COM | 291011104 | BBG001S5QVT7 | 1191303 | 8935 | SH |  | SOLE |  | 0 | 0 | 8934 |
| ENBRIDGE INC | COM | 29250N105 | BBG001S6Q6D7 | 480301 | 10598 | SH |  | SOLE |  | 0 | 0 | 10598 |
| EOG RES INC | COM | 26875P101 | BBG001S5ZB93 | 863526 | 7220 | SH |  | SOLE |  | 0 | 0 | 7219 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 3632478 | 33696 | SH |  | SOLE |  | 0 | 0 | 33696 |
| FIRST NATL CORP | COM | 32106V107 | BBG001S8X9X7 | 1180602 | 60637 | SH |  | SOLE |  | 0 | 0 | 60637 |
| GABELLI EQUITY TR INC | COM | 362397101 | BBG001S5RFR3 | 239924 | 41224 | SH |  | SOLE |  | 0 | 0 | 41224 |
| GE AEROSPACE | COM NEW | 369604301 | BBG001S5PVD5 | 748494 | 2908 | SH |  | SOLE |  | 0 | 0 | 2908 |
| GE VERNOVA INC | COM | 36828A101 | BBG013G17W77 | 379401 | 717 | SH |  | SOLE |  | 0 | 0 | 717 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 755065 | 2059 | SH |  | SOLE |  | 0 | 0 | 2059 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 235442 | 1011 | SH |  | SOLE |  | 0 | 0 | 1011 |
| ILLINOIS TOOL WKS INC | COM | 452308109 | BBG001S5SDX0 | 329665 | 1333 | SH |  | SOLE |  | 0 | 0 | 1333 |
| INTEL CORP | COM | 458140100 | BBG001S5SF65 | 247465 | 11048 | SH |  | SOLE |  | 0 | 0 | 11047 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 974321 | 3305 | SH |  | SOLE |  | 0 | 0 | 3305 |
| INTUIT | COM | 461202103 | BBG001S6TWR2 | 308751 | 392 | SH |  | SOLE |  | 0 | 0 | 392 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 | BBG001V18CG8 | 509157 | 6992 | SH |  | SOLE |  | 0 | 0 | 6992 |
| INVESCO EXCHANGE TRADED FD T | S QUALITY | 46137V241 | BBG001SDTVQ0 | 16362595 | 229618 | SH |  | SOLE |  | 0 | 0 | 229618 |
| INVESCO EXCHANGE TRADED FD T | WATER RES ETF | 46137V142 | BBG001SPPQG9 | 420579 | 6016 | SH |  | SOLE |  | 0 | 0 | 6016 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 256513 | 465 | SH |  | SOLE |  | 0 | 0 | 465 |
| ISHARES INC | MSCI GBL MIN VOL | 464286525 | BBG0025X39Q6 | 254333 | 2145 | SH |  | SOLE |  | 0 | 0 | 2145 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 | BBG003H6TRS0 | 72377961 | 867010 | SH |  | SOLE |  | 0 | 0 | 867009 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 30475840 | 491387 | SH |  | SOLE |  | 0 | 0 | 491387 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 31497232 | 288199 | SH |  | SOLE |  | 0 | 0 | 288198 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 6857220 | 11044 | SH |  | SOLE |  | 0 | 0 | 11044 |
| ISHARES TR | CORE US AGGBD ET | 464287226 | BBG001SM1QT8 | 100289806 | 1010986 | SH |  | SOLE |  | 0 | 0 | 1010985 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 | BBG00FFPFTS4 | 359222 | 2655 | SH |  | SOLE |  | 0 | 0 | 2655 |
| ISHARES TR | EXPND TEC SC ETF | 464287549 | BBG001SHHYT5 | 6288007 | 55973 | SH |  | SOLE |  | 0 | 0 | 55973 |
| ISHARES TR | GLOBAL TECH ETF | 464287291 | BBG001S60KQ0 | 277020 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| ISHARES TR | ISHARES BIOTECH | 464287556 | BBG001SGYSW7 | 487317 | 3852 | SH |  | SOLE |  | 0 | 0 | 3852 |
| ISHARES TR | MSCI ACWI EX US | 464288240 | BBG001S56R18 | 2918159 | 47886 | SH |  | SOLE |  | 0 | 0 | 47885 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 3189078 | 35676 | SH |  | SOLE |  | 0 | 0 | 35676 |
| ISHARES TR | MSCI EAFE MIN VL | 46429B689 | BBG0025X2WP7 | 213893 | 2545 | SH |  | SOLE |  | 0 | 0 | 2544 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 | BBG0025X2G81 | 1014922 | 10812 | SH |  | SOLE |  | 0 | 0 | 10812 |
| ISHARES TR | MSCI USA VALUE | 46432F388 | BBG004FPWGT7 | 265364 | 2344 | SH |  | SOLE |  | 0 | 0 | 2344 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 | BBG001SZV978 | 1740062 | 16654 | SH |  | SOLE |  | 0 | 0 | 16654 |
| ISHARES TR | RUS 1000 ETF | 464287622 | BBG001S562W9 | 11496821 | 33857 | SH |  | SOLE |  | 0 | 0 | 33857 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 | BBG001S56320 | 355798 | 838 | SH |  | SOLE |  | 0 | 0 | 838 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 | BBG001S56277 | 1425835 | 9038 | SH |  | SOLE |  | 0 | 0 | 9038 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 | BBG001SFC7Z6 | 1228500 | 3500 | SH |  | SOLE |  | 0 | 0 | 3500 |
| ISHARES TR | S 100 ETF | 464287101 | BBG001SGB026 | 439177 | 1443 | SH |  | SOLE |  | 0 | 0 | 1443 |
| ISHARES TR | S 500 GRWT ETF | 464287309 | BBG001S561Q8 | 4920209 | 44689 | SH |  | SOLE |  | 0 | 0 | 44688 |
| ISHARES TR | S 500 VAL ETF | 464287408 | BBG001S561K4 | 2353613 | 12044 | SH |  | SOLE |  | 0 | 0 | 12043 |
| ISHARES TR | SELECT DIVID ETF | 464287168 | BBG001SDJVG2 | 3816959 | 28740 | SH |  | SOLE |  | 0 | 0 | 28740 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 | BBG001SFQL26 | 4042871 | 40636 | SH |  | SOLE |  | 0 | 0 | 40635 |
| ISHARES TR | U S EQUITY FACTR | 46434V282 | BBG008LNYFB5 | 207717 | 3239 | SH |  | SOLE |  | 0 | 0 | 3239 |
| ISHARES TR | U.S. TECH ETF | 464287721 | BBG001SFB7Z7 | 1169226 | 6748 | SH |  | SOLE |  | 0 | 0 | 6748 |
| ISHARES TR | US CONSM STAPLES | 464287812 | BBG001SF7V89 | 341898 | 4851 | SH |  | SOLE |  | 0 | 0 | 4851 |
| ISHARES TR | US HLTHCARE ETF | 464287762 | BBG001SFGXR4 | 321371 | 5690 | SH |  | SOLE |  | 0 | 0 | 5690 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHT MUNCPL | 46641Q654 | BBG00M8D2458 | 3210531 | 63050 | SH |  | SOLE |  | 0 | 0 | 63050 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 1256081 | 8223 | SH |  | SOLE |  | 0 | 0 | 8223 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 11185496 | 38583 | SH |  | SOLE |  | 0 | 0 | 38582 |
| KKR INCOME OPPORTUNITIES FD | COM | 48249T106 | BBG004NRD5Z2 | 172424 | 13728 | SH |  | SOLE |  | 0 | 0 | 13728 |
| LIBERTY ALL STAR EQUITY FD | SH BEN INT | 530158104 | BBG001S5X3D8 | 102150 | 15000 | SH |  | SOLE |  | 0 | 0 | 15000 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 267755 | 1207 | SH |  | SOLE |  | 0 | 0 | 1206 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 807250 | 2763 | SH |  | SOLE |  | 0 | 0 | 2762 |
| MCKESSON CORP | COM | 58155Q103 | BBG001S8F8P8 | 682218 | 931 | SH |  | SOLE |  | 0 | 0 | 931 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 1315484 | 16618 | SH |  | SOLE |  | 0 | 0 | 16618 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 415514 | 563 | SH |  | SOLE |  | 0 | 0 | 562 |
| METLIFE INC | COM | 59156R108 | BBG001S5T3R8 | 390758 | 4859 | SH |  | SOLE |  | 0 | 0 | 4858 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 5883392 | 11828 | SH |  | SOLE |  | 0 | 0 | 11828 |
| MORGAN STANLEY | COM NEW | 617446448 | BBG001S9V5Z3 | 263972 | 1874 | SH |  | SOLE |  | 0 | 0 | 1874 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 | BBG001S5T9L1 | 284651 | 677 | SH |  | SOLE |  | 0 | 0 | 677 |
| NORFOLK SOUTHN CORP | COM | 655844108 | BBG001S5TQJ6 | 436685 | 1706 | SH |  | SOLE |  | 0 | 0 | 1706 |
| NORTHERN TR CORP | COM | 665859104 | BBG001S5TRG7 | 253580 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 793584 | 5023 | SH |  | SOLE |  | 0 | 0 | 5023 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 1546560 | 7074 | SH |  | SOLE |  | 0 | 0 | 7073 |
| PACKAGING CORP AMER | COM | 695156109 | BBG001S5V741 | 2445704 | 12978 | SH |  | SOLE |  | 0 | 0 | 12978 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 952042 | 7210 | SH |  | SOLE |  | 0 | 0 | 7210 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 272975 | 11261 | SH |  | SOLE |  | 0 | 0 | 11261 |
| PIMCO ETF TR | 0-5 HIGH YIELD | 72201R783 | BBG001V1XW67 | 5941488 | 62535 | SH |  | SOLE |  | 0 | 0 | 62535 |
| PNC FINL SVCS GROUP INC | COM | 693475105 | BBG001S5V947 | 670828 | 3598 | SH |  | SOLE |  | 0 | 0 | 3598 |
| PRICE T ROWE GROUP INC | COM | 74144T108 | BBG001S5WW18 | 286316 | 2967 | SH |  | SOLE |  | 0 | 0 | 2967 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 2618323 | 16434 | SH |  | SOLE |  | 0 | 0 | 16434 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 | BBG005D266P2 | 307236 | 3051 | SH |  | SOLE |  | 0 | 0 | 3051 |
| PROSHARES TR | SHORT S 500 NE | 74349Y753 | BBG001SR6H49 | 685731 | 17282 | SH |  | SOLE |  | 0 | 0 | 17281 |
| PUTNAM MASTER INTER INCOME T | SH BEN INT | 746909100 | BBG001S5V6N2 | 47905 | 14300 | SH |  | SOLE |  | 0 | 0 | 14300 |
| QUANTA SVCS INC | COM | 74762E102 | BBG001S5VH85 | 302702 | 801 | SH |  | SOLE |  | 0 | 0 | 800 |
| ROYCE SMALL CAP TRUST INC | COM | 780910105 | BBG001S5VTQ9 | 154308 | 10253 | SH |  | SOLE |  | 0 | 0 | 10253 |
| SCHLUMBERGER LTD | COM STK | 806857108 | BBG001S5W4C8 | 442746 | 13099 | SH |  | SOLE |  | 0 | 0 | 13099 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG001S5VXD4 | 229770 | 2518 | SH |  | SOLE |  | 0 | 0 | 2518 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 | BBG001T9F795 | 310560 | 12738 | SH |  | SOLE |  | 0 | 0 | 12738 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 | BBG001WBMLH8 | 1320856 | 56835 | SH |  | SOLE |  | 0 | 0 | 56835 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 | BBG001T5XQT9 | 332938 | 13971 | SH |  | SOLE |  | 0 | 0 | 13971 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 | BBG0025RWLM4 | 16562907 | 625015 | SH |  | SOLE |  | 0 | 0 | 625015 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 | BBG00L5F9FV7 | 216843 | 1998 | SH |  | SOLE |  | 0 | 0 | 1998 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 | BBG001S7T223 | 215555 | 4116 | SH |  | SOLE |  | 0 | 0 | 4116 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 | BBG001S7T1Q9 | 320461 | 1475 | SH |  | SOLE |  | 0 | 0 | 1474 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 | BBG001S7SCQ6 | 19000673 | 140965 | SH |  | SOLE |  | 0 | 0 | 140965 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 | BBG001S7TCZ5 | 296532 | 1171 | SH |  | SOLE |  | 0 | 0 | 1171 |
| SERVICE CORP INTL | COM | 817565104 | BBG001S5WBJ5 | 207814 | 2553 | SH |  | SOLE |  | 0 | 0 | 2553 |
| SHELL PLC | SPON ADS | 780259305 | BBG0147BN6H1 | 225030 | 3196 | SH |  | SOLE |  | 0 | 0 | 3196 |
| SHENANDOAH TELECOMMUNICATION | COM | 82312B106 | BBG001SG37M8 | 509362 | 37289 | SH |  | SOLE |  | 0 | 0 | 37288 |
| SOUTHERN CO | COM | 842587107 | BBG001S5W777 | 774709 | 8436 | SH |  | SOLE |  | 0 | 0 | 8436 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 | BBG001S8LH99 | 2049559 | 4651 | SH |  | SOLE |  | 0 | 0 | 4651 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 293246 | 962 | SH |  | SOLE |  | 0 | 0 | 962 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 3888983 | 6294 | SH |  | SOLE |  | 0 | 0 | 6294 |
| SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 78468R663 | BBG001STKCW9 | 9324400 | 101650 | SH |  | SOLE |  | 0 | 0 | 101650 |
| SPDR SERIES TRUST | S BK ETF | 78464A797 | BBG001SPTB32 | 596814 | 10703 | SH |  | SOLE |  | 0 | 0 | 10703 |
| SPDR SERIES TRUST | S DIVID ETF | 78464A763 | BBG001SPTBP8 | 25768555 | 189852 | SH |  | SOLE |  | 0 | 0 | 189851 |
| SYSCO CORP | COM | 871829107 | BBG001S5WJS8 | 7306126 | 96463 | SH |  | SOLE |  | 0 | 0 | 96463 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 | BBG001S5WWW4 | 212901 | 940 | SH |  | SOLE |  | 0 | 0 | 940 |
| TRUIST FINL CORP | COM | 89832Q109 | BBG001S5YYC0 | 2214943 | 51522 | SH |  | SOLE |  | 0 | 0 | 51522 |
| UDR INC | COM | 902653104 | BBG001S6KCT3 | 235099 | 5758 | SH |  | SOLE |  | 0 | 0 | 5758 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 349261 | 1518 | SH |  | SOLE |  | 0 | 0 | 1518 |
| UNITED BANKSHARES INC WEST V | COM | 909907107 | BBG001S5WZV8 | 227943 | 6257 | SH |  | SOLE |  | 0 | 0 | 6257 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 536588 | 1720 | SH |  | SOLE |  | 0 | 0 | 1720 |
| VANGUARD ADMIRAL FDS INC | 500 GRTH IDX F | 921932505 | BBG001TC6MF8 | 13002441 | 32790 | SH |  | SOLE |  | 0 | 0 | 32789 |
| VANGUARD ADMIRAL FDS INC | 500 VAL IDX FD | 921932703 | BBG001TC6MG7 | 11763564 | 62337 | SH |  | SOLE |  | 0 | 0 | 62336 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 | BBG001ST39Q2 | 21012922 | 267000 | SH |  | SOLE |  | 0 | 0 | 267000 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 | BBG001SK7DK4 | 9106137 | 123674 | SH |  | SOLE |  | 0 | 0 | 123674 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | BBG001SHTTS4 | 2056692 | 4691 | SH |  | SOLE |  | 0 | 0 | 4691 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 | BBG001SHTTQ6 | 481586 | 1688 | SH |  | SOLE |  | 0 | 0 | 1688 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | BBG001SHVTS1 | 2396464 | 8564 | SH |  | SOLE |  | 0 | 0 | 8564 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 986373 | 1736 | SH |  | SOLE |  | 0 | 0 | 1736 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 | BBG001SHVTR2 | 834253 | 4278 | SH |  | SOLE |  | 0 | 0 | 4278 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 2529762 | 10675 | SH |  | SOLE |  | 0 | 0 | 10675 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 8372099 | 27546 | SH |  | SOLE |  | 0 | 0 | 27546 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 | BBG001SP7T00 | 4601699 | 68457 | SH |  | SOLE |  | 0 | 0 | 68457 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 | BBG001T2YZG9 | 1460387 | 11363 | SH |  | SOLE |  | 0 | 0 | 11363 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 | BBG003H12XS7 | 7524654 | 149685 | SH |  | SOLE |  | 0 | 0 | 149684 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 | BBG009THVRX1 | 5548104 | 113157 | SH |  | SOLE |  | 0 | 0 | 113157 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 | BBG001T62KZ7 | 22365917 | 281332 | SH |  | SOLE |  | 0 | 0 | 281332 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | BBG001SQX4T3 | 23954854 | 117041 | SH |  | SOLE |  | 0 | 0 | 117041 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 | BBG001TJR1D8 | 337021 | 4878 | SH |  | SOLE |  | 0 | 0 | 4878 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 6051756 | 106153 | SH |  | SOLE |  | 0 | 0 | 106152 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 | BBG001SS0V24 | 24401247 | 183041 | SH |  | SOLE |  | 0 | 0 | 183041 |
| VANGUARD WORLD FD | ENERGY ETF | 92204A306 | BBG001SHTV45 | 444794 | 3734 | SH |  | SOLE |  | 0 | 0 | 3734 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 | BBG001SHTTM0 | 242567 | 1905 | SH |  | SOLE |  | 0 | 0 | 1905 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 | BBG001SHVR32 | 589559 | 2374 | SH |  | SOLE |  | 0 | 0 | 2374 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 | BBG001SHTTR5 | 720759 | 1087 | SH |  | SOLE |  | 0 | 0 | 1086 |
| VANGUARD WORLD FD | UTILITIES ETF | 92204A876 | BBG001SHVTP4 | 338240 | 1916 | SH |  | SOLE |  | 0 | 0 | 1916 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 994320 | 22979 | SH |  | SOLE |  | 0 | 0 | 22979 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 221866 | 2269 | SH |  | SOLE |  | 0 | 0 | 2269 |
| WASTE MGMT INC DEL | COM | 94106L109 | BBG001S5XH47 | 250467 | 1095 | SH |  | SOLE |  | 0 | 0 | 1094 |
| WELLS FARGO CO NEW | COM | 949746101 | BBG001S5XF23 | 1688755 | 21078 | SH |  | SOLE |  | 0 | 0 | 21077 |
| WISDOMTREE TR | US AI ENHANCED | 97717W406 | BBG001SHL7F4 | 385202 | 3407 | SH |  | SOLE |  | 0 | 0 | 3407 |
| WISDOMTREE TR | US LARGECAP DIVD | 97717W307 | BBG001SHL7K8 | 5657528 | 68877 | SH |  | SOLE |  | 0 | 0 | 68876 |

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