# EDGAR Filing Document

**Accession Number:** 0001906805
**File Stem:** 0001906805-23-000001
**Filing Date:** 2023-1
**Character Count:** 10114
**Document Hash:** 466f651bf3695d1489d7f80ba57f8fcb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001906805-23-000001.hdr.sgml**: 20230120

**ACCESSION NUMBER**: 0001906805-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230120

**DATE AS OF CHANGE**: 20230119

**EFFECTIVENESS DATE**: 20230120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Midwest Heritage Bank, FSB
- **CENTRAL INDEX KEY:** 0001906805
- **IRS NUMBER:** 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:** 23538458

**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:** 12-31-2022

**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

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  01-19-2023<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:** 62

**Form 13F Information Table Value Total:** $103299446

      (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 |  | 415870 | 9098 | SH |  | SOLE | 0 | 0 | 0 | 9098 |
| AMERICAN CENTY ETF TR | US SML CP VALU | 025072877 |  | 3474481 | 46631 | SH |  | SOLE | 0 | 0 | 0 | 46631 |
| AMERICAN CENTY ETF TR | US EQT ETF | 025072885 |  | 841352 | 12371 | SH |  | SOLE | 0 | 0 | 0 | 12371 |
| AMERICAN CENTY ETF TR | INTL EQT ETF | 025072703 |  | 231696 | 4356 | SH |  | SOLE | 0 | 0 | 0 | 4356 |
| AT INC | COM | 00206R102 |  | 264552 | 14370 | SH |  | SOLE | 0 | 0 | 0 | 14370 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 468711 | 1 | SH |  | SOLE | 0 | 0 | 0 | 1 |
| BLACKROCK MULTI SECTOR INC T | COM | 09258A107 |  | 343598 | 24180 | SH |  | SOLE | 0 | 0 | 0 | 24180 |
| BLACKROCK UTILS INFRASTRUCTU | COM | 09248D104 |  | 343141 | 16521 | SH |  | SOLE | 0 | 0 | 0 | 16521 |
| CAPITAL GROUP CORE EQUITY ET | SHS CREATION UNI | 14020V108 |  | 4576966 | 203783 | SH |  | SOLE | 0 | 0 | 0 | 203783 |
| CAPITAL GROUP DIVIDEND VALUE | SHS CREATION UNI | 14020W106 |  | 1637193 | 69402 | SH |  | SOLE | 0 | 0 | 0 | 69402 |
| CAPITAL GROUP FIXED INCOME E | CORE PLUS INCM | 14020Y102 |  | 2954350 | 132601 | SH |  | SOLE | 0 | 0 | 0 | 132601 |
| CAPITAL GROUP GROWTH ETF | SHS CREATION UNI | 14020G101 |  | 1484912 | 74469 | SH |  | SOLE | 0 | 0 | 0 | 74469 |
| CHEVRON CORP NEW | COM | 166764100 |  | 430776 | 2400 | SH |  | SOLE | 0 | 0 | 0 | 2400 |
| DIMENSIONAL ETF TRUST | US HIGH PROFITAB | 25434V831 |  | 1101003 | 45856 | SH |  | SOLE | 0 | 0 | 0 | 45856 |
| DIMENSIONAL ETF TRUST | INTL HIGH PROFIT | 25434V765 |  | 217810 | 9878 | SH |  | SOLE | 0 | 0 | 0 | 9878 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 |  | 6613214 | 264106 | SH |  | SOLE | 0 | 0 | 0 | 264106 |
| DIMENSIONAL ETF TRUST | EMGR CRE EQT MNG | 25434V302 |  | 3403172 | 155042 | SH |  | SOLE | 0 | 0 | 0 | 155042 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 15658979 | 644933 | SH |  | SOLE | 0 | 0 | 0 | 644933 |
| DIMENSIONAL ETF TRUST | US SMALL CAP ETF | 25434V500 |  | 5181086 | 101292 | SH |  | SOLE | 0 | 0 | 0 | 101292 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 |  | 2684752 | 124294 | SH |  | SOLE | 0 | 0 | 0 | 124294 |
| DIMENSIONAL ETF TRUST | INFLATION PROTE | 25434V856 |  | 871645 | 21177 | SH |  | SOLE | 0 | 0 | 0 | 21177 |
| DIMENSIONAL ETF TRUST | CORE FIXED INCOM | 25434V872 |  | 1961695 | 47247 | SH |  | SOLE | 0 | 0 | 0 | 47247 |
| ECOLAB INC | COM | 278865100 |  | 292576 | 2010 | SH |  | SOLE | 0 | 0 | 0 | 2010 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 487195 | 4417 | SH |  | SOLE | 0 | 0 | 0 | 4417 |
| FIDELITY COVINGTON TRUST | MSCI INFO TECH I | 316092808 |  | 483324 | 5114 | SH |  | SOLE | 0 | 0 | 0 | 5114 |
| FIRST TR EXCH TRADED FD III | PFD SECS INC ETF | 33739E108 |  | 2469617 | 147001 | SH |  | SOLE | 0 | 0 | 0 | 147001 |
| FIRST TR EXCHANGE TRAD FD VI | FST TR GLB FD | 33739H101 |  | 983249 | 40149 | SH |  | SOLE | 0 | 0 | 0 | 40149 |
| FIRST TR EXCHANGE-TRADED FD | SENIOR LN FD | 33738D309 |  | 3178420 | 71281 | SH |  | SOLE | 0 | 0 | 0 | 71281 |
| FIRST TR LRG CP VL ALPHADEX | COM SHS | 33735J101 |  | 10274323 | 156121 | SH |  | SOLE | 0 | 0 | 0 | 156121 |
| FORD MTR CO DEL | COM | 345370860 |  | 130326 | 11206 | SH |  | SOLE | 0 | 0 | 0 | 11206 |
| ISHARES INC | ESG AWR MSCI EM | 46434G863 |  | 206761 | 6876 | SH |  | SOLE | 0 | 0 | 0 | 6876 |
| ISHARES TR | FALN ANGLS USD | 46435G474 |  | 522470 | 21230 | SH |  | SOLE | 0 | 0 | 0 | 21230 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 3310505 | 39062 | SH |  | SOLE | 0 | 0 | 0 | 39062 |
| ISHARES TR | CORE TOTAL USD | 46434V613 |  | 614553 | 13678 | SH |  | SOLE | 0 | 0 | 0 | 13678 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 1107451 | 24138 | SH |  | SOLE | 0 | 0 | 0 | 24138 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 1054957 | 12595 | SH |  | SOLE | 0 | 0 | 0 | 12595 |
| ISHARES TR | MBS ETF | 464288588 |  | 663905 | 7158 | SH |  | SOLE | 0 | 0 | 0 | 7158 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 296116 | 2782 | SH |  | SOLE | 0 | 0 | 0 | 2782 |
| ISHARES TR | CORE S ETF | 464287200 |  | 535973 | 1395 | SH |  | SOLE | 0 | 0 | 0 | 1395 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 3075937 | 37895 | SH |  | SOLE | 0 | 0 | 0 | 37895 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 1839180 | 21668 | SH |  | SOLE | 0 | 0 | 0 | 21668 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 287391 | 3986 | SH |  | SOLE | 0 | 0 | 0 | 3986 |
| ISHARES TR | MSCI USA SZE FT | 46432F370 |  | 230187 | 2024 | SH |  | SOLE | 0 | 0 | 0 | 2024 |
| ISHARES TR | MSCI USA VALUE | 46432F388 |  | 513392 | 5633 | SH |  | SOLE | 0 | 0 | 0 | 5633 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 1259942 | 11056 | SH |  | SOLE | 0 | 0 | 0 | 11056 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 2352361 | 103537 | SH |  | SOLE | 0 | 0 | 0 | 103537 |
| JOHN HANCOCK EXCHANGE TRADED | MULTIFACTR SML | 47804J842 |  | 1906828 | 62335 | SH |  | SOLE | 0 | 0 | 0 | 62335 |
| LILLY ELI  CO | COM | 532457108 |  | 302184 | 826 | SH |  | SOLE | 0 | 0 | 0 | 826 |
| LUMEN TECHNOLOGIES INC | COM | 550241103 |  | 57102 | 10939 | SH |  | SOLE | 0 | 0 | 0 | 10939 |
| NUVEEN SELECT TAX-FREE INCOM | SH BEN INT | 67062F100 |  | 220682 | 15865 | SH |  | SOLE | 0 | 0 | 0 | 15865 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 680505 | 14907 | SH |  | SOLE | 0 | 0 | 0 | 14907 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 331939 | 8194 | SH |  | SOLE | 0 | 0 | 0 | 8194 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 362478 | 6999 | SH |  | SOLE | 0 | 0 | 0 | 6999 |
| SCHWAB STRATEGIC TR | 5 10YR CORP BD | 808524698 |  | 223086 | 5176 | SH |  | SOLE | 0 | 0 | 0 | 5176 |
| SCHWAB STRATEGIC TR | 1 5YR CORP BD | 808524714 |  | 590720 | 12598 | SH |  | SOLE | 0 | 0 | 0 | 12598 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 398776 | 4559 | SH |  | SOLE | 0 | 0 | 0 | 4559 |
| SPDR SER TR | PORTFOLIO INTRMD | 78464A375 |  | 354077 | 11124 | SH |  | SOLE | 0 | 0 | 0 | 11124 |
| SPDR SER TR | PORTFOLIO S | 78464A854 |  | 4680664 | 104061 | SH |  | SOLE | 0 | 0 | 0 | 104061 |
| SPDR SER TR | SSGA US LRG ETF | 78468R804 |  | 357521 | 2636 | SH |  | SOLE | 0 | 0 | 0 | 2636 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 982698 | 2797 | SH |  | SOLE | 0 | 0 | 0 | 2797 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 165958 | 16399 | SH |  | SOLE | 0 | 0 | 0 | 16399 |
| WISDOMTREE TR | EM EX ST-OWNED | 97717X578 |  | 353163 | 13237 | SH |  | SOLE | 0 | 0 | 0 | 13237 |

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