# EDGAR Filing Document

**Accession Number:** 0001932496
**File Stem:** 0001932496-23-000001
**Filing Date:** 2023-2
**Character Count:** 17041
**Document Hash:** 7095e5cd7c8181aee0bf920b3e8c1556
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001932496-23-000001.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0001932496-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230208

**DATE AS OF CHANGE**: 20230207

**EFFECTIVENESS DATE**: 20230208

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Sanford Advisory Services, LLC
- **CENTRAL INDEX KEY:** 0001932496
- **IRS NUMBER:** 270645757
- **STATE OF INCORPORATION:** MI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22579
- **FILM NUMBER:** 23596414

**BUSINESS ADDRESS:**
- **STREET 1:** 590 WEST CENTRE AVE.
- **CITY:** PORTAGE
- **STATE:** MI
- **ZIP:** 49024
- **BUSINESS PHONE:** 269-488-6900

**MAIL ADDRESS:**
- **STREET 1:** 590 WEST CENTRE AVE.
- **CITY:** PORTAGE
- **STATE:** MI
- **ZIP:** 49024

### 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:** Sanford Advisory Services LLC<br>**Address:** 590 WEST CENTRE AVE.<br>PORTAGE, MI 49024

**Form 13F File Number:** 028-22579

**CRD Number (if applicable):** 000151388

**SEC File Number (if applicable):** 801-119924

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:** Lori Bumgart<br>**Title:** Chief Compliance Officer<br>**Phone:** 269-488-6900

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

Lori Bumgart  Portage, MI  02-07-2023<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:** 119

**Form 13F Information Table Value Total:** $419889450

      (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 |
| ABBVIE INCORPORATED | COM | 00287Y109 |  | 535347 | 3312 | SH |  | SOLE |  | 0 | 0 | 3312 |
| ACCENTURE PLC IRELAND SHS CLASS A | SHS CLASS A | G1151C101 |  | 1664548 | 6238 | SH |  | SOLE |  | 0 | 0 | 6238 |
| ADVANCED MICRO DEVICES INCORPORATED | COM | 007903107 |  | 1465745 | 22630 | SH |  | SOLE |  | 0 | 0 | 22630 |
| ALPHABET INCORPORATED CAP STK CLASS A | CAP STK CL A | 02079K305 |  | 467530 | 5294 | SH |  | SOLE |  | 0 | 0 | 5294 |
| AMAZON COM INCORPORATED | COM | 023135106 |  | 1566012 | 18643 | SH |  | SOLE |  | 0 | 0 | 18643 |
| AMGEN INCORPORATED | COM | 031162100 |  | 359292 | 1368 | SH |  | SOLE |  | 0 | 0 | 1368 |
| APPLE INCORPORATED | COM | 037833100 |  | 24620455 | 189490 | SH |  | SOLE |  | 0 | 0 | 189490 |
| BERKSHIRE HATHAWAY INCORPORATED DEL CLASS B | CL B NEW | 084670702 |  | 2161991 | 6999 | SH |  | SOLE |  | 0 | 0 | 6999 |
| BLACKSTONE INCORPORATED | COM | 09260D107 |  | 380075 | 5123 | SH |  | SOLE |  | 0 | 0 | 5123 |
| CATERPILLAR INCORPORATED | COM | 149123101 |  | 375979 | 1569 | SH |  | SOLE |  | 0 | 0 | 1569 |
| CHENIERE ENERGY INCORPORATED COM NEW | COM NEW | 16411R208 |  | 779792 | 5200 | SH |  | SOLE |  | 0 | 0 | 5200 |
| CIGNA CORPORATION NEW | COM | 125523100 |  | 402578 | 1215 | SH |  | SOLE |  | 0 | 0 | 1215 |
| CISCO SYSTEMS INCORPORATED | COM | 17275R102 |  | 385836 | 8099 | SH |  | SOLE |  | 0 | 0 | 8099 |
| CMS ENERGY CORPORATION | COM | 125896100 |  | 439099 | 6933 | SH |  | SOLE |  | 0 | 0 | 6933 |
| COSTCO WHOLESALE CORPORATION NEW | COM | 22160K105 |  | 302660 | 663 | SH |  | SOLE |  | 0 | 0 | 663 |
| CSX CORPORATION | COM | 126408103 |  | 900589 | 29070 | SH |  | SOLE |  | 0 | 0 | 29070 |
| CURE PHARMACEUTICAL HLDG CORPORATION | COM | 23127P104 |  | 9417 | 60020 | SH |  | SOLE |  | 0 | 0 | 60020 |
| DEERE  COMPANY | COM | 244199105 |  | 231959 | 541 | SH |  | SOLE |  | 0 | 0 | 541 |
| DIMENSIONAL ETF TR DIMENSIONAL US | US HIGHT PROFITAB | 25434V831 |  | 1003954 | 41814 | SH |  | SOLE |  | 0 | 0 | 41814 |
| DIMENSIONAL ETF TRUST INTL CORE EQUITY 2 ETF | INTL CORE EQUITY | 25434V799 |  | 914093 | 40899 | SH |  | SOLE |  | 0 | 0 | 40899 |
| DIMENSIONAL ETF TRUST INTL HIGH PROFITABILITY ETF | INTL HIGH PROFIT | 25434V765 |  | 566200 | 25678 | SH |  | SOLE |  | 0 | 0 | 25678 |
| DIMENSIONAL ETF TRUST INTL VALUE ETF | INTERNATIONAL VAL | 25434V807 |  | 6317084 | 207798 | SH |  | SOLE |  | 0 | 0 | 207798 |
| DIMENSIONAL ETF TRUST U S CORE EQUITY 2 ETF | US CORE EQUITY 2 | 25434V708 |  | 2318995 | 95510 | SH |  | SOLE |  | 0 | 0 | 95510 |
| DIMENSIONAL ETF TRUST US MARKETWIDE VALUE ETF | US MKTWIDE VALUE | 25434V724 |  | 1082174 | 32323 | SH |  | SOLE |  | 0 | 0 | 32323 |
| DTE ENERGY COMPANY | COM | 233331107 |  | 331200 | 2818 | SH |  | SOLE |  | 0 | 0 | 2818 |
| EATON CORPORATION PLC SHS | SHS | G29183103 |  | 613180 | 3906 | SH |  | SOLE |  | 0 | 0 | 3906 |
| ENTERPRISE FINL SVCS CORPORATION | COM | 293712105 |  | 409893 | 8372 | SH |  | SOLE |  | 0 | 0 | 8372 |
| ETFMG PRIME MOBILE PAYMENTS ETF | PRIME MOBILE PAY | 26924G409 |  | 271310 | 6910 | SH |  | SOLE |  | 0 | 0 | 6910 |
| EXXON MOBIL CORPORATION | COM | 30231G102 |  | 583046 | 5286 | SH |  | SOLE |  | 0 | 0 | 5286 |
| FIRST TRUST NASDAQ CEA CYBERSECURITY ETF | NASDAQ CYB ETF | 33734X846 |  | 199661 | 5157 | SH |  | SOLE |  | 0 | 0 | 5157 |
| FORD MTR COMPANY DEL | COM | 345370860 |  | 359255 | 30890 | SH |  | SOLE |  | 0 | 0 | 30890 |
| GLOBAL X NASDAQ 100 COVERED CALL ETF | NASDAQ 100 COVER | 37954Y483 |  | 397750 | 25000 | SH |  | SOLE |  | 0 | 0 | 25000 |
| GOLDMAN SACHS ACTIVEBETA U.S. LARGE CAP EQUITY ETF | ACTIVEBETA US LG | 381430503 |  | 33338277 | 437897 | SH |  | SOLE |  | 0 | 0 | 437897 |
| HORMEL FOODS CORPORATION | COM | 440452100 |  | 502624 | 11034 | SH |  | SOLE |  | 0 | 0 | 11034 |
| IDEXX LABS INCORPORATED | COM | 45168D104 |  | 955850 | 2343 | SH |  | SOLE |  | 0 | 0 | 2343 |
| INTUITIVE SURGICAL INCORPORATED COM NEW | COM NEW | 46120E602 |  | 252083 | 950 | SH |  | SOLE |  | 0 | 0 | 950 |
| INVESCO NASDAQ 100 ETF | NASDAQ 100 ETF | 46138G649 |  | 461559 | 4214 | SH |  | SOLE |  | 0 | 0 | 4214 |
| INVESCO QQQ | UNIT SER 1 | 46090E103 |  | 2105519 | 7907 | SH |  | SOLE |  | 0 | 0 | 7907 |
| INVESCO S 500 LOW VOLATILITY ETF | S LOW VOL | 46138E354 |  | 3659741 | 57272 | SH |  | SOLE |  | 0 | 0 | 57272 |
| INVESCO S MIDCAP LOW VOLATILITY ETF | S MIDCP LOW | 46138E198 |  | 10605672 | 198244 | SH |  | SOLE |  | 0 | 0 | 198244 |
| INVESCO S SMALLCAP LOW VOLATILITY ETF | S SMLCP LOW | 46138G102 |  | 4016495 | 89924 | SH |  | SOLE |  | 0 | 0 | 89924 |
| ISHARES INCORPORATED MSCI EMERG MKT | MSCI EMERG MKT | 46434G889 |  | 417254 | 10167 | SH |  | SOLE |  | 0 | 0 | 10167 |
| ISHARES INCORPORATED MSCI EMERG MRKT | MSCI EMERG MRKT | 464286533 |  | 712915 | 13431 | SH |  | SOLE |  | 0 | 0 | 13431 |
| ISHARES INCORPORATED MSCI GBL MIN VOL | MSCI GBL MIN VOL | 464286525 |  | 8546153 | 89940 | SH |  | SOLE |  | 0 | 0 | 89940 |
| ISHARES TR 3 7 YR TREAS BD | 3 7 YR TREAS BD | 464288661 |  | 359950 | 3133 | SH |  | SOLE |  | 0 | 0 | 3133 |
| ISHARES TR CONV BD ETF | CONV BD ETF | 46435G102 |  | 1894933 | 27277 | SH |  | SOLE |  | 0 | 0 | 27277 |
| ISHARES TR CORE DIV GRWTH | CORE DIV GRWTH | 46434V621 |  | 27298541 | 545970 | SH |  | SOLE |  | 0 | 0 | 545970 |
| ISHARES TR CORE HIGH DV ETF | CORE HIGH DV ETF | 46429B663 |  | 792127 | 7599 | SH |  | SOLE |  | 0 | 0 | 7599 |
| ISHARES TR CORE S MCP ETF | CORE S MCP ETF | 464287507 |  | 32967093 | 136286 | SH |  | SOLE |  | 0 | 0 | 136286 |
| ISHARES TR CORE S SCP ETF | CORE S SCP ETF | 464287804 |  | 2378776 | 25135 | SH |  | SOLE |  | 0 | 0 | 25135 |
| ISHARES TR CORE S TTL STK | CORE S TTL STK | 464287150 |  | 6687881 | 78866 | SH |  | SOLE |  | 0 | 0 | 78866 |
| ISHARES TR CORE S US VLU | CORE S US VLU | 464287663 |  | 1961496 | 27771 | SH |  | SOLE |  | 0 | 0 | 27771 |
| ISHARES TR CORE S ETF | CORE S ETF | 464287200 |  | 29453738 | 76657 | SH |  | SOLE |  | 0 | 0 | 76657 |
| ISHARES TR CORE US AGGBD ET | CORE US AGGBD ETF | 464287226 |  | 7471936 | 77038 | SH |  | SOLE |  | 0 | 0 | 77038 |
| ISHARES TR EXPANDED TECH | EXPANDED TECH | 464287515 |  | 1122457 | 4387 | SH |  | SOLE |  | 0 | 0 | 4387 |
| ISHARES TR EXPONENTIAL TECH | EXPONENTIAL TECH | 46434V381 |  | 636534 | 13446 | SH |  | SOLE |  | 0 | 0 | 13446 |
| ISHARES TR ISHARES BIOTECH | NASDAQ BIOTECH | 464287556 |  | 388904 | 2962 | SH |  | SOLE |  | 0 | 0 | 2962 |
| ISHARES TR ISHARES SEMICDTR | PHLX SEMICND ETF | 464287523 |  | 1044957 | 3002 | SH |  | SOLE |  | 0 | 0 | 3002 |
| ISHARES TR ISHS 5-10YR INVT | ISHS 5-10YR INVT | 464288638 |  | 521736 | 10538 | SH |  | SOLE |  | 0 | 0 | 10538 |
| ISHARES TR MRGSTR SM CP ETF | MRGSTR SM CP ETF | 464288505 |  | 1204381 | 26401 | SH |  | SOLE |  | 0 | 0 | 26401 |
| ISHARES TR MSCI ACWI EX US | MSCI ACWI EX US | 464288240 |  | 783306 | 17135 | SH |  | SOLE |  | 0 | 0 | 17135 |
| ISHARES TR MSCI EAFE ETF | MSCI EAFE ETF | 464287465 |  | 235516 | 3588 | SH |  | SOLE |  | 0 | 0 | 3588 |
| ISHARES TR MSCI EAFE MIN VL | MSCI EAFE MIN VL | 46429B689 |  | 3706348 | 58251 | SH |  | SOLE |  | 0 | 0 | 58251 |
| ISHARES TR MSCI INTL MOMENT | MSCI INTL MOMENT | 46434V449 |  | 588945 | 19102 | SH |  | SOLE |  | 0 | 0 | 19102 |
| ISHARES TR MSCI USA ESG SLC | MSCI USA ESG SLC | 464288802 |  | 569654 | 6920 | SH |  | SOLE |  | 0 | 0 | 6920 |
| ISHARES TR MSCI USA MIN VOL | MSCI USA MIN VOL | 46429B697 |  | 34051194 | 472229 | SH |  | SOLE |  | 0 | 0 | 472229 |
| ISHARES TR MSCI USA SMCP MN | MSCI USA SMCP MN | 46435G433 |  | 1184868 | 34244 | SH |  | SOLE |  | 0 | 0 | 34244 |
| ISHARES TR NATIONAL MUN ETF | NATIONAL MUN ETF | 464288414 |  | 4768034 | 45186 | SH |  | SOLE |  | 0 | 0 | 45186 |
| ISHARES TR PFD AND INCM SEC | PFD AND INCM SEC | 464288687 |  | 303828 | 9956 | SH |  | SOLE |  | 0 | 0 | 9956 |
| ISHARES TR RUS MID CAP ETF | RUS MID CAP EF | 464287499 |  | 1028478 | 15248 | SH |  | SOLE |  | 0 | 0 | 15248 |
| ISHARES TR SELECT DIVID ETF | SELECT DIVID ETF | 464287168 |  | 10819661 | 89715 | SH |  | SOLE |  | 0 | 0 | 89715 |
| ISHARES TR SHRT NAT MUN ETF | SHRT NAT MUN ETF | 464288158 |  | 3800129 | 36445 | SH |  | SOLE |  | 0 | 0 | 36445 |
| ISHARES TR U.S. MED DVC ETF | U.S. MED DVC ETF | 464288810 |  | 388808 | 7396 | SH |  | SOLE |  | 0 | 0 | 7396 |
| ISHARES TR U.S. UTILITS ETF | U.S. UTILITS ETF | 464287697 |  | 539032 | 6228 | SH |  | SOLE |  | 0 | 0 | 6228 |
| ISHARES TR US HLTHCARE ETF | US HLTHCARE ETF | 464287762 |  | 621325 | 2190 | SH |  | SOLE |  | 0 | 0 | 2190 |
| ISHARES TRUST MSCI USA MMENTM | MSCI USA MMENTM | 46432F396 |  | 3747225 | 25678 | SH |  | SOLE |  | 0 | 0 | 25678 |
| ISHARES TRUST MSCI USA SMALL CAP | MSCI USA SML CP | 46434V290 |  | 11070976 | 222935 | SH |  | SOLE |  | 0 | 0 | 222935 |
| JANUS HENDERSON AAA CLO ETF | HENDERSON AAA CL | 47103U845 |  | 246793 | 5010 | SH |  | SOLE |  | 0 | 0 | 5010 |
| JANUS HENDERSON SHORT DURATION INCOME ETF | HENDRSN SHRT ETF | 47103U886 |  | 1015613 | 21426 | SH |  | SOLE |  | 0 | 0 | 21426 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 906744 | 5133 | SH |  | SOLE |  | 0 | 0 | 5133 |
| JPMORGAN CHASE  COMPANY | COM | 46625H100 |  | 425902 | 3176 | SH |  | SOLE |  | 0 | 0 | 3176 |
| JPMORGAN ULTRA-SHORT INCOME ETF | ULTRA SHRT INC | 46641Q837 |  | 4836222 | 96473 | SH |  | SOLE |  | 0 | 0 | 96473 |
| KELLOGG COMPANY | COM | 487836108 |  | 621925 | 8730 | SH |  | SOLE |  | 0 | 0 | 8730 |
| LILLY ELI  COMPANY | COM | 532457108 |  | 364011 | 995 | SH |  | SOLE |  | 0 | 0 | 995 |
| MERCANTILE BK CORPORATION | COM | 587376104 |  | 2900733 | 86640 | SH |  | SOLE |  | 0 | 0 | 86640 |
| MICROSOFT CORPORATION | COM | 594918104 |  | 497387 | 2074 | SH |  | SOLE |  | 0 | 0 | 2074 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1105988 | 7568 | SH |  | SOLE |  | 0 | 0 | 7568 |
| OREILLY AUTOMOTIVE INCORPORATED | COM | 67103H107 |  | 573096 | 679 | SH |  | SOLE |  | 0 | 0 | 679 |
| PEPSICO INCORPORATED | COM | 713448108 |  | 639717 | 3541 | SH |  | SOLE |  | 0 | 0 | 3541 |
| PFIZER INCORPORATED | COM | 717081103 |  | 769196 | 15011 | SH |  | SOLE |  | 0 | 0 | 15011 |
| PROCTER AND GAMBLE COMPANY | COM | 742718109 |  | 374761 | 2472 | SH |  | SOLE |  | 0 | 0 | 2472 |
| RAYMOND JAMES FINL INCORPORATED | COM | 754730109 |  | 2816673 | 26361 | SH |  | SOLE |  | 0 | 0 | 26361 |
| RAYTHEON TECHNOLOGIES CORPORATION | COM | 75513E101 |  | 331018 | 3280 | SH |  | SOLE |  | 0 | 0 | 3280 |
| SCHWAB INTERNATIONAL EQUITY ETF | INTL EQTY ETF | 808524805 |  | 337335 | 10473 | SH |  | SOLE |  | 0 | 0 | 10473 |
| SCHWAB U.S. LARGE-CAP ETF | US LRG CAP ETF | 808524201 |  | 7792929 | 172600 | SH |  | SOLE |  | 0 | 0 | 172600 |
| SPDR BLOOMBERG 1-3 MONTH T-BILL ETF | SPDR SER TR | 78468R663 |  | 2956251 | 32319 | SH |  | SOLE |  | 0 | 0 | 32319 |
| SPDR BLOOMBERG CONVERTIBLE SECURITIES ET | BLMBRG BRC CNVRT | 78464A359 |  | 1050011 | 16319 | SH |  | SOLE |  | 0 | 0 | 16319 |
| SPDR HEALTH CARE SELECT | SBI HEALTHCARE | 81369Y209 |  | 276591 | 2036 | SH |  | SOLE |  | 0 | 0 | 2036 |
| SPDR MATERIALS SELECT SECTOR FUND | SBI MATERIALS | 81369Y100 |  | 586584 | 7551 | SH |  | SOLE |  | 0 | 0 | 7551 |
| SPDR S 500 ETF | TR UNIT | 78462F103 |  | 1331239 | 3481 | SH |  | SOLE |  | 0 | 0 | 3481 |
| SPDR S DIVIDEND ETF | S DIVID ETF | 78464A763 |  | 3269375 | 26132 | SH |  | SOLE |  | 0 | 0 | 26132 |
| SPDR S HEALTH CARE EQUIPMENT ETF | HLTH CR EQUIP | 78464A581 |  | 627882 | 6985 | SH |  | SOLE |  | 0 | 0 | 6985 |
| STRYKER CORPORATION | COM | 863667101 |  | 28479530 | 116485 | SH |  | SOLE |  | 0 | 0 | 116485 |
| TESLA INCORPORATED | COM | 88160R101 |  | 1373950 | 11154 | SH |  | SOLE |  | 0 | 0 | 11154 |
| TJX COMPANIES INCORPORATED NEW | COM | 872540109 |  | 392508 | 4931 | SH |  | SOLE |  | 0 | 0 | 4931 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | VAN FTSE DEV MKT | 921943858 |  | 2569673 | 61226 | SH |  | SOLE |  | 0 | 0 | 61226 |
| VANGUARD FTSE EMERGING MARKETS ETF | FTSE EMR MKT ETF | 922042858 |  | 694191 | 17808 | SH |  | SOLE |  | 0 | 0 | 17808 |
| VANGUARD INDEX FUNDS S 500 ETF SHS NEW | S 500 ETF SHS | 922908363 |  | 7865710 | 22385 | SH |  | SOLE |  | 0 | 0 | 22385 |
| VANGUARD MID-CAP ETF | MID CAP ETF | 922908629 |  | 1403639 | 6887 | SH |  | SOLE |  | 0 | 0 | 6887 |
| VANGUARD SHORT-TERM BOND ETF | SHORT TRM BOND | 921937827 |  | 9301426 | 123557 | SH |  | SOLE |  | 0 | 0 | 123557 |
| VANGUARD SMALL-CAP ETF | SMALL CP ETF | 922908751 |  | 1959306 | 10675 | SH |  | SOLE |  | 0 | 0 | 10675 |
| VANGUARD TAX-EXEMPT BOND ETF | TAX EXEMPT BD | 922907746 |  | 2157674 | 43598 | SH |  | SOLE |  | 0 | 0 | 43598 |
| VANGUARD TOTAL BOND MARKET ETF | TOTAL BND MRKT | 921937835 |  | 1374572 | 19120 | SH |  | SOLE |  | 0 | 0 | 19120 |
| VANGUARD TOTAL INTERNATIONAL BOND ETF | TOTAL INT BD ETF | 92203J407 |  | 3469641 | 73152 | SH |  | SOLE |  | 0 | 0 | 73152 |
| VANGUARD TOTAL STOCK MARKET ETF | TOTAL STK MKT | 922908769 |  | 1885133 | 9860 | SH |  | SOLE |  | 0 | 0 | 9860 |
| WELLS FARGO COMPANY NEW | COM | 949746101 |  | 286140 | 6930 | SH |  | SOLE |  | 0 | 0 | 6930 |
| WIALAN TECHNOLOGIES INCORPORATED | COM | 96685A107 |  | 5250 | 750000 | SH |  | SOLE |  | 0 | 0 | 750000 |
| WISDOMTREE U.S. MIDCAP DIVIDEND FUND | US MIDCAP DIVID | 97717W505 |  | 5942710 | 144450 | SH |  | SOLE |  | 0 | 0 | 144450 |
| ZOETIS INCORPORATED CLASS A | CL A | 98978V103 |  | 1690813 | 11537 | SH |  | SOLE |  | 0 | 0 | 11537 |

---