# EDGAR Filing Document

**Accession Number:** 0001868491
**File Stem:** 0001868491-23-000001
**Filing Date:** 2023-1
**Character Count:** 13286
**Document Hash:** c0c8eb9b40ce28758fadbfccd9afb34a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001868491-23-000001.hdr.sgml**: 20230109

**ACCESSION NUMBER**: 0001868491-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230109

**DATE AS OF CHANGE**: 20230109

**EFFECTIVENESS DATE**: 20230109

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pinnacle Wealth Management Group, Inc.
- **CENTRAL INDEX KEY:** 0001868491
- **IRS NUMBER:** 202649634
- **STATE OF INCORPORATION:** MI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21316
- **FILM NUMBER:** 23517566

**BUSINESS ADDRESS:**
- **STREET 1:** 849 PENNIMAN, SUITE 201
- **CITY:** PLYMOUTH
- **STATE:** MI
- **ZIP:** 48170
- **BUSINESS PHONE:** 734-667-5581

**MAIL ADDRESS:**
- **STREET 1:** 849 PENNIMAN, SUITE 201
- **CITY:** PLYMOUTH
- **STATE:** MI
- **ZIP:** 48170

### 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:** Pinnacle Wealth Management Group Inc.<br>**Address:** 849 PENNIMAN SUITE 201<br>PLYMOUTH, MI 48170

**Form 13F File Number:** 028-21316

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:** Daniel A Cesta<br>**Title:** President<br>**Phone:** 7346675581

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

Daniel A Cesta  Plymouth, MI  01-09-2023<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:** 102

**Form 13F Information Table Value Total:** $112837

      (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 |
| ABBOTT LABS | COM | 002824100 |  | 672 | 6119 | SH |  | SOLE |  | 0 | 0 | 6119 |
| ABBVIE INC | COM | 00287Y109 |  | 1243 | 7693 | SH |  | SOLE |  | 0 | 0 | 7693 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 1181 | 22716 | SH |  | SOLE |  | 0 | 0 | 22716 |
| ALAMOS GOLD INC NEW | COM CL A | 011532108 |  | 860 | 85075 | SH |  | SOLE |  | 0 | 0 | 85075 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 275 | 3118 | SH |  | SOLE |  | 0 | 0 | 3118 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 582 | 6600 | SH |  | SOLE |  | 0 | 0 | 6600 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 412 | 4640 | SH |  | SOLE |  | 0 | 0 | 4640 |
| AMAZON COM INC | COM | 023135106 |  | 585 | 6960 | SH |  | SOLE |  | 0 | 0 | 6960 |
| AMEREN CORP | COM | 023608102 |  | 352 | 3956 | SH |  | SOLE |  | 0 | 0 | 3956 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 834 | 3935 | SH |  | SOLE |  | 0 | 0 | 3935 |
| APPLE INC | COM | 037833100 |  | 2186 | 16827 | SH |  | SOLE |  | 0 | 0 | 16827 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 682 | 2856 | SH |  | SOLE |  | 0 | 0 | 2856 |
| BANK AMERICA CORP | COM | 060505104 |  | 401 | 12105 | SH |  | SOLE |  | 0 | 0 | 12105 |
| BARRICK GOLD CORP | COM | 067901108 |  | 314 | 18300 | SH |  | SOLE |  | 0 | 0 | 18300 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 469 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 337 | 1090 | SH |  | SOLE |  | 0 | 0 | 1090 |
| CHEVRON CORP NEW | COM | 166764100 |  | 566 | 3153 | SH |  | SOLE |  | 0 | 0 | 3153 |
| CISCO SYS INC | COM | 17275R102 |  | 374 | 7860 | SH |  | SOLE |  | 0 | 0 | 7860 |
| CMS ENERGY CORP | COM | 125896100 |  | 366 | 5775 | SH |  | SOLE |  | 0 | 0 | 5775 |
| CROWN CASTLE INC | COM | 22822V101 |  | 777 | 5729 | SH |  | SOLE |  | 0 | 0 | 5729 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 203 | 3300 | SH |  | SOLE |  | 0 | 0 | 3300 |
| DTE ENERGY CO | COM | 233331107 |  | 426 | 3624 | SH |  | SOLE |  | 0 | 0 | 3624 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 390 | 3788 | SH |  | SOLE |  | 0 | 0 | 3788 |
| ECOLAB INC | COM | 278865100 |  | 291 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| EVGO INC | CL A COM | 30052F100 |  | 152 | 33900 | SH |  | SOLE |  | 0 | 0 | 33900 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 597 | 5415 | SH |  | SOLE |  | 0 | 0 | 5415 |
| FIDELITY COVINGTON TRUST | MSCI ENERGY IDX | 316092402 |  | 1775 | 74472 | SH |  | SOLE |  | 0 | 0 | 74472 |
| FIDELITY COVINGTON TRUST | MSCI HLTH CARE I | 316092600 |  | 1656 | 25881 | SH |  | SOLE |  | 0 | 0 | 25881 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 219 | 3233 | SH |  | SOLE |  | 0 | 0 | 3233 |
| FORD MTR CO DEL | COM | 345370860 |  | 248 | 21293 | SH |  | SOLE |  | 0 | 0 | 21293 |
| GLOBAL X FDS | US INFR DEV ETF | 37954Y673 |  | 1560 | 58878 | SH |  | SOLE |  | 0 | 0 | 58878 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 397 | 1155 | SH |  | SOLE |  | 0 | 0 | 1155 |
| HECLA MNG CO | COM | 422704106 |  | 254 | 45750 | SH |  | SOLE |  | 0 | 0 | 45750 |
| HOME DEPOT INC | COM | 437076102 |  | 324 | 1027 | SH |  | SOLE |  | 0 | 0 | 1027 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C748 |  | 464 | 15600 | SH |  | SOLE |  | 0 | 0 | 15600 |
| INNOVATOR ETFS TR | US EQTY BUF OCT | 45782C771 |  | 257 | 8085 | SH |  | SOLE |  | 0 | 0 | 8085 |
| INNOVATOR ETFS TR | US EQTY BUF SEP | 45782C664 |  | 585 | 19290 | SH |  | SOLE |  | 0 | 0 | 19290 |
| INNOVATOR ETFS TR | US EQTY BUFR JAN | 45782C409 |  | 425 | 12850 | SH |  | SOLE |  | 0 | 0 | 12850 |
| INNOVATOR ETFS TR | US EQUT BUFR AUG | 45782C698 |  | 253 | 8450 | SH |  | SOLE |  | 0 | 0 | 8450 |
| INNOVATOR ETFS TR | US EQTY BUFR MAR | 45782C326 |  | 369 | 12720 | SH |  | SOLE |  | 0 | 0 | 12720 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C383 |  | 240 | 7800 | SH |  | SOLE |  | 0 | 0 | 7800 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C318 |  | 2017 | 71815 | SH |  | SOLE |  | 0 | 0 | 71815 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C508 |  | 378 | 11983 | SH |  | SOLE |  | 0 | 0 | 11983 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C573 |  | 311 | 10290 | SH |  | SOLE |  | 0 | 0 | 10290 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C540 |  | 749 | 25070 | SH |  | SOLE |  | 0 | 0 | 25070 |
| INNOVATOR ETFS TR | US EQTY PWR BF | 45782C680 |  | 343 | 12100 | SH |  | SOLE |  | 0 | 0 | 12100 |
| INNOVATOR ETFS TR | US EQT PWR BUF | 45782C870 |  | 2144 | 76382 | SH |  | SOLE |  | 0 | 0 | 76382 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C656 |  | 1231 | 42085 | SH |  | SOLE |  | 0 | 0 | 42085 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C797 |  | 313 | 10400 | SH |  | SOLE |  | 0 | 0 | 10400 |
| INNOVATOR ETFS TR | US EQT ULTRA BF | 45782C805 |  | 1602 | 64583 | SH |  | SOLE |  | 0 | 0 | 64583 |
| INTUIT | COM | 461202103 |  | 389 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 2893 | 20480 | SH |  | SOLE |  | 0 | 0 | 20480 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 |  | 9533 | 98317 | SH |  | SOLE |  | 0 | 0 | 98317 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 1804 | 7459 | SH |  | SOLE |  | 0 | 0 | 7459 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 8232 | 101417 | SH |  | SOLE |  | 0 | 0 | 101417 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 |  | 7323 | 157677 | SH |  | SOLE |  | 0 | 0 | 157677 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 2007 | 11508 | SH |  | SOLE |  | 0 | 0 | 11508 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1662 | 9410 | SH |  | SOLE |  | 0 | 0 | 9410 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1718 | 12811 | SH |  | SOLE |  | 0 | 0 | 12811 |
| KT CORP | SPONSORED ADR | 48268K101 |  | 246 | 18200 | SH |  | SOLE |  | 0 | 0 | 18200 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 2658 | 92749 | SH |  | SOLE |  | 0 | 0 | 92749 |
| MERCK  CO INC | COM | 58933Y105 |  | 298 | 2684 | SH |  | SOLE |  | 0 | 0 | 2684 |
| MICROSOFT CORP | COM | 594918104 |  | 4111 | 17144 | SH |  | SOLE |  | 0 | 0 | 17144 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 433 | 6499 | SH |  | SOLE |  | 0 | 0 | 6499 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 2811 | 33058 | SH |  | SOLE |  | 0 | 0 | 33058 |
| NEW GOLD INC CDA | COM | 644535106 |  | 353 | 360450 | SH |  | SOLE |  | 0 | 0 | 360450 |
| NEWMONT CORP | COM | 651639106 |  | 303 | 6430 | SH |  | SOLE |  | 0 | 0 | 6430 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 499 | 107537 | SH |  | SOLE |  | 0 | 0 | 107537 |
| ORACLE CORP | COM | 68389X105 |  | 286 | 3496 | SH |  | SOLE |  | 0 | 0 | 3496 |
| PAYCHEX INC | COM | 704326107 |  | 243 | 2107 | SH |  | SOLE |  | 0 | 0 | 2107 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 250 | 3509 | SH |  | SOLE |  | 0 | 0 | 3509 |
| PEPSICO INC | COM | 713448108 |  | 1947 | 10775 | SH |  | SOLE |  | 0 | 0 | 10775 |
| PFIZER INC | COM | 717081103 |  | 500 | 9758 | SH |  | SOLE |  | 0 | 0 | 9758 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 4073 | 15296 | SH |  | SOLE |  | 0 | 0 | 15296 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 3248 | 50829 | SH |  | SOLE |  | 0 | 0 | 50829 |
| REAVES UTIL INCOME FD | COM SH BEN INT | 756158101 |  | 213 | 7525 | SH |  | SOLE |  | 0 | 0 | 7525 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 744 | 5770 | SH |  | SOLE |  | 0 | 0 | 5770 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 689 | 13304 | SH |  | SOLE |  | 0 | 0 | 13304 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 211 | 1556 | SH |  | SOLE |  | 0 | 0 | 1556 |
| SOUTHERN CO | COM | 842587107 |  | 347 | 4864 | SH |  | SOLE |  | 0 | 0 | 4864 |
| SPDR SER TR | PORTFLI INTRMDIT | 78464A672 |  | 508 | 18003 | SH |  | SOLE |  | 0 | 0 | 18003 |
| SPDR SER TR | PORT MTG BK ETF | 78464A383 |  | 293 | 13512 | SH |  | SOLE |  | 0 | 0 | 13512 |
| SPDR SER TR | PORTFOLIO SH TSR | 78468R101 |  | 580 | 20087 | SH |  | SOLE |  | 0 | 0 | 20087 |
| SPDR SER TR | PORTFOLI S | 78464A805 |  | 538 | 11373 | SH |  | SOLE |  | 0 | 0 | 11373 |
| T-MOBILE US INC | COM | 872590104 |  | 666 | 4755 | SH |  | SOLE |  | 0 | 0 | 4755 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 207 | 2780 | SH |  | SOLE |  | 0 | 0 | 2780 |
| BOEING CO | COM | 097023105 |  | 1109 | 5821 | SH |  | SOLE |  | 0 | 0 | 5821 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 881 | 5812 | SH |  | SOLE |  | 0 | 0 | 5812 |
| TRITON INTL LTD | CL A | G9078F107 |  | 248 | 3600 | SH |  | SOLE |  | 0 | 0 | 3600 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 2338 | 13448 | SH |  | SOLE |  | 0 | 0 | 13448 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 257 | 1828 | SH |  | SOLE |  | 0 | 0 | 1828 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 3411 | 22461 | SH |  | SOLE |  | 0 | 0 | 22461 |
| VANGUARD WORLD FDS | FINANCIALS ETF | 92204A405 |  | 1406 | 16998 | SH |  | SOLE |  | 0 | 0 | 16998 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1305 | 15821 | SH |  | SOLE |  | 0 | 0 | 15821 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 505 | 2643 | SH |  | SOLE |  | 0 | 0 | 2643 |
| VANGUARD WORLD FDS | UTILITIES ETF | 92204A876 |  | 1459 | 9516 | SH |  | SOLE |  | 0 | 0 | 9516 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1617 | 41035 | SH |  | SOLE |  | 0 | 0 | 41035 |
| VISA INC | COM CL A | 92826C839 |  | 915 | 4402 | SH |  | SOLE |  | 0 | 0 | 4402 |
| VULCAN MATLS CO | COM | 929160109 |  | 222 | 1267 | SH |  | SOLE |  | 0 | 0 | 1267 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 301 | 7300 | SH |  | SOLE |  | 0 | 0 | 7300 |
| WELLTOWER INC | COM | 95040Q104 |  | 248 | 3783 | SH |  | SOLE |  | 0 | 0 | 3783 |
| ZOMEDICA CORP | COM | 98980M109 |  | 158 | 972334 | SH |  | SOLE |  | 0 | 0 | 972334 |

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