# EDGAR Filing Document

**Accession Number:** 0001369913
**File Stem:** 0001369913-25-000003
**Filing Date:** 2025-11
**Character Count:** 19441
**Document Hash:** 21c918bdf64aa8644eb6e5edc16168be
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001369913-25-000003.hdr.sgml**: 20251113

**ACCESSION NUMBER**: 0001369913-25-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251113

**DATE AS OF CHANGE**: 20251113

**EFFECTIVENESS DATE**: 20251113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** American Investment Services, Inc.
- **CENTRAL INDEX KEY:** 0001369913

**ORGANIZATION NAME:**
- **EIN:** 042657538
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12178
- **FILM NUMBER:** 251479003

**BUSINESS ADDRESS:**
- **STREET 1:** 250 DIVISION STREET
- **STREET 2:** POST OFFICE BOX 1000
- **CITY:** GREAT BARRINGTON
- **STATE:** MA
- **ZIP:** 01230-1000
- **BUSINESS PHONE:** 413-591-4445

**MAIL ADDRESS:**
- **STREET 1:** 250 DIVISION STREET
- **STREET 2:** POST OFFICE BOX 1000
- **CITY:** GREAT BARRINGTON
- **STATE:** MA
- **ZIP:** 01230-1000

### 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:** American Investment Services Inc.<br>**Address:** 250 DIVISION STREET<br>POST OFFICE BOX 1000<br>GREAT BARRINGTON, MA 01230-1000

**Form 13F File Number:** 028-12178

**CRD Number (if applicable):** 000110043

**SEC File Number (if applicable):** 801-14337

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:** Sandra Potter-Stevenson<br>**Title:** Chief Compliance Officer<br>**Phone:** 413-591-4445

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

/s/Sandra Potter-Stevenson  Great Barrington, MA  11-13-2025<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:** 134

**Form 13F Information Table Value Total:** $416209242

      (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 | 1110469 | 7156 | SH |  | SOLE |  | 5962 | 0 | 1194 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 | BBG001S5NPQ6 | 692160 | 3599 | SH |  | SOLE |  | 3479 | 0 | 120 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 2742702 | 9719 | SH |  | SOLE |  | 9164 | 0 | 555 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 516268 | 2028 | SH |  | SOLE |  | 2018 | 0 | 10 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 262683 | 895 | SH |  | SOLE |  | 110 | 0 | 785 |
| AVALONBAY CMNTYS INC | COM | 053484101 | BBG001S7J2H8 | 286085 | 1481 | SH |  | SOLE |  | 1481 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | BBG001S902J2 | 754200 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 2854055 | 5677 | SH |  | SOLE |  | 1670 | 0 | 4007 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 204221 | 428 | SH |  | SOLE |  | 0 | 0 | 428 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 8908367 | 57366 | SH |  | SOLE |  | 53149 | 0 | 4217 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 689400 | 10076 | SH |  | SOLE |  | 9101 | 0 | 975 |
| COLGATE PALMOLIVE CO | COM | 194162103 | BBG001S5PVM5 | 383712 | 4800 | SH |  | SOLE |  | 0 | 0 | 4800 |
| CROWN CASTLE INC | COM | 22822V101 | BBG001S7W5T3 | 383259 | 3972 | SH |  | SOLE |  | 3972 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 | BBG001SM0K30 | 523827 | 3030 | SH |  | SOLE |  | 3030 | 0 | 0 |
| DIMENSIONAL ETF TRUST | EMERGING MKTS CO | 25434V732 | BBG017159MD8 | 8161230 | 254482 | SH |  | SOLE |  | 196275 | 0 | 58207 |
| DIMENSIONAL ETF TRUST | EMERGING MKTS VA | 25434V740 | BBG017158GJ6 | 350121 | 10979 | SH |  | SOLE |  | 7482 | 0 | 3497 |
| DIMENSIONAL ETF TRUST | EMGR CRE EQT MNG | 25434V302 | BBG00Y2PHW26 | 1314549 | 41692 | SH |  | SOLE |  | 29877 | 0 | 11815 |
| DIMENSIONAL ETF TRUST | GLOBAL CORE PLUS | 25434V583 | BBG01JXC18B3 | 1626507 | 29270 | SH |  | SOLE |  | 17582 | 0 | 11688 |
| DIMENSIONAL ETF TRUST | GLOBAL REAL EST | 25434V658 | BBG01BN60P09 | 7644596 | 279919 | SH |  | SOLE |  | 212365 | 0 | 67554 |
| DIMENSIONAL ETF TRUST | INTERNATNAL VAL | 25434V807 | BBG012G21Y06 | 1660182 | 35997 | SH |  | SOLE |  | 35456 | 0 | 541 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 | BBG00Y2PGDN6 | 2416548 | 66480 | SH |  | SOLE |  | 56446 | 0 | 10034 |
| DIMENSIONAL ETF TRUST | INTL CORE EQUITY | 25434V799 | BBG01631TNW2 | 11611789 | 354126 | SH |  | SOLE |  | 222255 | 0 | 131871 |
| DIMENSIONAL ETF TRUST | NATL MUN BD ETF | 25434V849 | BBG012558MV6 | 3075998 | 64110 | SH |  | SOLE |  | 44173 | 0 | 19937 |
| DIMENSIONAL ETF TRUST | SHORT DURATION F | 25434V864 | BBG01254JDW6 | 1497746 | 31080 | SH |  | SOLE |  | 26661 | 0 | 4419 |
| DIMENSIONAL ETF TRUST | US CORE EQT MKT | 25434V104 | BBG00Y2JG0C0 | 1532366 | 33487 | SH |  | SOLE |  | 30121 | 0 | 3366 |
| DIMENSIONAL ETF TRUST | US EQUITY MARKET | 25434V401 | BBG011DXXNJ2 | 10778412 | 148791 | SH |  | SOLE |  | 120765 | 0 | 28026 |
| DIMENSIONAL ETF TRUST | US HIGH PROFITAB | 25434V831 | BBG015DLMLQ7 | 1679104 | 44456 | SH |  | SOLE |  | 28551 | 0 | 15905 |
| DIMENSIONAL ETF TRUST | US LARGE CAP VAL | 25434V666 | BBG01BN5Z188 | 3547934 | 107840 | SH |  | SOLE |  | 32473 | 0 | 75367 |
| DIMENSIONAL ETF TRUST | US LARGE CAP VEC | 25434V641 | BBG01JXBYPV9 | 864226 | 11884 | SH |  | SOLE |  | 1669 | 0 | 10215 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 | BBG0177CTQC7 | 21658499 | 484639 | SH |  | SOLE |  | 394962 | 0 | 89677 |
| DIMENSIONAL ETF TRUST | US REAL ESTATE E | 25434V823 | BBG015GTL6R0 | 580247 | 24329 | SH |  | SOLE |  | 18729 | 0 | 5600 |
| DIMENSIONAL ETF TRUST | US SMALL CAP ETF | 25434V500 | BBG011DXXVM0 | 11495335 | 167913 | SH |  | SOLE |  | 137065 | 0 | 30848 |
| DIMENSIONAL ETF TRUST | US SMALL CAP VAL | 25434V815 | BBG015DG3GG1 | 4689679 | 147289 | SH |  | SOLE |  | 105997 | 0 | 41292 |
| DIMENSIONAL ETF TRUST | US TARGETED VLU | 25434V609 | BBG011DXY0L8 | 8464044 | 145405 | SH |  | SOLE |  | 122116 | 0 | 23289 |
| DIMENSIONAL ETF TRUST | WORLD EQUITY ETF | 25434V617 | BBG01J9W24S6 | 7381853 | 102725 | SH |  | SOLE |  | 94334 | 0 | 8391 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 | BBG012G2PD33 | 7564027 | 241046 | SH |  | SOLE |  | 177608 | 0 | 63438 |
| DOW INC | COM | 260557103 | BBG00BN96931 | 1404478 | 61251 | SH |  | SOLE |  | 56627 | 0 | 4624 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 1064385 | 1395 | SH |  | SOLE |  | 1385 | 0 | 10 |
| EQUINIX INC | COM | 29444U700 | BBG001SKBNS9 | 727630 | 929 | SH |  | SOLE |  | 929 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 | BBG001S723L9 | 237236 | 3665 | SH |  | SOLE |  | 3665 | 0 | 0 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 | BBG001SLSXK5 | 316975 | 2249 | SH |  | SOLE |  | 2249 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 1844139 | 16356 | SH |  | SOLE |  | 14976 | 0 | 1380 |
| GE AEROSPACE | COM NEW | 369604301 | BBG001S5PVD5 | 630820 | 2097 | SH |  | SOLE |  | 1695 | 0 | 402 |
| GLOBAL X FDS | US PFD ETF | 37954Y657 | BBG00HPF2LX6 | 220104 | 11328 | SH |  | SOLE |  | 11328 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 | BBG001S8PXF3 | 323204 | 2423 | SH |  | SOLE |  | 2423 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 867107 | 2140 | SH |  | SOLE |  | 2140 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 4049279 | 14351 | SH |  | SOLE |  | 13043 | 0 | 1308 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 | BBG00KJR2NN7 | 1806324 | 9522 | SH |  | SOLE |  | 9522 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 | BBG001SCQ2X1 | 316320 | 3103 | SH |  | SOLE |  | 3103 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 | BBG001SJK6D5 | 9329769 | 128209 | SH |  | SOLE |  | 101923 | 0 | 26286 |
| ISHARES INC | MSCI EMRG CHN | 46434G764 | BBG00H5VLN77 | 233315 | 3456 | SH |  | SOLE |  | 2155 | 0 | 1301 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 | BBG001SKXPR1 | 2977764 | 35894 | SH |  | SOLE |  | 27958 | 0 | 7936 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 687551 | 5786 | SH |  | SOLE |  | 5380 | 0 | 406 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 689865 | 1031 | SH |  | SOLE |  | 507 | 0 | 524 |
| ISHARES TR | CORE US AGGBD ET | 464287226 | BBG001SM1QT8 | 1635579 | 16315 | SH |  | SOLE |  | 8332 | 0 | 7983 |
| ISHARES TR | MICRO-CAP ETF | 464288869 | BBG001SP7X10 | 222443 | 1492 | SH |  | SOLE |  | 830 | 0 | 662 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 381790 | 4089 | SH |  | SOLE |  | 2584 | 0 | 1505 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 | BBG001SK77D5 | 625475 | 11713 | SH |  | SOLE |  | 9462 | 0 | 2251 |
| ISHARES TR | NEW YORK MUN ETF | 464288323 | BBG001T03XV5 | 262749 | 4925 | SH |  | SOLE |  | 4925 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 | BBG001S56320 | 1675971 | 3578 | SH |  | SOLE |  | 3130 | 0 | 448 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 | BBG001S562P7 | 829833 | 4076 | SH |  | SOLE |  | 2530 | 0 | 1546 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | BBG001SFC7Y7 | 599335 | 2477 | SH |  | SOLE |  | 2477 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 | BBG001S561Q8 | 2281005 | 18895 | SH |  | SOLE |  | 12781 | 0 | 6114 |
| ISHARES TR | S 500 VAL ETF | 464287408 | BBG001S561K4 | 387620 | 1877 | SH |  | SOLE |  | 1306 | 0 | 571 |
| ISHARES TR | SELECT US REIT | 464287564 | BBG001SDX760 | 393383 | 6384 | SH |  | SOLE |  | 6384 | 0 | 0 |
| ISHARES TR | SHORT TREAS BD | 464288679 | BBG001SSD803 | 5555880 | 50284 | SH |  | SOLE |  | 31255 | 0 | 19029 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 | BBG001SFQL26 | 1432141 | 12950 | SH |  | SOLE |  | 8995 | 0 | 3955 |
| ISHARES TR | TIPS BD ETF | 464287176 | BBG001SD9RM5 | 1579698 | 14203 | SH |  | SOLE |  | 7958 | 0 | 6245 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 4208478 | 22697 | SH |  | SOLE |  | 20948 | 0 | 1749 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 | BBG001S5WZ84 | 344144 | 3130 | SH |  | SOLE |  | 3130 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 894875 | 2837 | SH |  | SOLE |  | 2302 | 0 | 535 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 273149 | 2868 | SH |  | SOLE |  | 2868 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 3846177 | 45826 | SH |  | SOLE |  | 43340 | 0 | 2486 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 440258 | 850 | SH |  | SOLE |  | 840 | 0 | 10 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 572668 | 7586 | SH |  | SOLE |  | 7586 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 554879 | 3951 | SH |  | SOLE |  | 3900 | 0 | 51 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 217651 | 8542 | SH |  | SOLE |  | 5392 | 0 | 3150 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 690965 | 4497 | SH |  | SOLE |  | 3419 | 0 | 1078 |
| PROLOGIS INC. | COM | 74340W103 | BBG001S5NMN6 | 809657 | 7070 | SH |  | SOLE |  | 7070 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 | BBG001S5TH79 | 469671 | 1626 | SH |  | SOLE |  | 1626 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 | BBG001S884K0 | 457506 | 7526 | SH |  | SOLE |  | 7526 | 0 | 0 |
| SBA COMMUNICATIONS CORP NEW | CL A | 78410G104 | BBG001SCWNN9 | 221580 | 1146 | SH |  | SOLE |  | 1146 | 0 | 0 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 | BBG001T6L7D9 | 983842 | 29483 | SH |  | SOLE |  | 29403 | 0 | 80 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 | BBG001T5XQY3 | 1239049 | 53224 | SH |  | SOLE |  | 53182 | 0 | 42 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 | BBG001T9F795 | 3424199 | 140336 | SH |  | SOLE |  | 140336 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 | BBG001T66WQ7 | 503545 | 17298 | SH |  | SOLE |  | 17298 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 | BBG001T5XQV6 | 2272089 | 86260 | SH |  | SOLE |  | 86080 | 0 | 180 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 | BBG001T5XQW5 | 2210578 | 79232 | SH |  | SOLE |  | 68504 | 0 | 10728 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 | BBG001S7TCZ5 | 260439 | 924 | SH |  | SOLE |  | 924 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 | BBG001S77WM9 | 498452 | 2656 | SH |  | SOLE |  | 2656 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 283666 | 798 | SH |  | SOLE |  | 598 | 0 | 200 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 | BBG001SRXRJ1 | 3428660 | 80128 | SH |  | SOLE |  | 73430 | 0 | 6698 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 | BBG001SRXRD7 | 928085 | 19827 | SH |  | SOLE |  | 14854 | 0 | 4973 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 598936 | 899 | SH |  | SOLE |  | 384 | 0 | 515 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A854 | BBG001SPTB87 | 2895134 | 36956 | SH |  | SOLE |  | 31211 | 0 | 5745 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 | BBG004T58LZ5 | 873318 | 18854 | SH |  | SOLE |  | 15940 | 0 | 2914 |
| SPDR SERIES TRUST | PRTFLO S VL | 78464A508 | BBG001SG4284 | 3362129 | 60765 | SH |  | SOLE |  | 57251 | 0 | 3514 |
| SPDR SERIES TRUST | S 600 SMCP VAL | 78464A300 | BBG001SG3JV2 | 1205906 | 13603 | SH |  | SOLE |  | 13603 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 | BBG01Q08MMX4 | 305367 | 1391 | SH |  | SOLE |  | 1391 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 | BBG00KXRCDQ9 | 586013 | 2033 | SH |  | SOLE |  | 2033 | 0 | 0 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 | BBG001ST39Q2 | 2226683 | 28218 | SH |  | SOLE |  | 19794 | 0 | 8424 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 | BBG001SK7DK4 | 1018572 | 13696 | SH |  | SOLE |  | 11171 | 0 | 2525 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 | BBG004N1LGK2 | 435715 | 8809 | SH |  | SOLE |  | 6627 | 0 | 2182 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | BBG001SHTTS4 | 38263662 | 79781 | SH |  | SOLE |  | 64833 | 0 | 14948 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 | BBG001SHTTQ6 | 1977150 | 6422 | SH |  | SOLE |  | 2891 | 0 | 3531 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 | BBG001SMD2X3 | 6436992 | 70411 | SH |  | SOLE |  | 57556 | 0 | 12855 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 5672503 | 9263 | SH |  | SOLE |  | 8624 | 0 | 639 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 | BBG001SHVTR2 | 6688241 | 32046 | SH |  | SOLE |  | 24238 | 0 | 7808 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 6560551 | 25800 | SH |  | SOLE |  | 17209 | 0 | 8591 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 2315231 | 7055 | SH |  | SOLE |  | 5656 | 0 | 1399 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 | BBG001SHVR78 | 11002333 | 58997 | SH |  | SOLE |  | 51696 | 0 | 7301 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 3596187 | 66375 | SH |  | SOLE |  | 53815 | 0 | 12560 |
| VANGUARD INTL EQUITY INDEX F | GLB EX US ETF | 922042676 | BBG001TCVT65 | 200365 | 4197 | SH |  | SOLE |  | 3875 | 0 | 322 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 | BBG001T2YZG9 | 254680 | 1848 | SH |  | SOLE |  | 1057 | 0 | 791 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 | BBG003H12XS7 | 550082 | 10865 | SH |  | SOLE |  | 4866 | 0 | 5999 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 | BBG009THVRX1 | 3841471 | 76722 | SH |  | SOLE |  | 60263 | 0 | 16459 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 | BBG001T62M38 | 2915753 | 34666 | SH |  | SOLE |  | 22590 | 0 | 12076 |
| VANGUARD SCOTTSDALE FDS | LONG TERM TREAS | 92206C847 | BBG001T62MC8 | 251151 | 4417 | SH |  | SOLE |  | 2628 | 0 | 1789 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 | BBG001T62M74 | 2952387 | 50168 | SH |  | SOLE |  | 24399 | 0 | 25769 |
| VANGUARD SCOTTSDALE FDS | TOTAL CORP BND | 92206C573 | BBG00J5M1LD2 | 231042 | 2948 | SH |  | SOLE |  | 925 | 0 | 2023 |
| VANGUARD SCOTTSDALE FDS | TOTAL WLD BD ETF | 92206C565 | BBG00LWSF8K0 | 310283 | 4454 | SH |  | SOLE |  | 2482 | 0 | 1972 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000IDX | 92206C730 | BBG001TCHM11 | 1337899 | 4425 | SH |  | SOLE |  | 3061 | 0 | 1364 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | BBG001SQX4T3 | 305128 | 1414 | SH |  | SOLE |  | 1355 | 0 | 59 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 | BBG001TJR1D8 | 258065 | 3513 | SH |  | SOLE |  | 2381 | 0 | 1132 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 8514841 | 142103 | SH |  | SOLE |  | 117644 | 0 | 24459 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 | BBG001SS0V24 | 217345 | 1542 | SH |  | SOLE |  | 262 | 0 | 1280 |
| VANGUARD WHITEHALL FDS | INTL HIGH ETF | 921946794 | BBG00C868SD7 | 18685320 | 220658 | SH |  | SOLE |  | 220658 | 0 | 0 |
| VANGUARD WORLD FD | ESG US CORP BD | 921910691 | BBG00XGJM879 | 414668 | 6459 | SH |  | SOLE |  | 6459 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 | BBG001SHTTR5 | 608504 | 815 | SH |  | SOLE |  | 507 | 0 | 308 |
| VANGUARD WORLD FD | UTILITIES ETF | 92204A876 | BBG001SHVTP4 | 10119550 | 53427 | SH |  | SOLE |  | 52401 | 0 | 1026 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 9022013 | 205279 | SH |  | SOLE |  | 188429 | 0 | 16850 |
| VICI PPTYS INC | COM | 925652109 | BBG00HVVB4B6 | 361711 | 11092 | SH |  | SOLE |  | 11092 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 238069 | 2310 | SH |  | SOLE |  | 510 | 0 | 1800 |
| WORLD GOLD TR | SPDR GLD MINIS | 98149E303 | BBG00L8YYQ05 | 43068463 | 563355 | SH |  | SOLE |  | 485428 | 0 | 77927 |

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