# EDGAR Filing Document

**Accession Number:** 0001747749
**File Stem:** 0001747749-25-000009
**Filing Date:** 2025-11
**Character Count:** 16145
**Document Hash:** f50f677caec0d4ba5051aa73de8164d8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001747749-25-000009.hdr.sgml**: 20251105

**ACCESSION NUMBER**: 0001747749-25-000009

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251105

**DATE AS OF CHANGE**: 20251105

**EFFECTIVENESS DATE**: 20251105

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hurlow Wealth Management Group, Inc.
- **CENTRAL INDEX KEY:** 0001747749

**ORGANIZATION NAME:**
- **EIN:** 364510648
- **STATE OF INCORPORATION:** IN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19002
- **FILM NUMBER:** 251453532

**BUSINESS ADDRESS:**
- **STREET 1:** 3925 HAGAN STREET
- **STREET 2:** SUITE 300
- **CITY:** BLOOMINGTON
- **STATE:** IN
- **ZIP:** 47401
- **BUSINESS PHONE:** 8123334726

**MAIL ADDRESS:**
- **STREET 1:** 3925 HAGAN STREET
- **STREET 2:** SUITE 300
- **CITY:** BLOOMINGTON
- **STATE:** IN
- **ZIP:** 47401

### 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:** Hurlow Wealth Management Group Inc.<br>**Address:** 3925 HAGAN STREET<br>SUITE 300<br>BLOOMINGTON, IN 47401

**Form 13F File Number:** 028-19002

**CRD Number (if applicable):** 000282587

**SEC File Number (if applicable):** 801-107700

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:** Michael Carson<br>**Title:** Chief Compliance Officer and Vice President<br>**Phone:** (812) 333-4726

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

Michael Carson  Bloomington, IN  11-05-2025<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:** 119

**Form 13F Information Table Value Total:** $386117657

      (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 |
| VANGUARD LARGE-CAP ETF | ETF | 922908637 |  | 53194353 | 172787 | SH |  | SOLE |  | 0 | 0 | 172787 |
| DIMENSIONAL U.S. EQUITY MARKET ETF | ETF | 25434V401 |  | 42721371 | 589748 | SH |  | SOLE |  | 0 | 0 | 589748 |
| DIMENSIONAL U.S. SMALL CAP ETF | ETF | 25434V500 |  | 27545274 | 402356 | SH |  | SOLE |  | 0 | 0 | 402356 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | ETF | 921943858 |  | 26666801 | 445040 | SH |  | SOLE |  | 0 | 0 | 445040 |
| VANGUARD SMALL-CAP ETF | ETF | 922908751 |  | 22005569 | 86541 | SH |  | SOLE |  | 0 | 0 | 86541 |
| DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF | ETF | 25434V799 |  | 19722417 | 601477 | SH |  | SOLE |  | 0 | 0 | 601477 |
| VANGUARD GROWTH ETF | ETF | 922908736 |  | 13011819 | 27130 | SH |  | SOLE |  | 0 | 0 | 27130 |
| VANGUARD REAL ESTATE ETF | ETF | 922908553 |  | 12659867 | 138480 | SH |  | SOLE |  | 0 | 0 | 138480 |
| VANGUARD FTSE EMERGING MARKETS ETF | ETF | 922042858 |  | 11911845 | 219857 | SH |  | SOLE |  | 0 | 0 | 219857 |
| VANGUARD EMERGING MARKETS GOVERNMENT BOND ETF | ETF | 921946885 |  | 10435252 | 155983 | SH |  | SOLE |  | 0 | 0 | 155983 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND ETF | ETF | 92206C870 |  | 9813955 | 116680 | SH |  | SOLE |  | 0 | 0 | 116680 |
| DIMENSIONAL WORLD EX U.S. CORE EQUITY 2 ETF | ETF | 25434V880 |  | 9238223 | 294398 | SH |  | SOLE |  | 0 | 0 | 294398 |
| VANGUARD SHORT-TERM CORPORATE BOND ETF | ETF | 92206C409 |  | 8900063 | 111348 | SH |  | SOLE |  | 0 | 0 | 111348 |
| DIMENSIONAL EMERGING MARKETS CORE EQUITY 2 ETF | ETF | 25434V732 |  | 7948902 | 247861 | SH |  | SOLE |  | 0 | 0 | 247861 |
| VANGUARD TAX-EXEMPT BOND ETF | ETF | 922907746 |  | 7580866 | 151405 | SH |  | SOLE |  | 0 | 0 | 151405 |
| VANGUARD INTERMEDIATE-TERM BOND ETF | ETF | 921937819 |  | 7272047 | 93124 | SH |  | SOLE |  | 0 | 0 | 93124 |
| DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETF | ETF | 25434V203 |  | 7161139 | 197005 | SH |  | SOLE |  | 0 | 0 | 197005 |
| VANGUARD TOTAL STOCK MARKET ETF | ETF | 922908769 |  | 6220362 | 18955 | SH |  | SOLE |  | 0 | 0 | 18955 |
| VANGUARD DIVIDEND APPRECIATION ETF | ETF | 921908844 |  | 6015767 | 27878 | SH |  | SOLE |  | 0 | 0 | 27878 |
| APPLE INC COM | Stock | 037833100 |  | 4865030 | 19106 | SH |  | SOLE |  | 0 | 0 | 19106 |
| SPDR PORTFOLIO HIGH YIELD BOND ETF | ETF | 78468R606 |  | 4487146 | 187433 | SH |  | SOLE |  | 0 | 0 | 187433 |
| VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF | ETF | 922020805 |  | 3694390 | 72968 | SH |  | SOLE |  | 0 | 0 | 72968 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | Stock | 084670702 |  | 3687598 | 7335 | SH |  | SOLE |  | 0 | 0 | 7335 |
| SCHWAB U.S. LARGE-CAP ETF | ETF | 808524201 |  | 3532388 | 134107 | SH |  | SOLE |  | 0 | 0 | 134107 |
| ELI LILLY  CO COM | Stock | 532457108 |  | 2559102 | 3354 | SH |  | SOLE |  | 0 | 0 | 3354 |
| VANGUARD VALUE ETF | ETF | 922908744 |  | 2556778 | 13710 | SH |  | SOLE |  | 0 | 0 | 13710 |
| MICROSOFT CORP COM | Stock | 594918104 |  | 2077039 | 4010 | SH |  | SOLE |  | 0 | 0 | 4010 |
| DIMENSIONAL US REAL ESTATE ETF | ETF | 25434V823 |  | 1858042 | 77905 | SH |  | SOLE |  | 0 | 0 | 77905 |
| VANGUARD MID-CAP ETF | ETF | 922908629 |  | 1822069 | 6203 | SH |  | SOLE |  | 0 | 0 | 6203 |
| WALMART INC COM | Stock | 931142103 |  | 1687195 | 16371 | SH |  | SOLE |  | 0 | 0 | 16371 |
| JPMORGAN CHASE  CO. COM | Stock | 46625H100 |  | 1637082 | 5190 | SH |  | SOLE |  | 0 | 0 | 5190 |
| SPDR NUVEEN ICE SHORT TERM MUNICIPAL BOND ETF | ETF | 78468R739 |  | 1617877 | 33552 | SH |  | SOLE |  | 0 | 0 | 33552 |
| CINCINNATI FINL CORP COM | Stock | 172062101 |  | 1574015 | 9956 | SH |  | SOLE |  | 0 | 0 | 9956 |
| BERKSHIRE HATHAWAY INC DEL CL A | Stock | 084670108 |  | 1508400 | 2 | SH |  | SOLE |  | 0 | 0 | 2 |
| JOHNSON  JOHNSON COM | Stock | 478160104 |  | 1458514 | 7866 | SH |  | SOLE |  | 0 | 0 | 7866 |
| ISHARES NATIONAL MUNI BOND ETF | ETF | 464288414 |  | 1255304 | 11788 | SH |  | SOLE |  | 0 | 0 | 11788 |
| SPDR S 500 ETF TRUST | ETF | 78462F103 |  | 1023036 | 1536 | SH |  | SOLE |  | 0 | 0 | 1536 |
| AMAZON COM INC COM | Stock | 023135106 |  | 1004795 | 4576 | SH |  | SOLE |  | 0 | 0 | 4576 |
| SCHWAB U.S. SMALL-CAP ETF | ETF | 808524607 |  | 987321 | 35388 | SH |  | SOLE |  | 0 | 0 | 35388 |
| ABBVIE INC COM | Stock | 00287Y109 |  | 961222 | 4151 | SH |  | SOLE |  | 0 | 0 | 4151 |
| JOHNSON CTLS INTL PLC SHS | Stock | G51502105 |  | 893014 | 8122 | SH |  | SOLE |  | 0 | 0 | 8122 |
| MCDONALDS CORP COM | Stock | 580135101 |  | 832051 | 2738 | SH |  | SOLE |  | 0 | 0 | 2738 |
| ISHARES RUSSELL 1000 ETF | ETF | 464287622 |  | 733518 | 2007 | SH |  | SOLE |  | 0 | 0 | 2007 |
| NVIDIA CORPORATION COM | Stock | 67066G104 |  | 710310 | 3807 | SH |  | SOLE |  | 0 | 0 | 3807 |
| AFLAC INC COM | Stock | 001055102 |  | 665174 | 5955 | SH |  | SOLE |  | 0 | 0 | 5955 |
| GE AEROSPACE COM NEW | Stock | 369604301 |  | 663910 | 2207 | SH |  | SOLE |  | 0 | 0 | 2207 |
| LINDE PLC SHS | Stock | G54950103 |  | 654550 | 1378 | SH |  | SOLE |  | 0 | 0 | 1378 |
| ANALOG DEVICES INC COM | Stock | 032654105 |  | 610810 | 2486 | SH |  | SOLE |  | 0 | 0 | 2486 |
| NORFOLK SOUTHN CORP COM | Stock | 655844108 |  | 609231 | 2028 | SH |  | SOLE |  | 0 | 0 | 2028 |
| META PLATFORMS INC CL A | Stock | 30303M102 |  | 599254 | 816 | SH |  | SOLE |  | 0 | 0 | 816 |
| L3HARRIS TECHNOLOGIES INC COM | Stock | 502431109 |  | 559206 | 1831 | SH |  | SOLE |  | 0 | 0 | 1831 |
| AUTOMATIC DATA PROCESSING INC COM | Stock | 053015103 |  | 551780 | 1880 | SH |  | SOLE |  | 0 | 0 | 1880 |
| NEXTERA ENERGY INC COM | Stock | 65339F101 |  | 532884 | 7059 | SH |  | SOLE |  | 0 | 0 | 7059 |
| TJX COS INC NEW COM | Stock | 872540109 |  | 519621 | 3595 | SH |  | SOLE |  | 0 | 0 | 3595 |
| VANGUARD HIGH DIVIDEND YIELD INDEX ETF | ETF | 921946406 |  | 518273 | 3677 | SH |  | SOLE |  | 0 | 0 | 3677 |
| GRAINGER W W INC COM | Stock | 384802104 |  | 508881 | 534 | SH |  | SOLE |  | 0 | 0 | 534 |
| VANGUARD S 500 ETF | ETF | 922908363 |  | 501147 | 818 | SH |  | SOLE |  | 0 | 0 | 818 |
| PROCTER AND GAMBLE CO COM | Stock | 742718109 |  | 488914 | 3182 | SH |  | SOLE |  | 0 | 0 | 3182 |
| INVESCO QQQ TRUST SERIES I | ETF | 46090E103 |  | 487647 | 812 | SH |  | SOLE |  | 0 | 0 | 812 |
| PAYCHEX INC COM | Stock | 704326107 |  | 479533 | 3783 | SH |  | SOLE |  | 0 | 0 | 3783 |
| BLACKROCK INC COM | Stock | 09290D101 |  | 465182 | 399 | SH |  | SOLE |  | 0 | 0 | 399 |
| ILLINOIS TOOL WKS INC COM | Stock | 452308109 |  | 462989 | 1776 | SH |  | SOLE |  | 0 | 0 | 1776 |
| LOWES COS INC COM | Stock | 548661107 |  | 450348 | 1792 | SH |  | SOLE |  | 0 | 0 | 1792 |
| EMERSON ELEC CO COM | Stock | 291011104 |  | 435124 | 3317 | SH |  | SOLE |  | 0 | 0 | 3317 |
| GENERAL DYNAMICS CORP COM | Stock | 369550108 |  | 420453 | 1233 | SH |  | SOLE |  | 0 | 0 | 1233 |
| STRYKER CORPORATION COM | Stock | 863667101 |  | 416248 | 1126 | SH |  | SOLE |  | 0 | 0 | 1126 |
| ELEVANCE HEALTH INC FORMERLY A COM | Stock | 036752103 |  | 414886 | 1284 | SH |  | SOLE |  | 0 | 0 | 1284 |
| MORGAN STANLEY COM NEW | Stock | 617446448 |  | 412183 | 2593 | SH |  | SOLE |  | 0 | 0 | 2593 |
| CONSOLIDATED EDISON INC COM | Stock | 209115104 |  | 403085 | 4010 | SH |  | SOLE |  | 0 | 0 | 4010 |
| ALPHABET INC CAP STK CL C | Stock | 02079K107 |  | 401370 | 1648 | SH |  | SOLE |  | 0 | 0 | 1648 |
| RTX CORPORATION COM | Stock | 75513E101 |  | 388708 | 2323 | SH |  | SOLE |  | 0 | 0 | 2323 |
| SYSCO CORP COM | Stock | 871829107 |  | 384198 | 4666 | SH |  | SOLE |  | 0 | 0 | 4666 |
| TECHNOLOGY SELECT SECTOR SPDR FUND | ETF | 81369Y803 |  | 376847 | 1337 | SH |  | SOLE |  | 0 | 0 | 1337 |
| SCHWAB INTERNATIONAL EQUITY ETF | ETF | 808524805 |  | 367293 | 15777 | SH |  | SOLE |  | 0 | 0 | 15777 |
| CHEVRON CORP NEW COM | Stock | 166764100 |  | 362913 | 2337 | SH |  | SOLE |  | 0 | 0 | 2337 |
| CATERPILLAR INC COM | Stock | 149123101 |  | 356431 | 747 | SH |  | SOLE |  | 0 | 0 | 747 |
| PEPSICO INC COM | Stock | 713448108 |  | 354892 | 2527 | SH |  | SOLE |  | 0 | 0 | 2527 |
| EXXON MOBIL CORP COM | Stock | 30231G102 |  | 353843 | 3138 | SH |  | SOLE |  | 0 | 0 | 3138 |
| VANGUARD SHORT-TERM TREASURY ETF | ETF | 92206C102 |  | 351746 | 5977 | SH |  | SOLE |  | 0 | 0 | 5977 |
| AIR PRODS  CHEMS INC COM | Stock | 009158106 |  | 350991 | 1287 | SH |  | SOLE |  | 0 | 0 | 1287 |
| DIMENSIONAL CALIFORNIA MUNICIPAL BOND ETF | ETF | 25434V633 |  | 347081 | 6966 | SH |  | SOLE |  | 0 | 0 | 6966 |
| VISA INC COM CL A | Stock | 92826C839 |  | 327383 | 959 | SH |  | SOLE |  | 0 | 0 | 959 |
| WEC ENERGY GROUP INC COM | Stock | 92939U106 |  | 319935 | 2792 | SH |  | SOLE |  | 0 | 0 | 2792 |
| GE VERNOVA INC COM | Stock | 36828A101 |  | 319748 | 520 | SH |  | SOLE |  | 0 | 0 | 520 |
| VANGUARD SMALL-CAP GROWTH ETF | ETF | 922908595 |  | 319049 | 1072 | SH |  | SOLE |  | 0 | 0 | 1072 |
| VANGUARD TOTAL WORLD STOCK ETF | ETF | 922042742 |  | 318213 | 2309 | SH |  | SOLE |  | 0 | 0 | 2309 |
| ABBOTT LABS COM | Stock | 002824100 |  | 313687 | 2342 | SH |  | SOLE |  | 0 | 0 | 2342 |
| CONSUMER DISCRETIONARY SELECT SECTOR SPDR FUND | ETF | 81369Y407 |  | 310334 | 1295 | SH |  | SOLE |  | 0 | 0 | 1295 |
| VANGUARD SHORT-TERM TAX EXEMPT BOND ETF | ETF | 921935870 |  | 306692 | 3009 | SH |  | SOLE |  | 0 | 0 | 3009 |
| CISCO SYS INC COM | Stock | 17275R102 |  | 301459 | 4406 | SH |  | SOLE |  | 0 | 0 | 4406 |
| VANGUARD CALIFORNIA TAX-EXEMPT BOND ETF | ETF | 922021605 |  | 300407 | 3011 | SH |  | SOLE |  | 0 | 0 | 3011 |
| OLD NATL BANCORP IND COM | Stock | 680033107 |  | 296720 | 13518 | SH |  | SOLE |  | 0 | 0 | 13518 |
| VANGUARD TOTAL INTERNATIONAL STOCK ETF | ETF | 921909768 |  | 289947 | 3947 | SH |  | SOLE |  | 0 | 0 | 3947 |
| ISHARES SHORT-TERM NATIONAL MUNI BOND ETF | ETF | 464288158 |  | 283394 | 2654 | SH |  | SOLE |  | 0 | 0 | 2654 |
| ISHARES ESG AWARE MSCI USA SMALL-CAP ETF | ETF | 46435U663 |  | 278955 | 6188 | SH |  | SOLE |  | 0 | 0 | 6188 |
| VANGUARD FTSE ALL-WORLD EX-US INDEX FUND | ETF | 922042775 |  | 273062 | 3826 | SH |  | SOLE |  | 0 | 0 | 3826 |
| FACTSET RESH SYS INC COM | Stock | 303075105 |  | 272166 | 950 | SH |  | SOLE |  | 0 | 0 | 950 |
| INTERNATIONAL BUSINESS MACHS COM | Stock | 459200101 |  | 269181 | 954 | SH |  | SOLE |  | 0 | 0 | 954 |
| SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST | ETF | 78467X109 |  | 262477 | 566 | SH |  | SOLE |  | 0 | 0 | 566 |
| FIDELITY QUALITY FACTOR ETF | ETF | 316092790 |  | 260623 | 3488 | SH |  | SOLE |  | 0 | 0 | 3488 |
| ISHARES MSCI INTL QUALITY FACTOR ETF | ETF | 46434V456 |  | 255286 | 5777 | SH |  | SOLE |  | 0 | 0 | 5777 |
| COLGATE PALMOLIVE CO COM | Stock | 194162103 |  | 254529 | 3184 | SH |  | SOLE |  | 0 | 0 | 3184 |
| NOVARTIS AG SPONSORED ADR | ADR | 66987V109 |  | 251735 | 1963 | SH |  | SOLE |  | 0 | 0 | 1963 |
| ALPHABET INC CAP STK CL A | Stock | 02079K305 |  | 250393 | 1030 | SH |  | SOLE |  | 0 | 0 | 1030 |
| AVANTIS U.S. SMALL CAP VALUE ETF | ETF | 025072877 |  | 243450 | 2446 | SH |  | SOLE |  | 0 | 0 | 2446 |
| VANGUARD INFORMATION TECHNOLOGY ETF | ETF | 92204A702 |  | 237149 | 318 | SH |  | SOLE |  | 0 | 0 | 318 |
| ISHARES CORE S 500 ETF | ETF | 464287200 |  | 235594 | 352 | SH |  | SOLE |  | 0 | 0 | 352 |
| SHERWIN WILLIAMS CO COM | Stock | 824348106 |  | 233033 | 673 | SH |  | SOLE |  | 0 | 0 | 673 |
| EVERSOURCE ENERGY COM | Stock | 30040W108 |  | 229640 | 3228 | SH |  | SOLE |  | 0 | 0 | 3228 |
| 3M CO COM | Stock | 88579Y101 |  | 221683 | 1429 | SH |  | SOLE |  | 0 | 0 | 1429 |
| MEDTRONIC PLC SHS | Stock | G5960L103 |  | 221147 | 2322 | SH |  | SOLE |  | 0 | 0 | 2322 |
| DISNEY WALT CO COM | Stock | 254687106 |  | 220069 | 1922 | SH |  | SOLE |  | 0 | 0 | 1922 |
| ISHARES MSCI EAFE GROWTH ETF | ETF | 464288885 |  | 219788 | 1930 | SH |  | SOLE |  | 0 | 0 | 1930 |
| VANGUARD S 500 GROWTH ETF | ETF | 921932505 |  | 219036 | 503 | SH |  | SOLE |  | 0 | 0 | 503 |
| TARGET CORP COM | Stock | 87612E106 |  | 217343 | 2423 | SH |  | SOLE |  | 0 | 0 | 2423 |
| BP PLC SPONSORED ADR | ADR | 055622104 |  | 215857 | 6264 | SH |  | SOLE |  | 0 | 0 | 6264 |
| CLOROX CO DEL COM | Stock | 189054109 |  | 208994 | 1695 | SH |  | SOLE |  | 0 | 0 | 1695 |
| BECTON DICKINSON  CO COM | Stock | 075887109 |  | 204764 | 1094 | SH |  | SOLE |  | 0 | 0 | 1094 |
| TUHURA BIOSCIENCES INC COM | Stock | 898920103 |  | 77981 | 31444 | SH |  | SOLE |  | 0 | 0 | 31444 |

---