# EDGAR Filing Document

**Accession Number:** 0001540305
**File Stem:** 0001145549-25-043654
**Filing Date:** 2025-6
**Character Count:** 6059
**Document Hash:** 6039a654918886c000930c7d68b3a8bf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-043654.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001145549-25-043654

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETF Series Solutions
- **CENTRAL INDEX KEY:** 0001540305

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1112

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22668
- **FILM NUMBER:** 251084674

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN ST
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-287-3700

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN ST
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### McElhenny Sheffield Managed Risk ETF (Series ID: S000074297)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000231961 | McElhenny Sheffield Managed Risk ETF | MSMR            |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ETF Series Solutions

- **b. Investment Company Act file number:** 811-22668

- **c. CIK number of Registrant:** 0001540305

- **d. LEI of Registrant:** 5493008BB0X0GYS3UI50

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 615 E Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1645

**Item A.2. Information about the Series.**

- **a. Name of Series:** McElhenny Sheffield Managed Risk ETF

- **b. EDGAR series identifier (if any):** S000074297

- **c. LEI of Series:** 549300MSLLUB3E7OQ845

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $113320105.42

**Total Liabilities:** $72936.34

**Net Assets:** $113247169.08

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000231961 | -2.03%               | -1.42%               | -1.40%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-809540.22              | $-1226649.09                               |
| Month 2  | $-1435497.18             | $-315859.68                                |
| Month 3  | $-2026906.63             | $493781.24                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Vanguard Total Stock Market ET | Vanguard Total Stock Market ETF               | CUSIP: 922908769<br>LEI: N/A                  | Long             | EC               | RF                | US        |     20839 | NS      | $5685295.98   | 5.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco QQQ Trust Series 1     | Invesco QQQ Trust Series 1                    | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             | EC               | RF                | US        |     47906 | NS      | $22777865.82  | 20.11%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares U.S. Treasury Bond ETF | iShares U.S. Treasury Bond ETF                | CUSIP: 46429B267<br>LEI: 549300YMK9GAMCTG8G20 | Long             | EC               | RF                | US        |    984043 | NS      | $22711712.44  | 20.05%            |  |  |  | No            |                  1 | On Loan: No      |
| FT Vest Gold Strategy Target I | FT Vest Gold Strategy Target Income ETF       | CUSIP: 33733E856<br>LEI: 549300HKD3KY76XPNM71 | Long             | EC               | RF                | US        |   1399684 | NS      | $30387139.64  | 26.83%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares 1-3 Year Treasury Bond | iShares 1-3 Year Treasury Bond ETF            | CUSIP: 464287457<br>LEI: 549300W0WX9TL4G6HM56 | Long             | EC               | RF                | US        |    201011 | NS      | $16708034.32  | 14.75%            |  |  |  | No            |                  1 | On Loan: No      |
| WisdomTree Bloomberg U.S. Doll | WisdomTree Bloomberg U.S. Dollar Bullish Fund | CUSIP: 97717W471<br>LEI: 549300INNPS8UK4A8998 | Long             | EC               | RF                | US        |    501089 | NS      | $13153586.25  | 11.61%            |  |  |  | No            |                  1 | On Loan: No      |
| First American Treasury Obliga | First American Treasury Obligations Fund      | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |   1886891 | NS      | $1886890.71   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-26

**Name of Applicant:** ETF Series Solutions

**Signature:** /s/ Kristen Weitzel

**Name of Signer:** ETF Series Solutions

**Title:** Treasurer