# EDGAR Filing Document

**Accession Number:** 0001664847
**File Stem:** 0001140361-25-038592
**Filing Date:** 2025-10
**Character Count:** 17059
**Document Hash:** df1965b8a9c79e7e82b6dc75fbcc2f54
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-25-038592.hdr.sgml**: 20251020

**ACCESSION NUMBER**: 0001140361-25-038592

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251020

**DATE AS OF CHANGE**: 20251020

**EFFECTIVENESS DATE**: 20251020

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Armbruster Capital Management, Inc.
- **CENTRAL INDEX KEY:** 0001664847

**ORGANIZATION NAME:**
- **EIN:** 270774014
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17077
- **FILM NUMBER:** 251402637

**BUSINESS ADDRESS:**
- **STREET 1:** 1250 PITTSFORD VICTOR ROAD
- **STREET 2:** BUILDING 100 SUITE 180
- **CITY:** PITTSFORD
- **STATE:** NY
- **ZIP:** 14534
- **BUSINESS PHONE:** 585-381-4180

**MAIL ADDRESS:**
- **STREET 1:** 1250 PITTSFORD VICTOR ROAD
- **STREET 2:** BUILDING 100 SUITE 180
- **CITY:** PITTSFORD
- **STATE:** NY
- **ZIP:** 14534

### 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:** Armbruster Capital Management Inc.<br>**Address:** 1250 PITTSFORD VICTOR ROAD<br>PITTSFORD, NY 14534

**Form 13F File Number:** 028-17077

**CRD Number (if applicable):** 000151590

**SEC File Number (if applicable):** 801-71184

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:** Tarryn Rozen<br>**Title:** CCO<br>**Phone:** 585-381-4180

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

/s/ Tarryn Rozen  Pittsford, NY  10-17-2025<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:** 131

**Form 13F Information Table Value Total:** $587583889

      (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 |  | 232770 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |
| ABBVIE INC | COM | 00287Y109 |  | 498274 | 2152 | SH |  | SOLE |  | 0 | 0 | 2152 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 684083 | 2814 | SH |  | SOLE |  | 0 | 0 | 2814 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 272776 | 1120 | SH |  | SOLE |  | 0 | 0 | 1120 |
| AMAZON COM INC | COM | 023135106 |  | 313326 | 1427 | SH |  | SOLE |  | 0 | 0 | 1427 |
| AMGEN INC | COM | 031162100 |  | 638054 | 2261 | SH |  | SOLE |  | 0 | 0 | 2261 |
| APPLE INC | COM | 037833100 |  | 2150629 | 8446 | SH |  | SOLE |  | 0 | 0 | 8446 |
| AMERICAN CENTY ETF TR | AVANTIS EMGMKT | 025072604 |  | 3873348 | 51569 | SH |  | SOLE |  | 0 | 0 | 51569 |
| AMERICAN CENTY ETF TR | EMERGING MKT VAL | 025072372 |  | 19866624 | 346289 | SH |  | SOLE |  | 0 | 0 | 346289 |
| AMERICAN CENTY ETF TR | INTL EQT ETF | 025072703 |  | 3899790 | 49427 | SH |  | SOLE |  | 0 | 0 | 49427 |
| AMERICAN CENTY ETF TR | AVANTIS US LARG | 025072158 |  | 1606710 | 21000 | SH |  | SOLE |  | 0 | 0 | 21000 |
| AMERICAN CENTY ETF TR | US LARGE CAP VLU | 025072349 |  | 3245630 | 44916 | SH |  | SOLE |  | 0 | 0 | 44916 |
| AMERICAN CENTY ETF TR | AVANTIS US SMALL | 025072323 |  | 293406 | 5125 | SH |  | SOLE |  | 0 | 0 | 5125 |
| AMERICAN CENTY ETF TR | US SML CP VALU | 025072877 |  | 2003340 | 20128 | SH |  | SOLE |  | 0 | 0 | 20128 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2392540 | 4759 | SH |  | SOLE |  | 0 | 0 | 4759 |
| BROADCOM INC | COM | 11135F101 |  | 1057691 | 3206 | SH |  | SOLE |  | 0 | 0 | 3206 |
| BROADSTONE NET LEASE INC | COM | 11135E203 |  | 1260800 | 70554 | SH |  | SOLE |  | 0 | 0 | 70554 |
| CHEVRON CORP NEW | COM | 166764100 |  | 266012 | 1713 | SH |  | SOLE |  | 0 | 0 | 1713 |
| CISCO SYS INC | COM | 17275R102 |  | 353731 | 5170 | SH |  | SOLE |  | 0 | 0 | 5170 |
| COCA COLA CO | COM | 191216100 |  | 396925 | 5985 | SH |  | SOLE |  | 0 | 0 | 5985 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 299904 | 324 | SH |  | SOLE |  | 0 | 0 | 324 |
| DIMENSIONAL ETF TRUST | INTERNATNAL VAL | 25434V807 |  | 4603698 | 99820 | SH |  | SOLE |  | 0 | 0 | 99820 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1237093 | 10972 | SH |  | SOLE |  | 0 | 0 | 10972 |
| GE AEROSPACE | COM NEW | 369604301 |  | 625192 | 2078 | SH |  | SOLE |  | 0 | 0 | 2078 |
| GE VERNOVA INC | COM | 36828A101 |  | 318518 | 518 | SH |  | SOLE |  | 0 | 0 | 518 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 242090 | 304 | SH |  | SOLE |  | 0 | 0 | 304 |
| HOME DEPOT INC | COM | 437076102 |  | 606975 | 1498 | SH |  | SOLE |  | 0 | 0 | 1498 |
| IHS HOLDING LIMITED | ORD SHS | G4701H109 |  | 1025367 | 150347 | SH |  | SOLE |  | 0 | 0 | 150347 |
| INTEL CORP | COM | 458140100 |  | 755714 | 22525 | SH |  | SOLE |  | 0 | 0 | 22525 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 428319 | 1518 | SH |  | SOLE |  | 0 | 0 | 1518 |
| INVESCO EXCHANGE TRADED FD T | LARGE CAP GROWTH | 46137V746 |  | 798925 | 6370 | SH |  | SOLE |  | 0 | 0 | 6370 |
| INVESCO EXCHANGE TRADED FD T | LARGE CAP VALUE | 46137V738 |  | 659730 | 10117 | SH |  | SOLE |  | 0 | 0 | 10117 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1530343 | 2549 | SH |  | SOLE |  | 0 | 0 | 2549 |
| INVESCO EXCH TRADED FD TR II | S 500 ENHNCD | 46138E396 |  | 9271150 | 169003 | SH |  | SOLE |  | 0 | 0 | 169003 |
| INVESCO EXCH TRADED FD TR II | S HDL VOL | 46138E362 |  | 205316 | 4152 | SH |  | SOLE |  | 0 | 0 | 4152 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 35446327 | 482394 | SH |  | SOLE |  | 0 | 0 | 482394 |
| INVESCO EXCHANGE TRADED FD T | S PUR VAL | 46137V258 |  | 35043599 | 352622 | SH |  | SOLE |  | 0 | 0 | 352622 |
| INVESCO EXCHANGE TRADED FD T | S QUALITY | 46137V241 |  | 293160 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| INVESCO EXCHANGE TRADED FD T | S SML600 VAL | 46137V167 |  | 8102600 | 68643 | SH |  | SOLE |  | 0 | 0 | 68643 |
| INVESCO EXCH TRADED FD TR II | S INTL LOW | 46138E230 |  | 3551000 | 106000 | SH |  | SOLE |  | 0 | 0 | 106000 |
| INVESCO EXCHANGE TRADED FD T | S MDCP MOMNTUM | 46137V464 |  | 941066 | 6959 | SH |  | SOLE |  | 0 | 0 | 6959 |
| INVESCO EXCHANGE TRADED FD T | S MDCP VLU MNT | 46137V456 |  | 539192 | 8749 | SH |  | SOLE |  | 0 | 0 | 8749 |
| INVESCO EXCH TRADED FD TR II | S SMLCP LOW | 46138G102 |  | 11002098 | 237575 | SH |  | SOLE |  | 0 | 0 | 237575 |
| INVESCO EXCHANGE TRADED FD T | S SMLCP MOMENT | 46137V498 |  | 14443998 | 196330 | SH |  | SOLE |  | 0 | 0 | 196330 |
| INVESCO EXCHANGE TRADED FD T | S SMCP VLU MNT | 46137V480 |  | 513447 | 9094 | SH |  | SOLE |  | 0 | 0 | 9094 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 990470 | 15238 | SH |  | SOLE |  | 0 | 0 | 15238 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 6214608 | 94275 | SH |  | SOLE |  | 0 | 0 | 94275 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 13660475 | 156459 | SH |  | SOLE |  | 0 | 0 | 156459 |
| ISHARES TR | CORE S ETF | 464287200 |  | 6390476 | 9548 | SH |  | SOLE |  | 0 | 0 | 9548 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 477166 | 2900 | SH |  | SOLE |  | 0 | 0 | 2900 |
| ISHARES INC | MSCI GBL MIN VOL | 464286525 |  | 618787 | 5160 | SH |  | SOLE |  | 0 | 0 | 5160 |
| ISHARES INC | MSCI EMERG MRKT | 464286533 |  | 824684 | 12920 | SH |  | SOLE |  | 0 | 0 | 12920 |
| ISHARES INC | EMNG MKTS EQT | 46434G889 |  | 7520481 | 132918 | SH |  | SOLE |  | 0 | 0 | 132918 |
| ISHARES TR | ESG AW MSCI EAFE | 46435G516 |  | 1130451 | 12158 | SH |  | SOLE |  | 0 | 0 | 12158 |
| ISHARES INC | ESG AWR MSCI EM | 46434G863 |  | 208416 | 4800 | SH |  | SOLE |  | 0 | 0 | 4800 |
| ISHARES TR | ESG SELECT SCRE | 46436E551 |  | 358474 | 8175 | SH |  | SOLE |  | 0 | 0 | 8175 |
| ISHARES TR | ESG SELECT SCREE | 46436E544 |  | 313284 | 7361 | SH |  | SOLE |  | 0 | 0 | 7361 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 873240 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| ISHARES TR | INTL EQTY FACTOR | 46434V274 |  | 1176950 | 32775 | SH |  | SOLE |  | 0 | 0 | 32775 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 670583 | 7182 | SH |  | SOLE |  | 0 | 0 | 7182 |
| ISHARES TR | MSCI INTL MOMENT | 46434V449 |  | 21745037 | 454157 | SH |  | SOLE |  | 0 | 0 | 454157 |
| ISHARES TR | MSCI INTL QUALTY | 46434V456 |  | 20570180 | 465494 | SH |  | SOLE |  | 0 | 0 | 465494 |
| ISHARES TR | MSCI INTL VLU FT | 46435G409 |  | 24883933 | 701351 | SH |  | SOLE |  | 0 | 0 | 701351 |
| ISHARES TR | MSCI USA SMCP MN | 46435G433 |  | 2010435 | 46700 | SH |  | SOLE |  | 0 | 0 | 46700 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 15827681 | 166362 | SH |  | SOLE |  | 0 | 0 | 166362 |
| ISHARES TR | MSCI EAFE MIN VL | 46429B689 |  | 18402851 | 216938 | SH |  | SOLE |  | 0 | 0 | 216938 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 54138139 | 211106 | SH |  | SOLE |  | 0 | 0 | 211106 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 31708980 | 163028 | SH |  | SOLE |  | 0 | 0 | 163028 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 685881 | 1810 | SH |  | SOLE |  | 0 | 0 | 1810 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 5557150 | 85154 | SH |  | SOLE |  | 0 | 0 | 85154 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 2733090 | 23000 | SH |  | SOLE |  | 0 | 0 | 23000 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 215458 | 1162 | SH |  | SOLE |  | 0 | 0 | 1162 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 2228198 | 7064 | SH |  | SOLE |  | 0 | 0 | 7064 |
| MERCK  CO INC | COM | 58933Y105 |  | 360228 | 4292 | SH |  | SOLE |  | 0 | 0 | 4292 |
| META PLATFORMS INC | CL A | 30303M102 |  | 442831 | 603 | SH |  | SOLE |  | 0 | 0 | 603 |
| MICROSOFT CORP | COM | 594918104 |  | 1706760 | 3295 | SH |  | SOLE |  | 0 | 0 | 3295 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 230514 | 3690 | SH |  | SOLE |  | 0 | 0 | 3690 |
| NATIONAL FUEL GAS CO | COM | 636180101 |  | 409384 | 4432 | SH |  | SOLE |  | 0 | 0 | 4432 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 373449 | 4947 | SH |  | SOLE |  | 0 | 0 | 4947 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 454882 | 2438 | SH |  | SOLE |  | 0 | 0 | 2438 |
| ORACLE CORP | COM | 68389X105 |  | 1240268 | 4410 | SH |  | SOLE |  | 0 | 0 | 4410 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 878696 | 1159 | SH |  | SOLE |  | 0 | 0 | 1159 |
| PAYCHEX INC | COM | 704326107 |  | 2481200 | 19574 | SH |  | SOLE |  | 0 | 0 | 19574 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 908158 | 5599 | SH |  | SOLE |  | 0 | 0 | 5599 |
| RTX CORPORATION | COM | 75513E101 |  | 208828 | 1248 | SH |  | SOLE |  | 0 | 0 | 1248 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 1177460 | 35285 | SH |  | SOLE |  | 0 | 0 | 35285 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 6063233 | 260448 | SH |  | SOLE |  | 0 | 0 | 260448 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 534271 | 20781 | SH |  | SOLE |  | 0 | 0 | 20781 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 3553134 | 134895 | SH |  | SOLE |  | 0 | 0 | 134895 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 351086 | 11845 | SH |  | SOLE |  | 0 | 0 | 11845 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 611847 | 21930 | SH |  | SOLE |  | 0 | 0 | 21930 |
| SERVICENOW INC | COM | 81762P102 |  | 300011 | 326 | SH |  | SOLE |  | 0 | 0 | 326 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 249680 | 5835 | SH |  | SOLE |  | 0 | 0 | 5835 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 2350234 | 5068 | SH |  | SOLE |  | 0 | 0 | 5068 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A847 |  | 1201848 | 21015 | SH |  | SOLE |  | 0 | 0 | 21015 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 |  | 1529023 | 33010 | SH |  | SOLE |  | 0 | 0 | 33010 |
| SPDR SERIES TRUST | PORTFOLI S | 78464A805 |  | 1211910 | 15027 | SH |  | SOLE |  | 0 | 0 | 15027 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 6974905 | 10470 | SH |  | SOLE |  | 0 | 0 | 10470 |
| SPDR SERIES TRUST | S 500 ESG ETF | 78468R531 |  | 2022416 | 31804 | SH |  | SOLE |  | 0 | 0 | 31804 |
| SPDR SERIES TRUST | S 600 SMCP VAL | 78464A300 |  | 288644 | 3256 | SH |  | SOLE |  | 0 | 0 | 3256 |
| SPDR SERIES TRUST | AEROSPACE DEF | 78464A631 |  | 507514 | 2160 | SH |  | SOLE |  | 0 | 0 | 2160 |
| STRYKER CORPORATION | COM | 863667101 |  | 221802 | 600 | SH |  | SOLE |  | 0 | 0 | 600 |
| TESLA INC | COM | 88160R101 |  | 288623 | 649 | SH |  | SOLE |  | 0 | 0 | 649 |
| ALLSTATE CORP | COM | 020002101 |  | 249209 | 1161 | SH |  | SOLE |  | 0 | 0 | 1161 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 419925 | 2733 | SH |  | SOLE |  | 0 | 0 | 2733 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 413434 | 1194 | SH |  | SOLE |  | 0 | 0 | 1194 |
| TJX COS INC NEW | COM | 872540109 |  | 324059 | 2242 | SH |  | SOLE |  | 0 | 0 | 2242 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 449129 | 926 | SH |  | SOLE |  | 0 | 0 | 926 |
| UNION PAC CORP | COM | 907818108 |  | 553342 | 2341 | SH |  | SOLE |  | 0 | 0 | 2341 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 405728 | 1175 | SH |  | SOLE |  | 0 | 0 | 1175 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 5600215 | 9145 | SH |  | SOLE |  | 0 | 0 | 9145 |
| VANGUARD WORLD FD | CONSUM STP ETF | 92204A207 |  | 369325 | 1728 | SH |  | SOLE |  | 0 | 0 | 1728 |
| VANGUARD WORLD FD | ESG US STK ETF | 921910733 |  | 2523956 | 21310 | SH |  | SOLE |  | 0 | 0 | 21310 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 529994 | 7426 | SH |  | SOLE |  | 0 | 0 | 7426 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 3752550 | 62626 | SH |  | SOLE |  | 0 | 0 | 62626 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 1943166 | 35865 | SH |  | SOLE |  | 0 | 0 | 35865 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 |  | 420380 | 2949 | SH |  | SOLE |  | 0 | 0 | 2949 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 305157 | 2165 | SH |  | SOLE |  | 0 | 0 | 2165 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 8115497 | 26361 | SH |  | SOLE |  | 0 | 0 | 26361 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 4114710 | 14008 | SH |  | SOLE |  | 0 | 0 | 14008 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 942175 | 10306 | SH |  | SOLE |  | 0 | 0 | 10306 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 496107 | 6287 | SH |  | SOLE |  | 0 | 0 | 6287 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 1074079 | 4224 | SH |  | SOLE |  | 0 | 0 | 4224 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 816265 | 3911 | SH |  | SOLE |  | 0 | 0 | 3911 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 261518 | 3560 | SH |  | SOLE |  | 0 | 0 | 3560 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1018640 | 3104 | SH |  | SOLE |  | 0 | 0 | 3104 |
| VANGUARD WELLINGTON FD | US MOMENTUM | 921935508 |  | 9148685 | 47750 | SH |  | SOLE |  | 0 | 0 | 47750 |
| VANGUARD WELLINGTON FD | US QUALITY | 921935706 |  | 28276521 | 187483 | SH |  | SOLE |  | 0 | 0 | 187483 |
| VANGUARD WELLINGTON FD | US VALUE FACTR | 921935805 |  | 54558168 | 427773 | SH |  | SOLE |  | 0 | 0 | 427773 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 989329 | 5305 | SH |  | SOLE |  | 0 | 0 | 5305 |
| WALMART INC | COM | 931142103 |  | 452949 | 4395 | SH |  | SOLE |  | 0 | 0 | 4395 |

---