# EDGAR Filing Document

**Accession Number:** 0001766156
**File Stem:** 0001766156-23-000002
**Filing Date:** 2023-2
**Character Count:** 20913
**Document Hash:** ebb3a770eac0b613a1558bdc975ad93a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001766156-23-000002.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0001766156-23-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230208

**DATE AS OF CHANGE**: 20230208

**EFFECTIVENESS DATE**: 20230208

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Salomon & Ludwin, LLC
- **CENTRAL INDEX KEY:** 0001766156
- **IRS NUMBER:** 270886847
- **STATE OF INCORPORATION:** VA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19163
- **FILM NUMBER:** 23598912

**BUSINESS ADDRESS:**
- **STREET 1:** 1401 GASKINS ROAD
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23238
- **BUSINESS PHONE:** 804-592-4999

**MAIL ADDRESS:**
- **STREET 1:** 1401 GASKINS ROAD
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23238

### 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:** Salomon  Ludwin LLC<br>**Address:** 1401 GASKINS ROAD<br>RICHMOND, VA 23238

**Form 13F File Number:** 028-19163

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:** Dean Pelos<br>**Title:** Compliance Officer<br>**Phone:** 12245489262

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

Dean Pelos  Richmond, VA  02-08-2023<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:** 166

**Form 13F Information Table Value Total:** $789043412

      (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 |
| AMAZON COM INC COM | Stock | 023135106 |  | 1288560 | 15340 | SH |  | SOLE | 0 | 15340 | 0 | 0 |
| INVESCO QQQ TRUST | ETF | 46090E103 |  | 814551 | 3059 | SH |  | SOLE | 0 | 3059 | 0 | 0 |
| TECHNOLOGY SELECT SECTOR SPDR FUND | ETF | 81369Y803 |  | 41742685 | 335444 | SH |  | SOLE | 0 | 335444 | 0 | 0 |
| TECHNOLOGY SELECT SECTOR SPDR FUND | ETF | 81369Y803 |  | 12 | 100 | SH | Call | SOLE | 0 | 100 | 0 | 0 |
| ELEVANCE HEALTH INC COM | Stock | 036752103 |  | 1010551 | 1970 | SH |  | SOLE | 0 | 1970 | 0 | 0 |
| JOHNSON  JOHNSON COM | Stock | 478160104 |  | 2149477 | 12168 | SH |  | SOLE | 0 | 12168 | 0 | 0 |
| VANGUARD TOTAL STOCK MARKET ETF | ETF | 922908769 |  | 813896 | 4257 | SH |  | SOLE | 0 | 4257 | 0 | 0 |
| INVESCO HIGH YIELD EQUITY DIVIDEND ACHIEVERS ETF | ETF | 46137V563 |  | 12577981 | 607926 | SH |  | SOLE | 0 | 607925 | 0 | 0 |
| VANGUARD ENERGY ETF | ETF | 92204A306 |  | 2209479 | 18218 | SH |  | SOLE | 0 | 18218 | 0 | 0 |
| COSTCO WHSL CORP NEW COM | Stock | 22160K105 |  | 415872 | 911 | SH |  | SOLE | 0 | 911 | 0 | 0 |
| ISHARES MSCI EMERGING MARKETS ETF | ETF | 464287234 |  | 8117649 | 214186 | SH |  | SOLE | 0 | 214186 | 0 | 0 |
| PROCTER AND GAMBLE CO COM | Stock | 742718109 |  | 2169920 | 14317 | SH |  | SOLE | 0 | 14317 | 0 | 0 |
| COCA COLA CO COM | Stock | 191216100 |  | 1397448 | 21969 | SH |  | SOLE | 0 | 21969 | 0 | 0 |
| FIRST TRUST MORNINGSTAR DIVIDEND LEADERS INDEX FUND | ETF | 336917109 |  | 7169708 | 196108 | SH |  | SOLE | 0 | 196108 | 0 | 0 |
| TRUIST FINL CORP COM | Stock | 89832Q109 |  | 1949216 | 45299 | SH |  | SOLE | 0 | 45299 | 0 | 0 |
| UNITED PARCEL SERVICE INC CL B | Stock | 911312106 |  | 304046 | 1749 | SH |  | SOLE | 0 | 1749 | 0 | 0 |
| INTEL CORP COM | Stock | 458140100 |  | 381904 | 14450 | SH |  | SOLE | 0 | 14449 | 0 | 0 |
| RELIANCE STEEL  ALUMINUM CO COM | Stock | 759509102 |  | 233008 | 1151 | SH |  | SOLE | 0 | 1151 | 0 | 0 |
| MERCK  CO INC COM | Stock | 58933Y105 |  | 688556 | 6206 | SH |  | SOLE | 0 | 6206 | 0 | 0 |
| ISHARES SHORT-TERM NATIONAL MUNI BOND ETF | ETF | 464288158 |  | 22548027 | 216247 | SH |  | SOLE | 0 | 216246 | 0 | 0 |
| SPDR S 500 ETF TRUST | ETF | 78462F103 |  | 19555374 | 51135 | SH |  | SOLE | 0 | 51134 | 0 | 0 |
| SPDR S 500 ETF TRUST | ETF | 78462F103 |  | 153 | 400 | SH | Call | SOLE | 0 | 400 | 0 | 0 |
| SPDR S 500 ETF TRUST | ETF | 78462F103 |  | 38 | 100 | SH | Call | SOLE | 0 | 100 | 0 | 0 |
| SPDR S 500 ETF TRUST | ETF | 78462F103 |  | 76 | 200 | SH | Call | SOLE | 0 | 200 | 0 | 0 |
| SPDR S 500 ETF TRUST | ETF | 78462F103 |  | 38 | 100 | SH | Call | SOLE | 0 | 100 | 0 | 0 |
| MASTERCARD INCORPORATED CL A | Stock | 57636Q104 |  | 577927 | 1662 | SH |  | SOLE | 0 | 1662 | 0 | 0 |
| STEEL DYNAMICS INC COM | Stock | 858119100 |  | 410340 | 4200 | SH |  | SOLE | 0 | 4200 | 0 | 0 |
| ISHARES S 100 ETF | ETF | 464287101 |  | 385147 | 2258 | SH |  | SOLE | 0 | 2258 | 0 | 0 |
| VERIZON COMMUNICATIONS INC COM | Stock | 92343V104 |  | 239515 | 6079 | SH |  | SOLE | 0 | 6079 | 0 | 0 |
| SONOCO PRODS CO COM | Stock | 835495102 |  | 482645 | 7950 | SH |  | SOLE | 0 | 7950 | 0 | 0 |
| PEPSICO INC COM | Stock | 713448108 |  | 1446725 | 8008 | SH |  | SOLE | 0 | 8008 | 0 | 0 |
| HONEYWELL INTL INC COM | Stock | 438516106 |  | 348880 | 1628 | SH |  | SOLE | 0 | 1628 | 0 | 0 |
| HOME DEPOT INC COM | Stock | 437076102 |  | 957587 | 3032 | SH |  | SOLE | 0 | 3031 | 0 | 0 |
| AUTOMATIC DATA PROCESSING INC COM | Stock | 053015103 |  | 700576 | 2933 | SH |  | SOLE | 0 | 2933 | 0 | 0 |
| HEALTH CARE SELECT SECTOR SPDR FUND | ETF | 81369Y209 |  | 17781203 | 130888 | SH |  | SOLE | 0 | 130888 | 0 | 0 |
| SPDR GOLD SHARES | ETF | 78463V107 |  | 613758 | 3618 | SH |  | SOLE | 0 | 3618 | 0 | 0 |
| SOUTHERN CO COM | Stock | 842587107 |  | 408894 | 5726 | SH |  | SOLE | 0 | 5726 | 0 | 0 |
| BECTON DICKINSON  CO COM | Stock | 075887109 |  | 692713 | 2724 | SH |  | SOLE | 0 | 2724 | 0 | 0 |
| ISHARES RUSSELL 1000 GROWTH ETF | ETF | 464287614 |  | 1331502 | 6215 | SH |  | SOLE | 0 | 6215 | 0 | 0 |
| CONSUMER STAPLES SELECT SECTOR SPDR FUND | ETF | 81369Y308 |  | 11832368 | 158717 | SH |  | SOLE | 0 | 158717 | 0 | 0 |
| ISHARES CORE S SMALL CAP ETF | ETF | 464287804 |  | 14819664 | 156590 | SH |  | SOLE | 0 | 156589 | 0 | 0 |
| PRA GROUP INC COM | Stock | 69354N106 |  | 1577492 | 46699 | SH |  | SOLE | 0 | 46699 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | Stock | 084670702 |  | 676800 | 2191 | SH |  | SOLE | 0 | 2191 | 0 | 0 |
| ALPHABET INC CAP STK CL A | Stock | 02079K305 |  | 804834 | 9122 | SH |  | SOLE | 0 | 9122 | 0 | 0 |
| MICROSOFT CORP COM | Stock | 594918104 |  | 16994245 | 70863 | SH |  | SOLE | 0 | 70862 | 0 | 0 |
| CVS HEALTH CORP COM | Stock | 126650100 |  | 219649 | 2357 | SH |  | SOLE | 0 | 2357 | 0 | 0 |
| COMMUNICATION SERVICES SELECT SECTOR SPDR FUND | ETF | 81369Y852 |  | 660006 | 13753 | SH |  | SOLE | 0 | 13753 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL CL A | Stock | 084670108 |  | 468711 | 1 | SH |  | SOLE | 0 | 1 | 0 | 0 |
| BOEING CO COM | Stock | 097023105 |  | 247256 | 1298 | SH |  | SOLE | 0 | 1298 | 0 | 0 |
| VANGUARD SMALL-CAP ETF | ETF | 922908751 |  | 3658690 | 19934 | SH |  | SOLE | 0 | 19934 | 0 | 0 |
| VANGUARD MID-CAP ETF | ETF | 922908629 |  | 3380189 | 16585 | SH |  | SOLE | 0 | 16585 | 0 | 0 |
| VANGUARD LARGE-CAP ETF | ETF | 922908637 |  | 694361 | 3986 | SH |  | SOLE | 0 | 3986 | 0 | 0 |
| NEXTERA ENERGY INC COM | Stock | 65339F101 |  | 563297 | 6738 | SH |  | SOLE | 0 | 6738 | 0 | 0 |
| NIKE INC CL B | Stock | 654106103 |  | 716538 | 6124 | SH |  | SOLE | 0 | 6123 | 0 | 0 |
| VANGUARD SHORT-TERM TREASURY ETF | ETF | 92206C102 |  | 14809894 | 256138 | SH |  | SOLE | 0 | 256137 | 0 | 0 |
| ATLANTIC UN BANKSHARES CORP COM | Stock | 04911A107 |  | 599524 | 17061 | SH |  | SOLE | 0 | 17061 | 0 | 0 |
| VANGUARD HEALTH CARE ETF | ETF | 92204A504 |  | 1888653 | 7614 | SH |  | SOLE | 0 | 7614 | 0 | 0 |
| FINANCIAL SELECT SECTOR SPDR FUND | ETF | 81369Y605 |  | 12485265 | 365066 | SH |  | SOLE | 0 | 365066 | 0 | 0 |
| NORFOLK SOUTHN CORP COM | Stock | 655844108 |  | 1951893 | 7921 | SH |  | SOLE | 0 | 7921 | 0 | 0 |
| NEWMARKET CORP COM | Stock | 651587107 |  | 1119374 | 3598 | SH |  | SOLE | 0 | 3598 | 0 | 0 |
| VANGUARD CONSUMER STAPLES ETF | ETF | 92204A207 |  | 824326 | 4303 | SH |  | SOLE | 0 | 4303 | 0 | 0 |
| VANGUARD INDUSTRIALS ETF | ETF | 92204A603 |  | 4067210 | 22269 | SH |  | SOLE | 0 | 22269 | 0 | 0 |
| VANGUARD INFORMATION TECHNOLOGY ETF | ETF | 92204A702 |  | 3109137 | 9734 | SH |  | SOLE | 0 | 9734 | 0 | 0 |
| VANGUARD S 500 ETF | ETF | 922908363 |  | 44238336 | 125913 | SH |  | SOLE | 0 | 125913 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TRUST | ETF | 78467Y107 |  | 3776556 | 8529 | SH |  | SOLE | 0 | 8529 | 0 | 0 |
| INVESCO S 500 EQUAL WEIGHT ETF | ETF | 46137V357 |  | 1066296 | 7549 | SH |  | SOLE | 0 | 7549 | 0 | 0 |
| SPDR S 600 SMALL CAP ETF | ETF | 78464A813 |  | 413434 | 5029 | SH |  | SOLE | 0 | 5029 | 0 | 0 |
| SPDR S 600 SMALL CAP VALUE ETF | ETF | 78464A300 |  | 5711027 | 76947 | SH |  | SOLE | 0 | 76947 | 0 | 0 |
| SPDR S 400 MID CAP GROWTH ETF | ETF | 78464A821 |  | 647781 | 9914 | SH |  | SOLE | 0 | 9914 | 0 | 0 |
| SPDR S 600 SMALL CAP GROWTH ETF | ETF | 78464A201 |  | 336494 | 4658 | SH |  | SOLE | 0 | 4658 | 0 | 0 |
| SPDR S 400 MID CAP VALUE ETF | ETF | 78464A839 |  | 607591 | 9388 | SH |  | SOLE | 0 | 9388 | 0 | 0 |
| LILLY ELI  CO COM | Stock | 532457108 |  | 10996053 | 30057 | SH |  | SOLE | 0 | 30057 | 0 | 0 |
| HASBRO INC COM | Stock | 418056107 |  | 209203 | 3429 | SH |  | SOLE | 0 | 3429 | 0 | 0 |
| ISHARES RUSSELL 2000 ETF | ETF | 464287655 |  | 16688206 | 95711 | SH |  | SOLE | 0 | 95711 | 0 | 0 |
| DUKE ENERGY CORP NEW COM NEW | Stock | 26441C204 |  | 808266 | 7848 | SH |  | SOLE | 0 | 7848 | 0 | 0 |
| AFLAC INC COM | Stock | 001055102 |  | 306752 | 4264 | SH |  | SOLE | 0 | 4264 | 0 | 0 |
| SYSCO CORP COM | Stock | 871829107 |  | 242347 | 3170 | SH |  | SOLE | 0 | 3170 | 0 | 0 |
| ISHARES U.S. AEROSPACE  DEFENSE ETF | ETF | 464288760 |  | 790850 | 7070 | SH |  | SOLE | 0 | 7070 | 0 | 0 |
| INVESCO S 500 LOW VOLATILITY ETF | ETF | 46138E354 |  | 445133 | 6966 | SH |  | SOLE | 0 | 6966 | 0 | 0 |
| ISHARES 0-3 MONTH TREASURY BOND ETF | ETF | 46436E718 |  | 2145399 | 21424 | SH |  | SOLE | 0 | 21424 | 0 | 0 |
| ISHARES SELECT DIVIDEND ETF | ETF | 464287168 |  | 399668 | 3314 | SH |  | SOLE | 0 | 3314 | 0 | 0 |
| AMERICAN ELEC PWR CO INC COM | Stock | 025537101 |  | 336598 | 3545 | SH |  | SOLE | 0 | 3545 | 0 | 0 |
| MARATHON PETE CORP COM | Stock | 56585A102 |  | 641891 | 5515 | SH |  | SOLE | 0 | 5515 | 0 | 0 |
| TOWNEBANK PORTSMOUTH VA COM | Stock | 89214P109 |  | 380720 | 12345 | SH |  | SOLE | 0 | 12345 | 0 | 0 |
| VANGUARD SMALL CAP VALUE ETF | ETF | 922908611 |  | 408434 | 2572 | SH |  | SOLE | 0 | 2572 | 0 | 0 |
| SCHWAB US DIVIDEND EQUITY ETF | ETF | 808524797 |  | 519262 | 6874 | SH |  | SOLE | 0 | 6874 | 0 | 0 |
| VISA INC COM CL A | Stock | 92826C839 |  | 1011791 | 4870 | SH |  | SOLE | 0 | 4870 | 0 | 0 |
| VANGUARD SMALL-CAP GROWTH ETF | ETF | 922908595 |  | 392457 | 1957 | SH |  | SOLE | 0 | 1957 | 0 | 0 |
| VANGUARD VALUE ETF | ETF | 922908744 |  | 4833641 | 34435 | SH |  | SOLE | 0 | 34435 | 0 | 0 |
| VANGUARD GROWTH ETF | ETF | 922908736 |  | 12817173 | 60143 | SH |  | SOLE | 0 | 60143 | 0 | 0 |
| ISHARES CORE S TOTAL U.S. STOCK MARKET ETF | ETF | 464287150 |  | 525336 | 6195 | SH |  | SOLE | 0 | 6195 | 0 | 0 |
| WISDOMTREE U.S. SMALLCAP DIVIDEND FUND | ETF | 97717W604 |  | 4260340 | 149801 | SH |  | SOLE | 0 | 149801 | 0 | 0 |
| UNITED BANKSHARES INC WEST VA COM | Stock | 909907107 |  | 287641 | 7104 | SH |  | SOLE | 0 | 7104 | 0 | 0 |
| MONDELEZ INTL INC CL A | Stock | 609207105 |  | 350646 | 5261 | SH |  | SOLE | 0 | 5261 | 0 | 0 |
| ISHARES SHORT TREASURY BOND ETF | ETF | 464288679 |  | 1026433 | 9338 | SH |  | SOLE | 0 | 9338 | 0 | 0 |
| ABBVIE INC COM | Stock | 00287Y109 |  | 1191066 | 7370 | SH |  | SOLE | 0 | 7370 | 0 | 0 |
| ISHARES CORE MSCI EMERGING MARKETS ETF | ETF | 46434G103 |  | 9267015 | 198437 | SH |  | SOLE | 0 | 198437 | 0 | 0 |
| INVESCO S 500 QUALITY ETF | ETF | 46137V241 |  | 268910 | 6112 | SH |  | SOLE | 0 | 6111 | 0 | 0 |
| QUALCOMM INC COM | Stock | 747525103 |  | 244287 | 2222 | SH |  | SOLE | 0 | 2222 | 0 | 0 |
| ISHARES GLOBAL FINANCIALS ETF | ETF | 464287333 |  | 5930929 | 84390 | SH |  | SOLE | 0 | 84390 | 0 | 0 |
| MCDONALDS CORP COM | Stock | 580135101 |  | 3009513 | 11420 | SH |  | SOLE | 0 | 11420 | 0 | 0 |
| CISCO SYS INC COM | Stock | 17275R102 |  | 549289 | 11530 | SH |  | SOLE | 0 | 11530 | 0 | 0 |
| ISHARES RUSSELL MIDCAP ETF | ETF | 464287499 |  | 392154 | 5814 | SH |  | SOLE | 0 | 5814 | 0 | 0 |
| WISDOMTREE U.S. LARGECAP DIVIDEND FUND | ETF | 97717W307 |  | 301697 | 4870 | SH |  | SOLE | 0 | 4870 | 0 | 0 |
| AT INC COM | Stock | 00206R102 |  | 247081 | 13421 | SH |  | SOLE | 0 | 13421 | 0 | 0 |
| WISDOMTREE U.S. MIDCAP DIVIDEND FUND | ETF | 97717W505 |  | 5501323 | 133722 | SH |  | SOLE | 0 | 133722 | 0 | 0 |
| GLOBAL X S 500 COVERED CALL ETF | ETF | 37954Y475 |  | 365275 | 9278 | SH |  | SOLE | 0 | 9278 | 0 | 0 |
| VANGUARD FINANCIALS ETF | ETF | 92204A405 |  | 220227 | 2662 | SH |  | SOLE | 0 | 2662 | 0 | 0 |
| ENERGY SELECT SECTOR SPDR FUND | ETF | 81369Y506 |  | 3975896 | 45454 | SH |  | SOLE | 0 | 45454 | 0 | 0 |
| ISHARES S SMALL-CAP 600 GROWTH ETF | ETF | 464287887 |  | 11908014 | 110188 | SH |  | SOLE | 0 | 110187 | 0 | 0 |
| CONSUMER DISCRETIONARY SELECT SECTOR SPDR FUND | ETF | 81369Y407 |  | 14061711 | 108870 | SH |  | SOLE | 0 | 108870 | 0 | 0 |
| INDUSTRIAL SELECT SECTOR SPDR FUND | ETF | 81369Y704 |  | 7772761 | 79144 | SH |  | SOLE | 0 | 79144 | 0 | 0 |
| ISHARES U.S. TECHNOLOGY ETF | ETF | 464287721 |  | 230919 | 3100 | SH |  | SOLE | 0 | 3100 | 0 | 0 |
| ISHARES S 500 VALUE ETF | ETF | 464287408 |  | 44628011 | 307631 | SH |  | SOLE | 0 | 307630 | 0 | 0 |
| WISDOMTREE U.S. AI ENHANCED VALUE FUND | ETF | 97717W406 |  | 6103367 | 66482 | SH |  | SOLE | 0 | 66482 | 0 | 0 |
| ISHARES S 500 GROWTH ETF | ETF | 464287309 |  | 69477769 | 1187654 | SH |  | SOLE | 0 | 1187654 | 0 | 0 |
| ISHARES CORE S 500 ETF | ETF | 464287200 |  | 7255037 | 18883 | SH |  | SOLE | 0 | 18883 | 0 | 0 |
| WELLS FARGO CO NEW COM | Stock | 949746101 |  | 243363 | 5894 | SH |  | SOLE | 0 | 5894 | 0 | 0 |
| INVESCO DWA MOMENTUM ETF | ETF | 46137V837 |  | 293734 | 4134 | SH |  | SOLE | 0 | 4134 | 0 | 0 |
| NORTHROP GRUMMAN CORP COM | Stock | 666807102 |  | 213879 | 392 | SH |  | SOLE | 0 | 392 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC COM | Stock | 883556102 |  | 808413 | 1468 | SH |  | SOLE | 0 | 1468 | 0 | 0 |
| VANGUARD MID-CAP VALUE ETF | ETF | 922908512 |  | 294012 | 2174 | SH |  | SOLE | 0 | 2174 | 0 | 0 |
| JPMORGAN CHASE  CO COM | Stock | 46625H100 |  | 792799 | 5912 | SH |  | SOLE | 0 | 5912 | 0 | 0 |
| SPDR PORTFOLIO EMERGING MARKETS ETF | ETF | 78463X509 |  | 225710 | 6848 | SH |  | SOLE | 0 | 6848 | 0 | 0 |
| CHEVRON CORP NEW COM | Stock | 166764100 |  | 821077 | 4575 | SH |  | SOLE | 0 | 4574 | 0 | 0 |
| ISHARES NATIONAL MUNI BOND ETF | ETF | 464288414 |  | 270870 | 2567 | SH |  | SOLE | 0 | 2567 | 0 | 0 |
| ALBEMARLE CORP COM | Stock | 012653101 |  | 364325 | 1680 | SH |  | SOLE | 0 | 1680 | 0 | 0 |
| MARKEL CORP COM | Stock | 570535104 |  | 515139 | 391 | SH |  | SOLE | 0 | 391 | 0 | 0 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | ETF | 921943858 |  | 32276597 | 769040 | SH |  | SOLE | 0 | 769039 | 0 | 0 |
| BANK AMERICA CORP COM | Stock | 060505104 |  | 469377 | 14172 | SH |  | SOLE | 0 | 14172 | 0 | 0 |
| VANGUARD CONSUMER DISCRETIONARY ETF | ETF | 92204A108 |  | 5183765 | 23668 | SH |  | SOLE | 0 | 23668 | 0 | 0 |
| INVESCO S 500 PURE GROWTH ETF | ETF | 46137V266 |  | 259893 | 1714 | SH |  | SOLE | 0 | 1714 | 0 | 0 |
| SPDR S DIVIDEND ETF | ETF | 78464A763 |  | 11213484 | 89629 | SH |  | SOLE | 0 | 89629 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS COM | Stock | 459200101 |  | 297278 | 2110 | SH |  | SOLE | 0 | 2110 | 0 | 0 |
| ORACLE CORP COM | Stock | 68389X105 |  | 2353458 | 28792 | SH |  | SOLE | 0 | 28792 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP COM | Stock | 75513E101 |  | 450911 | 4468 | SH |  | SOLE | 0 | 4468 | 0 | 0 |
| VANGUARD FTSE EMERGING MARKETS ETF | ETF | 922042858 |  | 3258545 | 83595 | SH |  | SOLE | 0 | 83595 | 0 | 0 |
| VANGUARD HIGH DIVIDEND YIELD INDEX ETF | ETF | 921946406 |  | 26746832 | 247175 | SH |  | SOLE | 0 | 247175 | 0 | 0 |
| PFIZER INC COM | Stock | 717081103 |  | 544579 | 10628 | SH |  | SOLE | 0 | 10628 | 0 | 0 |
| CATERPILLAR INC COM | Stock | 149123101 |  | 242784 | 1013 | SH |  | SOLE | 0 | 1013 | 0 | 0 |
| ALPHABET INC CAP STK CL C | Stock | 02079K107 |  | 456338 | 5143 | SH |  | SOLE | 0 | 5143 | 0 | 0 |
| INVESCO S 500 PURE VALUE ETF | ETF | 46137V258 |  | 302653 | 3881 | SH |  | SOLE | 0 | 3881 | 0 | 0 |
| VANGUARD DIVIDEND APPRECIATION ETF | ETF | 921908844 |  | 522668 | 3442 | SH |  | SOLE | 0 | 3442 | 0 | 0 |
| INVESCO BUYBACK ACHIEVERS ETF | ETF | 46137V308 |  | 287584 | 3361 | SH |  | SOLE | 0 | 3361 | 0 | 0 |
| ISHARES S SMALL-CAP 600 VALUE ETF | ETF | 464287879 |  | 7017889 | 76858 | SH |  | SOLE | 0 | 76857 | 0 | 0 |
| ISHARES S MID-CAP 400 GROWTH ETF | ETF | 464287606 |  | 21420203 | 313619 | SH |  | SOLE | 0 | 313619 | 0 | 0 |
| ISHARES S MID-CAP 400 VALUE ETF | ETF | 464287705 |  | 18432723 | 182864 | SH |  | SOLE | 0 | 182864 | 0 | 0 |
| SPDR PORTFOLIO S 500 GROWTH ETF | ETF | 78464A409 |  | 1566919 | 30924 | SH |  | SOLE | 0 | 30924 | 0 | 0 |
| LAM RESEARCH CORP COM | Stock | 512807108 |  | 667016 | 1587 | SH |  | SOLE | 0 | 1587 | 0 | 0 |
| SPDR PORTFOLIO S 500 VALUE ETF | ETF | 78464A508 |  | 1474631 | 37918 | SH |  | SOLE | 0 | 37918 | 0 | 0 |
| PHILIP MORRIS INTL INC COM | Stock | 718172109 |  | 3597349 | 35543 | SH |  | SOLE | 0 | 35543 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO COM | Stock | 110122108 |  | 221822 | 3083 | SH |  | SOLE | 0 | 3083 | 0 | 0 |
| ALTRIA GROUP INC COM | Stock | 02209S103 |  | 4970330 | 108736 | SH |  | SOLE | 0 | 108736 | 0 | 0 |
| DOMINION ENERGY INC COM | Stock | 25746U109 |  | 5112179 | 83369 | SH |  | SOLE | 0 | 83368 | 0 | 0 |
| EXXON MOBIL CORP COM | Stock | 30231G102 |  | 1657368 | 15026 | SH |  | SOLE | 0 | 15026 | 0 | 0 |
| UNITEDHEALTH GROUP INC COM | Stock | 91324P102 |  | 617130 | 1164 | SH |  | SOLE | 0 | 1164 | 0 | 0 |
| LOWES COS INC COM | Stock | 548661107 |  | 2903525 | 14573 | SH |  | SOLE | 0 | 14573 | 0 | 0 |
| UTILITIES SELECT SECTOR SPDR FUND | ETF | 81369Y886 |  | 213192 | 3024 | SH |  | SOLE | 0 | 3024 | 0 | 0 |
| SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF | ETF | 78463X889 |  | 703208 | 23685 | SH |  | SOLE | 0 | 23685 | 0 | 0 |
| ISHARES CORE S MID-CAP ETF | ETF | 464287507 |  | 27697662 | 114505 | SH |  | SOLE | 0 | 114505 | 0 | 0 |
| ISHARES MSCI EAFE ETF | ETF | 464287465 |  | 21979558 | 334850 | SH |  | SOLE | 0 | 334850 | 0 | 0 |
| APPLE INC COM | Stock | 037833100 |  | 11808751 | 90885 | SH |  | SOLE | 0 | 90885 | 0 | 0 |
| ABBOTT LABS COM | Stock | 002824100 |  | 778960 | 7095 | SH |  | SOLE | 0 | 7095 | 0 | 0 |
| DISNEY WALT CO COM | Stock | 254687106 |  | 433097 | 4985 | SH |  | SOLE | 0 | 4985 | 0 | 0 |
| VANGUARD TOTAL WORLD STOCK ETF | ETF | 922042742 |  | 2981756 | 34595 | SH |  | SOLE | 0 | 34595 | 0 | 0 |
| SPDR BLOOMBERG 1-3 MONTH T-BILL ETF | ETF | 78468R663 |  | 469058 | 5128 | SH |  | SOLE | 0 | 5128 | 0 | 0 |

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