# EDGAR Filing Document

**Accession Number:** 0001800465
**File Stem:** 0001725547-23-000049
**Filing Date:** 2023-2
**Character Count:** 36264
**Document Hash:** c34d4971fce2a39448216f304bce74e1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001725547-23-000049.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001725547-23-000049

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230209

**EFFECTIVENESS DATE**: 20230210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** XML Financial, LLC
- **CENTRAL INDEX KEY:** 0001800465
- **IRS NUMBER:** 813654175
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19740
- **FILM NUMBER:** 23607848

**BUSINESS ADDRESS:**
- **STREET 1:** ONE PRESERVE PARKWAY
- **STREET 2:** SUITE 120
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20852
- **BUSINESS PHONE:** 866.451.1874

**MAIL ADDRESS:**
- **STREET 1:** ONE PRESERVE PARKWAY
- **STREET 2:** SUITE 120
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20852

### 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:** XML Financial LLC<br>**Address:** ONE PRESERVE PARKWAY<br>SUITE 120<br>ROCKVILLE, MD 20852

**Form 13F File Number:** 028-19740

**CRD Number (if applicable):** 000284987

**SEC File Number (if applicable):** 801-108376

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:** JENNIFER SZARO<br>**Title:** CHIEF COMPLIANCE OFFICER<br>**Phone:** (301) 770-5234

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

/s/ Jennifer Szaro  Falls Church, VA  02-09-2023<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:** 330

**Form 13F Information Table Value Total:** $796070496

      (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 |
| AGCO CORP | COM | 001084102 |  | 870252 | 6275 | SH |  | SOLE |  | 0 | 0 | 6274 |
| ALPS ETF TR | ALERIAN ENERGY | 00162Q676 |  | 1081615 | 51116 | SH |  | SOLE |  | 0 | 0 | 51116 |
| AT INC | COM | 00206R102 |  | 3526537 | 191556 | SH |  | SOLE |  | 0 | 0 | 191554 |
| ARK ETF TR | INNOVATION ETF | 00214Q104 |  | 290754 | 9307 | SH |  | SOLE |  | 0 | 0 | 9306 |
| ABBOTT LABS | COM | 002824100 |  | 4129541 | 37613 | SH |  | SOLE |  | 0 | 0 | 37613 |
| ABBVIE INC | COM | 00287Y109 |  | 8184764 | 50645 | SH |  | SOLE |  | 0 | 0 | 50644 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 1434850 | 22153 | SH |  | SOLE |  | 0 | 0 | 22153 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 977272 | 11014 | SH |  | SOLE |  | 0 | 0 | 11014 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1626520 | 18435 | SH |  | SOLE |  | 0 | 0 | 18435 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 1041472 | 22784 | SH |  | SOLE |  | 0 | 0 | 22784 |
| AMAZON COM INC | COM | 023135106 |  | 3508596 | 41769 | SH |  | SOLE |  | 0 | 0 | 41769 |
| GREYSTONE HOUSING IMPACT INV | BEN UNIT CTF | 02364V206 |  | 430372 | 24734 | SH |  | SOLE |  | 0 | 0 | 24734 |
| AMERISOURCEBERGEN CORP | COM | 03073E105 |  | 848843 | 5122 | SH |  | SOLE |  | 0 | 0 | 5122 |
| AMGEN INC | COM | 031162100 |  | 6236524 | 23746 | SH |  | SOLE |  | 0 | 0 | 23744 |
| APPLE INC | COM | 037833100 |  | 20273739 | 156036 | SH |  | SOLE |  | 0 | 0 | 156035 |
| APPLIED MATLS INC | COM | 038222105 |  | 992176 | 10189 | SH |  | SOLE |  | 0 | 0 | 10188 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 323464 | 17513 | SH |  | SOLE |  | 0 | 0 | 17512 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 403274 | 5948 | SH |  | SOLE |  | 0 | 0 | 5948 |
| BCE INC | COM NEW | 05534B760 |  | 1747760 | 39767 | SH |  | SOLE |  | 0 | 0 | 39767 |
| BP PLC | SPONSORED ADR | 055622104 |  | 330706 | 9468 | SH |  | SOLE |  | 0 | 0 | 9467 |
| B. RILEY FINANCIAL INC | COM | 05580M108 |  | 841275 | 24599 | SH |  | SOLE |  | 0 | 0 | 24598 |
| BNY MELLON STRATEGIC MUNS IN | COM | 05588W108 |  | 272812 | 44650 | SH |  | SOLE |  | 0 | 0 | 44650 |
| BANK AMERICA CORP | COM | 060505104 |  | 10690361 | 322777 | SH |  | SOLE |  | 0 | 0 | 322776 |
| BARRICK GOLD CORP | COM | 067901108 |  | 647722 | 37702 | SH |  | SOLE |  | 0 | 0 | 37702 |
| BERKSHIRE GREY INC | *W EXP 07/21/202 | 084656115 |  | 1200 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 937422 | 2 | SH |  | SOLE |  | 0 | 0 | 2 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 10972332 | 35521 | SH |  | SOLE |  | 0 | 0 | 35520 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 774322 | 12479 | SH |  | SOLE |  | 0 | 0 | 12479 |
| BLACKROCK MUN INCOME QUALITY | COM | 092479104 |  | 133225 | 11738 | SH |  | SOLE |  | 0 | 0 | 11737 |
| BLACKROCK INC | COM | 09247X101 |  | 225517 | 318 | SH |  | SOLE |  | 0 | 0 | 318 |
| BLACKROCK ENHANCED EQUITY DI | COM | 09251A104 |  | 156422 | 17361 | SH |  | SOLE |  | 0 | 0 | 17360 |
| BLACKROCK MUNICIPAL INCOME | COM | 09253X102 |  | 225546 | 19907 | SH |  | SOLE |  | 0 | 0 | 19907 |
| BLACKROCK MUN TARGET TERM TR | COM SHS BEN IN | 09257P105 |  | 3956991 | 185861 | SH |  | SOLE |  | 0 | 0 | 185861 |
| BLACKSTONE INC | COM | 09260D107 |  | 1117855 | 15067 | SH |  | SOLE |  | 0 | 0 | 15067 |
| BOEING CO | COM | 097023105 |  | 1281007 | 6725 | SH |  | SOLE |  | 0 | 0 | 6724 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 275086 | 137 | SH |  | SOLE |  | 0 | 0 | 136 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 7104604 | 98744 | SH |  | SOLE |  | 0 | 0 | 98743 |
| BROADCOM INC | COM | 11135F101 |  | 666477 | 1192 | SH |  | SOLE |  | 0 | 0 | 1191 |
| BROOKFIELD RENEWABLE CORP | CL A SUB VTG | 11284V105 |  | 3559270 | 129240 | SH |  | SOLE |  | 0 | 0 | 129240 |
| CSX CORP | COM | 126408103 |  | 906783 | 29270 | SH |  | SOLE |  | 0 | 0 | 29269 |
| CVS HEALTH CORP | COM | 126650100 |  | 9587016 | 102876 | SH |  | SOLE |  | 0 | 0 | 102876 |
| CALAMOS GBL DYN INCOME FUND | COM | 12811L107 |  | 95976 | 17200 | SH |  | SOLE |  | 0 | 0 | 17200 |
| CALAMOS STRATEGIC TOTAL RETU | COM SH BEN INT | 128125101 |  | 354664 | 26428 | SH |  | SOLE |  | 0 | 0 | 26428 |
| CANADIAN PAC RY LTD | COM | 13645T100 |  | 341882 | 4583 | SH |  | SOLE |  | 0 | 0 | 4583 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 445310 | 4790 | SH |  | SOLE |  | 0 | 0 | 4789 |
| CARLISLE COS INC | COM | 142339100 |  | 254502 | 1080 | SH |  | SOLE |  | 0 | 0 | 1080 |
| CARMAX INC | COM | 143130102 |  | 292759 | 4808 | SH |  | SOLE |  | 0 | 0 | 4808 |
| CATALYST PHARMACEUTICALS INC | COM | 14888U101 |  | 558000 | 30000 | SH |  | SOLE |  | 0 | 0 | 30000 |
| CATERPILLAR INC | COM | 149123101 |  | 1467601 | 6126 | SH |  | SOLE |  | 0 | 0 | 6126 |
| CELANESE CORP DEL | COM | 150870103 |  | 261734 | 2560 | SH |  | SOLE |  | 0 | 0 | 2560 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 214467 | 1580 | SH |  | SOLE |  | 0 | 0 | 1579 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 5358128 | 296357 | SH |  | SOLE |  | 0 | 0 | 296356 |
| LMP CAP  INCOME FD INC | COM | 50208A102 |  | 329631 | 27378 | SH |  | SOLE |  | 0 | 0 | 27378 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 254830 | 1179 | SH |  | SOLE |  | 0 | 0 | 1178 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 663094 | 3185 | SH |  | SOLE |  | 0 | 0 | 3184 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 210354 | 4376 | SH |  | SOLE |  | 0 | 0 | 4376 |
| LEGG MASON ETF INVT | FRANKLIN US LOW | 52468L406 |  | 11172925 | 293715 | SH |  | SOLE |  | 0 | 0 | 293715 |
| LILLY ELI  CO | COM | 532457108 |  | 578985 | 1583 | SH |  | SOLE |  | 0 | 0 | 1582 |
| LISTED FD TR | HORIZON KINETICS | 53656F623 |  | 5233204 | 166239 | SH |  | SOLE |  | 0 | 0 | 166239 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 4433431 | 9113 | SH |  | SOLE |  | 0 | 0 | 9113 |
| LOWES COS INC | COM | 548661107 |  | 388595 | 1950 | SH |  | SOLE |  | 0 | 0 | 1949 |
| M  T BK CORP | COM | 55261F104 |  | 314309 | 2167 | SH |  | SOLE |  | 0 | 0 | 2166 |
| MFS MULTIMARKET INCOME TR | SH BEN INT | 552737108 |  | 67785 | 15030 | SH |  | SOLE |  | 0 | 0 | 15029 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 1030856 | 30744 | SH |  | SOLE |  | 0 | 0 | 30744 |
| MACROGENICS INC | COM | 556099109 |  | 98640 | 14700 | SH |  | SOLE |  | 0 | 0 | 14700 |
| MAINSTAY MACKAY DEFINEDTERM | COM | 56064K100 |  | 4661543 | 290258 | SH |  | SOLE |  | 0 | 0 | 290258 |
| MANAGED PORTFOLIO SERIES | TORTOISE NRAM PI | 56167N720 |  | 2991194 | 121150 | SH |  | SOLE |  | 0 | 0 | 121150 |
| MARATHON PETE CORP | COM | 56585A102 |  | 3643007 | 31300 | SH |  | SOLE |  | 0 | 0 | 31300 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 1282001 | 8610 | SH |  | SOLE |  | 0 | 0 | 8610 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 213406 | 614 | SH |  | SOLE |  | 0 | 0 | 613 |
| MCDONALDS CORP | COM | 580135101 |  | 1835351 | 6964 | SH |  | SOLE |  | 0 | 0 | 6964 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 1720981 | 154487 | SH |  | SOLE |  | 0 | 0 | 154486 |
| MERCK  CO INC | COM | 58933Y105 |  | 8142073 | 73385 | SH |  | SOLE |  | 0 | 0 | 73384 |
| METLIFE INC | COM | 59156R108 |  | 226089 | 3124 | SH |  | SOLE |  | 0 | 0 | 3124 |
| MICROSOFT CORP | COM | 594918104 |  | 18425312 | 76830 | SH |  | SOLE |  | 0 | 0 | 76828 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 819007 | 12288 | SH |  | SOLE |  | 0 | 0 | 12288 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 305165 | 863 | SH |  | SOLE |  | 0 | 0 | 863 |
| NEUBERGER BERMAN MUN FD INC | COM | 64124P101 |  | 127645 | 12250 | SH |  | SOLE |  | 0 | 0 | 12250 |
| NEW YORK CMNTY BANCORP INC | COM | 649445103 |  | 375201 | 43628 | SH |  | SOLE |  | 0 | 0 | 43628 |
| NEWMONT CORP | COM | 651639106 |  | 3392500 | 71875 | SH |  | SOLE |  | 0 | 0 | 71875 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 954024 | 11412 | SH |  | SOLE |  | 0 | 0 | 11411 |
| NIKE INC | CL B | 654106103 |  | 217667 | 1860 | SH |  | SOLE |  | 0 | 0 | 1859 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 774950 | 3145 | SH |  | SOLE |  | 0 | 0 | 3144 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 1178403 | 12989 | SH |  | SOLE |  | 0 | 0 | 12989 |
| NUVEEN MASSACHUSETS QLT MUN | COM | 67061E104 |  | 105700 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| NUVEEN VIRGINIA QLTY MUNCPL | COM | 67064R102 |  | 131822 | 11812 | SH |  | SOLE |  | 0 | 0 | 11812 |
| NUVEEN MUN CR OPPORTUNITIES | COM | 670663103 |  | 425863 | 38750 | SH |  | SOLE |  | 0 | 0 | 38750 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 646568 | 4424 | SH |  | SOLE |  | 0 | 0 | 4424 |
| NUVEEN QUALITY MUNCP INCOME | COM | 67066V101 |  | 2987005 | 253136 | SH |  | SOLE |  | 0 | 0 | 253136 |
| NUVEEN INTER DURATION MUN TE | COM | 670671106 |  | 381610 | 29086 | SH |  | SOLE |  | 0 | 0 | 29086 |
| NUVEEN MUNICIPAL CREDIT INC | COM SH BEN INT | 67070X101 |  | 241600 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |
| NUVEEN PENNSYLVANIA QLT MUN | COM | 670972108 |  | 500075 | 44930 | SH |  | SOLE |  | 0 | 0 | 44930 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 319215 | 5068 | SH |  | SOLE |  | 0 | 0 | 5067 |
| OMNICOM GROUP INC | COM | 681919106 |  | 400630 | 4911 | SH |  | SOLE |  | 0 | 0 | 4911 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 4482249 | 160367 | SH |  | SOLE |  | 0 | 0 | 160366 |
| ORACLE CORP | COM | 68389X105 |  | 2876521 | 35191 | SH |  | SOLE |  | 0 | 0 | 35191 |
| PACER FDS TR | TRENDPILOT 100 | 69374H303 |  | 694287 | 14103 | SH |  | SOLE |  | 0 | 0 | 14102 |
| PAVMED INC | COM | 70387R106 |  | 72476 | 150991 | SH |  | SOLE |  | 0 | 0 | 150991 |
| CHEVRON CORP NEW | COM | 166764100 |  | 6956118 | 38755 | SH |  | SOLE |  | 0 | 0 | 38754 |
| CHOICE HOTELS INTL INC | COM | 169905106 |  | 225280 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 353190 | 3449 | SH |  | SOLE |  | 0 | 0 | 3449 |
| CISCO SYS INC | COM | 17275R102 |  | 9597370 | 201456 | SH |  | SOLE |  | 0 | 0 | 201455 |
| CITIGROUP INC | COM NEW | 172967424 |  | 316237 | 6992 | SH |  | SOLE |  | 0 | 0 | 6991 |
| COCA COLA CO | COM | 191216100 |  | 1307008 | 20547 | SH |  | SOLE |  | 0 | 0 | 20547 |
| COHEN  STEERS REIT  PFD | COM | 19247X100 |  | 237855 | 11671 | SH |  | SOLE |  | 0 | 0 | 11671 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 955575 | 27326 | SH |  | SOLE |  | 0 | 0 | 27325 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 555086 | 4704 | SH |  | SOLE |  | 0 | 0 | 4704 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 200151 | 2100 | SH |  | SOLE |  | 0 | 0 | 2100 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 363616 | 1569 | SH |  | SOLE |  | 0 | 0 | 1569 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 2161203 | 4734 | SH |  | SOLE |  | 0 | 0 | 4734 |
| CRACKER BARREL OLD CTRY STOR | COM | 22410J106 |  | 1722112 | 18177 | SH |  | SOLE |  | 0 | 0 | 18177 |
| CUBESMART | COM | 229663109 |  | 296615 | 7369 | SH |  | SOLE |  | 0 | 0 | 7369 |
| CUMMINS INC | COM | 231021106 |  | 3964349 | 16362 | SH |  | SOLE |  | 0 | 0 | 16362 |
| DBX ETF TR | XTRACK USD HIGH | 233051432 |  | 741192 | 21987 | SH |  | SOLE |  | 0 | 0 | 21987 |
| DNP SELECT INCOME FD INC | COM | 23325P104 |  | 151776 | 13491 | SH |  | SOLE |  | 0 | 0 | 13491 |
| DTE ENERGY CO | COM | 233331107 |  | 235530 | 2004 | SH |  | SOLE |  | 0 | 0 | 2004 |
| DANAHER CORPORATION | COM | 235851102 |  | 1367221 | 5151 | SH |  | SOLE |  | 0 | 0 | 5151 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 289924 | 8823 | SH |  | SOLE |  | 0 | 0 | 8823 |
| DISNEY WALT CO | COM | 254687106 |  | 902860 | 10392 | SH |  | SOLE |  | 0 | 0 | 10391 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 3127168 | 50998 | SH |  | SOLE |  | 0 | 0 | 50996 |
| DOW INC | COM | 260557103 |  | 5512281 | 109392 | SH |  | SOLE |  | 0 | 0 | 109392 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 611961 | 5942 | SH |  | SOLE |  | 0 | 0 | 5941 |
| EAGLE BANCORP INC MD | COM | 268948106 |  | 879916 | 19966 | SH |  | SOLE |  | 0 | 0 | 19966 |
| EATON VANCE MUNI INCOME TRUS | SH BEN INT | 27826U108 |  | 227010 | 23000 | SH |  | SOLE |  | 0 | 0 | 23000 |
| EATON VANCE RISK-MANAGED DIV | COM | 27829G106 |  | 116835 | 15578 | SH |  | SOLE |  | 0 | 0 | 15578 |
| EATON VANCE MUN INCOME 2028 | SHS | 27829U105 |  | 2778823 | 155851 | SH |  | SOLE |  | 0 | 0 | 155851 |
| ECOLAB INC | COM | 278865100 |  | 242713 | 1667 | SH |  | SOLE |  | 0 | 0 | 1667 |
| EMERSON ELEC CO | COM | 291011104 |  | 2884976 | 30033 | SH |  | SOLE |  | 0 | 0 | 30033 |
| ENBRIDGE INC | COM | 29250N105 |  | 584498 | 14949 | SH |  | SOLE |  | 0 | 0 | 14948 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 451265 | 38017 | SH |  | SOLE |  | 0 | 0 | 38017 |
| ENGLOBAL CORP | COM | 293306106 |  | 23390 | 30122 | SH |  | SOLE |  | 0 | 0 | 30122 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 2456678 | 101852 | SH |  | SOLE |  | 0 | 0 | 101852 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 4752450 | 43087 | SH |  | SOLE |  | 0 | 0 | 43085 |
| FEDERATED HERMES PREM MUNI I | COM | 31423P108 |  | 846337 | 80604 | SH |  | SOLE |  | 0 | 0 | 80603 |
| FEDEX CORP | COM | 31428X106 |  | 2725901 | 15738 | SH |  | SOLE |  | 0 | 0 | 15738 |
| FIDELITY COVINGTON TRUST | STOCK FOR INFL | 316092386 |  | 2068884 | 66846 | SH |  | SOLE |  | 0 | 0 | 66846 |
| FIRST TR MORNINGSTAR DIVID L | SHS | 336917109 |  | 756353 | 20688 | SH |  | SOLE |  | 0 | 0 | 20688 |
| FIRST TR EXCHANGE-TRADED FD | FT CBOE VEST GLD | 33733E856 |  | 2091430 | 109844 | SH |  | SOLE |  | 0 | 0 | 109844 |
| FIRST TR EXCHANGE TRADED FD | NASDAQ CYB ETF | 33734X846 |  | 305781 | 7899 | SH |  | SOLE |  | 0 | 0 | 7899 |
| FIRST TR EXCHANGE-TRADED FD | RISNG DIVD ACHIV | 33738R506 |  | 584707 | 13313 | SH |  | SOLE |  | 0 | 0 | 13313 |
| FIRST TR EXCH TRADED FD III | MANAGD MUN ETF | 33739N108 |  | 286579 | 5719 | SH |  | SOLE |  | 0 | 0 | 5719 |
| FIRST TR EXCHNG TRADED FD VI | LOW DUR STRTGC | 33740F870 |  | 276397 | 14989 | SH |  | SOLE |  | 0 | 0 | 14989 |
| FORD MTR CO DEL | COM | 345370860 |  | 323257 | 27795 | SH |  | SOLE |  | 0 | 0 | 27795 |
| FUNKO INC | COM CL A | 361008105 |  | 109100 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 2702369 | 10892 | SH |  | SOLE |  | 0 | 0 | 10891 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 452010 | 5395 | SH |  | SOLE |  | 0 | 0 | 5394 |
| GENERAL MLS INC | COM | 370334104 |  | 2630792 | 31375 | SH |  | SOLE |  | 0 | 0 | 31374 |
| GENERAL MTRS CO | COM | 37045V100 |  | 1612201 | 47925 | SH |  | SOLE |  | 0 | 0 | 47925 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 8022779 | 46150 | SH |  | SOLE |  | 0 | 0 | 46150 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1413871 | 2667 | SH |  | SOLE |  | 0 | 0 | 2666 |
| UNIVERSAL DISPLAY CORP | COM | 91347P105 |  | 279499 | 2587 | SH |  | SOLE |  | 0 | 0 | 2587 |
| UNUM GROUP | COM | 91529Y106 |  | 824703 | 20100 | SH |  | SOLE |  | 0 | 0 | 20100 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 223274 | 1760 | SH |  | SOLE |  | 0 | 0 | 1760 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 656317 | 4322 | SH |  | SOLE |  | 0 | 0 | 4322 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 201452 | 4800 | SH |  | SOLE |  | 0 | 0 | 4799 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 8147221 | 75291 | SH |  | SOLE |  | 0 | 0 | 75290 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 259893 | 5564 | SH |  | SOLE |  | 0 | 0 | 5563 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 |  | 7386756 | 23126 | SH |  | SOLE |  | 0 | 0 | 23126 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 7095827 | 143379 | SH |  | SOLE |  | 0 | 0 | 143379 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 384410 | 1094 | SH |  | SOLE |  | 0 | 0 | 1094 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 4590924 | 25539 | SH |  | SOLE |  | 0 | 0 | 25538 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 2014790 | 24428 | SH |  | SOLE |  | 0 | 0 | 24427 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 489632 | 2298 | SH |  | SOLE |  | 0 | 0 | 2297 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 2690143 | 19165 | SH |  | SOLE |  | 0 | 0 | 19164 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 841714 | 4586 | SH |  | SOLE |  | 0 | 0 | 4586 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1282661 | 6709 | SH |  | SOLE |  | 0 | 0 | 6708 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 8062846 | 204641 | SH |  | SOLE |  | 0 | 0 | 204640 |
| VISA INC | COM CL A | 92826C839 |  | 1585158 | 7630 | SH |  | SOLE |  | 0 | 0 | 7628 |
| VIRTUS EQUITY  CONV INCM FD | COM | 92841M101 |  | 323473 | 17744 | SH |  | SOLE |  | 0 | 0 | 17744 |
| VOYA ASIA PAC HIGH DIV EQT I | COM | 92912J102 |  | 122404 | 19968 | SH |  | SOLE |  | 0 | 0 | 19968 |
| WP CAREY INC | COM | 92936U109 |  | 3610325 | 46197 | SH |  | SOLE |  | 0 | 0 | 46197 |
| WALMART INC | COM | 931142103 |  | 964105 | 6800 | SH |  | SOLE |  | 0 | 0 | 6799 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 2080649 | 55692 | SH |  | SOLE |  | 0 | 0 | 55691 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 627340 | 3999 | SH |  | SOLE |  | 0 | 0 | 3998 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 788202 | 19089 | SH |  | SOLE |  | 0 | 0 | 19088 |
| WESCO INTL INC | COM | 95082P105 |  | 805662 | 6435 | SH |  | SOLE |  | 0 | 0 | 6435 |
| WESTERN ASSET MUN HIGH INCOM | COM | 95766N103 |  | 94418 | 14799 | SH |  | SOLE |  | 0 | 0 | 14799 |
| WILLIAMS COS INC | COM | 969457100 |  | 437182 | 13288 | SH |  | SOLE |  | 0 | 0 | 13288 |
| WISDOMTREE TR | INTERNTNL AI ENH | 97717W786 |  | 429316 | 11886 | SH |  | SOLE |  | 0 | 0 | 11886 |
| WISDOMTREE TR | EM EX ST-OWNED | 97717X578 |  | 1112941 | 41714 | SH |  | SOLE |  | 0 | 0 | 41714 |
| WISDOMTREE TR | US S CAP QTY DIV | 97717X651 |  | 2411474 | 59972 | SH |  | SOLE |  | 0 | 0 | 59972 |
| WYNN RESORTS LTD | COM | 983134107 |  | 660710 | 8012 | SH |  | SOLE |  | 0 | 0 | 8011 |
| XCEL ENERGY INC | COM | 98389B100 |  | 303506 | 4329 | SH |  | SOLE |  | 0 | 0 | 4329 |
| ZOETIS INC | CL A | 98978V103 |  | 301856 | 2060 | SH |  | SOLE |  | 0 | 0 | 2059 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 640108 | 2399 | SH |  | SOLE |  | 0 | 0 | 2398 |
| GATES INDL CORP PLC | ORD SHS | G39108108 |  | 333081 | 29192 | SH |  | SOLE |  | 0 | 0 | 29192 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1067284 | 13732 | SH |  | SOLE |  | 0 | 0 | 13732 |
| CHUBB LIMITED | COM | H1467J104 |  | 211782 | 960 | SH |  | SOLE |  | 0 | 0 | 960 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 264383 | 3184 | SH |  | SOLE |  | 0 | 0 | 3184 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 200340 | 4053 | SH |  | SOLE |  | 0 | 0 | 4053 |
| GLADSTONE CAPITAL CORP | COM | 376535100 |  | 118366 | 12304 | SH |  | SOLE |  | 0 | 0 | 12304 |
| GLADSTONE COMMERCIAL CORP | COM | 376536108 |  | 9910799 | 535719 | SH |  | SOLE |  | 0 | 0 | 535717 |
| GSK PLC | SPONSORED ADR | 37733W204 |  | 1149577 | 32714 | SH |  | SOLE |  | 0 | 0 | 32714 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 1136221 | 11440 | SH |  | SOLE |  | 0 | 0 | 11440 |
| GLOBAL X FDS | S 500 COVERED | 37954Y475 |  | 2376452 | 60362 | SH |  | SOLE |  | 0 | 0 | 60362 |
| GLOBAL X FDS | NASDAQ 100 COVER | 37954Y483 |  | 479275 | 30124 | SH |  | SOLE |  | 0 | 0 | 30124 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1663207 | 4844 | SH |  | SOLE |  | 0 | 0 | 4843 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 |  | 8063790 | 105921 | SH |  | SOLE |  | 0 | 0 | 105920 |
| HOME DEPOT INC | COM | 437076102 |  | 2349331 | 7438 | SH |  | SOLE |  | 0 | 0 | 7437 |
| HONEYWELL INTL INC | COM | 438516106 |  | 940273 | 4388 | SH |  | SOLE |  | 0 | 0 | 4387 |
| HUMANA INC | COM | 444859102 |  | 256095 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 663641 | 3012 | SH |  | SOLE |  | 0 | 0 | 3012 |
| INNOVATOR ETFS TR | US EQT ULTRA BF | 45782C300 |  | 299269 | 10073 | SH |  | SOLE |  | 0 | 0 | 10073 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C540 |  | 266230 | 8907 | SH |  | SOLE |  | 0 | 0 | 8907 |
| INNOVATOR ETFS TR | US EQTY BUF OCT | 45782C771 |  | 1911349 | 60181 | SH |  | SOLE |  | 0 | 0 | 60181 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C797 |  | 240232 | 7989 | SH |  | SOLE |  | 0 | 0 | 7989 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C813 |  | 6073292 | 201169 | SH |  | SOLE |  | 0 | 0 | 201169 |
| INNOVATOR ETFS TR | US EQT BUFR APR | 45782C888 |  | 665291 | 21441 | SH |  | SOLE |  | 0 | 0 | 21441 |
| INTEL CORP | COM | 458140100 |  | 4192595 | 158630 | SH |  | SOLE |  | 0 | 0 | 158630 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 5905383 | 41915 | SH |  | SOLE |  | 0 | 0 | 41914 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 2965299 | 85628 | SH |  | SOLE |  | 0 | 0 | 85628 |
| INVESCO ACTIVELY MANAGED ETF | ULTRA SHRT DUR | 46090A887 |  | 409095 | 8271 | SH |  | SOLE |  | 0 | 0 | 8271 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1458777 | 5478 | SH |  | SOLE |  | 0 | 0 | 5478 |
| INTUIT | COM | 461202103 |  | 202394 | 520 | SH |  | SOLE |  | 0 | 0 | 520 |
| INVESCO MUNICIPAL TRUST | COM | 46131J103 |  | 117614 | 11880 | SH |  | SOLE |  | 0 | 0 | 11880 |
| INVESCO EXCHANGE TRADED FD T | S PUR GWT | 46137V266 |  | 2341920 | 15447 | SH |  | SOLE |  | 0 | 0 | 15447 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 795217 | 5630 | SH |  | SOLE |  | 0 | 0 | 5629 |
| INVESCO EXCHANGE TRADED FD T | DIVID ACHIEVEV | 46137V506 |  | 211973 | 5804 | SH |  | SOLE |  | 0 | 0 | 5804 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 4832768 | 75630 | SH |  | SOLE |  | 0 | 0 | 75629 |
| IRON MTN INC DEL | COM | 46284V101 |  | 218545 | 4384 | SH |  | SOLE |  | 0 | 0 | 4384 |
| ISHARES TR | S 100 ETF | 464287101 |  | 781334 | 4581 | SH |  | SOLE |  | 0 | 0 | 4580 |
| ISHARES TR | MORNINGSTAR GRWT | 464287119 |  | 902381 | 18537 | SH |  | SOLE |  | 0 | 0 | 18537 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 413400 | 4875 | SH |  | SOLE |  | 0 | 0 | 4875 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 1372178 | 11378 | SH |  | SOLE |  | 0 | 0 | 11377 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 4841052 | 45482 | SH |  | SOLE |  | 0 | 0 | 45481 |
| ISHARES TR | CORE S ETF | 464287200 |  | 7630668 | 19861 | SH |  | SOLE |  | 0 | 0 | 19860 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 15370554 | 158476 | SH |  | SOLE |  | 0 | 0 | 158475 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 1256608 | 33156 | SH |  | SOLE |  | 0 | 0 | 33155 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 3460662 | 59157 | SH |  | SOLE |  | 0 | 0 | 59156 |
| ISHARES TR | NORTH AMERN NAT | 464287374 |  | 581158 | 14293 | SH |  | SOLE |  | 0 | 0 | 14293 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 2291071 | 28226 | SH |  | SOLE |  | 0 | 0 | 28225 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 3003029 | 45750 | SH |  | SOLE |  | 0 | 0 | 45750 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 8828304 | 83808 | SH |  | SOLE |  | 0 | 0 | 83807 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 5303326 | 63437 | SH |  | SOLE |  | 0 | 0 | 63436 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 19869730 | 294585 | SH |  | SOLE |  | 0 | 0 | 294584 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 1379755 | 5704 | SH |  | SOLE |  | 0 | 0 | 5704 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 362253 | 2759 | SH |  | SOLE |  | 0 | 0 | 2759 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 9398757 | 61977 | SH |  | SOLE |  | 0 | 0 | 61976 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 10033150 | 46831 | SH |  | SOLE |  | 0 | 0 | 46831 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 16657317 | 79125 | SH |  | SOLE |  | 0 | 0 | 79124 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 4180031 | 30144 | SH |  | SOLE |  | 0 | 0 | 30143 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 3657786 | 17051 | SH |  | SOLE |  | 0 | 0 | 17051 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 8225022 | 47173 | SH |  | SOLE |  | 0 | 0 | 47172 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 224901 | 3184 | SH |  | SOLE |  | 0 | 0 | 3184 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 736256 | 9032 | SH |  | SOLE |  | 0 | 0 | 9031 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 796008 | 3607 | SH |  | SOLE |  | 0 | 0 | 3607 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 322842 | 4334 | SH |  | SOLE |  | 0 | 0 | 4334 |
| ISHARES TR | U.S. FINLS ETF | 464287788 |  | 6959106 | 92210 | SH |  | SOLE |  | 0 | 0 | 92210 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 11516878 | 121691 | SH |  | SOLE |  | 0 | 0 | 121691 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 826267 | 7924 | SH |  | SOLE |  | 0 | 0 | 7924 |
| ISHARES TR | MRGSTR MD CP ETF | 464288208 |  | 224589 | 3828 | SH |  | SOLE |  | 0 | 0 | 3828 |
| ISHARES TR | GL CLEAN ENE ETF | 464288224 |  | 314573 | 15848 | SH |  | SOLE |  | 0 | 0 | 15847 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 493906 | 5839 | SH |  | SOLE |  | 0 | 0 | 5838 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 6523722 | 61825 | SH |  | SOLE |  | 0 | 0 | 61824 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 687019 | 9331 | SH |  | SOLE |  | 0 | 0 | 9330 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 1462651 | 47909 | SH |  | SOLE |  | 0 | 0 | 47908 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 513885 | 6135 | SH |  | SOLE |  | 0 | 0 | 6135 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 6413053 | 61522 | SH |  | SOLE |  | 0 | 0 | 61522 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 2848760 | 49218 | SH |  | SOLE |  | 0 | 0 | 49218 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 20017807 | 400356 | SH |  | SOLE |  | 0 | 0 | 400356 |
| ISHARES TR | HDG MSCI EAFE | 46434V803 |  | 2505384 | 92792 | SH |  | SOLE |  | 0 | 0 | 92792 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 400190 | 4722 | SH |  | SOLE |  | 0 | 0 | 4722 |
| ISHARES TR | US SML CP VALUE | 46436E536 |  | 418088 | 14859 | SH |  | SOLE |  | 0 | 0 | 14859 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 8074311 | 60211 | SH |  | SOLE |  | 0 | 0 | 60210 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 7742798 | 43831 | SH |  | SOLE |  | 0 | 0 | 43830 |
| KKR REAL ESTATE FIN TR INC | COM | 48251K100 |  | 1217521 | 87215 | SH |  | SOLE |  | 0 | 0 | 87215 |
| PEPSICO INC | COM | 713448108 |  | 2003813 | 11092 | SH |  | SOLE |  | 0 | 0 | 11091 |
| PFIZER INC | COM | 717081103 |  | 9197441 | 179497 | SH |  | SOLE |  | 0 | 0 | 179496 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1462076 | 14446 | SH |  | SOLE |  | 0 | 0 | 14445 |
| PHILLIPS 66 | COM | 718546104 |  | 2219917 | 21329 | SH |  | SOLE |  | 0 | 0 | 21328 |
| PIMCO CORPORATE  INCOME OPP | COM | 72201B101 |  | 6632463 | 552245 | SH |  | SOLE |  | 0 | 0 | 552245 |
| PIMCO ETF TR | INTER MUN BD ACT | 72201R866 |  | 283802 | 5524 | SH |  | SOLE |  | 0 | 0 | 5523 |
| PIONEER MUNICIPAL HIGH INCOM | COM | 723762100 |  | 461295 | 56950 | SH |  | SOLE |  | 0 | 0 | 56950 |
| PIONEER MUNICIPAL HIGH INCOM | COM SHS | 723763108 |  | 399416 | 46552 | SH |  | SOLE |  | 0 | 0 | 46552 |
| PRINCIPAL EXCHANGE TRADED FD | SPECTRUM PFD | 74255Y888 |  | 320283 | 18719 | SH |  | SOLE |  | 0 | 0 | 18719 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1661260 | 10961 | SH |  | SOLE |  | 0 | 0 | 10961 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 |  | 336378 | 3738 | SH |  | SOLE |  | 0 | 0 | 3737 |
| PROSPECT CAP CORP | COM | 74348T102 |  | 6528615 | 933994 | SH |  | SOLE |  | 0 | 0 | 933993 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 3273437 | 32912 | SH |  | SOLE |  | 0 | 0 | 32912 |
| QUALCOMM INC | COM | 747525103 |  | 10740437 | 97694 | SH |  | SOLE |  | 0 | 0 | 97693 |
| RPM INTL INC | COM | 749685103 |  | 292350 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 7225594 | 71597 | SH |  | SOLE |  | 0 | 0 | 71596 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 904748 | 1254 | SH |  | SOLE |  | 0 | 0 | 1254 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 1334564 | 61900 | SH |  | SOLE |  | 0 | 0 | 61900 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 442436 | 3430 | SH |  | SOLE |  | 0 | 0 | 3430 |
| RIVERNORTH MANAGED DUR MUN I | COM | 76882H105 |  | 381600 | 26500 | SH |  | SOLE |  | 0 | 0 | 26500 |
| RIVERNORTH FLEXIBLE MUN INCO | COM | 76883H104 |  | 226262 | 14430 | SH |  | SOLE |  | 0 | 0 | 14430 |
| RIVERNORTH FLEXIBLE MUNI INC | COM | 76883Y107 |  | 243540 | 18000 | SH |  | SOLE |  | 0 | 0 | 18000 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 276630 | 1074 | SH |  | SOLE |  | 0 | 0 | 1074 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 402791 | 932 | SH |  | SOLE |  | 0 | 0 | 932 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1389831 | 3634 | SH |  | SOLE |  | 0 | 0 | 3634 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 4694902 | 27676 | SH |  | SOLE |  | 0 | 0 | 27675 |
| SPDR INDEX SHS FDS | DJ GLB RL ES ETF | 78463X749 |  | 4341006 | 106137 | SH |  | SOLE |  | 0 | 0 | 106137 |
| SPDR SER TR | ICE PFD SEC ETF | 78464A292 |  | 932189 | 28403 | SH |  | SOLE |  | 0 | 0 | 28403 |
| SPDR SER TR | BBG CONV SEC ETF | 78464A359 |  | 11146416 | 173242 | SH |  | SOLE |  | 0 | 0 | 173242 |
| SPDR SER TR | PORTFOLI S | 78464A805 |  | 4526228 | 95712 | SH |  | SOLE |  | 0 | 0 | 95712 |
| SPDR SER TR | S SEMICNDCTR | 78464A862 |  | 309089 | 1848 | SH |  | SOLE |  | 0 | 0 | 1848 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 241694 | 729 | SH |  | SOLE |  | 0 | 0 | 728 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 1690572 | 3818 | SH |  | SOLE |  | 0 | 0 | 3818 |
| SPDR SER TR | NUVEEN BLMBRG MU | 78468R721 |  | 401684 | 8805 | SH |  | SOLE |  | 0 | 0 | 8805 |
| SPDR SER TR | NUVEEN BLMBRG SH | 78468R739 |  | 314719 | 6699 | SH |  | SOLE |  | 0 | 0 | 6699 |
| SPDR SER TR | RUSSELL YIELD | 78468R770 |  | 2731261 | 29149 | SH |  | SOLE |  | 0 | 0 | 29149 |
| SPDR SER TR | PRTFLO S HI | 78468R788 |  | 3557622 | 89884 | SH |  | SOLE |  | 0 | 0 | 89884 |
| SALESFORCE INC | COM | 79466L302 |  | 415139 | 3131 | SH |  | SOLE |  | 0 | 0 | 3131 |
| SANOFI | SPONSORED ADR | 80105N105 |  | 515053 | 10635 | SH |  | SOLE |  | 0 | 0 | 10635 |
| SAUL CTRS INC | COM | 804395101 |  | 760168 | 18687 | SH |  | SOLE |  | 0 | 0 | 18686 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 15627392 | 281271 | SH |  | SOLE |  | 0 | 0 | 281270 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 17346806 | 262751 | SH |  | SOLE |  | 0 | 0 | 262750 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 3422340 | 45305 | SH |  | SOLE |  | 0 | 0 | 45305 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 300925 | 6592 | SH |  | SOLE |  | 0 | 0 | 6592 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 384154 | 5153 | SH |  | SOLE |  | 0 | 0 | 5152 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 307842 | 3519 | SH |  | SOLE |  | 0 | 0 | 3519 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 1827872 | 14689 | SH |  | SOLE |  | 0 | 0 | 14688 |
| SIRIUS XM HOLDINGS INC | COM | 82968B103 |  | 100103 | 17141 | SH |  | SOLE |  | 0 | 0 | 17141 |
| SOUTHERN CO | COM | 842587107 |  | 480175 | 6724 | SH |  | SOLE |  | 0 | 0 | 6724 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 563242 | 16728 | SH |  | SOLE |  | 0 | 0 | 16728 |
| STARBUCKS CORP | COM | 855244109 |  | 651464 | 6567 | SH |  | SOLE |  | 0 | 0 | 6567 |
| SUNOCO LP/SUNOCO FIN CORP | COM UT REP LP | 86765K109 |  | 1097043 | 25453 | SH |  | SOLE |  | 0 | 0 | 25453 |
| SYSCO CORP | COM | 871829107 |  | 404961 | 5297 | SH |  | SOLE |  | 0 | 0 | 5297 |
| TARGET CORP | COM | 87612E106 |  | 308506 | 2070 | SH |  | SOLE |  | 0 | 0 | 2069 |
| TESLA INC | COM | 88160R101 |  | 579931 | 4708 | SH |  | SOLE |  | 0 | 0 | 4708 |
| TEXAS INSTRS INC | COM | 882508104 |  | 282620 | 1711 | SH |  | SOLE |  | 0 | 0 | 1709 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 267910 | 486 | SH |  | SOLE |  | 0 | 0 | 486 |
| 3M CO | COM | 88579Y101 |  | 872260 | 7274 | SH |  | SOLE |  | 0 | 0 | 7273 |
| TOWNEBANK PORTSMOUTH VA | COM | 89214P109 |  | 399810 | 12964 | SH |  | SOLE |  | 0 | 0 | 12964 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 5484380 | 127455 | SH |  | SOLE |  | 0 | 0 | 127454 |
| US BANCORP DEL | COM NEW | 902973304 |  | 2843347 | 65199 | SH |  | SOLE |  | 0 | 0 | 65198 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 9760671 | 193856 | SH |  | SOLE |  | 0 | 0 | 193856 |
| UNION PAC CORP | COM | 907818108 |  | 1733911 | 8374 | SH |  | SOLE |  | 0 | 0 | 8372 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 417980 | 11087 | SH |  | SOLE |  | 0 | 0 | 11087 |

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