# EDGAR Filing Document

**Accession Number:** 0001794935
**File Stem:** 0001794935-25-000005
**Filing Date:** 2025-7
**Character Count:** 23153
**Document Hash:** 1ccd40ec2a2657e65c6187e7fff18d0f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001794935-25-000005.hdr.sgml**: 20250708

**ACCESSION NUMBER**: 0001794935-25-000005

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250708

**DATE AS OF CHANGE**: 20250708

**EFFECTIVENESS DATE**: 20250708

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Heartwood Wealth Advisors LLC
- **CENTRAL INDEX KEY:** 0001794935

**ORGANIZATION NAME:**
- **EIN:** 461418604
- **STATE OF INCORPORATION:** VA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19722
- **FILM NUMBER:** 251110113

**BUSINESS ADDRESS:**
- **STREET 1:** 9020 STONY POINT PKWY STE 225
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235
- **BUSINESS PHONE:** 8042698711

**MAIL ADDRESS:**
- **STREET 1:** 9020 STONY POINT PKWY STE 225
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** Heartwood Wealth Advisors LLC<br>**Address:** 9020 STONY POINT PKWY STE 225<br>RICHMOND, VA 23235

**Form 13F File Number:** 028-19722

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:** Wes Kaufman<br>**Title:** CCO<br>**Phone:** 8042698715

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

Wes Kaufman  RICHMOND, VA  07-08-2025<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:** 183

**Form 13F Information Table Value Total:** $957633000

      (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 |  | 2391351 | 10900 | SH |  | SOLE | 0 | 130 | 0 | 10770 |
| TECHNOLOGY SELECT SECTOR SPDR FUND | ETF | 81369Y803 |  | 2775907 | 10962 | SH |  | SOLE | 0 | 0 | 0 | 10962 |
| SPDR PORTFOLIO AGGREGATE BOND ETF | ETF | 78464A649 |  | 376422 | 14704 | SH |  | SOLE | 0 | 0 | 0 | 14704 |
| ISHARES CORE INTERNATIONAL AGGREGATE BOND ETF | ETF | 46435G672 |  | 659368 | 12906 | SH |  | SOLE | 0 | 0 | 0 | 12906 |
| SPDR PORTFOLIO S 500 HIGH DIVIDEND ETF | ETF | 78468R788 |  | 4966329 | 117020 | SH |  | SOLE | 0 | 17667 | 0 | 99353 |
| JOHNSON  JOHNSON COM | Stock | 478160104 |  | 1744558 | 11421 | SH |  | SOLE | 0 | 2296 | 0 | 9125 |
| SCHWAB 1000 INDEX ETF | ETF | 808524722 |  | 356081 | 11941 | SH |  | SOLE | 0 | 0 | 0 | 11941 |
| VANGUARD TOTAL STOCK MARKET ETF | ETF | 922908769 |  | 334627 | 1101 | SH |  | SOLE | 0 | 0 | 0 | 1101 |
| VANGUARD ENERGY ETF | ETF | 92204A306 |  | 464568 | 3900 | SH |  | SOLE | 0 | 1900 | 0 | 2000 |
| VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF | ETF | 921946794 |  | 4521729 | 56444 | SH |  | SOLE | 0 | 13405 | 0 | 43039 |
| COSTCO WHSL CORP NEW COM | Stock | 22160K105 |  | 1405722 | 1420 | SH |  | SOLE | 0 | 228 | 0 | 1192 |
| WATSCO INC COM | Stock | 942622200 |  | 336073 | 761 | SH |  | SOLE | 0 | 0 | 0 | 761 |
| ISHARES LATIN AMERICA 40 ETF | ETF | 464287390 |  | 606762 | 23150 | SH |  | SOLE | 0 | 0 | 0 | 23150 |
| PROCTER AND GAMBLE CO COM | Stock | 742718109 |  | 1541580 | 9676 | SH |  | SOLE | 0 | 1915 | 0 | 7761 |
| COCA COLA CO COM | Stock | 191216100 |  | 1426320 | 20160 | SH |  | SOLE | 0 | 4950 | 0 | 15210 |
| FIRST TRUST MORNINGSTAR DIVIDEND LEADERS INDEX FUND | ETF | 336917109 |  | 261520 | 6246 | SH |  | SOLE | 0 | 0 | 0 | 6246 |
| ISHARES U.S. ENERGY ETF | ETF | 464287796 |  | 699644 | 15472 | SH |  | SOLE | 0 | 0 | 0 | 15472 |
| TRUIST FINL CORP COM | Stock | 89832Q109 |  | 241260 | 5612 | SH |  | SOLE | 0 | 500 | 0 | 5112 |
| UNITED PARCEL SERVICE INC CL B | Stock | 911312106 |  | 276878 | 2743 | SH |  | SOLE | 0 | 0 | 0 | 2743 |
| ISHARES SILVER TRUST | ETF | 46428Q109 |  | 200239 | 6103 | SH |  | SOLE | 0 | 6103 | 0 | 0 |
| MERCK  CO INC COM | Stock | 58933Y105 |  | 816931 | 10320 | SH |  | SOLE | 0 | 1909 | 0 | 8411 |
| ISHARES SHORT-TERM NATIONAL MUNI BOND ETF | ETF | 464288158 |  | 10406858 | 97864 | SH |  | SOLE | 0 | 6514 | 0 | 91350 |
| SPDR S 500 ETF TRUST | ETF | 78462F103 |  | 1424968 | 2306 | SH |  | SOLE | 0 | 825 | 0 | 1481 |
| MASTERCARD INCORPORATED CL A | Stock | 57636Q104 |  | 271417 | 483 | SH |  | SOLE | 0 | 0 | 0 | 483 |
| FEDERAL SIGNAL CORP COM | Stock | 313855108 |  | 266050 | 2500 | SH |  | SOLE | 0 | 0 | 0 | 2500 |
| ISHARES TIPS BOND ETF | ETF | 464287176 |  | 16859228 | 153210 | SH |  | SOLE | 0 | 4851 | 0 | 148359 |
| VERTEX PHARMACEUTICALS INC COM | Stock | 92532F100 |  | 252874 | 568 | SH |  | SOLE | 0 | 0 | 0 | 568 |
| HOWMET AEROSPACE INC COM | Stock | 443201108 |  | 897519 | 4822 | SH |  | SOLE | 0 | 0 | 0 | 4822 |
| INVESCO S SMALLCAP HIGH DIVIDEND LOW VOLATILITY ETF | ETF | 46138E131 |  | 1639336 | 121757 | SH |  | SOLE | 0 | 22309 | 0 | 99448 |
| VERIZON COMMUNICATIONS INC COM | Stock | 92343V104 |  | 1174824 | 27151 | SH |  | SOLE | 0 | 4790 | 0 | 22361 |
| FEDEX CORP COM | Stock | 31428X106 |  | 308005 | 1355 | SH |  | SOLE | 0 | 0 | 0 | 1355 |
| PEPSICO INC COM | Stock | 713448108 |  | 925732 | 7011 | SH |  | SOLE | 0 | 1008 | 0 | 6003 |
| TRANE TECHNOLOGIES PLC SHS | Stock | G8994E103 |  | 244075 | 558 | SH |  | SOLE | 0 | 298 | 0 | 260 |
| HOME DEPOT INC COM | Stock | 437076102 |  | 988461 | 2696 | SH |  | SOLE | 0 | 1215 | 0 | 1481 |
| AUTOMATIC DATA PROCESSING INC COM | Stock | 053015103 |  | 420658 | 1364 | SH |  | SOLE | 0 | 0 | 0 | 1364 |
| HEALTH CARE SELECT SECTOR SPDR FUND | ETF | 81369Y209 |  | 1060797 | 7870 | SH |  | SOLE | 0 | 0 | 0 | 7870 |
| SPDR GOLD SHARES | ETF | 78463V107 |  | 1607978 | 5275 | SH |  | SOLE | 0 | 0 | 0 | 5275 |
| SCHWAB U.S. SMALL-CAP ETF | ETF | 808524607 |  | 1016807 | 40190 | SH |  | SOLE | 0 | 0 | 0 | 40190 |
| ISHARES RUSSELL 1000 GROWTH ETF | ETF | 464287614 |  | 1238075 | 2916 | SH |  | SOLE | 0 | 1850 | 0 | 1066 |
| SCHWAB U.S. BROAD MARKET ETF | ETF | 808524102 |  | 309623 | 12993 | SH |  | SOLE | 0 | 0 | 0 | 12993 |
| SCHWAB INTERNATIONAL EQUITY ETF | ETF | 808524805 |  | 1150835 | 52074 | SH |  | SOLE | 0 | 1394 | 0 | 50680 |
| SCHWAB U.S. LARGE-CAP ETF | ETF | 808524201 |  | 1461512 | 59800 | SH |  | SOLE | 0 | 0 | 0 | 59800 |
| IQVIA HLDGS INC COM | Stock | 46266C105 |  | 290911 | 1846 | SH |  | SOLE | 0 | 0 | 0 | 1846 |
| ISHARES CORE S SMALL CAP ETF | ETF | 464287804 |  | 2681513 | 24536 | SH |  | SOLE | 0 | 309 | 0 | 24226 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | Stock | 084670702 |  | 4359786 | 8975 | SH |  | SOLE | 0 | 320 | 0 | 8655 |
| SCHWAB EMERGING MARKETS EQUITY ETF | ETF | 808524706 |  | 46133218 | 1530631 | SH |  | SOLE | 0 | 71160 | 0 | 1459471 |
| VANGUARD SHORT-TERM CORPORATE BOND ETF | ETF | 92206C409 |  | 491628 | 6184 | SH |  | SOLE | 0 | 0 | 0 | 6184 |
| ALPHABET INC CAP STK CL A | Stock | 02079K305 |  | 1672070 | 9488 | SH |  | SOLE | 0 | 0 | 0 | 9488 |
| MICROSOFT CORP COM | Stock | 594918104 |  | 4456296 | 8959 | SH |  | SOLE | 0 | 596 | 0 | 8363 |
| INVESCO CEF INCOME COMPOSITE ETF | ETF | 46138E404 |  | 683900 | 35000 | SH |  | SOLE | 0 | 35000 | 0 | 0 |
| VANGUARD SMALL-CAP ETF | ETF | 922908751 |  | 81987260 | 345967 | SH |  | SOLE | 0 | 16526 | 0 | 329441 |
| VANGUARD MID-CAP ETF | ETF | 922908629 |  | 38215823 | 136568 | SH |  | SOLE | 0 | 8530 | 0 | 128038 |
| VANGUARD LARGE-CAP ETF | ETF | 922908637 |  | 100476383 | 352178 | SH |  | SOLE | 0 | 18781 | 0 | 333397 |
| NEXTERA ENERGY INC COM | Stock | 65339F101 |  | 487537 | 7023 | SH |  | SOLE | 0 | 26 | 0 | 6997 |
| TESLA INC COM | Stock | 88160R101 |  | 216962 | 683 | SH |  | SOLE | 0 | 0 | 0 | 683 |
| ISHARES MSCI EMERGING MARKETS EX CHINA ETF | ETF | 46434G764 |  | 457891 | 7252 | SH |  | SOLE | 0 | 0 | 0 | 7252 |
| NORFOLK SOUTHN CORP COM | Stock | 655844108 |  | 235748 | 921 | SH |  | SOLE | 0 | 35 | 0 | 886 |
| ALERIAN MLP ETF | ETF | 00162Q452 |  | 1745817 | 35731 | SH |  | SOLE | 0 | 6572 | 0 | 29159 |
| VANGUARD CONSUMER STAPLES ETF | ETF | 92204A207 |  | 275721 | 1259 | SH |  | SOLE | 0 | 500 | 0 | 759 |
| BROOKFIELD CORP CL A LTD VT SH | Stock | 11271J107 |  | 378002 | 6119 | SH |  | SOLE | 0 | 0 | 0 | 6119 |
| KKR  CO INC COM | Stock | 48251W104 |  | 229211 | 1723 | SH |  | SOLE | 0 | 0 | 0 | 1723 |
| VANGUARD S 500 ETF | ETF | 922908363 |  | 543605 | 957 | SH |  | SOLE | 0 | 500 | 0 | 457 |
| UBER TECHNOLOGIES INC COM | Stock | 90353T100 |  | 606263 | 6498 | SH |  | SOLE | 0 | 0 | 0 | 6498 |
| ISHARES IBONDS DEC 2028 TERM MUNI BOND ETF | ETF | 46435U325 |  | 6425757 | 252883 | SH |  | SOLE | 0 | 15219 | 0 | 237664 |
| SPDR S MIDCAP 400 ETF TRUST | ETF | 78467Y107 |  | 390267 | 689 | SH |  | SOLE | 0 | 28 | 0 | 660 |
| ISHARES IBONDS DEC 2027 TERM MUNI BOND ETF | ETF | 46435U283 |  | 19109819 | 753839 | SH |  | SOLE | 0 | 45102 | 0 | 708737 |
| VANECK GOLD MINERS ETF | ETF | 92189F106 |  | 268369 | 5155 | SH |  | SOLE | 0 | 0 | 0 | 5155 |
| AIR PRODS  CHEMS INC COM | Stock | 009158106 |  | 224520 | 796 | SH |  | SOLE | 0 | 377 | 0 | 419 |
| SCHWAB U.S. MID-CAP ETF | ETF | 808524508 |  | 500945 | 17859 | SH |  | SOLE | 0 | 0 | 0 | 17859 |
| INVESCO KBW PREMIUM YIELD EQUITY REIT ETF | ETF | 46138E594 |  | 1709002 | 108646 | SH |  | SOLE | 0 | 25427 | 0 | 83219 |
| SP FUNDS DOW JONES GLOBAL SUKUK ETF | ETF | 886364702 |  | 279477 | 15339 | SH |  | SOLE | 0 | 0 | 0 | 15339 |
| ISHARES RUSSELL 2000 ETF | ETF | 464287655 |  | 891428 | 4131 | SH |  | SOLE | 0 | 1544 | 0 | 2587 |
| DUKE ENERGY CORP NEW COM NEW | Stock | 26441C204 |  | 356478 | 3021 | SH |  | SOLE | 0 | 1412 | 0 | 1609 |
| AFLAC INC COM | Stock | 001055102 |  | 201007 | 1906 | SH |  | SOLE | 0 | 1900 | 0 | 6 |
| QUANTA SVCS INC COM | Stock | 74762E102 |  | 1059758 | 2803 | SH |  | SOLE | 0 | 0 | 0 | 2803 |
| ISHARES SELECT DIVIDEND ETF | ETF | 464287168 |  | 585559 | 4409 | SH |  | SOLE | 0 | 2449 | 0 | 1960 |
| VANGUARD SMALL CAP VALUE ETF | ETF | 922908611 |  | 2932560 | 15038 | SH |  | SOLE | 0 | 0 | 0 | 15038 |
| VANGUARD RUSSELL 1000 ETF | ETF | 92206C730 |  | 39459145 | 140494 | SH |  | SOLE | 0 | 4825 | 0 | 135669 |
| SPDR NUVEEN ICE HIGH YIELD MUNICIPAL BOND ETF | ETF | 78464A284 |  | 909773 | 36714 | SH |  | SOLE | 0 | 0 | 0 | 36714 |
| VANGUARD MID-CAP GROWTH ETF | ETF | 922908538 |  | 1138982 | 4005 | SH |  | SOLE | 0 | 0 | 0 | 4005 |
| XYLEM INC COM | Stock | 98419M100 |  | 348884 | 2697 | SH |  | SOLE | 0 | 2300 | 0 | 397 |
| VISA INC COM CL A | Stock | 92826C839 |  | 1423751 | 4010 | SH |  | SOLE | 0 | 1193 | 0 | 2817 |
| DIMENSIONAL U.S. SMALL CAP ETF | ETF | 25434V500 |  | 337790 | 5302 | SH |  | SOLE | 0 | 0 | 0 | 5302 |
| GOLDMAN SACHS FUTURE TECH LEADERS EQUITY ETF | ETF | 38149W812 |  | 19896821 | 551464 | SH |  | SOLE | 0 | 25389 | 0 | 526075 |
| ISHARES MSCI INDIA ETF | ETF | 46429B598 |  | 535085 | 9610 | SH |  | SOLE | 0 | 0 | 0 | 9610 |
| VANGUARD SMALL-CAP GROWTH ETF | ETF | 922908595 |  | 708966 | 2560 | SH |  | SOLE | 0 | 0 | 0 | 2560 |
| VANGUARD VALUE ETF | ETF | 922908744 |  | 19836237 | 112234 | SH |  | SOLE | 0 | 0 | 0 | 112234 |
| VANGUARD GROWTH ETF | ETF | 922908736 |  | 17445251 | 39793 | SH |  | SOLE | 0 | 82 | 0 | 39711 |
| AMERICAN TOWER CORP NEW COM | REIT | 03027X100 |  | 383028 | 1733 | SH |  | SOLE | 0 | 515 | 0 | 1218 |
| ISHARES CORE S TOTAL U.S. STOCK MARKET ETF | ETF | 464287150 |  | 372845 | 2761 | SH |  | SOLE | 0 | 1854 | 0 | 907 |
| META PLATFORMS INC CL A | Stock | 30303M102 |  | 722590 | 979 | SH |  | SOLE | 0 | 9 | 0 | 970 |
| GLOBAL X MLP ETF | ETF | 37954Y343 |  | 259383 | 5167 | SH |  | SOLE | 0 | 5167 | 0 | 0 |
| PALO ALTO NETWORKS INC COM | Stock | 697435105 |  | 893458 | 4366 | SH |  | SOLE | 0 | 0 | 0 | 4366 |
| BROADCOM INC COM | Stock | 11135F101 |  | 484593 | 1758 | SH |  | SOLE | 0 | 250 | 0 | 1508 |
| SCHWAB MUNICIPAL BOND ETF | ETF | 808524649 |  | 232739 | 9243 | SH |  | SOLE | 0 | 0 | 0 | 9243 |
| MARTIN MARIETTA MATLS INC COM | Stock | 573284106 |  | 226720 | 413 | SH |  | SOLE | 0 | 245 | 0 | 168 |
| NVIDIA CORPORATION COM | Stock | 67066G104 |  | 974166 | 6166 | SH |  | SOLE | 0 | 0 | 0 | 6166 |
| ISHARES 1-5 YEAR INVESTMENT GRADE CORPORATE BOND ETF | ETF | 464288646 |  | 327956 | 6216 | SH |  | SOLE | 0 | 0 | 0 | 6216 |
| CUMMINS INC COM | Stock | 231021106 |  | 311780 | 952 | SH |  | SOLE | 0 | 950 | 0 | 2 |
| ABBVIE INC COM | Stock | 00287Y109 |  | 223301 | 1203 | SH |  | SOLE | 0 | 266 | 0 | 937 |
| SPDR S METALS  MINING ETF | ETF | 78464A755 |  | 1731991 | 25766 | SH |  | SOLE | 0 | 0 | 0 | 25766 |
| CURTISS WRIGHT CORP COM | Stock | 231561101 |  | 464123 | 950 | SH |  | SOLE | 0 | 950 | 0 | 0 |
| ISHARES RUSSELL 2000 GROWTH ETF | ETF | 464287648 |  | 281572 | 985 | SH |  | SOLE | 0 | 0 | 0 | 985 |
| AMPLIFY JUNIOR SILVER MINERS ETF | ETF | 032108649 |  | 1226106 | 82845 | SH |  | SOLE | 0 | 5882 | 0 | 76963 |
| JACOBS SOLUTIONS INC COM | Stock | 46982L108 |  | 234507 | 1784 | SH |  | SOLE | 0 | 0 | 0 | 1784 |
| STRYKER CORPORATION COM | Stock | 863667101 |  | 317691 | 803 | SH |  | SOLE | 0 | 545 | 0 | 258 |
| GENERAL DYNAMICS CORP COM | Stock | 369550108 |  | 261327 | 896 | SH |  | SOLE | 0 | 500 | 0 | 396 |
| RESMED INC COM | Stock | 761152107 |  | 599334 | 2323 | SH |  | SOLE | 0 | 950 | 0 | 1373 |
| MCDONALDS CORP COM | Stock | 580135101 |  | 2071485 | 7090 | SH |  | SOLE | 0 | 1822 | 0 | 5268 |
| GLOBAL X URANIUM ETF | ETF | 37954Y871 |  | 24587222 | 633528 | SH |  | SOLE | 0 | 25412 | 0 | 608116 |
| CISCO SYS INC COM | Stock | 17275R102 |  | 1623839 | 23405 | SH |  | SOLE | 0 | 4305 | 0 | 19100 |
| VANGUARD TOTAL INTERNATIONAL BOND ETF | ETF | 92203J407 |  | 652443 | 13178 | SH |  | SOLE | 0 | 0 | 0 | 13178 |
| CAPITAL ONE FINL CORP COM | Stock | 14040H105 |  | 297651 | 1399 | SH |  | SOLE | 0 | 0 | 0 | 1399 |
| VANECK JUNIOR GOLD MINERS ETF | ETF | 92189F791 |  | 43900111 | 649506 | SH |  | SOLE | 0 | 28852 | 0 | 620654 |
| VANGUARD INTERMEDIATE-TERM TAX-EXEMPT BOND ETF | ETF | 922907738 |  | 8818755 | 89476 | SH |  | SOLE | 0 | 3813 | 0 | 85663 |
| VANGUARD INTERMEDIATE-TERM BOND ETF | ETF | 921937819 |  | 16726399 | 216271 | SH |  | SOLE | 0 | 6988 | 0 | 209283 |
| SPDR PORTFOLIO SHORT TERM TREASURY ETF | ETF | 78468R101 |  | 24476950 | 835676 | SH |  | SOLE | 0 | 26335 | 0 | 809341 |
| ISHARES S SMALL-CAP 600 GROWTH ETF | ETF | 464287887 |  | 22399945 | 168370 | SH |  | SOLE | 0 | 8456 | 0 | 159914 |
| CONSUMER DISCRETIONARY SELECT SECTOR SPDR FUND | ETF | 81369Y407 |  | 341425 | 1571 | SH |  | SOLE | 0 | 0 | 0 | 1571 |
| INVESCO S ULTRA DIVIDEND REVENUE ETF | ETF | 46138G656 |  | 34023216 | 711039 | SH |  | SOLE | 0 | 43308 | 0 | 667731 |
| FIDELITY MSCI ENERGY INDEX ETF | ETF | 316092402 |  | 220641 | 9409 | SH |  | SOLE | 0 | 0 | 0 | 9409 |
| SPDR SSGA MY2028 CORPORATE BOND ETF | ETF | 78470P796 |  | 8244539 | 329189 | SH |  | SOLE | 0 | 10521 | 0 | 318668 |
| SPDR SSGA MY2029 CORPORATE BOND ETF | ETF | 78470P788 |  | 8289377 | 332173 | SH |  | SOLE | 0 | 10620 | 0 | 321553 |
| SPDR SSGA MY2030 CORPORATE BOND ETF | ETF | 78470P770 |  | 8347883 | 335356 | SH |  | SOLE | 0 | 10719 | 0 | 324637 |
| SPDR SSGA MY2030 MUNICIPAL BOND ETF | ETF | 78470P671 |  | 5590228 | 228359 | SH |  | SOLE | 0 | 14204 | 0 | 214155 |
| LAMAR ADVERTISING CO NEW CL A | REIT | 512816109 |  | 231069 | 1904 | SH |  | SOLE | 0 | 0 | 0 | 1904 |
| SPDR SSGA MY2029 MUNICIPAL BOND ETF | ETF | 78470P689 |  | 5586351 | 228855 | SH |  | SOLE | 0 | 14246 | 0 | 214609 |
| WELLS FARGO CO NEW COM | Stock | 949746101 |  | 259909 | 3244 | SH |  | SOLE | 0 | 0 | 0 | 3244 |
| UNION PAC CORP COM | Stock | 907818108 |  | 1342517 | 5835 | SH |  | SOLE | 0 | 1000 | 0 | 4835 |
| CINTAS CORP COM | Stock | 172908105 |  | 253626 | 1138 | SH |  | SOLE | 0 | 0 | 0 | 1138 |
| VANGUARD MID-CAP VALUE ETF | ETF | 922908512 |  | 890880 | 5417 | SH |  | SOLE | 0 | 0 | 0 | 5417 |
| JPMORGAN CHASE  CO. COM | Stock | 46625H100 |  | 2133448 | 7359 | SH |  | SOLE | 0 | 914 | 0 | 6445 |
| ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF | ETF | 464288638 |  | 328906 | 6172 | SH |  | SOLE | 0 | 0 | 0 | 6172 |
| CHEVRON CORP NEW COM | Stock | 166764100 |  | 1199646 | 8378 | SH |  | SOLE | 0 | 1408 | 0 | 6970 |
| ISHARES NATIONAL MUNI BOND ETF | ETF | 464288414 |  | 1280611 | 12257 | SH |  | SOLE | 0 | 690 | 0 | 11567 |
| MARKEL GROUP INC COM | Stock | 570535104 |  | 387488 | 194 | SH |  | SOLE | 0 | 0 | 0 | 194 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | ETF | 921943858 |  | 50514110 | 886057 | SH |  | SOLE | 0 | 47497 | 0 | 838560 |
| M  T BK CORP COM | Stock | 55261F104 |  | 226968 | 1170 | SH |  | SOLE | 0 | 0 | 0 | 1170 |
| TJX COS INC NEW COM | Stock | 872540109 |  | 375039 | 3037 | SH |  | SOLE | 0 | 1900 | 0 | 1137 |
| BANK AMERICA CORP COM | Stock | 060505104 |  | 349647 | 7389 | SH |  | SOLE | 0 | 0 | 0 | 7389 |
| SPDR S DIVIDEND ETF | ETF | 78464A763 |  | 396603 | 2922 | SH |  | SOLE | 0 | 875 | 0 | 2047 |
| WALMART INC COM | Stock | 931142103 |  | 841690 | 8608 | SH |  | SOLE | 0 | 3033 | 0 | 5575 |
| ISHARES INTERNATIONAL SELECT DIVIDEND ETF | ETF | 464288448 |  | 5371136 | 155640 | SH |  | SOLE | 0 | 27599 | 0 | 128041 |
| INTERNATIONAL BUSINESS MACHS COM | Stock | 459200101 |  | 1550248 | 5259 | SH |  | SOLE | 0 | 916 | 0 | 4343 |
| ORACLE CORP COM | Stock | 68389X105 |  | 958255 | 4383 | SH |  | SOLE | 0 | 175 | 0 | 4208 |
| RTX CORPORATION COM | Stock | 75513E101 |  | 405498 | 2777 | SH |  | SOLE | 0 | 276 | 0 | 2501 |
| VANGUARD FTSE EMERGING MARKETS ETF | ETF | 922042858 |  | 3889809 | 78646 | SH |  | SOLE | 0 | 270 | 0 | 78375 |
| VANGUARD HIGH DIVIDEND YIELD INDEX ETF | ETF | 921946406 |  | 34846834 | 261397 | SH |  | SOLE | 0 | 25957 | 0 | 235440 |
| PFIZER INC COM | Stock | 717081103 |  | 337445 | 13921 | SH |  | SOLE | 0 | 2660 | 0 | 11261 |
| ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF | ETF | 464287242 |  | 8464194 | 77221 | SH |  | SOLE | 0 | 2445 | 0 | 74776 |
| CATERPILLAR INC COM | Stock | 149123101 |  | 1154925 | 2975 | SH |  | SOLE | 0 | 1500 | 0 | 1475 |
| ALPHABET INC CAP STK CL C | Stock | 02079K107 |  | 1860112 | 10486 | SH |  | SOLE | 0 | 2280 | 0 | 8206 |
| AMERICAN EXPRESS CO COM | Stock | 025816109 |  | 373845 | 1172 | SH |  | SOLE | 0 | 233 | 0 | 939 |
| AMGEN INC COM | Stock | 031162100 |  | 1344117 | 4814 | SH |  | SOLE | 0 | 1182 | 0 | 3632 |
| APPLIED MATLS INC COM | Stock | 038222105 |  | 341975 | 1868 | SH |  | SOLE | 0 | 1000 | 0 | 868 |
| FIDELITY NATIONAL FINANCIAL IN COM SHS | Stock | 31620R303 |  | 269200 | 4802 | SH |  | SOLE | 0 | 0 | 0 | 4802 |
| ISHARES CORE U.S. AGGREGATE BOND ETF | ETF | 464287226 |  | 25301059 | 255051 | SH |  | SOLE | 0 | 8021 | 0 | 247030 |
| ISHARES 20 YEAR TREASURY BOND ETF | ETF | 464287432 |  | 9128966 | 103444 | SH |  | SOLE | 0 | 3146 | 0 | 100298 |
| SPDR PORTFOLIO S 500 ETF | ETF | 78464A854 |  | 354436 | 4876 | SH |  | SOLE | 0 | 0 | 0 | 4876 |
| EATON CORP PLC SHS | Stock | G29183103 |  | 376267 | 1054 | SH |  | SOLE | 0 | 14 | 0 | 1040 |
| ISHARES S SMALL-CAP 600 VALUE ETF | ETF | 464287879 |  | 21548340 | 216588 | SH |  | SOLE | 0 | 10328 | 0 | 206260 |
| ISHARES S MID-CAP 400 GROWTH ETF | ETF | 464287606 |  | 915168 | 10059 | SH |  | SOLE | 0 | 0 | 0 | 10059 |
| ISHARES S MID-CAP 400 VALUE ETF | ETF | 464287705 |  | 361842 | 2928 | SH |  | SOLE | 0 | 0 | 0 | 2928 |
| PHILIP MORRIS INTL INC COM | Stock | 718172109 |  | 611593 | 3358 | SH |  | SOLE | 0 | 1000 | 0 | 2358 |
| VANGUARD MEGA CAP GROWTH ETF | ETF | 921910816 |  | 905172 | 2472 | SH |  | SOLE | 0 | 2163 | 0 | 309 |
| VANGUARD MEGA CAP ETF | ETF | 921910873 |  | 2212313 | 9836 | SH |  | SOLE | 0 | 0 | 0 | 9836 |
| SPDR DOW JONES REIT ETF | ETF | 78464A607 |  | 245536 | 2546 | SH |  | SOLE | 0 | 1787 | 0 | 759 |
| SPDR S INTERNATIONAL DIVIDEND ETF | ETF | 78463X772 |  | 1049788 | 24906 | SH |  | SOLE | 0 | 16060 | 0 | 8846 |
| ALTRIA GROUP INC COM | Stock | 02209S103 |  | 225608 | 3848 | SH |  | SOLE | 0 | 1345 | 0 | 2503 |
| EXXON MOBIL CORP COM | Stock | 30231G102 |  | 1018171 | 9445 | SH |  | SOLE | 0 | 1000 | 0 | 8445 |
| LOWES COS INC COM | Stock | 548661107 |  | 1119334 | 5045 | SH |  | SOLE | 0 | 0 | 0 | 5045 |
| DEERE  CO COM | Stock | 244199105 |  | 411368 | 809 | SH |  | SOLE | 0 | 0 | 0 | 809 |
| COLGATE PALMOLIVE CO COM | Stock | 194162103 |  | 420503 | 4626 | SH |  | SOLE | 0 | 2000 | 0 | 2626 |
| SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF | ETF | 78463X889 |  | 4610637 | 113871 | SH |  | SOLE | 0 | 14000 | 0 | 99871 |
| ISHARES CORE S MID-CAP ETF | ETF | 464287507 |  | 235118 | 3791 | SH |  | SOLE | 0 | 0 | 0 | 3791 |
| VANGUARD TAX-EXEMPT BOND ETF | ETF | 922907746 |  | 19269035 | 393005 | SH |  | SOLE | 0 | 32489 | 0 | 360516 |
| ISHARES MSCI EAFE ETF | ETF | 464287465 |  | 17532936 | 196140 | SH |  | SOLE | 0 | 320 | 0 | 195819 |
| APPLE INC COM | Stock | 037833100 |  | 4251943 | 20724 | SH |  | SOLE | 0 | 3005 | 0 | 17719 |
| DISNEY WALT CO COM | Stock | 254687106 |  | 325278 | 2623 | SH |  | SOLE | 0 | 375 | 0 | 2248 |
| VANGUARD TOTAL WORLD STOCK ETF | ETF | 922042742 |  | 295119 | 2296 | SH |  | SOLE | 0 | 0 | 0 | 2296 |
| BOOKING HOLDINGS INC COM | Stock | 09857L108 |  | 642606 | 111 | SH |  | SOLE | 0 | 0 | 0 | 111 |
| ISHARES RUSSELL 1000 ETF | ETF | 464287622 |  | 989167 | 2913 | SH |  | SOLE | 0 | 2157 | 0 | 756 |
| ISHARES RUSSELL 1000 VALUE ETF | ETF | 464287598 |  | 437600 | 2253 | SH |  | SOLE | 0 | 1159 | 0 | 1094 |

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