# EDGAR Filing Document

**Accession Number:** 0001910273
**File Stem:** 0001951757-23-000020
**Filing Date:** 2023-1
**Character Count:** 17091
**Document Hash:** 923c665045d64cc785448aa2ba4b0be6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001951757-23-000020.hdr.sgml**: 20230119

**ACCESSION NUMBER**: 0001951757-23-000020

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230119

**DATE AS OF CHANGE**: 20230119

**EFFECTIVENESS DATE**: 20230119

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Advisory Group, LLC
- **CENTRAL INDEX KEY:** 0001910273
- **IRS NUMBER:** 043420668
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21817
- **FILM NUMBER:** 23537208

**BUSINESS ADDRESS:**
- **STREET 1:** 51 MILL STREET
- **STREET 2:** BUILDING D, SUITE 101
- **CITY:** HANOVER
- **STATE:** MA
- **ZIP:** 02339
- **BUSINESS PHONE:** 781-826-1235

**MAIL ADDRESS:**
- **STREET 1:** 51 MILL STREET
- **STREET 2:** BUILDING D, SUITE 101
- **CITY:** HANOVER
- **STATE:** MA
- **ZIP:** 02339

### 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:** Investment Advisory Group LLC<br>**Address:** 51 MILL STREET<br>BUILDING D SUITE 101<br>HANOVER, MA 02339

**Form 13F File Number:** 028-21817

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:** JAY RICHARDS<br>**Title:** PARTNER AND CHIEF COMPLIANCE OFFICER<br>**Phone:** 781-826-1235

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

JAY RICHARDS  HANOVER, MA  01-19-2023<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:** 136

**Form 13F Information Table Value Total:** $162947593

      (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 |
| AT INC | COM | 00206R102 |  | 303910 | 16508 | SH |  | SOLE |  | 0 | 0 | 16508 |
| ABBOTT LABS | COM | 002824100 |  | 250696 | 2283 | SH |  | SOLE |  | 0 | 0 | 2283 |
| ABBVIE INC | COM | 00287Y109 |  | 613721 | 3798 | SH |  | SOLE |  | 0 | 0 | 3798 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 605629 | 6826 | SH |  | SOLE |  | 0 | 0 | 6826 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 471148 | 5340 | SH |  | SOLE |  | 0 | 0 | 5340 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 373949 | 8181 | SH |  | SOLE |  | 0 | 0 | 8181 |
| AMAZON COM INC | COM | 023135106 |  | 1353405 | 16112 | SH |  | SOLE |  | 0 | 0 | 16112 |
| AMERICAN CENTY ETF TR | DIVERSIFID CRP | 025072109 |  | 360346 | 7950 | SH |  | SOLE |  | 0 | 0 | 7950 |
| AMETEK INC | COM | 031100100 |  | 377244 | 2700 | SH |  | SOLE |  | 0 | 0 | 2700 |
| AMGEN INC | COM | 031162100 |  | 534735 | 2036 | SH |  | SOLE |  | 0 | 0 | 2036 |
| APPLE INC | COM | 037833100 |  | 3847771 | 29614 | SH |  | SOLE |  | 0 | 0 | 29614 |
| BANK AMERICA CORP | COM | 060505104 |  | 226555 | 6840 | SH |  | SOLE |  | 0 | 0 | 6840 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 822910 | 2664 | SH |  | SOLE |  | 0 | 0 | 2664 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 236356 | 3285 | SH |  | SOLE |  | 0 | 0 | 3285 |
| CVS HEALTH CORP | COM | 126650100 |  | 242449 | 2602 | SH |  | SOLE |  | 0 | 0 | 2602 |
| CHEVRON CORP NEW | COM | 166764100 |  | 295037 | 1644 | SH |  | SOLE |  | 0 | 0 | 1644 |
| CISCO SYS INC | COM | 17275R102 |  | 274709 | 5766 | SH |  | SOLE |  | 0 | 0 | 5766 |
| COCA COLA CO | COM | 191216100 |  | 212647 | 3343 | SH |  | SOLE |  | 0 | 0 | 3343 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 325058 | 8082 | SH |  | SOLE |  | 0 | 0 | 8082 |
| DIMENSIONAL ETF TRUST | EMGR CRE EQT MNG | 25434V302 |  | 324364 | 14777 | SH |  | SOLE |  | 0 | 0 | 14777 |
| DIMENSIONAL ETF TRUST | US EQUITY ETF | 25434V401 |  | 1347691 | 32389 | SH |  | SOLE |  | 0 | 0 | 32389 |
| DIMENSIONAL ETF TRUST | US SMALL CAP ETF | 25434V500 |  | 1657378 | 32402 | SH |  | SOLE |  | 0 | 0 | 32402 |
| DIMENSIONAL ETF TRUST | INTERNATIONAL | 25434V690 |  | 341050 | 12274 | SH |  | SOLE |  | 0 | 0 | 12274 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 10724229 | 441690 | SH |  | SOLE |  | 0 | 0 | 441690 |
| DIMENSIONAL ETF TRUST | US SUSTAINABILTY | 25434V716 |  | 505286 | 20269 | SH |  | SOLE |  | 0 | 0 | 20269 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 2201846 | 65766 | SH |  | SOLE |  | 0 | 0 | 65766 |
| DIMENSIONAL ETF TRUST | SHORT DURATION F | 25434V864 |  | 279997 | 6075 | SH |  | SOLE |  | 0 | 0 | 6075 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 |  | 3648084 | 168893 | SH |  | SOLE |  | 0 | 0 | 168893 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 266656 | 3574 | SH |  | SOLE |  | 0 | 0 | 3574 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1618577 | 14674 | SH |  | SOLE |  | 0 | 0 | 14674 |
| META PLATFORMS INC | CL A | 30303M102 |  | 349106 | 2901 | SH |  | SOLE |  | 0 | 0 | 2901 |
| FIDELITY COVINGTON TRUST | MSCI HLTH CARE I | 316092600 |  | 202988 | 3173 | SH |  | SOLE |  | 0 | 0 | 3173 |
| FORTINET INC | COM | 34959E109 |  | 244450 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| HINGHAM INSTN SVGS MASS | COM | 433323102 |  | 206694 | 749 | SH |  | SOLE |  | 0 | 0 | 749 |
| HOME DEPOT INC | COM | 437076102 |  | 236110 | 748 | SH |  | SOLE |  | 0 | 0 | 748 |
| HONEYWELL INTL INC | COM | 438516106 |  | 254654 | 1188 | SH |  | SOLE |  | 0 | 0 | 1188 |
| INTEL CORP | COM | 458140100 |  | 209107 | 7912 | SH |  | SOLE |  | 0 | 0 | 7912 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 293641 | 2084 | SH |  | SOLE |  | 0 | 0 | 2084 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1082255 | 4064 | SH |  | SOLE |  | 0 | 0 | 4064 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 2932628 | 34583 | SH |  | SOLE |  | 0 | 0 | 34583 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 1982994 | 16443 | SH |  | SOLE |  | 0 | 0 | 16443 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 698810 | 6565 | SH |  | SOLE |  | 0 | 0 | 6565 |
| ISHARES TR | CORE S ETF | 464287200 |  | 6044701 | 15733 | SH |  | SOLE |  | 0 | 0 | 15733 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 743040 | 7661 | SH |  | SOLE |  | 0 | 0 | 7661 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 2108354 | 19998 | SH |  | SOLE |  | 0 | 0 | 19998 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 2975754 | 50868 | SH |  | SOLE |  | 0 | 0 | 50868 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 1592014 | 10974 | SH |  | SOLE |  | 0 | 0 | 10974 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 1431758 | 17639 | SH |  | SOLE |  | 0 | 0 | 17639 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 340354 | 3231 | SH |  | SOLE |  | 0 | 0 | 3231 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 617014 | 9148 | SH |  | SOLE |  | 0 | 0 | 9148 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 948123 | 3920 | SH |  | SOLE |  | 0 | 0 | 3920 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 709603 | 4679 | SH |  | SOLE |  | 0 | 0 | 4679 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 869346 | 4058 | SH |  | SOLE |  | 0 | 0 | 4058 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 397122 | 2864 | SH |  | SOLE |  | 0 | 0 | 2864 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 289460 | 1349 | SH |  | SOLE |  | 0 | 0 | 1349 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 321932 | 4558 | SH |  | SOLE |  | 0 | 0 | 4558 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 470189 | 6312 | SH |  | SOLE |  | 0 | 0 | 6312 |
| ISHARES TR | U.S. REAL ES ETF | 464287739 |  | 446965 | 5309 | SH |  | SOLE |  | 0 | 0 | 5309 |
| ISHARES TR | U.S. FINLS ETF | 464287788 |  | 211911 | 2808 | SH |  | SOLE |  | 0 | 0 | 2808 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 7489594 | 79138 | SH |  | SOLE |  | 0 | 0 | 79138 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 304318 | 3598 | SH |  | SOLE |  | 0 | 0 | 3598 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 272599 | 2583 | SH |  | SOLE |  | 0 | 0 | 2583 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 2410479 | 48384 | SH |  | SOLE |  | 0 | 0 | 48384 |
| ISHARES TR | SHORT TREAS BD | 464288679 |  | 570485 | 5190 | SH |  | SOLE |  | 0 | 0 | 5190 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 521118 | 17069 | SH |  | SOLE |  | 0 | 0 | 17069 |
| ISHARES TR | MODERT ALLOC ETF | 464289875 |  | 4118149 | 108344 | SH |  | SOLE |  | 0 | 0 | 108344 |
| ISHARES TR | CONSER ALLOC ETF | 464289883 |  | 5193849 | 154533 | SH |  | SOLE |  | 0 | 0 | 154533 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 312147 | 6202 | SH |  | SOLE |  | 0 | 0 | 6202 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 1799461 | 17263 | SH |  | SOLE |  | 0 | 0 | 17263 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 4759487 | 66012 | SH |  | SOLE |  | 0 | 0 | 66012 |
| ISHARES U S ETF TR | BLACKROCK ST MAT | 46431W507 |  | 738212 | 14983 | SH |  | SOLE |  | 0 | 0 | 14983 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 587855 | 5158 | SH |  | SOLE |  | 0 | 0 | 5158 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 416981 | 2857 | SH |  | SOLE |  | 0 | 0 | 2857 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 493948 | 8534 | SH |  | SOLE |  | 0 | 0 | 8534 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 1868516 | 30313 | SH |  | SOLE |  | 0 | 0 | 30313 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 |  | 2099413 | 45207 | SH |  | SOLE |  | 0 | 0 | 45207 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 238183 | 5100 | SH |  | SOLE |  | 0 | 0 | 5100 |
| ISHARES TR | 0-5YR INVT GR CP | 46434V100 |  | 433372 | 9055 | SH |  | SOLE |  | 0 | 0 | 9055 |
| ISHARES TR | CORE TOTAL USD | 46434V613 |  | 899094 | 20011 | SH |  | SOLE |  | 0 | 0 | 20011 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 482950 | 9659 | SH |  | SOLE |  | 0 | 0 | 9659 |
| ISHARES TR | U.S. FIXED INCME | 46435U796 |  | 823420 | 9867 | SH |  | SOLE |  | 0 | 0 | 9867 |
| JPMORGAN CHASE | COM | 46625H100 |  | 479674 | 3577 | SH |  | SOLE |  | 0 | 0 | 3577 |
| JOHNSON | COM | 478160104 |  | 1108663 | 6276 | SH |  | SOLE |  | 0 | 0 | 6276 |
| LILLY ELI | COM | 532457108 |  | 217374 | 594 | SH |  | SOLE |  | 0 | 0 | 594 |
| MERCK  INC | COM | 58933Y105 |  | 266085 | 2398 | SH |  | SOLE |  | 0 | 0 | 2398 |
| MICROSOFT CORP | COM | 594918104 |  | 2309361 | 9630 | SH |  | SOLE |  | 0 | 0 | 9630 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 201876 | 370 | SH |  | SOLE |  | 0 | 0 | 370 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 262175 | 1794 | SH |  | SOLE |  | 0 | 0 | 1794 |
| PEPSICO INC | COM | 713448108 |  | 260335 | 1441 | SH |  | SOLE |  | 0 | 0 | 1441 |
| PFIZER INC | COM | 717081103 |  | 338058 | 6598 | SH |  | SOLE |  | 0 | 0 | 6598 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 3413376 | 22522 | SH |  | SOLE |  | 0 | 0 | 22522 |
| PROLOGIS INC. | COM | 74340W103 |  | 814587 | 7226 | SH |  | SOLE |  | 0 | 0 | 7226 |
| RLI CORP | COM | 749607107 |  | 393810 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 312952 | 3101 | SH |  | SOLE |  | 0 | 0 | 3101 |
| REALTY INCOME CORP | COM | 756109104 |  | 1736785 | 27381 | SH |  | SOLE |  | 0 | 0 | 27381 |
| REPLIGEN CORP | COM | 759916109 |  | 291213 | 1720 | SH |  | SOLE |  | 0 | 0 | 1720 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 486891 | 1273 | SH |  | SOLE |  | 0 | 0 | 1273 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 504340 | 2973 | SH |  | SOLE |  | 0 | 0 | 2973 |
| SPDR SER TR | S DIVID ETF | 78464A763 |  | 603468 | 4824 | SH |  | SOLE |  | 0 | 0 | 4824 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 1628929 | 3679 | SH |  | SOLE |  | 0 | 0 | 3679 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 1196555 | 15840 | SH |  | SOLE |  | 0 | 0 | 15840 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 417247 | 5597 | SH |  | SOLE |  | 0 | 0 | 5597 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 532467 | 15569 | SH |  | SOLE |  | 0 | 0 | 15569 |
| STARBUCKS CORP | COM | 855244109 |  | 268740 | 2709 | SH |  | SOLE |  | 0 | 0 | 2709 |
| TESLA INC | COM | 88160R101 |  | 696611 | 5655 | SH |  | SOLE |  | 0 | 0 | 5655 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 246284 | 465 | SH |  | SOLE |  | 0 | 0 | 465 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 3728415 | 24553 | SH |  | SOLE |  | 0 | 0 | 24553 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 525010 | 10151 | SH |  | SOLE |  | 0 | 0 | 10151 |
| VANGUARD ADMIRAL FDS INC | 500 GRTH IDX F | 921932505 |  | 563989 | 2674 | SH |  | SOLE |  | 0 | 0 | 2674 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 522528 | 7274 | SH |  | SOLE |  | 0 | 0 | 7274 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 393210 | 9369 | SH |  | SOLE |  | 0 | 0 | 9369 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 12199905 | 112743 | SH |  | SOLE |  | 0 | 0 | 112743 |
| VANGUARD WHITEHALL FDS | INTL HIGH ETF | 921946794 |  | 2990126 | 50195 | SH |  | SOLE |  | 0 | 0 | 50195 |
| VANGUARD BD INDEX FDS | VANGUARD ULTRA | 92203C303 |  | 206682 | 4218 | SH |  | SOLE |  | 0 | 0 | 4218 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 231948 | 4626 | SH |  | SOLE |  | 0 | 0 | 4626 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 804192 | 20631 | SH |  | SOLE |  | 0 | 0 | 20631 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 628301 | 10867 | SH |  | SOLE |  | 0 | 0 | 10867 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 559768 | 7445 | SH |  | SOLE |  | 0 | 0 | 7445 |
| VANGUARD SCOTTSDALE FDS | TOTAL CORP BND | 92206C573 |  | 243474 | 3280 | SH |  | SOLE |  | 0 | 0 | 3280 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 241754 | 3119 | SH |  | SOLE |  | 0 | 0 | 3119 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 811042 | 16388 | SH |  | SOLE |  | 0 | 0 | 16388 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 907935 | 2584 | SH |  | SOLE |  | 0 | 0 | 2584 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1101125 | 13350 | SH |  | SOLE |  | 0 | 0 | 13350 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 224235 | 1412 | SH |  | SOLE |  | 0 | 0 | 1412 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 7240386 | 33975 | SH |  | SOLE |  | 0 | 0 | 33975 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 4846415 | 34526 | SH |  | SOLE |  | 0 | 0 | 34526 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 1257249 | 6850 | SH |  | SOLE |  | 0 | 0 | 6850 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1244647 | 6510 | SH |  | SOLE |  | 0 | 0 | 6510 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 566258 | 14372 | SH |  | SOLE |  | 0 | 0 | 14372 |
| VMWARE INC | CL A COM | 928563402 |  | 472258 | 3847 | SH |  | SOLE |  | 0 | 0 | 3847 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 254819 | 6171 | SH |  | SOLE |  | 0 | 0 | 6171 |
| WELLTOWER INC | COM | 95040Q104 |  | 322965 | 4927 | SH |  | SOLE |  | 0 | 0 | 4927 |
| WORKHORSE GROUP INC | COM NEW | 98138J206 |  | 15656 | 10300 | SH |  | SOLE |  | 0 | 0 | 10300 |
| LORDSTOWN MOTORS CORP | COM CL A | 54405Q100 |  | 12580 | 11035 | SH |  | SOLE |  | 0 | 0 | 11035 |
| NUVEEN FLOATING RATE INCOME | COM | 67072T108 |  | 142535 | 17997 | SH |  | SOLE |  | 0 | 0 | 17997 |
| SESEN BIO INC | COM | 817763105 |  | 12190 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |

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