# EDGAR Filing Document

**Accession Number:** 0001389059
**File Stem:** 0001085146-23-000165
**Filing Date:** 2023-1
**Character Count:** 29281
**Document Hash:** 05c6cb9b1d55d1cd0ad4ab1e5931c2f4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000165.hdr.sgml**: 20230118

**ACCESSION NUMBER**: 0001085146-23-000165

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230118

**DATE AS OF CHANGE**: 20230117

**EFFECTIVENESS DATE**: 20230118

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLB&B Advisors, LLC
- **CENTRAL INDEX KEY:** 0001389059
- **IRS NUMBER:** 203833772

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12136
- **FILM NUMBER:** 23532822

**BUSINESS ADDRESS:**
- **STREET 1:** 103 MONTGOMERY AVE.
- **CITY:** MONTGOMERYVILLE
- **STATE:** PA
- **ZIP:** 18936
- **BUSINESS PHONE:** 215-643-9100

**MAIL ADDRESS:**
- **STREET 1:** 103 MONTGOMERY AVE.
- **CITY:** MONTGOMERYVILLE
- **STATE:** PA
- **ZIP:** 18936

### 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:** BLB Advisors LLC<br>**Address:** 103 MONTGOMERY AVE.<br>MONTGOMERYVILLE, PA 18936

**Form 13F File Number:** 028-12136

**CRD Number (if applicable):** 000139096

**SEC File Number (if applicable):** 801-65840

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:** Clifford P. Haugen<br>**Title:** President<br>**Phone:** 215-643-9100

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

/s/ Clifford P. Haugen  MONTGOMERYVILLE, PA  01-17-2023<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:** 235

**Form 13F Information Table Value Total:** $1290454006

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 | BBG001S5T7X2 | 2174645 | 18134 | SH |  | SOLE |  | 0 | 0 | 18134 |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 4398517 | 40063 | SH |  | SOLE |  | 0 | 0 | 40063 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 10513968 | 65058 | SH |  | SOLE |  | 0 | 0 | 65058 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 | BBG001SCXK90 | 542868 | 2034 | SH |  | SOLE |  | 0 | 0 | 2034 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 | BBG001S5NCQ5 | 1059396 | 3148 | SH |  | SOLE |  | 0 | 0 | 3148 |
| AIR PRODS  CHEMS INC | COM | 009158106 | BBG001S5NSB6 | 771575 | 2503 | SH |  | SOLE |  | 0 | 0 | 2503 |
| ALLSTATE CORP | COM | 020002101 | BBG001S9BM06 | 420767 | 3103 | SH |  | SOLE |  | 0 | 0 | 3103 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 11355819 | 128707 | SH |  | SOLE |  | 0 | 0 | 128707 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 574970 | 6480 | SH |  | SOLE |  | 0 | 0 | 6480 |
| ALTRIA GROUP INC | COM | 02209S103 | BBG001S5T8T5 | 224345 | 4908 | SH |  | SOLE |  | 0 | 0 | 4908 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 9904776 | 117914 | SH |  | SOLE |  | 0 | 0 | 117914 |
| AMEREN CORP | COM | 023608102 | BBG001S5NF24 | 304106 | 3420 | SH |  | SOLE |  | 0 | 0 | 3420 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 | BBG001S5NFD2 | 375622 | 3956 | SH |  | SOLE |  | 0 | 0 | 3956 |
| AMERICAN EXPRESS CO | COM | 025816109 | BBG001S5P034 | 1762362 | 11928 | SH |  | SOLE |  | 0 | 0 | 11928 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 | BBG001S5NPQ6 | 7767103 | 36661 | SH |  | SOLE |  | 0 | 0 | 36661 |
| AMERIPRISE FINL INC | COM | 03076C106 | BBG001SK6096 | 295179 | 948 | SH |  | SOLE |  | 0 | 0 | 948 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 959746 | 3654 | SH |  | SOLE |  | 0 | 0 | 3654 |
| ANGION BIOMEDICA CORP | COM | 03476J107 | BBG00444GM11 | 12576 | 15495 | SH |  | SOLE |  | 0 | 0 | 15495 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 39709890 | 305625 | SH |  | SOLE |  | 0 | 0 | 305625 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 862085 | 46827 | SH |  | SOLE |  | 0 | 0 | 46827 |
| ATMOS ENERGY CORP | COM | 049560105 | BBG001S5VG05 | 280175 | 2500 | SH |  | SOLE |  | 0 | 0 | 2500 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 5329263 | 22311 | SH |  | SOLE |  | 0 | 0 | 22311 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 1116584 | 33713 | SH |  | SOLE |  | 0 | 0 | 33713 |
| BANK NEW YORK MELLON CORP | COM | 064058100 | BBG001S5P6Q6 | 221227 | 4860 | SH |  | SOLE |  | 0 | 0 | 4860 |
| BARCLAYS BANK PLC | DJUBS CMDT ETN36 | 06738C778 | BBG001SPJ625 | 38365756 | 1138112 | SH |  | SOLE |  | 0 | 0 | 1138112 |
| BAXTER INTL INC | COM | 071813109 | BBG001S5P1K3 | 362346 | 7109 | SH |  | SOLE |  | 0 | 0 | 7109 |
| BECTON DICKINSON  CO | COM | 075887109 | BBG001S5P374 | 525384 | 2066 | SH |  | SOLE |  | 0 | 0 | 2066 |
| BENTLEY SYS INC | COM CL B | 08265T208 | BBG001SBWGV7 | 2486188 | 67267 | SH |  | SOLE |  | 0 | 0 | 67267 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | BBG001S902J2 | 1406133 | 3 | SH |  | SOLE |  | 0 | 0 | 3 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 5677582 | 18380 | SH |  | SOLE |  | 0 | 0 | 18380 |
| BLACKROCK INC | COM | 09247X101 | BBG001SDBP55 | 7108941 | 10032 | SH |  | SOLE |  | 0 | 0 | 10032 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 868444 | 4559 | SH |  | SOLE |  | 0 | 0 | 4559 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 2629191 | 36542 | SH |  | SOLE |  | 0 | 0 | 36542 |
| BRUKER CORP | COM | 116794108 | BBG001SF69P0 | 408618 | 5978 | SH |  | SOLE |  | 0 | 0 | 5978 |
| CANADIAN PAC RY LTD | COM | 13645T100 | BBG001S7F4Z8 | 315516 | 4230 | SH |  | SOLE |  | 0 | 0 | 4230 |
| CARLISLE COS INC | COM | 142339100 | BBG001S5Q6R4 | 620702 | 2634 | SH |  | SOLE |  | 0 | 0 | 2634 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 2867415 | 11970 | SH |  | SOLE |  | 0 | 0 | 11970 |
| CENTERPOINT ENERGY INC | COM | 15189T107 | BBG001SB10S0 | 1459889 | 48679 | SH |  | SOLE |  | 0 | 0 | 48679 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 23113473 | 128773 | SH |  | SOLE |  | 0 | 0 | 128773 |
| CHUBB LIMITED | COM | H1467J104 | BBG001S8S1L3 | 417155 | 1891 | SH |  | SOLE |  | 0 | 0 | 1891 |
| CIGNA CORP NEW | COM | 125523100 | BBG00KXRCDQ9 | 825368 | 2491 | SH |  | SOLE |  | 0 | 0 | 2491 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 9289912 | 195002 | SH |  | SOLE |  | 0 | 0 | 195002 |
| CMS ENERGY CORP | COM | 125896100 | BBG001S5PYJ3 | 1275086 | 20134 | SH |  | SOLE |  | 0 | 0 | 20134 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 2698119 | 42417 | SH |  | SOLE |  | 0 | 0 | 42417 |
| COLGATE PALMOLIVE CO | COM | 194162103 | BBG001S5PVM5 | 329106 | 4177 | SH |  | SOLE |  | 0 | 0 | 4177 |
| COMCAST CORP NEW | CL A | 20030N101 | BBG001S5PXL2 | 1817069 | 51961 | SH |  | SOLE |  | 0 | 0 | 51961 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG001S5TZM2 | 446512 | 3784 | SH |  | SOLE |  | 0 | 0 | 3784 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 | BBG014KFRPJ9 | 387859 | 4499 | SH |  | SOLE |  | 0 | 0 | 4499 |
| CORNING INC | COM | 219350105 | BBG001S5RLH1 | 2110755 | 66085 | SH |  | SOLE |  | 0 | 0 | 66085 |
| CORTEVA INC | COM | 22052L104 | BBG00BN969D0 | 440970 | 7502 | SH |  | SOLE |  | 0 | 0 | 7502 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 11393243 | 24958 | SH |  | SOLE |  | 0 | 0 | 24958 |
| CSX CORP | COM | 126408103 | BBG001S5Q7Q3 | 3967079 | 128053 | SH |  | SOLE |  | 0 | 0 | 128053 |
| CUMMINS INC | COM | 231021106 | BBG001S5Q9M3 | 304801 | 1258 | SH |  | SOLE |  | 0 | 0 | 1258 |
| CVS HEALTH CORP | COM | 126650100 | BBG001S5QBD8 | 10027712 | 107605 | SH |  | SOLE |  | 0 | 0 | 107605 |
| D R HORTON INC | COM | 23331A109 | BBG001S8M692 | 8075867 | 90598 | SH |  | SOLE |  | 0 | 0 | 90598 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 11143288 | 41984 | SH |  | SOLE |  | 0 | 0 | 41984 |
| DEERE  CO | COM | 244199105 | BBG001S5QFF7 | 8607391 | 20075 | SH |  | SOLE |  | 0 | 0 | 20075 |
| DIGITAL RLTY TR INC | COM | 253868103 | BBG001SM0K30 | 451921 | 4507 | SH |  | SOLE |  | 0 | 0 | 4507 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 5766573 | 66374 | SH |  | SOLE |  | 0 | 0 | 66374 |
| DNP SELECT INCOME FD INC | COM | 23325P104 | BBG001S5QKC9 | 278573 | 24762 | SH |  | SOLE |  | 0 | 0 | 24762 |
| DOLLAR GEN CORP NEW | COM | 256677105 | BBG001T5BM30 | 1296662 | 5266 | SH |  | SOLE |  | 0 | 0 | 5266 |
| DOMINION ENERGY INC | COM | 25746U109 | BBG001S5QCP3 | 609521 | 9940 | SH |  | SOLE |  | 0 | 0 | 9940 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | BBG001S5QNR7 | 2665072 | 25877 | SH |  | SOLE |  | 0 | 0 | 25877 |
| EASTMAN CHEM CO | COM | 277432100 | BBG001S7JNP3 | 342048 | 4200 | SH |  | SOLE |  | 0 | 0 | 4200 |
| EATON CORP PLC | SHS | G29183103 | BBG001S5QZ45 | 718203 | 4576 | SH |  | SOLE |  | 0 | 0 | 4576 |
| ECOLAB INC | COM | 278865100 | BBG001S5QRB5 | 5212022 | 35807 | SH |  | SOLE |  | 0 | 0 | 35807 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 | BBG001SF2288 | 406102 | 5443 | SH |  | SOLE |  | 0 | 0 | 5443 |
| EMERSON ELEC CO | COM | 291011104 | BBG001S5QVT7 | 2434353 | 25342 | SH |  | SOLE |  | 0 | 0 | 25342 |
| ENBRIDGE INC | COM | 29250N105 | BBG001S6Q6D7 | 1110856 | 28439 | SH |  | SOLE |  | 0 | 0 | 28439 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 | BBG001SDHNW4 | 640648 | 53972 | SH |  | SOLE |  | 0 | 0 | 53972 |
| ESSENTIAL UTILS INC | COM | 29670G102 | BBG001S5VFD3 | 4702429 | 98521 | SH |  | SOLE |  | 0 | 0 | 98521 |
| EXELON CORP | COM | 30161N101 | BBG001SBJMT2 | 622988 | 14411 | SH |  | SOLE |  | 0 | 0 | 14411 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 7313847 | 66309 | SH |  | SOLE |  | 0 | 0 | 66309 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 | BBG001S5RC36 | 449830 | 4452 | SH |  | SOLE |  | 0 | 0 | 4452 |
| FEDERAL SIGNAL CORP | COM | 313855108 | BBG001S5RD98 | 286952 | 6175 | SH |  | SOLE |  | 0 | 0 | 6175 |
| FORD MTR CO DEL | COM | 345370860 | BBG001S5TZ33 | 5844442 | 502532 | SH |  | SOLE |  | 0 | 0 | 502532 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 | BBG001S5PVD5 | 418172 | 4991 | SH |  | SOLE |  | 0 | 0 | 4991 |
| GENERAL MLS INC | COM | 370334104 | BBG001S5RKR2 | 481718 | 5745 | SH |  | SOLE |  | 0 | 0 | 5745 |
| GSK PLC | SPONSORED ADR | 37733W204 | BBG001SD6SM6 | 575207 | 16369 | SH |  | SOLE |  | 0 | 0 | 16369 |
| HALEON PLC | SPON ADS | 405552100 | BBG018GZNDB0 | 129624 | 16203 | SH |  | SOLE |  | 0 | 0 | 16203 |
| HERSHEY CO | COM | 427866108 | BBG001S5S148 | 991120 | 4280 | SH |  | SOLE |  | 0 | 0 | 4280 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 1314464 | 4162 | SH |  | SOLE |  | 0 | 0 | 4162 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 3675245 | 17150 | SH |  | SOLE |  | 0 | 0 | 17150 |
| HUMANA INC | COM | 444859102 | BBG001S5S1X6 | 297070 | 580 | SH |  | SOLE |  | 0 | 0 | 580 |
| ILLINOIS TOOL WKS INC | COM | 452308109 | BBG001S5SDX0 | 358499 | 1627 | SH |  | SOLE |  | 0 | 0 | 1627 |
| INTEL CORP | COM | 458140100 | BBG001S5SF65 | 1936241 | 73259 | SH |  | SOLE |  | 0 | 0 | 73259 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 3981644 | 28261 | SH |  | SOLE |  | 0 | 0 | 28261 |
| INVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 46090F100 | BBG007HL81B6 | 591200 | 40000 | SH |  | SOLE |  | 0 | 0 | 40000 |
| INVESCO PA VALUE MUN INC TR | COM | 46132K109 | BBG001S75GP3 | 469910 | 47950 | SH |  | SOLE |  | 0 | 0 | 47950 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 695868 | 2613 | SH |  | SOLE |  | 0 | 0 | 2613 |
| IONIS PHARMACEUTICALS INC | COM | 462222100 | BBG001SB7RD1 | 5626219 | 148960 | SH |  | SOLE |  | 0 | 0 | 148960 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 | BBG003HC3DG9 | 23953691 | 512927 | SH |  | SOLE |  | 0 | 0 | 512927 |
| ISHARES TR | BLACKROCK ULTRA | 46434V878 | BBG005PCDCZ5 | 200110 | 3999 | SH |  | SOLE |  | 0 | 0 | 3999 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 | BBG003H6TRS0 | 24315562 | 394477 | SH |  | SOLE |  | 0 | 0 | 394477 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 1468655 | 6072 | SH |  | SOLE |  | 0 | 0 | 6072 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 71473548 | 755215 | SH |  | SOLE |  | 0 | 0 | 755215 |
| ISHARES TR | CORE S TTL STK | 464287150 | BBG001SHTRL5 | 21359226 | 251878 | SH |  | SOLE |  | 0 | 0 | 251878 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 58170651 | 151403 | SH |  | SOLE |  | 0 | 0 | 151403 |
| ISHARES TR | CORE US AGGBD ET | 464287226 | BBG001SM1QT8 | 25240260 | 260236 | SH |  | SOLE |  | 0 | 0 | 260236 |
| ISHARES TR | ESG AWARE MSCI | 46435U663 | BBG00KK87757 | 307823 | 9362 | SH |  | SOLE |  | 0 | 0 | 9362 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 | BBG00FFPFTS4 | 417818 | 4930 | SH |  | SOLE |  | 0 | 0 | 4930 |
| ISHARES TR | ESG AWR US AGRGT | 46435U549 | BBG00MC0P0K7 | 1232207 | 26363 | SH |  | SOLE |  | 0 | 0 | 26363 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 | BBG001ST0ZQ7 | 1062775 | 14434 | SH |  | SOLE |  | 0 | 0 | 14434 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 | BBG001S60QR6 | 7916712 | 75090 | SH |  | SOLE |  | 0 | 0 | 75090 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 | BBG001SSD858 | 281483 | 5650 | SH |  | SOLE |  | 0 | 0 | 5650 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 | BBG001SQS9Y2 | 20152493 | 238237 | SH |  | SOLE |  | 0 | 0 | 238237 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 1826958 | 27833 | SH |  | SOLE |  | 0 | 0 | 27833 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 | BBG001SK77D5 | 1369592 | 36137 | SH |  | SOLE |  | 0 | 0 | 36137 |
| ISHARES TR | RUS 1000 ETF | 464287622 | BBG001S562W9 | 231521 | 1100 | SH |  | SOLE |  | 0 | 0 | 1100 |
| ISHARES TR | RUS MID CAP ETF | 464287499 | BBG001SJCNS1 | 538049 | 7977 | SH |  | SOLE |  | 0 | 0 | 7977 |
| ISHARES TR | S 100 ETF | 464287101 | BBG001SGB026 | 715371 | 4194 | SH |  | SOLE |  | 0 | 0 | 4194 |
| ISHARES TR | SELECT DIVID ETF | 464287168 | BBG001SDJVG2 | 205985 | 1708 | SH |  | SOLE |  | 0 | 0 | 1708 |
| ISHARES TR | U.S. MED DVC ETF | 464288810 | BBG001SQZT52 | 728936 | 13866 | SH |  | SOLE |  | 0 | 0 | 13866 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC | 46641Q837 | BBG00GP26NW0 | 3329685 | 66421 | SH |  | SOLE |  | 0 | 0 | 66421 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 22807705 | 129112 | SH |  | SOLE |  | 0 | 0 | 129112 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 | BBG001S5WZ84 | 316032 | 4938 | SH |  | SOLE |  | 0 | 0 | 4938 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 18487858 | 137866 | SH |  | SOLE |  | 0 | 0 | 137866 |
| KARYOPHARM THERAPEUTICS INC | NOTE 3.000%10/1 | 48576UAA4 |  | 56540 | 75000 | PRN |  | SOLE |  | 0 | 0 | 75000 |
| KEYCORP | COM | 493267108 | BBG001S5SKV6 | 198153 | 11375 | SH |  | SOLE |  | 0 | 0 | 11375 |
| KIMBERLY-CLARK CORP | COM | 494368103 | BBG001S5SLZ0 | 690560 | 5087 | SH |  | SOLE |  | 0 | 0 | 5087 |
| KINDER MORGAN INC DEL | COM | 49456B101 | BBG001TG2YZ5 | 299836 | 16584 | SH |  | SOLE |  | 0 | 0 | 16584 |
| LILLY ELI  CO | COM | 532457108 | BBG001S5STL8 | 1255563 | 3432 | SH |  | SOLE |  | 0 | 0 | 3432 |
| LINDE PLC | SHS | G5494J103 | BBG00GVR8YR8 | 273339 | 838 | SH |  | SOLE |  | 0 | 0 | 838 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 4792859 | 9852 | SH |  | SOLE |  | 0 | 0 | 9852 |
| M  T BK CORP | COM | 55261F104 | BBG001S7S2B4 | 286348 | 1974 | SH |  | SOLE |  | 0 | 0 | 1974 |
| MASCO CORP | COM | 574599106 | BBG001S5SZ70 | 349792 | 7495 | SH |  | SOLE |  | 0 | 0 | 7495 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 946173 | 2721 | SH |  | SOLE |  | 0 | 0 | 2721 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 8182269 | 31049 | SH |  | SOLE |  | 0 | 0 | 31049 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 376332 | 4842 | SH |  | SOLE |  | 0 | 0 | 4842 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 6387170 | 57568 | SH |  | SOLE |  | 0 | 0 | 57568 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 206022 | 1712 | SH |  | SOLE |  | 0 | 0 | 1712 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 39550933 | 164919 | SH |  | SOLE |  | 0 | 0 | 164919 |
| MONDELEZ INTL INC | CL A | 609207105 | BBG001SHHZJ3 | 802960 | 12047 | SH |  | SOLE |  | 0 | 0 | 12047 |
| MORGAN STANLEY | COM NEW | 617446448 | BBG001S9V5Z3 | 338040 | 3976 | SH |  | SOLE |  | 0 | 0 | 3976 |
| MUELLER WTR PRODS INC | COM SER A | 624758108 | BBG001SNQZ91 | 368207 | 34220 | SH |  | SOLE |  | 0 | 0 | 34220 |
| NETFLIX INC | COM | 64110L106 | BBG001SF6L46 | 286034 | 970 | SH |  | SOLE |  | 0 | 0 | 970 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 12466137 | 149116 | SH |  | SOLE |  | 0 | 0 | 149116 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 204232 | 1745 | SH |  | SOLE |  | 0 | 0 | 1745 |
| NORTHROP GRUMMAN CORP | COM | 666807102 | BBG001S5TP26 | 320819 | 588 | SH |  | SOLE |  | 0 | 0 | 588 |
| NUSHARES ETF TR | NUVEEN ESG MIDCP | 67092P409 | BBG00FJ5HKX5 | 306768 | 8715 | SH |  | SOLE |  | 0 | 0 | 8715 |
| NUVEEN MUN VALUE FD INC | COM | 670928100 | BBG001S5TS84 | 92355 | 10739 | SH |  | SOLE |  | 0 | 0 | 10739 |
| NUVEEN PENNSYLVANIA QLT MUN | COM | 670972108 | BBG001S6PT66 | 175609 | 15778 | SH |  | SOLE |  | 0 | 0 | 15778 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 11626428 | 79557 | SH |  | SOLE |  | 0 | 0 | 79557 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 485863 | 5944 | SH |  | SOLE |  | 0 | 0 | 5944 |
| PAYCHEX INC | COM | 704326107 | BBG001S5V135 | 2135664 | 18481 | SH |  | SOLE |  | 0 | 0 | 18481 |
| PAYPAL HLDGS INC | COM | 70450Y103 | BBG0077VNXW5 | 452105 | 6348 | SH |  | SOLE |  | 0 | 0 | 6348 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 5225834 | 28926 | SH |  | SOLE |  | 0 | 0 | 28926 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 8521363 | 166303 | SH |  | SOLE |  | 0 | 0 | 166303 |
| PHILIP MORRIS INTL INC | COM | 718172109 | BBG001STP9N1 | 325188 | 3213 | SH |  | SOLE |  | 0 | 0 | 3213 |
| PNC FINL SVCS GROUP INC | COM | 693475105 | BBG001S5V947 | 10927297 | 69186 | SH |  | SOLE |  | 0 | 0 | 69186 |
| PPG INDS INC | COM | 693506107 | BBG001S5VC13 | 781600 | 6216 | SH |  | SOLE |  | 0 | 0 | 6216 |
| PPL CORP | COM | 69351T106 | BBG001S5VC31 | 1763661 | 60358 | SH |  | SOLE |  | 0 | 0 | 60358 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 19243205 | 126968 | SH |  | SOLE |  | 0 | 0 | 126968 |
| PROLOGIS INC. | COM | 74340W103 | BBG001S5NMN6 | 19465202 | 172671 | SH |  | SOLE |  | 0 | 0 | 172671 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 | BBG001S5V3C1 | 281168 | 4589 | SH |  | SOLE |  | 0 | 0 | 4589 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 8448994 | 76851 | SH |  | SOLE |  | 0 | 0 | 76851 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 | BBG001S5X5Q9 | 650524 | 6446 | SH |  | SOLE |  | 0 | 0 | 6446 |
| REALTY INCOME CORP | COM | 756109104 | BBG001S884K0 | 421565 | 6646 | SH |  | SOLE |  | 0 | 0 | 6646 |
| S GLOBAL INC | COM | 78409V104 | BBG001S5T5M8 | 7906348 | 23605 | SH |  | SOLE |  | 0 | 0 | 23605 |
| SCHLUMBERGER LTD | COM STK | 806857108 | BBG001S5W4C8 | 1780646 | 33308 | SH |  | SOLE |  | 0 | 0 | 33308 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG001S5VXD4 | 9043286 | 108615 | SH |  | SOLE |  | 0 | 0 | 108615 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 | BBG0025RWLM4 | 277458 | 3673 | SH |  | SOLE |  | 0 | 0 | 3673 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 | BBG001V036R6 | 98085833 | 1494983 | SH |  | SOLE |  | 0 | 0 | 1494983 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 | BBG001T5XQW5 | 552313 | 13634 | SH |  | SOLE |  | 0 | 0 | 13634 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 | BBG001S7T1S7 | 654625 | 7484 | SH |  | SOLE |  | 0 | 0 | 7484 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 | BBG001S7TD56 | 369843 | 5246 | SH |  | SOLE |  | 0 | 0 | 5246 |
| SHELL PLC | SPON ADS | 780259305 | BBG0147BN6H1 | 408666 | 7176 | SH |  | SOLE |  | 0 | 0 | 7176 |
| SHERWIN WILLIAMS CO | COM | 824348106 | BBG001S5W2F9 | 4745070 | 19994 | SH |  | SOLE |  | 0 | 0 | 19994 |
| SHOPIFY INC | CL A | 82509L107 | BBG004DW5NC7 | 216938 | 6250 | SH |  | SOLE |  | 0 | 0 | 6250 |
| SOUTHERN CO | COM | 842587107 | BBG001S5W777 | 458809 | 6425 | SH |  | SOLE |  | 0 | 0 | 6425 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 233425 | 1376 | SH |  | SOLE |  | 0 | 0 | 1376 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 13683927 | 35782 | SH |  | SOLE |  | 0 | 0 | 35782 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 | BBG001S63NQ1 | 540204 | 1220 | SH |  | SOLE |  | 0 | 0 | 1220 |
| SPDR SER TR | AEROSPACE DEF | 78464A631 | BBG0024LG8W4 | 327179 | 2973 | SH |  | SOLE |  | 0 | 0 | 2973 |
| SPDR SER TR | BLOOMBERG HIGH Y | 78468R622 | BBG001SQS7X7 | 10572010 | 117467 | SH |  | SOLE |  | 0 | 0 | 117467 |
| SPDR SER TR | PORTFOLIO INTRMD | 78464A375 | BBG001T2HCY9 | 2542915 | 79891 | SH |  | SOLE |  | 0 | 0 | 79891 |
| SPDR SER TR | PORTFOLIO SHORT | 78464A474 | BBG001T6B0P2 | 9774881 | 332705 | SH |  | SOLE |  | 0 | 0 | 332705 |
| SPDR SER TR | S 600 SML CAP | 78464A813 | BBG001SPTB69 | 468597 | 5700 | SH |  | SOLE |  | 0 | 0 | 5700 |
| SPROTT PHYSICAL GOLD  SILVE | TR UNIT | 85208R101 | BBG00JPZ8T56 | 391735 | 21848 | SH |  | SOLE |  | 0 | 0 | 21848 |
| STANLEY BLACK  DECKER INC | COM | 854502101 | BBG001S5WHT1 | 231595 | 3083 | SH |  | SOLE |  | 0 | 0 | 3083 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 264656 | 2668 | SH |  | SOLE |  | 0 | 0 | 2668 |
| STATE STR CORP | COM | 857477103 | BBG001S5RLD5 | 236589 | 3050 | SH |  | SOLE |  | 0 | 0 | 3050 |
| STRYKER CORPORATION | COM | 863667101 | BBG001S8FR03 | 9352372 | 38253 | SH |  | SOLE |  | 0 | 0 | 38253 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 | BBG001S9TN41 | 2792558 | 26818 | SH |  | SOLE |  | 0 | 0 | 26818 |
| TARGET CORP | COM | 87612E106 | BBG001SC0K41 | 7236505 | 48554 | SH |  | SOLE |  | 0 | 0 | 48554 |
| TELEFLEX INCORPORATED | COM | 879369106 | BBG001S5WNP2 | 828772 | 3320 | SH |  | SOLE |  | 0 | 0 | 3320 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 349092 | 2834 | SH |  | SOLE |  | 0 | 0 | 2834 |
| TEXAS INSTRS INC | COM | 882508104 | BBG001S5WYZ7 | 815030 | 4933 | SH |  | SOLE |  | 0 | 0 | 4933 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 | BBG00YRJXKC0 | 398519 | 170 | SH |  | SOLE |  | 0 | 0 | 170 |
| TEXTRON INC | COM | 883203101 | BBG001S5WZ39 | 803297 | 11346 | SH |  | SOLE |  | 0 | 0 | 11346 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 | BBG001S5SBV6 | 5577454 | 33181 | SH |  | SOLE |  | 0 | 0 | 33181 |
| TRAVELERS COMPANIES INC | COM | 89417E109 | BBG001S5R103 | 366168 | 1953 | SH |  | SOLE |  | 0 | 0 | 1953 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 437125 | 2111 | SH |  | SOLE |  | 0 | 0 | 2111 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 | BBG001SDGSH1 | 317531 | 1827 | SH |  | SOLE |  | 0 | 0 | 1827 |
| UNIVEST FINANCIAL CORPORATIO | COM | 915271100 | BBG001S6YQ99 | 867745 | 33209 | SH |  | SOLE |  | 0 | 0 | 33209 |
| VANECK ETF TRUST | OIL SERVICES ETF | 92189H607 | BBG001SGYST1 | 215876 | 710 | SH |  | SOLE |  | 0 | 0 | 710 |
| VANGUARD ADMIRAL FDS INC | MIDCP 400 GRTH | 921932869 | BBG001TC6MK2 | 238910 | 1411 | SH |  | SOLE |  | 0 | 0 | 1411 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 | BBG001ST39R1 | 2304589 | 31009 | SH |  | SOLE |  | 0 | 0 | 31009 |
| VANGUARD BD INDEX FDS | LONG TERM BOND | 921937793 | BBG001ST39S0 | 1401424 | 19346 | SH |  | SOLE |  | 0 | 0 | 19346 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 | BBG001ST39Q2 | 3056655 | 40604 | SH |  | SOLE |  | 0 | 0 | 40604 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 | BBG001SK7DK4 | 219616 | 3057 | SH |  | SOLE |  | 0 | 0 | 3057 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 | BBG004N1LGK2 | 2400870 | 50619 | SH |  | SOLE |  | 0 | 0 | 50619 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | BBG001SHTTS4 | 9158201 | 42974 | SH |  | SOLE |  | 0 | 0 | 42974 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 | BBG001SHTTQ6 | 3250562 | 18660 | SH |  | SOLE |  | 0 | 0 | 18660 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 | BBG001SRN7S6 | 216072 | 1202 | SH |  | SOLE |  | 0 | 0 | 1202 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | BBG001SHVTS1 | 26217178 | 128635 | SH |  | SOLE |  | 0 | 0 | 128635 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 | BBG001SMD2X3 | 236388 | 2866 | SH |  | SOLE |  | 0 | 0 | 2866 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 1626604 | 4630 | SH |  | SOLE |  | 0 | 0 | 4630 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 26816356 | 146106 | SH |  | SOLE |  | 0 | 0 | 146106 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 2110546 | 11039 | SH |  | SOLE |  | 0 | 0 | 11039 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 | BBG001SHVR78 | 9574467 | 68209 | SH |  | SOLE |  | 0 | 0 | 68209 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 | BBG001SP7T00 | 10608351 | 211575 | SH |  | SOLE |  | 0 | 0 | 211575 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 69709039 | 1788328 | SH |  | SOLE |  | 0 | 0 | 1788328 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 | BBG001T62MF5 | 1132629 | 24882 | SH |  | SOLE |  | 0 | 0 | 24882 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | BBG001SQX4T3 | 395266 | 2603 | SH |  | SOLE |  | 0 | 0 | 2603 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 | BBG001TJR1D8 | 809883 | 15659 | SH |  | SOLE |  | 0 | 0 | 15659 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 75177604 | 1791222 | SH |  | SOLE |  | 0 | 0 | 1791222 |
| VANGUARD WHITEHALL FDS | EM MK GOV BD ETF | 921946885 | BBG004N1LYJ5 | 5076961 | 83256 | SH |  | SOLE |  | 0 | 0 | 83256 |
| VANGUARD WORLD FDS | COMM SRVC ETF | 92204A884 | BBG001SHTV72 | 774960 | 9422 | SH |  | SOLE |  | 0 | 0 | 9422 |
| VANGUARD WORLD FDS | CONSUM DIS ETF | 92204A108 | BBG001SHVTQ3 | 941348 | 4298 | SH |  | SOLE |  | 0 | 0 | 4298 |
| VANGUARD WORLD FDS | FINANCIALS ETF | 92204A405 | BBG001SHTTM0 | 849223 | 10265 | SH |  | SOLE |  | 0 | 0 | 10265 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 | BBG001SHVR32 | 282033 | 1137 | SH |  | SOLE |  | 0 | 0 | 1137 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 | BBG001SHTTR5 | 1484937 | 4649 | SH |  | SOLE |  | 0 | 0 | 4649 |
| VANGUARD WORLD FDS | MATERIALS ETF | 92204A801 | BBG001SHTTP7 | 436563 | 2565 | SH |  | SOLE |  | 0 | 0 | 2565 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 4183344 | 106176 | SH |  | SOLE |  | 0 | 0 | 106176 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 13545742 | 65199 | SH |  | SOLE |  | 0 | 0 | 65199 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 346677 | 2445 | SH |  | SOLE |  | 0 | 0 | 2445 |
| WASTE MGMT INC DEL | COM | 94106L109 | BBG001S5XH47 | 6200802 | 39526 | SH |  | SOLE |  | 0 | 0 | 39526 |
| WEC ENERGY GROUP INC | COM | 92939U106 | BBG001S5XDC7 | 265903 | 2836 | SH |  | SOLE |  | 0 | 0 | 2836 |
| WELLS FARGO CO NEW | COM | 949746101 | BBG001S5XF23 | 892556 | 21617 | SH |  | SOLE |  | 0 | 0 | 21617 |
| WESTERN DIGITAL CORP. | COM | 958102105 | BBG001S5XD28 | 623113 | 19750 | SH |  | SOLE |  | 0 | 0 | 19750 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 | BBG001S5XL11 | 457343 | 14753 | SH |  | SOLE |  | 0 | 0 | 14753 |
| WILLIAMS COS INC | COM | 969457100 | BBG001S5XH10 | 488170 | 14838 | SH |  | SOLE |  | 0 | 0 | 14838 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 | BBG001S7DQJ9 | 694875 | 5450 | SH |  | SOLE |  | 0 | 0 | 5450 |
| ZOETIS INC | CL A | 98978V103 | BBG0039320P7 | 8637560 | 58939 | SH |  | SOLE |  | 0 | 0 | 58939 |

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