# EDGAR Filing Document

**Accession Number:** 0001411268
**File Stem:** 0001411268-26-000003
**Filing Date:** 2026-4
**Character Count:** 7909
**Document Hash:** 3a5f3385441fb6870cc58efe710fc009
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001411268-26-000003.hdr.sgml**: 20260407

**ACCESSION NUMBER**: 0001411268-26-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260407

**DATE AS OF CHANGE**: 20260407

**EFFECTIVENESS DATE**: 20260407

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Twele Capital Management, Inc.
- **CENTRAL INDEX KEY:** 0001411268

**ORGANIZATION NAME:**
- **EIN:** 364546212
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13313
- **FILM NUMBER:** 26845757

**BUSINESS ADDRESS:**
- **STREET 1:** 5601 SMETANA DRIVE, SUITE 707
- **CITY:** MINNETONKA
- **STATE:** MN
- **ZIP:** 55343
- **BUSINESS PHONE:** 952-887-9253

**MAIL ADDRESS:**
- **STREET 1:** 5601 SMETANA DRIVE, SUITE 707
- **CITY:** MINNETONKA
- **STATE:** MN
- **ZIP:** 55343

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** Twele Capital Management Inc.<br>**Address:** 5601 SMETANA DRIVE SUITE 707<br>MINNETONKA, MN 55343

**Form 13F File Number:** 028-13313

**CRD Number (if applicable):** 000130239

**SEC File Number (if applicable):** 801-67477

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:** Maressia Twele<br>**Title:** Chief Financial Officer<br>**Phone:** 9528075095

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

Maressia Twele  Minnetonka, MN  04-07-2026<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:** 39

**Form 13F Information Table Value Total:** $560857163

      (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

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|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 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 |
| APPLE INC | COM | 037833100 |  | 648891 | 2557 | SH |  | SOLE |  | 0 | 0 | 2557 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 15423330 | 221123 | SH |  | SOLE |  | 165941 | 0 | 55182 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 420530 | 5093 | SH |  | SOLE |  | 295 | 0 | 4798 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 |  | 1989634 | 16776 | SH |  | SOLE |  | 170 | 0 | 16606 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 47439884 | 497065 | SH |  | SOLE |  | 480465 | 0 | 16600 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 4992999 | 135532 | SH |  | SOLE |  | 134531 | 0 | 1001 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 27134014 | 299724 | SH |  | SOLE |  | 242938 | 0 | 56786 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 25938242 | 384100 | SH |  | SOLE |  | 312383 | 0 | 71717 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 21579938 | 173598 | SH |  | SOLE |  | 136980 | 0 | 36618 |
| ISHARES TR | CORE S ETF | 464287200 |  | 64068220 | 98082 | SH |  | SOLE |  | 73229 | 0 | 24853 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 47185712 | 475327 | SH |  | SOLE |  | 418159 | 0 | 57168 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 19308258 | 242688 | SH |  | SOLE |  | 231807 | 0 | 10881 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 11924814 | 109412 | SH |  | SOLE |  | 105169 | 0 | 4243 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 1843334 | 18978 | SH |  | SOLE |  | 0 | 0 | 18978 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 1185637 | 11169 | SH |  | SOLE |  | 0 | 0 | 11169 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 660494 | 1549 | SH |  | SOLE |  | 0 | 0 | 1549 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 360811 | 2383 | SH |  | SOLE |  | 0 | 0 | 2383 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 3577878 | 156171 | SH |  | SOLE |  | 53124 | 0 | 103047 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 260620 | 1494 | SH |  | SOLE |  | 0 | 0 | 1494 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 333342 | 10117 | SH |  | SOLE |  | 0 | 0 | 10117 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 921049 | 37214 | SH |  | SOLE |  | 0 | 0 | 37214 |
| SCHWAB STRATEGIC TR | INT-TRM U.S TRES | 808524854 |  | 522538 | 20977 | SH |  | SOLE |  | 0 | 0 | 20977 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 1096082 | 45162 | SH |  | SOLE |  | 0 | 0 | 45162 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 1323755 | 57009 | SH |  | SOLE |  | 0 | 0 | 57009 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 698508 | 27829 | SH |  | SOLE |  | 0 | 0 | 27829 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 1028702 | 40121 | SH |  | SOLE |  | 0 | 0 | 40121 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 567126 | 18318 | SH |  | SOLE |  | 0 | 0 | 18318 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 907506 | 31207 | SH |  | SOLE |  | 0 | 0 | 31207 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 55119467 | 748499 | SH |  | SOLE |  | 593280 | 0 | 155219 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 494010 | 1131 | SH |  | SOLE |  | 0 | 0 | 1131 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 20189616 | 70303 | SH |  | SOLE |  | 56585 | 0 | 13718 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 59020014 | 98770 | SH |  | SOLE |  | 81126 | 0 | 17644 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 20466953 | 78142 | SH |  | SOLE |  | 62498 | 0 | 15644 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 13880851 | 256815 | SH |  | SOLE |  | 209471 | 0 | 47344 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 1809311 | 36266 | SH |  | SOLE |  | 0 | 0 | 36266 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 988449 | 11945 | SH |  | SOLE |  | 0 | 0 | 11945 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 14816118 | 186907 | SH |  | SOLE |  | 152028 | 0 | 34879 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 26563403 | 414535 | SH |  | SOLE |  | 337957 | 0 | 76578 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 44167123 | 298225 | SH |  | SOLE |  | 283620 | 0 | 14605 |

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