# EDGAR Filing Document

**Accession Number:** 0001540305
**File Stem:** 0001193125-26-182092
**Filing Date:** 2026-4
**Character Count:** 28349
**Document Hash:** 3aefd213e4aa54978494ad2186b168cd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-182092.hdr.sgml**: 20260427

**ACCESSION NUMBER**: 0001193125-26-182092

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260427

**DATE AS OF CHANGE**: 20260427

**PERIOD START**: 20260531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETF Series Solutions
- **CENTRAL INDEX KEY:** 0001540305

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1112

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22668
- **FILM NUMBER:** 26900968

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN ST
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-287-3700

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN ST
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### ClearShares OCIO ETF (Series ID: S000057712)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000186111 | ClearShares OCIO ETF | OCIO            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **ClearShares OCIO ETF** | **ClearShares OCIO ETF** | **ClearShares OCIO ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** |
| **EXCHANGE TRADED FUNDS - 99.8%** | **Shares** | **Value**  |
| **Domestic Equity - 49.2%** | **Domestic Equity - 49.2%** | |
| Invesco QQQ Trust Series 1 <sup>(a)</sup> | 17837 | $10832232 |
| Invesco S&P 500 Equal Weight ETF | 12935 | 2651287 |
| iShares Core S&P 500 ETF | 11128 | 7671420 |
| iShares Core S&P Mid-Cap ETF | 30000 | 2144700 |
| iShares Russell Mid-Cap Growth ETF <sup>(b)</sup> | 40941 | 5598682 |
| State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF | 103794 | 8663685 |
| State Street SPDR S&P 500 ETF Trust <sup>(a)</sup> | 11433 | 7842924 |
| State Street Technology Select Sector SPDR ETF <sup>(a)</sup> | 60000 | 8325600 |
| Vanguard Growth ETF <sup>(a)</sup> | 2085 | 960914 |
| Vanguard High Dividend Yield ETF | 20458 | 3172013 |
| Vanguard Information Technology ETF | 5500 | 3996850 |
| Vanguard S&P 500 ETF <sup>(a)</sup> | 11410 | 7200166 |
| Vanguard Total Stock Market ETF | 23718 | 8034947 |
| Vanguard Value ETF | 35986 | 7458458 |
|  |  | 84553878 |
| **Fixed Income - 28.2%** | **Fixed Income - 28.2%** |  |
| ClearShares Ultra-Short Maturity ETF <sup>(c)</sup> | 61663 | 6170616 |
| iShares 0-5 Year TIPS Bond ETF | 21148 | 2185011 |
| iShares 3-7 Year Treasury Bond ETF <sup>(b)</sup> | 61378 | 7409552 |
| iShares 7-10 Year Treasury Bond ETF | 72000 | 7055280 |
| iShares Core U.S. Aggregate Bond ETF | 45574 | 4621204 |
| iShares Intermediate Government/Credit Bond ETF | 45123 | 4886370 |
| Vanguard Intermediate-Term Treasury ETF | 65000 | 3947450 |
| Vanguard Short-Term Corporate Bond ETF | 50000 | 4010000 |
| Vanguard Short-Term Treasury ETF | 50000 | 2950000 |
| Vanguard Total Bond Market ETF | 70000 | 5261900 |
|  |  | 48497383 |
| **Global Equity - 22.4%** | **Global Equity - 22.4%** |  |
| Conductor Global Equity Value ETF <sup>(b)</sup> | 56470 | 962051 |
| iShares Currency Hedged MSCI EAFE ETF | 137735 | 6202207 |
| iShares MSCI EAFE ETF <sup>(a)</sup> | 71608 | 7546051 |
| iShares MSCI Emerging Markets ex China ETF | 19070 | 1672058 |
| Schwab International Equity ETF | 241424 | 6525691 |
| Vanguard FTSE Developed Markets ETF | 147616 | 10368548 |
| Vanguard FTSE Emerging Markets ETF <sup>(a)</sup> | 89142 | 5179150 |
|  |  | 38455756 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $130,199,066) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $130,199,066) | 171507017 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 5.7%** | **Units** | **Value**  |
| Mount Vernon Liquid Assets Portfolio, LLC, 3.78% <sup>(d)</sup> | 9861750 | 9861750 |
| **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $9,861,750) | **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $9,861,750) | 9861750 |
| **MONEY MARKET FUNDS - 0.3%** | **Shares** | **Value**  |
| First American Government Obligations Fund - Class X, 3.60% <sup>(d)</sup> | 464392 | 464392 |
| **TOTAL MONEY MARKET FUNDS** (Cost $464,392) | **TOTAL MONEY MARKET FUNDS** (Cost $464,392) | 464392 |
| **TOTAL INVESTMENTS - 105.8% (**Cost $140,525,208**)** | **TOTAL INVESTMENTS - 105.8% (**Cost $140,525,208**)** | 181833159 |
| Liabilities in Excess of Other Assets - (5.8)% | Liabilities in Excess of Other Assets - (5.8)% | (10014821) |
| **TOTAL NET ASSETS - 100.0%** |  | $171818338 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

LLC - Limited Liability Company<br>

(a) Held in connection with written option contracts. See Schedule of Written Options for further information.

(b) All or a portion of this security is on loan as of February 28, 2026. The fair value of these securities was $9,647,474.

(c) Affiliated security as defined by the Investment Company Act of 1940.

(d) The rate shown represents the 7-day annualized yield as of February 28, 2026.

---

| | | | |
|:---|:---|:---|:---|
| **ClearShares OCIO ETF** | **ClearShares OCIO ETF** | **ClearShares OCIO ETF** | **ClearShares OCIO ETF** |
| **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** |
| **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** | **February 28, 2026 (Unaudited)** |
| **WRITTEN OPTIONS - (0.1)%** | **Notional Amount** | **Contracts** | **Value** |
| **Call Options - (0.1)% <sup>(a)(b)</sup>** | **Call Options - (0.1)% <sup>(a)(b)</sup>** | **Call Options - (0.1)% <sup>(a)(b)</sup>** | **Call Options - (0.1)% <sup>(a)(b)</sup>** |
| Invesco QQQ Trust Series 1, Expiration: 03/20/2026; Exercise Price: $635.00 | $(10809762) | (178) | $(24653) |
| iShares MSCI EAFE ETF, Expiration: 03/20/2026; Exercise Price: $110.00 | (7545208) | (716) | (49404) |
| State Street SPDR S&P 500 ETF Trust, Expiration: 03/20/2026; Exercise Price: $719.00 | (7820286) | (114) | (2223) |
| State Street Technology Select Sector SPDR ETF, Expiration: 03/20/2026; Exercise Price: $150.00 | (8325600) | (600) | (15000) |
| Vanguard FTSE Emerging Markets ETF, Expiration: 03/20/2026; Exercise Price: $62.00 | (5810) | (1) | (23) |
| Vanguard Growth ETF, Expiration: 03/20/2026; Exercise Price: $495.00 | (921740) | (20) | (850) |
| Vanguard S&P 500 ETF, Expiration: 03/20/2026; Exercise Price: $665.00 | (7193856) | (114) | (1140) |
| **TOTAL WRITTEN OPTIONS** (Premiums received $97,441) |  |  | $(93293) |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |

---

(a) 100 shares per contract.

(b) Exchange-traded.

------

#### Summary of Fair Value Disclosure as of February 28, 2026 (Unaudited)
ClearShares OCIO ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of February 28, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | $171507017 | $– | $– | $171507017 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending<sup>(a)</sup> | – | – | – | 9861750 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 464392 | – | – | 464392 |
| Total Investments | $171971409 | $– | $– | $181833159 |
| **Liabilities:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | $– | $(93293) | $– | $(93293) |
| Total Investments | $– | $(93293) | $– | $(93293) |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

(a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amount of
 $9,861,750 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **ClearShares OCIO ETF - Transactions with Affiliates** | **ClearShares OCIO ETF - Transactions with Affiliates** | **ClearShares OCIO ETF - Transactions with Affiliates** | **ClearShares OCIO ETF - Transactions with Affiliates** | **ClearShares OCIO ETF - Transactions with Affiliates** | **ClearShares OCIO ETF - Transactions with Affiliates** | **ClearShares OCIO ETF - Transactions with Affiliates** | **ClearShares OCIO ETF - Transactions with Affiliates** | **ClearShares OCIO ETF - Transactions with Affiliates** | |
|  | **Value as of <br> May 31, 2025** | **Additions** | **Reductions** | **Realized** <br> **Gain (Loss)** | **Net Change in Unrealized Appreciation (Depreciation)** | **Value as of**<br> **February 28, 2026** | **Shares as of February 28, 2026** | **Dividend /** <br> **Interest Income** | **Capital Gain Distributions from Underlying Funds** |
| Clearshares Ultra-Short Maturity ETF | $6036038 | $138670 | $– | $– | $(4092) | $6170616 | 61663 | $174003 | $– |
|  | $**6036038** | $**138670** | $**–** | $**–** | $**(4092)** | $**6170616** | **61663** | $**174003** | $**–** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ETF Series Solutions

- **b. Investment Company Act file number:** 811-22668

- **c. CIK number of Registrant:** 0001540305

- **d. LEI of Registrant:** 5493008BB0X0GYS3UI50

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 615 E Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1645

**Item A.2. Information about the Series.**

- **a. Name of Series:** ClearShares OCIO ETF

- **b. EDGAR series identifier (if any):** S000057712

- **c. LEI of Series:** 549300PGSA50ZWV95150

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2026-02-28

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $181844059.38

**Total Liabilities:** $10026000.92

**Net Assets:** $171818058.46

**Cash Not Reported:** $16649.01

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000186111 | 0.52%                | 1.87%                | 1.31%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-384.50                 | $-432840.09                                |
| Month 2  | $19661.70                | $3031430.76                                |
| Month 3  | $0.00                    | $2023075.91                                |

**Designated Index Information**

- **Index Name:** Fund's Securities Portfolio

- **Index Identifier:** VLV3XNC3S7

### Schedule of Portfolio Investments

| Name                                      | Title                                                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Vanguard Total Bond Market ETF            | Vanguard Total Bond Market ETF                                  | CUSIP: 921937835<br>LEI: N/A                  | Long             | EC               | RF                | US        |     70000 | NS      | $5261900.00   | 3.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Short-Term Treasury E            | Vanguard Short-Term Treasury ETF                                | CUSIP: 92206C102<br>LEI: N/A                  | Long             | EC               | RF                | US        |     50000 | NS      | $2950000.00   | 1.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Short-Term Corporate             | Vanguard Short-Term Corporate Bond ETF                          | CUSIP: 92206C409<br>LEI: N/A                  | Long             | EC               | RF                | US        |     50000 | NS      | $4010000.00   | 2.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard S&P 500 ETF                      | Vanguard S&P 500 ETF                                            | CUSIP: 922908363<br>LEI: N/A                  | Long             | EC               | RF                | US        |     11410 | NS      | $7200166.40   | 4.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Value ETF                        | Vanguard Value ETF                                              | CUSIP: 922908744<br>LEI: N/A                  | Long             | EC               | RF                | US        |     35986 | NS      | $7458458.36   | 4.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Total Stock Market ET            | Vanguard Total Stock Market ETF                                 | CUSIP: 922908769<br>LEI: N/A                  | Long             | EC               | RF                | US        |     23718 | NS      | $8034946.86   | 4.68%             |  |  |  | No            | 1                  | On Loan: No      |
| State Street SPDR S&P 500 ETF             | State Street SPDR S&P 500 ETF Trust                             | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | RF                | US        |     11433 | NS      | $7842923.67   | 4.56%             |  |  |  | No            | 1                  | On Loan: No      |
| State Street SPDR Portfolio S&            | State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF | CUSIP: 78464A805<br>LEI: 549300JAJ4RW35D8TD75 | Long             | EC               | RF                | US        |    103794 | NS      | $8663685.18   | 5.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Schwab International Equity ET            | Schwab International Equity ETF                                 | CUSIP: 808524805<br>LEI: 5493003PP4X6ZGIBL520 | Long             | EC               | RF                | US        |    241424 | NS      | $6525690.72   | 3.80%             |  |  |  | No            | 1                  | On Loan: No      |
| State Street Technology Select            | State Street Technology Select Sector SPDR ETF                  | CUSIP: 81369Y803<br>LEI: 549300BR5T0JNM2MW070 | Long             | EC               | RF                | US        |     60000 | NS      | $8325600.00   | 4.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard FTSE Developed Market            | Vanguard FTSE Developed Markets ETF                             | CUSIP: 921943858<br>LEI: N/A                  | Long             | EC               | RF                | US        |    147616 | NS      | $10368547.84  | 6.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard High Dividend Yield E            | Vanguard High Dividend Yield ETF                                | CUSIP: 921946406<br>LEI: N/A                  | Long             | EC               | RF                | US        |     20458 | NS      | $3172012.90   | 1.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard FTSE Emerging Markets            | Vanguard FTSE Emerging Markets ETF                              | CUSIP: 922042858<br>LEI: N/A                  | Long             | EC               | RF                | US        |     89142 | NS      | $5179150.20   | 3.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Information Technolog            | Vanguard Information Technology ETF                             | CUSIP: 92204A702<br>LEI: N/A                  | Long             | EC               | RF                | US        |      5500 | NS      | $3996850.00   | 2.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Intermediate-Term Tre            | Vanguard Intermediate-Term Treasury ETF                         | CUSIP: 92206C706<br>LEI: N/A                  | Long             | EC               | RF                | US        |     65000 | NS      | $3947450.00   | 2.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Growth ETF                       | Vanguard Growth ETF                                             | CUSIP: 922908736<br>LEI: N/A                  | Long             | EC               | RF                | US        |      2085 | NS      | $960913.95    | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                       | Vanguard S&P 500 ETF                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -114 | NC      | $-1140.00     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                       | Vanguard Growth ETF                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -20 | NC      | $-850.00      | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                       | Vanguard FTSE Emerging Markets ETF                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -1 | NC      | $-22.50       | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   9861750 | NS      | $9861750.00   | 5.74%             |  |  |  | No            | N/A                | On Loan: No      |
| N/A                                       | iShares MSCI EAFE ETF                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -716 | NC      | $-49404.00    | -0.03%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                       | Invesco QQQ Trust Series 1                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -178 | NC      | $-24653.00    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Clearshares Ultra-Short Maturi            | Clearshares Ultra-Short Maturity ETF                            | CUSIP: 26922A453<br>LEI: 5493008EIECR7GCU8I31 | Long             | EC               | RF                | US        |     61663 | NS      | $6170616.41   | 3.59%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Government Obli            | First American Government Obligations Fund                      | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    447743 | NS      | $447743.20    | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Invesco QQQ Trust Series 1                | Invesco QQQ Trust Series 1                                      | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             | EC               | RF                | US        |     17837 | NS      | $10832231.73  | 6.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Invesco S&P 500 Equal Weight E            | Invesco S&P 500 Equal Weight ETF                                | CUSIP: 46137V357<br>LEI: 549300F8VBQFIX481R47 | Long             | EC               | RF                | US        |     12935 | NS      | $2651286.95   | 1.54%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Core S&P 500 ETF                  | iShares Core S&P 500 ETF                                        | CUSIP: 464287200<br>LEI: 5493007M4YMN8XL48C14 | Long             | EC               | RF                | US        |     11128 | NS      | $7671420.64   | 4.46%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Core U.S. Aggregate Bo            | iShares Core U.S. Aggregate Bond ETF                            | CUSIP: 464287226<br>LEI: 549300F7VSXTKBGHJE47 | Long             | EC               | RF                | US        |     45574 | NS      | $4621203.60   | 2.69%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares 7-10 Year Treasury Bon            | iShares 7-10 Year Treasury Bond ETF                             | CUSIP: 464287440<br>LEI: 549300XS1PPZG92M8L16 | Long             | EC               | RF                | US        |     72000 | NS      | $7055280.00   | 4.11%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares MSCI EAFE ETF                     | iShares MSCI EAFE ETF                                           | CUSIP: 464287465<br>LEI: 549300O0XO3KDQV68404 | Long             | EC               | RF                | US        |     71608 | NS      | $7546051.04   | 4.39%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Russell Mid-Cap Growth            | iShares Russell Mid-Cap Growth ETF                              | CUSIP: 464287481<br>LEI: 5493004I787UFE6AN650 | Long             | EC               | RF                | US        |     40941 | NS      | $5598681.75   | 3.26%             |  |  |  | No            | 1                  | On Loan: —       |
| iShares Core S&P Mid-Cap ETF              | iShares Core S&P Mid-Cap ETF                                    | CUSIP: 464287507<br>LEI: 549300ODQWH5PC0IUZ78 | Long             | EC               | RF                | US        |     30000 | NS      | $2144700.00   | 1.25%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Intermediate Governmen            | iShares Intermediate Government/Credit Bond ETF                 | CUSIP: 464288612<br>LEI: 549300USOBX01WS0GK74 | Long             | EC               | RF                | US        |     45123 | NS      | $4886369.67   | 2.84%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares 3-7 Year Treasury Bond            | iShares 3-7 Year Treasury Bond ETF                              | CUSIP: 464288661<br>LEI: 549300BUGBHWMFPSNL42 | Long             | EC               | RF                | US        |     61378 | NS      | $7409552.16   | 4.31%             |  |  |  | No            | 1                  | On Loan: —       |
| iShares 0-5 Year TIPS Bond ETF            | iShares 0-5 Year TIPS Bond ETF                                  | CUSIP: 46429B747<br>LEI: 549300GIWSEGOQLZR212 | Long             | EC               | RF                | US        |     21148 | NS      | $2185011.36   | 1.27%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares MSCI Emerging Markets             | iShares MSCI Emerging Markets ex China ETF                      | CUSIP: 46434G764<br>LEI: 549300OO3LEZN53XCB15 | Long             | EC               | RF                | US        |     19070 | NS      | $1672057.60   | 0.97%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Currency Hedged MSCI E            | iShares Currency Hedged MSCI EAFE ETF                           | CUSIP: 46434V803<br>LEI: 549300W1V5QT6T1KPB54 | Long             | EC               | RF                | US        |    137735 | NS      | $6202207.05   | 3.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Conductor Global Equity Value             | Conductor Global Equity Value ETF                               | CUSIP: 90214Q584<br>LEI: 549300SM234SHZO4HN34 | Long             | EC               | RF                | US        |     56470 | NS      | $962051.16    | 0.56%             |  |  |  | No            | 1                  | On Loan: —       |
| N/A                                       | State Street SPDR S&P 500 ETF Trust                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -114 | NC      | $-2223.00     | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| N/A                                       | State Street Technology Select Sector SPDR ETF                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -600 | NC      | $-15000.00    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2026-04-27

**Name of Applicant:** ETF Series Solutions

**Signature:** /s/ Kristen Weitzel

**Name of Signer:** ETF Series Solutions

**Title:** Treasurer