# EDGAR Filing Document

**Accession Number:** 0001452937
**File Stem:** 0002048251-26-002569
**Filing Date:** 2026-3
**Character Count:** 52577
**Document Hash:** b188cdac098aace8b841144d04570e8e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-002569.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0002048251-26-002569

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EXCHANGE TRADED CONCEPTS TRUST
- **CENTRAL INDEX KEY:** 0001452937

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22263
- **FILM NUMBER:** 26820382

**BUSINESS ADDRESS:**
- **STREET 1:** 10900 HEFNER POINTE DRIVE
- **STREET 2:** SUITE 400
- **CITY:** OKLAHOMA CITY
- **STATE:** OK
- **ZIP:** 73120
- **BUSINESS PHONE:** 405-778-8377

**MAIL ADDRESS:**
- **STREET 1:** 10900 HEFNER POINTE DRIVE
- **STREET 2:** SUITE 400
- **CITY:** OKLAHOMA CITY
- **STATE:** OK
- **ZIP:** 73120

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FAITHSHARES TRUST
- **DATE OF NAME CHANGE:** 20090717

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FAITHSHARES INC
- **DATE OF NAME CHANGE:** 20090225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VERITAS FUNDS INC
- **DATE OF NAME CHANGE:** 20081230

## Series and Classes Contracts Data

### Bluemonte Large Cap Growth ETF (Series ID: S000092507)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000260538 | Bluemonte Large Cap Growth ETF | BLGR            |

## Nport-Ex

**Bluemonte**

**Large Cap Core ETF**

Schedule of Investments

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **EXCHANGE-TRADED FUNDS — 99.4%** | **EXCHANGE-TRADED FUNDS — 99.4%** | **EXCHANGE-TRADED FUNDS — 99.4%** |
| **Domestic Equity — 99.4%** |  |  |
| &nbsp;&nbsp;&nbsp;iShares Morningstar U.S. Equity ETF | 528809 | $50575293 |
| &nbsp;&nbsp;&nbsp;State Street SPDR Portfolio S&P 500 ETF† | 1259453 | 102519474 |
| &nbsp;&nbsp;&nbsp;Vanguard Growth ETF† | 183439 | 88335050 |
| &nbsp;&nbsp;&nbsp;Vanguard Value ETF | 63286 | 12641379 |
|  |  | 254071196 |
| Total Exchange-Traded Funds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $231,479,917) |  | 254071196 |
| Total Investments - 99.4% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $231,479,917) |  | $&nbsp;&nbsp;&nbsp;&nbsp;254071196 |

---

Percentages are based on Net Assets of $255,611,958.

† Represents greater than 25% of the Fund's total investments. For further financial information, please go to the Securities Exchange Commission's website at https://www.sec.gov.

ETF — Exchange-Traded Fund <br> S&P — Standard & Poor's <br> SPDR — Standard & Poor's Depositary Receipts

BLU-QH-001-0200

**Bluemonte**

**Large Cap Growth ETF**

Schedule of Investments

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **EXCHANGE-TRADED FUNDS — 99.2%** | **EXCHANGE-TRADED FUNDS — 99.2%** | **EXCHANGE-TRADED FUNDS — 99.2%** |
| **Domestic Equity — 99.2%** | **Domestic Equity — 99.2%** | **Domestic Equity — 99.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Schwab U.S. Large-Cap Growth ETF† | 1698481 | $&nbsp;&nbsp;&nbsp;&nbsp;54351392 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR Portfolio S&P 500 ETF | 234137 | 19058752 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR Portfolio S&P 500 Growth ETF† | 1005274 | 107815636 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Russell 1000 Growth ETF | 226051 | 27132902 |
|  |  | 208358682 |
| Total Exchange-Traded Funds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $184,939,533) |  | 208358682 |
| Total Investments - 99.2% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $184,939,533) |  | $208358682 |

---

Percentages are based on Net Assets of $210,063,380.

† Represents greater than 25% of the Fund's total investments. For further financial information, please go to the Securities Exchange Commission's website at https://www.sec.gov.

ETF — Exchange-Traded Fund <br> S&P — Standard & Poor's <br> SPDR — Standard & Poor's Depositary Receipts

BLU-QH-001-0200

**Bluemonte**

**Large Cap Value ETF**

Schedule of Investments

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **EXCHANGE-TRADED FUNDS — 99.2%** | **EXCHANGE-TRADED FUNDS — 99.2%** | **EXCHANGE-TRADED FUNDS — 99.2%** |
| **Domestic Equity — 99.2%** | **Domestic Equity — 99.2%** | **Domestic Equity — 99.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Schwab U.S. Large-Cap Value ETF† | 2051668 | $63827391 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR Portfolio S&P 500 ETF | 406870 | 33119218 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR Portfolio S&P 500 Value ETF† | 1271131 | 73941690 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Russell 1000 Value ETF | 445572 | 42988787 |
|  |  | 213877086 |
| Total Exchange-Traded Funds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $193,260,194) |  | 213877086 |
| Total Investments - 99.2% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $193,260,194) |  | $213877086 |

---

Percentages are based on Net Assets of $215,635,271.

† Represents greater than 25% of the Fund's total investments. For further financial information, please go to the Securities Exchange Commission's website at https://www.sec.gov.

ETF — Exchange-Traded Fund <br> S&P — Standard & Poor's <br> SPDR — Standard & Poor's Depositary Receipts

BLU-QH-001-0200

**Bluemonte**

**Dynamic Total Market ETF**

Schedule of Investments

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **EXCHANGE-TRADED FUNDS — 99.6%** | **EXCHANGE-TRADED FUNDS — 99.6%** | **EXCHANGE-TRADED FUNDS — 99.6%** |
| **Commodities — 0.0%** | **Commodities — 0.0%** | **Commodities — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Gold Trust\* | 26 | $2371 |
| **Domestic Equity — 99.6%** | **Domestic Equity — 99.6%** | **Domestic Equity — 99.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;AllianzIM US Equity 6 Month Buffer10 Apr\* | 39 | 1366 |
| &nbsp;&nbsp;&nbsp;&nbsp;AllianzIM US Equity 6 Month Buffer10 Feb\* | 54 | 1746 |
| &nbsp;&nbsp;&nbsp;&nbsp;AllianzIM US Equity 6 Month Buffer10 Jan\* | 45 | 1554 |
| &nbsp;&nbsp;&nbsp;&nbsp;AllianzIM US Equity 6 Month Buffer10 Jun\* | 58 | 1691 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avantis U.S. Equity ETF | 28 | 3239 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avantis U.S. Large Cap Value ETF | 35 | 2834 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avantis U.S. Small Cap Equity ETF | 41 | 2569 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital Group Dividend Value ETF | 42 | 1885 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital Group Growth ETF | 81 | 3601 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dimensional US Core Equity 1 ETF | 42 | 3168 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dimensional US Core Equity 2 ETF | 60 | 2441 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dimensional US Core Equity Market ETF | 58 | 2766 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dimensional US Large Cap Value ETF | 12 | 431 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity High Dividend ETF | 60 | 3488 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Trust Capital Strength ETF | 25 | 2419 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Trust Dorsey Wright Focus 5 ETF | 59 | 3923 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Trust Morningstar Dividend Leaders Index Fund | 14 | 670 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Trust North American Energy Infrastructure Fund | 50 | 2005 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Trust Rising Dividend Achievers ETF | 20 | 1445 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Trust Value Line Dividend Index Fund | 55 | 2633 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 52 | 6933 |
| &nbsp;&nbsp;&nbsp;&nbsp;Innovator Equity Managed Floor ETF | 36 | 1335 |
| &nbsp;&nbsp;&nbsp;&nbsp;Innovator U.S. Equity Power Buffer ETF - November\* | 28 | 1180 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco High Yield Equity Dividend Achievers ETF | 25 | 541 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Domestic Equity (continued)** | **Domestic Equity (continued)** | **Domestic Equity (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco NASDAQ 100 ETF | 42 | $10754 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco QQQ Trust, Series 1, Ser 1 | 41 | 25497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco RAFI US 1000 ETF | 111 | 5419 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco S&P 500 Equal Weight ETF | 10 | 1981 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco S&P 500 Equal Weight Health Care ETF | 29 | 935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco S&P 500 Quality ETF | 50 | 3869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco S&P MidCap 400 GARP ETF | 8 | 973 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco S&P SmallCap Consumer Staples ETF | 52 | 1746 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Core Dividend Growth ETF | 36 | 2586 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Core S&P 500 ETF | 17 | 11816 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Core S&P Mid-Cap ETF | 30 | 2060 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Core S&P Small-Cap ETF | 41 | 5208 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Core S&P Total U.S. Stock Market ETF | 23 | 3473 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Core S&P U.S. Value ETF | 12 | 1263 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares ESG Aware MSCI USA ETF | 23 | 3468 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Expanded Tech-Software Sector ETF\* | 25 | 2258 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Morningstar Growth ETF | 50 | 5233 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Morningstar Small-Cap Value ETF | 908467 | 65100745 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI USA Momentum Factor ETF | 19 | 4862 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI USA Quality Factor ETF | 25 | 5060 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Russell 1000 ETF | 15 | 5677 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Russell 1000 Growth ETF | 41 | 19104 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Russell 1000 Value ETF | 11 | 2418 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Russell 2000 ETF | 51 | 13242 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Russell 2500 ETF | 54 | 4255 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Russell Mid-Cap ETF | 32 | 3174 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Russell Mid-Cap Growth ETF | 26 | 3527 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares S&P 100 ETF | 37 | 12712 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares S&P 500 Growth ETF | 24 | 2973 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares S&P 500 Value ETF | 11 | 2390 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares S&P Mid-Cap 400 Growth ETF | 4 | 403 |

---

**Bluemonte**

**Dynamic Total Market ETF**

Schedule of Investments

January 31, 2026 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Domestic Equity (continued)** | **Domestic Equity (continued)** | **Domestic Equity (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Select Dividend ETF | 33 | $4965 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares U.S. Equity Factor Rotation Active ETF | 42 | 2583 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares U.S. Industrials ETF | 14 | 2154 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares U.S. Insurance ETF | 13 | 1729 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares U.S. Tech Breakthrough Multisector ETF | 40 | 2394 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares U.S. Technology ETF | 43 | 8530 |
| &nbsp;&nbsp;&nbsp;&nbsp;LHA Market State Tactical Beta ETF | 59 | 2370 |
| &nbsp;&nbsp;&nbsp;&nbsp;ProShares S&P 500 Dividend Aristocrats ETF | 54 | 5938 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schwab 1000 Index ETF | 49 | 1630 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schwab U.S. Broad Market ETF | 17 | 453 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schwab U.S. Dividend Equity ETF | 76 | 2266 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schwab U.S. Large-Cap ETF | 28 | 763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schwab U.S. Large-Cap Growth ETF | 103 | 3296 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schwab U.S. Large-Cap Value ETF | 63 | 1960 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schwab U.S. Mid-Cap ETF | 77 | 2435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schwab U.S. REIT ETF | 23 | 492 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schwab U.S. Small-Cap ETF | 717102 | 21541744 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Consumer Discretionary Select Sector SPDR ETF | 48 | 5816 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Consumer Staples Select Sector SPDR ETF | 14 | 1169 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Energy Select Sector SPDR ETF | 76 | 3880 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Financial Select Sector SPDR ETF | 43 | 2298 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Real Estate Select Sector SPDR ETF | 53 | 2196 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF | 99 | 8302 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR Portfolio S&P 500 ETF† | 2535718 | 206407445 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR Portfolio S&P 500 Growth ETF | 46 | 4933 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR Portfolio S&P 500 Value ETF | 83 | 4828 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR Portfolio S&P 600 Small Capital ETF | 67 | 3314 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR S&P 400 Mid Capital Growth ETF | 35 | 3363 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Domestic Equity (continued)** | **Domestic Equity (continued)** | **Domestic Equity (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR S&P 400 Mid Capital Value ETF | 18 | $1586 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR S&P 500 ETF Trust | 42 | 29063 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR S&P 600 Small Capital Growth ETF | 50 | 4937 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR S&P 600 Small Capital Value ETF | 15 | 1454 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR S&P Dividend ETF | 17 | 2528 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Technology Select Sector SPDR ETF | 42 | 6043 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Utilities Select Sector SPDR ETF | 74 | 3201 |
| &nbsp;&nbsp;&nbsp;&nbsp;VanEck Morningstar Wide Moat ETF | 49 | 5133 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Dividend Appreciation ETF | 21 | 4704 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Growth ETF | 15 | 7223 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard High Dividend Yield ETF | 38 | 5698 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Large-Cap ETF | 31 | 9871 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Mid-Cap ETF | 48 | 14212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Mid-Cap Growth ETF | 24 | 6648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Mid-Cap Value ETF | 31 | 5730 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Real Estate ETF | 37 | 3360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Russell 1000 Growth ETF | 52 | 6242 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Russell 1000 Value ETF | 60 | 5789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Russell 2000 ETF† | 1216124 | 127595730 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard S&P 500 ETF | 51 | 32447 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Small-Cap ETF | 34 | 9176 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Total Stock Market ETF | 15 | 5109 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Value ETF | 36 | 7191 |
| &nbsp;&nbsp;&nbsp;&nbsp;WisdomTree U.S. Quality Dividend Growth Fund | 25 | 2289 |
| &nbsp;&nbsp;&nbsp;&nbsp;WisdomTree U.S. SmallCap Fund | 51 | 3037 |
| &nbsp;&nbsp;&nbsp;&nbsp;WisdomTree US SmallCap Dividend Fund | 12 | 429 |
|  |  | 421137020 |
| **Domestic Fixed Income — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dimensional Core Fixed Income ETF | 22 | 938 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Trust Preferred Securities and Income ETF | 27 | 494 |

---

**Bluemonte**

**Dynamic Total Market ETF**

Schedule of Investments

January 31, 2026 (Unaudited) (Continued)

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Fair Value | Fair Value |
| **Domestic Fixed Income (continued)** | **Domestic Fixed Income (continued)** | **Domestic Fixed Income (continued)** | **Domestic Fixed Income (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Flexible Income Active ETF | 39 | $| 2072 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Morningstar Multi-Asset Income ETF | 23 |  | 509 |
|  |  |  | 4013 |
| **International Equity — 0.0%** | **International Equity — 0.0%** | **International Equity — 0.0%** | **International Equity — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital Group International Focus Equity ETF | 23 |  | 718 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital Group New Geography Equity ETF | 21 |  | 707 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dimensional Emerging Markets Core Equity 2 ETF | 27 |  | 960 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dimensional Global Real Estate ETF | 16 |  | 433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dimensional International Core Equity 2 ETF | 72 |  | 2613 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dimensional World ex US Core Equity 2 ETF | 61 |  | 2117 |
| &nbsp;&nbsp;&nbsp;&nbsp;Franklin International Core Dividend Tilt Index ETF | 40 |  | 1644 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Core MSCI EAFE ETF | 52 |  | 4891 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Core MSCI Emerging Markets ETF | 44 |  | 3193 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Core MSCI International Developed Markets ETF | 19 |  | 1640 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Currency Hedged MSCI EAFE ETF | 26 |  | 1113 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Future Exponential Technologies ETF | 35 |  | 2533 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI ACWI ex U.S. ETF | 23 |  | 1628 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI EAFE ETF | 53 |  | 5339 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI EAFE Growth ETF | 30 |  | 3568 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI EAFE Min Vol Factor ETF | 8 |  | 713 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI EAFE Value ETF | 49 |  | 3692 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI Emerging Markets ex China ETF | 33 |  | 2634 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI World ETF | 14 |  | 2655 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schwab Emerging Markets Equity ETF | 41 |  | 1410 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schwab International Equity ETF | 32 |  | 814 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR Portfolio Developed World ex-US ETF | 81 |  | 3805 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR Portfolio Emerging Markets ETF | 34 |  | 1673 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares | Fair Value | Fair Value |
| **International Equity (continued)** | **International Equity (continued)** | **International Equity (continued)** | **International Equity (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street SPDR S&P Kensho New Economies Composite ETF | 13 | $| 820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard FTSE All-World ex-US ETF, Cl U | 29 |  | 2254 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard FTSE Developed Markets ETF | 46 |  | 3045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard FTSE Emerging Markets ETF | 15 |  | 847 |
| &nbsp;&nbsp;&nbsp;&nbsp;WisdomTree International MidCap Dividend Fund | 17 |  | 1435 |
|  |  |  | 58894 |
| Total Exchange-Traded Funds |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $385,774,912) |  |  | 421202298 |
| **COMMON STOCK — 0.2%** | **COMMON STOCK — 0.2%** | **COMMON STOCK — 0.2%** | **COMMON STOCK — 0.2%** |
| **Communication Services — 0.0%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Cl A | 41 |  | 13858 |
| &nbsp;&nbsp;&nbsp;&nbsp;AT&T | 55 |  | 1442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comcast, Cl A | 29 |  | 863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lumen Technologies\* | 56 |  | 494 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Cl A | 39 |  | 27944 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nintendo ADR | 35 |  | 539 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications | 26 |  | 1157 |
| &nbsp;&nbsp;&nbsp;&nbsp;Versant Media Group\* | 1 |  | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walt Disney | 35 |  | 3948 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warner Bros Discovery\* | 49 |  | 1349 |
|  |  |  | 51632 |
| **Consumer Discretionary — 0.0%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com\* | 52 |  | 12444 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Motor | 46 |  | 639 |
| &nbsp;&nbsp;&nbsp;&nbsp;Home Depot | 51 |  | 19104 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lowe's | 26 |  | 6944 |
| &nbsp;&nbsp;&nbsp;&nbsp;McDonald's | 28 |  | 8820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Service Corp International | 44 |  | 3539 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starbucks | 37 |  | 3402 |
| &nbsp;&nbsp;&nbsp;&nbsp;TJX | 46 |  | 6891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Williams-Sonoma | 53 |  | 10846 |
|  |  |  | 72629 |
| **Consumer Staples — 0.0%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Altria Group | 50 |  | 3100 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola | 59 |  | 4414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Costco Wholesale | 54 |  | 50774 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mondelez International, Cl A | 53 |  | 3099 |
| &nbsp;&nbsp;&nbsp;&nbsp;PepsiCo | 58 |  | 8910 |
| &nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble | 52 |  | 7892 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sysco | 31 |  | 2599 |

---

**Bluemonte**

**Dynamic Total Market ETF**

Schedule of Investments

January 31, 2026 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Consumer Staples — continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Walmart | 36 | $4289 |
|  |  | 85077 |
| **Energy — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream | 28 | 527 |
| &nbsp;&nbsp;&nbsp;&nbsp;BP ADR | 36 | 1364 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chevron | 32 | 5661 |
| &nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips | 23 | 2397 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil | 58 | 8201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan | 36 | 1098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum | 8 | 1409 |
| &nbsp;&nbsp;&nbsp;&nbsp;ONEOK | 6 | 475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Phillips 66 | 19 | 2728 |
| &nbsp;&nbsp;&nbsp;&nbsp;Williams | 51 | 3430 |
|  |  | 27290 |
| **Financials — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aflac | 48 | 5326 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allstate | 32 | 6368 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ares Capital | 30 | 597 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ares Management, Cl A | 45 | 6735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America | 20 | 1064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bankinter ADR | 14 | 243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Cl B\* | 51 | 24507 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab | 41 | 4261 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chubb | 26 | 8048 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 54 | 2712 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gladstone Investment | 27 | 373 |
| &nbsp;&nbsp;&nbsp;&nbsp;Globe Life | 21 | 2945 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group | 49 | 45835 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hartford Financial Services Group | 54 | 7293 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase | 19 | 5812 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mizuho Financial Group ADR | 44 | 380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley | 43 | 7860 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prudential Financial | 50 | 5555 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regions Financial | 19 | 541 |
| &nbsp;&nbsp;&nbsp;&nbsp;ServisFirst Bancshares | 30 | 2456 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Technologies\* | 17 | 388 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toronto-Dominion Bank | 31 | 2898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Truist Financial | 32 | 1645 |
| &nbsp;&nbsp;&nbsp;&nbsp;US Bancorp | 42 | 2357 |
| &nbsp;&nbsp;&nbsp;&nbsp;Visa, Cl A | 49 | 15770 |
|  |  | 161969 |
| **Health Care — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Abbott Laboratories | 30 | 3279 |
| &nbsp;&nbsp;&nbsp;&nbsp;AbbVie | 24 | 5353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amgen | 15 | 5128 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVS Health | 97 | 7228 |
| &nbsp;&nbsp;&nbsp;&nbsp;Danaher | 29 | 6348 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Health Care — continued** | **Health Care — continued** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences | 38 | $5394 |
| &nbsp;&nbsp;&nbsp;&nbsp;Haleon ADR | 16 | 167 |
| &nbsp;&nbsp;&nbsp;&nbsp;Johnson & Johnson | 35 | 7954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Merck | 28 | 3087 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pfizer | 49 | 1296 |
| &nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group | 49 | 14060 |
|  |  | 59294 |
| **Industrials — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Boeing\* | 53 | 12387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian Pacific Kansas City | 52 | 3865 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carrier Global | 32 | 1906 |
| &nbsp;&nbsp;&nbsp;&nbsp;Caterpillar | 47 | 30896 |
| &nbsp;&nbsp;&nbsp;&nbsp;Copart\* | 42 | 1705 |
| &nbsp;&nbsp;&nbsp;&nbsp;Covenant Logistics Group, Cl A | 28 | 689 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSX | 7 | 264 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eaton PLC | 47 | 16517 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Electric | 13 | 3989 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hertz Global Holdings\* | 32 | 157 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paychex | 55 | 5672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic Services, Cl A | 23 | 4947 |
| &nbsp;&nbsp;&nbsp;&nbsp;RTX | 40 | 8037 |
| &nbsp;&nbsp;&nbsp;&nbsp;Union Pacific | 58 | 13636 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waste Management | 59 | 13112 |
|  |  | 117779 |
| **Information Technology — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accenture PLC, Cl A | 106 | 27946 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amphenol, Cl A | 50 | 7204 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apple | 48 | 12455 |
| &nbsp;&nbsp;&nbsp;&nbsp;Applied Materials | 30 | 9670 |
| &nbsp;&nbsp;&nbsp;&nbsp;Broadcom | 24 | 7951 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems | 57 | 4464 |
| &nbsp;&nbsp;&nbsp;&nbsp;DocuSign, Cl A\* | 50 | 2627 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hackett Group | 41 | 748 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Business Machines | 23 | 7054 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microsoft | 20 | 8606 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVIDIA | 62 | 11850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oracle | 47 | 7735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pure Storage, Cl A\* | 42 | 2921 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qnity Electronics | 15 | 1395 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qualcomm | 37 | 5609 |
| &nbsp;&nbsp;&nbsp;&nbsp;Salesforce | 51 | 10827 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing ADR | 24 | 7933 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Instruments | 30 | 6466 |
|  |  | 143461 |

---

**Bluemonte**

**Dynamic Total Market ETF**

Schedule of Investments

January 31, 2026 (Unaudited) (Concluded)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Materials — 0.0%** | **Materials — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dow | 107 | $2948 |
| &nbsp;&nbsp;&nbsp;&nbsp;DuPont de Nemours | 29 | 1273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Freeport-McMoRan, Cl B | 21 | 1265 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging Holding | 46 | 674 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hecla Mining | 28 | 631 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newmont | 24 | 2696 |
| &nbsp;&nbsp;&nbsp;&nbsp;Packaging Corp of America | 14 | 3116 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pan American Silver | 50 | 2730 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wheaton Precious Metals | 45 | 5934 |
|  |  | 21267 |
| **Real Estate — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain<sup>‡</sup> | 32 | 2948 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prologis<sup>‡</sup> | 34 | 4439 |
| &nbsp;&nbsp;&nbsp;&nbsp;Realty Income<sup>‡</sup> | 34 | 2079 |
| &nbsp;&nbsp;&nbsp;&nbsp;STAG Industrial<sup>‡</sup> | 21 | 788 |
|  |  | 10254 |
| **Utilities — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameren | 53 | 5474 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Electric Power | 28 | 3354 |
| &nbsp;&nbsp;&nbsp;&nbsp;Duke Energy | 38 | 4611 |
| &nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy | 47 | 4131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Service Enterprise Group | 11 | 906 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern | 61 | 5448 |
| &nbsp;&nbsp;&nbsp;&nbsp;WEC Energy Group | 45 | 4980 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xcel Energy | 47 | 3575 |
|  |  | 32479 |
| Total Common Stock |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $476,271) |  | 783131 |
| **CLOSED-END FUNDS — 0.0%** |  |  |
| **Domestic Equity — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BlackRock Science and Technology Term Trust | 53 | 1186 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eaton Vance Enhanced Equity Income Fund | 36 | 755 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eaton Vance Tax-Managed Diversified Equity Income Fund | 55 | 840 |
|  |  | 2781 |
| **Domestic Fixed Income — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cohen & Steers REIT and Preferred and Income Fund | 50 | 1017 |
| &nbsp;&nbsp;&nbsp;&nbsp;DNP Select Income Fund | 19 | 193 |
| &nbsp;&nbsp;&nbsp;&nbsp;FS Credit Opportunities Corp. | 12 | 73 |
|  |  | 1283 |
| Total Closed-End Funds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $3,254) |  | 4064 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **PREFERRED STOCK — 0.0%** | **PREFERRED STOCK — 0.0%** | **PREFERRED STOCK — 0.0%** |
| **Financials — 0.0%** | **Financials — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group, 4.797% | 30 | $604 |
| &nbsp;&nbsp;&nbsp;&nbsp;MetLife, 4.985% | 30 | 653 |
|  |  | 1257 |
| Total Preferred Stock |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $1,268) |  | 1257 |
| Total Investments - 99.8% |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Cost $386,255,705) |  | $421990750 |

---

Percentages are based on Net Assets of $422,672,635.

---

| | |
|:---|:---|
| \* | Non-income producing security. |
| † | Represents greater than 25% of the Fund's total investments. For further financial information, please go to the Securities Exchange Commission's website at https://www.sec.gov. |
| ‡ | Real Estate Investment Trust. |

---

---

| |
|:---|
| ACWI — All Country World Index |
| ADR — American Depositary Receipt |
| Cl — Class |
| EAFE — Europe, Australasia and the Far East |
| ESG — Environmental, Social and Governance |
| ETF — Exchange-Traded Fund |
| FTSE — Financial Times Stock Exchange |
| GARP — Growth at a Reasonable Price |
| NASDAQ — National Association of Securities Dealers Automated Quotations |
| PLC — Public Limited Company |
| REIT — Real Estate Investment Trust |
| S&P— Standard & Poor's |
| Ser — Series |
| SPDR — Standard & Poor's Depositary Receipts |

---

BLU-QH-001-0200

**Bluemonte**

**Global Equity ETF**

Schedule of Investments

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **EXCHANGE-TRADED FUNDS — 99.3%** | **EXCHANGE-TRADED FUNDS — 99.3%** | **EXCHANGE-TRADED FUNDS — 99.3%** |
| **Commodities — 0.0%** | **Commodities — 0.0%** | **Commodities — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Gold Trust\* | 1 | $91 |
| **Domestic Equity — 28.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AllianzIM US Equity 6 Month Buffer10 Apr\* | 1 | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;AllianzIM US Equity 6 Month Buffer10 Feb\* | 1 | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp;AllianzIM US Equity 6 Month Buffer10 Jan\* | 1 | 34 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avantis U.S. Equity ETF | 2 | 231 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital Group Dividend Value ETF | 1 | 45 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dimensional US Core Equity 1 ETF | 1 | 75 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dimensional US Core Equity Market ETF | 2 | 95 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity High Dividend ETF | 1 | 58 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Trust Dorsey Wright Focus 5 ETF | 2 | 133 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Trust Morningstar Dividend Leaders Index Fund | 1 | 48 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 1 | 133 |
| &nbsp;&nbsp;&nbsp;&nbsp;Innovator Equity Managed Floor ETF | 1 | 37 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco High Yield Equity Dividend Achievers ETF | 8 | 173 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco NASDAQ 100 ETF | 1 | 256 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco QQQ Trust, Series 1, Ser 1 | 2 | 1244 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco RAFI US 1000 ETF | 1 | 49 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco S&P 500 Equal Weight ETF | 1 | 198 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Core Dividend Growth ETF | 1 | 72 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Core S&P 500 ETF | 2 | 1390 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Core S&P Small-Cap ETF | 2 | 254 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares ESG Aware MSCI USA ETF | 2 | 301 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Morningstar Growth ETF | 1 | 105 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares MSCI USA Quality Factor ETF | 2 | 405 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Russell 1000 ETF | 2 | 757 |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Russell 1000 Growth ETF | 2 | 932 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Domestic Equity (continued)** | **Domestic Equity (continued)** | **Domestic Equity (continued)** |
| &nbsp;&nbsp;&nbsp;iShares Russell 1000 Value ETF | 1 | $220 |
| &nbsp;&nbsp;&nbsp;iShares Russell 2000 ETF | 1 | 260 |
| &nbsp;&nbsp;&nbsp;iShares Russell 2500 ETF | 1 | 79 |
| &nbsp;&nbsp;&nbsp;iShares Russell Mid-Cap Growth ETF | 1 | 136 |
| &nbsp;&nbsp;&nbsp;iShares S&P 500 Value ETF | 1 | 217 |
| &nbsp;&nbsp;&nbsp;iShares S&P Mid-Cap 400 Growth ETF | 1 | 101 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Equity Factor Rotation Active ETF | 1 | 61 |
| &nbsp;&nbsp;&nbsp;iShares U.S. Technology ETF | 2 | 397 |
| &nbsp;&nbsp;&nbsp;ProShares S&P 500 Dividend Aristocrats ETF | 2 | 220 |
| &nbsp;&nbsp;&nbsp;Schwab U.S. Broad Market ETF | 1 | 27 |
| &nbsp;&nbsp;&nbsp;Schwab U.S. Dividend Equity ETF | 40 | 1193 |
| &nbsp;&nbsp;&nbsp;Schwab U.S. Large-Cap Value ETF | 1 | 31 |
| &nbsp;&nbsp;&nbsp;Schwab U.S. Mid-Cap ETF | 1 | 32 |
| &nbsp;&nbsp;&nbsp;Schwab U.S. REIT ETF | 1 | 21 |
| &nbsp;&nbsp;&nbsp;Schwab U.S. Small-Cap ETF | 1 | 30 |
| &nbsp;&nbsp;&nbsp;State Street Energy Select Sector SPDR ETF | 4 | 204 |
| &nbsp;&nbsp;&nbsp;State Street Real Estate Select Sector SPDR ETF | 27 | 1119 |
| &nbsp;&nbsp;&nbsp;State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF | 1 | 84 |
| &nbsp;&nbsp;&nbsp;State Street SPDR Portfolio S&P 500 ETF† | 1029770 | 83823278 |
| &nbsp;&nbsp;&nbsp;State Street SPDR Portfolio S&P 600 Small Capital ETF | 1 | 49 |
| &nbsp;&nbsp;&nbsp;State Street SPDR S&P Dividend ETF | 1 | 149 |
| &nbsp;&nbsp;&nbsp;State Street Technology Select Sector SPDR ETF | 4 | 575 |
| &nbsp;&nbsp;&nbsp;VanEck Morningstar Wide Moat ETF | 1 | 105 |
| &nbsp;&nbsp;&nbsp;Vanguard Dividend Appreciation ETF | 1 | 224 |
| &nbsp;&nbsp;&nbsp;Vanguard Growth ETF | 1 | 482 |
| &nbsp;&nbsp;&nbsp;Vanguard Mid-Cap Growth ETF | 1 | 277 |
| &nbsp;&nbsp;&nbsp;Vanguard Mid-Cap Value ETF | 1 | 185 |
| &nbsp;&nbsp;&nbsp;Vanguard Real Estate ETF | 9 | 817 |
| &nbsp;&nbsp;&nbsp;Vanguard Russell 1000 Growth ETF | 1 | 120 |
| &nbsp;&nbsp;&nbsp;Vanguard Russell 1000 Value ETF | 1 | 96 |

---

**Bluemonte**

**Global Equity ETF**

Schedule of Investments

January 31, 2026 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **Domestic Equity (continued)** | **Domestic Equity (continued)** | **Domestic Equity (continued)** |
| &nbsp;&nbsp;&nbsp;Vanguard S&P 500 ETF | 1 | $636 |
| &nbsp;&nbsp;&nbsp;Vanguard Small-Cap ETF | 2 | 540 |
| &nbsp;&nbsp;&nbsp;Vanguard Total Stock Market ETF | 1 | 341 |
| &nbsp;&nbsp;&nbsp;Vanguard Value ETF | 1 | 200 |
| &nbsp;&nbsp;&nbsp;WisdomTree U.S. SmallCap Fund | 1 | 60 |
|  |  | 83839658 |
| **Domestic Fixed Income — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Dimensional Core Fixed Income ETF | 1 | 43 |
| &nbsp;&nbsp;&nbsp;First Trust Preferred Securities and Income ETF | 1 | 18 |
| &nbsp;&nbsp;&nbsp;iShares Flexible Income Active ETF | 1 | 53 |
|  |  | 114 |
| **International Equity — 70.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Capital Group International Focus Equity ETF | 1 | 31 |
| &nbsp;&nbsp;&nbsp;Dimensional Global Real Estate ETF | 4 | 109 |
| &nbsp;&nbsp;&nbsp;Dimensional World ex US Core Equity 2 ETF | 2 | 69 |
| &nbsp;&nbsp;&nbsp;iShares Core MSCI EAFE ETF | 1 | 94 |
| &nbsp;&nbsp;&nbsp;iShares Core MSCI Emerging Markets ETF | 818159 | 59365617 |
| &nbsp;&nbsp;&nbsp;iShares Currency Hedged MSCI EAFE ETF | 1 | 43 |
| &nbsp;&nbsp;&nbsp;iShares Future Exponential Technologies ETF | 1 | 72 |
| &nbsp;&nbsp;&nbsp;iShares MSCI EAFE ETF | 1 | 101 |
| &nbsp;&nbsp;&nbsp;iShares MSCI EAFE Growth ETF | 1 | 119 |
| &nbsp;&nbsp;&nbsp;iShares MSCI EAFE Value ETF | 1 | 75 |
| &nbsp;&nbsp;&nbsp;iShares MSCI Emerging Markets ex China ETF | 1 | 80 |
| &nbsp;&nbsp;&nbsp;Schwab Emerging Markets Equity ETF | 1 | 34 |
| &nbsp;&nbsp;&nbsp;Schwab International Equity ETF | 1 | 26 |
| &nbsp;&nbsp;&nbsp;State Street SPDR Portfolio Developed World ex-US ETF† | 1868102 | 87763432 |
| &nbsp;&nbsp;&nbsp;Vanguard FTSE All-World ex-US ETF, Cl U | 1 | 78 |
| &nbsp;&nbsp;&nbsp;Vanguard FTSE Developed Markets ETF | 885147 | 58596731 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **International Equity (continued)** | **International Equity (continued)** | **International Equity (continued)** |
| &nbsp;&nbsp;&nbsp;Vanguard FTSE Emerging Markets ETF | 2 | $113 |
| &nbsp;&nbsp;&nbsp;WisdomTree International MidCap Dividend Fund | 1 | 84 |
|  |  | 205726908 |
| &nbsp;&nbsp;&nbsp;Total Exchange-Traded Funds <br> (Cost $261,790,071) |  | 289566771 |
| **COMMON STOCK — 0.0%** |  |  |
| **Canada — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;*Industrials — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canadian Pacific Kansas City | 1 | $74 |
| **Ireland — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;*Information Technology — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accenture PLC, Cl A | 58 | 15291 |
| **Japan — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;*Financials — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mizuho Financial Group ADR | 1 | 9 |
| **Taiwan — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;*Information Technology — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing ADR | 1 | 331 |
| **United Kingdom — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;*Energy — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BP ADR | 1 | 38 |
| **United States — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;*Communication Services — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Cl A | 1 | 338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AT&T | 4 | 105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comcast, Cl A | 9 | 268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Cl A | 2 | 1433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications | 9 | 400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walt Disney | 2 | 226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Warner Bros Discovery\* | 1 | 27 |
|  |  | 2797 |
| &nbsp;&nbsp;&nbsp;*Consumer Discretionary — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Home Depot | 2 | 749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lowe's | 1 | 267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starbucks | 21 | 1931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Williams-Sonoma | 1 | 205 |
|  |  | 3152 |

---

**Bluemonte**

**Global Equity ETF**

Schedule of Investments

January 31, 2026 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **United States — continued** |  |  |
| &nbsp;&nbsp;&nbsp;*Consumer Staples — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola | 1 | $75 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PepsiCo | 1 | 153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble | 11 | 1670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Walmart | 1 | 119 |
|  |  | 2017 |
| &nbsp;&nbsp;&nbsp;*Energy — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil | 1 | 141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan | 1 | 31 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum | 1 | 176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phillips 66 | 1 | 144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Williams | 1 | 67 |
|  |  | 559 |
| &nbsp;&nbsp;&nbsp;*Financials — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aflac | 1 | 111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allstate | 1 | 199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ares Capital | 1 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chubb | 2 | 619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 1 | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gladstone Investment | 1 | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Globe Life | 1 | 140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase | 1 | 306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa, Cl A | 2 | 643 |
|  |  | 2102 |
| &nbsp;&nbsp;&nbsp;*Health Care — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Abbott Laboratories | 1 | 109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AbbVie | 1 | 223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVS Health | 1 | 75 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Merck | 1 | 110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pfizer | 1 | 27 |
|  |  | 544 |
| &nbsp;&nbsp;&nbsp;*Industrials — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carrier Global | 3 | 179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSX | 1 | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eaton PLC | 1 | 351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hertz Global Holdings\* | 1 | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Paychex | 3 | 309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Republic Services, Cl A | 1 | 215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Union Pacific | 1 | 235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Waste Management | 2 | 445 |
|  |  | 1777 |
| &nbsp;&nbsp;&nbsp;*Information Technology — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple | 1 | 260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Applied Materials | 1 | 322 |

---

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **United States — continued** |  |  |
| &nbsp;&nbsp;&nbsp;*Information Technology — continued* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Broadcom | 2 | $663 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;International Business Machines | 1 | 307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microsoft | 1 | 430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NVIDIA | 1 | 191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Qualcomm | 2 | 303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Texas Instruments | 17 | 3664 |
|  |  | 6140 |
| &nbsp;&nbsp;&nbsp;*Materials — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dow | 21 | 579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging Holding | 1 | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Newmont | 1 | 112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Packaging Corp of America | 1 | 222 |
|  |  | 928 |
| &nbsp;&nbsp;&nbsp;*Real Estate — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain<sup>‡</sup> | 1 | 92 |
| &nbsp;&nbsp;&nbsp;*Utilities — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Duke Energy | 1 | 122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy | 1 | 88 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Service Enterprise Group | 1 | 82 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southern | 1 | 89 |
|  |  | 381 |
|  |  | 20489 |
| Total Common Stock <br> (Cost $33,961) |  | 36232 |
| **CLOSED-END FUNDS — 0.0%** |  |  |
| **Domestic Equity — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Eaton Vance Enhanced Equity Income Fund | 2 | 42 |
| **Domestic Fixed Income — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;DNP Select Income Fund | 1 | 10 |
| Total Closed-End Funds<br> (Cost $50) |  | 52 |
| **PREFERRED STOCK — 0.0%** |  |  |
| **United States — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;*Financials — 0.0%* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group, 4.797% | 1 | 20 |

---

**Bluemonte**

**Global Equity ETF**

Schedule of Investments

January 31, 2026 (Unaudited) (Concluded)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **United States — continued** |  |  |
| &nbsp;&nbsp;&nbsp;*Financials — continued* |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MetLife, 4.985% | 1 | $22 |
|  |  | 42 |
| Total Preferred Stock<br> (Cost $42) |  | 42 |
| Total Investments - 99.3%<br> (Cost $261,824,124) |  | $289603097 |

---

Percentages are based on Net Assets $291,646,860.

---

| | |
|:---|:---|
| \* | Non-income producing security. |
| † | Represents greater than 25% of the Fund's total investments. For further financial information, please go to the Securities Exchange Commission's website at https://www.sec.gov. |
| ‡ | Real Estate Investment Trust. |

---

---

| |
|:---|
| ADR — American Depositary Receipt |
| Cl — Class |
| EAFE — Europe, Australasia and the Far East |
| ESG — Environmental, Social and Governance |
| ETF — Exchange-Traded Fund |
| FTSE — Financial Times Stock Exchange |
| NASDAQ — National Association of Securities Dealers Automated Quotations |
| PLC — Public Limited Company |
| REIT — Real Estate Investment Trust |
| S&P— Standard & Poor's |
| Ser — Series |
| SPDR — Standard & Poor's Depositary Receipts |

---

BLU-QH-001-0200

**Bluemonte**

**Core Bond ETF**

Schedule of Investments

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **EXCHANGE-TRADED FUNDS — 99.9%** | **EXCHANGE-TRADED FUNDS — 99.9%** | **EXCHANGE-TRADED FUNDS — 99.9%** |
| **Domestic Fixed Income — 99.9%** | **Domestic Fixed Income — 99.9%** | **Domestic Fixed Income — 99.9%** |
| &nbsp;&nbsp;&nbsp;iShares Core U.S. Aggregate Bond ETF† | 1652225 | $165437289 |
| &nbsp;&nbsp;&nbsp;iShares MBS ETF | 652929 | 62478776 |
| &nbsp;&nbsp;&nbsp;Schwab Intermediate-Term U.S. Treasury ETF | 4115722 | 103181151 |
| &nbsp;&nbsp;&nbsp;State Street SPDR Portfolio Corporate Bond ETF | 1402962 | 41317231 |
| &nbsp;&nbsp;&nbsp;Vanguard Long-Term Bond ETF | 290899 | 20258206 |
| &nbsp;&nbsp;&nbsp;Vanguard Short-Term Corporate Bond ETF | 260099 | 20820925 |
|  |  | 413493578 |
| Total Exchange-Traded Funds<br> (Cost $410,223,178) |  | 413493578 |
| Total Investments - 99.9%<br> (Cost $410,223,178) |  | $413493578 |

---

Percentages are based on Net Assets $413,808,765.

† Represents
greater than 25% of the Fund's total investments. For further financial information, please go to the Securities Exchange Commission's
website at https://www.sec.gov.

ETF — Exchange-Traded Fund <br> MBS — Mortgage-Backed Security <br> SPDR — Standard & Poor's Depositary Receipts

BLU-QH-001-0200

**Bluemonte**

**Short Term Bond ETF**

Schedule of Investments

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **EXCHANGE-TRADED FUNDS — 99.6%** | **EXCHANGE-TRADED FUNDS — 99.6%** | **EXCHANGE-TRADED FUNDS — 99.6%** |
| **Domestic Fixed Income — 99.6%** | **Domestic Fixed Income — 99.6%** | **Domestic Fixed Income — 99.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Core U.S. Aggregate Bond ETF† | 361622 | $36209211 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Short-Term Bond ETF† | 998542 | 78814920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Short-Term Corporate Bond ETF | 359476 | 28776054 |
|  |  | 143800185 |
| Total Exchange-Traded Funds<br> (Cost $142,825,620) |  | 143800185 |
| Total Investments - 99.6% <br> (Cost $142,825,620) |  | $143800185 |

---

Percentages are based on Net Assets $144,349,468.

† Represents greater than 25% of the Fund's total investments. For further financial information, please go to the Securities Exchange Commission's website at https://www.sec.gov.

ETF — Exchange-Traded Fund <br>

BLU-QH-001-0200

**Bluemonte**

**Long Term Bond ETF**

Schedule of Investments

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **EXCHANGE-TRADED FUNDS — 99.8%** | **EXCHANGE-TRADED FUNDS — 99.8%** | **EXCHANGE-TRADED FUNDS — 99.8%** |
| **Domestic Fixed Income — 99.8%** | **Domestic Fixed Income — 99.8%** | **Domestic Fixed Income — 99.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;iShares Core U.S. Aggregate Bond ETF† | 359442 | $35990928 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Long-Term Bond ETF† | 1316198 | 91660029 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard Long-Term Corporate Bond ETF | 186092 | 14182071 |
|  |  | 141833028 |
| Total Exchange-Traded Funds<br> (Cost $141,218,553) |  | 141833028 |
| Total Investments - 99.8% <br> (Cost $141,218,553) |  | $141833028 |

---

Percentages are based on Net Assets $142,083,523.

† Represents greater than 25% of the Fund's total investments. For further financial information, please go to the Securities Exchange Commission's website at https://www.sec.gov.

ETF — Exchange-Traded Fund

BLU-QH-001-0200

**Bluemonte**

**Diversified Income ETF**

Schedule of Investments

January 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| Description | Shares | Fair Value |
| **EXCHANGE-TRADED FUNDS — 99.5%** | **EXCHANGE-TRADED FUNDS — 99.5%** | **EXCHANGE-TRADED FUNDS — 99.5%** |
| **Domestic Equity — 20.3%** | **Domestic Equity — 20.3%** | **Domestic Equity — 20.3%** |
| &nbsp;&nbsp;&nbsp;Cohen & Steers Real Estate Active ETF | 357403 | $9338940 |
| &nbsp;&nbsp;&nbsp;Global X MLP ETF | 190356 | 9801431 |
|  |  | 19140371 |
| **Domestic Fixed Income — 79.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Cohen & Steers Preferred and Income Opportunities Active ETF | 357955 | 9367682 |
| &nbsp;&nbsp;&nbsp;First Trust Senior Loan ETF | 202714 | 9207270 |
| &nbsp;&nbsp;&nbsp;PIMCO Active Bond Exchange-Traded Fund, Cl T† | 398208 | 37264305 |
| &nbsp;&nbsp;&nbsp;State Street SPDR Bloomberg High Yield Bond ETF | 190611 | 18645568 |
|  |  | 74484825 |
| Total Exchange-Traded Funds<br> (Cost $92,375,534) |  | 93625196 |
| Total Investments - 99.5%<br> (Cost $92,375,534) |  | $93625196 |

---

Percentages are based on Net Assets $94,102,952.

† Represents
greater than 25% of the Fund's total investments. For further financial information, please go to the Securities Exchange Commission's
website at https://www.sec.gov.

---

| |
|:---|
| Cl — Class |
| ETF — Exchange-Traded Fund |
| MLP — Master Limited Partnership |
| SPDR — Standard & Poor's Depositary Receipts |

---

BLU-QH-001-0200

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EXCHANGE TRADED CONCEPTS TRUST

- **b. Investment Company Act file number:** 811-22263

- **c. CIK number of Registrant:** 0001452937

- **d. LEI of Registrant:** 549300TXJW88BSB0KL90

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

  - **Street Address 1:** 10900 HEFNER POINTE DRIVE

  - **City:** OKLAHOMA CITY

  - **State:** OK

  - **Foreign country:** US

  - **Zip / Postal Code:** 73120

  - **Telephone number:** 4057788377

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

- **a. Name of Series:** Bluemonte Large Cap Growth ETF

- **b. EDGAR series identifier (if any):** S000092507

- **c. LEI of Series:** 52990071F84IB94JRN80

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2026-01-31

**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:** $210099077.08

**Total Liabilities:** $34545.65

**Net Assets:** $210064531.43

**Cash Not Reported:** $1740395.25

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000260538 | -0.31%               | -0.30%               | -1.18%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $201525.92               | $-834604.81                                |
| Month 2  | $0.00                    | $-883393.28                                |
| Month 3  | $185109.48               | $-2549129.55                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Schwab US Large-Cap Growth ETF                 | SCHWAB US LARGE-CAP GROWTH MUTUAL FUND                | CUSIP: 808524300<br>LEI: N/A | Long             | EC               | RF                | US        |   1698481 | NS      | $54351392.00  | 25.87%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR Portfolio S&P 500 ETF        | STATE STREET SPDR PORTFOLIO MUTUAL FUND               | CUSIP: 78464A854<br>LEI: N/A | Long             | EC               | RF                | US        |    234137 | NS      | $19058751.80  | 9.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Russell 1000 Growth ETF               | VANGUARD RUSSELL 1000 GROWTH MUTUAL FUND              | CUSIP: 92206C680<br>LEI: N/A | Long             | EC               | RF                | US        |    226051 | NS      | $27132901.53  | 12.92%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR Portfolio S&P 500 Growth ETF | STATE STREET SPDR PORTFOLIO S&P 500 GROWT MUTUAL FUND | CUSIP: 78464A409<br>LEI: N/A | Long             | EC               | RF                | US        |   1005274 | NS      | $107815636.50 | 51.33%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-31

**Name of Applicant:** EXCHANGE TRADED CONCEPTS TRUST

**Signature:** Dennis Lowenfels

**Name of Signer:** Dennis Lowenfels

**Title:** CCO