Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
USHY	ISHARES TR	7,098,608	$262M	15.1%	$36.34	—	BROAD USD HIGH	46435U853
HYG	ISHARES TR	2,690,091	$214M	12.4%	$76.91	—	IBOXX HI YD ETF	464288513
JNK	SPDR SERIES TRUST	1,906,424	$182M	10.5%	$92.56	—	STATE STREET SPD	78468R622
SPYM	SPDR SERIES TRUST	2,070,402	$158M	9.2%	$78.34	—	STATE STREET SPD	78464A854
BKLN	INVESCO EXCH TRADED FD TR II	7,573,158	$155M	8.9%	$20.72	—	SR LN ETF	46138G508
SPHY	SPDR SERIES TRUST	3,964,799	$92.46M	5.3%	$23.43	—	STATE STREET SPD	78468R606
BND	VANGUARD BD INDEX FDS	789,600	$58.15M	3.4%	$74.37	—	TOTAL BND MRKT	921937835
SRLN	SSGA ACTIVE ETF TR	1,274,900	$51.17M	3.0%	$40.79	—	STATE STREET BLA	78467V608
JMTG	J P MORGAN EXCHANGE TRADED F	900,978	$45.95M	2.7%	$51.00	—	MORTGAGE BACKED	46654Q575
ICVT	ISHARES TR	420,200	$42.77M	2.5%	$101.79	—	CONV BD ETF	46435G102
MBB	ISHARES TR	442,207	$41.99M	2.4%	$95.10	—	MBS ETF	464288588
HYLB	DBX ETF TR	1,155,500	$41.78M	2.4%	$34.70	—	XTRACK USD HIGH	233051432
TLT	ISHARES TR	459,600	$39.84M	2.3%	$86.96	—	20 YR TR BD ETF	464287432
BLV	VANGUARD BD INDEX FDS	475,100	$32.68M	1.9%	$68.78	—	LONG TERM BOND	921937793
JAAA	JANUS DETROIT STR TR	639,900	$32.23M	1.9%	$50.49	—	HENDRSON AAA CL	47103U845
SHYG	ISHARES TR	516,000	$21.83M	1.3%	$41.56	—	0-5YR HI YL CP	46434V407
VTV	VANGUARD INDEX FDS	98,913	$19.41M	1.1%	$196.20	—	VALUE ETF	922908744
JBND	J P MORGAN EXCHANGE TRADED F	351,700	$18.91M	1.1%	$54.16	—	ACTIVE BOND ETF	46654Q716
BOND	PIMCO ETF TR	204,100	$18.83M	1.1%	$93.35	—	ACTIVE BD ETF	72201R775
SJNK	SPDR SERIES TRUST	654,600	$16.35M	0.9%	$24.74	—	STATE STREET SPD	78468R408
EWC	ISHARES INC	297,846	$16.32M	0.9%	$51.28	—	MSCI CDA ETF	464286509
JBBB	JANUS DETROIT STR TR	276,200	$12.87M	0.7%	$46.60	—	B-BBB CLO ETF	47103U753
BBHY	J P MORGAN EXCHANGE TRADED F	265,700	$12.18M	0.7%	$46.18	—	BETABUILDERS USD	46641Q878
IDV	ISHARES TR	267,146	$11.37M	0.7%	$42.40	—	INTL SEL DIV ETF	464288448
GCOW	PACER FDS TR	243,781	$11.27M	0.7%	$46.24	—	GLOBL CASH ETF	69374H709
VBK	VANGUARD INDEX FDS	36,490	$11.03M	0.6%	$297.62	—	SML CP GRW ETF	922908595
TIP	ISHARES TR	98,800	$10.9M	0.6%	$110.36	—	TIPS BD ETF	464287176
DXJ	WISDOMTREE TR	63,736	$10.11M	0.6%	$144.16	—	JAPN HEDGE EQT	97717W851
EFAV	ISHARES TR	99,751	$9.114M	0.5%	$91.37	—	MSCI EAFE MIN VL	46429B689
FLMI	FRANKLIN TEMPLETON ETF TR	351,200	$8.706M	0.5%	$24.70	—	FRANKLIN DYN MUN	35473P868
AVUV	AMERICAN CENTY ETF TR	59,164	$6.536M	0.4%	$105.95	—	US SML CP VALU	025072877
FLOT	ISHARES TR	122,500	$6.241M	0.4%	$51.09	—	FLTG RATE NT ETF	46429B655
BKHY	BNY MELLON ETF TRUST	131,600	$6.239M	0.4%	$47.45	—	HIGH YIELD ETF	09661T800
SCHX	SCHWAB STRATEGIC TR	216,949	$5.563M	0.3%	$26.39	—	US LRG CAP ETF	808524201
FMHI	FIRST TR EXCH TRADED FD III	116,300	$5.529M	0.3%	$47.81	—	MUNI HI INCM ETF	33739P301
RSPG	INVESCO EXCHANGE TRADED FD T	41,114	$4.501M	0.3%	$109.47	—	S&P500 EQL ENR	46137V365
PHYL	PGIM ETF TR	128,300	$4.443M	0.3%	$34.50	—	ACTV HY BD ETF	69344A206
FXU	FIRST TR EXCHANGE-TRADED FD	85,904	$4.26M	0.2%	$49.59	—	UTILITIES ALPH	33734X184
CWB	SPDR SERIES TRUST	42,475	$3.887M	0.2%	$90.94	—	STATE STREET SPD	78464A359
MLPX	GLOBAL X FDS	52,001	$3.845M	0.2%	$73.94	—	GLB X MLP ENRG I	37954Y293
XYLD	GLOBAL X FDS	95,500	$3.737M	0.2%	$39.13	—	S&P 500 COVERED	37954Y475
PREF	PRINCIPAL EXCHANGE TRADED FD	192,000	$3.613M	0.2%	$19.14	—	SPECTRUM PFD	74255Y888
CMBS	ISHARES TR	63,286	$3.084M	0.2%	$47.41	—	CMBS ETF	46429B366
OIH	VANECK ETF TRUST	5,718	$2.311M	0.1%	$284.77	—	OIL SERVICES ETF	92189H607
IJH	ISHARES TR	18,050	$1.219M	0.1%	$65.26	—	CORE S&P MCP ETF	464287507
RSP	INVESCO EXCHANGE TRADED FD T	6,216	$1.193M	0.1%	$174.63	—	S&P500 EQL WGT	46137V357
DFLV	DIMENSIONAL ETF TRUST	21,300	$761K	0.0%	$35.71	—	US LARGE CAP VAL	25434V666
DFAS	DIMENSIONAL ETF TRUST	10,400	$740K	0.0%	$71.13	—	US SMALL CAP ETF	25434V500
COWZ	PACER FDS TR	10,253	$641K	0.0%	$56.03	—	US CASH COWS 100	69374H881
DVY	ISHARES TR	4,158	$630K	0.0%	$132.19	—	SELECT DIVID ETF	464287168
VOE	VANGUARD INDEX FDS	3,377	$622K	0.0%	$161.40	—	MCAP VL IDXVIP	922908512
IJR	ISHARES TR	4,967	$617K	0.0%	$118.83	—	CORE S&P SCP ETF	464287804
BBCA	J P MORGAN EXCHANGE TRADED F	6,035	$568K	0.0%	$93.20	—	BETABUILDERS CDA	46641Q225
MTUM	ISHARES TR	2,301	$552K	0.0%	$250.31	—	MSCI USA MMENTM	46432F396
VBR	VANGUARD INDEX FDS	1,413	$307K	0.0%	$208.71	—	SM CP VAL ETF	922908611
DUKZ	NORTHERN LIGHTS FD TR	8,631	$215K	0.0%	$25.28	—	OCEAN PARK DIVER	66538J282