ETF Portfolio Partners, Inc. Concentrated Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MGK	Vanguard Mega Cap Growth	87,032 (+1.0%)	$35,924 (+3.6%)	9.3%	$231.13	—	ETF	921910816
MGV	Vanguard Meg Cap Value ETF	174,812 (+2.4%)	$24,677 (+4.9%)	6.4%	$111.51	—	ETF	921910840
VEU	Vanguard FTSE All-Wld ex-US	248,592 (+2.1%)	$18,286 (+5.2%)	4.7%	$58.54	—	ETF	922042775
AGG	iShares Core US Aggregate Bond	315,193 (+3.0%)	$31,481 (+2.6%)	8.1%	$107.30	—	ETF	464287226
HDEF	Xtrackers MSCI EAFE High Div Yield Eq ETF	295,184 (+2.6%)	$9,148 (+8.1%)	2.4%	$27.38	—	ETF	233051630
QQQ	Invesco QQQ Trust	30,077 (+1.1%)	$18,477 (+3.5%)	4.8%	$480.97	—	ETF	46090E103
IVE	iShares S&P 500 Value	34,412 (+5.9%)	$7,298 (+8.7%)	1.9%	$137.14	—	ETF	464287408
ITOT	iShares Core S&P Total US Stk Mkt	69,294 (+3.4%)	$10,303 (+5.6%)	2.7%	$80.23	—	ETF	464287150
IWB	iShares Russell 1000 ETF	34,995 (+1.5%)	$13,069 (+3.7%)	3.4%	$158.56	—	ETF	464287622
VB	Vanguard Small-Cap ETF	56,025 (+1.7%)	$14,452 (+3.2%)	3.7%	$217.74	—	ETF	922908751
VYM	Vanguard High Dividend Yield ETF	61,573 (+3.2%)	$8,837 (+5.1%)	2.3%	$129.94	—	ETF	921946406
BLV	Vanguard Long-Term Bond ETF	265,256 (+3.7%)	$18,441 (+1.7%)	4.8%	$72.91	—	ETF	921937793
VOE	Vanguard Index Fd MCAP VL IDX	48,526 (+1.9%)	$8,607 (+3.5%)	2.2%	$159.64	—	ETF	922908512
IJJ	iShares S&P Mid-Cap 400 Value	40,244 (+3.9%)	$5,296 (+5.4%)	1.4%	$108.61	—	ETF	464287705
IEI	iShares 3-7 Year Treasury Bond ETF	134,422 (+1.6%)	$16,043 (+1.5%)	4.1%	$118.25	—	ETF	464288661
IVW	iShares S&P 500 Growth	19,668 (+8.3%)	$2,424 (+10.6%)	0.6%	$83.29	—	ETF	464287309
IXUS	iShares Core MSCI Total Intl	18,915 (+11.8%)	$1,601 (+14.6%)	0.4%	$64.14	—	ETF	46432F834
FBND	Fidelity Total Bond ETF	357,922 (+1.5%)	$16,479 (+1.1%)	4.3%	$45.70	—	ETF	316188309
VGSH	Vanguard Short-Term Treasury	22,677 (+9.1%)	$1,332 (+8.9%)	0.3%	$58.21	—	ETF	92206C102
SPY	SPDR S&P 500 ETF Trust	451 (+32.6%)	$308 (+35.8%)	0.1%	$670.05	—	ETF	78462F103
IJR	iShares Core S&P Small-Cap ETF	25,966 (+1.3%)	$3,121 (+2.5%)	0.8%	$97.07	—	ETF	464287804
VCSH	Vanguard Short-Term Corporate Bond ETF	107,171 (+1.1%)	$8,545 (+0.9%)	2.2%	$79.11	—	ETF	92206C409
QQQM	Invesco NASDAQ 100 ETF	2,470 (+4.0%)	$625 (+6.4%)	0.2%	$196.87	—	ETF	46138G649
SUSA	iShares ESG Optimized MSCI USA ETF	1,919 (+1.7%)	$267 (+4.5%)	0.1%	$127.27	—	ETF	464288802
NULG	Nuveen ESG Large-Cap Growth ETF	4,443 (+2.1%)	$435 (+0.4%)	0.1%	$85.88	—	ETF	67092P201

Exited Positions (1)

PG Proctor & Gamble 0.1%

Value ($000) $200 Shares 1,302 Est. Cost $152.08 Unrealized -3.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PG	Proctor & Gamble	1,302	$200	0.1%	$152.08	-3.2%	—	742718109

Decreased Positions (7)

VONE Vanguard Russell 1000 ETF 0.4%

Value ($000) $1,697 (-14.2%) Shares 5,491 (-16.0%) Est. Cost $171.36 Unrealized —

ILTB iShares Core 10 Year USD Bond ETF 1.4%

Value ($000) $5,530 (-3.1%) Shares 111,263 (-1.5%) Est. Cost $49.82 Unrealized —

VONG Vanguard Russell 1000 Growth 0.5%

Value ($000) $2,002 (-7.2%) Shares 16,441 (-8.1%) Est. Cost $66.48 Unrealized —

VTES Vaguard Short-Term Tax-Exempt Bond ETF 0.1%

Value ($000) $354 (-30.3%) Shares 3,490 (-30.1%) Est. Cost $100.93 Unrealized —

VOOV Vanguard S&P 500 Value 0.1%

Value ($000) $204 (-25.9%) Shares 998 (-27.8%) Est. Cost $147.60 Unrealized —

IEFA iShares Core MSCI EAFE ETF 0.5%

Value ($000) $2,002 (-3.2%) Shares 22,383 (-5.6%) Est. Cost $59.35 Unrealized —

IEMG iShares Core MSCI Emer Mkt 0.1%

Value ($000) $253 (-12.5%) Shares 3,769 (-14.2%) Est. Cost $44.54 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VONE	Vanguard Russell 1000 ETF	5,491 (-16.0%)	$1,697 (-14.2%)	0.4%	$171.36	—	ETF	92206C730
ILTB	iShares Core 10 Year USD Bond ETF	111,263 (-1.5%)	$5,530 (-3.1%)	1.4%	$49.82	—	ETF	464289479
VONG	Vanguard Russell 1000 Growth	16,441 (-8.1%)	$2,002 (-7.2%)	0.5%	$66.48	—	ETF	92206C680
VTES	Vaguard Short-Term Tax-Exempt Bond ETF	3,490 (-30.1%)	$354 (-30.3%)	0.1%	$100.93	—	ETF	921935870
VOOV	Vanguard S&P 500 Value	998 (-27.8%)	$204 (-25.9%)	0.1%	$147.60	—	ETF	921932703
IEFA	iShares Core MSCI EAFE ETF	22,383 (-5.6%)	$2,002 (-3.2%)	0.5%	$59.35	—	ETF	46432F842
IEMG	iShares Core MSCI Emer Mkt	3,769 (-14.2%)	$253 (-12.5%)	0.1%	$44.54	—	ETF	46434G103

Unchanged Positions (34)

VTI Vanguard Total Stock Market ETF 18.4%

Value ($000) $71,521 Shares 213,323 Est. Cost $146.12 Unrealized —

AAPL Apple 0.8%

Value ($000) $3,014 Shares 11,087 Est. Cost $95.62 Unrealized +180.6%

VEA Vanguard FTSE Developed Markets ETF 0.9%

Value ($000) $3,515 Shares 56,272 Est. Cost $41.23 Unrealized —

MSFT Microsoft Corp 0.2%

Value ($000) $865 Shares 1,789 Est. Cost $268.84 Unrealized +86.2%

DFUS Dimensional US Equity ETF 0.7%

Value ($000) $2,596 Shares 34,999 Est. Cost $47.12 Unrealized —

NOC Northrup Grumman 0.2%

Value ($000) $801 Shares 1,405 Est. Cost $134.61 Unrealized +330.0%

AXP American Express Co 0.1%

Value ($000) $469 Shares 1,269 Est. Cost $156.99 Unrealized +127.4%

ORLY O'Reilly Automotive Inc 0.1%

Value ($000) $235 Shares 2,580 Est. Cost $90.07 Unrealized +8.5%

JNJ Johnson & Johnson 0.1%

Value ($000) $360 Shares 1,741 Est. Cost $130.93 Unrealized +50.5%

ODFL Old Dominion Freight Line Inc Ordinary Shares 0.1%

Value ($000) $327 Shares 2,088 Est. Cost $151.59 Unrealized -5.6%

IWV iShares Russell 3000 0.4%

Value ($000) $1,427 Shares 3,690 Est. Cost $145.37 Unrealized —

WMT Walmart Inc 0.1%

Value ($000) $319 Shares 2,859 Est. Cost $72.48 Unrealized +47.9%

ADSK Autodesk 0.1%

Value ($000) $323 Shares 1,090 Est. Cost $202.07 Unrealized +49.7%

TXN Texas Instruments 0.1%

Value ($000) $307 Shares 1,768 Est. Cost $134.60 Unrealized +26.8%

AMZN Amazon.com Inc 0.1%

Value ($000) $337 Shares 1,460 Est. Cost $168.76 Unrealized +35.6%

CRUS Cirrus Logic Inc 0.1%

Value ($000) $284 Shares 2,400 Est. Cost $86.38 Unrealized +42.5%

VT Vanguard Total World Stock ETF 0.1%

Value ($000) $498 Shares 3,531 Est. Cost $114.09 Unrealized —

ESGV Vanguard ESG US Stock ETF 0.2%

Value ($000) $723 Shares 5,977 Est. Cost $104.77 Unrealized —

NULV Nuveen ESG Large-Cap Value 0.1%

Value ($000) $455 Shares 10,104 Est. Cost $41.80 Unrealized —

UNH UnitedHealth Group 0.1%

Value ($000) $268 Shares 811 Est. Cost $178.17 Unrealized +89.3%

BND Vanguard Total Bond Market ETF 1.3%

Value ($000) $4,993 Shares 67,406 Est. Cost $75.29 Unrealized —

TEL TE Connectivity PLC ORD SHS 0.1%

Value ($000) $265 Shares 1,165 Est. Cost $200.01 Unrealized +15.6%

IGLB iShares 10 Year Invmt Grd Corp Bond ETF 0.1%

Value ($000) $360 Shares 7,130 Est. Cost $50.21 Unrealized —

VO Vanguard Mid-Cap ETF 0.2%

Value ($000) $597 Shares 2,058 Est. Cost $210.96 Unrealized —

ESGD Ishares ESG Aware MSCI EAFE ETF 0.1%

Value ($000) $209 Shares 2,196 Est. Cost $92.98 Unrealized —

IGIB iShares 5-10 Yr Investment Grade Corp Bd 0.4%

Value ($000) $1,475 Shares 27,384 Est. Cost $50.47 Unrealized —

SPTL SPDR Portfolio LN TSR 0.1%

Value ($000) $271 Shares 10,228 Est. Cost $28.81 Unrealized —

VWO Vanguard FTSE Emerging Mkt ETF 0.1%

Value ($000) $576 Shares 10,723 Est. Cost $40.41 Unrealized —

IUSB iShares Core Total USD Bond Market ETF 0.3%

Value ($000) $1,186 Shares 25,493 Est. Cost $49.79 Unrealized —

EAGG iShares ESG Aware US Aggregate Bond 0.1%

Value ($000) $342 Shares 7,155 Est. Cost $51.92 Unrealized —

BSCS Invesco BulletShares 2028 Corporate Bd ETF 0.1%

Value ($000) $204 Shares 9,914 Est. Cost $20.35 Unrealized —

BSCU Invesco BulletShares 2030 Corporate Bd ETF 0.1%

Value ($000) $206 Shares 12,191 Est. Cost $16.59 Unrealized —

BSCQ Invesco BulletShares 2026 Corporate Bd ETF 0.1%

Value ($000) $201 Shares 10,292 Est. Cost $19.48 Unrealized —

BSCW Invesco BulletShares 2032 Corporate Bd ETF 0.1%

Value ($000) $207 Shares 9,933 Est. Cost $20.37 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VTI	Vanguard Total Stock Market ETF	213,323	$71,521	18.4%	$146.12	—	ETF	922908769
AAPL	Apple	11,087	$3,014	0.8%	$95.62	+180.6%	COM	037833100
VEA	Vanguard FTSE Developed Markets ETF	56,272	$3,515	0.9%	$41.23	—	ETF	921943858
MSFT	Microsoft Corp	1,789	$865	0.2%	$268.84	+86.2%	COM	594918104
DFUS	Dimensional US Equity ETF	34,999	$2,596	0.7%	$47.12	—	ETF	25434V401
NOC	Northrup Grumman	1,405	$801	0.2%	$134.61	+330.0%	COM	666807102
AXP	American Express Co	1,269	$469	0.1%	$156.99	+127.4%	COM	025816109
ORLY	O'Reilly Automotive Inc	2,580	$235	0.1%	$90.07	+8.5%	COM	67103H107
JNJ	Johnson & Johnson	1,741	$360	0.1%	$130.93	+50.5%	COM	478160104
ODFL	Old Dominion Freight Line Inc Ordinary Shares	2,088	$327	0.1%	$151.59	-5.6%	COM	679580100
IWV	iShares Russell 3000	3,690	$1,427	0.4%	$145.37	—	ETF	464287689
WMT	Walmart Inc	2,859	$319	0.1%	$72.48	+47.9%	COM	931142103
ADSK	Autodesk	1,090	$323	0.1%	$202.07	+49.7%	COM	052769106
TXN	Texas Instruments	1,768	$307	0.1%	$134.60	+26.8%	COM	882508104
AMZN	Amazon.com Inc	1,460	$337	0.1%	$168.76	+35.6%	COM	023135106
CRUS	Cirrus Logic Inc	2,400	$284	0.1%	$86.38	+42.5%	COM	172755100
VT	Vanguard Total World Stock ETF	3,531	$498	0.1%	$114.09	—	ETF	922042742
ESGV	Vanguard ESG US Stock ETF	5,977	$723	0.2%	$104.77	—	ETF	921910733
NULV	Nuveen ESG Large-Cap Value	10,104	$455	0.1%	$41.80	—	ETF	67092P300
UNH	UnitedHealth Group	811	$268	0.1%	$178.17	+89.3%	COM	91324P102
BND	Vanguard Total Bond Market ETF	67,406	$4,993	1.3%	$75.29	—	ETF	921937835
TEL	TE Connectivity PLC ORD SHS	1,165	$265	0.1%	$200.01	+15.6%	COM	G87052109
IGLB	iShares 10 Year Invmt Grd Corp Bond ETF	7,130	$360	0.1%	$50.21	—	ETF	464289511
VO	Vanguard Mid-Cap ETF	2,058	$597	0.2%	$210.96	—	ETF	922908629
ESGD	Ishares ESG Aware MSCI EAFE ETF	2,196	$209	0.1%	$92.98	—	ETF	46435G516
IGIB	iShares 5-10 Yr Investment Grade Corp Bd	27,384	$1,475	0.4%	$50.47	—	ETF	464288638
SPTL	SPDR Portfolio LN TSR	10,228	$271	0.1%	$28.81	—	ETF	78464A664
VWO	Vanguard FTSE Emerging Mkt ETF	10,723	$576	0.1%	$40.41	—	ETF	922042858
IUSB	iShares Core Total USD Bond Market ETF	25,493	$1,186	0.3%	$49.79	—	ETF	46434V613
EAGG	iShares ESG Aware US Aggregate Bond	7,155	$342	0.1%	$51.92	—	ETF	46435U549
BSCS	Invesco BulletShares 2028 Corporate Bd ETF	9,914	$204	0.1%	$20.35	—	ETF	46138J643
BSCU	Invesco BulletShares 2030 Corporate Bd ETF	12,191	$206	0.1%	$16.59	—	ETF	46138J460
BSCQ	Invesco BulletShares 2026 Corporate Bd ETF	10,292	$201	0.1%	$19.48	—	ETF	46138J791
BSCW	Invesco BulletShares 2032 Corporate Bd ETF	9,933	$207	0.1%	$20.37	—	ETF	46139W858