CWS Financial Advisors, LLC

KALAMAZOO, MI · CIK 1802459 · 13F filing filed 2024-07-31

SEC-registered investment adviser since 2018 · limited liability company

Assets managed$1.3bn
Staff12 · 5 in investment roles
Main clients (by assets)High net worth individuals 86%, Individuals 13%, Charities 1%
Form ADV · 2026-07-24SEC adviser record

$254.2m reported value +4.1% vs Q1 2024

106positions

72.6%in top 10

5 new 61 added 25 reduced 5 sold out vs Q1 2024

Also in the report of:

Advisor OS, LLC – $2.1m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	STRYKER CORPORATION COM SYK	SYK	256,789	$87.4m34.37%	34.37%	Added +10.7k	+10,693 4.3%
2	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	42,021	$21.0m8.27%	8.27%	Added +1.3k	+1,291 3.2%
3	ISHARES TR CORE S&P SCP ETF IJR	IJR	165,049	$17.6m6.92%	6.92%	Added +6.3k	+6,286 4.0%
4	APPLE INC COM AAPL	AAPL	65,163	$13.7m5.40%	5.40%	Added +2.7k	+2,727 4.4%
5	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	169,836	$10.2m4.03%	4.03%	Added +6.2k	+6,220 3.8%
6	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	41,832	$7.6m3.00%	3.00%	Added +2.4k	+2,408 6.1%
7	MICROSOFT CORP COM MSFT	MSFT	17,016	$7.6m2.99%	2.99%	Added +518	+518 3.1%
8	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	20,176	$7.5m2.97%	2.97%	Added +1.9k	+1,877 10.3%
9	VANGUARD INDEX FDS VALUE ETF VTV	VTV	45,748	$7.3m2.89%	2.89%	Added +3.9k	+3,900 9.3%
10	VANGUARD INDEX FDS EXTEND MKT ETF VXF	VXF	26,280	$4.4m1.74%	1.74%	Reduced -3.9k	-3,880 -12.9%
11	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	12,247	$3.3m1.29%	1.29%	Added +155	+155 1.3%
12	ISHARES TR CORE S&P500 ETF IVV	IVV	5,407	$3.0m1.16%	1.16%	Reduced -88	-88 -1.6%
13	VANGUARD INDEX FDS SMALL CP ETF VB	VB	13,021	$2.8m1.12%	1.12%	Added +1.5k	+1,505 13.1%
14	ISHARES TR CORE MSCI EAFE IEFA	IEFA	33,697	$2.4m0.96%	0.96%	Added +156	+156 0.5%
15	PROCTER AND GAMBLE CO COM PG	PG	14,277	$2.4m0.93%	0.93%	Added +3.0k	+2,956 26.1%
16	CAPITAL GROUP GROWTH ETF SHS CREATION UNI CGGR	CGGR	67,271	$2.2m0.87%	0.87%	Added +2.3k	+2,261 3.5%
17	MCDONALDS CORP COM MCD	MCD	7,677	$2.0m0.77%	0.77%	Added +2.3k	+2,343 43.9%
18	VANGUARD SCOTTSDALE FDS SHORT TERM TREAS VGSH	VGSH	31,596	$1.8m0.72%	0.72%	Added +1.2k	+1,179 3.9%
19	PEPSICO INC COM PEP	PEP	10,531	$1.7m0.68%	0.68%	Reduced -413	-413 -3.8%
20	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	21,994	$1.7m0.67%	0.67%	Added +1.9k	+1,857 9.2%
21	WALMART INC COM WMT	WMT	23,384	$1.6m0.62%	0.62%	Added +14.6k	+14,615 166.7%
22	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	8,312	$1.4m0.57%	0.57%	Added +231	+231 2.9%
23	EXXON MOBIL CORP COM XOM	XOM	11,987	$1.4m0.54%	0.54%	Added +454	+454 3.9%
24	VANGUARD BD INDEX FDS VANGUARD ULTRA VUSB	VUSB	27,321	$1.4m0.53%	0.53%	Reduced -1.5k	-1,499 -5.2%
25	AMAZON COM INC COM AMZN	AMZN	6,880	$1.3m0.52%	0.52%	Added +172	+172 2.6%
26	VANGUARD WHITEHALL FDS INTL DVD ETF VIGI	VIGI	15,811	$1.3m0.51%	0.51%	Reduced -213	-213 -1.3%
27	ISHARES TR CORE S&P MCP ETF IJH	IJH	21,905	$1.3m0.50%	0.50%	Added +1.2k	+1,201 5.8%
28	ELI LILLY & CO COM LLY	LLY	1,118	$1.0m0.40%	0.40%	Reduced -45	-45 -3.9%
29	ALPHABET INC CAP STK CL A GOOGL	GOOGL	5,505	$1.0m0.39%	0.39%	Unchanged
30	JPMORGAN CHASE & CO COM JPM	JPM	4,544	$919.1k0.36%	0.36%	Reduced -17	-17 -0.4%
31	PHILIP MORRIS INTL INC COM PM	PM	8,590	$870.5k0.34%	0.34%	Added +8	+8 0.1%
32	CAPITAL GROUP CORE EQUITY ET SHS CREATION UNI CGUS	CGUS	26,614	$858.3k0.34%	0.34%	Added +3.9k	+3,931 17.3%
33	SOUTHERN CO COM SO	SO	10,995	$852.9k0.34%	0.34%	Added +1.4k	+1,372 14.3%
34	ABBVIE INC COM ABBV	ABBV	4,821	$826.9k0.33%	0.33%	Added +350	+350 7.8%
35	CAPITAL GROUP DIVIDEND VALUE SHS CREATION UNI CGDV	CGDV	23,598	$778.7k0.31%	0.31%	Added +2.4k	+2,441 11.5%
36	PFIZER INC COM PFE	PFE	27,158	$759.9k0.30%	0.30%	Added +3.5k	+3,490 14.8%
37	HOME DEPOT INC COM HD	HD	2,199	$757.0k0.30%	0.30%	Added +16	+16 0.7%
38	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,838	$747.7k0.29%	0.29%	Added +173	+173 10.4%
39	VANGUARD ADMIRAL FDS INC 500 GRTH IDX F VOOG	VOOG	2,121	$707.2k0.28%	0.28%	Unchanged
40	ABBOTT LABS COM ABT	ABT	6,626	$688.5k0.27%	0.27%	Added +835	+835 14.4%
41	ALTRIA GROUP INC COM MO	MO	14,997	$683.1k0.27%	0.27%	Added +77	+77 0.5%
42	CHEVRON CORP NEW COM CVX	CVX	4,281	$669.6k0.26%	0.26%	Reduced -1.3k	-1,271 -22.9%
43	CAPITAL GROUP INTL FOCUS EQT SHS CREATION UNI CGXU	CGXU	25,782	$663.1k0.26%	0.26%	Added +10.8k	+10,797 72.0%
44	ISHARES INC CORE MSCI EMKT IEMG	IEMG	12,349	$661.0k0.26%	0.26%	Added +739	+739 6.4%
45	VERIZON COMMUNICATIONS INC COM VZ	VZ	14,407	$594.1k0.23%	0.23%	Reduced -661	-661 -4.4%
46	EDWARDS LIFESCIENCES CORP COM EW	EW	6,312	$583.0k0.23%	0.23%	Unchanged
47	NEXTERA ENERGY INC COM NEE	NEE	7,988	$565.6k0.22%	0.22%	Reduced -79	-79 -1.0%
48	JOHNSON & JOHNSON COM JNJ	JNJ	3,843	$561.6k0.22%	0.22%	Reduced -7	-7 -0.2%
49	ISHARES TR MSCI USA ESG SLC SUSA	SUSA	4,989	$560.6k0.22%	0.22%	Added +5	+5 0.1%
50	LOCKHEED MARTIN CORP COM LMT	LMT	1,172	$547.5k0.22%	0.22%	Added +11	+11 0.9%
51	CISCO SYS INC COM CSCO	CSCO	11,221	$533.1k0.21%	0.21%	Added +120	+120 1.1%
52	ISHARES TR S&P 500 GRWT ETF IVW	IVW	5,710	$528.4k0.21%	0.21%	Added +746	+746 15.0%
53	COSTCO WHSL CORP NEW COM COST	COST	620	$526.6k0.21%	0.21%	Added +26	+26 4.4%
54	PROGRESSIVE CORP COM PGR	PGR	2,502	$519.7k0.20%	0.20%	Reduced -50	-50 -2.0%
55	ZOETIS INC CL A ZTS	ZTS	2,937	$509.1k0.20%	0.20%	Added +7	+7 0.2%
56	DISNEY WALT CO COM DIS	DIS	5,107	$507.1k0.20%	0.20%	Added +1.2k	+1,180 30.1%
57	EATON CORP PLC SHS ETN	ETN	1,580	$495.4k0.19%	0.19%	Reduced -100	-100 -6.0%
58	PARKER-HANNIFIN CORP COM PH	PH	955	$482.8k0.19%	0.19%	Added +1	+1 0.1%
59	ISHARES TR S&P 500 VAL ETF IVE	IVE	2,649	$482.1k0.19%	0.19%	Added +59	+59 2.3%
60	MASTERCARD INCORPORATED CL A MA	MA	1,071	$472.6k0.19%	0.19%	Added +10	+10 0.9%
61	CAPITAL GROUP CORE BALANCED SHS CGBL	CGBL	15,845	$471.1k0.19%	0.19%	Added +6.9k	+6,902 77.2%
62	AMGEN INC COM AMGN	AMGN	1,506	$470.6k0.19%	0.19%	Reduced -16	-16 -1.1%
63	META PLATFORMS INC CL A META	META	930	$468.9k0.18%	0.18%	New
64	CONOCOPHILLIPS COM COP	COP	3,943	$451.0k0.18%	0.18%	Added +442	+442 12.6%
65	COCA COLA CO COM KO	KO	6,988	$444.8k0.17%	0.17%	Added +13	+13 0.2%
66	CAPITAL GRP FIXED INCM ETF T CORE PLUS INCM CGCP	CGCP	19,762	$439.1k0.17%	0.17%	Added +4.6k	+4,555 29.9%
67	SPDR GOLD TR GOLD SHS GLD	GLD	1,920	$412.8k0.16%	0.16%	Reduced -9	-9 -0.5%
68	GENERAL DYNAMICS CORP COM GD	GD	1,420	$412.0k0.16%	0.16%	Reduced -2	-2 -0.1%
69	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	8,227	$406.6k0.16%	0.16%	Reduced -282	-282 -3.3%
70	AT&T INC COM T	T	21,034	$402.0k0.16%	0.16%	Reduced -270	-270 -1.3%
71	DUKE ENERGY CORP NEW COM NEW DUK	DUK	3,979	$398.8k0.16%	0.16%	Added +1	+1 0.0%
72	ALPHABET INC CAP STK CL C GOOG	GOOG	2,138	$392.2k0.15%	0.15%	Added +113	+113 5.6%
73	MARTIN MARIETTA MATLS INC COM MLM	MLM	719	$389.6k0.15%	0.15%	Unchanged
74	GRACO INC COM GGG	GGG	4,790	$379.8k0.15%	0.15%	Added +52	+52 1.1%
75	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	5,251	$378.4k0.15%	0.15%	Added +378	+378 7.8%
76	LINDE PLC SHS LIN	LIN	844	$370.4k0.15%	0.15%	Reduced -5	-5 -0.6%
77	CIVISTA BANCSHARES INC COM NO PAR CIVB	CIVB	23,877	$369.9k0.15%	0.15%	Unchanged
78	STARBUCKS CORP COM SBUX	SBUX	4,688	$364.9k0.14%	0.14%	Added +45	+45 1.0%
79	FASTENAL CO COM FAST	FAST	5,619	$353.1k0.14%	0.14%	Unchanged
80	UNITEDHEALTH GROUP INC COM UNH	UNH	684	$348.3k0.14%	0.14%	Unchanged
81	ILLINOIS TOOL WKS INC COM ITW	ITW	1,452	$344.1k0.14%	0.14%	Added +21	+21 1.5%
82	CATERPILLAR INC COM CAT	CAT	1,004	$334.4k0.13%	0.13%	Unchanged
83	SCHWAB STRATEGIC TR US TIPS ETF SCHP	SCHP	6,390	$332.3k0.13%	0.13%	Reduced -1.1k	-1,078 -14.4%
84	NXP SEMICONDUCTORS N V COM NXPI	NXPI	1,233	$331.8k0.13%	0.13%	Unchanged
85	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	1,920	$327.9k0.13%	0.13%	Unchanged
86	VANGUARD INDEX FDS MID CAP ETF VO	VO	1,354	$327.8k0.13%	0.13%	Unchanged
87	MERCK & CO INC COM MRK	MRK	2,533	$313.5k0.12%	0.12%	Added +114	+114 4.7%
88	ISHARES TR RUS 1000 VAL ETF IWD	IWD	1,695	$295.7k0.12%	0.12%	Added +5	+5 0.3%
89	COLGATE PALMOLIVE CO COM CL	CL	2,866	$278.1k0.11%	0.11%	Added +24	+24 0.8%
90	QUALCOMM INC COM QCOM	QCOM	1,368	$272.4k0.11%	0.11%	Reduced -26	-26 -1.9%
91	ISHARES TR ESG AWARE MSCI ESML	ESML	6,765	$260.5k0.10%	0.10%	Added +33	+33 0.5%
92	PAYCHEX INC COM PAYX	PAYX	2,166	$256.8k0.10%	0.10%	Reduced -2	-2 -0.1%
93	BOEING CO COM BA	BA	1,402	$255.2k0.10%	0.10%	Unchanged
94	SCHWAB CHARLES CORP COM SCHW	SCHW	3,352	$247.0k0.10%	0.10%	Added +1	+1 0.0%
95	BECTON DICKINSON & CO COM BDX	BDX	1,047	$244.8k0.10%	0.10%	Added +4	+4 0.4%
96	BROADRIDGE FINL SOLUTIONS IN COM BR	BR	1,236	$243.5k0.10%	0.10%	Reduced -50	-50 -3.9%
97	ISHARES TR CORE US AGGBD ET AGG	AGG	2,487	$241.4k0.09%	0.09%	Added +301	+301 13.8%
98	NETFLIX INC COM NFLX	NFLX	350	$236.2k0.09%	0.09%	Unchanged
99	CAPITAL GRP FIXED INCM ETF T CORE BOND ETF CGCB	CGCB	9,079	$234.4k0.09%	0.09%	New
100	TARGET CORP COM TGT	TGT	1,513	$224.1k0.09%	0.09%	Reduced -152	-152 -9.1%

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
GILEAD SCIENCES INC GILD	GILD	3,767	$275.9k3.8k shares
INTEL CORP INTC	INTC	5,678	$250.8k5.7k shares
NORFOLK SOUTHN CORP NSC	NSC	896	$228.4k896 shares
ISHARES TR IJK	IJK	2,263	$206.5k2.3k shares
MGE ENERGY INC MGEE	MGEE	2,550	$200.7k2.5k shares