CWS Financial Advisors, LLC

KALAMAZOO, MI · CIK 1802459 · 13F filing filed 2025-08-08

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

$343.7m reported value +8.5% vs Q1 2025

136positions

64.7%in top 10

13 new 65 added 40 reduced 5 sold out vs Q1 2025

Holdings, Q2 2025

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	254,513	$100.7m29.30%	29.30%	Reduced -2.2k	-2,156 -0.8%
2	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	45,801	$26.0m7.57%	7.57%	Added +1.9k	+1,939 4.4%
3	ISHARES TR CORE S&P SCP ETF IJR	IJR	173,951	$19.0m5.53%	5.53%	Added +2.3k	+2,305 1.3%
4	APPLE INC COM AAPL	AAPL	65,363	$13.4m3.90%	3.90%	Reduced -4.1k	-4,061 -5.8%
5	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	178,132	$12.3m3.58%	3.58%	Added +5.5k	+5,487 3.2%
6	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	53,974	$11.0m3.21%	3.21%	Added +4.7k	+4,660 9.4%
7	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	24,616	$10.8m3.14%	3.14%	Added +396	+396 1.6%
8	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	33,356	$10.1m2.95%	2.95%	Added +1.4k	+1,376 4.3%
9	VANGUARD INDEX FDS VALUE ETF VTV	VTV	56,057	$9.9m2.88%	2.88%	Reduced -655	-655 -1.1%
10	MICROSOFT CORP COM MSFT	MSFT	17,948	$8.9m2.60%	2.60%	Reduced -1.1k	-1,103 -5.8%
11	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	16,141	$8.9m2.59%	2.59%	Reduced -3.0k	-2,953 -15.5%
12	CAPITAL GROUP GROWTH ETF SHS CREATION UNI CGGR	CGGR	119,051	$4.8m1.41%	1.41%	Added +13.2k	+13,226 12.5%
13	VANGUARD INDEX FDS SMALL CP ETF VB	VB	15,762	$3.7m1.09%	1.09%	Added +112	+112 0.7%
14	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	5,865	$3.6m1.05%	1.05%	Added +1	+1 0.0%
15	VANGUARD INDEX FDS EXTEND MKT ETF VXF	VXF	17,465	$3.4m0.98%	0.98%	Reduced -2.7k	-2,676 -13.3%
16	VANGUARD SCOTTSDALE FDS SHORT TERM TREAS VGSH	VGSH	54,192	$3.2m0.93%	0.93%	Added +4.5k	+4,515 9.1%
17	ISHARES TR CORE S&P500 ETF IVV	IVV	5,098	$3.2m0.92%	0.92%	Reduced -142	-142 -2.7%
18	CAPITAL GROUP CORE BALANCED SHS CGBL	CGBL	93,389	$3.1m0.91%	0.91%	Added +22.8k	+22,768 32.2%
19	VANGUARD INDEX FDS MID CAP ETF VO	VO	10,453	$2.9m0.85%	0.85%	Reduced -411	-411 -3.8%
20	ISHARES TR CORE MSCI EAFE IEFA	IEFA	34,593	$2.9m0.84%	0.84%	Added +390	+390 1.1%
21	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	101,296	$2.7m0.78%	0.78%	Added +9.7k	+9,742 10.6%
22	WALMART INC COM WMT	WMT	23,385	$2.3m0.67%	0.67%	Added +25	+25 0.1%
23	MCDONALDS CORP COM MCD	MCD	7,627	$2.2m0.65%	0.65%	Reduced -108	-108 -1.4%
24	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	7,559	$2.2m0.65%	0.65%	Added +51	+51 0.7%
25	VANGUARD BD INDEX FDS VANGUARD ULTRA VUSB	VUSB	42,659	$2.1m0.62%	0.62%	Reduced -1.2k	-1,200 -2.7%
26	VANGUARD WORLD FD INF TECH ETF VGT	VGT	2,940	$1.9m0.57%	0.57%	New
27	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	3,319	$1.9m0.55%	0.55%	Unchanged
28	PROCTER AND GAMBLE CO COM PG	PG	11,676	$1.9m0.54%	0.54%	Reduced -165	-165 -1.4%
29	VANGUARD WHITEHALL FDS INTL DVD ETF VIGI	VIGI	18,149	$1.6m0.48%	0.48%	Added +1.1k	+1,085 6.4%
30	PHILIP MORRIS INTL INC COM PM	PM	8,586	$1.6m0.46%	0.46%	Reduced -39	-39 -0.5%
31	AMAZON COM INC COM AMZN	AMZN	7,097	$1.6m0.45%	0.45%	Added +210	+210 3.0%
32	PEPSICO INC COM PEP	PEP	11,737	$1.5m0.45%	0.45%	Reduced -122	-122 -1.0%
33	CAPITAL GROUP CORE EQUITY ET SHS CREATION UNI CGUS	CGUS	40,581	$1.5m0.44%	0.44%	Added +2.5k	+2,534 6.7%
34	CAPITAL GROUP DIVIDEND GROWE SHS ETF CGDG	CGDG	43,405	$1.5m0.42%	0.42%	Added +17.6k	+17,638 68.5%
35	CAPITAL GROUP INTL FOCUS EQT SHS CREATION UNI CGXU	CGXU	51,413	$1.4m0.41%	0.41%	Added +199	+199 0.4%
36	CAPITAL GROUP CONSERVATIVE E SHS CGCV	CGCV	48,080	$1.4m0.40%	0.40%	Added +6.2k	+6,214 14.8%
37	ISHARES TR CORE S&P MCP ETF IJH	IJH	22,036	$1.4m0.40%	0.40%	Added +47	+47 0.2%
38	JPMORGAN CHASE & CO COM JPM	JPM	4,595	$1.3m0.39%	0.39%	Reduced -266	-266 -5.5%
39	SOUTHERN CO COM SO	SO	13,413	$1.2m0.36%	0.36%	Added +1.5k	+1,458 12.2%
40	EXXON MOBIL CORP COM XOM	XOM	11,110	$1.2m0.35%	0.35%	Reduced -1.6k	-1,620 -12.7%
41	HOME DEPOT INC COM HD	HD	2,927	$1.1m0.31%	0.31%	Reduced -1.5k	-1,489 -33.7%
42	CAPITAL GROUP DIVIDEND VALUE SHS CREATION UNI CGDV	CGDV	25,480	$1.0m0.29%	0.29%	Added +442	+442 1.8%
43	ABBVIE INC COM ABBV	ABBV	5,315	$986.5k0.29%	0.29%	Reduced -661	-661 -11.1%
44	ALPHABET INC CAP STK CL A GOOGL	GOOGL	5,506	$970.3k0.28%	0.28%	Reduced -12	-12 -0.2%
45	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,982	$962.8k0.28%	0.28%	Reduced -68	-68 -3.3%
46	VANGUARD SCOTTSDALE FDS INTER TERM TREAS VGIT	VGIT	16,040	$959.3k0.28%	0.28%	Added +6.3k	+6,319 65.0%
47	PROGRESSIVE CORP COM PGR	PGR	3,570	$952.7k0.28%	0.28%	Added +316	+316 9.7%
48	CHEVRON CORP NEW COM CVX	CVX	6,426	$920.1k0.27%	0.27%	Added +12	+12 0.2%
49	ALTRIA GROUP INC COM MO	MO	15,339	$899.3k0.26%	0.26%	Added +70	+70 0.5%
50	VANGUARD ADMIRAL FDS INC 500 GRTH IDX F VOOG	VOOG	2,206	$874.8k0.25%	0.25%	Added +40	+40 1.9%
51	CISCO SYS INC COM CSCO	CSCO	12,509	$867.9k0.25%	0.25%	Reduced -435	-435 -3.4%
52	ABBOTT LABS COM ABT	ABT	6,342	$862.6k0.25%	0.25%	Reduced -362	-362 -5.4%
53	LOCKHEED MARTIN CORP COM LMT	LMT	1,751	$810.7k0.24%	0.24%	Added +256	+256 17.1%
54	CAPITAL GRP FIXED INCM ETF T CORE BOND ETF CGCB	CGCB	30,204	$794.4k0.23%	0.23%	Added +2.2k	+2,243 8.0%
55	SPDR GOLD TR GOLD SHS GLD	GLD	2,523	$769.1k0.22%	0.22%	Added +103	+103 4.3%
56	ISHARES INC CORE MSCI EMKT IEMG	IEMG	12,619	$757.5k0.22%	0.22%	Added +98	+98 0.8%
57	MASTERCARD INCORPORATED CL A MA	MA	1,331	$747.7k0.22%	0.22%	Reduced -167	-167 -11.2%
58	DIMENSIONAL ETF TRUST US SMALL CAP ETF DFAS	DFAS	11,386	$725.4k0.21%	0.21%	Added +1.3k	+1,264 12.5%
59	META PLATFORMS INC CL A META	META	969	$715.2k0.21%	0.21%	Unchanged
60	LINDE PLC SHS LIN	LIN	1,497	$702.4k0.20%	0.20%	Added +285	+285 23.5%
61	FASTENAL CO COM FAST	FAST	16,380	$688.0k0.20%	0.20%	Added +2.3k	+2,268 16.1%
62	CAPITAL GRP FIXED INCM ETF T CORE PLUS INCM CGCP	CGCP	30,443	$685.0k0.20%	0.20%	Added +6.2k	+6,206 25.6%
63	PARKER-HANNIFIN CORP COM PH	PH	961	$671.5k0.20%	0.20%	Added +50	+50 5.5%
64	VERIZON COMMUNICATIONS INC COM VZ	VZ	15,301	$662.1k0.19%	0.19%	Reduced -222	-222 -1.4%
65	ISHARES TR S&P 500 GRWT ETF IVW	IVW	5,721	$629.8k0.18%	0.18%	Added +3	+3 0.1%
66	PAYCHEX INC COM PAYX	PAYX	4,158	$604.8k0.18%	0.18%	Added +884	+884 27.0%
67	JOHNSON & JOHNSON COM JNJ	JNJ	3,833	$585.5k0.17%	0.17%	Added +4	+4 0.1%
68	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	7,889	$580.9k0.17%	0.17%	Added +449	+449 6.0%
69	BROADRIDGE FINL SOLUTIONS IN COM BR	BR	2,358	$573.1k0.17%	0.17%	Added +447	+447 23.4%
70	PFIZER INC COM PFE	PFE	23,636	$572.9k0.17%	0.17%	Reduced -4.5k	-4,535 -16.1%
71	EATON CORP PLC SHS ETN	ETN	1,580	$564.0k0.16%	0.16%	Unchanged
72	AT&T INC COM T	T	19,431	$562.3k0.16%	0.16%	Reduced -560	-560 -2.8%
73	ELI LILLY & CO COM LLY	LLY	719	$560.8k0.16%	0.16%	Unchanged
74	ISHARES TR MSCI USA ESG SLC SUSA	SUSA	4,410	$559.0k0.16%	0.16%	Added +7	+7 0.2%
75	NEXTERA ENERGY INC COM NEE	NEE	8,006	$555.8k0.16%	0.16%	Added +5	+5 0.1%
76	COSTCO WHSL CORP NEW COM COST	COST	545	$539.5k0.16%	0.16%	Reduced -265	-265 -32.7%
77	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	1,920	$535.5k0.16%	0.16%	Unchanged
78	COCA COLA CO COM KO	KO	7,568	$535.4k0.16%	0.16%	Reduced -171	-171 -2.2%
79	CIVISTA BANCSHARES INC COM NO PAR CIVB	CIVB	22,877	$530.7k0.15%	0.15%	Unchanged
80	ISHARES TR S&P 500 VAL ETF IVE	IVE	2,698	$527.3k0.15%	0.15%	Added +2	+2 0.1%
81	DISNEY WALT CO COM DIS	DIS	4,179	$518.2k0.15%	0.15%	Unchanged
82	COLGATE PALMOLIVE CO COM CL	CL	5,515	$501.3k0.15%	0.15%	Added +926	+926 20.2%
83	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	8,687	$495.2k0.14%	0.14%	Added +15	+15 0.2%
84	ZOETIS INC CL A ZTS	ZTS	3,047	$475.2k0.14%	0.14%	Reduced -699	-699 -18.7%
85	GRACO INC COM GGG	GGG	5,500	$472.8k0.14%	0.14%	Added +83	+83 1.5%
86	ANALOG DEVICES INC COM ADI	ADI	1,985	$472.5k0.14%	0.14%	Added +566	+566 39.9%
87	EDWARDS LIFESCIENCES CORP COM EW	EW	6,000	$469.3k0.14%	0.14%	Reduced -312	-312 -4.9%
88	NETFLIX INC COM NFLX	NFLX	350	$468.7k0.14%	0.14%	Unchanged
89	GENERAL DYNAMICS CORP COM GD	GD	1,591	$464.0k0.14%	0.14%	Added +52	+52 3.4%
90	STARBUCKS CORP COM SBUX	SBUX	5,022	$460.1k0.13%	0.13%	Unchanged
91	ENTERGY CORP NEW COM ETR	ETR	5,493	$456.6k0.13%	0.13%	Added +1.5k	+1,483 37.0%
92	ALPHABET INC CAP STK CL C GOOG	GOOG	2,546	$451.6k0.13%	0.13%	Unchanged
93	AMGEN INC COM AMGN	AMGN	1,506	$420.5k0.12%	0.12%	Unchanged
94	CHUBB LIMITED COM CB	CB	1,449	$419.8k0.12%	0.12%	Added +548	+548 60.8%
95	DIMENSIONAL ETF TRUST US CORE EQUITY 1 US CORE EQUITY 1		6,134	$410.1k0.12%	0.12%	Reduced -124	-124 -2.0%
96	SNAP ON INC COM SNA	SNA	1,275	$396.8k0.12%	0.12%	Added +592	+592 86.7%
97	MARTIN MARIETTA MATLS INC COM MLM	MLM	719	$394.7k0.11%	0.11%	Reduced -71	-71 -9.0%
98	CATERPILLAR INC COM CAT	CAT	1,004	$389.8k0.11%	0.11%	Reduced -300	-300 -23.0%
99	ILLINOIS TOOL WKS INC COM ITW	ITW	1,530	$378.4k0.11%	0.11%	Added +61	+61 4.2%
100	DUKE ENERGY CORP NEW COM NEW DUK	DUK	3,050	$360.0k0.10%	0.10%	Reduced -258	-258 -7.8%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
MERCK & CO INC MRK	MRK	3,046	$273.4k3.0k shares
BECTON DICKINSON & CO BDX	BDX	1,108	$253.9k1.1k shares
DEERE & CO DE	DE	533	$250.1k533 shares
INTERNATIONAL PAPER CO IP	IP	4,581	$244.4k4.6k shares
BRISTOL-MYERS SQUIBB CO BMY	BMY	3,357	$204.7k3.4k shares