MilWealth Group LLC

MILWAUKEE, WI · CIK 1972750 · 13F filing filed 2023-05-09

SEC-registered investment adviser since 1999 · limited liability company

Assets managed$496.9m
Staff8 · 5 in investment roles
Main clients (by assets)High net worth individuals 94%, Individuals 5%, Companies 1%
Form ADV · 2026-09-30SEC adviser record

$243.9m reported value +6.2% vs Q3 2022

59positions

94.5%in top 10

2 new 9 added 14 reduced 4 sold out vs Q3 2022

Holdings, Q4 2022

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	VANGUARD INDEX FDS LARGE CAP ETF VV	VV	324,540	$56.5m23.18%	23.18%	Added +7.3k	+7,284 2.3%
2	VANGUARD INDEX FDS SMALL CP ETF VB	VB	159,978	$29.4m12.04%	12.04%	Added +19	+19 0.0%
3	VANGUARD SCOTTSDALE FDS INTER TERM TREAS VGIT	VGIT	488,408	$28.6m11.71%	11.71%	Reduced -9.6k	-9,553 -1.9%
4	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	367,009	$28.4m11.66%	11.66%	Reduced -2.0k	-2,050 -0.6%
5	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	536,254	$26.9m11.02%	11.02%	Added +18.2k	+18,157 3.5%
6	VANGUARD CHARLOTTE FDS TOTAL INT BD ETF BNDX	BNDX	456,031	$21.6m8.87%	8.87%	Reduced -7.7k	-7,685 -1.7%
7	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	201,435	$15.2m6.22%	6.22%	Reduced -3.0k	-3,006 -1.5%
8	VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF VSS	VSS	97,073	$10.0m4.09%	4.09%	Added +7.2k	+7,245 8.1%
9	DIMENSIONAL ETF TRUST US CORE EQUITY 2 DFAC	DFAC	363,457	$8.8m3.62%	3.62%	Added +2.3k	+2,299 0.6%
10	DIMENSIONAL ETF TRUST WORLD EX US CORE DFAX	DFAX	234,176	$5.1m2.07%	2.07%	Added +62.4k	+62,354 36.3%
11	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	28,306	$4.3m1.76%	1.76%	Reduced -1.8k	-1,796 -6.0%
12	VANGUARD INDEX FDS VALUE ETF VTV	VTV	15,322	$2.2m0.88%	0.88%	Reduced -436	-436 -2.8%
13	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	6,857	$1.5m0.60%	0.60%	Reduced -73	-73 -1.1%
14	SCHWAB STRATEGIC TR US SML CAP ETF SCHA	SCHA	22,708	$919.9k0.38%	0.38%	Unchanged
15	VANGUARD INDEX FDS MID CAP ETF VO	VO	3,981	$811.3k0.33%	0.33%	Reduced -768	-768 -16.2%
16	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	2,223	$425.0k0.17%	0.17%	Added +1	+1 0.1%
17	ISHARES TR CORE S&P500 ETF IVV	IVV	974	$374.2k0.15%	0.15%	Unchanged
18	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	3,262	$353.0k0.14%	0.14%	Unchanged
19	VANGUARD WORLD FD ESG INTL STK ETF VSGX	VSGX	6,515	$320.5k0.13%	0.13%	Added +533	+533 8.9%
20	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	677	$237.9k0.10%	0.10%	Unchanged
21	OMNICOM GROUP INC COM OMC	OMC	2,412	$196.7k0.08%	0.08%	New
22	APPLE INC COM AAPL	AAPL	1,501	$195.0k0.08%	0.08%	Unchanged
23	PROCTER AND GAMBLE CO COM PG	PG	1,259	$190.8k0.08%	0.08%	Unchanged
24	UNITED PARCEL SERVICE INC CL B UPS	UPS	992	$172.4k0.07%	0.07%	Unchanged
25	US BANCORP DEL COM NEW USB	USB	3,052	$133.1k0.05%	0.05%	Reduced -108	-108 -3.4%
26	ISHARES TR RUS 1000 VAL ETF IWD	IWD	749	$113.6k0.05%	0.05%	Reduced -566	-566 -43.0%
27	ISHARES TR SELECT DIVID ETF DVY	DVY	766	$92.3k0.04%	0.04%	Reduced -365	-365 -32.3%
28	WEC ENERGY GROUP INC COM WEC	WEC	984	$92.3k0.04%	0.04%	Unchanged
29	SELECT SECTOR SPDR TR INDL XLI	XLI	869	$85.3k0.03%	0.03%	Unchanged
30	SPDR GOLD TR GOLD SHS GLD	GLD	459	$77.9k0.03%	0.03%	Unchanged
31	SCHWAB STRATEGIC TR INT-TRM U.S TRES SCHR	SCHR	1,403	$69.1k0.03%	0.03%	Added +943	+943 205.0%
32	SCHWAB STRATEGIC TR 5 10YR CORP BD SCHI	SCHI	1,559	$67.2k0.03%	0.03%	New
33	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	162	$62.0k0.03%	0.03%	Reduced -7	-7 -4.1%
34	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	1,169	$60.5k0.02%	0.02%	Reduced -12.9k	-12,900 -91.7%
35	ISHARES TR RUS 2000 VAL ETF IWN	IWN	417	$57.9k0.02%	0.02%	Unchanged
36	MICROSOFT CORP COM MSFT	MSFT	192	$46.0k0.02%	0.02%	Unchanged
37	SEMPRA COM SRE	SRE	288	$44.5k0.02%	0.02%	Unchanged
38	FISERV INC COM FISV	FISV	385	$38.9k0.02%	0.02%	Unchanged
39	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	118	$36.5k0.01%	0.01%	Unchanged
40	VANGUARD INDEX FDS EXTEND MKT ETF VXF	VXF	226	$30.0k0.01%	0.01%	Unchanged
41	BANK AMERICA CORP COM BAC	BAC	859	$28.5k0.01%	0.01%	Unchanged
42	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	851	$25.3k0.01%	0.01%	Unchanged
43	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	330	$24.9k0.01%	0.01%	Unchanged
44	SALESFORCE INC COM CRM	CRM	165	$21.9k0.01%	0.01%	Unchanged
45	ADVANCED MICRO DEVICES INC COM AMD	AMD	300	$19.4k0.01%	0.01%	Unchanged
46	FIDELITY NATL INFORMATION SV COM FIS	FIS	285	$19.3k0.01%	0.01%	Unchanged
47	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	100	$15.9k0.01%	0.01%	Unchanged
48	INVESCO EXCH TRADED FD TR II S&P GBL WATER CGW	CGW	276	$12.9k0.01%	0.01%	Unchanged
49	ISHARES TR RUS MDCP VAL ETF IWS	IWS	110	$11.6k0.00%	0.00%	Unchanged
50	EXACT SCIENCES CORP COM EXAS	EXAS	231	$11.4k0.00%	0.00%	Unchanged
51	VANGUARD INDEX FDS MCAP VL IDXVIP VOE	VOE	76	$10.2k0.00%	0.00%	Unchanged
52	JOHNSON & JOHNSON COM JNJ	JNJ	50	$8.8k0.00%	0.00%	Unchanged
53	AMAZON COM INC COM AMZN	AMZN	100	$8.4k0.00%	0.00%	Unchanged
54	PIPER SANDLER COMPANIES COM PJC	PJC	23	$3.0k0.00%	0.00%	Unchanged
55	CHURCH & DWIGHT CO INC COM CHD	CHD	34	$2.7k0.00%	0.00%	Reduced -180	-180 -84.1%
56	DISNEY WALT CO COM DIS	DIS	10	$8690.00%	0.00%	Unchanged
57	UNDER ARMOUR INC CL C UA	UA	60	$5360.00%	0.00%	Unchanged
58	STARBUCKS CORP COM SBUX	SBUX	3	$2980.00%	0.00%	Unchanged
59	UNDER ARMOUR INC CL A UAA	UAA	15	$1530.00%	0.00%	Unchanged

Sold out since Q3 2022

Security	Ticker	Shares held before	Value then
DIMENSIONAL ETF TRUST DFIS	DFIS	11,893	$219.8k11.9k shares
VANGUARD INTL EQUITY INDEX F VWO	VWO	785	$28.6k785 shares
NEW IRELAND FD INC		426	$2.8k426 shares
NEKTAR THERAPEUTICS		99	$31799 shares