MilWealth Group LLC

MILWAUKEE, WI · CIK 1972750 · 13F filing filed 2023-07-24

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

$258.6m reported value +2.5% vs Q1 2023

57positions

94.4%in top 10

0 new 5 added 16 reduced 7 sold out vs Q1 2023

Holdings, Q2 2023

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	320,336	$64.9m25.12%	25.12%	Reduced -2.1k	-2,083 -0.7%
2	VANGUARD INDEX FDS SMALL CP ETF VB	VB	158,607	$31.5m12.20%	12.20%	Added +912	+912 0.6%
3	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	525,884	$28.6m11.07%	11.07%	Reduced -1.9k	-1,912 -0.4%
4	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	361,963	$28.6m11.06%	11.06%	Reduced -557	-557 -0.1%
5	VANGUARD SCOTTSDALE FDS INTER TERM TREAS VGIT	VGIT	481,429	$28.2m10.92%	10.92%	Reduced -1.4k	-1,417 -0.3%
6	VANGUARD CHARLOTTE FDS TOTAL INT BD ETF BNDX	BNDX	446,093	$21.8m8.43%	8.43%	Reduced -4.3k	-4,282 -0.9%
7	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	195,653	$14.8m5.72%	5.72%	Reduced -1.1k	-1,067 -0.5%
8	VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF VSS	VSS	97,562	$10.8m4.17%	4.17%	Added +300	+300 0.3%
9	DIMENSIONAL ETF TRUST US CORE EQUITY 2 DFAC	DFAC	350,291	$9.5m3.68%	3.68%	Reduced -343	-343 -0.1%
10	DIMENSIONAL ETF TRUST WORLD EX US CORE DFAX	DFAX	227,790	$5.3m2.05%	2.05%	Added +1.5k	+1,491 0.7%
11	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	27,548	$4.5m1.73%	1.73%	Reduced -436	-436 -1.6%
12	VANGUARD INDEX FDS VALUE ETF VTV	VTV	14,871	$2.1m0.82%	0.82%	Reduced -247	-247 -1.6%
13	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	6,738	$1.9m0.74%	0.74%	Reduced -119	-119 -1.7%
14	SCHWAB STRATEGIC TR US SML CAP ETF SCHA	SCHA	22,708	$994.6k0.38%	0.38%	Unchanged
15	VANGUARD INDEX FDS MID CAP ETF VO	VO	3,892	$856.8k0.33%	0.33%	Reduced -62	-62 -1.6%
16	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	2,224	$489.9k0.19%	0.19%	Added +1	+1 0.0%
17	ISHARES TR CORE S&P500 ETF IVV	IVV	927	$413.2k0.16%	0.16%	Reduced -47	-47 -4.8%
18	VANGUARD WORLD FD ESG INTL STK ETF VSGX	VSGX	6,543	$347.5k0.13%	0.13%	Added +24	+24 0.4%
19	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	3,090	$327.8k0.13%	0.13%	Unchanged
20	APPLE INC COM AAPL	AAPL	1,501	$291.1k0.11%	0.11%	Unchanged
21	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	677	$275.7k0.11%	0.11%	Unchanged
22	OMNICOM GROUP INC COM OMC	OMC	2,412	$229.5k0.09%	0.09%	Unchanged
23	PROCTER AND GAMBLE CO COM PG	PG	1,259	$191.0k0.07%	0.07%	Unchanged
24	UNITED PARCEL SERVICE INC CL B UPS	UPS	992	$177.8k0.07%	0.07%	Unchanged
25	US BANCORP DEL COM NEW USB	USB	3,052	$100.8k0.04%	0.04%	Unchanged
26	ISHARES TR RUS 1000 VAL ETF IWD	IWD	618	$97.6k0.04%	0.04%	Reduced -131	-131 -17.5%
27	SELECT SECTOR SPDR TR INDL XLI	XLI	869	$93.3k0.04%	0.04%	Unchanged
28	ISHARES TR SELECT DIVID ETF DVY	DVY	766	$86.7k0.03%	0.03%	Unchanged
29	SPDR GOLD TR GOLD SHS GLD	GLD	459	$81.8k0.03%	0.03%	Unchanged
30	SCHWAB STRATEGIC TR INT-TRM U.S TRES SCHR	SCHR	1,403	$69.1k0.03%	0.03%	Unchanged
31	SCHWAB STRATEGIC TR 5 10YR CORP BD SCHI	SCHI	1,559	$68.7k0.03%	0.03%	Unchanged
32	WEC ENERGY GROUP INC COM WEC	WEC	771	$68.0k0.03%	0.03%	Reduced -49	-49 -6.0%
33	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	1,169	$65.6k0.03%	0.03%	Unchanged
34	MICROSOFT CORP COM MSFT	MSFT	192	$65.4k0.03%	0.03%	Unchanged
35	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	143	$63.4k0.02%	0.02%	Reduced -19	-19 -11.7%
36	ISHARES TR RUS 2000 VAL ETF IWN	IWN	417	$58.7k0.02%	0.02%	Unchanged
37	FISERV INC COM FISV	FISV	385	$48.6k0.02%	0.02%	Unchanged
38	SEMPRA COM SRE	SRE	288	$41.9k0.02%	0.02%	Unchanged
39	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	118	$40.2k0.02%	0.02%	Unchanged
40	SALESFORCE INC COM CRM	CRM	165	$34.9k0.01%	0.01%	Unchanged
41	ADVANCED MICRO DEVICES INC COM AMD	AMD	300	$34.2k0.01%	0.01%	Unchanged
42	VANGUARD INDEX FDS EXTEND MKT ETF VXF	VXF	226	$33.7k0.01%	0.01%	Unchanged
43	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	851	$27.7k0.01%	0.01%	Unchanged
44	BANK AMERICA CORP COM BAC	BAC	859	$24.6k0.01%	0.01%	Unchanged
45	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	330	$24.0k0.01%	0.01%	Unchanged
46	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	100	$16.5k0.01%	0.01%	Unchanged
47	FIDELITY NATL INFORMATION SV COM FIS	FIS	285	$15.6k0.01%	0.01%	Unchanged
48	INVESCO EXCH TRADED FD TR II S&P GBL WATER CGW	CGW	276	$14.2k0.01%	0.01%	Unchanged
49	AMAZON COM INC COM AMZN	AMZN	100	$13.0k0.01%	0.01%	Unchanged
50	ISHARES TR RUS MDCP VAL ETF IWS	IWS	110	$12.1k0.00%	0.00%	Unchanged
51	VANGUARD INDEX FDS MCAP VL IDXVIP VOE	VOE	76	$10.5k0.00%	0.00%	Unchanged
52	EXACT SCIENCES CORP COM EXAS	EXAS	93	$8.7k0.00%	0.00%	Reduced -92	-92 -49.7%
53	JOHNSON & JOHNSON COM JNJ	JNJ	50	$8.3k0.00%	0.00%	Unchanged
54	PIPER SANDLER COMPANIES COM PJC	PJC	23	$3.0k0.00%	0.00%	Unchanged
55	UNDER ARMOUR INC CL C UA	UA	60	$4030.00%	0.00%	Unchanged
56	STARBUCKS CORP COM SBUX	SBUX	3	$2980.00%	0.00%	Unchanged
57	UNDER ARMOUR INC CL A UAA	UAA	15	$1090.00%	0.00%	Unchanged

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
KIMBERLY-CLARK CORP KMB	KMB	291	$39.1k291 shares
EXXON MOBIL CORP XOM	XOM	191	$20.9k191 shares
DUPONT DE NEMOURS INC DWDP	DWDP	41	$2.9k41 shares
CORTEVA INC CTVA	CTVA	41	$2.5k41 shares
DOW INC DOW	DOW	41	$2.2k41 shares
AVANOS MED INC AVNS	AVNS	37	$1.1k37 shares
CHEMOURS CO CC	CC	20	$59920 shares