MilWealth Group LLC

MILWAUKEE, WI · CIK 1972750 · 13F filing filed 2023-10-11

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

$253.9m reported value -1.8% vs Q2 2023

63positions

94.5%in top 10

8 new 18 added 10 reduced 2 sold out vs Q2 2023

Holdings, Q3 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	321,005	$62.8m24.74%	24.74%	Added +669	+669 0.2%
2	VANGUARD INDEX FDS SMALL CP ETF VB	VB	162,338	$30.7m12.09%	12.09%	Added +3.7k	+3,731 2.4%
3	VANGUARD SCOTTSDALE FDS INTER TERM TREAS VGIT	VGIT	496,245	$28.4m11.17%	11.17%	Added +14.8k	+14,816 3.1%
4	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	370,826	$28.2m11.10%	11.10%	Added +8.9k	+8,863 2.5%
5	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	537,334	$27.9m10.98%	10.98%	Added +11.4k	+11,450 2.2%
6	VANGUARD CHARLOTTE FDS TOTAL INT BD ETF BNDX	BNDX	454,273	$21.7m8.56%	8.56%	Added +8.2k	+8,180 1.8%
7	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	200,391	$15.1m5.93%	5.93%	Added +4.7k	+4,738 2.4%
8	VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF VSS	VSS	101,070	$10.7m4.23%	4.23%	Added +3.5k	+3,508 3.6%
9	DIMENSIONAL ETF TRUST US CORE EQUITY 2 DFAC	DFAC	351,802	$9.2m3.63%	3.63%	Added +1.5k	+1,511 0.4%
10	DIMENSIONAL ETF TRUST WORLD EX US CORE DFAX	DFAX	235,363	$5.3m2.09%	2.09%	Added +7.6k	+7,573 3.3%
11	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	26,965	$4.2m1.65%	1.65%	Reduced -583	-583 -2.1%
12	VANGUARD INDEX FDS VALUE ETF VTV	VTV	14,208	$2.0m0.77%	0.77%	Reduced -663	-663 -4.5%
13	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	6,556	$1.8m0.70%	0.70%	Reduced -182	-182 -2.7%
14	SCHWAB STRATEGIC TR US SML CAP ETF SCHA	SCHA	22,708	$940.6k0.37%	0.37%	Unchanged
15	VANGUARD INDEX FDS MID CAP ETF VO	VO	3,892	$810.4k0.32%	0.32%	Unchanged
16	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	2,225	$472.5k0.19%	0.19%	Added +1	+1 0.0%
17	GARTNER INC COM IT	IT	1,034	$355.3k0.14%	0.14%	New
18	ISHARES TR CORE S&P500 ETF IVV	IVV	818	$351.3k0.14%	0.14%	Reduced -109	-109 -11.8%
19	VANGUARD WORLD FD ESG INTL STK ETF VSGX	VSGX	6,823	$344.2k0.14%	0.14%	Added +280	+280 4.3%
20	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	2,872	$296.8k0.12%	0.12%	Reduced -218	-218 -7.1%
21	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	677	$265.9k0.10%	0.10%	Unchanged
22	APPLE INC COM AAPL	AAPL	1,501	$257.0k0.10%	0.10%	Unchanged
23	PROCTER AND GAMBLE CO COM PG	PG	1,259	$183.6k0.07%	0.07%	Unchanged
24	OMNICOM GROUP INC COM OMC	OMC	2,412	$179.6k0.07%	0.07%	Unchanged
25	UNITED PARCEL SERVICE INC CL B UPS	UPS	917	$142.9k0.06%	0.06%	Reduced -75	-75 -7.6%
26	US BANCORP DEL COM NEW USB	USB	3,052	$100.9k0.04%	0.04%	Unchanged
27	ISHARES TR RUS 1000 VAL ETF IWD	IWD	618	$93.9k0.04%	0.04%	Unchanged
28	SCHWAB STRATEGIC TR 5 10YR CORP BD SCHI	SCHI	2,097	$88.5k0.03%	0.03%	Added +538	+538 34.5%
29	SELECT SECTOR SPDR TR INDL XLI	XLI	869	$88.1k0.03%	0.03%	Unchanged
30	WEC ENERGY GROUP INC COM WEC	WEC	992	$79.9k0.03%	0.03%	Added +221	+221 28.7%
31	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	186	$79.5k0.03%	0.03%	Added +43	+43 30.1%
32	SPDR GOLD TR GOLD SHS GLD	GLD	459	$78.7k0.03%	0.03%	Unchanged
33	SCHWAB STRATEGIC TR INT-TRM U.S TRES SCHR	SCHR	1,464	$70.2k0.03%	0.03%	Added +61	+61 4.3%
34	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	1,169	$62.6k0.02%	0.02%	Unchanged
35	ISHARES TR RUS 2000 VAL ETF IWN	IWN	417	$56.6k0.02%	0.02%	Unchanged
36	ISHARES TR SELECT DIVID ETF DVY	DVY	487	$52.4k0.02%	0.02%	Reduced -279	-279 -36.4%
37	MICROSOFT CORP COM MSFT	MSFT	150	$47.4k0.02%	0.02%	Reduced -42	-42 -21.9%
38	FISERV INC COM FISV	FISV	385	$43.5k0.02%	0.02%	Unchanged
39	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	118	$41.3k0.02%	0.02%	Unchanged
40	EXACT SCIENCES CORP COM EXAS	EXAS	555	$37.9k0.01%	0.01%	Added +462	+462 496.8%
41	COLGATE PALMOLIVE CO COM CL	CL	516	$36.7k0.01%	0.01%	New
42	DIMENSIONAL ETF TRUST SHORT DURATION F DFSD	DFSD	787	$36.5k0.01%	0.01%	New
43	SALESFORCE INC COM CRM	CRM	165	$33.5k0.01%	0.01%	Unchanged
44	VANGUARD INDEX FDS EXTEND MKT ETF VXF	VXF	226	$32.4k0.01%	0.01%	Unchanged
45	FIDELITY NATL INFORMATION SV COM FIS	FIS	573	$31.7k0.01%	0.01%	Added +288	+288 101.0%
46	ADVANCED MICRO DEVICES INC COM AMD	AMD	300	$30.8k0.01%	0.01%	Unchanged
47	SEMPRA COM SRE	SRE	388	$26.4k0.01%	0.01%	Reduced -188	-188 -32.6%
48	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	851	$26.4k0.01%	0.01%	Unchanged
49	XCEL ENERGY INC COM XEL	XEL	460	$26.3k0.01%	0.01%	New
50	NOVARTIS AG SPONSORED ADR NVS	NVS	250	$25.5k0.01%	0.01%	New
51	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	330	$23.4k0.01%	0.01%	Unchanged
52	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	100	$15.9k0.01%	0.01%	Unchanged
53	AMAZON COM INC COM AMZN	AMZN	100	$12.7k0.01%	0.01%	Unchanged
54	ISHARES TR RUS MDCP VAL ETF IWS	IWS	110	$11.5k0.00%	0.00%	Unchanged
55	MARATHON PETE CORP COM MPC	MPC	75	$11.4k0.00%	0.00%	New
56	VANGUARD INDEX FDS MCAP VL IDXVIP VOE	VOE	76	$9.9k0.00%	0.00%	Unchanged
57	ISHARES TR CORE INTL AGGR IAGG	IAGG	163	$8.0k0.00%	0.00%	New
58	JOHNSON & JOHNSON COM JNJ	JNJ	50	$7.8k0.00%	0.00%	Unchanged
59	BANK AMERICA CORP COM BAC	BAC	270	$7.4k0.00%	0.00%	Reduced -589	-589 -68.6%
60	TESLA INC COM TSLA	TSLA	4	$1.0k0.00%	0.00%	New
61	UNDER ARMOUR INC CL C UA	UA	60	$3830.00%	0.00%	Unchanged
62	STARBUCKS CORP COM SBUX	SBUX	3	$2740.00%	0.00%	Unchanged
63	UNDER ARMOUR INC CL A UAA	UAA	15	$1030.00%	0.00%	Unchanged

Sold out since Q2 2023

Security	Ticker	Shares held before	Value then
INVESCO EXCH TRADED FD TR II CGW	CGW	276	$14.2k276 shares
PIPER SANDLER COMPANIES PJC	PJC	23	$3.0k23 shares