Bulwark Capital Corp

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 7, 2026), Bulwark Capital Corp reported 100 stock positions worth $162.2 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 10.1% of the portfolio, followed by Pgim Ultra Short Bond ETF (PULS, 9.8%) and JPMorgan Ltd. Duration ETF (JPLD, 7.6%). Compared with Q4 2025, it opened 5 new positions, sold out of 1, added to 26 and reduced 35. The biggest buy was Schwab Intermediate-Term US (SCHR, shares +3681%) and the biggest sale Vanguard Mortgage-Backed Sec (VMBS, shares −70%).

Most Recent 13F
Q2 2026
Location
FERNANDINA BEACH, FL
CIK
0002075899
Portfolio Value
$162.2M (Q1 2026)
SEC Filing
0002075899-26-000002 ↗ filed Apr 7, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q2 2025: $118.7M Q2 2025 Q3 2025: $128.6M Q3 2025 Q4 2025: $140.6M Q4 2025 Q1 2026: $162.2M $162.2M Q1 2026 Q2 2026: $177.7M Q2 2026

Holdings 100 stocks · $162.2M
VTI VG Morningstar TS MKT ETF-US 10.10% 51,093 $16.4M Add +0.1%
PULS Pgim Ultra Short Bond ETF 9.82% 321,880 $15.9M Add +104.5%
JPLD JPMorgan Ltd. Duration ETF 7.60% 236,214 $12.3M Add +70.6%
IVV iShares Core S&P 500 ETF 6.41% 15,912 $10.4M Add +0.4%
SCHR Schwab Intermediate-Term US 5.54% 360,906 $9.0M Add +3680.7%
VTIP Vanguard Short-Term Tips 5.33% 173,006 $8.6M Reduce -10.0%
UYLD Angel Oak Ultrashort Income 5.07% 161,225 $8.2M Add +12.8%
SCHP Schwab U.S. Tips ETF 4.82% 294,046 $7.8M Add +18.0%
SGOV iShares 0-3 Month Treasury B 4.34% 69,975 $7.0M Add +229.9%
XHLF Bondbloxx BBG 6 MTH US Treas 3.21% 103,359 $5.2M Add +6.2%
VGT Vanguard Info Tech ETF 3.14% 7,298 $5.1M Reduce -3.1%
JAAA Janus Henderson Aaa Clo ETF 2.78% 89,468 $4.5M Add +12.8%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 2.64% 100,758 $4.3M Reduce -3.7%
CLOA iShares Aaa Clo Act ETF-Usdi 2.26% 70,695 $3.7M Add +55.8%
IUSG iShares Core S&P U.S. Growth 1.95% 20,439 $3.2M Add +2.2%
VMBS Vanguard Mortgage-Backed Sec 1.89% 65,158 $3.1M Reduce -69.5%
XLG Invesco S&P 500 Top 50 ETF 1.63% 48,535 $2.6M Reduce -0.4%
VIG Vanguard Dividend Apprec ETF 1.57% 11,877 $2.6M Reduce -2.7%
CGCV Cap Group Conservative Eq filed as CAPITAL GROUP CONSERVATIVE E 1.47% 79,870 $2.4M Reduce -5.8%
TBLL Invesco Short Term Treasury 1.39% 21,364 $2.3M Add +1.4%
QQQ Invesco QQQ Trust Series 1 1.24% 3,483 $2.0M No change
JMBS Janus Henderson Mortg Backed 1.13% 40,506 $1.8M Add +1.8%
FNDX Schwab Fndmntl US LRG Co. ETF 1.11% 64,511 $1.8M Reduce -2.5%
JSI JH Securitized Income ETF 0.92% 28,820 $1.5M Add +0.1%
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.84% 46,307 $1.4M Add +1.5%
ICSH iShares Ultra Short Duration 0.82% 26,245 $1.3M Add +1205.7%
XONE Bondbloxx BBG 1 Dur US Treas 0.77% 25,252 $1.3M New
SCHG Schwab US Large-Cap Growth 0.71% 39,597 $1.2M Add +16.2%
IEFA iShares Core MSCI Eafe ETF 0.66% 11,840 $1.1M Reduce -0.5%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.56% 18,577 $909K Reduce -3.8%
DGRW Wisdomtree U.S. Quality Divi 0.56% 10,323 $907K Reduce -5.8%
VCR Vanguard Consumer Discre ETF 0.54% 2,445 $878K Reduce -11.7%
EMXC iShares MSCI Emr MRK Ex Chna 0.51% 10,419 $820K Add +2.6%
VYM Vanguard High DVD Yield ETF 0.50% 5,481 $812K Reduce -1.6%
XLF SS Financial Select Sector 0.42% 13,680 $675K No change
VHT Vanguard Health Care ETF 0.36% 2,169 $591K No change
DEXC Dimensional Em Ex Cce ETF 0.36% 9,078 $589K Add +1.8%
ACWV iShares MSCI Global Min Vol 0.36% 4,858 $581K New
AAPL Apple Inc. 0.33% 2,100 $533K Reduce -3.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.31% 781 $508K Reduce -13.9%
SPSB SS SPDR P St C Corp. ETF 0.31% 16,557 $498K Reduce -4.0%
VCSH Vanguard S/T Corp. Bond ETF 0.30% 6,134 $486K Reduce -15.2%
FRDM Freedom 100 Emeging MRKT ETF 0.29% 8,676 $474K Reduce -0.9%
XLI SS Industrial Select Sector 0.28% 2,810 $454K Reduce -0.2%
EELV Invesco S&P Emerging Markets 0.26% 15,151 $425K Reduce -36.1%
QQQM Invesco Nasdaq 100 ETF 0.23% 1,550 $368K Add +1419.6%
ENFR Alerian Energy Infrastructur 0.20% 8,292 $317K Reduce -49.9%
SCHD Schwab US DVD Equity ETF 0.17% 9,229 $283K Reduce -18.1%
SPIB SS SPDR P Int C Corp. ETF 0.15% 7,099 $238K Reduce -10.4%
VEA Vanguard Ftse Developed ETF 0.13% 3,339 $214K Add +15.0%
XLP SS Consumer Staples Sel Sect 0.12% 2,471 $203K No change
CEF Sprott Physical Gold and Sil 0.12% 3,987 $190K Reduce -2.8%
GLDM SPDR Gold Minishares Trust 0.12% 2,039 $189K Reduce -24.1%
IHAK iShares Cybersecurity & Tech 0.11% 4,085 $178K Reduce -57.8%
ITA iShares U.S. Aerospace & Def 0.10% 737 $161K No change
MSFT Microsoft Corp. 0.09% 394 $146K Add +135.9%
XLK SS Technology Select Sector 0.08% 970 $129K No change
SCHO Schwab Short-Term US Treas 0.07% 4,960 $120K Reduce -32.2%
IVW iShares S&P 500 Growth ETF 0.07% 1,044 $118K No change
VOO Vanguard S&P 500 ETF 0.07% 196 $117K Reduce -75.7%
SCHM Schwab US Mid Cap ETF 0.05% 2,683 $83K Reduce -0.6%
FFSM Fidelity FNDM SM Mid Cap ETF 0.05% 2,535 $81K No change
JABS Janus Hdrsn Ass BKD Sec ETF 0.05% 1,544 $77K New
IAK iShares U.S. Insurance ETF 0.05% 585 $75K Reduce -36.6%
VUSB Vanguard Ultra Short Bond Et 0.05% 1,507 $75K Reduce -76.4%
PCMM BBLX Private Credit Clo ETF 0.05% 1,501 $74K Reduce -86.5%
PSLV Sprott Physical Silver Trust 0.04% 2,930 $71K Add +102.1%
IVT Inventrust Properties Corp. 0.04% 2,088 $64K No change
DGRO iShares Core Dividend Growth 0.04% 824 $58K Reduce -13.1%
MO Altria Group Inc. 0.03% 846 $56K No change
PM Philip Morris International 0.03% 317 $52K No change
PHYS Sprott Physical Gold Trust 0.03% 1,443 $51K New
VWO Vanguard Ftse Emerging Marke 0.03% 833 $45K Add +38.8%
WPM Wheaton Precious Metals Corp. 0.02% 300 $39K No change
IJR iShares Core S&P Small-Cap E 0.02% 272 $34K No change
SCHX Schwab US Large-Cap ETF 0.02% 1,306 $33K No change
XLV SS Health Care Select Sector 0.02% 220 $32K No change
VZ Verizon Communications Inc. 0.02% 589 $30K No change
COST Costco Wholesale Corp. 0.02% 25 $25K No change
AMZN Amazon.com Inc. 0.01% 100 $21K No change
GE General Electric filed as GE AEROSPACE 0.01% 63 $18K No change
GOOGL Alphabet Inc. Class A 0.01% 59 $17K No change
SMH Vaneck Semiconductor ETF 0.01% 43 $17K No change
TSM Taiwan Semiconductor-SP ADR 0.01% 48 $16K Add +37.1%
SHV iShares 0-1 Year Treasury Bo 0.01% 119 $13K No change
GEV GE Vernova Inc. 0.01% 15 $13K No change
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.01% 8 $11K Reduce -46.7%
XEMD Bondbloxx-JPM Usd Em MK 1-10 0.01% 236 $10K New
IBIT iShares Bitcoin Trust ETF 0.01% 267 $10K No change
NVDA Nvidia Corp. 0.00% 40 $7K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.00% 12 $5K No change
CVX Chevron Corp. 0.00% 25 $5K No change
NVAX Novavax Inc. 0.00% 610 $5K No change
CRM Salesforce Inc. 0.00% 25 $5K No change
XLC SS Comm Select Sector SPDR 0.00% 30 $3K No change
XSD SS SPDR S&P Semiconductor 0.00% 6 $2K No change
SPHD Invesco S&P 500 High Dividen 0.00% 32 $2K No change
GEHC GE Healthcare Technology 0.00% 21 $1K No change
MJ Amplify Alternat Harvest ETF 0.00% 35 $806 No change
SLV iShares Silver Trust 0.00% 1 $68 Reduce -99.6%

Portfolio Sells Q4 2025 → Q1 2026
VMBS Vanguard Mortgage-Backed Sec Reduce -69.5% 1.89% −5.27
VTIP Vanguard Short-Term Tips Reduce -10.0% 5.33% −1.44
VGT Vanguard Info Tech ETF Reduce -3.1% 3.14% −0.90
CGDV Cap Group Dividend Value Reduce -3.7% 2.64% −0.60
XLG Invesco S&P 500 Top 50 ETF Reduce -0.4% 1.63% −0.42
CGCV Cap Group Conservative Eq Reduce -5.8% 1.47% −0.37
PCMM BBLX Private Credit Clo ETF Reduce -86.5% 0.05% −0.35
VIG Vanguard Dividend Apprec ETF Reduce -2.7% 1.57% −0.33
VOO Vanguard S&P 500 ETF Reduce -75.7% 0.07% −0.29
VCR Vanguard Consumer Discre ETF Reduce -11.7% 0.54% −0.23
IHAK iShares Cybersecurity & Tech Reduce -57.8% 0.11% −0.22
EELV Invesco S&P Emerging Markets Reduce -36.1% 0.26% −0.20
VUSB Vanguard Ultra Short Bond Et Reduce -76.4% 0.05% −0.18
ENFR Alerian Energy Infrastructur Reduce -49.9% 0.20% −0.18
FNDX Schwab Fndmntl US LRG Co. ETF Reduce -2.5% 1.11% −0.17
DGRW Wisdomtree U.S. Quality Divi Reduce -5.8% 0.56% −0.14
SPY SS SPDR S&P 500 ETF Trust-US Reduce -13.9% 0.31% −0.13
VCSH Vanguard S/T Corp. Bond ETF Reduce -15.2% 0.30% −0.11
IEFA iShares Core MSCI Eafe ETF Reduce -0.5% 0.66% −0.10
AAPL Apple Inc. Reduce -3.6% 0.33% −0.09
VYM Vanguard High DVD Yield ETF Reduce -1.6% 0.50% −0.07
SPSB SS SPDR P St C Corp. ETF Reduce -4.0% 0.31% −0.06
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -3.8% 0.56% −0.06
SCHO Schwab Short-Term US Treas Reduce -32.2% 0.07% −0.05
GLDM SPDR Gold Minishares Trust Reduce -24.1% 0.12% −0.05
SCHD Schwab US DVD Equity ETF Reduce -18.1% 0.17% −0.05
SPIB SS SPDR P Int C Corp. ETF Reduce -10.4% 0.15% −0.04
IAK iShares U.S. Insurance ETF Reduce -36.6% 0.05% −0.04
XLI SS Industrial Select Sector Reduce -0.2% 0.28% −0.03
FRDM Freedom 100 Emeging MRKT ETF Reduce -0.9% 0.29% −0.03
CEF Sprott Physical Gold and Sil Reduce -2.8% 0.12% −0.02
SLV iShares Silver Trust Reduce -99.6% 0.00% −0.01
DGRO iShares Core Dividend Growth Reduce -13.1% 0.04% −0.01
SCHM Schwab US Mid Cap ETF Reduce -0.6% 0.05% −0.01
ASML ASML Holding NV-NY Reg SHS Reduce -46.7% 0.01% −0.00
CAVA Cava Group Inc. Sold out 0.00% −0.00

Portfolio Buys Q4 2025 → Q1 2026
SCHR Schwab Intermediate-Term US Add +3680.7% 5.54% +5.37
PULS Pgim Ultra Short Bond ETF Add +104.5% 9.82% +4.27
SGOV iShares 0-3 Month Treasury B Add +229.9% 4.34% +2.83
JPLD JPMorgan Ltd. Duration ETF Add +70.6% 7.60% +2.45
XONE Bondbloxx BBG 1 Dur US Treas New 0.77% +0.77
ICSH iShares Ultra Short Duration Add +1205.7% 0.82% +0.75
CLOA iShares Aaa Clo Act ETF-Usdi Add +55.8% 2.26% +0.59
ACWV iShares MSCI Global Min Vol New 0.36% +0.36
QQQM Invesco Nasdaq 100 ETF Add +1419.6% 0.23% +0.21
SCHP Schwab U.S. Tips ETF Add +18.0% 4.82% +0.13
JABS Janus Hdrsn Ass BKD Sec ETF New 0.05% +0.05
MSFT Microsoft Corp. Add +135.9% 0.09% +0.03
PHYS Sprott Physical Gold Trust New 0.03% +0.03
PSLV Sprott Physical Silver Trust Add +102.1% 0.04% +0.02
XEMD Bondbloxx-JPM Usd Em MK 1-10 New 0.01% +0.01
VWO Vanguard Ftse Emerging Marke Add +38.8% 0.03% +0.00
VEA Vanguard Ftse Developed ETF Add +15.0% 0.13% +0.00
TSM Taiwan Semiconductor-SP ADR Add +37.1% 0.01% +0.00
EMXC iShares MSCI Emr MRK Ex Chna Add +2.6% 0.51% −0.02
DEXC Dimensional Em Ex Cce ETF Add +1.8% 0.36% −0.02
JAAA Janus Henderson Aaa Clo ETF Add +12.8% 2.78% −0.07
SCHG Schwab US Large-Cap Growth Add +16.2% 0.71% −0.08
CGXU Cap Group Intl Focus Add +1.5% 0.84% −0.12
UYLD Angel Oak Ultrashort Income Add +12.8% 5.07% −0.13
JSI JH Securitized Income ETF Add +0.1% 0.92% −0.15
JMBS Janus Henderson Mortg Backed Add +1.8% 1.13% −0.16
TBLL Invesco Short Term Treasury Add +1.4% 1.39% −0.19
XHLF Bondbloxx BBG 6 MTH US Treas Add +6.2% 3.21% −0.27
IUSG iShares Core S&P U.S. Growth Add +2.2% 1.95% −0.43
IVV iShares Core S&P 500 ETF Add +0.4% 6.41% −1.31
VTI VG Morningstar TS MKT ETF-US Add +0.1% 10.10% −2.07

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 105$177.7MPULS, VTI, IVV, JPLD, SCHR
Q1 2026 100$162.2MVTI, PULS, JPLD, IVV, SCHR
Q4 2025 96$140.6MVTI, IVV, VMBS, VTIP, PULS
Q3 2025 101$128.6MVTI, IVV, VMBS, VTIP, JPLD
Q2 2025 95$118.7MVTI, IVV, VMBS, VTIP, JPLD