Cornerstone Advisors Asset Management, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 24, 2025), Cornerstone Advisors Asset Management, LLC reported 124 stock positions worth $488.2 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 11.9% of the portfolio, followed by SS SPDR P Agg Bond ETF (SPAB, 6.8%) and Vanguard Ftse All-World Ex-U (VEU, 6.3%). Compared with Q4 2024, it opened 19 new positions, sold out of 1, added to 54 and reduced 25. The biggest buy was a new position in Cap Group Municipal Income (CGMU) and the biggest sale an exit from Proshares Eafe DVD Growers (EFAD).

Most Recent 13F
Q2 2026
Location
BETHLEHEM, PA
CIK
0002044324
Portfolio Value
$488.2M (Q1 2025)
SEC Filing
0002044324-25-000002 ↗ filed Apr 24, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $284.3M Q1 2024 Q2 2024: $354.0M Q2 2024 Q3 2024: $452.4M Q3 2024 Q4 2024: $462.8M Q4 2024 Q1 2025: $488.2M $488.2M Q1 2025 Q2 2025: $519.3M Q2 2025 Q3 2025: $572.0M Q3 2025 Q4 2025: $616.2M Q4 2025 Q1 2026: $648.0M Q1 2026 Q2 2026: $764.7M Q2 2026

Holdings 124 stocks · $488.2M
SCHX Schwab US Large-Cap ETF 11.89% 2,629,519 $58.1M Add +8.4%
SPAB SS SPDR P Agg Bond ETF 6.79% 1,297,331 $33.1M Add +6.8%
VEU Vanguard Ftse All-World Ex-U 6.33% 509,064 $30.9M Add +8.9%
HTRB Hartford TTL RTRN BND ETF 6.14% 885,760 $30.0M Reduce -1.5%
IVV iShares Core S&P 500 ETF 5.65% 49,097 $27.6M Add +0.9%
JAAA Janus Henderson Aaa Clo ETF 5.51% 530,383 $26.9M Reduce -1.6%
SPYM Ste STR SPDR PT S&P 500 ETF 4.06% 301,695 $19.8M Add +0.4%
MMIN Nylim Mackay Muni Insured Et filed as NEW YORK LIFE INVTS ACTIVE E 3.91% 807,186 $19.1M Add +3.2%
SGOV iShares 0-3 Month Treasury B 3.11% 151,038 $15.2M Add +6.4%
SPSM SS SPDR P S&P 600 Small Cap 2.38% 284,873 $11.6M Add +14.6%
MMIT Nylim Mackay Muni Intermedia filed as NEW YORK LIFE INVTS ACTIVE E 2.33% 473,970 $11.4M Add +21.1%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.06% 39,142 $10.1M Reduce -5.8%
GSEW Goldman Sachs Eql WGHT Large 1.95% 125,393 $9.5M Add +2.1%
PREF Pri Spe Pre Sec Acti-Usd Inc. 1.83% 481,665 $8.9M Add +7.4%
VGT Vanguard Info Tech ETF 1.54% 13,883 $7.5M Add +7.3%
SPDW Ste STR SPDR PT DW Eu ETF 1.46% 195,341 $7.1M Add +3.7%
SPY SS SPDR S&P 500 ETF Trust-US 1.35% 11,806 $6.6M Reduce -0.2%
QLTA iShares Aaa - A Rated Corpor 1.28% 131,845 $6.3M Add +0.4%
VIGI Vanguard Int Div App Indx FD 1.24% 72,696 $6.0M Reduce -0.3%
SCHF Schwab Intl Equity ETF 1.18% 292,339 $5.8M Add +2.1%
DVY iShares Select Dividend ETF 1.18% 42,864 $5.8M No change
IWF iShares Russell 1000 Growth 1.07% 14,495 $5.2M No change
AGG iShares Core U.S. Aggregate 1.02% 50,255 $5.0M Add +41.1%
QUAL iShares MSCI USA Quality Fac 1.00% 28,669 $4.9M Reduce -2.3%
SLYV SS SPDR S&P 600 SC Val ETF 0.95% 59,293 $4.6M Reduce -4.8%
EFA iShares MSCI Eafe ETF 0.89% 53,189 $4.3M Reduce -0.7%
VIG Vanguard Dividend Apprec ETF 0.83% 20,923 $4.1M Add +0.0%
VYM Vanguard High DVD Yield ETF 0.77% 29,009 $3.7M No change
GBIL Goldman Sachs Access Treasur 0.72% 35,313 $3.5M Reduce -1.5%
SCHA Schwab US Small-Cap ETF 0.67% 140,373 $3.3M Reduce -2.1%
IJH iShares Core S&P Midcap ETF 0.66% 54,909 $3.2M Add +1.0%
VTEB Vanguard Tax-Exempt Bond ETF 0.65% 64,200 $3.2M Reduce -0.3%
CGMU Cap Group Municipal Income 0.65% 117,686 $3.2M New
IGRO iShares Intl Div Growth ETF 0.61% 41,041 $3.0M New
NOBL Proshares S&P 500 Dividend A 0.57% 27,435 $2.8M No change
IEFA iShares Core MSCI Eafe ETF 0.56% 36,177 $2.7M Add +6.4%
VTWO Vanguard Russell 2000 ETF 0.55% 33,587 $2.7M Reduce -1.8%
PNOV Innovator U.S. Equity Power 0.54% 70,224 $2.6M No change
IWB iShares Russell 1000 ETF 0.49% 7,878 $2.4M Reduce -0.5%
ICF iShares Select U.S. REIT ETF 0.47% 37,604 $2.3M Add +11.0%
IJR iShares Core S&P Small-Cap E 0.45% 21,187 $2.2M Add +1.4%
SPYV SS SPDR P S&P 500 Value ETF 0.44% 41,783 $2.1M Add +0.3%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.43% 19,388 $2.1M New
SCMB Schwab Municipal Bond ETF 0.42% 81,119 $2.1M Add +75.6%
SCHK Schwab 1000 Index ETF 0.41% 74,028 $2.0M Add +0.3%
IWM iShares Russell 2000 ETF 0.38% 9,199 $1.8M Add +3.5%
VB Vanguard Most SM-Cap ETF-Usd 0.37% 8,221 $1.8M Add +3.8%
SPEM State Street SP PTF Em ETF 0.36% 44,133 $1.7M Add +6.4%
VTV Vanguard Mrngstr Val ETF-Aui 0.33% 9,335 $1.6M Add +195.4%
HDV iShares Core High Dividend E 0.33% 13,218 $1.6M Add +9.9%
RLY SS Multi-Asset Real Ret ETF 0.31% 53,336 $1.5M No change
BKLC BNY Mellon US LRG Cap Cor 0.31% 14,300 $1.5M No change
AAPL Apple Inc. 0.29% 6,476 $1.4M Add +5.7%
VUG Vanguard Mrngstar GR ETF-Sui 0.27% 3,543 $1.3M Add +87.7%
PFF iShares Preferred & Income S 0.26% 40,530 $1.2M Add +10.1%
BRK.B Berkshire Hathaway Inc. Class B 0.23% 2,114 $1.1M Add +5.5%
VTI VG Morningstar TS MKT ETF-US 0.23% 4,005 $1.1M No change
SCHV Schwab US Large-Cap Value 0.22% 40,746 $1.1M Add +0.5%
IVLU iShares MSCI International V 0.22% 35,433 $1.1M Reduce -0.2%
XLRE SS Real Estate Select Sector 0.22% 25,233 $1.1M No change
SPSB SS SPDR P St C Corp. ETF 0.22% 35,044 $1.1M New
GOVT iShares US Treasury Bond ETF 0.21% 44,691 $1.0M Add +0.3%
PAAA Pgim Aaa Clo ETF 0.20% 18,655 $957K Reduce -4.6%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.19% 19,945 $919K Reduce -9.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.18% 3,631 $903K No change
VTIP Vanguard Short-Term Tips 0.17% 16,986 $848K Reduce -1.6%
BIL SS SPDR BB 1-3M T-Bill ETF 0.17% 9,144 $839K Reduce -21.7%
FNB FNB Corp. 0.16% 56,774 $764K No change
PPL PPL Corp. 0.15% 20,484 $740K Add +3.1%
VEA Vanguard Ftse Developed ETF 0.15% 14,117 $718K Add +212.9%
YUM Yum! Brands Inc. 0.14% 4,450 $700K No change
MBB iShares MBS ETF 0.14% 7,396 $694K New
T AT&T Inc. 0.14% 23,948 $677K Add +2.6%
PFIS Peoples Financial Services 0.14% 15,153 $674K No change
LGLV SPDR US LC Low Vol Idx 0.14% 3,867 $673K New
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.13% 25,951 $635K No change
IEMG iShares Core MSCI Emerging 0.13% 11,485 $620K Add +0.3%
BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS 0.13% 28,827 $619K No change
INFL Horizon Kinetics Infl Benef 0.13% 15,031 $611K No change
VT Vanguard Tot World STK ETF 0.12% 5,165 $599K Add +95.3%
CVX Chevron Corp. 0.12% 3,540 $592K Add +126.0%
DGRO iShares Core Dividend Growth 0.12% 9,237 $571K Reduce -20.9%
EFV iShares MSCI Eafe Value ETF 0.12% 9,640 $568K No change
IWN iShares Russell 2000 Value E 0.11% 3,703 $559K No change
SCHB Schwab US Broad Market ETF 0.11% 25,929 $558K Add +0.3%
JNJ Johnson & Johnson 0.11% 3,327 $552K Add +11.8%
ABBV Abbvie Inc. 0.11% 2,629 $551K No change
BND Vanguard Total Bond Market 0.11% 7,456 $548K Reduce -15.6%
NSC Norfolk Southern Corp. 0.11% 2,258 $535K Add +0.2%
VONG Vanguard Russell 1000 Growth 0.11% 5,722 $531K New
WOOD iShares Global Timber & Fore 0.11% 6,915 $522K No change
VLUE iShares MSCI USA Value Facto 0.11% 4,817 $514K Add +0.6%
NVDA Nvidia Corp. 0.10% 4,708 $510K Reduce -42.0%
BKCI BNY Mellon Concentrated Intl 0.10% 10,571 $505K No change
MSFT Microsoft Corp. 0.10% 1,255 $471K Add +19.6%
VZ Verizon Communications Inc. 0.09% 9,984 $453K Add +1.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.09% 1,710 $442K Reduce -2.7%
MCD McDonald's Corp. 0.09% 1,389 $434K Add +1.8%
ESGU iShares ESG Aware MSCI USA 0.09% 3,523 $430K Add +0.3%
ABT Abbott Laboratories 0.08% 3,036 $403K Add +19.3%
GLD SPDR Gold Shares 0.08% 1,390 $401K No change
IWD iShares Russell 1000 Value E 0.08% 2,103 $396K New
VBR Vngrd Mrngst SL-CP Val ETF-U 0.08% 2,124 $396K New
IDV iShares International Select 0.08% 12,640 $392K No change
VCSH Vanguard S/T Corp. Bond ETF 0.08% 4,850 $383K New
VWO Vanguard Ftse Emerging Marke 0.07% 7,599 $344K New
TFC Truist Financial Corp. 0.07% 8,281 $341K Add +0.9%
KMB Kimberly-Clark Corp. 0.07% 2,376 $338K Add +7.8%
PG The Procter & Gamble Co. 0.07% 1,862 $317K Reduce -0.4%
BSV Vanguard Short-Term Bond ETF 0.06% 4,034 $316K Reduce -1.4%
CMCSA Comcast Corp. Class A 0.06% 7,847 $290K Add +7.5%
PULS Pgim Ultra Short Bond ETF 0.06% 5,744 $286K New
SMLV SS SPDR US SC Low Vol Idx 0.06% 2,302 $283K New
SCHP Schwab U.S. Tips ETF 0.06% 10,275 $276K Reduce -4.0%
ROST Ross Stores Inc. 0.05% 2,000 $256K No change
VXUS Vanguard Total Intl Stock 0.05% 3,851 $239K No change
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 0.05% 6,752 $238K New
XOM Exxon Mobil Corp. 0.05% 1,937 $230K New
D Dominion Energy Inc. 0.05% 4,024 $226K New
MTB M & T Bank Corp. filed as M & T BK CORP 0.04% 1,169 $209K Add +9.3%
ALL Allstate Corp. 0.04% 1,000 $207K New
LIN Linde PLC 0.04% 435 $203K New
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.04% 2,565 $202K New
PAA Plains All Amer Pipeline LP 0.04% 10,000 $200K No change

Portfolio Sells Q4 2024 → Q1 2025
EFAD Proshares Eafe DVD Growers Sold out 0.00% −0.61
JAAA Janus Henderson Aaa Clo ETF Reduce -1.6% 5.51% −0.39
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -5.8% 2.06% −0.36
HTRB Hartford TTL RTRN BND ETF Reduce -1.5% 6.14% −0.33
SLYV SS SPDR S&P 600 SC Val ETF Reduce -4.8% 0.95% −0.22
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.2% 1.35% −0.15
NVDA Nvidia Corp. Reduce -42.0% 0.10% −0.13
SCHA Schwab US Small-Cap ETF Reduce -2.1% 0.67% −0.13
QUAL iShares MSCI USA Quality Fac Reduce -2.3% 1.00% −0.13
VTWO Vanguard Russell 2000 ETF Reduce -1.8% 0.55% −0.11
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -21.7% 0.17% −0.06
IWB iShares Russell 1000 ETF Reduce -0.5% 0.49% −0.06
GBIL Goldman Sachs Access Treasur Reduce -1.5% 0.72% −0.05
VTEB Vanguard Tax-Exempt Bond ETF Reduce -0.3% 0.65% −0.05
DGRO iShares Core Dividend Growth Reduce -20.9% 0.12% −0.04
IUSB Ishr CR Unvrse Usd BD ETF-Ui Reduce -9.4% 0.19% −0.03
VIGI Vanguard Int Div App Indx FD Reduce -0.3% 1.24% −0.03
BND Vanguard Total Bond Market Reduce -15.6% 0.11% −0.03
PAAA Pgim Aaa Clo ETF Reduce -4.6% 0.20% −0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -2.7% 0.09% −0.01
VTIP Vanguard Short-Term Tips Reduce -1.6% 0.17% −0.01
BSV Vanguard Short-Term Bond ETF Reduce -1.4% 0.06% −0.00
SCHP Schwab U.S. Tips ETF Reduce -4.0% 0.06% −0.00
PG The Procter & Gamble Co. Reduce -0.4% 0.07% −0.00
IVLU iShares MSCI International V Reduce -0.2% 0.22% +0.01
EFA iShares MSCI Eafe ETF Reduce -0.7% 0.89% +0.02

Portfolio Buys Q4 2024 → Q1 2025
CGMU Cap Group Municipal Income New 0.65% +0.65
IGRO iShares Intl Div Growth ETF New 0.61% +0.61
VEU Vanguard Ftse All-World Ex-U Add +8.9% 6.33% +0.53
LQD Ishr Ibx Usd Invgd CB ETF-Ui New 0.43% +0.43
MMIT Nylim Mackay Muni Intermedia Add +21.1% 2.33% +0.30
AGG iShares Core U.S. Aggregate Add +41.1% 1.02% +0.27
SPAB SS SPDR P Agg Bond ETF Add +6.8% 6.79% +0.23
SPSB SS SPDR P St C Corp. ETF New 0.22% +0.22
VTV Vanguard Mrngstr Val ETF-Aui Add +195.4% 0.33% +0.21
SCMB Schwab Municipal Bond ETF Add +75.6% 0.42% +0.17
MBB iShares MBS ETF New 0.14% +0.14
LGLV SPDR US LC Low Vol Idx New 0.14% +0.14
VONG Vanguard Russell 1000 Growth New 0.11% +0.11
VUG Vanguard Mrngstar GR ETF-Sui Add +87.7% 0.27% +0.10
VEA Vanguard Ftse Developed ETF Add +212.9% 0.15% +0.10
IWD iShares Russell 1000 Value E New 0.08% +0.08
VBR Vngrd Mrngst SL-CP Val ETF-U New 0.08% +0.08
VCSH Vanguard S/T Corp. Bond ETF New 0.08% +0.08
CVX Chevron Corp. Add +126.0% 0.12% +0.07
VWO Vanguard Ftse Emerging Marke New 0.07% +0.07
SPDW Ste STR SPDR PT DW Eu ETF Add +3.7% 1.46% +0.07
PULS Pgim Ultra Short Bond ETF New 0.06% +0.06
SMLV SS SPDR US SC Low Vol Idx New 0.06% +0.06
VT Vanguard Tot World STK ETF Add +95.3% 0.12% +0.06
DJP Ipath Bloomberg Commodity Inc. New 0.05% +0.05
XOM Exxon Mobil Corp. New 0.05% +0.05
D Dominion Energy Inc. New 0.05% +0.05
IEFA iShares Core MSCI Eafe ETF Add +6.4% 0.56% +0.04
ALL Allstate Corp. New 0.04% +0.04
LIN Linde PLC New 0.04% +0.04
HYG Ishr Ibx Usd Hiyld CB ETF-Ui New 0.04% +0.04
SCHF Schwab Intl Equity ETF Add +2.1% 1.18% +0.04
SGOV iShares 0-3 Month Treasury B Add +6.4% 3.11% +0.04
HDV iShares Core High Dividend E Add +9.9% 0.33% +0.04
BRK.B Berkshire Hathaway Inc. Class B Add +5.5% 0.23% +0.03
ICF iShares Select U.S. REIT ETF Add +11.0% 0.47% +0.03
PREF Pri Spe Pre Sec Acti-Usd Inc. Add +7.4% 1.83% +0.02
T AT&T Inc. Add +2.6% 0.14% +0.02
ABT Abbott Laboratories Add +19.3% 0.08% +0.02
JNJ Johnson & Johnson Add +11.8% 0.11% +0.02
PPL PPL Corp. Add +3.1% 0.15% +0.01
SPEM State Street SP PTF Em ETF Add +6.4% 0.36% +0.01
VZ Verizon Communications Inc. Add +1.4% 0.09% +0.01
KMB Kimberly-Clark Corp. Add +7.8% 0.07% +0.01
PFF iShares Preferred & Income S Add +10.1% 0.26% +0.01
MCD McDonald's Corp. Add +1.8% 0.09% +0.00
MSFT Microsoft Corp. Add +19.6% 0.10% +0.00
CMCSA Comcast Corp. Class A Add +7.5% 0.06% +0.00
MTB M & T Bank Corp. Add +9.3% 0.04% −0.00
IEMG iShares Core MSCI Emerging Add +0.3% 0.13% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 133$764.7MSCHX, SPAB, VEU, IVV, JAAA
Q1 2026 134$648.0MSCHX, VEU, SPAB, HTRB, IVV
Q4 2025 133$616.2MSCHX, VEU, SPAB, HTRB, IVV
Q3 2025 128$572.0MSCHX, VEU, SPAB, HTRB, IVV
Q2 2025 113$519.3MSCHX, SPAB, VEU, HTRB, IVV
Q1 2025 124$488.2MSCHX, SPAB, VEU, HTRB, IVV
Q4 2024 106$462.8MSCHX, SPAB, HTRB, IVV, JAAA
Q3 2024 105$452.4MSCHX, HTRB, SPAB, IVV, JAAA
Q2 2024 102$354.0MSCHX, IVV, JAAA, VEU, SPAB
Q1 2024 103$284.3MSCHX, IVV, VEU, MMIN, SPAB