Cornerstone Advisors Asset Management, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Cornerstone Advisors Asset Management, LLC reported 113 stock positions worth $519.3 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 13.4% of the portfolio, followed by SS SPDR P Agg Bond ETF (SPAB, 7.2%) and Vanguard Ftse All-World Ex-U (VEU, 7.2%). Compared with Q1 2025, it opened 6 new positions, sold out of 17, added to 47 and reduced 27. The biggest buy was Schwab US Large-Cap ETF (SCHX, shares +9%) and the biggest sale Nylim Mackay Muni Insured Et (MMIN, shares −9%).

Most Recent 13F
Q2 2026
Location
BETHLEHEM, PA
CIK
0002044324
Portfolio Value
$519.3M (Q2 2025)
SEC Filing
0002044324-25-000007 ↗ filed Aug 8, 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 Q1 2025 Q2 2025: $519.3M $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 113 stocks · $519.3M
SCHX Schwab US Large-Cap ETF 13.44% 2,855,136 $69.8M Add +8.6%
SPAB SS SPDR P Agg Bond ETF 7.24% 1,469,560 $37.6M Add +13.3%
VEU Vanguard Ftse All-World Ex-U 7.15% 552,570 $37.1M Add +8.6%
HTRB Hartford TTL RTRN BND ETF 6.37% 976,942 $33.1M Add +10.3%
IVV iShares Core S&P 500 ETF 5.88% 49,146 $30.5M Add +0.1%
JAAA Janus Henderson Aaa Clo ETF 5.31% 543,117 $27.6M Add +2.4%
SPYM Ste STR SPDR PT S&P 500 ETF 4.31% 307,793 $22.4M Add +2.0%
MMIN Nylim Mackay Muni Insured Et filed as NEW YORK LIFE INVTS ACTIVE E 3.28% 731,155 $17.0M Reduce -9.4%
SGOV iShares 0-3 Month Treasury B 3.16% 10,270,471 $16.4M Add +6699.9%
SPSM SS SPDR P S&P 600 Small Cap 2.55% 310,523 $13.2M Add +9.0%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.16% 39,247 $11.2M Add +0.3%
MMIT Nylim Mackay Muni Intermedia filed as NEW YORK LIFE INVTS ACTIVE E 2.13% 463,423 $11.1M Reduce -2.2%
GSEW Goldman Sachs Eql WGHT Large 2.02% 128,491 $10.5M Add +2.5%
PREF Pri Spe Pre Sec Acti-Usd Inc. 1.92% 525,948 $10.0M Add +9.2%
VGT Vanguard Info Tech ETF 1.77% 13,885 $9.2M Add +0.0%
SPY SS SPDR S&P 500 ETF Trust-US 1.43% 11,999 $7.4M Add +1.6%
SCHF Schwab Intl Equity ETF 1.27% 297,975 $6.6M Add +1.9%
IWF iShares Russell 1000 Growth 1.27% 15,481 $6.6M Add +6.8%
VIGI Vanguard Int Div App Indx FD 1.26% 72,696 $6.6M No change
QLTA iShares Aaa - A Rated Corpor 1.23% 133,288 $6.4M Add +1.1%
DVY iShares Select Dividend ETF 1.10% 42,864 $5.7M No change
SPDW Ste STR SPDR PT DW Eu ETF 1.03% 132,119 $5.3M Reduce -32.4%
QUAL iShares MSCI USA Quality Fac 0.97% 27,696 $5.1M Reduce -3.4%
EFA iShares MSCI Eafe ETF 0.92% 53,189 $4.8M No change
SLYV SS SPDR S&P 600 SC Val ETF 0.91% 59,293 $4.7M No change
VIG Vanguard Dividend Apprec ETF 0.82% 20,923 $4.3M No change
VYM Vanguard High DVD Yield ETF 0.74% 29,009 $3.9M No change
CGMU Cap Group Municipal Income 0.71% 138,985 $3.7M Add +18.1%
AGG iShares Core U.S. Aggregate 0.69% 36,125 $3.6M Reduce -28.1%
SCHA Schwab US Small-Cap ETF 0.69% 140,718 $3.6M Add +0.3%
IGRO iShares Intl Div Growth ETF 0.62% 41,041 $3.2M No change
IJH iShares Core S&P Midcap ETF 0.62% 51,983 $3.2M Reduce -5.3%
GBIL Goldman Sachs Access Treasur 0.61% 31,831 $3.2M Reduce -9.9%
VTEB Vanguard Tax-Exempt Bond ETF 0.60% 63,790 $3.1M Reduce -0.6%
IEFA iShares Core MSCI Eafe ETF 0.55% 34,167 $2.9M Reduce -5.6%
PNOV Innovator U.S. Equity Power 0.53% 70,224 $2.8M No change
NOBL Proshares S&P 500 Dividend A 0.53% 27,435 $2.8M No change
IWB iShares Russell 1000 ETF 0.51% 7,852 $2.7M Reduce -0.3%
IWM iShares Russell 2000 ETF 0.51% 12,330 $2.7M Add +34.0%
IJR iShares Core S&P Small-Cap E 0.50% 23,587 $2.6M Add +11.3%
ICF iShares Select U.S. REIT ETF 0.49% 41,622 $2.5M Add +10.7%
SCHK Schwab 1000 Index ETF 0.48% 84,123 $2.5M Add +13.6%
VTWO Vanguard Russell 2000 ETF 0.47% 28,201 $2.5M Reduce -16.0%
SPYV SS SPDR P S&P 500 Value ETF 0.43% 42,478 $2.2M Add +1.7%
SCMB Schwab Municipal Bond ETF 0.41% 85,203 $2.1M Add +5.0%
VB Vanguard Most SM-Cap ETF-Usd 0.41% 8,921 $2.1M Add +8.5%
BKLC BNY Mellon US LRG Cap Cor 0.33% 14,300 $1.7M No change
RLY SS Multi-Asset Real Ret ETF 0.30% 53,649 $1.6M Add +0.6%
HDV iShares Core High Dividend E 0.28% 12,201 $1.4M Reduce -7.7%
AAPL Apple Inc. 0.27% 6,724 $1.4M Add +3.8%
VTI VG Morningstar TS MKT ETF-US 0.25% 4,289 $1.3M Add +7.1%
PFF iShares Preferred & Income S 0.23% 39,614 $1.2M Reduce -2.3%
IVLU iShares MSCI International V 0.22% 35,433 $1.2M No change
SCHV Schwab US Large-Cap Value 0.22% 40,960 $1.1M Add +0.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.21% 3,759 $1.1M Add +3.5%
BRK.B Berkshire Hathaway Inc. Class B 0.21% 2,213 $1.1M Add +4.7%
GOVT iShares US Treasury Bond ETF 0.20% 45,089 $1.0M Add +0.9%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.19% 21,840 $1.0M Add +9.5%
PAAA Pgim Aaa Clo ETF 0.19% 18,906 $973K Add +1.4%
BIL SS SPDR BB 1-3M T-Bill ETF 0.17% 9,719 $892K Add +6.3%
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.17% 31,781 $862K Add +22.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.16% 1,890 $829K Reduce -46.7%
VTIP Vanguard Short-Term Tips 0.15% 15,589 $784K Reduce -8.2%
VEA Vanguard Ftse Developed ETF 0.15% 13,332 $760K Reduce -5.6%
PFIS Peoples Financial Services 0.14% 15,153 $748K No change
IEMG iShares Core MSCI Emerging 0.13% 11,625 $698K Add +1.2%
PPL PPL Corp. 0.13% 20,484 $694K No change
NVDA Nvidia Corp. 0.13% 4,382 $692K Reduce -6.9%
VT Vanguard Tot World STK ETF 0.13% 5,187 $667K Add +0.4%
VLUE iShares MSCI USA Value Facto 0.13% 5,863 $664K Add +21.7%
MSFT Microsoft Corp. 0.13% 1,330 $662K Add +6.0%
YUM Yum! Brands Inc. 0.13% 4,450 $659K No change
BND Vanguard Total Bond Market 0.13% 8,915 $656K Add +19.6%
INFL Horizon Kinetics Infl Benef 0.12% 15,031 $634K No change
SCHB Schwab US Broad Market ETF 0.12% 26,005 $620K Add +0.3%
DGRO iShares Core Dividend Growth 0.11% 9,237 $591K No change
IWN iShares Russell 2000 Value E 0.11% 3,703 $584K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.11% 3,158 $558K Reduce -66.2%
EFV iShares MSCI Eafe Value ETF 0.11% 8,629 $548K Reduce -10.5%
BKCI BNY Mellon Concentrated Intl 0.10% 10,571 $543K No change
NSC Norfolk Southern Corp. 0.10% 2,048 $524K Reduce -9.3%
XOM Exxon Mobil Corp. 0.10% 4,855 $523K Add +150.7%
WOOD iShares Global Timber & Fore 0.10% 6,915 $507K No change
ABBV Abbvie Inc. 0.09% 2,629 $488K No change
JNJ Johnson & Johnson 0.09% 3,188 $487K Reduce -4.2%
ESGU iShares ESG Aware MSCI USA 0.09% 3,532 $478K Add +0.3%
BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS 0.09% 22,712 $472K Reduce -21.2%
IDV iShares International Select 0.08% 12,640 $436K No change
GLD SPDR Gold Shares 0.08% 1,390 $424K No change
ABT Abbott Laboratories 0.08% 3,036 $413K No change
VIOO Vanguard S&P Small-Cap 600 E 0.08% 4,077 $413K New
IWD iShares Russell 1000 Value E 0.08% 2,110 $410K Add +0.3%
MCD McDonald's Corp. 0.08% 1,389 $406K No change
SPEM State Street SP PTF Em ETF 0.08% 9,199 $393K Reduce -79.2%
TFC Truist Financial Corp. 0.07% 8,369 $360K Add +1.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.06% 1,146 $321K Reduce -33.0%
KMB Kimberly-Clark Corp. 0.06% 2,376 $306K No change
PG The Procter & Gamble Co. 0.06% 1,862 $297K No change
PULS Pgim Ultra Short Bond ETF 0.06% 5,744 $286K No change
SCHP Schwab U.S. Tips ETF 0.05% 10,075 $269K Reduce -1.9%
VXUS Vanguard Total Intl Stock 0.05% 3,851 $266K No change
VWO Vanguard Ftse Emerging Marke 0.05% 5,170 $256K Reduce -32.0%
ROST Ross Stores Inc. 0.05% 2,000 $255K No change
CVX Chevron Corp. 0.04% 1,602 $229K Reduce -54.8%
MTB M & T Bank Corp. filed as M & T BK CORP 0.04% 1,169 $227K No change
DWX State Street SPDR S&P Intern 0.04% 4,966 $209K New
IXUS iShares Core Intl Stock ETF 0.04% 2,698 $209K New
OEF iShares S&P 100 ETF 0.04% 673 $205K New
LIN Linde PLC 0.04% 435 $204K No change
VNLA Janus Henderson Short Durati 0.04% 4,099 $202K New
ALL Allstate Corp. 0.04% 1,000 $201K No change
MPB Mid Penn Bancorp Inc. 0.04% 7,137 $201K New
PAA Plains All Amer Pipeline LP 0.04% 10,000 $183K No change

Portfolio Sells Q1 2025 → Q2 2025
MMIN Nylim Mackay Muni Insured Et Reduce -9.4% 3.28% −0.63
LQD Ishr Ibx Usd Invgd CB ETF-Ui Sold out 0.00% −0.43
SPDW Ste STR SPDR PT DW Eu ETF Reduce -32.4% 1.03% −0.43
AGG iShares Core U.S. Aggregate Reduce -28.1% 0.69% −0.33
SPEM State Street SP PTF Em ETF Reduce -79.2% 0.08% −0.28
VTV Vanguard Mrngstr Val ETF-Aui Reduce -66.2% 0.11% −0.22
XLRE SS Real Estate Select Sector Sold out 0.00% −0.22
SPSB SS SPDR P St C Corp. ETF Sold out 0.00% −0.22
MMIT Nylim Mackay Muni Intermedia Reduce -2.2% 2.13% −0.20
FNB FNB Corp. Sold out 0.00% −0.16
MBB iShares MBS ETF Sold out 0.00% −0.14
T AT&T Inc. Sold out 0.00% −0.14
LGLV SPDR US LC Low Vol Idx Sold out 0.00% −0.14
GBIL Goldman Sachs Access Treasur Reduce -9.9% 0.61% −0.11
VUG Vanguard Mrngstar GR ETF-Sui Reduce -46.7% 0.16% −0.11
VONG Vanguard Russell 1000 Growth Sold out 0.00% −0.11
VZ Verizon Communications Inc. Sold out 0.00% −0.09
VTWO Vanguard Russell 2000 ETF Reduce -16.0% 0.47% −0.08
VBR Vngrd Mrngst SL-CP Val ETF-U Sold out 0.00% −0.08
VCSH Vanguard S/T Corp. Bond ETF Sold out 0.00% −0.08
CVX Chevron Corp. Reduce -54.8% 0.04% −0.08
BSV Vanguard Short-Term Bond ETF Sold out 0.00% −0.06
CMCSA Comcast Corp. Class A Sold out 0.00% −0.06
SMLV SS SPDR US SC Low Vol Idx Sold out 0.00% −0.06
HDV iShares Core High Dividend E Reduce -7.7% 0.28% −0.05
VTEB Vanguard Tax-Exempt Bond ETF Reduce -0.6% 0.60% −0.05
DJP Ipath Bloomberg Commodity Inc. Sold out 0.00% −0.05
D Dominion Energy Inc. Sold out 0.00% −0.05
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Sold out 0.00% −0.04
BCI Abrdn Bloomberg All Commodit Reduce -21.2% 0.09% −0.04
IJH iShares Core S&P Midcap ETF Reduce -5.3% 0.62% −0.04
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -33.0% 0.06% −0.03
QUAL iShares MSCI USA Quality Fac Reduce -3.4% 0.97% −0.03
VTIP Vanguard Short-Term Tips Reduce -8.2% 0.15% −0.02
VWO Vanguard Ftse Emerging Marke Reduce -32.0% 0.05% −0.02
PFF iShares Preferred & Income S Reduce -2.3% 0.23% −0.02
JNJ Johnson & Johnson Reduce -4.2% 0.09% −0.02
IEFA iShares Core MSCI Eafe ETF Reduce -5.6% 0.55% −0.01
EFV iShares MSCI Eafe Value ETF Reduce -10.5% 0.11% −0.01
NSC Norfolk Southern Corp. Reduce -9.3% 0.10% −0.01
SCHP Schwab U.S. Tips ETF Reduce -1.9% 0.05% −0.00
VEA Vanguard Ftse Developed ETF Reduce -5.6% 0.15% −0.00
IWB iShares Russell 1000 ETF Reduce -0.3% 0.51% +0.02
NVDA Nvidia Corp. Reduce -6.9% 0.13% +0.03

Portfolio Buys Q1 2025 → Q2 2025
SCHX Schwab US Large-Cap ETF Add +8.6% 13.44% +1.54
VEU Vanguard Ftse All-World Ex-U Add +8.6% 7.15% +0.83
SPAB SS SPDR P Agg Bond ETF Add +13.3% 7.24% +0.46
SPYM Ste STR SPDR PT S&P 500 ETF Add +2.0% 4.31% +0.24
VGT Vanguard Info Tech ETF Add +0.0% 1.77% +0.23
HTRB Hartford TTL RTRN BND ETF Add +10.3% 6.37% +0.23
IVV iShares Core S&P 500 ETF Add +0.1% 5.88% +0.22
IWF iShares Russell 1000 Growth Add +6.8% 1.27% +0.19
SPSM SS SPDR P S&P 600 Small Cap Add +9.0% 2.55% +0.17
IWM iShares Russell 2000 ETF Add +34.0% 0.51% +0.14
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +0.3% 2.16% +0.10
PREF Pri Spe Pre Sec Acti-Usd Inc. Add +9.2% 1.92% +0.09
SCHF Schwab Intl Equity ETF Add +1.9% 1.27% +0.08
VIOO Vanguard S&P Small-Cap 600 E New 0.08% +0.08
SCHK Schwab 1000 Index ETF Add +13.6% 0.48% +0.07
SPY SS SPDR S&P 500 ETF Trust-US Add +1.6% 1.43% +0.07
CGMU Cap Group Municipal Income Add +18.1% 0.71% +0.07
GSEW Goldman Sachs Eql WGHT Large Add +2.5% 2.02% +0.06
XOM Exxon Mobil Corp. Add +150.7% 0.10% +0.05
SGOV iShares 0-3 Month Treasury B Add +6699.9% 3.16% +0.05
IJR iShares Core S&P Small-Cap E Add +11.3% 0.50% +0.04
DWX State Street SPDR S&P Intern New 0.04% +0.04
IXUS iShares Core Intl Stock ETF New 0.04% +0.04
OEF iShares S&P 100 ETF New 0.04% +0.04
VNLA Janus Henderson Short Durati New 0.04% +0.04
MPB Mid Penn Bancorp Inc. New 0.04% +0.04
CGXU Cap Group Intl Focus Add +22.5% 0.17% +0.04
VB Vanguard Most SM-Cap ETF-Usd Add +8.5% 0.41% +0.03
MSFT Microsoft Corp. Add +6.0% 0.13% +0.03
IBM Intl Business Machines Corp. Add +3.5% 0.21% +0.03
VTI VG Morningstar TS MKT ETF-US Add +7.1% 0.25% +0.03
VLUE iShares MSCI USA Value Facto Add +21.7% 0.13% +0.02
ICF iShares Select U.S. REIT ETF Add +10.7% 0.49% +0.02
BND Vanguard Total Bond Market Add +19.6% 0.13% +0.01
SCHA Schwab US Small-Cap ETF Add +0.3% 0.69% +0.01
IEMG iShares Core MSCI Emerging Add +1.2% 0.13% +0.01
IUSB Ishr CR Unvrse Usd BD ETF-Ui Add +9.5% 0.19% +0.01
VT Vanguard Tot World STK ETF Add +0.4% 0.13% +0.01
SCHB Schwab US Broad Market ETF Add +0.3% 0.12% +0.01
ESGU iShares ESG Aware MSCI USA Add +0.3% 0.09% +0.00
BIL SS SPDR BB 1-3M T-Bill ETF Add +6.3% 0.17% −0.00
TFC Truist Financial Corp. Add +1.1% 0.07% −0.00
IWD iShares Russell 1000 Value E Add +0.3% 0.08% −0.00
SCHV Schwab US Large-Cap Value Add +0.5% 0.22% −0.00
SCMB Schwab Municipal Bond ETF Add +5.0% 0.41% −0.01
PAAA Pgim Aaa Clo ETF Add +1.4% 0.19% −0.01
SPYV SS SPDR P S&P 500 Value ETF Add +1.7% 0.43% −0.01
GOVT iShares US Treasury Bond ETF Add +0.9% 0.20% −0.01
RLY SS Multi-Asset Real Ret ETF Add +0.6% 0.30% −0.01
BRK.B Berkshire Hathaway Inc. Class B Add +4.7% 0.21% −0.02

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