Finward Bancorp

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 16, 2026), Finward Bancorp reported 107 stock positions worth $131.9 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 6.6% of the portfolio, followed by NT Crdscr US Corp. BD ETF (SKOR, 6.4%) and SS SPDR BB Conv Sec ETF (CWB, 5.7%). Compared with Q1 2026, it opened 8 new positions, sold out of 5, added to 18 and reduced 30. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +4%) and the biggest sale an exit from Direxion Daily S&P 500 Bull (SPXL).

Most Recent 13F
Q2 2026
Location
Munster, IN
CIK
0000919864
Portfolio Value
$131.9M (Q2 2026)
SEC Filing
0001628280-26-048414 ↗ filed Jul 16, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q4 2024: $115.3M Q4 2024 Q1 2025: $115.4M Q1 2025 Q2 2025: $126.6M Q2 2025 Q3 2025: $131.6M Q3 2025 Q4 2025: $128.8M Q4 2025 Q1 2026: $125.1M Q1 2026 Q2 2026: $131.9M $131.9M Q2 2026

Holdings 107 stocks · $131.9M
VOO Vanguard S&P 500 ETF 6.55% 12,575 $8.6M Reduce -1.1%
SKOR NT Crdscr US Corp. BD ETF 6.44% 174,995 $8.5M Add +5.7%
CWB SS SPDR BB Conv Sec ETF 5.74% 70,187 $7.6M Add +0.1%
MSFT Microsoft Corp. 4.76% 16,834 $6.3M Reduce -0.6%
VUG Vanguard Mrngstar GR ETF-Sui 4.62% 70,778 $6.1M Add +0.9%
QQQ Invesco QQQ Trust Series 1 4.37% 7,818 $5.8M Add +3.7%
AAPL Apple Inc. 3.91% 17,826 $5.2M Reduce -0.7%
FNWD Finward Bancorp 3.66% 131,360 $4.8M Reduce -0.1%
VIG Vanguard Dividend Apprec ETF 2.59% 14,416 $3.4M Add +2.0%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 2.12% 31,846 $2.8M Reduce -0.3%
VGT Vanguard Info Tech ETF 2.07% 22,796 $2.7M Reduce -0.4%
JNJ Johnson & Johnson 2.02% 10,503 $2.7M Reduce -0.5%
SPGP Invesco S&P 500 Garp ETF 1.84% 19,789 $2.4M Reduce -29.3%
IJH iShares Core S&P Midcap ETF 1.81% 31,036 $2.4M Add +8.9%
XLK SS Technology Select Sector 1.72% 11,899 $2.3M Add +1.3%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 1.68% 13,555 $2.2M Add +1.1%
JPM JPMorgan Chase & Co. 1.63% 6,563 $2.1M Reduce -0.5%
FVD First Trust Value Line DVD 1.63% 44,553 $2.1M Reduce -0.3%
VIGI Vanguard Int Div App Indx FD 1.34% 18,864 $1.8M Add +4.1%
ABBV Abbvie Inc. 1.23% 6,446 $1.6M No change
VTV Vanguard Mrngstr Val ETF-Aui 1.21% 7,291 $1.6M Add +48.3%
IJR iShares Core S&P Small-Cap E 1.20% 10,642 $1.6M Add +3.3%
VYM Vanguard High DVD Yield ETF 1.19% 9,958 $1.6M Add +3.6%
NOBL Proshares S&P 500 Dividend A 1.06% 24,872 $1.4M Reduce -21.9%
NI Nisource Inc. 1.01% 28,133 $1.3M Reduce -0.1%
WPM Wheaton Precious Metals Corp. 0.97% 11,400 $1.3M No change
AMZN Amazon.com Inc. 0.94% 5,213 $1.2M No change
KO The Coca-Cola Co. 0.91% 14,787 $1.2M No change
WELL Welltower Inc. 0.85% 4,936 $1.1M Reduce -0.7%
PG The Procter & Gamble Co. 0.83% 7,483 $1.1M No change
INTC Intel Corp. 0.83% 7,854 $1.1M Reduce -0.3%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.82% 3,535 $1.1M Add +2.6%
MCD McDonald's Corp. 0.82% 4,003 $1.1M No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.77% 22,411 $1.0M New
ETR Entergy Corp. 0.74% 8,460 $972K No change
DTE DTE Energy Company 0.69% 6,000 $914K No change
V Visa Inc. Class A 0.66% 2,525 $866K Reduce -1.0%
XOM Exxon Mobil Corp. 0.66% 6,327 $865K Reduce -0.9%
GOOGL Alphabet Inc. Class A 0.64% 2,348 $839K No change
XLI SS Industrial Select Sector 0.64% 4,528 $839K Reduce -7.2%
GLD SPDR Gold Shares 0.62% 2,220 $818K No change
FDL First Trust Morn DVD Lead Inc. 0.58% 15,656 $762K No change
DUK Duke Energy Corp. 0.57% 5,894 $746K Reduce -0.8%
IMTM iShares MSCI Intl Momentum F 0.54% 13,407 $715K New
AGG iShares Core U.S. Aggregate 0.53% 7,077 $700K No change
VB Vanguard Most SM-Cap ETF-Usd 0.50% 2,191 $664K Add +9.7%
TRV The Travelers Cos Inc. 0.50% 2,000 $660K No change
EFA iShares MSCI Eafe ETF 0.49% 6,207 $645K Add +1.6%
SO The Southern Co. 0.48% 6,586 $630K No change
HD Home Depot Inc. 0.47% 1,754 $619K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.46% 1,655 $605K No change
BRK.B Berkshire Hathaway Inc. Class B 0.45% 1,188 $594K No change
AEP American Electric Power 0.45% 4,322 $591K Reduce -1.1%
VHT Vanguard Health Care ETF 0.45% 1,974 $590K Add +1.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.45% 788 $588K Reduce -0.9%
META Meta Platforms Inc. Class A 0.44% 1,021 $575K No change
VZ Verizon Communications Inc. 0.41% 12,778 $541K Reduce -0.3%
XLF SS Financial Select Sector 0.41% 10,051 $539K Reduce -7.1%
ENB Enbridge Inc. 0.41% 9,865 $535K No change
LLY Eli Lilly & Co. 0.40% 445 $534K Add +25.4%
BP BP PLC-Spons ADR 0.40% 14,438 $533K No change
NVDA Nvidia Corp. 0.39% 2,558 $512K Reduce -40.6%
ABT Abbott Laboratories 0.38% 5,451 $495K No change
WMT Walmart Inc. 0.35% 4,059 $460K No change
EXC Exelon Corp. 0.34% 9,697 $452K Add +1.3%
PM Philip Morris International 0.34% 2,446 $443K No change
MDT Medtronic PLC 0.33% 5,600 $438K No change
PEP Pepsico Inc. 0.33% 3,169 $429K Reduce -4.8%
MAR Marriott International Class A 0.32% 1,131 $419K No change
ELV Elevance Health Inc. 0.31% 1,071 $414K Reduce -17.8%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.29% 1,962 $388K No change
T AT&T Inc. 0.29% 18,548 $384K Reduce -1.4%
UPS United Parcel Service Class B 0.29% 3,570 $384K No change
QCOM Qualcomm Inc. 0.28% 1,980 $366K No change
VWO Vanguard Ftse Emerging Marke 0.27% 5,910 $353K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.26% 1,406 $342K No change
MO Altria Group Inc. 0.25% 4,607 $331K No change
PAYX Paychex Inc. 0.25% 3,344 $329K No change
KWR Quaker Chemical Corporation 0.25% 2,065 $328K No change
DTM DT Midstream Inc. 0.24% 2,185 $321K No change
VTI VG Morningstar TS MKT ETF-US 0.24% 841 $311K No change
BND Vanguard Total Bond Market 0.23% 4,128 $303K Reduce -43.7%
EMR Emerson Electric Co. 0.22% 2,060 $295K No change
AZN Astrazeneca PLC 0.22% 1,548 $294K No change
CSX CSX Corp. 0.22% 6,072 $289K No change
AMD Advanced Micro Devices 0.22% 490 $285K New
NOC Northrop Grumman Corp. 0.21% 550 $280K Reduce -3.5%
PFE Pfizer Inc. 0.21% 11,412 $275K No change
COST Costco Wholesale Corp. 0.21% 290 $271K No change
LIN Linde PLC 0.20% 517 $268K No change
CVX Chevron Corp. 0.20% 1,609 $267K No change
VRP Invesco Variable Rate Prefer 0.20% 10,945 $266K No change
CMG Chipotle Mexican Grill Inc. 0.19% 7,500 $255K No change
CSCO Cisco Systems Inc. 0.19% 2,159 $254K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.19% 900 $253K No change
GS Goldman Sachs Group Inc. 0.19% 243 $246K No change
VNQ Vanguard Real Estate ETF 0.19% 2,532 $244K Reduce -10.0%
QQQJ Invesco Nasdaq Next Gen 100 0.18% 5,180 $235K New
IWF iShares Russell 1000 Growth 0.18% 1,872 $232K New
DE Deere & Co. 0.18% 364 $231K No change
LMT Lockheed Martin Corp. 0.17% 429 $219K Reduce -5.9%
WEC WEC Energy Group Inc. 0.16% 1,843 $215K No change
BMY Bristol-Myers Squibb Co. 0.16% 3,695 $213K No change
DLTR Dollar Tree Inc. 0.16% 1,730 $209K New
LRCX Lam Research Corp. 0.15% 470 $204K New
TIP iShares Tips Bond ETF 0.15% 1,856 $203K No change
KEEL Keel Infrastructure Corp. 0.06% 13,485 $77K No change

Portfolio Sells Q1 2026 → Q2 2026
SPXL Direxion Daily S&P 500 Bull Sold out 0.00% −2.60
TQQQ Proshares Ultrapro QQQ Sold out 0.00% −2.39
SPGP Invesco S&P 500 Garp ETF Reduce -29.3% 1.84% −0.57
NOBL Proshares S&P 500 Dividend A Reduce -21.9% 1.06% −0.29
MSFT Microsoft Corp. Reduce -0.6% 4.76% −0.25
TAXF American Century Diver Muni Sold out 0.00% −0.22
NVDA Nvidia Corp. Reduce -40.6% 0.39% −0.21
XOM Exxon Mobil Corp. Reduce -0.9% 0.66% −0.21
BNTX Biontech SE-ADR Sold out 0.00% −0.21
SPHD Invesco S&P 500 High Dividen Sold out 0.00% −0.20
BND Vanguard Total Bond Market Reduce -43.7% 0.23% −0.20
FNWD Finward Bancorp Reduce -0.1% 3.66% −0.15
T AT&T Inc. Reduce -1.4% 0.29% −0.14
VZ Verizon Communications Inc. Reduce -0.3% 0.41% −0.10
NOC Northrop Grumman Corp. Reduce -3.5% 0.21% −0.10
PEP Pepsico Inc. Reduce -4.8% 0.33% −0.09
DUK Duke Energy Corp. Reduce -0.8% 0.57% −0.06
LMT Lockheed Martin Corp. Reduce -5.9% 0.17% −0.05
FVD First Trust Value Line DVD Reduce -0.3% 1.63% −0.05
JNJ Johnson & Johnson Reduce -0.5% 2.02% −0.04
NI Nisource Inc. Reduce -0.1% 1.01% −0.04
XLF SS Financial Select Sector Reduce -7.1% 0.41% −0.02
VNQ Vanguard Real Estate ETF Reduce -10.0% 0.19% −0.01
AEP American Electric Power Reduce -1.1% 0.45% −0.01
XLI SS Industrial Select Sector Reduce -7.2% 0.64% +0.01
ELV Elevance Health Inc. Reduce -17.8% 0.31% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.9% 0.45% +0.03
V Visa Inc. Class A Reduce -1.0% 0.66% +0.04
WELL Welltower Inc. Reduce -0.7% 0.85% +0.06
JPM JPMorgan Chase & Co. Reduce -0.5% 1.63% +0.08
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -0.3% 2.12% +0.25
AAPL Apple Inc. Reduce -0.7% 3.91% +0.27
VGT Vanguard Info Tech ETF Reduce -0.4% 2.07% +0.47
VOO Vanguard S&P 500 ETF Reduce -1.1% 6.55% +0.48
INTC Intel Corp. Reduce -0.3% 0.83% +0.55

Portfolio Buys Q1 2026 → Q2 2026
QQQ Invesco QQQ Trust Series 1 Add +3.7% 4.37% +0.89
XLU St Sr Utl SL SE SPDR ETF-Usd New 0.77% +0.77
CWB SS SPDR BB Conv Sec ETF Add +0.1% 5.74% +0.61
VUG Vanguard Mrngstar GR ETF-Sui Add +0.9% 4.62% +0.54
IMTM iShares MSCI Intl Momentum F New 0.54% +0.54
XLK SS Technology Select Sector Add +1.3% 1.72% +0.47
VTV Vanguard Mrngstr Val ETF-Aui Add +48.3% 1.21% +0.43
IJH iShares Core S&P Midcap ETF Add +8.9% 1.81% +0.28
AMD Advanced Micro Devices New 0.22% +0.22
CSCO Cisco Systems Inc. New 0.19% +0.19
QQQJ Invesco Nasdaq Next Gen 100 New 0.18% +0.18
IWF iShares Russell 1000 Growth New 0.18% +0.18
IJR iShares Core S&P Small-Cap E Add +3.3% 1.20% +0.17
DLTR Dollar Tree Inc. New 0.16% +0.16
VIG Vanguard Dividend Apprec ETF Add +2.0% 2.59% +0.16
LRCX Lam Research Corp. New 0.15% +0.15
LLY Eli Lilly & Co. Add +25.4% 0.40% +0.14
MGV Vngrd Mrgstr MG CP VL ETF-Ui Add +1.1% 1.68% +0.13
VOT Vngrd Mrngstr MC GRW ETF-Usd Add +2.6% 0.82% +0.11
VB Vanguard Most SM-Cap ETF-Usd Add +9.7% 0.50% +0.09
VYM Vanguard High DVD Yield ETF Add +3.6% 1.19% +0.06
VIGI Vanguard Int Div App Indx FD Add +4.1% 1.34% +0.06
VHT Vanguard Health Care ETF Add +1.4% 0.45% +0.02
EFA iShares MSCI Eafe ETF Add +1.6% 0.49% +0.01
SKOR NT Crdscr US Corp. BD ETF Add +5.7% 6.44% +0.01
EXC Exelon Corp. Add +1.3% 0.34% −0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 107$131.9MVOO, SKOR, CWB, MSFT, VUG
Q1 2026 104$125.1MSKOR, VOO, CWB, MSFT, VUG
Q4 2025 104$128.8MMSFT, VOO, SKOR, CWB, VUG
Q3 2025 106$131.6MTQQQ, MSFT, VOO, CWB, VUG
Q2 2025 101$126.6MTQQQ, MSFT, VOO, CWB, VUG
Q1 2025 104$115.4MTQQQ, MSFT, CWB, VOO, VUG
Q4 2024 103$115.3MTQQQ, MSFT, CWB, VOO, VUG