Graves Light Lenhart Wealth, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 9, 2025), Graves Light Lenhart Wealth, Inc. reported 192 stock positions worth $840.4 million. Its top holding was iShares Core U.S. Aggregate (AGG) at 11.9% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 8.6%) and Berkshire Hathaway Class B (BRK.B, 4.3%). Compared with Q1 2025, it opened 10 new positions, sold out of 5, added to 47 and reduced 67. The biggest buy was iShares Core MSCI Eafe ETF (IEFA, shares +3%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- HARRISONBURG, VA
- CIK
- 0001759803
- Portfolio Value
- $840.4M (Q2 2025)
- SEC Filing
- 0001085146-25-003685 ↗ filed Jul 9, 2025
Holdings Value
Holdings 192 stocks · $840.4M
| AGG iShares Core U.S. Aggregate | 11.93% | 1,010,986 | $100.3M | Add +1.3% |
| IEFA iShares Core MSCI Eafe ETF | 8.61% | 867,010 | $72.4M | Add +2.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.30% | 74,402 | $36.1M | Reduce -6.4% |
| IJR iShares Core S&P Small-Cap E | 3.75% | 288,199 | $31.5M | Add +1.7% |
| IJH iShares Core S&P Midcap ETF | 3.63% | 491,387 | $30.5M | Add +0.3% |
| DFCF Dimensional Core Fixed Inc. | 3.43% | 682,530 | $28.8M | Add +4.7% |
| SDY SS SPDR S&P Dividend ETF | 3.07% | 189,852 | $25.8M | Reduce -0.8% |
| VYM Vanguard High DVD Yield ETF | 2.90% | 183,041 | $24.4M | Reduce -2.9% |
| VIG Vanguard Dividend Apprec ETF | 2.85% | 117,041 | $24.0M | Reduce -1.5% |
| AAPL Apple Inc. | 2.68% | 109,948 | $22.6M | Reduce -6.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.66% | 281,332 | $22.4M | Add +2.3% |
| BSV Vanguard Short-Term Bond ETF | 2.50% | 267,000 | $21.0M | Add +2.8% |
| XLV SS Health Care Select Sector | 2.26% | 140,965 | $19.0M | Reduce -1.9% |
| SCHD Schwab US DVD Equity ETF | 1.97% | 625,015 | $16.6M | Add +2.4% |
| SPHQ Invesco S&P 500 Quality ETF | 1.95% | 229,618 | $16.4M | Reduce -3.2% |
| GOOGL Alphabet Inc. Class A | 1.62% | 77,131 | $13.6M | Reduce -3.0% |
| VOOG Vanguard S&P 500 Growth ETF | 1.55% | 32,790 | $13.0M | Add +3.5% |
| VOOV Vanguard S&P 500 Value ETF | 1.40% | 62,337 | $11.8M | Add +2.7% |
| DFNM Dimensional National Muni BD | 1.39% | 246,063 | $11.7M | Reduce -2.0% |
| DFUV Dimensional US Marketwide Va | 1.37% | 272,236 | $11.5M | Add +6.2% |
| IWB iShares Russell 1000 ETF | 1.37% | 33,857 | $11.5M | Reduce -0.6% |
| JPM JPMorgan Chase & Co. | 1.33% | 38,583 | $11.2M | Reduce -5.4% |
| AMZN Amazon.com Inc. | 1.32% | 50,710 | $11.1M | Reduce -0.1% |
| DFEV Dimensional Emrg MRKT Val | 1.15% | 323,304 | $9.7M | Add +2.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.11% | 101,650 | $9.3M | Reduce -16.3% |
| BND Vanguard Total Bond Market | 1.08% | 123,674 | $9.1M | Add +3.6% |
| VTI VG Morningstar TS MKT ETF-US | 1.00% | 27,546 | $8.4M | Reduce -2.9% |
| VTIP Vanguard Short-Term Tips | 0.90% | 149,685 | $7.5M | Add +0.7% |
| SYY Sysco Corp. | 0.87% | 96,463 | $7.3M | No change |
| IVV iShares Core S&P 500 ETF | 0.82% | 11,044 | $6.9M | Reduce -0.2% |
| IGM iShares Expanded Tech Sector | 0.75% | 55,973 | $6.3M | Reduce -1.2% |
| VEA Vanguard Ftse Developed ETF | 0.72% | 106,153 | $6.1M | No change |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | 0.71% | 62,535 | $5.9M | Reduce -1.6% |
| MSFT Microsoft Corp. | 0.70% | 11,828 | $5.9M | Reduce -0.2% |
| DLN Wisdomtree US Largecap Divid | 0.67% | 68,877 | $5.7M | Reduce -0.5% |
| CVX Chevron Corp. | 0.67% | 39,322 | $5.6M | Reduce -4.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.66% | 113,157 | $5.5M | Add +7.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.61% | 7 | $5.1M | No change |
| IVW iShares S&P 500 Growth ETF | 0.59% | 44,689 | $4.9M | Reduce -3.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.55% | 68,457 | $4.6M | Reduce -2.0% |
| GOOG Alphabet Inc. Class C | 0.54% | 25,644 | $4.5M | Reduce -8.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.50% | 33,866 | $4.2M | Reduce -1.2% |
| DFSD Dimensional Short Duration | 0.49% | 85,709 | $4.1M | Reduce -0.3% |
| IJS iShares S&P Small-Cap 600 Va | 0.48% | 40,636 | $4.0M | Add +0.1% |
| DD Dupont DE Nemours Inc. | 0.48% | 58,459 | $4.0M | Reduce -1.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.46% | 6,294 | $3.9M | Reduce -0.1% |
| DVY iShares Select Dividend ETF | 0.45% | 28,740 | $3.8M | Reduce -5.4% |
| XOM Exxon Mobil Corp. | 0.43% | 33,696 | $3.6M | Add +8.5% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.38% | 63,050 | $3.2M | Add +2.3% |
| EFA iShares MSCI Eafe ETF | 0.38% | 35,676 | $3.2M | Reduce -1.2% |
| COST Costco Wholesale Corp. | 0.35% | 2,952 | $2.9M | Add +0.1% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.35% | 47,886 | $2.9M | Add +0.0% |
| PG The Procter & Gamble Co. | 0.31% | 16,434 | $2.6M | Reduce -3.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.30% | 10,675 | $2.5M | No change |
| PKG Packaging Corp. of America | 0.29% | 12,978 | $2.4M | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.29% | 8,564 | $2.4M | No change |
| IVE iShares S&P 500 Value ETF | 0.28% | 12,044 | $2.4M | No change |
| TFC Truist Financial Corp. | 0.26% | 51,522 | $2.2M | Reduce -1.0% |
| DFAX Dimensional World Ex US Core | 0.26% | 74,206 | $2.2M | Add +525.3% |
| DUK Duke Energy Corp. | 0.26% | 18,384 | $2.2M | Add +2.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.24% | 4,691 | $2.1M | Reduce -0.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.24% | 4,651 | $2.0M | Reduce -11.5% |
| D Dominion Energy Inc. | 0.23% | 34,825 | $2.0M | Add +2.8% |
| LLY Eli Lilly & Co. | 0.23% | 2,507 | $2.0M | Reduce -10.6% |
| MUB iShares National Muni Bond E | 0.21% | 16,654 | $1.7M | Add +71.2% |
| WFC Wells Fargo & Co. | 0.20% | 21,078 | $1.7M | Add +0.0% |
| ORCL Oracle Corp. | 0.18% | 7,074 | $1.5M | Reduce -0.3% |
| DFAS Dimensional US Small Cap ETF | 0.18% | 24,235 | $1.5M | Add +19.0% |
| VT Vanguard Tot World STK ETF | 0.17% | 11,363 | $1.5M | Add +0.2% |
| IWN iShares Russell 2000 Value E | 0.17% | 9,038 | $1.4M | Reduce -13.7% |
| SCHZ Schwab US Aggregate Bond ETF | 0.16% | 56,835 | $1.3M | Add +0.1% |
| MRK Merck & Co. Inc. | 0.16% | 16,618 | $1.3M | Add +9.8% |
| JNJ Johnson & Johnson | 0.15% | 8,223 | $1.3M | Add +0.1% |
| IWV iShares Russell 3000 ETF | 0.15% | 3,500 | $1.2M | Reduce -12.5% |
| EMR Emerson Electric Co. | 0.14% | 8,935 | $1.2M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.14% | 24,991 | $1.2M | Add +0.0% |
| FXNC First National Corp. | 0.14% | 60,637 | $1.2M | No change |
| IYW iShares Ustechnology ETF | 0.14% | 6,748 | $1.2M | Reduce -24.1% |
| ELV Elevance Health Inc. | 0.13% | 2,818 | $1.1M | Reduce -2.0% |
| USMV iShares MSCI USA Min Vol Fac | 0.12% | 10,812 | $1.0M | Reduce -0.1% |
| VZ Verizon Communications Inc. | 0.12% | 22,979 | $994K | Reduce -0.7% |
| VOO Vanguard S&P 500 ETF | 0.12% | 1,736 | $986K | Add +2.3% |
| DFAI Dimensional International Co. | 0.12% | 28,433 | $983K | Add +3.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.12% | 3,305 | $974K | Add +0.0% |
| PEP Pepsico Inc. | 0.11% | 7,210 | $952K | Reduce -4.1% |
| AVGO Broadcom Inc. | 0.11% | 3,266 | $900K | No change |
| AXP American Express Co. | 0.10% | 2,751 | $878K | No change |
| EOG EOG Resources Inc. | 0.10% | 7,220 | $864K | Reduce -3.2% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.10% | 4,278 | $834K | Add +4.5% |
| MCD McDonald's Corp. | 0.10% | 2,763 | $807K | Reduce -0.6% |
| NVDA Nvidia Corp. | 0.09% | 5,023 | $794K | Reduce -0.5% |
| SO The Southern Co. | 0.09% | 8,436 | $775K | Reduce -10.4% |
| HD Home Depot Inc. | 0.09% | 2,059 | $755K | Reduce -4.8% |
| GE General Electric filed as GE AEROSPACE | 0.09% | 2,908 | $748K | No change |
| VGT Vanguard Info Tech ETF | 0.09% | 1,087 | $721K | No change |
| AEP American Electric Power | 0.08% | 6,771 | $703K | No change |
| SH Proshares Short S&P500 | 0.08% | 17,282 | $686K | Add +0.7% |
| KO The Coca-Cola Co. | 0.08% | 9,649 | $683K | Add +0.0% |
| MCK McKesson Corp. | 0.08% | 931 | $682K | No change |
| CSX CSX Corp. | 0.08% | 20,565 | $671K | Add +0.1% |
Portfolio Sells Q1 2025 → Q2 2025
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -6.4% | 4.30% | −0.89 |
| AAPL Apple Inc. | Reduce -6.1% | 2.68% | −0.51 |
| XLV SS Health Care Select Sector | Reduce -1.9% | 2.26% | −0.31 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -16.3% | 1.11% | −0.26 |
| CVX Chevron Corp. | Reduce -4.8% | 0.67% | −0.18 |
| SDY SS SPDR S&P Dividend ETF | Reduce -0.8% | 3.07% | −0.12 |
| VYM Vanguard High DVD Yield ETF | Reduce -2.9% | 2.90% | −0.08 |
| DFNM Dimensional National Muni BD | Reduce -2.0% | 1.39% | −0.08 |
| DD Dupont DE Nemours Inc. | Reduce -1.9% | 0.48% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -10.6% | 0.23% | −0.05 |
| DVY iShares Select Dividend ETF | Reduce -5.4% | 0.45% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -3.3% | 0.31% | −0.04 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.03 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.03 |
| USB US Bancorp | Sold out | 0.00% | −0.03 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -11.5% | 0.24% | −0.03 |
| IMO Imperial Oil Ltd. | Sold out | 0.00% | −0.03 |
| PEP Pepsico Inc. | Reduce -4.1% | 0.11% | −0.03 |
| IWN iShares Russell 2000 Value E | Reduce -13.7% | 0.17% | −0.02 |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | Reduce -1.6% | 0.71% | −0.02 |
| ELV Elevance Health Inc. | Reduce -2.0% | 0.13% | −0.02 |
| PNC PNC Financial Services Group | Reduce -21.5% | 0.08% | −0.02 |
| SLB SLB Ltd. | Reduce -5.9% | 0.05% | −0.02 |
| MSI Motorola Solutions Inc. | Reduce -26.9% | 0.03% | −0.02 |
| EOG EOG Resources Inc. | Reduce -3.2% | 0.10% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -11.9% | 0.03% | −0.01 |
| IYW iShares Ustechnology ETF | Reduce -24.1% | 0.14% | −0.01 |
| SO The Southern Co. | Reduce -10.4% | 0.09% | −0.01 |
| DFSD Dimensional Short Duration | Reduce -0.3% | 0.49% | −0.01 |
| APD Air Products & Chemicals Inc. | Reduce -12.2% | 0.05% | −0.01 |
| MCD McDonald's Corp. | Reduce -0.6% | 0.10% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -0.7% | 0.12% | −0.01 |
| IWV iShares Russell 3000 ETF | Reduce -12.5% | 0.15% | −0.01 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -7.7% | 0.06% | −0.01 |
| EHI Western Asset Global High Inc. | Sold out | 0.00% | −0.01 |
| VDE Vanguard Energy ETF | Reduce -3.4% | 0.05% | −0.01 |
| LOW Lowe's Cos Inc. | Reduce -12.5% | 0.03% | −0.01 |
| HD Home Depot Inc. | Reduce -4.8% | 0.09% | −0.01 |
| T AT&T Inc. | Reduce -4.9% | 0.07% | −0.00 |
| IBB iShares Biotechnology ETF | Reduce -2.3% | 0.06% | −0.00 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.1% | 0.12% | −0.00 |
| PFE Pfizer Inc. | Reduce -2.7% | 0.03% | −0.00 |
| UNP Union Pacific Corp. | Reduce -2.3% | 0.04% | −0.00 |
| KBE SS SPDR S&P Bank ETF | Reduce -6.2% | 0.07% | −0.00 |
| ESGU iShares ESG Aware MSCI USA | Reduce -12.1% | 0.04% | −0.00 |
| DLN Wisdomtree US Largecap Divid | Reduce -0.5% | 0.67% | −0.00 |
| SCHW Schwab (charles) Corp. | Reduce -13.6% | 0.03% | −0.00 |
| TFC Truist Financial Corp. | Reduce -1.0% | 0.26% | +0.00 |
| XLK SS Technology Select Sector | Reduce -13.8% | 0.04% | +0.00 |
| PHO Invesco Water Resources ETF | Reduce -2.9% | 0.05% | +0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| IEFA iShares Core MSCI Eafe ETF | Add +2.8% | 8.61% | +0.78 |
| VOOG Vanguard S&P 500 Growth ETF | Add +3.5% | 1.55% | +0.25 |
| DFAX Dimensional World Ex US Core | Add +525.3% | 0.26% | +0.22 |
| IJH iShares Core S&P Midcap ETF | Add +0.3% | 3.63% | +0.12 |
| IJR iShares Core S&P Small-Cap E | Add +1.7% | 3.75% | +0.11 |
| DFEV Dimensional Emrg MRKT Val | Add +2.9% | 1.15% | +0.11 |
| MUB iShares National Muni Bond E | Add +71.2% | 0.21% | +0.08 |
| DFUV Dimensional US Marketwide Va | Add +6.2% | 1.37% | +0.07 |
| DFCF Dimensional Core Fixed Inc. | Add +4.7% | 3.43% | +0.07 |
| META Meta Platforms Inc. Class A | New | 0.05% | +0.05 |
| LNG Cheniere Energy Inc. | New | 0.05% | +0.05 |
| DFAS Dimensional US Small Cap ETF | Add +19.0% | 0.18% | +0.03 |
| NTRS Northern Trust Corp. | New | 0.03% | +0.03 |
| GLW Corning Inc. | New | 0.03% | +0.03 |
| VOOV Vanguard S&P 500 Value ETF | Add +2.7% | 1.40% | +0.03 |
| WMT Walmart Inc. | New | 0.03% | +0.03 |
| XLC SS Comm Select Sector SPDR | New | 0.03% | +0.03 |
| AMAT Applied Materials Inc. | New | 0.03% | +0.03 |
| EFAV iShares MSCI Eafe Min Vol Fa | New | 0.03% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.03% | +0.03 |
| LRGF iShares US Equity Factor ETF | New | 0.02% | +0.02 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +0.0% | 0.35% | +0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +7.5% | 0.66% | +0.02 |
| WFC Wells Fargo & Co. | Add +0.0% | 0.20% | +0.02 |
| IBM Intl Business Machines Corp. | Add +0.0% | 0.12% | +0.02 |
| BAC Bank of America Corp. | Add +0.0% | 0.14% | +0.01 |
| VT Vanguard Tot World STK ETF | Add +0.2% | 0.17% | +0.01 |
| DFAI Dimensional International Co. | Add +3.4% | 0.12% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +2.3% | 0.12% | +0.01 |
| BND Vanguard Total Bond Market | Add +3.6% | 1.08% | +0.01 |
| CAT Caterpillar Inc. | Add +0.1% | 0.06% | +0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +4.5% | 0.10% | +0.01 |
| CSX CSX Corp. | Add +0.1% | 0.08% | +0.01 |
| COST Costco Wholesale Corp. | Add +0.1% | 0.35% | +0.01 |
| MET Metlife Inc. | Add +15.2% | 0.05% | +0.00 |
| BSV Vanguard Short-Term Bond ETF | Add +2.8% | 2.50% | +0.00 |
| DFAU Dimensional US Core Equity M | Add +1.2% | 0.03% | +0.00 |
| DFAC Dimensional US Core Equity 2 | Add +0.3% | 0.03% | +0.00 |
| DE Deere & Co. | Add +0.2% | 0.03% | +0.00 |
| DFSV Dimensional US Small Cap Val | Add +0.3% | 0.07% | +0.00 |
| D Dominion Energy Inc. | Add +2.8% | 0.23% | +0.00 |
| VFH Vanguard Financials ETF | Add +0.1% | 0.03% | +0.00 |
| VPU Vanguard Utilities ETF | Add +0.2% | 0.04% | +0.00 |
| JMST JPM Ultra-Short Muni Income | Add +2.3% | 0.38% | −0.00 |
| ALL Allstate Corp. | Add +0.0% | 0.06% | −0.00 |
| KO The Coca-Cola Co. | Add +0.0% | 0.08% | −0.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +2.3% | 2.66% | −0.00 |
| SCHZ Schwab US Aggregate Bond ETF | Add +0.1% | 0.16% | −0.00 |
| IJS iShares S&P Small-Cap 600 Va | Add +0.1% | 0.48% | −0.00 |
| MRK Merck & Co. Inc. | Add +9.8% | 0.16% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 203 | $1.1B | AGG, IEFA, DFCF, IJR, IJH |
| Q1 2026 | 197 | $961.1M | AGG, IEFA, DFCF, IJR, BRK.B |
| Q4 2025 | 191 | $942.9M | AGG, IEFA, DFCF, BRK.B, IJR |
| Q3 2025 | 193 | $901.1M | AGG, IEFA, DFCF, BRK.B, IJR |
| Q2 2025 | 192 | $840.4M | AGG, IEFA, BRK.B, IJR, IJH |
| Q1 2025 | 187 | $814.7M | AGG, IEFA, BRK.B, IJR, IJH |
| Q4 2024 | 185 | $804.4M | AGG, IEFA, BRK.B, IJR, AAPL |
| Q3 2024 | 190 | $813.1M | AGG, IEFA, BRK.B, IJR, IJH |
| Q2 2024 | 182 | $874.3M | AGG, IEFA, BRK.B, AAPL, IJR |
| Q1 2024 | 185 | $863.1M | AGG, IEFA, BRK.B, IJR, IJH |