Hurlow Wealth Management Group, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 16, 2024), Hurlow Wealth Management Group, Inc. reported 115 stock positions worth $283.3 million. Its top holding was Vngrd Mrgstr LRG-Cap ETF-Usd (VV) at 11.3% of the portfolio, followed by Dimensional US Eq MKT ETF (DFUS, 9.3%) and Vanguard Ftse Developed ETF (VEA, 7.0%). Compared with Q4 2023, it opened 7 new positions, sold out of 3, added to 47 and reduced 32. The biggest buy was Eli Lilly (LLY, shares +0%) and the biggest sale SS SPDR N Ice St Muni ETF (SHM, shares −46%).

Most Recent 13F
Q2 2026
Location
BLOOMINGTON, IN
CIK
0001747749
Portfolio Value
$283.3M (Q1 2024)
SEC Filing
0001085146-24-001810 ↗ filed Apr 16, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $283.3M $283.3M Q1 2024 Q2 2024: $291.3M Q2 2024 Q3 2024: $320.6M Q3 2024 Q4 2024: $320.2M Q4 2024 Q1 2025: $319.9M Q1 2025 Q2 2025: $354.0M Q2 2025 Q3 2025: $386.1M Q3 2025 Q4 2025: $408.5M Q4 2025 Q1 2026: $420.1M Q1 2026 Q2 2026: $480.6M Q2 2026

Holdings 115 stocks · $283.3M
VV Vngrd Mrgstr LRG-Cap ETF-Usd 11.25% 132,949 $31.9M Reduce -0.2%
DFUS Dimensional US Eq MKT ETF 9.32% 463,382 $26.4M Add +0.6%
VEA Vanguard Ftse Developed ETF 7.02% 396,609 $19.9M Add +0.3%
VB Vanguard Most SM-Cap ETF-Usd 6.37% 78,892 $18.0M Reduce -0.4%
DFAS Dimensional US Small Cap ETF 5.23% 237,747 $14.8M Add +3.5%
VUG Vanguard Mrngstar GR ETF-Sui 4.18% 34,381 $11.8M Reduce -0.9%
VNQ Vanguard Real Estate ETF 4.16% 136,183 $11.8M Add +1.4%
MSFT Microsoft Corp. 3.96% 26,648 $11.2M Add +0.0%
VWO Vanguard Ftse Emerging Marke 2.85% 193,169 $8.1M Add +2.1%
VWOB Vanguard Emerg MKTS Gov BND 2.61% 115,602 $7.4M Add +1.3%
DFAX Dimensional World Ex US Core 2.58% 286,894 $7.3M Add +3.0%
VCIT Vanguard Int-Term Corporate 2.53% 89,121 $7.2M Add +6.6%
DFAI Dimensional International Co. 2.50% 234,342 $7.1M Add +0.9%
VIG Vanguard Dividend Apprec ETF 2.41% 37,333 $6.8M Reduce -2.4%
VTEB Vanguard Tax-Exempt Bond ETF 2.03% 113,692 $5.8M Add +7.2%
VCSH Vanguard S/T Corp. Bond ETF 2.02% 73,986 $5.7M Add +6.9%
VTI VG Morningstar TS MKT ETF-US 1.87% 20,395 $5.3M Reduce -0.7%
LLY Eli Lilly & Co. 1.63% 5,935 $4.6M Add +0.2%
BIV Vanguard Intermediate-Term B 1.20% 44,987 $3.4M Add +5.8%
AAPL Apple Inc. 1.17% 19,318 $3.3M Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B 1.09% 7,332 $3.1M Reduce -0.0%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 1.04% 38,039 $3.0M Add +1.6%
DFIC Dimensional International Co. 1.03% 109,219 $2.9M Add +16.5%
VTIP Vanguard Short-Term Tips 0.98% 57,686 $2.8M Add +7.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.93% 16,159 $2.6M Reduce -2.2%
BRK.A Berkshire Hathaway Inc. Class A 0.67% 3 $1.9M No change
JNJ Johnson & Johnson 0.61% 10,904 $1.7M Reduce -0.8%
SCHX Schwab US Large-Cap ETF 0.60% 27,315 $1.7M Reduce -2.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.59% 6,645 $1.7M Add +6.2%
SCHA Schwab US Small-Cap ETF 0.58% 33,141 $1.6M Reduce -3.6%
SHM SS SPDR N Ice St Muni ETF 0.56% 33,363 $1.6M Reduce -45.9%
PG The Procter & Gamble Co. 0.47% 8,269 $1.3M No change
MUB iShares National Muni Bond E 0.46% 12,207 $1.3M Add +0.9%
CINF Cincinnati Financial Corp. 0.45% 10,230 $1.3M Add +0.7%
WMT Walmart Inc. 0.44% 20,706 $1.2M No change
SCHF Schwab Intl Equity ETF 0.40% 28,756 $1.1M Reduce -0.3%
JPM JPMorgan Chase & Co. 0.39% 5,582 $1.1M Add +0.1%
QQQ Invesco QQQ Trust Series 1 0.39% 2,479 $1.1M Add +0.8%
LOW Lowe's Cos Inc. 0.36% 3,999 $1.0M Add +0.1%
ABBV Abbvie Inc. 0.35% 5,486 $999K Add +0.0%
HD Home Depot Inc. 0.29% 2,109 $809K Reduce -0.7%
MCD McDonald's Corp. 0.27% 2,674 $754K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.25% 1,368 $716K Add +0.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.25% 6,999 $710K Add +84.2%
EMR Emerson Electric Co. 0.24% 6,071 $689K No change
AMZN Amazon.com Inc. 0.24% 3,800 $685K Add +0.1%
LIN Linde PLC 0.24% 1,437 $667K No change
DVY iShares Select Dividend ETF 0.22% 5,154 $635K No change
PAYX Paychex Inc. 0.22% 5,167 $635K No change
ELV Elevance Health Inc. 0.22% 1,206 $625K No change
MRK Merck & Co. Inc. 0.22% 4,677 $617K Add +0.2%
PEP Pepsico Inc. 0.22% 3,493 $611K Reduce -1.3%
ADP Automatic Data Processing 0.21% 2,425 $606K Reduce -8.0%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.21% 587 $597K Reduce -17.8%
IWB iShares Russell 1000 ETF 0.20% 2,007 $578K No change
SYK Stryker Corp. 0.20% 1,615 $578K No change
NSC Norfolk Southern Corp. 0.20% 2,182 $556K Reduce -6.2%
ITW Illinois Tool Works 0.20% 2,062 $553K Reduce -9.8%
TGT Target Corp. 0.19% 3,058 $542K Add +0.6%
JCI Johnson Controls Internation 0.19% 8,131 $531K Add +0.3%
ADI Analog Devices Inc. 0.19% 2,683 $531K No change
VOO Vanguard S&P 500 ETF 0.19% 1,094 $526K Add +5.6%
ESML iShares ESG Aware MSCI USA S 0.19% 13,040 $525K No change
ORCL Oracle Corp. 0.18% 4,079 $512K No change
GOOG Alphabet Inc. Class C 0.18% 3,343 $509K Reduce -0.2%
FDS Factset Research Systems Inc. 0.17% 1,043 $474K No change
NEE Nextera Energy Inc. 0.16% 7,244 $463K Reduce -0.7%
XOM Exxon Mobil Corp. 0.16% 3,950 $459K Reduce -0.1%
AFL Aflac Inc. 0.16% 5,342 $459K Reduce -14.1%
ABT Abbott Laboratories 0.16% 3,923 $446K Add +0.1%
LHX L3HARRIS Technologies Inc. 0.15% 1,975 $421K No change
GD General Dynamics Corp. 0.15% 1,471 $416K Add +0.2%
SYY Sysco Corp. 0.15% 5,095 $414K Add +0.0%
VGSH Vanguard Short-Term Treasury 0.14% 6,871 $399K Add +2.1%
BLK BlackRock Finance Inc. 0.14% 470 $392K Add +0.2%
PSX Phillips 66 0.13% 2,338 $382K No change
APD Air Products & Chemicals Inc. 0.13% 1,532 $371K Reduce -0.5%
GE General Electric 0.13% 2,092 $367K No change
ED Consolidated Edison Inc. 0.13% 4,010 $364K Add +0.0%
COP Conocophillips 0.12% 2,773 $353K Add +0.1%
VYM Vanguard High DVD Yield ETF 0.12% 2,713 $328K No change
CL Colgate-Palmolive Co. 0.11% 3,476 $313K Reduce -2.2%
DFEM Dimensional Emrg MRKT Core 0.11% 12,161 $310K New
BDX Becton Dickinson and Co. 0.11% 1,230 $304K Reduce -18.0%
MDT Medtronic PLC 0.10% 3,395 $296K Add +0.4%
GOOGL Alphabet Inc. Class A 0.10% 1,944 $293K Add +1.9%
CLX Clorox Company 0.10% 1,907 $292K No change
DUK Duke Energy Corp. 0.10% 2,998 $290K Add +0.2%
NVS Novartis AG-Sponsored ADR 0.10% 2,979 $288K Add +0.3%
VXUS Vanguard Total Intl Stock 0.10% 4,699 $283K No change
V Visa Inc. Class A 0.10% 986 $275K Reduce -5.2%
CAT Caterpillar Inc. 0.10% 747 $274K No change
WM Waste Management Inc. 0.10% 1,274 $272K No change
VZ Verizon Communications Inc. 0.10% 6,446 $270K Add +0.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.09% 2,181 $267K New
VOOG Vanguard S&P 500 Growth ETF 0.09% 875 $267K No change
CSCO Cisco Systems Inc. 0.09% 5,263 $263K Reduce -8.2%
XLK SS Technology Select Sector 0.09% 1,218 $254K No change
PM Philip Morris International 0.09% 2,765 $253K Add +0.5%
MS Morgan Stanley 0.09% 2,642 $249K Add +0.6%

Show all 115 holdings

Portfolio Sells Q4 2023 → Q1 2024
SHM SS SPDR N Ice St Muni ETF Reduce -45.9% 0.56% −0.56
MUNI PIMCO Intermediate Municipal Sold out 0.00% −0.25
AAPL Apple Inc. Reduce -0.1% 1.17% −0.24
SJM The JM Smucker Co. Sold out 0.00% −0.08
VIG Vanguard Dividend Apprec ETF Reduce -2.4% 2.41% −0.06
JNJ Johnson & Johnson Reduce -0.8% 0.61% −0.04
SCHA Schwab US Small-Cap ETF Reduce -3.6% 0.58% −0.04
VB Vanguard Most SM-Cap ETF-Usd Reduce -0.4% 6.37% −0.03
AFL Aflac Inc. Reduce -14.1% 0.16% −0.03
ITW Illinois Tool Works Reduce -9.8% 0.20% −0.03
BDX Becton Dickinson and Co. Reduce -18.0% 0.11% −0.03
APD Air Products & Chemicals Inc. Reduce -0.5% 0.13% −0.03
PFE Pfizer Inc. Reduce -18.4% 0.08% −0.03
ADP Automatic Data Processing Reduce -8.0% 0.21% −0.02
CSCO Cisco Systems Inc. Reduce -8.2% 0.09% −0.02
ES Eversource Energy Reduce -6.3% 0.08% −0.02
GWW WW Grainger Inc. Reduce -17.8% 0.21% −0.01
NSC Norfolk Southern Corp. Reduce -6.2% 0.20% −0.01
PEP Pepsico Inc. Reduce -1.3% 0.22% −0.01
POWW Outdoor Holding Co. Sold out 0.00% −0.01
SCHF Schwab Intl Equity ETF Reduce -0.3% 0.40% −0.01
VTV Vanguard Mrngstr Val ETF-Aui Reduce -2.2% 0.93% −0.01
V Visa Inc. Class A Reduce -5.2% 0.10% −0.01
GIS General Mills Inc. Reduce -5.8% 0.08% −0.00
NEE Nextera Energy Inc. Reduce -0.7% 0.16% −0.00
SCHX Schwab US Large-Cap ETF Reduce -2.6% 0.60% −0.00
GOOG Alphabet Inc. Class C Reduce -0.2% 0.18% +0.00
CL Colgate-Palmolive Co. Reduce -2.2% 0.11% +0.00
RTX RTX Corp. Reduce -0.9% 0.08% +0.01
HD Home Depot Inc. Reduce -0.7% 0.29% +0.01
XOM Exxon Mobil Corp. Reduce -0.1% 0.16% +0.01
VTI VG Morningstar TS MKT ETF-US Reduce -0.7% 1.87% +0.03
VUG Vanguard Mrngstar GR ETF-Sui Reduce -0.9% 4.18% +0.09
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.0% 1.09% +0.10
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -0.2% 11.25% +0.25

Portfolio Buys Q4 2023 → Q1 2024
LLY Eli Lilly & Co. Add +0.2% 1.63% +0.32
DFUS Dimensional US Eq MKT ETF Add +0.6% 9.32% +0.28
MSFT Microsoft Corp. Add +0.0% 3.96% +0.16
DFIC Dimensional International Co. Add +16.5% 1.03% +0.13
TJX TJX Companies Inc. Add +84.2% 0.25% +0.12
DFEM Dimensional Emrg MRKT Core New 0.11% +0.11
DIS The Walt Disney Co. New 0.09% +0.09
META Meta Platforms Inc. Class A New 0.09% +0.09
WFC Wells Fargo & Co. New 0.08% +0.08
AMD Advanced Micro Devices New 0.08% +0.08
COST Costco Wholesale Corp. New 0.07% +0.07
AVUV Avantis US Small Cap Value New 0.07% +0.07
CINF Cincinnati Financial Corp. Add +0.7% 0.45% +0.05
DFAS Dimensional US Small Cap ETF Add +3.5% 5.23% +0.04
JPM JPMorgan Chase & Co. Add +0.1% 0.39% +0.04
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +6.2% 0.59% +0.03
ABBV Abbvie Inc. Add +0.0% 0.35% +0.03
TGT Target Corp. Add +0.6% 0.19% +0.03
MRK Merck & Co. Inc. Add +0.2% 0.22% +0.03
AMZN Amazon.com Inc. Add +0.1% 0.24% +0.02
LOW Lowe's Cos Inc. Add +0.1% 0.36% +0.02
VOO Vanguard S&P 500 ETF Add +5.6% 0.19% +0.01
JCI Johnson Controls Internation Add +0.3% 0.19% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +0.7% 0.25% +0.01
QQQ Invesco QQQ Trust Series 1 Add +0.8% 0.39% +0.01
VTIP Vanguard Short-Term Tips Add +7.1% 0.98% +0.01
SYY Sysco Corp. Add +0.0% 0.15% +0.00
VZ Verizon Communications Inc. Add +0.2% 0.10% +0.00
SHW The Sherwin-Williams Co. Add +0.1% 0.08% +0.00
COP Conocophillips Add +0.1% 0.12% +0.00
GOOGL Alphabet Inc. Class A Add +1.9% 0.10% +0.00
GD General Dynamics Corp. Add +0.2% 0.15% +0.00
T AT&T Inc. Add +3.4% 0.07% +0.00
DFAX Dimensional World Ex US Core Add +3.0% 2.58% +0.00
MDT Medtronic PLC Add +0.4% 0.10% −0.00
MS Morgan Stanley Add +0.6% 0.09% −0.01
BLK BlackRock Finance Inc. Add +0.2% 0.14% −0.01
ABT Abbott Laboratories Add +0.1% 0.16% −0.01
DUK Duke Energy Corp. Add +0.2% 0.10% −0.01
VGSH Vanguard Short-Term Treasury Add +2.1% 0.14% −0.01
VCSH Vanguard S/T Corp. Bond ETF Add +6.9% 2.02% −0.01
PM Philip Morris International Add +0.5% 0.09% −0.01
ED Consolidated Edison Inc. Add +0.0% 0.13% −0.01
NVS Novartis AG-Sponsored ADR Add +0.3% 0.10% −0.01
DFAI Dimensional International Co. Add +0.9% 2.50% −0.02
VTEB Vanguard Tax-Exempt Bond ETF Add +7.2% 2.03% −0.02
MUB iShares National Muni Bond E Add +0.9% 0.46% −0.03
BIV Vanguard Intermediate-Term B Add +5.8% 1.20% −0.03
VCIT Vanguard Int-Term Corporate Add +6.6% 2.53% −0.04
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +1.6% 1.04% −0.05

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 125$480.6MVV, DFUS, DFAS, DFIC, VEA
Q1 2026 120$420.1MVV, DFUS, DFAS, VEA, DFIC
Q4 2025 120$408.5MVV, DFUS, DFAS, VEA, DFIC
Q3 2025 119$386.1MVV, DFUS, DFAS, VEA, VB
Q2 2025 127$354.0MVV, DFUS, VEA, DFAS, VB
Q1 2025 120$319.9MVV, DFUS, VEA, VB, DFAS
Q4 2024 121$320.2MVV, DFUS, VEA, VB, DFAS
Q3 2024 118$320.6MVV, DFUS, VEA, VB, DFAS
Q2 2024 116$291.3MVV, DFUS, VEA, VB, DFAS
Q1 2024 115$283.3MVV, DFUS, VEA, VB, DFAS