Hurlow Wealth Management Group, Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 7, 2024), Hurlow Wealth Management Group, Inc. reported 118 stock positions worth $320.6 million. Its top holding was Vngrd Mrgstr LRG-Cap ETF-Usd (VV) at 11.5% of the portfolio, followed by Dimensional US Eq MKT ETF (DFUS, 9.1%) and Vanguard Ftse Developed ETF (VEA, 6.6%). Compared with Q2 2024, it opened 7 new positions, sold out of 5, added to 49 and reduced 33. The biggest buy was a new position in SS SPDR P High Yield ETF (SPHY) and the biggest sale an exit from Ishr Ibx Usd Hiyld CB ETF-Ui (HYG).

Most Recent 13F
Q2 2026
Location
BLOOMINGTON, IN
CIK
0001747749
Portfolio Value
$320.6M (Q3 2024)
SEC Filing
0001085146-24-004691 ↗ filed Oct 7, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $283.3M Q1 2024 Q2 2024: $291.3M Q2 2024 Q3 2024: $320.6M $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 118 stocks · $320.6M
VV Vngrd Mrgstr LRG-Cap ETF-Usd 11.49% 139,903 $36.8M Add +4.8%
DFUS Dimensional US Eq MKT ETF 9.10% 469,049 $29.2M Add +2.6%
VEA Vanguard Ftse Developed ETF 6.59% 399,804 $21.1M Add +1.6%
VB Vanguard Most SM-Cap ETF-Usd 6.01% 81,293 $19.3M Add +1.9%
DFAS Dimensional US Small Cap ETF 5.50% 271,688 $17.6M Add +9.0%
VNQ Vanguard Real Estate ETF 4.52% 148,726 $14.5M Add +4.3%
VUG Vanguard Mrngstar GR ETF-Sui 4.10% 34,261 $13.2M Add +0.3%
MSFT Microsoft Corp. 3.56% 26,503 $11.4M Add +0.3%
VWO Vanguard Ftse Emerging Marke 3.02% 202,604 $9.7M Add +2.4%
VCIT Vanguard Int-Term Corporate 2.86% 109,578 $9.2M Add +7.7%
VWOB Vanguard Emerg MKTS Gov BND 2.62% 126,607 $8.4M Add +5.5%
DFAX Dimensional World Ex US Core 2.42% 286,971 $7.8M Add +0.2%
DFAI Dimensional International Co. 2.33% 234,915 $7.5M Add +0.0%
VIG Vanguard Dividend Apprec ETF 2.20% 35,609 $7.1M Reduce -2.5%
VTEB Vanguard Tax-Exempt Bond ETF 2.15% 134,564 $6.9M Add +9.3%
VCSH Vanguard S/T Corp. Bond ETF 2.06% 82,991 $6.6M Add +3.7%
DFIC Dimensional International Co. 1.88% 214,581 $6.0M Add +38.5%
VTI VG Morningstar TS MKT ETF-US 1.80% 20,327 $5.8M Reduce -0.1%
LLY Eli Lilly & Co. 1.72% 6,242 $5.5M Add +1.7%
AAPL Apple Inc. 1.41% 19,383 $4.5M Reduce -1.2%
BIV Vanguard Intermediate-Term B 1.34% 54,772 $4.3M Add +6.4%
BRK.B Berkshire Hathaway Inc. Class B 1.11% 7,719 $3.6M No change
SPHY SS SPDR P High Yield ETF 1.09% 145,547 $3.5M New
VTIP Vanguard Short-Term Tips 1.01% 65,460 $3.2M Add +7.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.94% 17,236 $3.0M Reduce -0.1%
BRK.A Berkshire Hathaway Inc. Class A 0.65% 3 $2.1M No change
SCHX Schwab US Large-Cap ETF 0.57% 26,790 $1.8M Reduce -0.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.55% 6,698 $1.8M Add +0.7%
JNJ Johnson & Johnson 0.53% 10,514 $1.7M Reduce -1.6%
WMT Walmart Inc. 0.52% 20,695 $1.7M Add +0.3%
SCHA Schwab US Small-Cap ETF 0.50% 31,403 $1.6M Reduce -5.5%
DFEM Dimensional Emrg MRKT Core 0.50% 56,398 $1.6M Add +52.5%
SHM SS SPDR N Ice St Muni ETF 0.48% 31,942 $1.5M Add +2.7%
PG The Procter & Gamble Co. 0.45% 8,252 $1.4M Reduce -0.0%
CINF Cincinnati Financial Corp. 0.44% 10,361 $1.4M Add +0.6%
MUB iShares National Muni Bond E 0.42% 12,320 $1.3M Add +0.8%
JPM JPMorgan Chase & Co. 0.36% 5,498 $1.2M No change
ABBV Abbvie Inc. 0.34% 5,483 $1.1M Add +0.0%
QQQ Invesco QQQ Trust Series 1 0.33% 2,189 $1.1M Reduce -7.7%
LOW Lowe's Cos Inc. 0.32% 3,811 $1.0M Reduce -2.1%
HD Home Depot Inc. 0.27% 2,110 $855K No change
MCD McDonald's Corp. 0.26% 2,738 $834K Reduce -1.8%
AMZN Amazon.com Inc. 0.22% 3,802 $708K Add +0.1%
ORCL Oracle Corp. 0.22% 4,079 $695K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.21% 1,189 $682K Reduce -0.2%
AFL Aflac Inc. 0.21% 5,974 $668K Add +0.0%
META Meta Platforms Inc. Class A 0.21% 1,166 $667K Add +133.7%
ELV Elevance Health Inc. 0.21% 1,271 $661K Add +3.4%
ADP Automatic Data Processing 0.21% 2,381 $659K No change
LIN Linde PLC 0.20% 1,378 $657K No change
IWB iShares Russell 1000 ETF 0.20% 2,007 $631K No change
JCI Johnson Controls Internation 0.20% 8,117 $630K Add +0.0%
EMR Emerson Electric Co. 0.20% 5,718 $625K Reduce -3.5%
PEP Pepsico Inc. 0.19% 3,564 $606K Reduce -0.3%
PAYX Paychex Inc. 0.19% 4,458 $598K No change
NEE Nextera Energy Inc. 0.19% 7,056 $596K Add +0.0%
ADI Analog Devices Inc. 0.19% 2,584 $595K Reduce -0.1%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.18% 550 $571K No change
VOO Vanguard S&P 500 ETF 0.18% 1,073 $566K Reduce -1.9%
ESML iShares ESG Aware MSCI USA S 0.18% 13,512 $565K Add +0.9%
DVY iShares Select Dividend ETF 0.18% 4,169 $563K Reduce -15.4%
GOOG Alphabet Inc. Class C 0.18% 3,362 $562K No change
SYK Stryker Corp. 0.17% 1,518 $548K Reduce -1.4%
MRK Merck & Co. Inc. 0.16% 4,648 $528K Reduce -0.4%
NSC Norfolk Southern Corp. 0.16% 2,052 $510K Reduce -4.0%
VYM Vanguard High DVD Yield ETF 0.15% 3,725 $478K Add +1.0%
FDS Factset Research Systems Inc. 0.15% 1,019 $469K No change
ITW Illinois Tool Works 0.14% 1,773 $465K Reduce -3.7%
XOM Exxon Mobil Corp. 0.14% 3,959 $464K Reduce -0.1%
LHX L3HARRIS Technologies Inc. 0.14% 1,929 $459K No change
VGSH Vanguard Short-Term Treasury 0.14% 7,677 $453K Add +0.8%
SCHF Schwab Intl Equity ETF 0.14% 10,990 $452K Add +4.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.14% 3,795 $446K Reduce -0.1%
APD Air Products & Chemicals Inc. 0.14% 1,481 $441K Reduce -3.3%
GD General Dynamics Corp. 0.14% 1,450 $438K No change
TGT Target Corp. 0.13% 2,752 $429K Reduce -9.6%
ABT Abbott Laboratories 0.13% 3,722 $424K Reduce -7.3%
ED Consolidated Edison Inc. 0.13% 4,010 $418K No change
GE General Electric filed as GE AEROSPACE 0.12% 2,091 $394K No change
SYY Sysco Corp. 0.12% 4,862 $380K No change
GOOGL Alphabet Inc. Class A 0.11% 2,151 $357K Reduce -2.5%
NVDA Nvidia Corp. 0.11% 2,848 $346K Add +8.9%
PM Philip Morris International 0.11% 2,824 $343K Add +2.6%
NVS Novartis AG-Sponsored ADR 0.11% 2,969 $341K No change
DUK Duke Energy Corp. 0.10% 2,916 $336K Add +0.8%
CL Colgate-Palmolive Co. 0.10% 3,206 $333K No change
MDT Medtronic PLC 0.10% 3,386 $305K Add +0.1%
CSCO Cisco Systems Inc. 0.09% 5,689 $303K Reduce -0.0%
VOOG Vanguard S&P 500 Growth ETF 0.09% 875 $302K No change
XLK SS Technology Select Sector 0.09% 1,337 $302K Add +9.8%
VXUS Vanguard Total Intl Stock 0.09% 4,604 $298K Reduce -2.0%
PSX Phillips 66 0.09% 2,251 $296K Reduce -3.6%
RTX RTX Corp. 0.09% 2,418 $293K No change
COP Conocophillips 0.09% 2,777 $292K Add +0.2%
CAT Caterpillar Inc. 0.09% 747 $292K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.09% 1,086 $290K Add +12.9%
CLX Clorox Company 0.09% 1,722 $281K Add +0.1%
MS Morgan Stanley 0.09% 2,630 $274K No change
V Visa Inc. Class A 0.09% 992 $273K Add +0.7%
WEC WEC Energy Group Inc. 0.08% 2,790 $268K No change
BDX Becton Dickinson and Co. 0.08% 1,112 $268K Reduce -9.7%
ES Eversource Energy 0.08% 3,921 $267K Add +0.1%
WM Waste Management Inc. 0.08% 1,273 $264K Reduce -0.1%
VZ Verizon Communications Inc. 0.08% 5,854 $263K Add +0.1%
XLY SS Consumer Disc Select Sect 0.08% 1,295 $259K Add +4.4%
SHW The Sherwin-Williams Co. 0.08% 673 $257K No change
ONB Old National Bancorp 0.08% 13,518 $252K No change
COST Costco Wholesale Corp. 0.08% 283 $251K No change
VEU Vanguard Ftse All-World Ex-U 0.07% 3,814 $240K New
IQLT iShares MSCI International Q 0.07% 5,777 $240K No change
FQAL Fidelity Quality Factor ETF 0.07% 3,488 $226K No change
GIS General Mills Inc. 0.07% 3,027 $224K New
PFE Pfizer Inc. 0.07% 7,620 $221K Reduce -5.2%
VT Vanguard Tot World STK ETF 0.07% 1,828 $219K New
AVUV Avantis US Small Cap Value 0.07% 2,235 $214K Add +0.1%
ACN Accenture PLC Class A 0.06% 586 $207K New
IVV iShares Core S&P 500 ETF 0.06% 352 $203K New
BF.A Brown-Forman Corp. Class A 0.06% 4,185 $201K New

Portfolio Sells Q2 2024 → Q3 2024
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Sold out 0.00% −1.07
BLK BlackRock Finance Inc. Sold out 0.00% −0.12
VIG Vanguard Dividend Apprec ETF Reduce -2.5% 2.20% −0.09
WFC Wells Fargo & Co. Sold out 0.00% −0.08
BP BP PLC-Spons ADR Sold out 0.00% −0.08
DIS The Walt Disney Co. Sold out 0.00% −0.07
VTI VG Morningstar TS MKT ETF-US Reduce -0.1% 1.80% −0.07
QQQ Invesco QQQ Trust Series 1 Reduce -7.7% 0.33% −0.06
SCHA Schwab US Small-Cap ETF Reduce -5.5% 0.50% −0.04
MRK Merck & Co. Inc. Reduce -0.4% 0.16% −0.03
DVY iShares Select Dividend ETF Reduce -15.4% 0.18% −0.03
EMR Emerson Electric Co. Reduce -3.5% 0.20% −0.03
SCHX Schwab US Large-Cap ETF Reduce -0.6% 0.57% −0.03
GOOGL Alphabet Inc. Class A Reduce -2.5% 0.11% −0.03
PG The Procter & Gamble Co. Reduce -0.0% 0.45% −0.02
TGT Target Corp. Reduce -9.6% 0.13% −0.02
PSX Phillips 66 Reduce -3.6% 0.09% −0.02
ADI Analog Devices Inc. Reduce -0.1% 0.19% −0.02
BDX Becton Dickinson and Co. Reduce -9.7% 0.08% −0.02
PEP Pepsico Inc. Reduce -0.3% 0.19% −0.01
XOM Exxon Mobil Corp. Reduce -0.1% 0.14% −0.01
VTV Vanguard Mrngstr Val ETF-Aui Reduce -0.1% 0.94% −0.01
VOO Vanguard S&P 500 ETF Reduce -1.9% 0.18% −0.01
ABT Abbott Laboratories Reduce -7.3% 0.13% −0.01
WM Waste Management Inc. Reduce -0.1% 0.08% −0.01
AAPL Apple Inc. Reduce -1.2% 1.41% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.2% 0.21% −0.01
SYK Stryker Corp. Reduce -1.4% 0.17% −0.01
PFE Pfizer Inc. Reduce -5.2% 0.07% −0.01
ITW Illinois Tool Works Reduce -3.7% 0.14% −0.00
JNJ Johnson & Johnson Reduce -1.6% 0.53% −0.00
TJX TJX Companies Inc. Reduce -0.1% 0.14% −0.00
VXUS Vanguard Total Intl Stock Reduce -2.0% 0.09% −0.00
NSC Norfolk Southern Corp. Reduce -4.0% 0.16% +0.00
CSCO Cisco Systems Inc. Reduce -0.0% 0.09% +0.00
APD Air Products & Chemicals Inc. Reduce -3.3% 0.14% +0.00
MCD McDonald's Corp. Reduce -1.8% 0.26% +0.02
LOW Lowe's Cos Inc. Reduce -2.1% 0.32% +0.03

Portfolio Buys Q2 2024 → Q3 2024
SPHY SS SPDR P High Yield ETF New 1.09% +1.09
DFIC Dimensional International Co. Add +38.5% 1.88% +0.49
VNQ Vanguard Real Estate ETF Add +4.3% 4.52% +0.42
DFAS Dimensional US Small Cap ETF Add +9.0% 5.50% +0.36
DFEM Dimensional Emrg MRKT Core Add +52.5% 0.50% +0.16
META Meta Platforms Inc. Class A Add +133.7% 0.21% +0.12
VEU Vanguard Ftse All-World Ex-U New 0.07% +0.07
VCIT Vanguard Int-Term Corporate Add +7.7% 2.86% +0.07
GIS General Mills Inc. New 0.07% +0.07
VT Vanguard Tot World STK ETF New 0.07% +0.07
ACN Accenture PLC Class A New 0.06% +0.06
IVV iShares Core S&P 500 ETF New 0.06% +0.06
BF.A Brown-Forman Corp. Class A New 0.06% +0.06
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +4.8% 11.49% +0.05
VWO Vanguard Ftse Emerging Marke Add +2.4% 3.02% +0.05
VB Vanguard Most SM-Cap ETF-Usd Add +1.9% 6.01% +0.04
WMT Walmart Inc. Add +0.3% 0.52% +0.04
VWOB Vanguard Emerg MKTS Gov BND Add +5.5% 2.62% +0.03
VTEB Vanguard Tax-Exempt Bond ETF Add +9.3% 2.15% +0.03
AFL Aflac Inc. Add +0.0% 0.21% +0.03
CINF Cincinnati Financial Corp. Add +0.6% 0.44% +0.02
BIV Vanguard Intermediate-Term B Add +6.4% 1.34% +0.02
ABBV Abbvie Inc. Add +0.0% 0.34% +0.01
NEE Nextera Energy Inc. Add +0.0% 0.19% +0.01
JCI Johnson Controls Internation Add +0.0% 0.20% +0.01
PM Philip Morris International Add +2.6% 0.11% +0.01
VBK Van Morst SML-Cap Gro-Usd Inc. Add +12.9% 0.09% +0.01
CLX Clorox Company Add +0.1% 0.09% +0.01
ES Eversource Energy Add +0.1% 0.08% +0.01
DUK Duke Energy Corp. Add +0.8% 0.10% +0.01
MDT Medtronic PLC Add +0.1% 0.10% +0.00
XLY SS Consumer Disc Select Sect Add +4.4% 0.08% +0.00
SCHF Schwab Intl Equity ETF Add +4.2% 0.14% +0.00
XLK SS Technology Select Sector Add +9.8% 0.09% −0.00
ESML iShares ESG Aware MSCI USA S Add +0.9% 0.18% −0.00
VZ Verizon Communications Inc. Add +0.1% 0.08% −0.00
VYM Vanguard High DVD Yield ETF Add +1.0% 0.15% −0.00
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.7% 0.55% −0.00
AVUV Avantis US Small Cap Value Add +0.1% 0.07% −0.00
NVDA Nvidia Corp. Add +8.9% 0.11% −0.00
V Visa Inc. Class A Add +0.7% 0.09% −0.00
VGSH Vanguard Short-Term Treasury Add +0.8% 0.14% −0.01
VTIP Vanguard Short-Term Tips Add +7.1% 1.01% −0.01
COP Conocophillips Add +0.2% 0.09% −0.02
ELV Elevance Health Inc. Add +3.4% 0.21% −0.02
SHM SS SPDR N Ice St Muni ETF Add +2.7% 0.48% −0.02
MUB iShares National Muni Bond E Add +0.8% 0.42% −0.03
AMZN Amazon.com Inc. Add +0.1% 0.22% −0.03
DFAI Dimensional International Co. Add +0.0% 2.33% −0.06
VCSH Vanguard S/T Corp. Bond ETF Add +3.7% 2.06% −0.07

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