Hurlow Wealth Management Group, Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Hurlow Wealth Management Group, Inc. reported 121 stock positions worth $320.2 million. Its top holding was Vngrd Mrgstr LRG-Cap ETF-Usd (VV) at 11.7% of the portfolio, followed by Dimensional US Eq MKT ETF (DFUS, 9.6%) and Vanguard Ftse Developed ETF (VEA, 6.4%). Compared with Q3 2024, it opened 5 new positions, sold out of 2, added to 36 and reduced 48. The biggest buy was Dimensional US Eq MKT ETF (DFUS, shares +2%) and the biggest sale Microsoft (MSFT, shares −9%).

Most Recent 13F
Q2 2026
Location
BLOOMINGTON, IN
CIK
0001747749
Portfolio Value
$320.2M (Q4 2024)
SEC Filing
0001747749-25-000003 ↗ filed Feb 13, 2025

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 Q3 2024 Q4 2024: $320.2M $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 121 stocks · $320.2M
VV Vngrd Mrgstr LRG-Cap ETF-Usd 11.70% 138,933 $37.5M Reduce -0.7%
DFUS Dimensional US Eq MKT ETF 9.55% 479,713 $30.6M Add +2.3%
VEA Vanguard Ftse Developed ETF 6.41% 428,946 $20.5M Add +7.3%
VB Vanguard Most SM-Cap ETF-Usd 6.06% 80,772 $19.4M Reduce -0.6%
DFAS Dimensional US Small Cap ETF 5.83% 286,685 $18.7M Add +5.5%
VNQ Vanguard Real Estate ETF 4.24% 152,367 $13.6M Add +2.5%
VUG Vanguard Mrngstar GR ETF-Sui 4.23% 32,975 $13.5M Reduce -3.8%
MSFT Microsoft Corp. 3.16% 24,007 $10.1M Reduce -9.4%
VCIT Vanguard Int-Term Corporate 2.91% 116,031 $9.3M Add +5.9%
VWO Vanguard Ftse Emerging Marke 2.81% 204,170 $9.0M Add +0.8%
VWOB Vanguard Emerg MKTS Gov BND 2.55% 129,283 $8.2M Add +2.1%
DFAX Dimensional World Ex US Core 2.35% 302,224 $7.5M Add +5.3%
DFIC Dimensional International Co. 2.25% 279,261 $7.2M Add +30.1%
VTEB Vanguard Tax-Exempt Bond ETF 2.22% 141,605 $7.1M Add +5.2%
VCSH Vanguard S/T Corp. Bond ETF 2.17% 88,911 $6.9M Add +7.1%
VIG Vanguard Dividend Apprec ETF 2.10% 34,370 $6.7M Reduce -3.5%
DFAI Dimensional International Co. 2.10% 230,109 $6.7M Reduce -2.0%
VTI VG Morningstar TS MKT ETF-US 1.76% 19,397 $5.6M Reduce -4.6%
AAPL Apple Inc. 1.51% 19,253 $4.8M Reduce -0.7%
LLY Eli Lilly & Co. 1.47% 6,098 $4.7M Reduce -2.3%
BIV Vanguard Intermediate-Term B 1.33% 57,042 $4.3M Add +4.1%
SPHY SS SPDR P High Yield ETF 1.12% 152,371 $3.6M Add +4.7%
BRK.B Berkshire Hathaway Inc. Class B 1.09% 7,707 $3.5M Reduce -0.2%
VTIP Vanguard Short-Term Tips 1.08% 71,507 $3.5M Add +9.2%
VTV Vanguard Mrngstr Val ETF-Aui 0.87% 16,400 $2.8M Reduce -4.8%
BRK.A Berkshire Hathaway Inc. Class A 0.64% 3 $2.0M No change
WMT Walmart Inc. 0.58% 20,640 $1.9M Reduce -0.3%
SCHX Schwab US Large-Cap ETF 0.57% 78,409 $1.8M Reduce -2.4%
DFEM Dimensional Emrg MRKT Core 0.57% 69,139 $1.8M Add +22.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.55% 6,721 $1.8M Add +0.3%
SHM SS SPDR N Ice St Muni ETF 0.53% 35,608 $1.7M Add +11.5%
SCHA Schwab US Small-Cap ETF 0.50% 61,953 $1.6M Reduce -1.4%
CINF Cincinnati Financial Corp. 0.47% 10,419 $1.5M Add +0.6%
JNJ Johnson & Johnson 0.45% 9,866 $1.4M Reduce -6.2%
PG The Procter & Gamble Co. 0.43% 8,252 $1.4M No change
JPM JPMorgan Chase & Co. 0.41% 5,538 $1.3M Add +0.7%
MUB iShares National Muni Bond E 0.40% 12,075 $1.3M Reduce -2.0%
QQQ Invesco QQQ Trust Series 1 0.32% 1,978 $1.0M Reduce -9.6%
ABBV Abbvie Inc. 0.31% 5,531 $983K Add +0.9%
LOW Lowe's Cos Inc. 0.29% 3,792 $936K Reduce -0.5%
HD Home Depot Inc. 0.26% 2,137 $831K Add +1.3%
MCD McDonald's Corp. 0.26% 2,838 $823K Add +3.6%
AMZN Amazon.com Inc. 0.25% 3,634 $797K Reduce -4.4%
ADP Automatic Data Processing 0.22% 2,381 $697K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.22% 1,187 $696K Reduce -0.2%
ORCL Oracle Corp. 0.22% 4,149 $691K Add +1.7%
EMR Emerson Electric Co. 0.21% 5,316 $659K Reduce -7.0%
IWB iShares Russell 1000 ETF 0.20% 2,007 $647K No change
JCI Johnson Controls Internation 0.20% 8,120 $641K Add +0.0%
VOO Vanguard S&P 500 ETF 0.20% 1,167 $629K Add +8.8%
PAYX Paychex Inc. 0.20% 4,459 $625K Add +0.0%
AFL Aflac Inc. 0.19% 5,954 $616K Reduce -0.3%
GOOG Alphabet Inc. Class C 0.19% 3,135 $597K Reduce -6.8%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.18% 550 $580K No change
LIN Linde PLC 0.18% 1,378 $577K No change
ESML iShares ESG Aware MSCI USA S 0.18% 13,512 $568K No change
META Meta Platforms Inc. Class A 0.17% 940 $550K Reduce -19.4%
DVY iShares Select Dividend ETF 0.17% 4,169 $547K No change
ADI Analog Devices Inc. 0.17% 2,561 $544K Reduce -0.9%
SYK Stryker Corp. 0.17% 1,505 $542K Reduce -0.9%
PEP Pepsico Inc. 0.17% 3,525 $536K Reduce -1.1%
NEE Nextera Energy Inc. 0.16% 7,055 $506K Reduce -0.0%
NSC Norfolk Southern Corp. 0.15% 2,028 $476K Reduce -1.2%
ELV Elevance Health Inc. 0.15% 1,287 $475K Add +1.3%
FDS Factset Research Systems Inc. 0.15% 988 $475K Reduce -3.0%
VYM Vanguard High DVD Yield ETF 0.15% 3,677 $469K Reduce -1.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.14% 3,795 $458K No change
MRK Merck & Co. Inc. 0.14% 4,580 $456K Reduce -1.5%
ITW Illinois Tool Works 0.14% 1,773 $450K No change
BLK BlackRock Inc. 0.14% 428 $439K New
APD Air Products & Chemicals Inc. 0.14% 1,497 $434K Add +1.1%
XOM Exxon Mobil Corp. 0.13% 3,959 $426K No change
ABT Abbott Laboratories 0.13% 3,722 $421K No change
LHX L3HARRIS Technologies Inc. 0.13% 1,930 $406K Add +0.1%
SCHF Schwab Intl Equity ETF 0.12% 21,209 $392K Reduce -3.5%
VGSH Vanguard Short-Term Treasury 0.12% 6,720 $391K Reduce -12.5%
GD General Dynamics Corp. 0.12% 1,450 $382K No change
NVDA Nvidia Corp. 0.12% 2,842 $382K Reduce -0.2%
SYY Sysco Corp. 0.12% 4,864 $372K Add +0.0%
TGT Target Corp. 0.11% 2,674 $361K Reduce -2.8%
ED Consolidated Edison Inc. 0.11% 4,010 $358K No change
GE General Electric filed as GE AEROSPACE 0.11% 2,091 $349K No change
CSCO Cisco Systems Inc. 0.11% 5,808 $344K Add +2.1%
PM Philip Morris International 0.11% 2,826 $340K Add +0.1%
MS Morgan Stanley 0.10% 2,593 $326K Reduce -1.4%
VOOG Vanguard S&P 500 Growth ETF 0.10% 875 $320K No change
GOOGL Alphabet Inc. Class A 0.10% 1,675 $317K Reduce -22.1%
XLK SS Technology Select Sector 0.10% 1,337 $311K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.10% 1,086 $304K No change
V Visa Inc. Class A 0.09% 958 $303K Reduce -3.4%
ONB Old National Bancorp 0.09% 13,518 $293K No change
XLY SS Consumer Disc Select Sect 0.09% 1,295 $291K No change
CL Colgate-Palmolive Co. 0.09% 3,185 $290K Reduce -0.7%
NVS Novartis AG-Sponsored ADR 0.09% 2,969 $289K No change
RTX RTX Corp. 0.09% 2,418 $280K No change
CLX Clorox Company 0.09% 1,697 $276K Reduce -1.4%
COP Conocophillips 0.09% 2,774 $275K Reduce -0.1%
TSLA Tesla Inc. 0.09% 676 $273K New
VXUS Vanguard Total Intl Stock 0.08% 4,604 $271K No change
CAT Caterpillar Inc. 0.08% 747 $271K No change
MDT Medtronic PLC 0.08% 3,323 $265K Reduce -1.9%
PSX Phillips 66 0.08% 2,326 $265K Add +3.3%
WEC WEC Energy Group Inc. 0.08% 2,790 $262K No change
COST Costco Wholesale Corp. 0.08% 283 $259K No change
WM Waste Management Inc. 0.08% 1,273 $257K No change
BDX Becton Dickinson and Co. 0.08% 1,094 $248K Reduce -1.6%
DUK Duke Energy Corp. 0.08% 2,285 $246K Reduce -21.6%
WFC Wells Fargo & Co. 0.08% 3,426 $241K New
VZ Verizon Communications Inc. 0.07% 5,846 $234K Reduce -0.1%
SHW The Sherwin-Williams Co. 0.07% 673 $229K No change
FQAL Fidelity Quality Factor ETF 0.07% 3,488 $228K No change
VT Vanguard Tot World STK ETF 0.07% 1,908 $224K Add +4.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 1,999 $223K New
ES Eversource Energy 0.07% 3,841 $221K Reduce -2.0%
VEU Vanguard Ftse All-World Ex-U 0.07% 3,826 $220K Add +0.3%
AVUV Avantis US Small Cap Value 0.07% 2,235 $216K No change
IQLT iShares MSCI International Q 0.07% 5,777 $214K No change
IVV iShares Core S&P 500 ETF 0.06% 352 $207K No change
ACN Accenture PLC Class A 0.06% 587 $207K Add +0.2%
PFE Pfizer Inc. 0.06% 7,616 $202K Reduce -0.1%
HURA Tuhura Biosciences Inc. 0.05% 41,444 $170K New

Portfolio Sells Q3 2024 → Q4 2024
MSFT Microsoft Corp. Reduce -9.4% 3.16% −0.40
LLY Eli Lilly & Co. Reduce -2.3% 1.47% −0.25
DFAI Dimensional International Co. Reduce -2.0% 2.10% −0.23
VIG Vanguard Dividend Apprec ETF Reduce -3.5% 2.10% −0.10
JNJ Johnson & Johnson Reduce -6.2% 0.45% −0.09
VTV Vanguard Mrngstr Val ETF-Aui Reduce -4.8% 0.87% −0.07
GIS General Mills Inc. Sold out 0.00% −0.07
BF.A Brown-Forman Corp. Class A Sold out 0.00% −0.06
VTI VG Morningstar TS MKT ETF-US Reduce -4.6% 1.76% −0.04
META Meta Platforms Inc. Class A Reduce -19.4% 0.17% −0.04
LOW Lowe's Cos Inc. Reduce -0.5% 0.29% −0.03
NEE Nextera Energy Inc. Reduce -0.0% 0.16% −0.03
DUK Duke Energy Corp. Reduce -21.6% 0.08% −0.03
MRK Merck & Co. Inc. Reduce -1.5% 0.14% −0.02
PEP Pepsico Inc. Reduce -1.1% 0.17% −0.02
TGT Target Corp. Reduce -2.8% 0.11% −0.02
VGSH Vanguard Short-Term Treasury Reduce -12.5% 0.12% −0.02
SCHF Schwab Intl Equity ETF Reduce -3.5% 0.12% −0.02
QQQ Invesco QQQ Trust Series 1 Reduce -9.6% 0.32% −0.02
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.2% 1.09% −0.02
AFL Aflac Inc. Reduce -0.3% 0.19% −0.02
ADI Analog Devices Inc. Reduce -0.9% 0.17% −0.02
MUB iShares National Muni Bond E Reduce -2.0% 0.40% −0.02
ES Eversource Energy Reduce -2.0% 0.07% −0.01
CL Colgate-Palmolive Co. Reduce -0.7% 0.09% −0.01
GOOGL Alphabet Inc. Class A Reduce -22.1% 0.10% −0.01
MDT Medtronic PLC Reduce -1.9% 0.08% −0.01
NSC Norfolk Southern Corp. Reduce -1.2% 0.15% −0.01
VZ Verizon Communications Inc. Reduce -0.1% 0.07% −0.01
BDX Becton Dickinson and Co. Reduce -1.6% 0.08% −0.01
PFE Pfizer Inc. Reduce -0.1% 0.06% −0.01
COP Conocophillips Reduce -0.1% 0.09% −0.01
SCHA Schwab US Small-Cap ETF Reduce -1.4% 0.50% −0.00
VYM Vanguard High DVD Yield ETF Reduce -1.3% 0.15% −0.00
SYK Stryker Corp. Reduce -0.9% 0.17% −0.00
CLX Clorox Company Reduce -1.4% 0.09% −0.00
SCHX Schwab US Large-Cap ETF Reduce -2.4% 0.57% +0.00
FDS Factset Research Systems Inc. Reduce -3.0% 0.15% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.2% 0.22% +0.00
V Visa Inc. Class A Reduce -3.4% 0.09% +0.01
EMR Emerson Electric Co. Reduce -7.0% 0.21% +0.01
GOOG Alphabet Inc. Class C Reduce -6.8% 0.19% +0.01
NVDA Nvidia Corp. Reduce -0.2% 0.12% +0.01
MS Morgan Stanley Reduce -1.4% 0.10% +0.02
AMZN Amazon.com Inc. Reduce -4.4% 0.25% +0.03
VB Vanguard Most SM-Cap ETF-Usd Reduce -0.6% 6.06% +0.05
WMT Walmart Inc. Reduce -0.3% 0.58% +0.06
AAPL Apple Inc. Reduce -0.7% 1.51% +0.10
VUG Vanguard Mrngstar GR ETF-Sui Reduce -3.8% 4.23% +0.12
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -0.7% 11.70% +0.21

Portfolio Buys Q3 2024 → Q4 2024
DFUS Dimensional US Eq MKT ETF Add +2.3% 9.55% +0.45
DFIC Dimensional International Co. Add +30.1% 2.25% +0.37
DFAS Dimensional US Small Cap ETF Add +5.5% 5.83% +0.33
BLK BlackRock Inc. New 0.14% +0.14
VCSH Vanguard S/T Corp. Bond ETF Add +7.1% 2.17% +0.11
TSLA Tesla Inc. New 0.09% +0.09
WFC Wells Fargo & Co. New 0.08% +0.08
VTIP Vanguard Short-Term Tips Add +9.2% 1.08% +0.07
VTEB Vanguard Tax-Exempt Bond ETF Add +5.2% 2.22% +0.07
DFEM Dimensional Emrg MRKT Core Add +22.6% 0.57% +0.07
DIS The Walt Disney Co. New 0.07% +0.07
JPM JPMorgan Chase & Co. Add +0.7% 0.41% +0.05
HURA Tuhura Biosciences Inc. New 0.05% +0.05
SHM SS SPDR N Ice St Muni ETF Add +11.5% 0.53% +0.05
VCIT Vanguard Int-Term Corporate Add +5.9% 2.91% +0.05
CINF Cincinnati Financial Corp. Add +0.6% 0.47% +0.03
SPHY SS SPDR P High Yield ETF Add +4.7% 1.12% +0.03
VOO Vanguard S&P 500 ETF Add +8.8% 0.20% +0.02
CSCO Cisco Systems Inc. Add +2.1% 0.11% +0.01
PAYX Paychex Inc. Add +0.0% 0.20% +0.01
JCI Johnson Controls Internation Add +0.0% 0.20% +0.00
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.3% 0.55% +0.00
VT Vanguard Tot World STK ETF Add +4.4% 0.07% +0.00
ACN Accenture PLC Class A Add +0.2% 0.06% −0.00
PM Philip Morris International Add +0.1% 0.11% −0.00
ORCL Oracle Corp. Add +1.7% 0.22% −0.00
APD Air Products & Chemicals Inc. Add +1.1% 0.14% −0.00
SYY Sysco Corp. Add +0.0% 0.12% −0.00
MCD McDonald's Corp. Add +3.6% 0.26% −0.00
VEU Vanguard Ftse All-World Ex-U Add +0.3% 0.07% −0.01
HD Home Depot Inc. Add +1.3% 0.26% −0.01
BIV Vanguard Intermediate-Term B Add +4.1% 1.33% −0.01
PSX Phillips 66 Add +3.3% 0.08% −0.01
LHX L3HARRIS Technologies Inc. Add +0.1% 0.13% −0.02
ABBV Abbvie Inc. Add +0.9% 0.31% −0.03
ELV Elevance Health Inc. Add +1.3% 0.15% −0.06
DFAX Dimensional World Ex US Core Add +5.3% 2.35% −0.07
VWOB Vanguard Emerg MKTS Gov BND Add +2.1% 2.55% −0.07
VEA Vanguard Ftse Developed ETF Add +7.3% 6.41% −0.18
VWO Vanguard Ftse Emerging Marke Add +0.8% 2.81% −0.22
VNQ Vanguard Real Estate ETF Add +2.5% 4.24% −0.28

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