Hurlow Wealth Management Group, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 10, 2025), Hurlow Wealth Management Group, Inc. reported 127 stock positions worth $354.0 million. Its top holding was Vngrd Mrgstr LRG-Cap ETF-Usd (VV) at 12.0% of the portfolio, followed by Dimensional US Eq MKT ETF (DFUS, 9.6%) and Vanguard Ftse Developed ETF (VEA, 6.9%). Compared with Q1 2025, it opened 11 new positions, sold out of 4, added to 31 and reduced 44. The biggest buy was Dimensional US Eq MKT ETF (DFUS, shares +7%) and the biggest sale Vanguard Real Estate ETF (VNQ, shares −16%).

Most Recent 13F
Q2 2026
Location
BLOOMINGTON, IN
CIK
0001747749
Portfolio Value
$354.0M (Q2 2025)
SEC Filing
0001747749-25-000005 ↗ filed Jul 10, 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 Q4 2024 Q1 2025: $319.9M Q1 2025 Q2 2025: $354.0M $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 127 stocks · $354.0M
VV Vngrd Mrgstr LRG-Cap ETF-Usd 12.02% 149,114 $42.5M Add +4.0%
DFUS Dimensional US Eq MKT ETF 9.63% 508,591 $34.1M Add +6.7%
VEA Vanguard Ftse Developed ETF 6.91% 428,980 $24.5M Reduce -0.5%
DFAS Dimensional US Small Cap ETF 6.03% 335,322 $21.4M Add +10.2%
VB Vanguard Most SM-Cap ETF-Usd 5.60% 83,713 $19.8M Add +0.5%
VUG Vanguard Mrngstar GR ETF-Sui 3.74% 30,200 $13.2M Reduce -8.1%
VNQ Vanguard Real Estate ETF 3.37% 134,073 $11.9M Reduce -16.1%
MSFT Microsoft Corp. 3.35% 23,863 $11.9M Reduce -0.5%
DFIC Dimensional International Co. 3.16% 359,284 $11.2M Add +16.8%
VWO Vanguard Ftse Emerging Marke 2.95% 210,864 $10.4M Add +3.4%
VCIT Vanguard Int-Term Corporate 2.81% 119,965 $9.9M Add +1.4%
VWOB Vanguard Emerg MKTS Gov BND 2.66% 144,191 $9.4M Add +8.2%
DFAX Dimensional World Ex US Core 2.57% 309,426 $9.1M Reduce -0.4%
VCSH Vanguard S/T Corp. Bond ETF 2.19% 97,711 $7.8M Add +4.5%
DFAI Dimensional International Co. 2.17% 221,749 $7.7M Reduce -1.8%
VTEB Vanguard Tax-Exempt Bond ETF 2.05% 147,712 $7.2M Add +9.1%
VIG Vanguard Dividend Apprec ETF 1.79% 30,987 $6.3M Reduce -4.2%
BIV Vanguard Intermediate-Term B 1.66% 75,767 $5.9M Add +23.6%
VTI VG Morningstar TS MKT ETF-US 1.62% 18,854 $5.7M Reduce -2.8%
DFEM Dimensional Emrg MRKT Core 1.24% 148,270 $4.4M Add +84.5%
LLY Eli Lilly & Co. 1.24% 5,639 $4.4M Reduce -8.1%
SPHY SS SPDR P High Yield ETF 1.19% 177,163 $4.2M Add +8.7%
AAPL Apple Inc. 1.11% 19,096 $3.9M Reduce -0.1%
VTIP Vanguard Short-Term Tips 1.08% 75,889 $3.8M Add +4.3%
BRK.B Berkshire Hathaway Inc. Class B 1.04% 7,607 $3.7M No change
SCHX Schwab US Large-Cap ETF 0.93% 134,651 $3.3M Add +35.4%
VTV Vanguard Mrngstr Val ETF-Aui 0.74% 14,888 $2.6M Reduce -4.3%
WMT Walmart Inc. 0.62% 22,311 $2.2M No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.49% 6,140 $1.7M Reduce -0.9%
JPM JPMorgan Chase & Co. 0.48% 5,824 $1.7M Reduce -4.5%
SHM SS SPDR N Ice St Muni ETF 0.45% 33,168 $1.6M Reduce -0.7%
CINF Cincinnati Financial Corp. 0.43% 10,284 $1.5M Reduce -1.8%
JNJ Johnson & Johnson 0.43% 9,876 $1.5M Add +0.0%
BRK.A Berkshire Hathaway Inc. Class A 0.41% 2 $1.5M No change
PG The Procter & Gamble Co. 0.37% 8,252 $1.3M No change
MUB iShares National Muni Bond E 0.35% 11,788 $1.2M No change
ABBV Abbvie Inc. 0.29% 5,531 $1.0M No change
AMZN Amazon.com Inc. 0.28% 4,576 $1.0M Add +37.3%
SCHA Schwab US Small-Cap ETF 0.28% 39,442 $998K Reduce -43.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.27% 1,537 $949K No change
META Meta Platforms Inc. Class A 0.27% 1,280 $945K Add +28.6%
ORCL Oracle Corp. 0.26% 4,250 $929K Add +2.4%
JCI Johnson Controls Internation 0.24% 8,122 $858K Add +0.0%
MCD McDonald's Corp. 0.23% 2,738 $800K No change
HD Home Depot Inc. 0.22% 2,139 $784K Add +0.2%
LOW Lowe's Cos Inc. 0.22% 3,464 $769K Reduce -8.7%
EMR Emerson Electric Co. 0.20% 5,317 $709K Reduce -0.0%
IWB iShares Russell 1000 ETF 0.19% 2,007 $682K No change
NVDA Nvidia Corp. 0.19% 4,269 $674K Add +48.1%
PAYX Paychex Inc. 0.18% 4,459 $649K No change
LIN Linde PLC 0.18% 1,378 $647K No change
ADP Automatic Data Processing 0.18% 2,085 $643K Reduce -10.3%
AFL Aflac Inc. 0.18% 5,954 $628K No change
ADI Analog Devices Inc. 0.17% 2,550 $607K Reduce -0.4%
PM Philip Morris International 0.17% 3,271 $596K Add +0.0%
GE General Electric filed as GE AEROSPACE 0.16% 2,207 $568K No change
QQQ Invesco QQQ Trust Series 1 0.16% 1,012 $558K Reduce -17.7%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.16% 534 $555K Reduce -2.9%
DVY iShares Select Dividend ETF 0.15% 4,079 $542K No change
NSC Norfolk Southern Corp. 0.15% 2,028 $519K No change
ABT Abbott Laboratories 0.14% 3,724 $507K Add +0.0%
ELV Elevance Health Inc. 0.14% 1,288 $501K Add +0.1%
VYM Vanguard High DVD Yield ETF 0.14% 3,677 $490K No change
NEE Nextera Energy Inc. 0.14% 7,059 $490K Add +0.0%
DFAR Dimensional US Real Est ETF 0.14% 20,479 $480K New
VOO Vanguard S&P 500 ETF 0.13% 823 $468K Add +8.6%
PEP Pepsico Inc. 0.13% 3,518 $465K Reduce -0.1%
LHX L3HARRIS Technologies Inc. 0.13% 1,831 $459K Reduce -5.1%
SYK Stryker Corp. 0.13% 1,126 $445K Reduce -23.0%
CSCO Cisco Systems Inc. 0.13% 6,406 $444K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.13% 3,595 $444K Reduce -5.3%
FDS Factset Research Systems Inc. 0.12% 988 $442K No change
ITW Illinois Tool Works 0.12% 1,775 $439K Add +0.1%
XOM Exxon Mobil Corp. 0.12% 3,944 $425K Reduce -0.1%
GD General Dynamics Corp. 0.12% 1,449 $423K Reduce -0.1%
APD Air Products & Chemicals Inc. 0.12% 1,496 $422K Reduce -0.1%
BLK BlackRock Inc. 0.12% 399 $419K Reduce -6.8%
ED Consolidated Edison Inc. 0.11% 4,010 $402K Reduce -0.0%
CVX Chevron Corp. 0.11% 2,677 $383K Reduce -0.2%
SYY Sysco Corp. 0.10% 4,866 $369K Add +0.1%
MS Morgan Stanley 0.10% 2,593 $365K No change
NVS Novartis AG-Sponsored ADR 0.10% 2,969 $359K No change
SCHF Schwab Intl Equity ETF 0.10% 16,216 $358K Reduce -22.2%
RTX RTX Corp. 0.10% 2,418 $353K No change
VGSH Vanguard Short-Term Treasury 0.10% 5,977 $351K No change
VOOG Vanguard S&P 500 Growth ETF 0.10% 875 $347K No change
ESML iShares ESG Aware MSCI USA S 0.10% 8,365 $346K No change
V Visa Inc. Class A 0.10% 959 $340K Add +0.1%
XLK SS Technology Select Sector 0.10% 1,337 $339K No change
DFCA Dimensional Calfornia MB ETF 0.09% 6,561 $323K New
VT Vanguard Tot World STK ETF 0.09% 2,418 $311K Add +2.2%
MRK Merck & Co. Inc. 0.09% 3,833 $303K Reduce -23.9%
VXUS Vanguard Total Intl Stock 0.09% 4,372 $302K Reduce -5.0%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.08% 1,072 $297K Reduce -1.3%
VTEC Vanguard Ca Tax-Ex Bond 0.08% 3,011 $294K New
GOOG Alphabet Inc. Class C 0.08% 1,648 $292K Reduce -47.5%
WEC WEC Energy Group Inc. 0.08% 2,792 $291K No change
CAT Caterpillar Inc. 0.08% 747 $290K No change
CL Colgate-Palmolive Co. 0.08% 3,185 $290K No change
MDT Medtronic PLC 0.08% 3,321 $289K Reduce -0.1%
ONB Old National Bancorp 0.08% 13,518 $288K No change
XLY SS Consumer Disc Select Sect 0.08% 1,295 $281K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.08% 954 $281K No change
COST Costco Wholesale Corp. 0.08% 283 $280K No change
PSX Phillips 66 0.08% 2,323 $277K Reduce -0.1%
GEV GE Vernova Inc. 0.08% 520 $275K New
DUK Duke Energy Corp. 0.08% 2,287 $270K No change
WFC Wells Fargo & Co. 0.07% 3,291 $264K No change
VEU Vanguard Ftse All-World Ex-U 0.07% 3,826 $257K No change
VZ Verizon Communications Inc. 0.07% 5,806 $251K Reduce -0.0%
IQLT iShares MSCI International Q 0.07% 5,777 $250K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.07% 566 $249K No change
COP Conocophillips 0.07% 2,767 $248K Reduce -0.6%
TGT Target Corp. 0.07% 2,488 $245K Reduce -3.1%
ES Eversource Energy 0.07% 3,827 $243K Reduce -0.5%
FQAL Fidelity Quality Factor ETF 0.07% 3,488 $243K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 1,921 $238K New
SUB iShares Short-Term National 0.07% 2,210 $235K New
SHW The Sherwin-Williams Co. 0.07% 673 $231K No change
IVV iShares Core S&P 500 ETF 0.06% 352 $219K New
MMM 3M Co. 0.06% 1,429 $217K No change
VGT Vanguard Info Tech ETF 0.06% 318 $211K New
SPHQ Invesco S&P 500 Quality ETF 0.06% 2,898 $207K New
CLX Clorox Company 0.06% 1,696 $204K Reduce -0.1%
AVUV Avantis US Small Cap Value 0.06% 2,235 $204K New
T AT&T Inc. 0.06% 6,935 $201K New
HURA Tuhura Biosciences Inc. 0.02% 31,444 $70K No change

Portfolio Sells Q1 2025 → Q2 2025
VNQ Vanguard Real Estate ETF Reduce -16.1% 3.37% −1.15
LLY Eli Lilly & Co. Reduce -8.1% 1.24% −0.34
SCHA Schwab US Small-Cap ETF Reduce -43.0% 0.28% −0.22
AAPL Apple Inc. Reduce -0.1% 1.11% −0.22
VIG Vanguard Dividend Apprec ETF Reduce -4.2% 1.79% −0.17
VTV Vanguard Mrngstr Val ETF-Aui Reduce -4.3% 0.74% −0.10
WM Waste Management Inc. Sold out 0.00% −0.09
BDX Becton Dickinson and Co. Sold out 0.00% −0.08
GOOGL Alphabet Inc. Class A Sold out 0.00% −0.08
GOOG Alphabet Inc. Class C Reduce -47.5% 0.08% −0.07
VUG Vanguard Mrngstar GR ETF-Sui Reduce -8.1% 3.74% −0.07
BP BP PLC-Spons ADR Sold out 0.00% −0.07
LOW Lowe's Cos Inc. Reduce -8.7% 0.22% −0.06
MRK Merck & Co. Inc. Reduce -23.9% 0.09% −0.06
CINF Cincinnati Financial Corp. Reduce -1.8% 0.43% −0.05
SHM SS SPDR N Ice St Muni ETF Reduce -0.7% 0.45% −0.05
VTI VG Morningstar TS MKT ETF-US Reduce -2.8% 1.62% −0.05
SYK Stryker Corp. Reduce -23.0% 0.13% −0.04
ADP Automatic Data Processing Reduce -10.3% 0.18% −0.04
DFAI Dimensional International Co. Reduce -1.8% 2.17% −0.04
PEP Pepsico Inc. Reduce -0.1% 0.13% −0.03
CVX Chevron Corp. Reduce -0.2% 0.11% −0.03
SCHF Schwab Intl Equity ETF Reduce -22.2% 0.10% −0.03
XOM Exxon Mobil Corp. Reduce -0.1% 0.12% −0.03
ED Consolidated Edison Inc. Reduce -0.0% 0.11% −0.03
QQQ Invesco QQQ Trust Series 1 Reduce -17.7% 0.16% −0.02
COP Conocophillips Reduce -0.6% 0.07% −0.02
CLX Clorox Company Reduce -0.1% 0.06% −0.02
TJX TJX Companies Inc. Reduce -5.3% 0.13% −0.02
APD Air Products & Chemicals Inc. Reduce -0.1% 0.12% −0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -0.9% 0.49% −0.02
TGT Target Corp. Reduce -3.1% 0.07% −0.01
GWW WW Grainger Inc. Reduce -2.9% 0.16% −0.01
MDT Medtronic PLC Reduce -0.1% 0.08% −0.01
PSX Phillips 66 Reduce -0.1% 0.08% −0.01
VZ Verizon Communications Inc. Reduce -0.0% 0.07% −0.01
BLK BlackRock Inc. Reduce -6.8% 0.12% −0.01
ES Eversource Energy Reduce -0.5% 0.07% −0.01
GD General Dynamics Corp. Reduce -0.1% 0.12% −0.00
VXUS Vanguard Total Intl Stock Reduce -5.0% 0.09% −0.00
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -1.3% 0.08% −0.00
LHX L3HARRIS Technologies Inc. Reduce -5.1% 0.13% +0.00
JPM JPMorgan Chase & Co. Reduce -4.5% 0.48% +0.01
ADI Analog Devices Inc. Reduce -0.4% 0.17% +0.01
EMR Emerson Electric Co. Reduce -0.0% 0.20% +0.02
DFAX Dimensional World Ex US Core Reduce -0.4% 2.57% +0.02
VEA Vanguard Ftse Developed ETF Reduce -0.5% 6.91% +0.06
MSFT Microsoft Corp. Reduce -0.5% 3.35% +0.54

Portfolio Buys Q1 2025 → Q2 2025
DFUS Dimensional US Eq MKT ETF Add +6.7% 9.63% +0.62
DFEM Dimensional Emrg MRKT Core Add +84.5% 1.24% +0.58
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +4.0% 12.02% +0.50
DFIC Dimensional International Co. Add +16.8% 3.16% +0.48
DFAS Dimensional US Small Cap ETF Add +10.2% 6.03% +0.35
SCHX Schwab US Large-Cap ETF Add +35.4% 0.93% +0.24
BIV Vanguard Intermediate-Term B Add +23.6% 1.66% +0.19
DFAR Dimensional US Real Est ETF New 0.14% +0.14
NVDA Nvidia Corp. Add +48.1% 0.19% +0.09
DFCA Dimensional Calfornia MB ETF New 0.09% +0.09
META Meta Platforms Inc. Class A Add +28.6% 0.27% +0.09
AMZN Amazon.com Inc. Add +37.3% 0.28% +0.09
VTEC Vanguard Ca Tax-Ex Bond New 0.08% +0.08
ORCL Oracle Corp. Add +2.4% 0.26% +0.08
GEV GE Vernova Inc. New 0.08% +0.08
DIS The Walt Disney Co. New 0.07% +0.07
SUB iShares Short-Term National New 0.07% +0.07
IVV iShares Core S&P 500 ETF New 0.06% +0.06
VWO Vanguard Ftse Emerging Marke Add +3.4% 2.95% +0.06
VGT Vanguard Info Tech ETF New 0.06% +0.06
SPHQ Invesco S&P 500 Quality ETF New 0.06% +0.06
AVUV Avantis US Small Cap Value New 0.06% +0.06
T AT&T Inc. New 0.06% +0.06
JCI Johnson Controls Internation Add +0.0% 0.24% +0.04
VOO Vanguard S&P 500 ETF Add +8.6% 0.13% +0.01
PM Philip Morris International Add +0.0% 0.17% +0.01
VT Vanguard Tot World STK ETF Add +2.2% 0.09% +0.00
SPHY SS SPDR P High Yield ETF Add +8.7% 1.19% −0.00
V Visa Inc. Class A Add +0.1% 0.10% −0.01
SYY Sysco Corp. Add +0.1% 0.10% −0.01
ABT Abbott Laboratories Add +0.0% 0.14% −0.01
VWOB Vanguard Emerg MKTS Gov BND Add +8.2% 2.66% −0.01
ITW Illinois Tool Works Add +0.1% 0.12% −0.01
NEE Nextera Energy Inc. Add +0.0% 0.14% −0.02
HD Home Depot Inc. Add +0.2% 0.22% −0.02
ELV Elevance Health Inc. Add +0.1% 0.14% −0.03
VTEB Vanguard Tax-Exempt Bond ETF Add +9.1% 2.05% −0.05
VTIP Vanguard Short-Term Tips Add +4.3% 1.08% −0.06
JNJ Johnson & Johnson Add +0.0% 0.43% −0.09
VCSH Vanguard S/T Corp. Bond ETF Add +4.5% 2.19% −0.11
VB Vanguard Most SM-Cap ETF-Usd Add +0.5% 5.60% −0.17
VCIT Vanguard Int-Term Corporate Add +1.4% 2.81% −0.21

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