Investment Advisory Group, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), Investment Advisory Group, LLC reported 194 stock positions worth $388.7 million. Its top holding was Vanguard Mrngstar GR ETF-Sui (VUG) at 7.4% of the portfolio, followed by Vanguard High DVD Yield ETF (VYM, 6.9%) and Dimensional US Core Equity 2 (DFAC, 6.1%). Compared with Q3 2025, it opened 10 new positions, sold out of 5, added to 81 and reduced 70. The biggest buy was Avantis US Large Cap Value (AVLV, shares +251%) and the biggest sale Microsoft (MSFT, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- HANOVER, MA
- CIK
- 0001910273
- Portfolio Value
- $388.7M (Q4 2025)
- SEC Filing
- 0001951757-26-000283 ↗ filed Jan 23, 2026
Holdings Value
Holdings 194 stocks · $388.7M
| VUG Vanguard Mrngstar GR ETF-Sui | 7.44% | 59,286 | $28.9M | Add +3.4% |
| VYM Vanguard High DVD Yield ETF | 6.87% | 186,045 | $26.7M | Add +3.8% |
| DFAC Dimensional US Core Equity 2 | 6.09% | 597,596 | $23.7M | Add +2.3% |
| IVV iShares Core S&P 500 ETF | 4.17% | 23,644 | $16.2M | Add +3.1% |
| IJR iShares Core S&P Small-Cap E | 3.68% | 119,056 | $14.3M | Reduce -0.3% |
| DFUS Dimensional US Eq MKT ETF | 3.53% | 184,735 | $13.7M | Add +4.7% |
| IVW iShares S&P 500 Growth ETF | 2.72% | 85,923 | $10.6M | Add +3.6% |
| AAPL Apple Inc. | 2.17% | 31,028 | $8.4M | Reduce -3.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.05% | 41,647 | $8.0M | Add +2.4% |
| AOM iShares Core 40/60 Moderate | 1.78% | 145,203 | $6.9M | Add +3.3% |
| ITOT iShares Core S&P Total U.S. | 1.63% | 42,650 | $6.3M | Add +1.2% |
| USMV iShares MSCI USA Min Vol Fac | 1.61% | 66,556 | $6.3M | Reduce -2.1% |
| IJH iShares Core S&P Midcap ETF | 1.51% | 89,186 | $5.9M | Add +0.6% |
| VIG Vanguard Dividend Apprec ETF | 1.51% | 26,700 | $5.9M | Add +0.6% |
| DFAX Dimensional World Ex US Core | 1.50% | 177,767 | $5.8M | Add +1.1% |
| AOK iShares Core 30/70 Conservat | 1.49% | 144,388 | $5.8M | Add +1.4% |
| MSFT Microsoft Corp. | 1.45% | 11,641 | $5.6M | Reduce -1.9% |
| AMZN Amazon.com Inc. | 1.43% | 24,117 | $5.6M | Reduce -2.5% |
| VYMI Vanguard Int High DVD YLD Inc. | 1.30% | 56,323 | $5.1M | Reduce -0.0% |
| AVLV Avantis US Large Cap Value | 1.19% | 60,916 | $4.6M | Add +250.6% |
| DFUV Dimensional US Marketwide Va | 1.18% | 98,192 | $4.6M | No change |
| VTI VG Morningstar TS MKT ETF-US | 1.17% | 13,595 | $4.6M | Add +5.0% |
| VOO Vanguard S&P 500 ETF | 1.08% | 6,714 | $4.2M | Add +22.5% |
| DCOR Dimensional US Core Eq 1 ETF | 0.98% | 51,770 | $3.8M | Add +3.5% |
| IVE iShares S&P 500 Value ETF | 0.98% | 17,950 | $3.8M | Add +0.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.97% | 6,161 | $3.8M | Reduce -0.5% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.94% | 69,175 | $3.7M | Add +1.1% |
| DFAS Dimensional US Small Cap ETF | 0.92% | 51,552 | $3.6M | Add +0.4% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.91% | 72,387 | $3.5M | Add +25.1% |
| FBND Fidelity Total Bond ETF | 0.84% | 71,185 | $3.3M | Add +0.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.80% | 37,497 | $3.1M | Add +4.5% |
| VPLS Vanguard Core-Plus Bond ETF | 0.79% | 39,490 | $3.1M | Add +29.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.79% | 11,893 | $3.1M | Add +1.6% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.75% | 62,269 | $2.9M | Add +1.9% |
| PG The Procter & Gamble Co. | 0.73% | 19,698 | $2.8M | Reduce -4.4% |
| SCHD Schwab US DVD Equity ETF | 0.72% | 102,129 | $2.8M | Reduce -14.5% |
| TSLA Tesla Inc. | 0.67% | 5,779 | $2.6M | Reduce -5.7% |
| IWF iShares Russell 1000 Growth | 0.66% | 5,398 | $2.6M | Add +4.7% |
| VGSH Vanguard Short-Term Treasury | 0.66% | 43,469 | $2.6M | Reduce -6.0% |
| NVDA Nvidia Corp. | 0.65% | 13,630 | $2.5M | Reduce -3.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.64% | 27,649 | $2.5M | Reduce -0.9% |
| GOOG Alphabet Inc. Class C | 0.61% | 7,555 | $2.4M | Reduce -1.7% |
| BND Vanguard Total Bond Market | 0.60% | 31,283 | $2.3M | Add +4.4% |
| MDY State Street SPDR S&P Midcap | 0.58% | 3,749 | $2.3M | Add +2.1% |
| HDV iShares Core High Dividend E | 0.55% | 17,641 | $2.1M | Reduce -3.1% |
| DFIV Dimensional International Va | 0.54% | 41,674 | $2.1M | Add +18.1% |
| META Meta Platforms Inc. Class A | 0.53% | 3,136 | $2.1M | Add +0.6% |
| VNQ Vanguard Real Estate ETF | 0.53% | 23,133 | $2.0M | Add +1.0% |
| GOOGL Alphabet Inc. Class A | 0.52% | 6,459 | $2.0M | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 0.51% | 24,934 | $2.0M | Reduce -2.6% |
| VTHR Vanguard Russell 3000 | 0.48% | 6,240 | $1.9M | Add +3.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.47% | 3,653 | $1.8M | Reduce -0.3% |
| DVY iShares Select Dividend ETF | 0.47% | 12,844 | $1.8M | Reduce -0.7% |
| VXUS Vanguard Total Intl Stock | 0.45% | 23,164 | $1.7M | Add +2.7% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.45% | 15,764 | $1.7M | Reduce -0.5% |
| IYW iShares Ustechnology ETF | 0.44% | 8,541 | $1.7M | Add +4.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.44% | 2,485 | $1.7M | Reduce -0.3% |
| XOM Exxon Mobil Corp. | 0.40% | 13,055 | $1.6M | Add +3.9% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.40% | 35,364 | $1.5M | Add +123.4% |
| DFIC Dimensional International Co. | 0.36% | 41,148 | $1.4M | Add +28.3% |
| VEA Vanguard Ftse Developed ETF | 0.36% | 22,221 | $1.4M | Add +2.4% |
| O Realty Income Corp. | 0.35% | 23,995 | $1.4M | Reduce -3.5% |
| JPM JPMorgan Chase & Co. | 0.34% | 4,041 | $1.3M | Reduce -2.0% |
| FELV Fidelity Enh LRG Cap Val ETF | 0.33% | 37,420 | $1.3M | Reduce -0.6% |
| IWD iShares Russell 1000 Value E | 0.33% | 6,049 | $1.3M | Add +9.6% |
| GLD SPDR Gold Shares | 0.32% | 3,186 | $1.3M | Reduce -1.1% |
| VGIT Vanguard Intermediate-Term T | 0.32% | 20,919 | $1.3M | Add +19.9% |
| VOOG Vanguard S&P 500 Growth ETF | 0.32% | 2,793 | $1.2M | Reduce -0.2% |
| DFCF Dimensional Core Fixed Inc. | 0.28% | 25,674 | $1.1M | Add +0.2% |
| ABBV Abbvie Inc. | 0.28% | 4,695 | $1.1M | No change |
| QUAL iShares MSCI USA Quality Fac | 0.28% | 5,395 | $1.1M | Add +0.0% |
| VWO Vanguard Ftse Emerging Marke | 0.27% | 19,769 | $1.1M | Reduce -2.5% |
| DFAU Dimensional US Core Equity M | 0.27% | 22,211 | $1.0M | Reduce -0.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.26% | 3,481 | $1.0M | Add +15.7% |
| XLF SS Financial Select Sector | 0.26% | 18,106 | $992K | Reduce -0.5% |
| FBCG Fidelity Blue Chip Grow ETF | 0.25% | 17,905 | $982K | Reduce -0.0% |
| DGRO iShares Core Dividend Growth | 0.25% | 13,755 | $955K | Add +0.2% |
| LLY Eli Lilly & Co. | 0.24% | 874 | $939K | Add +0.9% |
| PLD Prologis Inc. | 0.24% | 7,347 | $938K | Add +0.3% |
| PYLD PIMCO Multisector Bond Actv | 0.24% | 34,763 | $927K | Add +33.7% |
| JNJ Johnson & Johnson | 0.24% | 4,471 | $925K | Reduce -6.2% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.24% | 18,053 | $923K | Add +1.1% |
| AGG iShares Core U.S. Aggregate | 0.24% | 9,194 | $918K | Reduce -5.6% |
| WELL Welltower Inc. | 0.23% | 4,920 | $913K | No change |
| SCHF Schwab Intl Equity ETF | 0.23% | 37,614 | $904K | Add +33.5% |
| PFF iShares Preferred & Income S | 0.23% | 29,145 | $902K | Add +0.1% |
| DFSU Dimensional US Sus CORE1 ETF | 0.22% | 20,053 | $871K | No change |
| SDSI Amer Cent SH Dur Strat Inc. | 0.22% | 16,500 | $851K | New |
| TPL Texas Pacific Land Corp. | 0.21% | 2,904 | $834K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 2,765 | $819K | Add +6.5% |
| IWR iShares Russell Mid-Cap ETF | 0.19% | 7,823 | $753K | Reduce -0.3% |
| RTX RTX Corp. | 0.18% | 3,893 | $714K | Reduce -1.4% |
| MTUM iShares MSCI USA Momentum Fa | 0.18% | 2,789 | $698K | Add +0.0% |
| XLP SS Consumer Staples Sel Sect | 0.18% | 8,939 | $694K | Add +0.0% |
| AMGN Amgen Inc. | 0.17% | 2,053 | $672K | Reduce -0.2% |
| CMF iShares California Muni Bond | 0.17% | 11,400 | $655K | No change |
| IXUS iShares Core Intl Stock ETF | 0.17% | 7,706 | $652K | Add +0.7% |
| WMT Walmart Inc. | 0.16% | 5,605 | $624K | Add +0.8% |
| SDY SS SPDR S&P Dividend ETF | 0.16% | 4,460 | $621K | No change |
| PLTR Palantir Technologies Inc. Class A | 0.16% | 3,425 | $609K | Reduce -2.0% |
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -1.9% | 1.45% | −0.22 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.3% | 3.68% | −0.18 |
| SCHD Schwab US DVD Equity ETF | Reduce -14.5% | 0.72% | −0.17 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -2.1% | 1.61% | −0.15 |
| PG The Procter & Gamble Co. | Reduce -4.4% | 0.73% | −0.13 |
| VGSH Vanguard Short-Term Treasury | Reduce -6.0% | 0.66% | −0.08 |
| TSLA Tesla Inc. | Reduce -5.7% | 0.67% | −0.07 |
| FMUN Fidelity System Muni BND ETF | Sold out | 0.00% | −0.07 |
| NVDA Nvidia Corp. | Reduce -3.5% | 0.65% | −0.06 |
| O Realty Income Corp. | Reduce -3.5% | 0.35% | −0.06 |
| DD Dupont DE Nemours Inc. | Sold out | 0.00% | −0.06 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.06 |
| VTC Vanguard Total Corporate BND | Sold out | 0.00% | −0.05 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.05 |
| HDV iShares Core High Dividend E | Reduce -3.1% | 0.55% | −0.05 |
| AAPL Apple Inc. | Reduce -3.0% | 2.17% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -2.5% | 1.43% | −0.05 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -2.6% | 0.51% | −0.05 |
| HD Home Depot Inc. | Reduce -26.9% | 0.06% | −0.04 |
| VZ Verizon Communications Inc. | Reduce -18.0% | 0.11% | −0.04 |
| NOBL Proshares S&P 500 Dividend A | Reduce -23.6% | 0.11% | −0.04 |
| IWO iShares Russell 2000 Growth | Reduce -31.4% | 0.07% | −0.04 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.5% | 0.97% | −0.04 |
| DVY iShares Select Dividend ETF | Reduce -0.7% | 0.47% | −0.03 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -0.5% | 0.45% | −0.03 |
| AGG iShares Core U.S. Aggregate | Reduce -5.6% | 0.24% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.3% | 0.47% | −0.03 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.9% | 0.64% | −0.03 |
| T AT&T Inc. | Reduce -2.7% | 0.11% | −0.03 |
| VWO Vanguard Ftse Emerging Marke | Reduce -2.5% | 0.27% | −0.03 |
| MO Altria Group Inc. | Reduce -2.5% | 0.09% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -16.4% | 0.07% | −0.02 |
| ABT Abbott Laboratories | Reduce -4.4% | 0.10% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -2.0% | 0.34% | −0.02 |
| KORP American Century Diversified | Reduce -16.1% | 0.06% | −0.02 |
| PLTR Palantir Technologies Inc. Class A | Reduce -2.0% | 0.16% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.3% | 0.44% | −0.02 |
| LIN Linde PLC | Reduce -0.3% | 0.08% | −0.02 |
| VMC Vulcan Materials Co. | Reduce -11.7% | 0.05% | −0.02 |
| ES Eversource Energy | Reduce -9.9% | 0.05% | −0.01 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.3% | 0.19% | −0.01 |
| DIS The Walt Disney Co. | Reduce -11.6% | 0.06% | −0.01 |
| VOOG Vanguard S&P 500 Growth ETF | Reduce -0.2% | 0.32% | −0.01 |
| IUSV iShares Core S&P U.S. Value | Reduce -6.4% | 0.12% | −0.01 |
| DFAU Dimensional US Core Equity M | Reduce -0.9% | 0.27% | −0.01 |
| XLF SS Financial Select Sector | Reduce -0.5% | 0.26% | −0.01 |
| TIP iShares Tips Bond ETF | Reduce -7.9% | 0.07% | −0.01 |
| NOC Northrop Grumman Corp. | Reduce -3.4% | 0.06% | −0.01 |
| FELV Fidelity Enh LRG Cap Val ETF | Reduce -0.6% | 0.33% | −0.01 |
| FBCG Fidelity Blue Chip Grow ETF | Reduce -0.0% | 0.25% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| AVLV Avantis US Large Cap Value | Add +250.6% | 1.19% | +0.85 |
| SDSI Amer Cent SH Dur Strat Inc. | New | 0.22% | +0.22 |
| CGDV Cap Group Dividend Value | Add +123.4% | 0.40% | +0.22 |
| VOO Vanguard S&P 500 ETF | Add +22.5% | 1.08% | +0.17 |
| VPLS Vanguard Core-Plus Bond ETF | Add +29.3% | 0.79% | +0.14 |
| ISTB iShares Core 1-5 Year Usd Bo | Add +25.1% | 0.91% | +0.14 |
| MUB iShares National Muni Bond E | New | 0.13% | +0.13 |
| DFLV Dim US Large Cap Value ETF | New | 0.10% | +0.10 |
| SUB iShares Short-Term National | New | 0.10% | +0.10 |
| DFIV Dimensional International Va | Add +18.1% | 0.54% | +0.09 |
| DFIC Dimensional International Co. | Add +28.3% | 0.36% | +0.08 |
| DFNM Dimensional National Muni BD | New | 0.07% | +0.07 |
| LLY Eli Lilly & Co. | Add +0.9% | 0.24% | +0.06 |
| TAXF American Century Diver Muni | New | 0.06% | +0.06 |
| MRK Merck & Co. Inc. | New | 0.06% | +0.06 |
| AVGO Broadcom Inc. | New | 0.06% | +0.06 |
| IDEV iShares Core MSCI Dev MKTS | New | 0.05% | +0.05 |
| SCHF Schwab Intl Equity ETF | Add +33.5% | 0.23% | +0.05 |
| INTC Intel Corp. | New | 0.05% | +0.05 |
| PYLD PIMCO Multisector Bond Actv | Add +33.7% | 0.24% | +0.05 |
| DFUS Dimensional US Eq MKT ETF | Add +4.7% | 3.53% | +0.05 |
| IEMG iShares Core MSCI Emerging | Add +77.3% | 0.11% | +0.05 |
| VGIT Vanguard Intermediate-Term T | Add +19.9% | 0.32% | +0.04 |
| IWN iShares Russell 2000 Value E | Add +53.3% | 0.09% | +0.03 |
| BAC Bank of America Corp. | Add +19.6% | 0.14% | +0.02 |
| IAU iShares Gold Trust | Add +15.8% | 0.13% | +0.02 |
| IWD iShares Russell 1000 Value E | Add +9.6% | 0.33% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +15.7% | 0.26% | +0.02 |
| XOM Exxon Mobil Corp. | Add +3.9% | 0.40% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +5.0% | 1.17% | +0.02 |
| SPHY SS SPDR P High Yield ETF | Add +30.7% | 0.09% | +0.02 |
| PLD Prologis Inc. | Add +0.3% | 0.24% | +0.01 |
| IBM Intl Business Machines Corp. | Add +6.5% | 0.21% | +0.01 |
| AVSF Avantis Short-Term Fixed Inc. | Add +16.4% | 0.10% | +0.01 |
| CSCO Cisco Systems Inc. | Add +0.3% | 0.12% | +0.01 |
| AVUV Avantis US Small Cap Value | Add +12.7% | 0.08% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +6.7% | 0.07% | +0.01 |
| STT State Street Corp. | Add +0.2% | 0.10% | +0.01 |
| WMT Walmart Inc. | Add +0.8% | 0.16% | +0.00 |
| IYW iShares Ustechnology ETF | Add +4.8% | 0.44% | +0.00 |
| GILD Gilead Sciences Inc. | Add +2.3% | 0.06% | +0.00 |
| VEA Vanguard Ftse Developed ETF | Add +2.4% | 0.36% | +0.00 |
| DCOR Dimensional US Core Eq 1 ETF | Add +3.5% | 0.98% | +0.00 |
| VCIT Vanguard Int-Term Corporate | Add +7.2% | 0.15% | +0.00 |
| IVW iShares S&P 500 Growth ETF | Add +3.6% | 2.72% | +0.00 |
| HELO JPMorgan Hedged Equity ETF | Add +4.3% | 0.10% | +0.00 |
| IWF iShares Russell 1000 Growth | Add +4.7% | 0.66% | +0.00 |
| ESGV Vanguard ESG US Stock ETF | Add +3.2% | 0.06% | −0.00 |
| VEU Vanguard Ftse All-World Ex-U | Add +2.2% | 0.09% | −0.00 |
| VTHR Vanguard Russell 3000 | Add +3.4% | 0.48% | −0.00 |
Notes & Other Activity Q3 2025 → Q4 2025
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | Sold out | 32,000 | $31Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 220 | $461.0M | VUG, VYM, DFAC, IVV, DFUS |
| Q1 2026 | 194 | $393.4M | VYM, VUG, DFAC, IVV, DFUS |
| Q4 2025 | 194 | $388.7M | VUG, VYM, DFAC, IVV, IJR |
| Q3 2025 | 189 | $367.7M | VUG, VYM, DFAC, IVV, IJR |
| Q2 2025 | 174 | $330.2M | VUG, VYM, DFAC, IVV, IJR |
| Q1 2025 | 168 | $298.9M | VYM, VUG, DFAC, IJR, IVV |
| Q4 2024 | 168 | $298.6M | VUG, VYM, DFAC, IJR, IVV |
| Q3 2024 | 168 | $288.2M | VYM, DFAC, VUG, IJR, IVV |
| Q2 2024 | 165 | $258.8M | DFAC, VUG, VYM, IJR, IVV |
| Q1 2024 | 158 | $241.9M | DFAC, VYM, VUG, IJR, IVV |