Keudell/Morrison Wealth Management
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 7, 2024), Keudell/Morrison Wealth Management reported 204 stock positions worth $330.4 million. Its top holding was Vanguard Intermediate-Term B (BIV) at 8.3% of the portfolio, followed by Vanguard High DVD Yield ETF (VYM, 5.8%) and Dimensional US Core Equity 2 (DFAC, 4.5%). Compared with Q4 2023, it opened 19 new positions, sold out of 6, added to 91 and reduced 75. The biggest buy was a new position in Simplify Hedged Equity ETF (HEQT) and the biggest sale Vanguard Intermediate-Term B (BIV, shares −19%).
- Most Recent 13F
- Q2 2026
- Location
- Salem, OR
- CIK
- 0001785498
- Portfolio Value
- $330.4M (Q1 2024)
- SEC Filing
- 0001785498-24-000002 ↗ filed May 7, 2024
Holdings Value
Holdings 204 stocks · $330.4M
| BIV Vanguard Intermediate-Term B | 8.34% | 365,325 | $27.5M | Reduce -18.7% |
| VYM Vanguard High DVD Yield ETF | 5.83% | 159,239 | $19.3M | Reduce -3.6% |
| DFAC Dimensional US Core Equity 2 | 4.46% | 461,525 | $14.7M | Reduce -3.2% |
| SCHD Schwab US DVD Equity ETF | 4.25% | 173,990 | $14.0M | Add +9.9% |
| VWOB Vanguard Emerg MKTS Gov BND | 3.74% | 193,737 | $12.4M | Add +0.5% |
| AAPL Apple Inc. | 3.51% | 67,689 | $11.6M | Reduce -0.9% |
| HEQT Simplify Hedged Equity ETF | 3.43% | 427,636 | $11.3M | New |
| TPYP Managed Portfolio Series | 3.42% | 404,678 | $11.3M | Add +1.6% |
| GLDM SPDR Gold Minishares Trust | 3.38% | 253,580 | $11.2M | Add +1.4% |
| MSFT Microsoft Corp. | 2.63% | 20,625 | $8.7M | Reduce -1.2% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.82% | 118,741 | $6.0M | Reduce -2.3% |
| AMZN Amazon.com Inc. | 1.73% | 31,668 | $5.7M | Add +0.7% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 1.64% | 151,799 | $5.4M | Add +7.5% |
| GOOG Alphabet Inc. Class C | 1.59% | 34,562 | $5.3M | Add +0.1% |
| JMUB JPMorgan Municipal ETF | 1.40% | 91,169 | $4.6M | Add +3.1% |
| VDE Vanguard Energy ETF | 1.30% | 32,583 | $4.3M | Add +1.1% |
| ABBV Abbvie Inc. | 1.24% | 22,568 | $4.1M | Reduce -5.8% |
| XOM Exxon Mobil Corp. | 1.19% | 33,690 | $3.9M | Reduce -0.0% |
| LLY Eli Lilly & Co. | 1.17% | 4,961 | $3.9M | Add +7.6% |
| HD Home Depot Inc. | 1.08% | 9,310 | $3.6M | Reduce -0.2% |
| USB US Bancorp | 1.03% | 76,162 | $3.4M | Add +1.5% |
| V Visa Inc. Class A | 1.00% | 11,817 | $3.3M | Add +1.4% |
| XLK SS Technology Select Sector | 0.93% | 14,748 | $3.1M | Reduce -0.0% |
| ELV Elevance Health Inc. | 0.83% | 5,281 | $2.7M | Add +0.0% |
| NKE Nike Inc. Class B | 0.81% | 28,640 | $2.7M | Add +1.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.79% | 5,901 | $2.6M | Add +0.2% |
| QCOM Qualcomm Inc. | 0.78% | 15,199 | $2.6M | Add +0.0% |
| SCHG Schwab US Large-Cap Growth | 0.76% | 27,180 | $2.5M | Add +11.0% |
| CVX Chevron Corp. | 0.72% | 15,068 | $2.4M | Add +1.8% |
| SYK Stryker Corp. | 0.69% | 6,342 | $2.3M | No change |
| JPM JPMorgan Chase & Co. | 0.67% | 11,070 | $2.2M | Reduce -1.1% |
| CAT Caterpillar Inc. | 0.66% | 5,972 | $2.2M | Reduce -0.3% |
| LRCX Lam Research Corp. | 0.64% | 2,186 | $2.1M | Reduce -0.3% |
| VZ Verizon Communications Inc. | 0.60% | 47,523 | $2.0M | Add +2.3% |
| PM Philip Morris International | 0.60% | 21,545 | $2.0M | Add +0.8% |
| CRM Salesforce Inc. | 0.58% | 6,335 | $1.9M | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.58% | 4,528 | $1.9M | Add +0.2% |
| XCEM Columbia Em Core Ex-China | 0.57% | 60,118 | $1.9M | Add +17.3% |
| NVDA Nvidia Corp. | 0.55% | 2,013 | $1.8M | Add +1.2% |
| GOOGL Alphabet Inc. Class A | 0.54% | 11,802 | $1.8M | Reduce -0.3% |
| MRK Merck & Co. Inc. | 0.50% | 12,621 | $1.7M | Add +1.2% |
| RTX RTX Corp. | 0.50% | 17,044 | $1.7M | Add +0.1% |
| VIG Vanguard Dividend Apprec ETF | 0.49% | 8,905 | $1.6M | Add +0.6% |
| COST Costco Wholesale Corp. | 0.49% | 2,188 | $1.6M | Reduce -0.2% |
| DGRO iShares Core Dividend Growth | 0.48% | 27,339 | $1.6M | No change |
| T AT&T Inc. | 0.48% | 89,219 | $1.6M | Add +3.0% |
| UNH Unitedhealth Group Inc. | 0.47% | 3,159 | $1.6M | Reduce -7.0% |
| META Meta Platforms Inc. Class A | 0.47% | 3,173 | $1.5M | Reduce -4.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.46% | 20,682 | $1.5M | Add +0.6% |
| ORCL Oracle Corp. | 0.42% | 10,971 | $1.4M | Add +1.1% |
| LTC LTC Properties Inc. filed as LTC PPTYS INC | 0.42% | 42,321 | $1.4M | Reduce -4.2% |
| PG The Procter & Gamble Co. | 0.40% | 8,126 | $1.3M | Reduce -10.2% |
| ADBE Adobe Inc. | 0.39% | 2,549 | $1.3M | Reduce -5.8% |
| JNJ Johnson & Johnson | 0.38% | 8,038 | $1.3M | Reduce -4.0% |
| INTC Intel Corp. | 0.37% | 27,840 | $1.2M | Add +14.3% |
| AMGN Amgen Inc. | 0.37% | 4,247 | $1.2M | Reduce -2.5% |
| MO Altria Group Inc. | 0.36% | 26,964 | $1.2M | Add +6.2% |
| AMJ JPMorgan Alerian MLP Index | 0.34% | 39,132 | $1.1M | Reduce -1.5% |
| NUBD Nuveen ESG US Aggregate Bond | 0.33% | 49,890 | $1.1M | Add +16.4% |
| ASML ASML Holding NV-NY Reg SHS | 0.33% | 1,123 | $1.1M | Add +0.1% |
| DVY iShares Select Dividend ETF | 0.30% | 8,155 | $1.0M | No change |
| BCE Bce Inc. | 0.30% | 29,516 | $1.0M | Add +15.0% |
| CSCO Cisco Systems Inc. | 0.30% | 20,078 | $1.0M | Reduce -2.5% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.30% | 7,729 | $992K | Reduce -0.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.30% | 5,181 | $989K | Reduce -1.9% |
| LHX L3HARRIS Technologies Inc. | 0.29% | 4,440 | $946K | No change |
| CMCSA Comcast Corp. Class A | 0.29% | 21,766 | $944K | Add +3.9% |
| NFLX Netflix Inc. | 0.28% | 1,533 | $931K | Add +2.2% |
| IWO iShares Russell 2000 Growth | 0.28% | 3,399 | $920K | No change |
| BMY Bristol-Myers Squibb Co. | 0.27% | 16,452 | $892K | Add +50.4% |
| SO The Southern Co. | 0.26% | 12,191 | $875K | Add +0.0% |
| ACN Accenture PLC Class A | 0.26% | 2,516 | $872K | Reduce -0.1% |
| UPS United Parcel Service Class B | 0.26% | 5,846 | $869K | Add +20.3% |
| DUK Duke Energy Corp. | 0.26% | 8,981 | $869K | Reduce -2.4% |
| TTE Totalenergies SE -Spon ADR | 0.26% | 12,603 | $867K | Reduce -9.0% |
| WFC Wells Fargo & Co. | 0.26% | 14,792 | $857K | Reduce -9.8% |
| MAR Marriott International Class A | 0.26% | 3,351 | $845K | Reduce -0.7% |
| SBUX Starbucks Corp. | 0.24% | 8,792 | $804K | Reduce -1.7% |
| PMM Franklin Managed Municipal I | 0.24% | 133,709 | $801K | Reduce -22.4% |
| LMT Lockheed Martin Corp. | 0.24% | 1,738 | $790K | Add +4.5% |
| WMT Walmart Inc. | 0.23% | 12,800 | $770K | Reduce -0.1% |
| EFA iShares MSCI Eafe ETF | 0.23% | 9,600 | $767K | Add +7.3% |
| SMH Vaneck Semiconductor ETF | 0.22% | 3,295 | $741K | Add +0.1% |
| AVGO Broadcom Inc. | 0.22% | 552 | $732K | Reduce -9.5% |
| KO The Coca-Cola Co. | 0.21% | 11,591 | $709K | Add +2.2% |
| NOW ServiceNow Inc. | 0.21% | 896 | $683K | Reduce -7.5% |
| TXN Texas Instruments Inc. | 0.21% | 3,915 | $682K | Add +1.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.21% | 17,908 | $679K | Add +1.0% |
| VIGI Vanguard Int Div App Indx FD | 0.20% | 8,260 | $673K | Add +1.2% |
| VWO Vanguard Ftse Emerging Marke | 0.20% | 15,871 | $663K | Add +29.8% |
| BA The Boeing Co. | 0.20% | 3,433 | $663K | Add +7.5% |
| ENB Enbridge Inc. | 0.20% | 18,016 | $652K | Add +1.9% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM TO | 0.20% | 12,820 | $650K | Add +3.8% |
| GILD Gilead Sciences Inc. | 0.20% | 8,852 | $648K | Add +25.4% |
| CCI Crown Castle Inc. | 0.19% | 5,777 | $611K | Add +10.0% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.18% | 10,510 | $605K | Add +1.4% |
| WY Weyerhaeuser Co. | 0.18% | 16,458 | $591K | Add +1.7% |
| BND Vanguard Total Bond Market | 0.18% | 8,082 | $587K | Reduce -18.1% |
| TMO Thermo Fisher Scientific Inc. | 0.18% | 1,006 | $585K | Add +57.2% |
| ABNB Airbnb Inc. Class A | 0.17% | 3,401 | $561K | Add +7.1% |
Portfolio Sells Q4 2023 → Q1 2024
| BIV Vanguard Intermediate-Term B | Reduce -18.7% | 8.34% | −2.99 |
| AAPL Apple Inc. | Reduce -0.9% | 3.51% | −0.83 |
| IWD iShares Russell 1000 Value E | Sold out | 0.00% | −0.28 |
| VYM Vanguard High DVD Yield ETF | Reduce -3.6% | 5.83% | −0.25 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −0.23 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -2.3% | 1.82% | −0.23 |
| BLV Vanguard Long-Term Bond ETF | Sold out | 0.00% | −0.15 |
| ADBE Adobe Inc. | Reduce -5.8% | 0.39% | −0.14 |
| DFAC Dimensional US Core Equity 2 | Reduce -3.2% | 4.46% | −0.13 |
| UNH Unitedhealth Group Inc. | Reduce -7.0% | 0.47% | −0.12 |
| PMM Franklin Managed Municipal I | Reduce -22.4% | 0.24% | −0.10 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.10 |
| BND Vanguard Total Bond Market | Reduce -18.1% | 0.18% | −0.06 |
| LTC LTC Properties Inc. | Reduce -4.2% | 0.42% | −0.05 |
| JNJ Johnson & Johnson | Reduce -4.0% | 0.38% | −0.05 |
| AMGN Amgen Inc. | Reduce -2.5% | 0.37% | −0.05 |
| TTE Totalenergies SE -Spon ADR | Reduce -9.0% | 0.26% | −0.05 |
| ALT Altimmune Inc. | Sold out | 0.00% | −0.04 |
| CSCO Cisco Systems Inc. | Reduce -2.5% | 0.30% | −0.04 |
| SBUX Starbucks Corp. | Reduce -1.7% | 0.24% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -10.2% | 0.40% | −0.04 |
| MUA BlackRock Muniassets Fund | Reduce -13.9% | 0.15% | −0.03 |
| DUK Duke Energy Corp. | Reduce -2.4% | 0.26% | −0.03 |
| MCD McDonald's Corp. | Reduce -16.1% | 0.08% | −0.03 |
| ACN Accenture PLC Class A | Reduce -0.1% | 0.26% | −0.03 |
| HON Honeywell International Inc. | Reduce -15.4% | 0.09% | −0.03 |
| PFE Pfizer Inc. | Reduce -4.4% | 0.15% | −0.03 |
| UL Unilever PLC | Reduce -15.5% | 0.11% | −0.03 |
| POR Portland General Electric Co. | Reduce -3.3% | 0.16% | −0.03 |
| PFN PIMCO Income Strategy FD II | Sold out | 0.00% | −0.02 |
| NVS Novartis AG-Sponsored ADR | Reduce -7.6% | 0.09% | −0.02 |
| NOW ServiceNow Inc. | Reduce -7.5% | 0.21% | −0.02 |
| EPD Enterprise Products Partners | Reduce -16.5% | 0.10% | −0.02 |
| PROSHARES VIX SHORT-TERM FUT | Reduce -3.4% | 0.05% | −0.02 |
| ETN Eaton Corp. PLC | Reduce -31.2% | 0.07% | −0.02 |
| PEP Pepsico Inc. | Reduce -3.9% | 0.16% | −0.02 |
| UNP Union Pacific Corp. | Reduce -0.7% | 0.17% | −0.02 |
| JCI Johnson Controls Internation | Reduce -23.2% | 0.06% | −0.02 |
| BTI British American Tob-SP ADR | Reduce -10.7% | 0.09% | −0.02 |
| NGG National Grid PLC-SP ADR | Reduce -0.6% | 0.16% | −0.02 |
| PXD Pioneer Natural Resources Co. | Reduce -23.2% | 0.07% | −0.01 |
| NXPI NXP Semiconductors NV | Reduce -8.8% | 0.12% | −0.01 |
| ABT Abbott Laboratories | Reduce -3.0% | 0.14% | −0.01 |
| TMUS T-Mobile US Inc. | Reduce -7.0% | 0.07% | −0.01 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -3.9% | 0.14% | −0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.0% | 0.13% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -7.0% | 0.06% | −0.01 |
| ITW Illinois Tool Works | Reduce -1.6% | 0.09% | −0.01 |
| XLK SS Technology Select Sector | Reduce -0.0% | 0.93% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -9.8% | 0.26% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| HEQT Simplify Hedged Equity ETF | New | 3.43% | +3.43 |
| LLY Eli Lilly & Co. | Add +7.6% | 1.17% | +0.28 |
| SCHD Schwab US DVD Equity ETF | Add +9.9% | 4.25% | +0.27 |
| NVDA Nvidia Corp. | Add +1.2% | 0.55% | +0.23 |
| AMZN Amazon.com Inc. | Add +0.7% | 1.73% | +0.15 |
| TGT Target Corp. | New | 0.11% | +0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.11% | +0.11 |
| C Citigroup Inc. | New | 0.09% | +0.09 |
| SCHG Schwab US Large-Cap Growth | Add +11.0% | 0.76% | +0.09 |
| BMY Bristol-Myers Squibb Co. | Add +50.4% | 0.27% | +0.08 |
| KYMR Kymera Therapeutics Inc. | New | 0.08% | +0.08 |
| GS Goldman Sachs Group Inc. | New | 0.08% | +0.08 |
| RSP Invesco S&P 500 Equal Weight | New | 0.08% | +0.08 |
| VMC Vulcan Materials Co. | New | 0.08% | +0.08 |
| VKTX Viking Therapeutics Inc. | New | 0.07% | +0.07 |
| MU Micron Technology Inc. | New | 0.07% | +0.07 |
| AIG American International Group | New | 0.07% | +0.07 |
| VNQ Vanguard Real Estate ETF | New | 0.07% | +0.07 |
| CEG Constellation Energy | New | 0.07% | +0.07 |
| TMO Thermo Fisher Scientific Inc. | Add +57.2% | 0.18% | +0.06 |
| CAG Conagra Brands Inc. | New | 0.06% | +0.06 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +7.5% | 1.64% | +0.06 |
| WDAY Workday Inc. Class A | New | 0.06% | +0.06 |
| MFC Manulife Financial Corp. | New | 0.06% | +0.06 |
| SAP Sap SE-Sponsored ADR | New | 0.06% | +0.06 |
| GD General Dynamics Corp. | New | 0.06% | +0.06 |
| MRK Merck & Co. Inc. | Add +1.2% | 0.50% | +0.06 |
| XCEM Columbia Em Core Ex-China | Add +17.3% | 0.57% | +0.05 |
| QCOM Qualcomm Inc. | Add +0.0% | 0.78% | +0.05 |
| VDE Vanguard Energy ETF | Add +1.1% | 1.30% | +0.05 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.1% | 0.33% | +0.05 |
| O Realty Income Corp. | Add +78.3% | 0.14% | +0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.2% | 0.58% | +0.04 |
| NFLX Netflix Inc. | Add +2.2% | 0.28% | +0.04 |
| ORCL Oracle Corp. | Add +1.1% | 0.42% | +0.04 |
| HLN Haleon PLC-ADR | New | 0.04% | +0.04 |
| VLO Valero Energy Corp. | Add +6.6% | 0.16% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +29.8% | 0.20% | +0.03 |
| SMH Vaneck Semiconductor ETF | Add +0.1% | 0.22% | +0.03 |
| RTX RTX Corp. | Add +0.1% | 0.50% | +0.03 |
| DIS The Walt Disney Co. | Add +6.7% | 0.11% | +0.03 |
| ABNB Airbnb Inc. Class A | Add +7.1% | 0.17% | +0.03 |
| VZ Verizon Communications Inc. | Add +2.3% | 0.60% | +0.03 |
| SNY Sanofi-ADR | Add +31.3% | 0.16% | +0.02 |
| KMB Kimberly-Clark Corp. | Add +18.1% | 0.16% | +0.02 |
| ADSK Autodesk Inc. | Add +21.1% | 0.12% | +0.02 |
| MO Altria Group Inc. | Add +6.2% | 0.36% | +0.02 |
| NUBD Nuveen ESG US Aggregate Bond | Add +16.4% | 0.33% | +0.02 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +0.6% | 0.46% | +0.02 |
| TPYP Managed Portfolio Series | Add +1.6% | 3.42% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 254 | $529.1M | SCHD, FLXR, DFAC, VWOB, AAPL |
| Q1 2026 | 245 | $489.0M | SCHD, FLXR, DFAC, VWOB, FNDF |
| Q4 2025 | 231 | $475.8M | FLXR, SCHD, VWOB, FNDF, DFAC |
| Q2 2025 | 228 | $450.7M | FLTR, FLBL, SCHD, FNDF, VYM |
| Q1 2025 | 218 | $424.0M | FLBL, FLTR, HEQT, SCHD, FNDF |
| Q4 2024 | 220 | $383.7M | SCHD, FNDF, FLBL, VYM, AAPL |
| Q3 2024 | 219 | $368.4M | FNDF, SCHD, VYM, BIV, AAPL |
| Q2 2024 | 206 | $341.8M | BIV, VYM, SCHD, DFAC, AAPL |
| Q1 2024 | 204 | $330.4M | BIV, VYM, DFAC, SCHD, VWOB |