Meridian Financial Advisors, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 25, 2025), Meridian Financial Advisors, LLC reported 121 stock positions worth $142.5 million. Its top holding was Schwab US DVD Equity ETF (SCHD) at 7.1% of the portfolio, followed by JPMorgan Ultra-Short Income (JPST, 6.9%) and iShares Core S&P 500 ETF (IVV, 6.0%). Compared with Q4 2024, it opened 9 new positions, sold out of 7, added to 47 and reduced 37. The biggest buy was Schwab US DVD Equity ETF (SCHD, shares +1%) and the biggest sale Microsoft (MSFT, shares −1%).

Most Recent 13F
Q2 2026
Location
HOLLISTON, MA
CIK
0002032629
Portfolio Value
$142.5M (Q1 2025)
SEC Filing
0002032629-25-000004 ↗ filed Apr 25, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $134.0M Q1 2024 Q2 2024: $138.0M Q2 2024 Q3 2024: $149.7M Q3 2024 Q4 2024: $144.8M Q4 2024 Q1 2025: $142.5M $142.5M Q1 2025 Q2 2025: $154.5M Q2 2025 Q3 2025: $177.5M Q3 2025 Q4 2025: $183.6M Q4 2025 Q1 2026: $183.0M Q1 2026 Q2 2026: $208.1M Q2 2026

Holdings 121 stocks · $142.5M
SCHD Schwab US DVD Equity ETF 7.11% 362,375 $10.1M Add +1.1%
JPST JPMorgan Ultra-Short Income 6.94% 195,475 $9.9M Add +1.2%
IVV iShares Core S&P 500 ETF 6.03% 15,297 $8.6M Reduce -0.4%
IJR iShares Core S&P Small-Cap E 4.99% 68,026 $7.1M Add +0.6%
DGRO iShares Core Dividend Growth 4.97% 114,573 $7.1M Reduce -0.7%
IJH iShares Core S&P Midcap ETF 4.84% 118,103 $6.9M Add +0.9%
VO Vngrd Mrngstr MD-Cap ETF-Usd 3.16% 17,422 $4.5M Reduce -1.0%
SPYM Ste STR SPDR PT S&P 500 ETF 2.65% 57,353 $3.8M Add +1.6%
RSP Invesco S&P 500 Equal Weight 2.53% 20,808 $3.6M Add +7.5%
SDY SS SPDR S&P Dividend ETF 2.35% 24,650 $3.3M Add +2.7%
VB Vanguard Most SM-Cap ETF-Usd 2.17% 13,928 $3.1M Reduce -0.8%
DGRW Wisdomtree U.S. Quality Divi 2.10% 37,476 $3.0M Add +2.7%
MSFT Microsoft Corp. 1.88% 7,137 $2.7M Reduce -1.4%
SPSM SS SPDR P S&P 600 Small Cap 1.84% 64,208 $2.6M Add +3.7%
QQQM Invesco Nasdaq 100 ETF 1.73% 12,808 $2.5M Reduce -0.9%
VOT Vngrd Mrngstr MC GRW ETF-Usd 1.54% 8,953 $2.2M Reduce -1.8%
RIGS Alps Strategic Income Fund 1.46% 90,045 $2.1M Add +2.7%
VIG Vanguard Dividend Apprec ETF 1.41% 10,350 $2.0M Add +0.3%
AAPL Apple Inc. 1.33% 8,552 $1.9M Reduce -1.4%
MDY State Street SPDR S&P Midcap 1.25% 3,343 $1.8M Reduce -3.0%
VCSH Vanguard S/T Corp. Bond ETF 1.19% 21,512 $1.7M Add +5.9%
SPHQ Invesco S&P 500 Quality ETF 1.19% 25,524 $1.7M Add +3.8%
SPY SS SPDR S&P 500 ETF Trust-US 1.15% 2,921 $1.6M Reduce -1.1%
SPYG SS SPDR P S&P 500 Growth ETF 1.14% 20,266 $1.6M Add +2.4%
SPMD SS SPDR P S&P 400 Midcap ETF 1.07% 29,889 $1.5M Add +3.4%
MRK Merck & Co. Inc. 1.03% 16,395 $1.5M Add +0.6%
VBK Van Morst SML-Cap Gro-Usd Inc. 1.03% 5,811 $1.5M Add +0.3%
SPSB SS SPDR P St C Corp. ETF 0.99% 47,096 $1.4M Add +27.3%
SLYV SS SPDR S&P 600 SC Val ETF 0.82% 14,987 $1.2M Add +2.6%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.77% 5,895 $1.1M Add +2.9%
DON Wisdomtree US Midcap Dividen 0.74% 21,385 $1.1M Reduce -0.9%
AMZN Amazon.com Inc. 0.70% 5,230 $995K Reduce -0.4%
VCIT Vanguard Int-Term Corporate 0.68% 11,939 $976K Reduce -3.7%
SPLV Invesco S&P 500 Low Volatili 0.68% 13,008 $972K Reduce -0.8%
CSCO Cisco Systems Inc. 0.63% 14,458 $892K Reduce -1.0%
SYLD Cambria Shareholder Yield Et 0.61% 13,696 $874K Add +0.4%
IJJ iShares S&P Mid-Cap 400 Valu 0.60% 7,139 $855K Add +0.0%
VOO Vanguard S&P 500 ETF 0.58% 1,609 $827K Add +21.8%
NOBL Proshares S&P 500 Dividend A 0.55% 7,682 $785K Reduce -2.5%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.54% 9,781 $771K Reduce -2.6%
JPM JPMorgan Chase & Co. 0.53% 3,095 $759K Reduce -0.5%
FBCG Fidelity Blue Chip Grow ETF 0.51% 18,029 $721K Reduce -3.8%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.49% 4,357 $699K Add +0.1%
XLV SS Health Care Select Sector 0.48% 4,664 $681K Add +1.8%
XMHQ Invesco S&P Midcap Qual ETF 0.45% 7,082 $648K Reduce -6.1%
WM Waste Management Inc. 0.45% 2,771 $642K No change
SPIB SS SPDR P Int C Corp. ETF 0.44% 19,010 $632K Add +21.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.41% 1,580 $586K Add +1.0%
VYMI Vanguard Int High DVD YLD Inc. 0.40% 7,689 $567K Add +7.6%
IUSG iShares Core S&P U.S. Growth 0.40% 4,446 $565K Add +21.2%
SUSA iShares ESG Optimized MSCI U 0.40% 4,918 $565K Reduce -2.0%
VYM Vanguard High DVD Yield ETF 0.39% 4,315 $556K Add +6.8%
SCHM Schwab US Mid Cap ETF 0.39% 21,097 $553K Reduce -2.7%
IJT iShares S&P Small-Cap 600 GR 0.38% 4,398 $548K Add +4.1%
FPXI First Trust International Eq 0.38% 11,578 $545K Reduce -3.7%
GOOG Alphabet Inc. Class C 0.36% 3,310 $517K No change
IJK iShares S&P Mid-Cap 400 Grow 0.34% 5,869 $489K Add +4.0%
JNJ Johnson & Johnson 0.32% 2,770 $459K No change
IDHQ Invesco S&P International DE 0.32% 15,260 $457K Add +0.2%
XLK SS Technology Select Sector 0.32% 2,199 $454K Reduce -1.6%
MDYV SS SPDR S&P 400 MC Val ETF 0.31% 5,763 $444K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.31% 1,779 $442K No change
LMT Lockheed Martin Corp. 0.29% 928 $415K No change
SPDG SS SPDR P S&P Sec N D ETF 0.29% 10,928 $413K Add +6.7%
XLF SS Financial Select Sector 0.29% 8,253 $411K Add +6.1%
GOOGL Alphabet Inc. Class A 0.29% 2,644 $409K Reduce -5.0%
MCD McDonald's Corp. 0.29% 1,302 $407K No change
BRK.B Berkshire Hathaway Inc. Class B 0.28% 759 $404K Reduce -1.8%
DIVB iShares Core Dividend ETF 0.27% 8,030 $390K Add +4.0%
SO The Southern Co. 0.27% 4,227 $389K Reduce -8.6%
IGIB iShares 5-10Y Inv Grade Corp. 0.27% 7,344 $386K Reduce -31.3%
EFA iShares MSCI Eafe ETF 0.26% 4,615 $377K Reduce -0.0%
RTX RTX Corp. 0.26% 2,819 $373K Reduce -1.7%
IHF iShares U.S. Healthcare Prov 0.26% 7,065 $373K No change
CVS CVS Health Corp. 0.26% 5,457 $370K No change
SYK Stryker Corp. 0.26% 991 $369K No change
VIGI Vanguard Int Div App Indx FD 0.25% 4,366 $362K Add +10.6%
XMMO Invesco S&P Midcap Momentum 0.25% 3,150 $358K Reduce -3.1%
DIVI Franklin International Core 0.25% 10,743 $350K Add +4.2%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.25% 1,360 $350K No change
CRWD CrowdStrike Holdings Inc. Class A 0.24% 982 $346K No change
RDDT Reddit Inc. Class A 0.24% 3,286 $345K New
VZ Verizon Communications Inc. 0.24% 7,547 $342K Add +1.1%
XLB SS Materials Select Sector 0.24% 3,927 $338K Reduce -2.5%
DSTL Distillate US Fundamental St 0.24% 6,200 $336K No change
SCZ iShares MSCI Eafe Small-Cap 0.23% 5,070 $322K Add +0.0%
SLYG SS SPDR S&P 600 SC GR ETF 0.22% 3,858 $320K Add +3.0%
PG The Procter & Gamble Co. 0.22% 1,855 $316K No change
CVX Chevron Corp. 0.22% 1,860 $311K No change
JMUB JPMorgan Municipal ETF 0.21% 5,938 $297K No change
BALL Ball Corp. 0.20% 5,485 $286K No change
XLI SS Industrial Select Sector 0.20% 2,165 $284K Reduce -1.6%
KOMP SS SPDR S&P Kensho Ne Comp 0.20% 6,006 $279K Reduce -7.0%
XMLV Invesco S&P Midcap Low Volat 0.20% 4,511 $278K No change
D Dominion Energy Inc. 0.19% 4,747 $266K Add +0.8%
UNH Unitedhealth Group Inc. 0.18% 503 $263K No change
AGGY Wisdomtree Yield Enhanced US 0.18% 5,951 $258K Reduce -18.6%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.17% 575 $241K No change
UTHR United Therapeutics Corp. 0.17% 780 $240K No change
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.17% 4,723 $240K Reduce -6.0%
DUK Duke Energy Corp. 0.17% 1,956 $239K No change
USB US Bancorp 0.17% 5,645 $238K Add +0.2%
ABBV Abbvie Inc. 0.17% 1,137 $238K No change
SCHF Schwab Intl Equity ETF 0.17% 12,003 $237K Add +12.8%
AVY Avery Dennison Corp. 0.17% 1,331 $237K No change
AEP American Electric Power 0.17% 2,168 $237K New
KO The Coca-Cola Co. 0.16% 3,217 $230K New
SPDW Ste STR SPDR PT DW Eu ETF 0.16% 6,250 $228K New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.16% 5,351 $223K Add +0.0%
BSJQ Invesco Bulletshares 2026 HY 0.15% 9,469 $220K Add +4.6%
ALNY Alnylam Pharmaceuticals Inc. 0.15% 800 $216K Reduce -11.1%
VEA Vanguard Ftse Developed ETF 0.15% 4,188 $213K New
NEE Nextera Energy Inc. 0.15% 3,002 $213K No change
REGL Prshrs S&P Mid 400 DVD Arist 0.15% 2,618 $211K No change
V Visa Inc. Class A 0.15% 600 $210K New
VTV Vanguard Mrngstr Val ETF-Aui 0.15% 1,208 $209K Add +0.2%
ITW Illinois Tool Works 0.15% 835 $207K No change
VHT Vanguard Health Care ETF 0.14% 774 $205K New
XLC SS Comm Select Sector SPDR 0.14% 2,100 $203K No change
KVUE Kenvue Inc. 0.14% 8,422 $202K New
LVHI Franklin International Low V 0.14% 6,231 $202K New

Portfolio Sells Q4 2024 → Q1 2025
MSFT Microsoft Corp. Reduce -1.4% 1.88% −0.23
IVV iShares Core S&P 500 ETF Reduce -0.4% 6.03% −0.21
AAPL Apple Inc. Reduce -1.4% 1.33% −0.17
AVGO Broadcom Inc. Sold out 0.00% −0.17
VB Vanguard Most SM-Cap ETF-Usd Reduce -0.8% 2.17% −0.16
LLY Eli Lilly & Co. Sold out 0.00% −0.16
ORCL Oracle Corp. Sold out 0.00% −0.16
RWJ Invesco S&P Smallcap 600 Sold out 0.00% −0.16
XHE SS SPDR S&P HC Equip ETF Sold out 0.00% −0.15
PEP Pepsico Inc. Sold out 0.00% −0.15
QQQM Invesco Nasdaq 100 ETF Reduce -0.9% 1.73% −0.14
CYTK Cytokinetics Inc. Sold out 0.00% −0.14
IGIB iShares 5-10Y Inv Grade Corp. Reduce -31.3% 0.27% −0.11
MDY State Street SPDR S&P Midcap Reduce -3.0% 1.25% −0.10
AMZN Amazon.com Inc. Reduce -0.4% 0.70% −0.10
FBCG Fidelity Blue Chip Grow ETF Reduce -3.8% 0.51% −0.09
GOOGL Alphabet Inc. Class A Reduce -5.0% 0.29% −0.08
VOT Vngrd Mrngstr MC GRW ETF-Usd Reduce -1.8% 1.54% −0.06
XMHQ Invesco S&P Midcap Qual ETF Reduce -6.1% 0.45% −0.06
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.1% 1.15% −0.05
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -1.0% 3.16% −0.05
XLK SS Technology Select Sector Reduce -1.6% 0.32% −0.04
AGGY Wisdomtree Yield Enhanced US Reduce -18.6% 0.18% −0.04
KOMP SS SPDR S&P Kensho Ne Comp Reduce -7.0% 0.20% −0.03
SCHM Schwab US Mid Cap ETF Reduce -2.7% 0.39% −0.03
XMMO Invesco S&P Midcap Momentum Reduce -3.1% 0.25% −0.03
SUSA iShares ESG Optimized MSCI U Reduce -2.0% 0.40% −0.03
DON Wisdomtree US Midcap Dividen Reduce -0.9% 0.74% −0.02
FPXI First Trust International Eq Reduce -3.7% 0.38% −0.01
JMST JPM Ultra-Short Muni Income Reduce -6.0% 0.17% −0.01
VCIT Vanguard Int-Term Corporate Reduce -3.7% 0.68% −0.00
XLI SS Industrial Select Sector Reduce -1.6% 0.20% −0.00
XLB SS Materials Select Sector Reduce -2.5% 0.24% +0.00
ALNY Alnylam Pharmaceuticals Inc. Reduce -11.1% 0.15% +0.01
NOBL Proshares S&P 500 Dividend A Reduce -2.5% 0.55% +0.01
SO The Southern Co. Reduce -8.6% 0.27% +0.01
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -2.6% 0.54% +0.02
JPM JPMorgan Chase & Co. Reduce -0.5% 0.53% +0.02
EFA iShares MSCI Eafe ETF Reduce -0.0% 0.26% +0.02
CSCO Cisco Systems Inc. Reduce -1.0% 0.63% +0.03
RTX RTX Corp. Reduce -1.7% 0.26% +0.03
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.8% 0.28% +0.04
SPLV Invesco S&P 500 Low Volatili Reduce -0.8% 0.68% +0.05
DGRO iShares Core Dividend Growth Reduce -0.7% 4.97% +0.08

Portfolio Buys Q4 2024 → Q1 2025
SCHD Schwab US DVD Equity ETF Add +1.1% 7.11% +0.34
RDDT Reddit Inc. Class A New 0.24% +0.24
SPSB SS SPDR P St C Corp. ETF Add +27.3% 0.99% +0.23
JPST JPMorgan Ultra-Short Income Add +1.2% 6.94% +0.22
RSP Invesco S&P 500 Equal Weight Add +7.5% 2.53% +0.19
AEP American Electric Power New 0.17% +0.17
KO The Coca-Cola Co. New 0.16% +0.16
SPDW Ste STR SPDR PT DW Eu ETF New 0.16% +0.16
SDY SS SPDR S&P Dividend ETF Add +2.7% 2.35% +0.16
VEA Vanguard Ftse Developed ETF New 0.15% +0.15
V Visa Inc. Class A New 0.15% +0.15
VHT Vanguard Health Care ETF New 0.14% +0.14
KVUE Kenvue Inc. New 0.14% +0.14
LVHI Franklin International Low V New 0.14% +0.14
VCSH Vanguard S/T Corp. Bond ETF Add +5.9% 1.19% +0.10
VOO Vanguard S&P 500 ETF Add +21.8% 0.58% +0.09
SPIB SS SPDR P Int C Corp. ETF Add +21.2% 0.44% +0.09
VYMI Vanguard Int High DVD YLD Inc. Add +7.6% 0.40% +0.06
DGRW Wisdomtree U.S. Quality Divi Add +2.7% 2.10% +0.06
RIGS Alps Strategic Income Fund Add +2.7% 1.46% +0.06
SPHQ Invesco S&P 500 Quality ETF Add +3.8% 1.19% +0.05
IUSG iShares Core S&P U.S. Growth Add +21.2% 0.40% +0.04
XLV SS Health Care Select Sector Add +1.8% 0.48% +0.04
VIGI Vanguard Int Div App Indx FD Add +10.6% 0.25% +0.04
VYM Vanguard High DVD Yield ETF Add +6.8% 0.39% +0.03
VZ Verizon Communications Inc. Add +1.1% 0.24% +0.03
DIVI Franklin International Core Add +4.2% 0.25% +0.03
SCHF Schwab Intl Equity ETF Add +12.8% 0.17% +0.03
XLF SS Financial Select Sector Add +6.1% 0.29% +0.03
SPDG SS SPDR P S&P Sec N D ETF Add +6.7% 0.29% +0.02
IDHQ Invesco S&P International DE Add +0.2% 0.32% +0.02
DIVB iShares Core Dividend ETF Add +4.0% 0.27% +0.02
SCZ iShares MSCI Eafe Small-Cap Add +0.0% 0.23% +0.01
VIG Vanguard Dividend Apprec ETF Add +0.3% 1.41% +0.01
D Dominion Energy Inc. Add +0.8% 0.19% +0.01
BSJQ Invesco Bulletshares 2026 HY Add +4.6% 0.15% +0.01
VTV Vanguard Mrngstr Val ETF-Aui Add +0.2% 0.15% +0.01
VOE Vngrd Mrngstr MD-Cap Val ETF Add +0.1% 0.49% +0.00
BAC Bank of America Corp. Add +0.0% 0.16% −0.01
SLYG SS SPDR S&P 600 SC GR ETF Add +3.0% 0.22% −0.01
IJT iShares S&P Small-Cap 600 GR Add +4.1% 0.38% −0.01
IJK iShares S&P Mid-Cap 400 Grow Add +4.0% 0.34% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Add +2.9% 0.77% −0.01
IJJ iShares S&P Mid-Cap 400 Valu Add +0.0% 0.60% −0.02
SPMD SS SPDR P S&P 400 Midcap ETF Add +3.4% 1.07% −0.02
USB US Bancorp Add +0.2% 0.17% −0.02
SYLD Cambria Shareholder Yield Et Add +0.4% 0.61% −0.03
VUG Vanguard Mrngstar GR ETF-Sui Add +1.0% 0.41% −0.03
SPYM Ste STR SPDR PT S&P 500 ETF Add +1.6% 2.65% −0.04
SLYV SS SPDR S&P 600 SC Val ETF Add +2.6% 0.82% −0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 146$208.1MIVV, SCHD, QQQ, JPST, DGRO
Q1 2026 141$183.0MSCHD, JPST, IVV, DGRO, QQQ
Q4 2025 141$183.6MJPST, IVV, SCHD, QQQ, DGRO
Q3 2025 140$177.5MJPST, IVV, SCHD, QQQ, DGRO
Q2 2025 127$154.5MJPST, SCHD, IVV, DGRO, IJR
Q1 2025 121$142.5MSCHD, JPST, IVV, IJR, DGRO
Q4 2024 119$144.8MSCHD, JPST, IVV, IJR, IJH
Q3 2024 126$149.7MSCHD, JPST, IVV, IJR, IJH
Q2 2024 120$138.0MJPST, SCHD, IVV, IJR, IJH
Q1 2024 121$134.0MSCHD, JPST, IVV, IJR, IJH