Milestone Investment Advisors LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 30, 2024), Milestone Investment Advisors LLC reported 127 stock positions worth $357.0 million. Its top holding was Invesco S&P 500 Quality ETF (SPHQ) at 9.9% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 8.7%) and Schwab US Large-Cap ETF (SCHX, 7.2%). Compared with Q2 2024, it opened 3 new positions, sold out of 8, added to 36 and reduced 44. The biggest buy was JPMorgan Core Plus Bond ETF (JCPB, shares +29%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −84%).

Most Recent 13F
Q2 2026
Location
MIDDLETON, WI
CIK
0001967018
Portfolio Value
$357.0M (Q3 2024)
SEC Filing
0001967018-24-000003 ↗ filed Oct 30, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $370.8M Q1 2024 Q2 2024: $376.1M Q2 2024 Q3 2024: $357.0M $357.0M Q3 2024 Q4 2024: $368.1M Q4 2024 Q1 2025: $360.3M Q1 2025 Q2 2025: $383.3M Q2 2025 Q3 2025: $402.5M Q3 2025 Q4 2025: $413.1M Q4 2025 Q1 2026: $414.0M Q1 2026 Q2 2026: $462.7M Q2 2026

Holdings 127 stocks · $357.0M
SPHQ Invesco S&P 500 Quality ETF 9.86% 523,245 $35.2M Reduce -14.1%
SCHG Schwab US Large-Cap Growth 8.65% 296,509 $30.9M Reduce -1.9%
SCHX Schwab US Large-Cap ETF 7.22% 379,876 $25.8M Reduce -6.9%
JCPB JPMorgan Core Plus Bond ETF 5.30% 392,319 $18.9M Add +28.6%
VUG Vanguard Mrngstar GR ETF-Sui 5.07% 47,117 $18.1M Reduce -1.0%
XMHQ Invesco S&P Midcap Qual ETF 4.66% 162,300 $16.6M Reduce -6.7%
FDVV Fidelity High Dividend ETF 3.62% 255,002 $12.9M Add +12.9%
SCHB Schwab US Broad Market ETF 3.53% 189,633 $12.6M Reduce -2.3%
SCHM Schwab US Mid Cap ETF 3.19% 136,906 $11.4M Reduce -4.3%
IVV iShares Core S&P 500 ETF 3.00% 18,584 $10.7M Add +22.9%
VYM Vanguard High DVD Yield ETF 2.52% 70,286 $9.0M Add +0.8%
SUSB iShares ESG Aware 1-5 Year U 2.16% 306,955 $7.7M Reduce -0.5%
USFR Wisdomtree Floating Rate Tre 2.15% 152,564 $7.7M Reduce -2.9%
FNDX Schwab Fndmntl US LRG Co. ETF 2.11% 104,812 $7.5M Add +5.5%
VCSH Vanguard S/T Corp. Bond ETF 2.04% 91,814 $7.3M Reduce -2.7%
SCHD Schwab US DVD Equity ETF 1.98% 83,491 $7.1M Reduce -37.5%
IWY iShares Russell Top 200 Grow 1.78% 28,961 $6.4M Reduce -33.4%
XLK SS Technology Select Sector 1.56% 24,653 $5.6M Reduce -8.3%
IQLT iShares MSCI International Q 1.54% 132,360 $5.5M Reduce -0.2%
RSP Invesco S&P 500 Equal Weight 1.49% 29,669 $5.3M Reduce -1.1%
DIHP Dimensional International Hi 1.29% 165,982 $4.6M Add +0.7%
HELO JPMorgan Hedged Equity ETF 1.28% 74,807 $4.6M Add +13.8%
JSCP JPMorgan Short Duration Core 1.23% 92,231 $4.4M Reduce -4.6%
USMV iShares MSCI USA Min Vol Fac 1.22% 47,842 $4.4M Add +0.3%
BIV Vanguard Intermediate-Term B 1.20% 54,893 $4.3M Add +41.6%
VTI VG Morningstar TS MKT ETF-US 1.20% 15,098 $4.3M Reduce -83.6%
OMFL Invesco Russell 1000 DYN M/F 1.16% 78,163 $4.1M Reduce -55.3%
SCHF Schwab Intl Equity ETF 1.07% 93,132 $3.8M Reduce -2.1%
SPGP Invesco S&P 500 Garp ETF 1.02% 34,911 $3.7M Reduce -3.5%
VTV Vanguard Mrngstr Val ETF-Aui 0.99% 20,236 $3.5M Add +3.0%
SPLV Invesco S&P 500 Low Volatili 0.97% 48,205 $3.5M Reduce -0.3%
EMNT PIMCO Enhcd St M-Active ESG 0.96% 34,622 $3.4M Reduce -0.6%
SPYX SS SPDR S&P 500 Foss FL ETF 0.93% 70,495 $3.3M Add +0.2%
IGM iShares Expanded Tech Sector 0.90% 33,428 $3.2M Reduce -6.4%
VRIG Invesco Variable Rate Invest 0.87% 123,988 $3.1M Reduce -5.0%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.65% 64,089 $2.3M Add +45.4%
IJR iShares Core S&P Small-Cap E 0.62% 18,835 $2.2M Reduce -1.4%
SCHO Schwab Short-Term US Treas 0.60% 43,837 $2.1M Add +2.1%
JUST Goldman Sachs Just US LRG 0.60% 26,177 $2.1M Add +0.9%
SUSA iShares ESG Optimized MSCI U 0.51% 15,007 $1.8M Reduce -2.2%
SCHA Schwab US Small-Cap ETF 0.42% 29,450 $1.5M No change
EFG iShares MSCI Eafe Growth ETF 0.37% 12,170 $1.3M No change
FNDB Schwab Fndmntl US BRD Mr ETF 0.35% 17,922 $1.3M Reduce -5.8%
ICLN iShares Global Clean Energy 0.35% 83,939 $1.2M Add +2.6%
VEA Vanguard Ftse Developed ETF 0.31% 20,915 $1.1M Add +7.1%
IBB iShares Biotechnology ETF 0.27% 6,730 $980K Add +36.1%
LGLV SPDR US LC Low Vol Idx 0.26% 5,452 $923K Reduce -0.6%
SCHV Schwab US Large-Cap Value 0.23% 10,382 $834K No change
AIQ Global X Art Intel & Tech 0.23% 22,029 $819K Add +4.4%
QCLN First Trust Nasdaq Clean Edg 0.22% 21,610 $776K Reduce -7.9%
ESGV Vanguard ESG US Stock ETF 0.20% 7,124 $724K Reduce -13.1%
CGMS Cap Group US Multi-Sect Bond 0.18% 23,703 $660K Add +10.2%
VXUS Vanguard Total Intl Stock 0.18% 10,192 $660K Reduce -84.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.18% 2,476 $653K Reduce -0.8%
SMMU PIMCO SHRT TRM Muni BND ETF 0.16% 11,077 $559K Add +57.1%
VB Vanguard Most SM-Cap ETF-Usd 0.15% 2,263 $537K Add +22.9%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.15% 2,202 $536K Reduce -2.4%
VFVA Vanguard U.S. Value Factor 0.15% 4,297 $518K Add +24.1%
JMUB JPMorgan Municipal ETF 0.14% 9,808 $503K Add +1.7%
FBND Fidelity Total Bond ETF 0.13% 9,852 $460K New
VBR Vngrd Mrngst SL-CP Val ETF-U 0.13% 2,241 $450K Add +65.9%
XLF SS Financial Select Sector 0.12% 9,701 $440K No change
LRGE Clearbridge Large Cap Growth 0.12% 5,907 $431K No change
ESGD iShares Trust iShares ESG Aw 0.12% 4,889 $412K No change
BSV Vanguard Short-Term Bond ETF 0.12% 5,220 $411K Reduce -0.1%
IMFL Invesco Int DVLP DYN Multi 0.10% 14,370 $366K Reduce -20.1%
ESGU iShares ESG Aware MSCI USA 0.10% 2,877 $363K Add +0.1%
ESGG NT Stoxx GLBL ESG ETF 0.10% 2,054 $354K No change
MEAR Ishrs Short Mat Muni Act ETF 0.10% 6,992 $352K Add +132.8%
DSI iShares ESG MSCI KLD 400 ETF 0.09% 3,062 $333K No change
USXF iShares ESG Advance MSCI USA 0.09% 6,786 $333K Add +104.5%
EFV iShares MSCI Eafe Value ETF 0.09% 5,719 $329K No change
VXF Vanguard Extended Market ETF 0.09% 1,758 $320K No change
GRW TCW Durable Growth ETF 0.08% 7,635 $283K No change
FNDF Schwab Fndmn Intl LRG Co. ETF 0.08% 7,232 $270K Reduce -13.2%
ESG NT Stoxx US ESG ETF 0.07% 1,783 $242K No change
SCHR Schwab Intermediate-Term US 0.06% 4,455 $225K No change
RAFE PIMCO Rafi ESG US ETF filed as PIMCO EQUITY SER 0.06% 6,038 $225K Add +0.0%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.06% 741 $198K No change
XLV SS Health Care Select Sector 0.06% 1,281 $197K No change
HYXF iShares ESG Adv High Yield 0.05% 4,039 $191K Add +8.9%
QUAL iShares MSCI USA Quality Fac 0.05% 1,000 $179K No change
DMXF iShares ESG Advanc MSCI Eafe 0.05% 2,363 $170K No change
IWP iShares Russell Mid-Cap Grow 0.05% 1,415 $166K No change
PRF Invesco Rafi US 1000 ETF 0.05% 4,000 $163K No change
NUSC Nuveen ESG Small-Cap ETF 0.04% 3,300 $141K Add +48.2%
EUSB Ishr ESG Advn Universal BD-$ 0.04% 3,119 $138K No change
SCHE Schwab Emrg Mrkts Eqty ETF 0.04% 4,531 $132K Reduce -39.7%
OMFS Invesco RSL 2000 DYN Mltfctr 0.04% 3,172 $125K Reduce -10.5%
VSGX Vanguard ESG Intl Stock ETF 0.03% 1,989 $122K Add +91.3%
IVW iShares S&P 500 Growth ETF 0.03% 1,076 $103K No change
CGMU Cap Group Municipal Income 0.03% 3,625 $100K Reduce -6.2%
IWB iShares Russell 1000 ETF 0.03% 300 $94K No change
XJR Ishr ESG SS S&P Smal-Cap-Usd 0.03% 2,170 $91K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.02% 152 $87K Reduce -3.8%
NULV Nuveen ESG Large-Cap Val ETF 0.02% 2,060 $86K No change
IJJ iShares S&P Mid-Cap 400 Valu 0.02% 669 $83K No change
VCEB Vanguard ESG US Corp. Bond 0.02% 1,102 $71K Add +27.7%
SUSC iShares ESG Aware Usd Corpor 0.02% 3,000 $71K No change
IJK iShares S&P Mid-Cap 400 Grow 0.02% 608 $56K Reduce -4.5%
PRFZ Inv Rafi US 1500 SM-Usd Inc. 0.02% 1,313 $55K No change
IWO iShares Russell 2000 Growth 0.01% 175 $50K No change
DWX State Street SPDR S&P Intern 0.01% 1,249 $48K Reduce -68.6%
NULG Nuveen ESG LRG-Cap GRW ETF 0.01% 533 $44K No change
FENI Fidelity Enhanced Intl ETF 0.01% 1,289 $39K New
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.01% 176 $36K No change
AOR iShares Core 60/40 Balanced 0.01% 555 $33K No change
ASML ASML Holding NV-NY Reg SHS 0.01% 34 $28K New
BND Vanguard Total Bond Market 0.01% 330 $25K No change
QQQ Invesco QQQ Trust Series 1 0.01% 50 $24K Reduce -24.2%
VIG Vanguard Dividend Apprec ETF 0.01% 112 $22K No change
LCTU iShares U.S. Carbon Transiti 0.01% 333 $21K No change
INVESCO EXCH TRADED FD TR II 0.01% 342 $21K Reduce -5.5%
VOO Vanguard S&P 500 ETF 0.01% 37 $20K No change
LCTD iShares World Ex U.S. Carbon 0.00% 290 $14K No change
MOAT Vaneck Morningstar Wide Moat 0.00% 145 $14K No change
IWN iShares Russell 2000 Value E 0.00% 76 $13K No change
CNRG SS SPDR S&P Kensho CLP ETF 0.00% 177 $12K Add +0.6%
GLD SPDR Gold Shares 0.00% 32 $8K No change
ARKK ARK Innovation ETF 0.00% 150 $7K No change
HYDB iShares High Yield Systemati 0.00% 140 $7K Add +40.0%
VDC Vanguard Consumer Staple ETF 0.00% 28 $6K Add +3.7%
SMH Vaneck Semiconductor ETF 0.00% 19 $5K No change
TOKE Cambria Cannabis ETF 0.00% 620 $4K No change
GBTC Grayscale Bitcoin Trust ETF 0.00% 74 $4K No change
RSPE Invesco ESG SP 500 Eq Weight 0.00% 87 $2K No change
AOA iShares Core 80/20 Aggressiv 0.00% 14 $1K Add +250.0%

Portfolio Sells Q2 2024 → Q3 2024
VTI VG Morningstar TS MKT ETF-US Reduce -83.6% 1.20% −5.36
OMFL Invesco Russell 1000 DYN M/F Reduce -55.3% 1.16% −1.28
VXUS Vanguard Total Intl Stock Reduce -84.0% 0.18% −0.84
SCHD Schwab US DVD Equity ETF Reduce -37.5% 1.98% −0.79
IWY iShares Russell Top 200 Grow Reduce -33.4% 1.78% −0.70
SPHQ Invesco S&P 500 Quality ETF Reduce -14.1% 9.86% −0.44
XLK SS Technology Select Sector Reduce -8.3% 1.56% −0.06
JOET Virtus Terranova US Qual Mom Sold out 0.00% −0.03
DWX State Street SPDR S&P Intern Reduce -68.6% 0.01% −0.02
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -39.7% 0.04% −0.02
IMFL Invesco Int DVLP DYN Multi Reduce -20.1% 0.10% −0.02
EFAV iShares MSCI Eafe Min Vol Fa Sold out 0.00% −0.01
ESGV Vanguard ESG US Stock ETF Reduce -13.1% 0.20% −0.01
IUSV iShares Core S&P U.S. Value Sold out 0.00% −0.00
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -13.2% 0.08% −0.00
QQQ Invesco QQQ Trust Series 1 Reduce -24.2% 0.01% −0.00
EEMV iShares MSCI Emg MKT Min Vol Sold out 0.00% −0.00
FNDC Schwab Fndmnt Intl SM Eq ETF Sold out 0.00% −0.00
VRIG Invesco Variable Rate Invest Reduce -5.0% 0.87% −0.00
SPHD Invesco S&P 500 High Dividen Sold out 0.00% −0.00
IJT iShares S&P Small-Cap 600 GR Sold out 0.00% −0.00
QQQM Invesco Nasdaq 100 ETF Sold out 0.00% −0.00
CGMU Cap Group Municipal Income Reduce -6.2% 0.03% +0.00
INVESCO EXCH TRADED FD TR II Reduce -5.5% 0.01% +0.00
IJK iShares S&P Mid-Cap 400 Grow Reduce -4.5% 0.02% +0.00
OMFS Invesco RSL 2000 DYN Mltfctr Reduce -10.5% 0.04% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.8% 0.02% +0.00
IGM iShares Expanded Tech Sector Reduce -6.4% 0.90% +0.00
QCLN First Trust Nasdaq Clean Edg Reduce -7.9% 0.22% +0.01
BSV Vanguard Short-Term Bond ETF Reduce -0.1% 0.12% +0.01
VOT Vngrd Mrngstr MC GRW ETF-Usd Reduce -2.4% 0.15% +0.01
FNDB Schwab Fndmntl US BRD Mr ETF Reduce -5.8% 0.35% +0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -0.8% 0.18% +0.02
JSCP JPMorgan Short Duration Core Reduce -4.6% 1.23% +0.03
SPGP Invesco S&P 500 Garp ETF Reduce -3.5% 1.02% +0.04
LGLV SPDR US LC Low Vol Idx Reduce -0.6% 0.26% +0.04
USFR Wisdomtree Floating Rate Tre Reduce -2.9% 2.15% +0.05
EMNT PIMCO Enhcd St M-Active ESG Reduce -0.6% 0.96% +0.05
SUSA iShares ESG Optimized MSCI U Reduce -2.2% 0.51% +0.05
IJR iShares Core S&P Small-Cap E Reduce -1.4% 0.62% +0.08
SCHF Schwab Intl Equity ETF Reduce -2.1% 1.07% +0.10
VCSH Vanguard S/T Corp. Bond ETF Reduce -2.7% 2.04% +0.10
SPLV Invesco S&P 500 Low Volatili Reduce -0.3% 0.97% +0.13
SUSB iShares ESG Aware 1-5 Year U Reduce -0.5% 2.16% +0.15
IQLT iShares MSCI International Q Reduce -0.2% 1.54% +0.16
XMHQ Invesco S&P Midcap Qual ETF Reduce -6.7% 4.66% +0.17
RSP Invesco S&P 500 Equal Weight Reduce -1.1% 1.49% +0.18
SCHM Schwab US Mid Cap ETF Reduce -4.3% 3.19% +0.23
SCHX Schwab US Large-Cap ETF Reduce -6.9% 7.22% +0.25
SCHB Schwab US Broad Market ETF Reduce -2.3% 3.53% +0.29

Portfolio Buys Q2 2024 → Q3 2024
JCPB JPMorgan Core Plus Bond ETF Add +28.6% 5.30% +1.54
FDVV Fidelity High Dividend ETF Add +12.9% 3.62% +0.81
IVV iShares Core S&P 500 ETF Add +22.9% 3.00% +0.80
BIV Vanguard Intermediate-Term B Add +41.6% 1.20% +0.43
FNDX Schwab Fndmntl US LRG Co. ETF Add +5.5% 2.11% +0.34
VYM Vanguard High DVD Yield ETF Add +0.8% 2.52% +0.33
CGDV Cap Group Dividend Value Add +45.4% 0.65% +0.27
HELO JPMorgan Hedged Equity ETF Add +13.8% 1.28% +0.26
USMV iShares MSCI USA Min Vol Fac Add +0.3% 1.22% +0.16
VTV Vanguard Mrngstr Val ETF-Aui Add +3.0% 0.99% +0.15
DIHP Dimensional International Hi Add +0.7% 1.29% +0.13
FBND Fidelity Total Bond ETF New 0.13% +0.13
SPYX SS SPDR S&P 500 Foss FL ETF Add +0.2% 0.93% +0.10
IBB iShares Biotechnology ETF Add +36.1% 0.27% +0.09
SMMU PIMCO SHRT TRM Muni BND ETF Add +57.1% 0.16% +0.06
JUST Goldman Sachs Just US LRG Add +0.9% 0.60% +0.06
VBR Vngrd Mrngst SL-CP Val ETF-U Add +65.9% 0.13% +0.06
MEAR Ishrs Short Mat Muni Act ETF Add +132.8% 0.10% +0.06
ICLN iShares Global Clean Energy Add +2.6% 0.35% +0.06
VEA Vanguard Ftse Developed ETF Add +7.1% 0.31% +0.05
USXF iShares ESG Advance MSCI USA Add +104.5% 0.09% +0.05
SCHO Schwab Short-Term US Treas Add +2.1% 0.60% +0.05
VB Vanguard Most SM-Cap ETF-Usd Add +22.9% 0.15% +0.04
VFVA Vanguard U.S. Value Factor Add +24.1% 0.15% +0.04
CGMS Cap Group US Multi-Sect Bond Add +10.2% 0.18% +0.03
AIQ Global X Art Intel & Tech Add +4.4% 0.23% +0.03
VSGX Vanguard ESG Intl Stock ETF Add +91.3% 0.03% +0.02
NUSC Nuveen ESG Small-Cap ETF Add +48.2% 0.04% +0.02
JMUB JPMorgan Municipal ETF Add +1.7% 0.14% +0.01
FENI Fidelity Enhanced Intl ETF New 0.01% +0.01
ESGU iShares ESG Aware MSCI USA Add +0.1% 0.10% +0.01
HYXF iShares ESG Adv High Yield Add +8.9% 0.05% +0.01
ASML ASML Holding NV-NY Reg SHS New 0.01% +0.01
RAFE PIMCO Rafi ESG US ETF Add +0.0% 0.06% +0.01
VCEB Vanguard ESG US Corp. Bond Add +27.7% 0.02% +0.01
HYDB iShares High Yield Systemati Add +40.0% 0.00% +0.00
CNRG SS SPDR S&P Kensho CLP ETF Add +0.6% 0.00% +0.00
AOA iShares Core 80/20 Aggressiv Add +250.0% 0.00% +0.00
VDC Vanguard Consumer Staple ETF Add +3.7% 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 141$462.7MSPHQ, SCHG, SCHX, VUG, FDVV
Q1 2026 139$414.0MSPHQ, SCHG, SCHX, FDVV, VUG
Q4 2025 133$413.1MSPHQ, SCHG, SCHX, VUG, FDVV
Q3 2025 125$402.5MSPHQ, SCHG, SCHX, VUG, FDVV
Q2 2025 124$383.3MSPHQ, SCHG, SCHX, VUG, FDVV
Q1 2025 126$360.3MSPHQ, SCHG, SCHX, VUG, FDVV
Q4 2024 130$368.1MSPHQ, SCHG, SCHX, VUG, XMHQ
Q3 2024 127$357.0MSPHQ, SCHG, SCHX, JCPB, VUG
Q2 2024 132$376.1MSPHQ, SCHG, SCHX, VTI, VUG
Q1 2024 128$370.8MSPHQ, SCHG, VTI, SCHX, XMHQ