Milestone Investment Advisors LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Milestone Investment Advisors LLC reported 130 stock positions worth $368.1 million. Its top holding was Invesco S&P 500 Quality ETF (SPHQ) at 10.2% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 9.0%) and Schwab US Large-Cap ETF (SCHX, 7.1%). Compared with Q3 2024, it opened 6 new positions, sold out of 3, added to 45 and reduced 37. The biggest buy was Fidelity Total Bond ETF (FBND, shares +2193%) and the biggest sale JPMorgan Core Plus Bond ETF (JCPB, shares −42%).

Most Recent 13F
Q2 2026
Location
MIDDLETON, WI
CIK
0001967018
Portfolio Value
$368.1M (Q4 2024)
SEC Filing
0001967018-25-000001 ↗ filed Feb 12, 2025

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 Q3 2024 Q4 2024: $368.1M $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 130 stocks · $368.1M
SPHQ Invesco S&P 500 Quality ETF 10.21% 560,856 $37.6M Add +7.2%
SCHG Schwab US Large-Cap Growth 8.97% 1,184,715 $33.0M Reduce -0.1%
SCHX Schwab US Large-Cap ETF 7.05% 1,119,646 $26.0M Reduce -1.8%
VUG Vanguard Mrngstar GR ETF-Sui 5.37% 48,190 $19.8M Add +2.3%
XMHQ Invesco S&P Midcap Qual ETF 4.44% 165,983 $16.3M Add +2.3%
FDVV Fidelity High Dividend ETF 3.97% 292,425 $14.6M Add +14.7%
SCHB Schwab US Broad Market ETF 3.68% 597,221 $13.6M Add +5.0%
IVV iShares Core S&P 500 ETF 3.11% 19,459 $11.5M Add +4.7%
SCHM Schwab US Mid Cap ETF 3.01% 400,108 $11.1M Reduce -2.6%
JCPB JPMorgan Core Plus Bond ETF 2.85% 227,777 $10.5M Reduce -41.9%
FBND Fidelity Total Bond ETF 2.75% 225,937 $10.1M Add +2193.3%
VYM Vanguard High DVD Yield ETF 2.50% 72,143 $9.2M Add +2.6%
FNDX Schwab Fndmntl US LRG Co. ETF 2.23% 345,949 $8.2M Add +10.0%
SUSB iShares ESG Aware 1-5 Year U 2.11% 313,906 $7.8M Add +2.3%
VCSH Vanguard S/T Corp. Bond ETF 2.09% 98,670 $7.7M Add +7.5%
SCHD Schwab US DVD Equity ETF 1.87% 251,769 $6.9M Add +0.5%
IWY iShares Russell Top 200 Grow 1.75% 27,316 $6.4M Reduce -5.7%
USFR Wisdomtree Floating Rate Tre 1.66% 121,189 $6.1M Reduce -20.6%
HELO JPMorgan Hedged Equity ETF 1.59% 94,236 $5.8M Add +26.0%
XLK SS Technology Select Sector 1.55% 24,492 $5.7M Reduce -0.7%
BIV Vanguard Intermediate-Term B 1.43% 70,411 $5.3M Add +28.3%
RSP Invesco S&P 500 Equal Weight 1.39% 29,114 $5.1M Reduce -1.9%
VTI VG Morningstar TS MKT ETF-US 1.28% 16,254 $4.7M Add +7.7%
JSCP JPMorgan Short Duration Core 1.27% 99,881 $4.7M Add +8.3%
IQLT iShares MSCI International Q 1.24% 122,884 $4.6M Reduce -7.2%
AVDE Avantis International Equity 1.23% 73,790 $4.5M New
USMV iShares MSCI USA Min Vol Fac 1.15% 47,608 $4.2M Reduce -0.5%
EMNT PIMCO Enhcd St M-Active ESG 1.02% 38,242 $3.8M Add +10.5%
IGM iShares Expanded Tech Sector 1.01% 36,402 $3.7M Add +8.9%
VTV Vanguard Mrngstr Val ETF-Aui 0.93% 20,300 $3.4M Add +0.3%
SPYX SS SPDR S&P 500 Foss FL ETF 0.92% 70,043 $3.4M Reduce -0.6%
SPLV Invesco S&P 500 Low Volatili 0.90% 47,084 $3.3M Reduce -2.3%
SPGP Invesco S&P 500 Garp ETF 0.89% 31,196 $3.3M Reduce -10.6%
SCHF Schwab Intl Equity ETF 0.88% 175,172 $3.2M Reduce -6.0%
SCHO Schwab Short-Term US Treas 0.83% 127,129 $3.1M Add +45.0%
VRIG Invesco Variable Rate Invest 0.81% 118,719 $3.0M Reduce -4.3%
OMFL Invesco Russell 1000 DYN M/F 0.66% 45,121 $2.4M Reduce -42.3%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.66% 68,782 $2.4M Add +7.3%
JUST Goldman Sachs Just US LRG 0.60% 26,594 $2.2M Add +1.6%
IJR iShares Core S&P Small-Cap E 0.59% 18,730 $2.2M Reduce -0.6%
SUSA iShares ESG Optimized MSCI U 0.49% 14,936 $1.8M Reduce -0.5%
LGLV SPDR US LC Low Vol Idx 0.46% 10,278 $1.7M Add +88.5%
SCHA Schwab US Small-Cap ETF 0.45% 64,659 $1.7M Add +9.8%
FNDB Schwab Fndmntl US BRD Mr ETF 0.33% 51,834 $1.2M Reduce -3.6%
EFG iShares MSCI Eafe Growth ETF 0.30% 11,595 $1.1M Reduce -4.7%
VEA Vanguard Ftse Developed ETF 0.26% 20,305 $971K Reduce -2.9%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.26% 3,655 $965K Add +47.6%
IBB iShares Biotechnology ETF 0.25% 6,890 $911K Add +2.4%
AIQ Global X Art Intel & Tech 0.24% 22,682 $876K Add +3.0%
VXUS Vanguard Total Intl Stock 0.23% 14,349 $846K Add +40.8%
SCHV Schwab US Large-Cap Value 0.23% 32,069 $836K Add +3.0%
ESGV Vanguard ESG US Stock ETF 0.21% 7,290 $765K Add +2.3%
FESM Fidelity Enhanced Small Cap 0.20% 23,111 $748K New
CGMS Cap Group US Multi-Sect Bond 0.20% 27,283 $744K Add +15.1%
SMMU PIMCO SHRT TRM Muni BND ETF 0.20% 14,652 $730K Add +32.3%
ICLN iShares Global Clean Energy 0.17% 55,787 $635K Reduce -33.5%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.15% 2,182 $554K Reduce -0.9%
VB Vanguard Most SM-Cap ETF-Usd 0.15% 2,263 $544K No change
JMUB JPMorgan Municipal ETF 0.13% 9,856 $494K Add +0.5%
XLF SS Financial Select Sector 0.12% 9,500 $459K Reduce -2.1%
LRGE Clearbridge Large Cap Growth 0.12% 5,907 $445K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.12% 2,193 $435K Reduce -2.1%
BSV Vanguard Short-Term Bond ETF 0.11% 5,200 $402K Reduce -0.4%
MEAR Ishrs Short Mat Muni Act ETF 0.10% 7,491 $374K Add +7.1%
ESGD iShares Trust iShares ESG Aw 0.10% 4,890 $372K Add +0.0%
ESGU iShares ESG Aware MSCI USA 0.10% 2,879 $371K Add +0.1%
EUSB Ishr ESG Advn Universal BD-$ 0.10% 8,479 $360K Add +171.8%
ESGG NT Stoxx GLBL ESG ETF 0.09% 2,055 $345K Add +0.1%
DSI iShares ESG MSCI KLD 400 ETF 0.09% 3,057 $337K Reduce -0.2%
USXF iShares ESG Advance MSCI USA 0.09% 6,776 $337K Reduce -0.1%
VXF Vanguard Extended Market ETF 0.09% 1,758 $334K No change
EFV iShares MSCI Eafe Value ETF 0.08% 5,320 $279K Reduce -7.0%
GRW TCW Durable Growth ETF 0.08% 8,483 $279K Add +11.1%
HYXF iShares ESG Adv High Yield 0.07% 5,393 $249K Add +33.5%
ESG NT Stoxx US ESG ETF 0.07% 1,783 $246K No change
FNDF Schwab Fndmn Intl LRG Co. ETF 0.07% 7,314 $243K Add +1.1%
RAFE PIMCO Rafi ESG US ETF filed as PIMCO EQUITY SER 0.06% 6,024 $219K Reduce -0.2%
SCHR Schwab Intermediate-Term US 0.06% 8,910 $216K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.06% 741 $208K No change
NULG Nuveen ESG LRG-Cap GRW ETF 0.05% 2,276 $195K Add +327.0%
IWP iShares Russell Mid-Cap Grow 0.05% 1,415 $179K No change
QUAL iShares MSCI USA Quality Fac 0.05% 1,000 $178K No change
XLV SS Health Care Select Sector 0.05% 1,281 $176K No change
PRF Invesco Rafi US 1000 ETF 0.04% 4,000 $161K No change
DMXF iShares ESG Advanc MSCI Eafe 0.04% 2,351 $152K Reduce -0.5%
VCEB Vanguard ESG US Corp. Bond 0.04% 2,381 $148K Add +116.1%
NUSC Nuveen ESG Small-Cap ETF 0.04% 3,300 $138K No change
VSGX Vanguard ESG Intl Stock ETF 0.03% 1,967 $112K Reduce -1.1%
IVW iShares S&P 500 Growth ETF 0.03% 1,076 $109K No change
IMFL Invesco Int DVLP DYN Multi 0.03% 4,597 $108K Reduce -68.0%
BND Vanguard Total Bond Market 0.03% 1,487 $107K Add +350.6%
CGMU Cap Group Municipal Income 0.03% 3,625 $98K No change
IWB iShares Russell 1000 ETF 0.03% 300 $97K No change
DIHP Dimensional International Hi 0.03% 3,718 $94K Reduce -97.8%
XJR Ishr ESG SS S&P Smal-Cap-Usd 0.02% 2,170 $89K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.02% 152 $89K No change
IJJ iShares S&P Mid-Cap 400 Valu 0.02% 669 $84K No change
VFVA Vanguard U.S. Value Factor 0.02% 695 $82K Reduce -83.8%
NULV Nuveen ESG Large-Cap Val ETF 0.02% 2,060 $81K No change
OMFS Invesco RSL 2000 DYN Mltfctr 0.02% 1,992 $79K Reduce -37.2%
SUSC iShares ESG Aware Usd Corpor 0.02% 3,000 $68K No change
IJK iShares S&P Mid-Cap 400 Grow 0.01% 608 $55K No change
PRFZ Inv Rafi US 1500 SM-Usd Inc. 0.01% 1,313 $55K No change
IWO iShares Russell 2000 Growth 0.01% 175 $50K No change
BNDX Vanguard Total Intl Bond ETF 0.01% 994 $49K New
EFIV SS SPDR S&P 500 ESG ETF 0.01% 812 $46K New
DWX State Street SPDR S&P Intern 0.01% 1,249 $44K No change
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.01% 176 $37K No change
AOR iShares Core 60/40 Balanced 0.01% 555 $32K No change
QQQ Invesco QQQ Trust Series 1 0.01% 50 $26K No change
ASML ASML Holding NV-NY Reg SHS 0.01% 34 $24K No change
VIG Vanguard Dividend Apprec ETF 0.01% 112 $22K No change
LCTU iShares U.S. Carbon Transiti 0.01% 333 $21K No change
XMLV Invesco S&P Midcap Low Volat 0.01% 342 $21K New
VOO Vanguard S&P 500 ETF 0.01% 37 $20K No change
MOAT Vaneck Morningstar Wide Moat 0.00% 145 $13K No change
LCTD iShares World Ex U.S. Carbon 0.00% 290 $13K No change
IWN iShares Russell 2000 Value E 0.00% 76 $12K No change
SCHE Schwab Emrg Mrkts Eqty ETF 0.00% 423 $11K Reduce -90.7%
CNRG SS SPDR S&P Kensho CLP ETF 0.00% 177 $11K No change
ARKK ARK Innovation ETF 0.00% 150 $9K No change
GLD SPDR Gold Shares 0.00% 32 $8K No change
HYDB iShares High Yield Systemati 0.00% 140 $7K No change
VDC Vanguard Consumer Staple ETF 0.00% 28 $6K No change
GBTC Grayscale Bitcoin Trust ETF 0.00% 74 $5K No change
XJH Ishare ESG SS S&P Midcap ETF 0.00% 120 $5K New
SMH Vaneck Semiconductor ETF 0.00% 19 $5K No change
TOKE Cambria Cannabis ETF 0.00% 620 $3K No change
RSPE Invesco ESG SP 500 Eq Weight 0.00% 87 $2K No change
AOA iShares Core 80/20 Aggressiv 0.00% 25 $2K Add +78.6%

Portfolio Sells Q3 2024 → Q4 2024
JCPB JPMorgan Core Plus Bond ETF Reduce -41.9% 2.85% −2.45
DIHP Dimensional International Hi Reduce -97.8% 0.03% −1.26
OMFL Invesco Russell 1000 DYN M/F Reduce -42.3% 0.66% −0.50
USFR Wisdomtree Floating Rate Tre Reduce -20.6% 1.66% −0.49
IQLT iShares MSCI International Q Reduce -7.2% 1.24% −0.30
QCLN First Trust Nasdaq Clean Edg Sold out 0.00% −0.22
SCHF Schwab Intl Equity ETF Reduce -6.0% 0.88% −0.19
SCHM Schwab US Mid Cap ETF Reduce -2.6% 3.01% −0.17
ICLN iShares Global Clean Energy Reduce -33.5% 0.17% −0.17
SCHX Schwab US Large-Cap ETF Reduce -1.8% 7.05% −0.17
SPGP Invesco S&P 500 Garp ETF Reduce -10.6% 0.89% −0.13
VFVA Vanguard U.S. Value Factor Reduce -83.8% 0.02% −0.12
RSP Invesco S&P 500 Equal Weight Reduce -1.9% 1.39% −0.10
USMV iShares MSCI USA Min Vol Fac Reduce -0.5% 1.15% −0.08
IMFL Invesco Int DVLP DYN Multi Reduce -68.0% 0.03% −0.07
SPLV Invesco S&P 500 Low Volatili Reduce -2.3% 0.90% −0.07
EFG iShares MSCI Eafe Growth ETF Reduce -4.7% 0.30% −0.06
VRIG Invesco Variable Rate Invest Reduce -4.3% 0.81% −0.06
VEA Vanguard Ftse Developed ETF Reduce -2.9% 0.26% −0.05
IWY iShares Russell Top 200 Grow Reduce -5.7% 1.75% −0.04
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -90.7% 0.00% −0.03
IJR iShares Core S&P Small-Cap E Reduce -0.6% 0.59% −0.03
FNDB Schwab Fndmntl US BRD Mr ETF Reduce -3.6% 0.33% −0.03
SPYX SS SPDR S&P 500 Foss FL ETF Reduce -0.6% 0.92% −0.02
EFV iShares MSCI Eafe Value ETF Reduce -7.0% 0.08% −0.02
OMFS Invesco RSL 2000 DYN Mltfctr Reduce -37.2% 0.02% −0.01
SUSA iShares ESG Optimized MSCI U Reduce -0.5% 0.49% −0.01
XLK SS Technology Select Sector Reduce -0.7% 1.55% −0.01
FENI Fidelity Enhanced Intl ETF Sold out 0.00% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -2.1% 0.12% −0.01
DMXF iShares ESG Advanc MSCI Eafe Reduce -0.5% 0.04% −0.01
BSV Vanguard Short-Term Bond ETF Reduce -0.4% 0.11% −0.01
INVESCO EXCH TRADED FD TR II Sold out 0.00% −0.01
VSGX Vanguard ESG Intl Stock ETF Reduce -1.1% 0.03% −0.00
RAFE PIMCO Rafi ESG US ETF Reduce -0.2% 0.06% −0.00
USXF iShares ESG Advance MSCI USA Reduce -0.1% 0.09% −0.00
DSI iShares ESG MSCI KLD 400 ETF Reduce -0.2% 0.09% −0.00
VOT Vngrd Mrngstr MC GRW ETF-Usd Reduce -0.9% 0.15% +0.00
XLF SS Financial Select Sector Reduce -2.1% 0.12% +0.00
SCHG Schwab US Large-Cap Growth Reduce -0.1% 8.97% +0.32

Portfolio Buys Q3 2024 → Q4 2024
FBND Fidelity Total Bond ETF Add +2193.3% 2.75% +2.62
AVDE Avantis International Equity New 1.23% +1.23
SPHQ Invesco S&P 500 Quality ETF Add +7.2% 10.21% +0.35
FDVV Fidelity High Dividend ETF Add +14.7% 3.97% +0.35
HELO JPMorgan Hedged Equity ETF Add +26.0% 1.59% +0.31
VUG Vanguard Mrngstar GR ETF-Sui Add +2.3% 5.37% +0.31
SCHO Schwab Short-Term US Treas Add +45.0% 0.83% +0.23
BIV Vanguard Intermediate-Term B Add +28.3% 1.43% +0.22
FESM Fidelity Enhanced Small Cap New 0.20% +0.20
LGLV SPDR US LC Low Vol Idx Add +88.5% 0.46% +0.20
SCHB Schwab US Broad Market ETF Add +5.0% 3.68% +0.15
FNDX Schwab Fndmntl US LRG Co. ETF Add +10.0% 2.23% +0.12
IGM iShares Expanded Tech Sector Add +8.9% 1.01% +0.11
IVV iShares Core S&P 500 ETF Add +4.7% 3.11% +0.11
VTI VG Morningstar TS MKT ETF-US Add +7.7% 1.28% +0.08
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +47.6% 0.26% +0.08
EMNT PIMCO Enhcd St M-Active ESG Add +10.5% 1.02% +0.06
EUSB Ishr ESG Advn Universal BD-$ Add +171.8% 0.10% +0.06
VCSH Vanguard S/T Corp. Bond ETF Add +7.5% 2.09% +0.05
VXUS Vanguard Total Intl Stock Add +40.8% 0.23% +0.04
SMMU PIMCO SHRT TRM Muni BND ETF Add +32.3% 0.20% +0.04
NULG Nuveen ESG LRG-Cap GRW ETF Add +327.0% 0.05% +0.04
JSCP JPMorgan Short Duration Core Add +8.3% 1.27% +0.04
SCHA Schwab US Small-Cap ETF Add +9.8% 0.45% +0.03
BND Vanguard Total Bond Market Add +350.6% 0.03% +0.02
VCEB Vanguard ESG US Corp. Bond Add +116.1% 0.04% +0.02
CGMS Cap Group US Multi-Sect Bond Add +15.1% 0.20% +0.02
HYXF iShares ESG Adv High Yield Add +33.5% 0.07% +0.01
BNDX Vanguard Total Intl Bond ETF New 0.01% +0.01
EFIV SS SPDR S&P 500 ESG ETF New 0.01% +0.01
AIQ Global X Art Intel & Tech Add +3.0% 0.24% +0.01
XMLV Invesco S&P Midcap Low Volat New 0.01% +0.01
ESGV Vanguard ESG US Stock ETF Add +2.3% 0.21% +0.00
CGDV Cap Group Dividend Value Add +7.3% 0.66% +0.00
MEAR Ishrs Short Mat Muni Act ETF Add +7.1% 0.10% +0.00
XJH Ishare ESG SS S&P Midcap ETF New 0.00% +0.00
AOA iShares Core 80/20 Aggressiv Add +78.6% 0.00% +0.00
JUST Goldman Sachs Just US LRG Add +1.6% 0.60% 0.00
ESGU iShares ESG Aware MSCI USA Add +0.1% 0.10% −0.00
GRW TCW Durable Growth ETF Add +11.1% 0.08% −0.00
ESGG NT Stoxx GLBL ESG ETF Add +0.1% 0.09% −0.01
JMUB JPMorgan Municipal ETF Add +0.5% 0.13% −0.01
SCHV Schwab US Large-Cap Value Add +3.0% 0.23% −0.01
FNDF Schwab Fndmn Intl LRG Co. ETF Add +1.1% 0.07% −0.01
ESGD iShares Trust iShares ESG Aw Add +0.0% 0.10% −0.01
VYM Vanguard High DVD Yield ETF Add +2.6% 2.50% −0.02
IBB iShares Biotechnology ETF Add +2.4% 0.25% −0.03
VTV Vanguard Mrngstr Val ETF-Aui Add +0.3% 0.93% −0.06
SUSB iShares ESG Aware 1-5 Year U Add +2.3% 2.11% −0.06
SCHD Schwab US DVD Equity ETF Add +0.5% 1.87% −0.11

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