Milestone Investment Advisors LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 28, 2025), Milestone Investment Advisors LLC reported 126 stock positions worth $360.3 million. Its top holding was Invesco S&P 500 Quality ETF (SPHQ) at 10.0% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 7.7%) and Schwab US Large-Cap ETF (SCHX, 6.6%). Compared with Q4 2024, it opened 7 new positions, sold out of 11, added to 35 and reduced 45. The biggest buy was Vngrd Mrngstr MD-Cap ETF-Usd (VO, shares +831%) and the biggest sale Invesco S&P Midcap Qual ETF (XMHQ, shares −72%).

Most Recent 13F
Q2 2026
Location
MIDDLETON, WI
CIK
0001967018
Portfolio Value
$360.3M (Q1 2025)
SEC Filing
0001967018-25-000002 ↗ filed Apr 28, 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 Q4 2024 Q1 2025: $360.3M $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 126 stocks · $360.3M
SPHQ Invesco S&P 500 Quality ETF 10.04% 544,993 $36.2M Reduce -2.8%
SCHG Schwab US Large-Cap Growth 7.73% 1,112,163 $27.8M Reduce -6.1%
SCHX Schwab US Large-Cap ETF 6.62% 1,080,638 $23.9M Reduce -3.5%
VUG Vanguard Mrngstar GR ETF-Sui 4.64% 45,091 $16.7M Reduce -6.4%
FDVV Fidelity High Dividend ETF 4.27% 309,922 $15.4M Add +6.0%
SCHB Schwab US Broad Market ETF 3.50% 585,229 $12.6M Reduce -2.0%
IVV iShares Core S&P 500 ETF 3.07% 19,711 $11.1M Add +1.3%
FBND Fidelity Total Bond ETF 3.03% 239,302 $10.9M Add +5.9%
JCPB JPMorgan Core Plus Bond ETF 3.01% 230,364 $10.8M Add +1.1%
VYM Vanguard High DVD Yield ETF 2.88% 80,576 $10.4M Add +11.7%
SCHM Schwab US Mid Cap ETF 2.73% 375,126 $9.8M Reduce -6.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 2.44% 34,012 $8.8M Add +830.6%
SUSB iShares ESG Aware 1-5 Year U 2.28% 328,540 $8.2M Add +4.7%
VCSH Vanguard S/T Corp. Bond ETF 2.23% 101,604 $8.0M Add +3.0%
USFR Wisdomtree Floating Rate Tre 2.16% 154,661 $7.8M Add +27.6%
FNDX Schwab Fndmntl US LRG Co. ETF 2.16% 329,416 $7.8M Reduce -4.8%
SCHD Schwab US DVD Equity ETF 1.99% 256,149 $7.2M Add +1.7%
EMNT PIMCO Enhcd St M-Active ESG 1.87% 68,247 $6.7M Add +78.5%
AVDE Avantis International Equity 1.69% 91,798 $6.1M Add +24.4%
SCHO Schwab Short-Term US Treas 1.66% 245,982 $6.0M Add +93.5%
HELO JPMorgan Hedged Equity ETF 1.63% 98,359 $5.9M Add +4.4%
BIV Vanguard Intermediate-Term B 1.51% 71,023 $5.4M Add +0.9%
IWY iShares Russell Top 200 Grow 1.47% 25,160 $5.3M Reduce -7.9%
RSP Invesco S&P 500 Equal Weight 1.39% 28,863 $5.0M Reduce -0.9%
XLK SS Technology Select Sector 1.37% 23,987 $5.0M Reduce -2.1%
USMV iShares MSCI USA Min Vol Fac 1.27% 48,750 $4.6M Add +2.4%
JSCP JPMorgan Short Duration Core 1.21% 92,681 $4.4M Reduce -7.2%
XMHQ Invesco S&P Midcap Qual ETF 1.20% 47,252 $4.3M Reduce -71.5%
VTI VG Morningstar TS MKT ETF-US 1.06% 13,890 $3.8M Reduce -14.5%
FESM Fidelity Enhanced Small Cap 1.04% 127,660 $3.8M Add +452.4%
IQLT iShares MSCI International Q 0.97% 88,326 $3.5M Reduce -28.1%
SPLV Invesco S&P 500 Low Volatili 0.97% 46,778 $3.5M Reduce -0.7%
VTV Vanguard Mrngstr Val ETF-Aui 0.96% 19,919 $3.4M Reduce -1.9%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.92% 93,008 $3.3M Add +35.2%
SCHF Schwab Intl Equity ETF 0.91% 165,100 $3.3M Reduce -5.8%
VRIG Invesco Variable Rate Invest 0.91% 130,133 $3.3M Add +9.6%
SPYX SS SPDR S&P 500 Foss FL ETF 0.87% 68,365 $3.1M Reduce -2.4%
IGM iShares Expanded Tech Sector 0.83% 33,050 $3.0M Reduce -9.2%
SPGP Invesco S&P 500 Garp ETF 0.80% 28,702 $2.9M Reduce -8.0%
OMFL Invesco Russell 1000 DYN M/F 0.61% 41,031 $2.2M Reduce -9.1%
JUST Goldman Sachs Just US LRG 0.54% 24,661 $2.0M Reduce -7.3%
SUSA iShares ESG Optimized MSCI U 0.46% 14,361 $1.6M Reduce -3.9%
LGLV SPDR US LC Low Vol Idx 0.45% 9,398 $1.6M Reduce -8.6%
IJR iShares Core S&P Small-Cap E 0.45% 15,488 $1.6M Reduce -17.3%
SCHA Schwab US Small-Cap ETF 0.42% 64,282 $1.5M Reduce -0.6%
SMMU PIMCO SHRT TRM Muni BND ETF 0.33% 23,960 $1.2M Add +63.5%
VEA Vanguard Ftse Developed ETF 0.30% 21,417 $1.1M Add +5.5%
IBB iShares Biotechnology ETF 0.29% 8,102 $1.0M Add +17.6%
VXUS Vanguard Total Intl Stock 0.26% 15,254 $947K Add +6.3%
FNDB Schwab Fndmntl US BRD Mr ETF 0.25% 38,699 $890K Reduce -25.3%
SCHV Schwab US Large-Cap Value 0.24% 32,069 $852K No change
EFG iShares MSCI Eafe Growth ETF 0.22% 8,034 $803K Reduce -30.7%
AIQ Global X Art Intel & Tech 0.22% 21,768 $792K Reduce -4.0%
CGMS Cap Group US Multi-Sect Bond 0.20% 25,853 $706K Reduce -5.2%
ESGV Vanguard ESG US Stock ETF 0.19% 7,149 $700K Reduce -1.9%
JMUB JPMorgan Municipal ETF 0.18% 12,852 $643K Add +30.4%
FBCG Fidelity Blue Chip Grow ETF 0.18% 15,924 $636K New
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.15% 2,145 $525K Reduce -1.7%
VB Vanguard Most SM-Cap ETF-Usd 0.14% 2,263 $502K No change
XLF SS Financial Select Sector 0.13% 9,500 $473K No change
BSV Vanguard Short-Term Bond ETF 0.13% 6,008 $470K Add +15.5%
ESGD iShares Trust iShares ESG Aw 0.12% 5,398 $441K Add +10.4%
LRGE Clearbridge Large Cap Growth 0.11% 5,907 $412K No change
EUSB Ishr ESG Advn Universal BD-$ 0.11% 9,475 $410K Add +11.8%
MEAR Ishrs Short Mat Muni Act ETF 0.10% 7,491 $376K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.10% 1,939 $361K Reduce -11.6%
ESGU iShares ESG Aware MSCI USA 0.10% 2,881 $351K Add +0.1%
ESGG NT Stoxx GLBL ESG ETF 0.10% 2,055 $349K No change
DSI iShares ESG MSCI KLD 400 ETF 0.09% 3,055 $313K Reduce -0.1%
VXF Vanguard Extended Market ETF 0.08% 1,758 $303K No change
USXF iShares ESG Advance MSCI USA 0.08% 6,382 $298K Reduce -5.8%
EFV iShares MSCI Eafe Value ETF 0.08% 4,873 $287K Reduce -8.4%
HYXF iShares ESG Adv High Yield 0.07% 5,389 $250K Reduce -0.1%
ESG NT Stoxx US ESG ETF 0.07% 1,783 $240K No change
GRW TCW Durable Growth ETF 0.06% 7,033 $233K Reduce -17.1%
SCHR Schwab Intermediate-Term US 0.06% 8,910 $222K No change
RAFE PIMCO Rafi ESG US ETF filed as PIMCO EQUITY SER 0.06% 5,925 $215K Reduce -1.6%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.06% 5,724 $207K Reduce -21.7%
XLV SS Health Care Select Sector 0.05% 1,281 $187K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.05% 741 $187K No change
NULG Nuveen ESG LRG-Cap GRW ETF 0.05% 2,276 $178K No change
QUAL iShares MSCI USA Quality Fac 0.05% 1,000 $171K No change
IWP iShares Russell Mid-Cap Grow 0.05% 1,415 $166K No change
PRF Invesco Rafi US 1000 ETF 0.04% 4,000 $162K No change
DMXF iShares ESG Advanc MSCI Eafe 0.04% 2,351 $158K No change
VSGX Vanguard ESG Intl Stock ETF 0.04% 2,658 $157K Add +35.1%
VCEB Vanguard ESG US Corp. Bond 0.04% 2,370 $149K Reduce -0.5%
NUSC Nuveen ESG Small-Cap ETF 0.03% 3,276 $126K Reduce -0.7%
IWO iShares Russell 2000 Growth 0.03% 457 $117K Add +161.1%
IWF iShares Russell 1000 Growth 0.03% 311 $112K New
IVW iShares S&P 500 Growth ETF 0.03% 1,076 $100K No change
CGMU Cap Group Municipal Income 0.03% 3,625 $97K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.03% 173 $97K Add +13.8%
NULV Nuveen ESG Large-Cap Val ETF 0.03% 2,354 $95K Add +14.3%
IWB iShares Russell 1000 ETF 0.03% 300 $92K No change
IMFL Invesco Int DVLP DYN Multi 0.02% 3,337 $82K Reduce -27.4%
XJR Ishr ESG SS S&P Smal-Cap-Usd 0.02% 2,170 $82K No change
IJJ iShares S&P Mid-Cap 400 Valu 0.02% 669 $80K No change
SUSC iShares ESG Aware Usd Corpor 0.02% 3,000 $69K No change
IJK iShares S&P Mid-Cap 400 Grow 0.01% 608 $51K No change
PRFZ Inv Rafi US 1500 SM-Usd Inc. 0.01% 1,313 $50K No change
OMFS Invesco RSL 2000 DYN Mltfctr 0.01% 1,297 $49K Reduce -34.9%
DWX State Street SPDR S&P Intern 0.01% 1,249 $48K No change
IWR iShares Russell Mid-Cap ETF 0.01% 562 $48K New
EFIV SS SPDR S&P 500 ESG ETF 0.01% 815 $44K Add +0.4%
IWD iShares Russell 1000 Value E 0.01% 218 $41K New
IEMG iShares Core MSCI Emerging 0.01% 735 $40K New
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.01% 176 $35K No change
AOR iShares Core 60/40 Balanced 0.01% 555 $32K No change
PPA Invesco Aerospace & Defense 0.01% 213 $25K New
VIG Vanguard Dividend Apprec ETF 0.01% 112 $22K No change
LCTU iShares U.S. Carbon Transiti 0.01% 333 $20K No change
XMLV Invesco S&P Midcap Low Volat 0.01% 318 $20K Reduce -7.0%
VOO Vanguard S&P 500 ETF 0.01% 37 $19K No change
LCTD iShares World Ex U.S. Carbon 0.00% 290 $13K No change
IEF iShares 7-10 Year Treasury B 0.00% 135 $13K New
SCHE Schwab Emrg Mrkts Eqty ETF 0.00% 423 $12K No change
IWN iShares Russell 2000 Value E 0.00% 76 $11K No change
GLD SPDR Gold Shares 0.00% 32 $9K No change
CNRG SS SPDR S&P Kensho CLP ETF 0.00% 178 $9K Add +0.6%
ARKK ARK Innovation ETF 0.00% 150 $7K No change
HYDB iShares High Yield Systemati 0.00% 140 $7K No change
VDC Vanguard Consumer Staple ETF 0.00% 28 $6K No change
XJH Ishare ESG SS S&P Midcap ETF 0.00% 120 $5K No change
AOA iShares Core 80/20 Aggressiv 0.00% 32 $2K Add +28.0%
RSPE Invesco ESG SP 500 Eq Weight 0.00% 87 $2K No change

Portfolio Sells Q4 2024 → Q1 2025
XMHQ Invesco S&P Midcap Qual ETF Reduce -71.5% 1.20% −3.24
SCHG Schwab US Large-Cap Growth Reduce -6.1% 7.73% −1.24
VUG Vanguard Mrngstar GR ETF-Sui Reduce -6.4% 4.64% −0.73
SCHX Schwab US Large-Cap ETF Reduce -3.5% 6.62% −0.43
SCHM Schwab US Mid Cap ETF Reduce -6.2% 2.73% −0.28
IWY iShares Russell Top 200 Grow Reduce -7.9% 1.47% −0.27
IQLT iShares MSCI International Q Reduce -28.1% 0.97% −0.27
VTI VG Morningstar TS MKT ETF-US Reduce -14.5% 1.06% −0.22
SCHB Schwab US Broad Market ETF Reduce -2.0% 3.50% −0.19
IGM iShares Expanded Tech Sector Reduce -9.2% 0.83% −0.18
SPHQ Invesco S&P 500 Quality ETF Reduce -2.8% 10.04% −0.18
ICLN iShares Global Clean Energy Sold out 0.00% −0.17
XLK SS Technology Select Sector Reduce -2.1% 1.37% −0.17
IJR iShares Core S&P Small-Cap E Reduce -17.3% 0.45% −0.14
SPGP Invesco S&P 500 Garp ETF Reduce -8.0% 0.80% −0.09
EFG iShares MSCI Eafe Growth ETF Reduce -30.7% 0.22% −0.08
FNDB Schwab Fndmntl US BRD Mr ETF Reduce -25.3% 0.25% −0.08
FNDX Schwab Fndmntl US LRG Co. ETF Reduce -4.8% 2.16% −0.07
OMFL Invesco Russell 1000 DYN M/F Reduce -9.1% 0.61% −0.06
JUST Goldman Sachs Just US LRG Reduce -7.3% 0.54% −0.06
JSCP JPMorgan Short Duration Core Reduce -7.2% 1.21% −0.05
SPYX SS SPDR S&P 500 Foss FL ETF Reduce -2.4% 0.87% −0.05
SCHA Schwab US Small-Cap ETF Reduce -0.6% 0.42% −0.04
SUSA iShares ESG Optimized MSCI U Reduce -3.9% 0.46% −0.04
BND Vanguard Total Bond Market Sold out 0.00% −0.03
DIHP Dimensional International Hi Sold out 0.00% −0.03
VFVA Vanguard U.S. Value Factor Sold out 0.00% −0.02
AIQ Global X Art Intel & Tech Reduce -4.0% 0.22% −0.02
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -11.6% 0.10% −0.02
ESGV Vanguard ESG US Stock ETF Reduce -1.9% 0.19% −0.01
BNDX Vanguard Total Intl Bond ETF Sold out 0.00% −0.01
GRW TCW Durable Growth ETF Reduce -17.1% 0.06% −0.01
USXF iShares ESG Advance MSCI USA Reduce -5.8% 0.08% −0.01
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -21.7% 0.06% −0.01
OMFS Invesco RSL 2000 DYN Mltfctr Reduce -34.9% 0.01% −0.01
LGLV SPDR US LC Low Vol Idx Reduce -8.6% 0.45% −0.01
QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −0.01
IMFL Invesco Int DVLP DYN Multi Reduce -27.4% 0.02% −0.01
ASML ASML Holding NV-NY Reg SHS Sold out 0.00% −0.01
CGMS Cap Group US Multi-Sect Bond Reduce -5.2% 0.20% −0.01
DSI iShares ESG MSCI KLD 400 ETF Reduce -0.1% 0.09% −0.00
VOT Vngrd Mrngstr MC GRW ETF-Usd Reduce -1.7% 0.15% −0.00
MOAT Vaneck Morningstar Wide Moat Sold out 0.00% −0.00
NUSC Nuveen ESG Small-Cap ETF Reduce -0.7% 0.03% −0.00
GBTC Grayscale Bitcoin Trust ETF Sold out 0.00% −0.00
SMH Vaneck Semiconductor ETF Sold out 0.00% −0.00
TOKE Cambria Cannabis ETF Sold out 0.00% −0.00
XMLV Invesco S&P Midcap Low Volat Reduce -7.0% 0.01% −0.00
RAFE PIMCO Rafi ESG US ETF Reduce -1.6% 0.06% +0.00
VCEB Vanguard ESG US Corp. Bond Reduce -0.5% 0.04% +0.00

Portfolio Buys Q4 2024 → Q1 2025
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +830.6% 2.44% +2.18
EMNT PIMCO Enhcd St M-Active ESG Add +78.5% 1.87% +0.85
FESM Fidelity Enhanced Small Cap Add +452.4% 1.04% +0.84
SCHO Schwab Short-Term US Treas Add +93.5% 1.66% +0.83
USFR Wisdomtree Floating Rate Tre Add +27.6% 2.16% +0.50
AVDE Avantis International Equity Add +24.4% 1.69% +0.46
VYM Vanguard High DVD Yield ETF Add +11.7% 2.88% +0.38
FDVV Fidelity High Dividend ETF Add +6.0% 4.27% +0.30
FBND Fidelity Total Bond ETF Add +5.9% 3.03% +0.28
CGDV Cap Group Dividend Value Add +35.2% 0.92% +0.26
FBCG Fidelity Blue Chip Grow ETF New 0.18% +0.18
SUSB iShares ESG Aware 1-5 Year U Add +4.7% 2.28% +0.17
JCPB JPMorgan Core Plus Bond ETF Add +1.1% 3.01% +0.16
VCSH Vanguard S/T Corp. Bond ETF Add +3.0% 2.23% +0.14
SMMU PIMCO SHRT TRM Muni BND ETF Add +63.5% 0.33% +0.13
SCHD Schwab US DVD Equity ETF Add +1.7% 1.99% +0.12
USMV iShares MSCI USA Min Vol Fac Add +2.4% 1.27% +0.12
VRIG Invesco Variable Rate Invest Add +9.6% 0.91% +0.10
BIV Vanguard Intermediate-Term B Add +0.9% 1.51% +0.08
JMUB JPMorgan Municipal ETF Add +30.4% 0.18% +0.04
HELO JPMorgan Hedged Equity ETF Add +4.4% 1.63% +0.04
IBB iShares Biotechnology ETF Add +17.6% 0.29% +0.04
VEA Vanguard Ftse Developed ETF Add +5.5% 0.30% +0.04
VXUS Vanguard Total Intl Stock Add +6.3% 0.26% +0.03
IWF iShares Russell 1000 Growth New 0.03% +0.03
BSV Vanguard Short-Term Bond ETF Add +15.5% 0.13% +0.02
ESGD iShares Trust iShares ESG Aw Add +10.4% 0.12% +0.02
IWO iShares Russell 2000 Growth Add +161.1% 0.03% +0.02
EUSB Ishr ESG Advn Universal BD-$ Add +11.8% 0.11% +0.02
IWR iShares Russell Mid-Cap ETF New 0.01% +0.01
VSGX Vanguard ESG Intl Stock ETF Add +35.1% 0.04% +0.01
IWD iShares Russell 1000 Value E New 0.01% +0.01
IEMG iShares Core MSCI Emerging New 0.01% +0.01
PPA Invesco Aerospace & Defense New 0.01% +0.01
NULV Nuveen ESG Large-Cap Val ETF Add +14.3% 0.03% +0.00
IEF iShares 7-10 Year Treasury B New 0.00% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +13.8% 0.03% +0.00
AOA iShares Core 80/20 Aggressiv Add +28.0% 0.00% +0.00
EFIV SS SPDR S&P 500 ESG ETF Add +0.4% 0.01% −0.00
CNRG SS SPDR S&P Kensho CLP ETF Add +0.6% 0.00% −0.00
ESGU iShares ESG Aware MSCI USA Add +0.1% 0.10% −0.00
IVV iShares Core S&P 500 ETF Add +1.3% 3.07% −0.04

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