Milestone Investment Advisors LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Milestone Investment Advisors LLC reported 133 stock positions worth $413.1 million. Its top holding was Invesco S&P 500 Quality ETF (SPHQ) at 9.6% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 8.0%) and Schwab US Large-Cap ETF (SCHX, 6.6%). Compared with Q3 2025, it opened 8 new positions, added to 42 and reduced 38. The biggest buy was Cap Group Dividend Value (CGDV, shares +37%) and the biggest sale PIMCO Enhcd St M-Active ESG (EMNT, shares −13%).

Most Recent 13F
Q2 2026
Location
MIDDLETON, WI
CIK
0001967018
Portfolio Value
$413.1M (Q4 2025)
SEC Filing
0001967018-26-000001 ↗ filed Feb 11, 2026

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 Q1 2025 Q2 2025: $383.3M Q2 2025 Q3 2025: $402.5M Q3 2025 Q4 2025: $413.1M $413.1M Q4 2025 Q1 2026: $414.0M Q1 2026 Q2 2026: $462.7M Q2 2026

Holdings 133 stocks · $413.1M
SPHQ Invesco S&P 500 Quality ETF 9.56% 525,917 $39.5M Reduce -0.4%
SCHG Schwab US Large-Cap Growth 8.01% 1,014,406 $33.1M Reduce -2.0%
SCHX Schwab US Large-Cap ETF 6.64% 1,018,982 $27.4M Reduce -0.1%
VUG Vanguard Mrngstar GR ETF-Sui 4.89% 41,415 $20.2M Reduce -1.6%
FDVV Fidelity High Dividend ETF 4.39% 319,792 $18.1M Reduce -1.1%
SCHB Schwab US Broad Market ETF 3.44% 541,444 $14.2M Reduce -4.0%
FBND Fidelity Total Bond ETF 3.08% 275,916 $12.7M Add +5.0%
JCPB JPMorgan Core Plus Bond ETF 2.73% 238,293 $11.3M Add +2.5%
IVV iShares Core S&P 500 ETF 2.67% 16,085 $11.0M Add +9.1%
VYM Vanguard High DVD Yield ETF 2.62% 75,367 $10.8M Reduce -0.6%
SUSB iShares ESG Aware 1-5 Year U 2.55% 417,032 $10.5M Add +9.0%
USFR Wisdomtree Floating Rate Tre 2.54% 208,469 $10.5M Add +6.8%
AVDE Avantis International Equity 2.48% 124,568 $10.3M Add +7.3%
SCHM Schwab US Mid Cap ETF 2.45% 336,984 $10.1M Reduce -0.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 2.41% 34,246 $9.9M Reduce -0.5%
VCSH Vanguard S/T Corp. Bond ETF 2.31% 119,896 $9.6M Add +5.7%
EMNT PIMCO Enhcd St M-Active ESG 2.29% 95,784 $9.4M Reduce -13.5%
FNDX Schwab Fndmntl US LRG Co. ETF 2.19% 333,215 $9.1M Reduce -0.3%
SCHO Schwab Short-Term US Treas 2.16% 366,728 $8.9M Add +2.8%
XLK SS Technology Select Sector 1.56% 44,752 $6.4M Reduce -0.5%
BIV Vanguard Intermediate-Term B 1.52% 80,546 $6.3M Add +4.6%
IWY iShares Russell Top 200 Grow 1.42% 21,199 $5.9M Reduce -6.1%
SCHD Schwab US DVD Equity ETF 1.40% 210,871 $5.8M Reduce -3.1%
FESM Fidelity Enhanced Small Cap 1.38% 151,409 $5.7M Add +0.6%
SCHF Schwab Intl Equity ETF 1.38% 237,163 $5.7M Add +3.1%
RSP Invesco S&P 500 Equal Weight 1.26% 27,124 $5.2M Reduce -0.7%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 1.23% 116,687 $5.1M Add +36.8%
VTI VG Morningstar TS MKT ETF-US 1.20% 14,756 $4.9M Add +2.5%
IGM iShares Expanded Tech Sector 1.13% 36,118 $4.7M Add +0.0%
USMV iShares MSCI USA Min Vol Fac 1.11% 48,694 $4.6M Reduce -0.0%
JSCP JPMorgan Short Duration Core 1.10% 95,716 $4.6M Add +0.3%
VTV Vanguard Mrngstr Val ETF-Aui 0.92% 19,889 $3.8M Add +0.2%
IQLT iShares MSCI International Q 0.89% 80,963 $3.7M Add +1.6%
VRIG Invesco Variable Rate Invest 0.87% 143,571 $3.6M Add +0.8%
SPYX SS SPDR S&P 500 Foss FL ETF 0.83% 60,814 $3.4M Reduce -4.9%
SPLV Invesco S&P 500 Low Volatili 0.81% 46,618 $3.3M Reduce -0.0%
JUST Goldman Sachs Just US LRG 0.65% 27,687 $2.7M Add +6.0%
SPGP Invesco S&P 500 Garp ETF 0.64% 23,389 $2.7M Reduce -8.4%
XMHQ Invesco S&P Midcap Qual ETF 0.63% 25,578 $2.6M Reduce -6.2%
SMMU PIMCO SHRT TRM Muni BND ETF 0.53% 43,796 $2.2M Add +13.3%
SUSA iShares ESG Optimized MSCI U 0.44% 13,113 $1.8M Add +1.9%
FBCG Fidelity Blue Chip Grow ETF 0.42% 31,594 $1.7M Add +3.3%
OMFL Invesco Russell 1000 DYN M/F 0.41% 27,692 $1.7M No change
VEA Vanguard Ftse Developed ETF 0.40% 26,664 $1.7M Add +1.2%
SCHA Schwab US Small-Cap ETF 0.38% 54,699 $1.6M Reduce -1.9%
LGLV SPDR US LC Low Vol Idx 0.35% 8,198 $1.4M Reduce -4.4%
IJR iShares Core S&P Small-Cap E 0.33% 11,348 $1.4M Reduce -2.0%
VXUS Vanguard Total Intl Stock 0.31% 17,159 $1.3M Add +9.7%
IBB iShares Biotechnology ETF 0.29% 7,187 $1.2M Add +0.1%
EFG iShares MSCI Eafe Growth ETF 0.22% 8,029 $915K No change
FNDB Schwab Fndmntl US BRD Mr ETF 0.21% 32,744 $870K Reduce -6.1%
ESGV Vanguard ESG US Stock ETF 0.21% 7,033 $851K Reduce -1.0%
XLF SS Financial Select Sector 0.18% 13,388 $733K Add +40.9%
AIQ Global X Art Intel & Tech 0.18% 14,225 $724K Reduce -0.0%
SCHV Schwab US Large-Cap Value 0.16% 21,904 $649K Add +0.6%
VB Vanguard Most SM-Cap ETF-Usd 0.14% 2,263 $584K No change
EUSB Ishr ESG Advn Universal BD-$ 0.14% 13,270 $583K Add +29.0%
DSI iShares ESG MSCI KLD 400 ETF 0.14% 4,470 $576K Add +46.6%
ILCG iShares Morningstar Growth E 0.13% 5,275 $549K New
NULV Nuveen ESG Large-Cap Val ETF 0.13% 12,134 $547K Add +1.4%
CGMU Cap Group Municipal Income 0.13% 19,676 $539K Add +10.2%
JMUB JPMorgan Municipal ETF 0.13% 10,603 $535K Reduce -14.2%
HELO JPMorgan Hedged Equity ETF 0.13% 8,040 $534K Add +107.2%
CGMS Cap Group US Multi-Sect Bond 0.13% 18,901 $522K Reduce -16.4%
ESGD iShares Trust iShares ESG Aw 0.12% 5,400 $513K Add +0.0%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.12% 1,828 $510K Reduce -5.9%
LRGE Clearbridge Large Cap Growth 0.12% 5,907 $486K No change
ESGG NT Stoxx GLBL ESG ETF 0.10% 2,057 $422K Add +0.1%
ESGU iShares ESG Aware MSCI USA 0.09% 2,595 $387K Reduce -0.6%
XNTK SS SPDR Nyse Tech ETF 0.09% 1,350 $375K New
VXF Vanguard Extended Market ETF 0.09% 1,758 $368K No change
MEAR Ishrs Short Mat Muni Act ETF 0.09% 7,223 $363K No change
USXF iShares ESG Advance MSCI USA 0.08% 5,752 $331K No change
EFV iShares MSCI Eafe Value ETF 0.07% 4,247 $303K Reduce -3.2%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.07% 1,366 $289K No change
BSV Vanguard Short-Term Bond ETF 0.07% 3,606 $284K Add +6.7%
ESG NT Stoxx US ESG ETF 0.07% 1,783 $282K No change
VIG Vanguard Dividend Apprec ETF 0.07% 1,252 $275K Add +1638.9%
RAFE PIMCO Rafi ESG US ETF filed as PIMCO EQUITY SER 0.06% 5,953 $250K Add +0.4%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.06% 5,413 $245K Reduce -4.5%
HYXF iShares ESG Adv High Yield 0.06% 4,992 $236K Reduce -1.3%
VSGX Vanguard ESG Intl Stock ETF 0.06% 3,291 $236K Add +3.7%
GRW TCW Durable Growth ETF 0.05% 7,051 $219K No change
QUAL iShares MSCI USA Quality Fac 0.05% 1,000 $199K No change
VCEB Vanguard ESG US Corp. Bond 0.05% 2,990 $190K Reduce -0.3%
PRF Invesco Rafi US 1000 ETF 0.05% 4,000 $188K No change
IWP iShares Russell Mid-Cap Grow 0.04% 1,321 $181K No change
MUNI PIMCO Intermediate Municipal 0.04% 3,380 $177K Add +2231.0%
DMXF iShares ESG Advanc MSCI Eafe 0.04% 2,335 $175K Reduce -0.7%
XLV SS Health Care Select Sector 0.04% 1,005 $156K No change
IWO iShares Russell 2000 Growth 0.04% 457 $148K No change
IWF iShares Russell 1000 Growth 0.04% 311 $147K No change
NULG Nuveen ESG LRG-Cap GRW ETF 0.04% 1,495 $146K No change
IVW iShares S&P 500 Growth ETF 0.03% 1,076 $133K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.03% 173 $118K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.03% 388 $117K No change
IWB iShares Russell 1000 ETF 0.03% 300 $112K No change
SCHR Schwab Intermediate-Term US 0.03% 4,340 $109K Reduce -44.9%
DWX State Street SPDR S&P Intern 0.03% 2,351 $103K No change
DIHP Dimensional International Hi 0.03% 3,257 $103K New
IDU iShares US Utilities ETF 0.02% 940 $102K New
XJR Ishr ESG SS S&P Smal-Cap-Usd 0.02% 2,170 $92K No change
IWM iShares Russell 2000 ETF 0.02% 360 $89K New
IJJ iShares S&P Mid-Cap 400 Valu 0.02% 669 $88K No change
SUSC iShares ESG Aware Usd Corpor 0.02% 3,000 $70K No change
EFIV SS SPDR S&P 500 ESG ETF 0.02% 1,017 $67K Add +24.0%
NUSC Nuveen ESG Small-Cap ETF 0.02% 1,431 $64K No change
IMFL Invesco Int DVLP DYN Multi 0.01% 2,072 $62K Reduce -32.5%
QQQ Invesco QQQ Trust Series 1 0.01% 100 $61K New
PRFZ Inv Rafi US 1500 SM-Usd Inc. 0.01% 1,313 $60K No change
IJK iShares S&P Mid-Cap 400 Grow 0.01% 608 $59K No change
IWR iShares Russell Mid-Cap ETF 0.01% 562 $54K No change
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.01% 176 $44K No change
AOR iShares Core 60/40 Balanced 0.01% 555 $36K No change
PPA Invesco Aerospace & Defense 0.01% 214 $33K No change
XAR SS SPDR S&P Aerospace Def 0.01% 136 $33K No change
LCTU iShares U.S. Carbon Transiti 0.01% 333 $25K No change
VOO Vanguard S&P 500 ETF 0.01% 37 $23K No change
LCTD iShares World Ex U.S. Carbon 0.00% 301 $16K Add +1.7%
XMLV Invesco S&P Midcap Low Volat 0.00% 224 $14K Reduce -12.5%
SCHE Schwab Emrg Mrkts Eqty ETF 0.00% 423 $14K No change
IWN iShares Russell 2000 Value E 0.00% 76 $14K No change
GLD SPDR Gold Shares 0.00% 32 $13K No change
IWD iShares Russell 1000 Value E 0.00% 60 $13K No change
IBIT iShares Bitcoin Trust ETF 0.00% 189 $9K New
HYDB iShares High Yield Systemati 0.00% 140 $7K No change
OMFS Invesco RSL 2000 DYN Mltfctr 0.00% 135 $6K No change
IZRL ARK Israel Innovative Techno 0.00% 186 $6K No change
XJH Ishare ESG SS S&P Midcap ETF 0.00% 120 $5K No change
EUAD Select Stoxx Eur Aer DE ETF 0.00% 118 $5K New
AOA iShares Core 80/20 Aggressiv 0.00% 50 $4K Add +19.1%
TOKE Cambria Cannabis ETF 0.00% 620 $4K No change
RSPE Invesco ESG SP 500 Eq Weight 0.00% 87 $3K No change

Portfolio Sells Q3 2025 → Q4 2025
EMNT PIMCO Enhcd St M-Active ESG Reduce -13.5% 2.29% −0.43
SCHG Schwab US Large-Cap Growth Reduce -2.0% 8.01% −0.20
SCHB Schwab US Broad Market ETF Reduce -4.0% 3.44% −0.17
VUG Vanguard Mrngstar GR ETF-Sui Reduce -1.6% 4.89% −0.12
IWY iShares Russell Top 200 Grow Reduce -6.1% 1.42% −0.11
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -0.5% 2.41% −0.11
FDVV Fidelity High Dividend ETF Reduce -1.1% 4.39% −0.09
XMHQ Invesco S&P Midcap Qual ETF Reduce -6.2% 0.63% −0.08
SCHD Schwab US DVD Equity ETF Reduce -3.1% 1.40% −0.08
SPGP Invesco S&P 500 Garp ETF Reduce -8.4% 0.64% −0.08
SPHQ Invesco S&P 500 Quality ETF Reduce -0.4% 9.56% −0.06
SCHM Schwab US Mid Cap ETF Reduce -0.8% 2.45% −0.05
SPLV Invesco S&P 500 Low Volatili Reduce -0.0% 0.81% −0.05
SPYX SS SPDR S&P 500 Foss FL ETF Reduce -4.9% 0.83% −0.04
USMV iShares MSCI USA Min Vol Fac Reduce -0.0% 1.11% −0.04
SCHX Schwab US Large-Cap ETF Reduce -0.1% 6.64% −0.04
VYM Vanguard High DVD Yield ETF Reduce -0.6% 2.62% −0.04
LGLV SPDR US LC Low Vol Idx Reduce -4.4% 0.35% −0.03
CGMS Cap Group US Multi-Sect Bond Reduce -16.4% 0.13% −0.03
RSP Invesco S&P 500 Equal Weight Reduce -0.7% 1.26% −0.03
JMUB JPMorgan Municipal ETF Reduce -14.2% 0.13% −0.03
SCHR Schwab Intermediate-Term US Reduce -44.9% 0.03% −0.02
VOT Vngrd Mrngstr MC GRW ETF-Usd Reduce -5.9% 0.12% −0.02
XLK SS Technology Select Sector Reduce -0.5% 1.56% −0.02
FNDB Schwab Fndmntl US BRD Mr ETF Reduce -6.1% 0.21% −0.01
IJR iShares Core S&P Small-Cap E Reduce -2.0% 0.33% −0.01
SCHA Schwab US Small-Cap ETF Reduce -1.9% 0.38% −0.01
IMFL Invesco Int DVLP DYN Multi Reduce -32.5% 0.01% −0.01
ESGV Vanguard ESG US Stock ETF Reduce -1.0% 0.21% −0.00
HYXF iShares ESG Adv High Yield Reduce -1.3% 0.06% −0.00
DMXF iShares ESG Advanc MSCI Eafe Reduce -0.7% 0.04% −0.00
VCEB Vanguard ESG US Corp. Bond Reduce -0.3% 0.05% −0.00
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -4.5% 0.06% −0.00
ESGU iShares ESG Aware MSCI USA Reduce -0.6% 0.09% −0.00
XMLV Invesco S&P Midcap Low Volat Reduce -12.5% 0.00% −0.00
EFV iShares MSCI Eafe Value ETF Reduce -3.2% 0.07% −0.00
AIQ Global X Art Intel & Tech Reduce -0.0% 0.18% +0.00
FNDX Schwab Fndmntl US LRG Co. ETF Reduce -0.3% 2.19% +0.01

Portfolio Buys Q3 2025 → Q4 2025
CGDV Cap Group Dividend Value Add +36.8% 1.23% +0.34
IVV iShares Core S&P 500 ETF Add +9.1% 2.67% +0.22
AVDE Avantis International Equity Add +7.3% 2.48% +0.21
SUSB iShares ESG Aware 1-5 Year U Add +9.0% 2.55% +0.14
ILCG iShares Morningstar Growth E New 0.13% +0.13
USFR Wisdomtree Floating Rate Tre Add +6.8% 2.54% +0.10
XNTK SS SPDR Nyse Tech ETF New 0.09% +0.09
HELO JPMorgan Hedged Equity ETF Add +107.2% 0.13% +0.07
VIG Vanguard Dividend Apprec ETF Add +1638.9% 0.07% +0.06
VCSH Vanguard S/T Corp. Bond ETF Add +5.7% 2.31% +0.06
FBND Fidelity Total Bond ETF Add +5.0% 3.08% +0.06
XLF SS Financial Select Sector Add +40.9% 0.18% +0.05
SCHF Schwab Intl Equity ETF Add +3.1% 1.38% +0.05
SMMU PIMCO SHRT TRM Muni BND ETF Add +13.3% 0.53% +0.05
DSI iShares ESG MSCI KLD 400 ETF Add +46.6% 0.14% +0.04
MUNI PIMCO Intermediate Municipal Add +2231.0% 0.04% +0.04
JUST Goldman Sachs Just US LRG Add +6.0% 0.65% +0.04
IBB iShares Biotechnology ETF Add +0.1% 0.29% +0.04
EUSB Ishr ESG Advn Universal BD-$ Add +29.0% 0.14% +0.03
VXUS Vanguard Total Intl Stock Add +9.7% 0.31% +0.03
BIV Vanguard Intermediate-Term B Add +4.6% 1.52% +0.03
DIHP Dimensional International Hi New 0.03% +0.03
IDU iShares US Utilities ETF New 0.02% +0.02
VTI VG Morningstar TS MKT ETF-US Add +2.5% 1.20% +0.02
IWM iShares Russell 2000 ETF New 0.02% +0.02
FESM Fidelity Enhanced Small Cap Add +0.6% 1.38% +0.02
IQLT iShares MSCI International Q Add +1.6% 0.89% +0.02
QQQ Invesco QQQ Trust Series 1 New 0.01% +0.01
FBCG Fidelity Blue Chip Grow ETF Add +3.3% 0.42% +0.01
VEA Vanguard Ftse Developed ETF Add +1.2% 0.40% +0.01
CGMU Cap Group Municipal Income Add +10.2% 0.13% +0.01
SUSA iShares ESG Optimized MSCI U Add +1.9% 0.44% +0.01
EFIV SS SPDR S&P 500 ESG ETF Add +24.0% 0.02% +0.00
BSV Vanguard Short-Term Bond ETF Add +6.7% 0.07% +0.00
VSGX Vanguard ESG Intl Stock ETF Add +3.7% 0.06% +0.00
IBIT iShares Bitcoin Trust ETF New 0.00% +0.00
NULV Nuveen ESG Large-Cap Val ETF Add +1.4% 0.13% +0.00
ESGG NT Stoxx GLBL ESG ETF Add +0.1% 0.10% +0.00
EUAD Select Stoxx Eur Aer DE ETF New 0.00% +0.00
SCHO Schwab Short-Term US Treas Add +2.8% 2.16% +0.00
RAFE PIMCO Rafi ESG US ETF Add +0.4% 0.06% +0.00
AOA iShares Core 80/20 Aggressiv Add +19.1% 0.00% +0.00
LCTD iShares World Ex U.S. Carbon Add +1.7% 0.00% +0.00
VTV Vanguard Mrngstr Val ETF-Aui Add +0.2% 0.92% 0.00
IGM iShares Expanded Tech Sector Add +0.0% 1.13% −0.00
ESGD iShares Trust iShares ESG Aw Add +0.0% 0.12% −0.00
SCHV Schwab US Large-Cap Value Add +0.6% 0.16% −0.00
JCPB JPMorgan Core Plus Bond ETF Add +2.5% 2.73% −0.01
VRIG Invesco Variable Rate Invest Add +0.8% 0.87% −0.02
JSCP JPMorgan Short Duration Core Add +0.3% 1.10% −0.03

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