Pinnacle Wealth Management Advisory Group, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 1, 2024), Pinnacle Wealth Management Advisory Group, LLC reported 353 stock positions worth $931.7 million. Its top holding was Apple (AAPL) at 4.3% of the portfolio, followed by iShares MSCI USA Quality Fac (QUAL, 4.2%) and Microsoft (MSFT, 4.0%). Compared with Q4 2023, it opened 23 new positions, sold out of 12, added to 154 and reduced 137. The biggest buy was FT Vest Rising Dividend Achi (RDVI, shares +265%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- RED BANK, NJ
- CIK
- 0001631864
- Portfolio Value
- $931.7M (Q1 2024)
- SEC Filing
- 0001631864-24-000002 ↗ filed May 1, 2024
Holdings Value
Holdings 353 stocks · $931.7M
| AAPL Apple Inc. | 4.31% | 234,022 | $40.1M | Reduce -1.4% |
| QUAL iShares MSCI USA Quality Fac | 4.23% | 239,778 | $39.4M | Add +1.8% |
| MSFT Microsoft Corp. | 4.05% | 89,606 | $37.7M | Add +0.2% |
| VYM Vanguard High DVD Yield ETF | 3.54% | 272,359 | $33.0M | Add +0.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.87% | 117,160 | $26.8M | Add +5.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.76% | 49,140 | $25.7M | Reduce -0.5% |
| SCHD Schwab US DVD Equity ETF | 2.67% | 308,336 | $24.9M | Add +1.0% |
| VTI VG Morningstar TS MKT ETF-US | 2.64% | 94,708 | $24.6M | Add +3.6% |
| IVV iShares Core S&P 500 ETF | 2.30% | 40,818 | $21.5M | Add +6.5% |
| VEA Vanguard Ftse Developed ETF | 2.24% | 416,176 | $20.9M | Reduce -0.1% |
| VEU Vanguard Ftse All-World Ex-U | 2.16% | 343,334 | $20.1M | Add +5.2% |
| QQQ Invesco QQQ Trust Series 1 | 2.09% | 43,822 | $19.5M | Add +2.1% |
| JEPI JPMorgan Equity Premium Inco | 2.02% | 325,494 | $18.8M | Add +7.5% |
| IJR iShares Core S&P Small-Cap E | 1.99% | 167,413 | $18.5M | Reduce -2.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.86% | 41,282 | $17.4M | Reduce -0.2% |
| IJH iShares Core S&P Midcap ETF | 1.81% | 277,729 | $16.9M | Reduce -1.9% |
| JNJ Johnson & Johnson | 1.55% | 91,270 | $14.4M | Reduce -0.5% |
| NVDA Nvidia Corp. | 1.52% | 15,711 | $14.2M | Reduce -2.2% |
| DUHP Dimensional US High Profi Et | 1.30% | 384,196 | $12.1M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 1.29% | 66,814 | $12.1M | Add +1.4% |
| RSP Invesco S&P 500 Equal Weight | 1.25% | 68,541 | $11.6M | Add +15.8% |
| DFAI Dimensional International Co. | 1.24% | 383,001 | $11.6M | Reduce -0.6% |
| IWM iShares Russell 2000 ETF | 1.22% | 53,949 | $11.3M | Reduce -0.8% |
| GOOGL Alphabet Inc. Class A | 1.22% | 75,109 | $11.3M | Add +0.6% |
| BND Vanguard Total Bond Market | 1.07% | 137,738 | $10.0M | Add +13.8% |
| PG The Procter & Gamble Co. | 0.97% | 55,712 | $9.0M | Reduce -0.1% |
| AVGO Broadcom Inc. | 0.96% | 6,717 | $8.9M | Reduce -2.5% |
| DFSV Dimensional US Small Cap Val | 0.95% | 294,818 | $8.9M | Reduce -2.1% |
| JPM JPMorgan Chase & Co. | 0.88% | 41,063 | $8.2M | Add +1.1% |
| WMT Walmart Inc. | 0.86% | 133,269 | $8.0M | Reduce -1.1% |
| MA Mastercard Inc. Class A | 0.81% | 15,615 | $7.5M | Reduce -2.7% |
| MRK Merck & Co. Inc. | 0.77% | 54,060 | $7.1M | Reduce -0.9% |
| MDY State Street SPDR S&P Midcap | 0.69% | 11,482 | $6.4M | Add +0.3% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.68% | 15,950 | $6.3M | Reduce -3.4% |
| HD Home Depot Inc. | 0.68% | 16,400 | $6.3M | Add +0.6% |
| IEF iShares 7-10 Year Treasury B | 0.62% | 61,093 | $5.8M | Add +10.9% |
| SCZ iShares MSCI Eafe Small-Cap | 0.59% | 87,044 | $5.5M | Reduce -6.1% |
| ITW Illinois Tool Works | 0.59% | 20,440 | $5.5M | Reduce -0.9% |
| AXP American Express Co. | 0.57% | 23,313 | $5.3M | Reduce -0.4% |
| VWO Vanguard Ftse Emerging Marke | 0.57% | 126,962 | $5.3M | Add +0.4% |
| DFAE Dimensional Emerging Core Eq | 0.57% | 213,980 | $5.3M | Reduce -0.7% |
| MCD McDonald's Corp. | 0.56% | 18,606 | $5.2M | Add +1.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.56% | 42,829 | $5.2M | Reduce -1.7% |
| CIBR First Trust Nasdaq Cybersecu | 0.56% | 92,579 | $5.2M | Add +4.2% |
| BLK BlackRock Finance Inc. | 0.55% | 6,199 | $5.2M | Reduce -1.0% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.55% | 21,463 | $5.1M | Add +0.2% |
| PEP Pepsico Inc. | 0.54% | 28,964 | $5.1M | Reduce -0.1% |
| RDVY First Trust Rising Dividend | 0.52% | 86,286 | $4.8M | Add +3.3% |
| META Meta Platforms Inc. Class A | 0.51% | 9,803 | $4.8M | Reduce -1.0% |
| RDVI FT Vest Rising Dividend Achi | 0.49% | 186,348 | $4.6M | Add +265.1% |
| VOO Vanguard S&P 500 ETF | 0.47% | 9,026 | $4.3M | Add +1.6% |
| RTX RTX Corp. | 0.44% | 42,312 | $4.1M | Add +2.8% |
| VXUS Vanguard Total Intl Stock | 0.43% | 66,911 | $4.0M | Reduce -2.4% |
| MS Morgan Stanley | 0.43% | 42,678 | $4.0M | Reduce -2.0% |
| CSCO Cisco Systems Inc. | 0.43% | 79,483 | $4.0M | Reduce -3.9% |
| TOTL SS Doubleline TR Tact ETF | 0.41% | 95,320 | $3.8M | Add +14.1% |
| UNH Unitedhealth Group Inc. | 0.41% | 7,702 | $3.8M | Reduce -1.1% |
| SBUX Starbucks Corp. | 0.41% | 41,301 | $3.8M | Reduce -3.2% |
| AMGN Amgen Inc. | 0.40% | 13,261 | $3.8M | Add +1.2% |
| FDN First Trust DJ Internet Ind | 0.40% | 18,262 | $3.7M | Add +16.0% |
| KO The Coca-Cola Co. | 0.39% | 60,123 | $3.7M | Add +1.7% |
| NSRGY Nestle SA-Spons ADR | 0.39% | 34,560 | $3.7M | Reduce -4.3% |
| COST Costco Wholesale Corp. | 0.38% | 4,849 | $3.6M | Add +1.8% |
| GOOG Alphabet Inc. Class C | 0.37% | 22,520 | $3.4M | Reduce -1.4% |
| LMT Lockheed Martin Corp. | 0.37% | 7,510 | $3.4M | Reduce -0.3% |
| IEI iShares 3-7 Year Treasury Bo | 0.35% | 28,469 | $3.3M | Reduce -2.7% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.35% | 64,602 | $3.3M | Add +7.9% |
| CVX Chevron Corp. | 0.33% | 19,714 | $3.1M | Reduce -2.0% |
| SCHM Schwab US Mid Cap ETF | 0.33% | 37,993 | $3.1M | Reduce -4.0% |
| ACWI iShares MSCI Acwi ETF | 0.33% | 27,600 | $3.0M | No change |
| ADBE Adobe Inc. | 0.32% | 5,971 | $3.0M | Reduce -1.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.32% | 11,902 | $3.0M | Add +2.7% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.32% | 58,333 | $3.0M | Add +4.4% |
| LLY Eli Lilly & Co. | 0.32% | 3,792 | $3.0M | Add +1.3% |
| V Visa Inc. Class A | 0.30% | 10,082 | $2.8M | Add +1.8% |
| WELL Welltower Inc. | 0.29% | 29,392 | $2.7M | Add +0.5% |
| PFE Pfizer Inc. | 0.29% | 98,276 | $2.7M | Reduce -6.5% |
| XOM Exxon Mobil Corp. | 0.29% | 23,238 | $2.7M | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.29% | 71,043 | $2.7M | Add +5.7% |
| VZ Verizon Communications Inc. | 0.27% | 58,884 | $2.5M | Add +0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 12,451 | $2.4M | Add +3.2% |
| TSLA Tesla Inc. | 0.25% | 13,283 | $2.3M | Reduce -0.4% |
| ACN Accenture PLC Class A | 0.24% | 6,399 | $2.2M | Add +0.1% |
| VGIT Vanguard Intermediate-Term T | 0.24% | 37,630 | $2.2M | Reduce -9.3% |
| IXUS iShares Core Intl Stock ETF | 0.24% | 32,405 | $2.2M | Add +4.4% |
| SO The Southern Co. | 0.23% | 29,575 | $2.1M | Add +0.3% |
| VLO Valero Energy Corp. | 0.23% | 12,285 | $2.1M | Add +0.3% |
| GIS General Mills Inc. | 0.22% | 29,601 | $2.1M | Reduce -2.4% |
| ABBV Abbvie Inc. | 0.22% | 11,252 | $2.0M | Reduce -4.8% |
| VIG Vanguard Dividend Apprec ETF | 0.22% | 11,006 | $2.0M | Add +31.0% |
| UPS United Parcel Service Class B | 0.21% | 13,413 | $2.0M | Reduce -9.9% |
| CSX CSX Corp. | 0.21% | 52,126 | $1.9M | Add +0.4% |
| VT Vanguard Tot World STK ETF | 0.20% | 17,200 | $1.9M | Reduce -3.3% |
| PNC PNC Financial Services Group | 0.19% | 10,807 | $1.7M | Reduce -3.7% |
| DEO Diageo PLC-Sponsored ADR | 0.17% | 10,750 | $1.6M | Reduce -3.8% |
| KLAC KLA Corp. | 0.17% | 2,269 | $1.6M | Reduce -0.9% |
| LOW Lowe's Cos Inc. | 0.17% | 6,201 | $1.6M | Add +0.1% |
| IEMG iShares Core MSCI Emerging | 0.17% | 29,790 | $1.5M | Reduce -2.1% |
| BOTZ Global X Robotics & Artifici | 0.16% | 47,014 | $1.5M | Add +10.6% |
| GSG iShares S&P Gsci Commodity I | 0.16% | 67,500 | $1.5M | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $201K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 6 PERP GG) | PFD | 8,000 | $201K | New |
Total filed on the 13F, all lines: $931.9M.
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -1.4% | 4.31% | −1.05 |
| IJR iShares Core S&P Small-Cap E | Reduce -2.2% | 1.99% | −0.18 |
| TSLA Tesla Inc. | Reduce -0.4% | 0.25% | −0.14 |
| JNJ Johnson & Johnson | Reduce -0.5% | 1.55% | −0.13 |
| ADBE Adobe Inc. | Reduce -1.9% | 0.32% | −0.10 |
| NSRGY Nestle SA-Spons ADR | Reduce -4.3% | 0.39% | −0.10 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.1% | 2.24% | −0.10 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -6.1% | 0.59% | −0.08 |
| DFSV Dimensional US Small Cap Val | Reduce -2.1% | 0.95% | −0.07 |
| SBUX Starbucks Corp. | Reduce -3.2% | 0.41% | −0.07 |
| UNH Unitedhealth Group Inc. | Reduce -1.1% | 0.41% | −0.07 |
| CSCO Cisco Systems Inc. | Reduce -3.9% | 0.43% | −0.06 |
| PFE Pfizer Inc. | Reduce -6.5% | 0.29% | −0.06 |
| UPS United Parcel Service Class B | Reduce -9.9% | 0.21% | −0.06 |
| IWM iShares Russell 2000 ETF | Reduce -0.8% | 1.22% | −0.06 |
| VGIT Vanguard Intermediate-Term T | Reduce -9.3% | 0.24% | −0.05 |
| DFAI Dimensional International Co. | Reduce -0.6% | 1.24% | −0.05 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -2.7% | 0.35% | −0.05 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -3.4% | 0.68% | −0.05 |
| FLOT iShares Floating Rate Bond E | Sold out | 0.00% | −0.05 |
| ITW Illinois Tool Works | Reduce -0.9% | 0.59% | −0.04 |
| MS Morgan Stanley | Reduce -2.0% | 0.43% | −0.04 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.04 |
| BLK BlackRock Finance Inc. | Reduce -1.0% | 0.55% | −0.04 |
| DFAE Dimensional Emerging Core Eq | Reduce -0.7% | 0.57% | −0.04 |
| LMT Lockheed Martin Corp. | Reduce -0.3% | 0.37% | −0.03 |
| PEP Pepsico Inc. | Reduce -0.1% | 0.54% | −0.03 |
| VXUS Vanguard Total Intl Stock | Reduce -2.4% | 0.43% | −0.03 |
| SCHX Schwab US Large-Cap ETF | Sold out | 0.00% | −0.03 |
| INTC Intel Corp. | Reduce -3.4% | 0.11% | −0.03 |
| AGG iShares Core U.S. Aggregate | Reduce -14.6% | 0.09% | −0.03 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.9% | 1.81% | −0.03 |
| HUM Humana Inc. | Sold out | 0.00% | −0.03 |
| NKE Nike Inc. Class B | Reduce -9.0% | 0.07% | −0.03 |
| EIX Edison International | Sold out | 0.00% | −0.02 |
| EQIX Equinix Inc. | Sold out | 0.00% | −0.02 |
| IRDM Iridium Communications Inc. | Sold out | 0.00% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -12.5% | 0.11% | −0.02 |
| JPST JPMorgan Ultra-Short Income | Reduce -35.6% | 0.03% | −0.02 |
| DEO Diageo PLC-Sponsored ADR | Reduce -3.8% | 0.17% | −0.02 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -2.2% | 0.15% | −0.02 |
| CVX Chevron Corp. | Reduce -2.0% | 0.33% | −0.02 |
| XLE SS Energy Select Sector | Reduce -34.6% | 0.04% | −0.02 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -18.4% | 0.06% | −0.02 |
| SCHM Schwab US Mid Cap ETF | Reduce -4.0% | 0.33% | −0.02 |
| PNC PNC Financial Services Group | Reduce -3.7% | 0.19% | −0.02 |
| PAYX Paychex Inc. | Reduce -3.7% | 0.16% | −0.02 |
| SCHA Schwab US Small-Cap ETF | Reduce -7.0% | 0.12% | −0.02 |
| IEMG iShares Core MSCI Emerging | Reduce -2.1% | 0.17% | −0.02 |
| DON Wisdomtree US Midcap Dividen | Reduce -9.8% | 0.11% | −0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| RDVI FT Vest Rising Dividend Achi | Add +265.1% | 0.49% | +0.35 |
| QUAL iShares MSCI USA Quality Fac | Add +1.8% | 4.23% | +0.17 |
| IVV iShares Core S&P 500 ETF | Add +6.5% | 2.30% | +0.16 |
| RSP Invesco S&P 500 Equal Weight | Add +15.8% | 1.25% | +0.15 |
| AMZN Amazon.com Inc. | Add +1.4% | 1.29% | +0.12 |
| MSFT Microsoft Corp. | Add +0.2% | 4.05% | +0.11 |
| VTI VG Morningstar TS MKT ETF-US | Add +3.6% | 2.64% | +0.10 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +5.2% | 2.87% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +1.1% | 0.88% | +0.07 |
| JEPI JPMorgan Equity Premium Inco | Add +7.5% | 2.02% | +0.07 |
| LLY Eli Lilly & Co. | Add +1.3% | 0.32% | +0.06 |
| FDN First Trust DJ Internet Ind | Add +16.0% | 0.40% | +0.06 |
| VIG Vanguard Dividend Apprec ETF | Add +31.0% | 0.22% | +0.05 |
| VLO Valero Energy Corp. | Add +0.3% | 0.23% | +0.04 |
| RTX RTX Corp. | Add +2.8% | 0.44% | +0.04 |
| USFR Wisdomtree Floating Rate Tre | New | 0.03% | +0.03 |
| EPD Enterprise Products Partners | New | 0.03% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.1% | 2.09% | +0.03 |
| BND Vanguard Total Bond Market | Add +13.8% | 1.07% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Add +95.8% | 0.06% | +0.03 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | New | 0.03% | +0.03 |
| COHR Coherent Corp. | New | 0.03% | +0.03 |
| UBER Uber Technologies Inc. | New | 0.03% | +0.03 |
| MCHP Microchip Technology Inc. | New | 0.03% | +0.03 |
| TT Trane Technologies PLC | New | 0.03% | +0.03 |
| HCA HCA Healthcare Inc. | New | 0.02% | +0.02 |
| USB US Bancorp | New | 0.02% | +0.02 |
| BAC Bank of America Corp. | Add +5.7% | 0.29% | +0.02 |
| IBM Intl Business Machines Corp. | Add +3.2% | 0.26% | +0.02 |
| MET Metlife Inc. | New | 0.02% | +0.02 |
| MSI Motorola Solutions Inc. | New | 0.02% | +0.02 |
| CEG Constellation Energy | New | 0.02% | +0.02 |
| APH Amphenol Corp. Class A | New | 0.02% | +0.02 |
| ANET Arista Networks Inc. | New | 0.02% | +0.02 |
| CP Canadian Pacific Kansas City | New | 0.02% | +0.02 |
| TRMB Trimble Inc. | New | 0.02% | +0.02 |
| ITRI Itron Inc. | New | 0.02% | +0.02 |
| DOV Dover Corp. | New | 0.02% | +0.02 |
| ROP Roper Technologies Inc. | New | 0.02% | +0.02 |
| AVAV Aerovironment Inc. | New | 0.02% | +0.02 |
| SMH Vaneck Semiconductor ETF | Add +32.9% | 0.06% | +0.02 |
| VCIT Vanguard Int-Term Corporate | Add +63.6% | 0.07% | +0.02 |
| GM General Motors Co. | Add +35.9% | 0.06% | +0.02 |
| CAT Caterpillar Inc. | Add +1.4% | 0.14% | +0.02 |
| BOTZ Global X Robotics & Artifici | Add +10.6% | 0.16% | +0.02 |
| XOM Exxon Mobil Corp. | Add +0.1% | 0.29% | +0.02 |
| QCOM Qualcomm Inc. | Add +6.5% | 0.14% | +0.02 |
| CMI Cummins Inc. | Add +0.5% | 0.15% | +0.02 |
| GE General Electric | Add +2.6% | 0.08% | +0.02 |
| VEU Vanguard Ftse All-World Ex-U | Add +5.2% | 2.16% | +0.02 |
Notes & Other Activity Q4 2023 → Q1 2024
| BANK OF AMERICA CORP (BAC 6 PERP GG) | PFD | New | 8,000 | $201K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 571 | $1.7B | VTI, AAPL, QUAL, VB, QQQ |
| Q1 2026 | 550 | $1.5B | VTI, AAPL, QUAL, VYM, VB |
| Q4 2025 | 528 | $1.5B | AAPL, VTI, QUAL, VYM, MSFT |
| Q3 2025 | 403 | $1.3B | AAPL, VTI, QUAL, MSFT, VYM |
| Q2 2025 | 375 | $1.2B | VTI, QUAL, AAPL, MSFT, VYM |
| Q1 2025 | 366 | $1.1B | AAPL, QUAL, VYM, VTI, VB |
| Q4 2024 | 362 | $1.1B | AAPL, QUAL, VYM, MSFT, VB |
| Q3 2024 | 365 | $1.0B | AAPL, QUAL, VYM, MSFT, VTI |
| Q2 2024 | 356 | $968.9M | AAPL, QUAL, MSFT, VYM, SPY |
| Q1 2024 | 353 | $931.7M | AAPL, QUAL, MSFT, VYM, VB |