Rodgers & Associates, LTD

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 21, 2024), Rodgers & Associates, LTD reported 95 stock positions worth $838.1 million. Its top holding was Vanguard Mrngstr Val ETF-Aui (VTV) at 8.4% of the portfolio, followed by Vngrd Mrngst SL-CP Val ETF-U (VBR, 7.2%) and Vngrd Mrngstr MD-Cap Val ETF (VOE, 6.6%). Compared with Q2 2024, it opened 5 new positions, sold out of 2, added to 39 and reduced 35. The biggest buy was iShares Core US REIT ETF (USRT, shares +7%) and the biggest sale iShares Russell 1000 Growth (IWF, shares −4%).

Most Recent 13F
Q2 2026
Location
Lancaster, PA
CIK
0001846515
Portfolio Value
$838.1M (Q3 2024)
SEC Filing
0001172661-24-004313 ↗ filed Oct 21, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $778.8M Q1 2024 Q2 2024: $777.2M Q2 2024 Q3 2024: $838.1M $838.1M Q3 2024 Q4 2024: $839.2M Q4 2024 Q1 2025: $820.2M Q1 2025 Q2 2025: $910.3M Q2 2025 Q3 2025: $970.1M Q3 2025 Q4 2025: $987.6M Q4 2025 Q1 2026: $982.2M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 95 stocks · $838.1M
VTV Vanguard Mrngstr Val ETF-Aui 8.44% 405,102 $70.7M Reduce -1.6%
VBR Vngrd Mrngst SL-CP Val ETF-U 7.17% 299,381 $60.1M Add +0.2%
VOE Vngrd Mrngstr MD-Cap Val ETF 6.64% 332,107 $55.7M Reduce -2.6%
IWP iShares Russell Mid-Cap Grow 6.12% 437,027 $51.3M Add +1.0%
IWF iShares Russell 1000 Growth 5.76% 128,691 $48.3M Reduce -4.4%
SPSB SS SPDR P St C Corp. ETF 5.41% 1,496,086 $45.3M Add +1.1%
SPYG SS SPDR P S&P 500 Growth ETF 4.86% 491,459 $40.8M Reduce -2.9%
SLYG SS SPDR S&P 600 SC GR ETF 4.36% 392,285 $36.5M Reduce -1.3%
VBK Van Morst SML-Cap Gro-Usd Inc. 3.91% 122,513 $32.8M Add +2.4%
SLYV SS SPDR S&P 600 SC Val ETF 3.12% 300,995 $26.1M Add +1.6%
SPYV SS SPDR P S&P 500 Value ETF 3.06% 484,937 $25.6M Reduce -2.3%
VOT Vngrd Mrngstr MC GRW ETF-Usd 2.70% 92,918 $22.6M Add +4.2%
IWS iShares Russell Mid-Cap Valu 2.47% 156,393 $20.7M Add +3.9%
VNQ Vanguard Real Estate ETF 2.11% 181,715 $17.7M Reduce -5.2%
IVW iShares S&P 500 Growth ETF 2.04% 178,478 $17.1M Add +5.8%
MDYG SS SPDR S&P 400 MC GR ETF 2.01% 191,545 $16.8M Reduce -0.9%
MDYV SS SPDR S&P 400 MC Val ETF 1.99% 209,592 $16.7M Reduce -1.4%
IMCG iShares Morningstar Mid-Cap 1.91% 219,935 $16.0M Add +4.2%
USRT iShares Core US REIT ETF 1.75% 238,741 $14.7M Add +7.3%
VEA Vanguard Ftse Developed ETF 1.74% 275,809 $14.6M Add +2.0%
SPEM State Street SP PTF Em ETF 1.72% 348,324 $14.4M Add +1.4%
VUG Vanguard Mrngstar GR ETF-Sui 1.60% 34,935 $13.4M Add +0.0%
VCSH Vanguard S/T Corp. Bond ETF 1.56% 165,010 $13.1M Add +11.9%
PRF Invesco Rafi US 1000 ETF 1.54% 318,068 $12.9M Add +9.3%
SPDW Ste STR SPDR PT DW Eu ETF 1.40% 312,371 $11.7M Reduce -1.9%
IJT iShares S&P Small-Cap 600 GR 1.13% 67,769 $9.5M Reduce -1.2%
IVE iShares S&P 500 Value ETF 1.07% 45,447 $9.0M Add +2.0%
IJK iShares S&P Mid-Cap 400 Grow 0.88% 79,914 $7.3M Add +23.9%
IEFA iShares Core MSCI Eafe ETF 0.85% 91,636 $7.2M Add +4.1%
VWO Vanguard Ftse Emerging Marke 0.77% 135,105 $6.5M Reduce -1.1%
IMCV iShares Morningstar Mid-Cap 0.73% 79,575 $6.1M Reduce -2.2%
IJS iShares S&P Small-Cap 600 Va 0.67% 52,413 $5.6M Reduce -0.9%
IWO iShares Russell 2000 Growth 0.61% 18,015 $5.1M Reduce -2.3%
VONG Vanguard Russell 1000 Growth 0.53% 46,105 $4.5M Reduce -0.8%
LOW Lowe's Cos Inc. 0.52% 16,236 $4.4M Reduce -2.3%
IEMG iShares Core MSCI Emerging 0.45% 65,828 $3.8M Add +4.9%
IYR iShares US Real Estate ETF 0.41% 33,557 $3.4M Reduce -14.1%
CZA Invesco Zacks Mid-Cap ETF 0.38% 29,505 $3.2M Reduce -0.9%
VTWV Vanguard Russell 2000 Value 0.31% 17,502 $2.6M Reduce -0.6%
RWL Invesco S&P 500 Revenue ETF 0.29% 24,488 $2.4M Reduce -3.5%
VTI VG Morningstar TS MKT ETF-US 0.27% 7,962 $2.3M Add +8.8%
DON Wisdomtree US Midcap Dividen 0.26% 42,506 $2.2M Add +6.2%
ISCV iShares Morningstar Small-Ca 0.24% 32,267 $2.0M Add +2.1%
PH Parker Hannifin Corp. 0.23% 3,115 $2.0M No change
EDIV State Street SPDR S&P Emergi 0.23% 50,930 $1.9M Add +2.6%
MSFT Microsoft Corp. 0.23% 4,395 $1.9M Reduce -0.8%
DGRO iShares Core Dividend Growth 0.22% 29,875 $1.9M Reduce -6.3%
ILCG iShares Morningstar Growth E 0.19% 19,313 $1.6M Reduce -7.8%
AAPL Apple Inc. 0.18% 6,541 $1.5M Add +1.1%
IVV iShares Core S&P 500 ETF 0.18% 2,635 $1.5M Reduce -1.5%
ISCG iShares Morningstar Small-Ca 0.18% 30,900 $1.5M Reduce -5.2%
IJJ iShares S&P Mid-Cap 400 Valu 0.17% 11,663 $1.4M Add +10.7%
NVDA Nvidia Corp. 0.17% 11,555 $1.4M Add +1.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.14% 4,300 $1.1M No change
ACGL Arch Capital Group Ltd. 0.13% 10,014 $1.1M No change
IWN iShares Russell 2000 Value E 0.11% 5,293 $883K Reduce -6.6%
RPG Invesco S&P 500 Pure Growth 0.10% 21,064 $827K Reduce -5.3%
VB Vanguard Most SM-Cap ETF-Usd 0.10% 3,426 $813K No change
ITOT iShares Core S&P Total U.S. 0.09% 5,721 $719K Add +25.9%
IWD iShares Russell 1000 Value E 0.09% 3,755 $713K Reduce -2.2%
VOOV Vanguard S&P 500 Value ETF 0.08% 3,470 $662K No change
ARKK ARK Innovation ETF 0.08% 13,070 $654K Add +18.9%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.08% 1,974 $636K Reduce -2.0%
VOOG Vanguard S&P 500 Growth ETF 0.07% 1,770 $611K Add +1.7%
VIOV Vanguard S&P Small-Cap 600 V 0.07% 6,200 $573K No change
SDY SS SPDR S&P Dividend ETF 0.07% 3,907 $555K No change
VIOG Vanguard S&P SM Cap 600 GRW 0.06% 4,060 $486K Add +97.1%
ORRF Orrstown Finl Services Inc. 0.06% 13,333 $479K New
JJSF J & J Snack Foods Corp. 0.06% 2,702 $465K Reduce -16.7%
COST Costco Wholesale Corp. 0.06% 522 $463K Reduce -1.7%
VONV Vanguard Russell 1000 Value 0.05% 5,265 $439K Reduce -4.2%
IVOG Vanguard S&P Mid-Cap 400 Gro 0.05% 3,798 $435K No change
IVOV Vanguard S&P Mid-Cap 400 Val 0.05% 4,506 $431K No change
IWY iShares Russell Top 200 Grow 0.05% 1,755 $386K Reduce -24.7%
VXF Vanguard Extended Market ETF 0.05% 2,119 $386K Reduce -8.8%
TMO Thermo Fisher Scientific Inc. 0.04% 586 $362K Add +1.7%
VOO Vanguard S&P 500 ETF 0.04% 670 $354K Add +5.8%
TQQQ Proshares Ultrapro QQQ 0.04% 4,202 $305K No change
PFM Invesco Dividend Achievers E 0.03% 5,894 $274K No change
ONEY SS SPDR R1000 Yield Foc ETF 0.03% 2,363 $265K No change
FITB Fifth Third Bancorp 0.03% 6,048 $259K Add +0.1%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 0.03% 2,010 $258K New
AMZN Amazon.com Inc. 0.03% 1,352 $252K Add +8.9%
BRK.B Berkshire Hathaway Inc. Class B 0.03% 534 $246K Add +5.1%
SO The Southern Co. 0.03% 2,660 $240K Add +0.8%
PG The Procter & Gamble Co. 0.03% 1,370 $237K Add +1.1%
VYM Vanguard High DVD Yield ETF 0.03% 1,838 $236K No change
MLM Martin Marietta Materials 0.03% 434 $234K No change
T AT&T Inc. 0.03% 10,459 $230K Add +1.6%
EFA iShares MSCI Eafe ETF 0.03% 2,725 $228K Add +1.5%
SCHG Schwab US Large-Cap Growth 0.03% 2,170 $226K No change
ADP Automatic Data Processing 0.03% 806 $223K New
ACWI iShares MSCI Acwi ETF 0.03% 1,839 $220K New
IJH iShares Core S&P Midcap ETF 0.02% 3,230 $201K New
VLY Valley National Bancorp 0.02% 22,000 $199K No change

Portfolio Sells Q2 2024 → Q3 2024
IWF iShares Russell 1000 Growth Reduce -4.4% 5.76% −0.55
SPYG SS SPDR P S&P 500 Growth ETF Reduce -2.9% 4.86% −0.36
MDYG SS SPDR S&P 400 MC GR ETF Reduce -0.9% 2.01% −0.09
VTV Vanguard Mrngstr Val ETF-Aui Reduce -1.6% 8.44% −0.06
SPYV SS SPDR P S&P 500 Value ETF Reduce -2.3% 3.06% −0.05
CVLY Codorus Valley Bancorp Inc. Sold out 0.00% −0.05
SPDW Ste STR SPDR PT DW Eu ETF Reduce -1.9% 1.40% −0.04
SLYG SS SPDR S&P 600 SC GR ETF Reduce -1.3% 4.36% −0.03
IYR iShares US Real Estate ETF Reduce -14.1% 0.41% −0.03
VONG Vanguard Russell 1000 Growth Reduce -0.8% 0.53% −0.03
MSFT Microsoft Corp. Reduce -0.8% 0.23% −0.03
BKIE BNY Mellon Intl Eqty ETF Sold out 0.00% −0.03
ILCG iShares Morningstar Growth E Reduce -7.8% 0.19% −0.03
IWY iShares Russell Top 200 Grow Reduce -24.7% 0.05% −0.02
RWL Invesco S&P 500 Revenue ETF Reduce -3.5% 0.29% −0.02
DGRO iShares Core Dividend Growth Reduce -6.3% 0.22% −0.01
IWO iShares Russell 2000 Growth Reduce -2.3% 0.61% −0.01
JJSF J & J Snack Foods Corp. Reduce -16.7% 0.06% −0.01
ISCG iShares Morningstar Small-Ca Reduce -5.2% 0.18% −0.01
RPG Invesco S&P 500 Pure Growth Reduce -5.3% 0.10% −0.01
IMCV iShares Morningstar Mid-Cap Reduce -2.2% 0.73% −0.01
IVV iShares Core S&P 500 ETF Reduce -1.5% 0.18% −0.01
MDYV SS SPDR S&P 400 MC Val ETF Reduce -1.4% 1.99% −0.01
IJT iShares S&P Small-Cap 600 GR Reduce -1.2% 1.13% −0.01
IWN iShares Russell 2000 Value E Reduce -6.6% 0.11% −0.01
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -2.0% 0.08% −0.01
VXF Vanguard Extended Market ETF Reduce -8.8% 0.05% −0.00
COST Costco Wholesale Corp. Reduce -1.7% 0.06% −0.00
VONV Vanguard Russell 1000 Value Reduce -4.2% 0.05% −0.00
IWD iShares Russell 1000 Value E Reduce -2.2% 0.09% −0.00
VWO Vanguard Ftse Emerging Marke Reduce -1.1% 0.77% +0.00
VTWV Vanguard Russell 2000 Value Reduce -0.6% 0.31% +0.00
CZA Invesco Zacks Mid-Cap ETF Reduce -0.9% 0.38% +0.01
IJS iShares S&P Small-Cap 600 Va Reduce -0.9% 0.67% +0.01
VOE Vngrd Mrngstr MD-Cap Val ETF Reduce -2.6% 6.64% +0.04
VNQ Vanguard Real Estate ETF Reduce -5.2% 2.11% +0.05
LOW Lowe's Cos Inc. Reduce -2.3% 0.52% +0.05

Portfolio Buys Q2 2024 → Q3 2024
USRT iShares Core US REIT ETF Add +7.3% 1.75% +0.22
VBR Vngrd Mrngst SL-CP Val ETF-U Add +0.2% 7.17% +0.16
IJK iShares S&P Mid-Cap 400 Grow Add +23.9% 0.88% +0.15
SLYV SS SPDR S&P 600 SC Val ETF Add +1.6% 3.12% +0.13
IWS iShares Russell Mid-Cap Valu Add +3.9% 2.47% +0.13
PRF Invesco Rafi US 1000 ETF Add +9.3% 1.54% +0.12
VCSH Vanguard S/T Corp. Bond ETF Add +11.9% 1.56% +0.10
IMCG iShares Morningstar Mid-Cap Add +4.2% 1.91% +0.08
VOT Vngrd Mrngstr MC GRW ETF-Usd Add +4.2% 2.70% +0.06
VBK Van Morst SML-Cap Gro-Usd Inc. Add +2.4% 3.91% +0.06
ORRF Orrstown Finl Services Inc. New 0.06% +0.06
SPEM State Street SP PTF Em ETF Add +1.4% 1.72% +0.05
IVW iShares S&P 500 Growth ETF Add +5.8% 2.04% +0.03
MGV Vngrd Mrgstr MG CP VL ETF-Ui New 0.03% +0.03
IEFA iShares Core MSCI Eafe ETF Add +4.1% 0.85% +0.03
VIOG Vanguard S&P SM Cap 600 GRW Add +97.1% 0.06% +0.03
ADP Automatic Data Processing New 0.03% +0.03
ACWI iShares MSCI Acwi ETF New 0.03% +0.03
IVE iShares S&P 500 Value ETF Add +2.0% 1.07% +0.03
IJH iShares Core S&P Midcap ETF New 0.02% +0.02
IEMG iShares Core MSCI Emerging Add +4.9% 0.45% +0.02
DON Wisdomtree US Midcap Dividen Add +6.2% 0.26% +0.02
IJJ iShares S&P Mid-Cap 400 Valu Add +10.7% 0.17% +0.02
VEA Vanguard Ftse Developed ETF Add +2.0% 1.74% +0.02
VTI VG Morningstar TS MKT ETF-US Add +8.8% 0.27% +0.02
ITOT iShares Core S&P Total U.S. Add +25.9% 0.09% +0.02
ARKK ARK Innovation ETF Add +18.9% 0.08% +0.01
ISCV iShares Morningstar Small-Ca Add +2.1% 0.24% +0.01
AAPL Apple Inc. Add +1.1% 0.18% +0.01
EDIV State Street SPDR S&P Emergi Add +2.6% 0.23% +0.00
BRK.B Berkshire Hathaway Inc. Class B Add +5.1% 0.03% +0.00
FITB Fifth Third Bancorp Add +0.1% 0.03% +0.00
SO The Southern Co. Add +0.8% 0.03% +0.00
TMO Thermo Fisher Scientific Inc. Add +1.7% 0.04% +0.00
T AT&T Inc. Add +1.6% 0.03% +0.00
VOO Vanguard S&P 500 ETF Add +5.8% 0.04% +0.00
EFA iShares MSCI Eafe ETF Add +1.5% 0.03% +0.00
PG The Procter & Gamble Co. Add +1.1% 0.03% −0.00
AMZN Amazon.com Inc. Add +8.9% 0.03% −0.00
VOOG Vanguard S&P 500 Growth ETF Add +1.7% 0.07% −0.00
NVDA Nvidia Corp. Add +1.9% 0.17% −0.01
IWP iShares Russell Mid-Cap Grow Add +1.0% 6.12% −0.03
VUG Vanguard Mrngstar GR ETF-Sui Add +0.0% 1.60% −0.08
SPSB SS SPDR P St C Corp. ETF Add +1.1% 5.41% −0.25

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 108$1.1BVTV, VBR, VOE, IWP, IWF
Q1 2026 101$982.2MVTV, VOE, VBR, IWP, IWF
Q4 2025 107$987.6MVTV, VBR, VOE, IWF, IWP
Q3 2025 105$970.1MVTV, VBR, VOE, IWF, IWP
Q2 2025 103$910.3MVTV, VBR, VOE, IWP, IWF
Q1 2025 97$820.2MVTV, VBR, VOE, IWP, SPSB
Q4 2024 98$839.2MVTV, VBR, VOE, IWP, IWF
Q3 2024 95$838.1MVTV, VBR, VOE, IWP, IWF
Q2 2024 92$777.2MVTV, VBR, VOE, IWF, IWP
Q1 2024 91$778.8MVTV, VBR, IWP, VOE, IWF