Smith & Howard Wealth Management, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 23, 2025), Smith & Howard Wealth Management, LLC reported 80 stock positions worth $366.0 million. Its top holding was iShares Core U.S. Aggregate (AGG) at 19.3% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 12.1%) and iShares Core MSCI Eafe ETF (IEFA, 8.1%). Compared with Q4 2024, it opened 2 new positions, sold out of 4, added to 20 and reduced 24. The biggest buy was iShares Core U.S. Aggregate (AGG, shares +17%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −2%).

Most Recent 13F
Q2 2026
Location
ATLANTA, GA
CIK
0001543991
Portfolio Value
$366.0M (Q1 2025)
SEC Filing
0001398344-25-007512 ↗ filed Apr 23, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $323.4M Q1 2024 Q2 2024: $335.3M Q2 2024 Q3 2024: $355.5M Q3 2024 Q4 2024: $353.3M Q4 2024 Q1 2025: $366.0M $366.0M Q1 2025 Q2 2025: $394.2M Q2 2025 Q3 2025: $429.1M Q3 2025 Q4 2025: $437.0M Q4 2025 Q1 2026: $462.4M Q1 2026 Q2 2026: $486.2M Q2 2026

Holdings 80 stocks · $366.0M
AGG iShares Core U.S. Aggregate 19.28% 713,245 $70.6M Add +16.8%
VTI VG Morningstar TS MKT ETF-US 12.14% 161,631 $44.4M Reduce -1.6%
IEFA iShares Core MSCI Eafe ETF 8.07% 390,264 $29.5M Add +1.6%
VTV Vanguard Mrngstr Val ETF-Aui 6.09% 128,934 $22.3M Add +15.7%
JMUB JPMorgan Municipal ETF 5.58% 408,796 $20.4M Reduce -14.5%
BND Vanguard Total Bond Market 4.13% 205,668 $15.1M Reduce -5.2%
VEA Vanguard Ftse Developed ETF 3.60% 259,284 $13.2M Reduce -2.3%
VUG Vanguard Mrngstar GR ETF-Sui 3.27% 32,288 $12.0M Add +19.5%
IEMG iShares Core MSCI Emerging 3.18% 215,987 $11.7M Add +6.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 2.90% 40,976 $10.6M Add +17.1%
VB Vanguard Most SM-Cap ETF-Usd 2.84% 46,874 $10.4M Add +20.0%
MUB iShares National Muni Bond E 2.65% 92,057 $9.7M Add +4.6%
VWO Vanguard Ftse Emerging Marke 2.40% 194,130 $8.8M Reduce -1.2%
SPY SS SPDR S&P 500 ETF Trust-US 2.25% 14,719 $8.2M No change
IWD iShares Russell 1000 Value E 2.10% 40,907 $7.7M Add +1.1%
IWF iShares Russell 1000 Growth 1.81% 18,388 $6.6M Add +10.8%
IWM iShares Russell 2000 ETF 1.41% 25,842 $5.2M Add +8.9%
ACWX iShares MSCI Acwi Ex US ETF 1.36% 89,733 $5.0M Add +0.3%
EFA iShares MSCI Eafe ETF 1.18% 52,747 $4.3M Reduce -0.7%
TPYP Managed Portfolio Series 1.07% 107,539 $3.9M Reduce -3.6%
IWR iShares Russell Mid-Cap ETF 1.04% 44,929 $3.8M Add +8.0%
AAPL Apple Inc. 0.88% 14,426 $3.2M Reduce -0.5%
SUB iShares Short-Term National 0.83% 28,828 $3.0M Reduce -4.0%
TLT iShares 20+ Year Treasury BD 0.80% 32,000 $2.9M Add +6.7%
VXUS Vanguard Total Intl Stock 0.78% 45,821 $2.8M No change
AHLT American Beacon Ahl Trend 0.74% 115,502 $2.7M Add +136.9%
HD Home Depot Inc. 0.49% 4,857 $1.8M Add +2.9%
AFL Aflac Inc. 0.42% 13,685 $1.5M No change
KO The Coca-Cola Co. 0.40% 20,519 $1.5M Reduce -2.4%
MSFT Microsoft Corp. 0.36% 3,538 $1.3M Reduce -0.5%
XOM Exxon Mobil Corp. 0.30% 9,305 $1.1M No change
SCHB Schwab US Broad Market ETF 0.28% 47,622 $1.0M Reduce -32.2%
JNJ Johnson & Johnson 0.27% 6,035 $1.0M No change
VEU Vanguard Ftse All-World Ex-U 0.27% 16,329 $991K Reduce -2.1%
NVDA Nvidia Corp. 0.26% 8,911 $966K Add +14.6%
COST Costco Wholesale Corp. 0.23% 907 $858K Reduce -1.4%
VHT Vanguard Health Care ETF 0.23% 3,202 $848K No change
AMZN Amazon.com Inc. 0.20% 3,814 $726K No change
GLD SPDR Gold Shares 0.20% 2,505 $722K No change
PG The Procter & Gamble Co. 0.16% 3,484 $594K No change
IWS iShares Russell Mid-Cap Valu 0.16% 4,617 $582K No change
EAGG iShares ESG Aware US Aggrega 0.15% 11,580 $550K No change
GOOG Alphabet Inc. Class C 0.15% 3,484 $544K No change
V Visa Inc. Class A 0.15% 1,533 $537K No change
IVV iShares Core S&P 500 ETF 0.14% 944 $530K Reduce -0.9%
MRSH Marsh & McLennan Cos 0.14% 2,100 $512K No change
GOOGL Alphabet Inc. Class A 0.14% 3,210 $496K Reduce -2.2%
JPM JPMorgan Chase & Co. 0.13% 1,998 $490K No change
XLK SS Technology Select Sector 0.12% 2,162 $446K Reduce -0.6%
SDY SS SPDR S&P Dividend ETF 0.12% 3,151 $428K No change
META Meta Platforms Inc. Class A 0.11% 701 $404K Reduce -4.2%
AVDE Avantis International Equity 0.10% 5,283 $350K New
ISRG Intuitive Surgical Inc. 0.09% 667 $330K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.09% 7,898 $330K Reduce -0.8%
IAU iShares Gold Trust 0.08% 4,998 $295K Reduce -11.1%
UNP Union Pacific Corp. 0.08% 1,238 $292K No change
EEM iShares MSCI Emerging Market 0.08% 6,538 $286K Add +32.4%
IJK iShares S&P Mid-Cap 400 Grow 0.08% 3,416 $284K No change
AVUS Avantis U.S. Equity ETF 0.08% 3,066 $283K No change
STIP iShares 0-5 Year Tips Bond E 0.08% 2,734 $283K No change
VIG Vanguard Dividend Apprec ETF 0.08% 1,426 $277K Add +3.2%
CVX Chevron Corp. 0.08% 1,653 $277K No change
MCD McDonald's Corp. 0.08% 885 $276K No change
ISTB iShares Core 1-5 Year Usd Bo 0.07% 5,543 $268K Reduce -61.9%
TT Trane Technologies PLC 0.07% 750 $253K No change
ABBV Abbvie Inc. 0.07% 1,198 $251K Reduce -3.0%
VYM Vanguard High DVD Yield ETF 0.07% 1,908 $246K No change
LMT Lockheed Martin Corp. 0.07% 537 $240K No change
VOO Vanguard S&P 500 ETF 0.06% 460 $236K No change
VNQ Vanguard Real Estate ETF 0.06% 2,578 $233K No change
AXP American Express Co. 0.06% 861 $232K No change
TFC Truist Financial Corp. 0.06% 5,575 $229K No change
TSM Taiwan Semiconductor-SP ADR 0.06% 1,372 $228K Add +8.9%
GE General Electric filed as GE AEROSPACE 0.06% 1,105 $221K New
WFC Wells Fargo & Co. 0.06% 3,060 $220K No change
COP Conocophillips 0.06% 2,043 $215K No change
DSI iShares ESG MSCI KLD 400 ETF 0.06% 2,078 $213K Reduce -2.1%
XLF SS Financial Select Sector 0.06% 4,226 $210K No change
TMO Thermo Fisher Scientific Inc. 0.06% 419 $209K No change
MRK Merck & Co. Inc. 0.06% 2,246 $202K Reduce -4.8%

Options reported separately and not counted above: SPY calls ($650K), TLT calls ($270K).

Portfolio Sells Q4 2024 → Q1 2025
VTI VG Morningstar TS MKT ETF-US Reduce -1.6% 12.14% −1.34
JMUB JPMorgan Municipal ETF Reduce -14.5% 5.58% −1.20
BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −1.04
BND Vanguard Total Bond Market Reduce -5.2% 4.13% −0.29
SCHB Schwab US Broad Market ETF Reduce -32.2% 0.28% −0.17
AAPL Apple Inc. Reduce -0.5% 0.88% −0.15
ISTB iShares Core 1-5 Year Usd Bo Reduce -61.9% 0.07% −0.12
XLV SS Health Care Select Sector Sold out 0.00% −0.07
SUB iShares Short-Term National Reduce -4.0% 0.83% −0.06
MSFT Microsoft Corp. Reduce -0.5% 0.36% −0.06
TSLA Tesla Inc. Sold out 0.00% −0.06
UCB United Community Banks Sold out 0.00% −0.06
VWO Vanguard Ftse Emerging Marke Reduce -1.2% 2.40% −0.05
GOOGL Alphabet Inc. Class A Reduce -2.2% 0.14% −0.04
XLK SS Technology Select Sector Reduce -0.6% 0.12% −0.02
IVV iShares Core S&P 500 ETF Reduce -0.9% 0.14% −0.01
MRK Merck & Co. Inc. Reduce -4.8% 0.06% −0.01
META Meta Platforms Inc. Class A Reduce -4.2% 0.11% −0.01
BAC Bank of America Corp. Reduce -0.8% 0.09% −0.01
DSI iShares ESG MSCI KLD 400 ETF Reduce -2.1% 0.06% −0.01
TPYP Managed Portfolio Series Reduce -3.6% 1.07% −0.01
COST Costco Wholesale Corp. Reduce -1.4% 0.23% −0.00
VEU Vanguard Ftse All-World Ex-U Reduce -2.1% 0.27% −0.00
IAU iShares Gold Trust Reduce -11.1% 0.08% +0.00
ABBV Abbvie Inc. Reduce -3.0% 0.07% +0.01
VEA Vanguard Ftse Developed ETF Reduce -2.3% 3.60% +0.01
KO The Coca-Cola Co. Reduce -2.4% 0.40% +0.03
EFA iShares MSCI Eafe ETF Reduce -0.7% 1.18% +0.04

Portfolio Buys Q4 2024 → Q1 2025
AGG iShares Core U.S. Aggregate Add +16.8% 19.28% +2.53
VTV Vanguard Mrngstr Val ETF-Aui Add +15.7% 6.09% +0.75
IEFA iShares Core MSCI Eafe ETF Add +1.6% 8.07% +0.42
AHLT American Beacon Ahl Trend Add +136.9% 0.74% +0.42
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +17.1% 2.90% +0.28
IEMG iShares Core MSCI Emerging Add +6.8% 3.18% +0.20
VB Vanguard Most SM-Cap ETF-Usd Add +20.0% 2.84% +0.18
VUG Vanguard Mrngstar GR ETF-Sui Add +19.5% 3.27% +0.13
AVDE Avantis International Equity New 0.10% +0.10
GE General Electric New 0.06% +0.06
TLT iShares 20+ Year Treasury BD Add +6.7% 0.80% +0.05
ACWX iShares MSCI Acwi Ex US ETF Add +0.3% 1.36% +0.04
EEM iShares MSCI Emerging Market Add +32.4% 0.08% +0.02
IWR iShares Russell Mid-Cap ETF Add +8.0% 1.04% +0.00
MUB iShares National Muni Bond E Add +4.6% 2.65% −0.00
VIG Vanguard Dividend Apprec ETF Add +3.2% 0.08% −0.00
TSM Taiwan Semiconductor-SP ADR Add +8.9% 0.06% −0.01
IWD iShares Russell 1000 Value E Add +1.1% 2.10% −0.02
NVDA Nvidia Corp. Add +14.6% 0.26% −0.03
HD Home Depot Inc. Add +2.9% 0.49% −0.03
IWF iShares Russell 1000 Growth Add +10.8% 1.81% −0.07
IWM iShares Russell 2000 ETF Add +8.9% 1.41% −0.08

Options Activity Q4 2024 → Q1 2025
SPY SS SPDR S&P 500 ETF Trust-US call Add +100.0% 1,000 $650K
TLT iShares 20+ Year Treasury BD call New 3,000 $270K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 87$486.2MVCRB, VTI, IEFA, VTV, JMUB
Q1 2026 88$462.4MVCRB, VTI, IEFA, VTV, JMUB
Q4 2025 80$437.0MVCRB, VTI, IEFA, VTV, JMUB
Q3 2025 77$429.1MVCRB, VTI, IEFA, VTV, JMUB
Q2 2025 79$394.2MVCRB, VTI, IEFA, VTV, JMUB
Q1 2025 80$366.0MAGG, VTI, IEFA, VTV, JMUB
Q4 2024 82$353.3MAGG, VTI, IEFA, JMUB, VTV
Q3 2024 80$355.5MAGG, VTI, IEFA, VTV, JMUB
Q2 2024 81$335.3MAGG, VTI, IEFA, VTV, JMUB
Q1 2024 76$323.4MAGG, VTI, IEFA, VTV, VEA