Smith & Howard Wealth Management, LLC

Name: Smith & Howard Wealth Management, LLC 13F holdings, Q2 2025
Creator: Smith & Howard Wealth Management, LLC
Published: 2025-07-15

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 15, 2025), Smith & Howard Wealth Management, LLC reported 79 stock positions worth $394.2 million. Its top holding was Vanguard Core Bond ETF (VCRB) at 17.2% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 12.2%) and iShares Core MSCI Eafe ETF (IEFA, 8.5%). Compared with Q1 2025, it opened 3 new positions, sold out of 4, added to 17 and reduced 31. The biggest buy was a new position in Vanguard Core Bond ETF (VCRB) and the biggest sale iShares Core U.S. Aggregate (AGG, shares −81%).

Most Recent 13F: Q2 2026
Location: ATLANTA, GA
CIK: 0001543991
Portfolio Value: $394.2M (Q2 2025)
SEC Filing: 0001398344-25-013169 ↗ filed Jul 15, 2025

Holdings Value

Holdings 79 stocks · $394.2M


VCRB Vanguard Core Bond ETF	17.18%	872,703	$67.7M	New
VTI VG Morningstar TS MKT ETF-US	12.23%	158,676	$48.2M	Reduce -1.8%
IEFA iShares Core MSCI Eafe ETF	8.47%	399,839	$33.4M	Add +2.5%
VTV Vanguard Mrngstr Val ETF-Aui	6.27%	139,893	$24.7M	Add +8.5%
JMUB JPMorgan Municipal ETF	5.11%	406,001	$20.2M	Reduce -0.7%
VUG Vanguard Mrngstar GR ETF-Sui	3.85%	34,625	$15.2M	Add +7.2%
VEA Vanguard Ftse Developed ETF	3.65%	252,652	$14.4M	Reduce -2.6%
AGG iShares Core U.S. Aggregate	3.49%	138,548	$13.7M	Reduce -80.6%
IEMG iShares Core MSCI Emerging	3.39%	222,556	$13.4M	Add +3.0%
VB Vanguard Most SM-Cap ETF-Usd	3.11%	51,657	$12.2M	Add +10.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd	3.07%	43,284	$12.1M	Add +5.6%
BND Vanguard Total Bond Market	2.44%	130,414	$9.6M	Reduce -36.6%
VWO Vanguard Ftse Emerging Marke	2.37%	189,023	$9.3M	Reduce -2.6%
MUB iShares National Muni Bond E	2.37%	89,440	$9.3M	Reduce -2.8%
SPY SS SPDR S&P 500 ETF Trust-US	2.34%	14,919	$9.2M	Add +1.4%
IWD iShares Russell 1000 Value E	2.08%	42,146	$8.2M	Add +3.0%
IWF iShares Russell 1000 Growth	1.88%	17,497	$7.4M	Reduce -4.8%
IWM iShares Russell 2000 ETF	1.42%	25,903	$5.6M	Add +0.2%
ACWX iShares MSCI Acwi Ex US ETF	1.36%	87,684	$5.3M	Reduce -2.3%
EFA iShares MSCI Eafe ETF	1.17%	51,400	$4.6M	Reduce -2.5%
IWR iShares Russell Mid-Cap ETF	1.07%	45,906	$4.2M	Add +2.2%
TPYP Managed Portfolio Series	0.96%	105,829	$3.8M	Reduce -1.6%
VXUS Vanguard Total Intl Stock	0.80%	45,821	$3.2M	No change
AAPL Apple Inc.	0.77%	14,879	$3.1M	Add +3.1%
TLT iShares 20+ Year Treasury BD	0.72%	32,000	$2.8M	No change
SUB iShares Short-Term National	0.62%	22,850	$2.4M	Reduce -20.7%
AHLT American Beacon Ahl Trend	0.56%	99,218	$2.2M	Reduce -14.1%
HD Home Depot Inc.	0.46%	4,953	$1.8M	Add +2.0%
MSFT Microsoft Corp.	0.42%	3,355	$1.7M	Reduce -5.2%
KO The Coca-Cola Co.	0.38%	21,091	$1.5M	Add +2.8%
AFL Aflac Inc.	0.37%	13,685	$1.4M	No change
NVDA Nvidia Corp.	0.33%	8,356	$1.3M	Reduce -6.2%
SCHB Schwab US Broad Market ETF	0.29%	47,411	$1.1M	Reduce -0.4%
VEU Vanguard Ftse All-World Ex-U	0.27%	15,539	$1.0M	Reduce -4.8%
XOM Exxon Mobil Corp.	0.25%	9,305	$1.0M	No change
COST Costco Wholesale Corp.	0.25%	1,007	$997K	Add +11.0%
JNJ Johnson & Johnson	0.23%	5,997	$916K	Reduce -0.6%
AMZN Amazon.com Inc.	0.22%	4,034	$885K	Add +5.8%
VHT Vanguard Health Care ETF	0.20%	3,202	$795K	No change
GLD SPDR Gold Shares	0.19%	2,505	$764K	No change
GOOG Alphabet Inc. Class C	0.16%	3,484	$618K	No change
IWS iShares Russell Mid-Cap Valu	0.15%	4,617	$610K	No change
IVV iShares Core S&P 500 ETF	0.15%	944	$586K	No change
JPM JPMorgan Chase & Co.	0.15%	1,998	$579K	No change
GOOGL Alphabet Inc. Class A	0.14%	3,210	$566K	No change
PG The Procter & Gamble Co.	0.14%	3,484	$555K	No change
XLK SS Technology Select Sector	0.14%	2,162	$547K	No change
MRSH Marsh & McLennan Cos	0.12%	2,100	$459K	No change
META Meta Platforms Inc. Class A	0.11%	601	$444K	Reduce -14.3%
V Visa Inc. Class A	0.11%	1,226	$435K	Reduce -20.0%
SDY SS SPDR S&P Dividend ETF	0.11%	3,151	$428K	No change
EAGG iShares ESG Aware US Aggrega	0.10%	8,041	$382K	Reduce -30.6%
ISRG Intuitive Surgical Inc.	0.08%	612	$333K	Reduce -8.3%
TT Trane Technologies PLC	0.08%	750	$328K	No change
IJK iShares S&P Mid-Cap 400 Grow	0.08%	3,420	$311K	Add +0.1%
AVUS Avantis U.S. Equity ETF	0.08%	3,066	$309K	No change
TSM Taiwan Semiconductor-SP ADR	0.08%	1,335	$302K	Reduce -2.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.08%	6,258	$296K	Reduce -20.8%
IAU iShares Gold Trust	0.08%	4,748	$296K	Reduce -5.0%
VIG Vanguard Dividend Apprec ETF	0.07%	1,426	$292K	No change
UNP Union Pacific Corp.	0.07%	1,238	$285K	No change
GE General Electric filed as GE AEROSPACE	0.07%	1,103	$284K	Reduce -0.2%
STIP iShares 0-5 Year Tips Bond E	0.07%	2,734	$281K	No change
AXP American Express Co.	0.07%	861	$275K	No change
ISTB iShares Core 1-5 Year Usd Bo	0.07%	5,543	$270K	No change
VOO Vanguard S&P 500 ETF	0.07%	460	$261K	No change
VYM Vanguard High DVD Yield ETF	0.06%	1,908	$254K	No change
LMT Lockheed Martin Corp.	0.06%	537	$249K	No change
MCD McDonald's Corp.	0.06%	842	$246K	Reduce -4.9%
WFC Wells Fargo & Co.	0.06%	3,040	$244K	Reduce -0.7%
TFC Truist Financial Corp.	0.06%	5,582	$240K	Add +0.1%
DSI iShares ESG MSCI KLD 400 ETF	0.06%	2,038	$237K	Reduce -1.9%
CVX Chevron Corp.	0.06%	1,653	$237K	No change
VNQ Vanguard Real Estate ETF	0.06%	2,548	$227K	Reduce -1.2%
ABBV Abbvie Inc.	0.06%	1,198	$222K	No change
XLF SS Financial Select Sector	0.06%	4,226	$221K	No change
EEM iShares MSCI Emerging Market	0.06%	4,490	$217K	Reduce -31.3%
IWP iShares Russell Mid-Cap Grow	0.05%	1,529	$212K	New
CWI State Street SPDR MSCI Acwi	0.05%	6,411	$209K	New

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

Portfolio Sells Q1 2025 → Q2 2025


AGG iShares Core U.S. Aggregate	Reduce -80.6%	3.49%	−15.79
BND Vanguard Total Bond Market	Reduce -36.6%	2.44%	−1.69
JMUB JPMorgan Municipal ETF	Reduce -0.7%	5.11%	−0.47
MUB iShares National Muni Bond E	Reduce -2.8%	2.37%	−0.28
SUB iShares Short-Term National	Reduce -20.7%	0.62%	−0.22
AHLT American Beacon Ahl Trend	Reduce -14.1%	0.56%	−0.18
TPYP Managed Portfolio Series	Reduce -1.6%	0.96%	−0.11
AVDE Avantis International Equity	Sold out	0.00%	−0.10
COP Conocophillips	Sold out	0.00%	−0.06
TMO Thermo Fisher Scientific Inc.	Sold out	0.00%	−0.06
MRK Merck & Co. Inc.	Sold out	0.00%	−0.06
EAGG iShares ESG Aware US Aggrega	Reduce -30.6%	0.10%	−0.05
JNJ Johnson & Johnson	Reduce -0.6%	0.23%	−0.04
V Visa Inc. Class A	Reduce -20.0%	0.11%	−0.04
VWO Vanguard Ftse Emerging Marke	Reduce -2.6%	2.37%	−0.03
EEM iShares MSCI Emerging Market	Reduce -31.3%	0.06%	−0.02
BAC Bank of America Corp.	Reduce -20.8%	0.08%	−0.01
MCD McDonald's Corp.	Reduce -4.9%	0.06%	−0.01
EFA iShares MSCI Eafe ETF	Reduce -2.5%	1.17%	−0.01
VNQ Vanguard Real Estate ETF	Reduce -1.2%	0.06%	−0.01
ISRG Intuitive Surgical Inc.	Reduce -8.3%	0.08%	−0.01
VEU Vanguard Ftse All-World Ex-U	Reduce -4.8%	0.27%	−0.01
IAU iShares Gold Trust	Reduce -5.0%	0.08%	−0.01
ACWX iShares MSCI Acwi Ex US ETF	Reduce -2.3%	1.36%	−0.00
WFC Wells Fargo & Co.	Reduce -0.7%	0.06%	+0.00
DSI iShares ESG MSCI KLD 400 ETF	Reduce -1.9%	0.06%	+0.00
META Meta Platforms Inc. Class A	Reduce -14.3%	0.11%	+0.00
SCHB Schwab US Broad Market ETF	Reduce -0.4%	0.29%	+0.01
GE General Electric	Reduce -0.2%	0.07%	+0.01
TSM Taiwan Semiconductor-SP ADR	Reduce -2.7%	0.08%	+0.01
VEA Vanguard Ftse Developed ETF	Reduce -2.6%	3.65%	+0.05
MSFT Microsoft Corp.	Reduce -5.2%	0.42%	+0.06
IWF iShares Russell 1000 Growth	Reduce -4.8%	1.88%	+0.07
NVDA Nvidia Corp.	Reduce -6.2%	0.33%	+0.07
VTI VG Morningstar TS MKT ETF-US	Reduce -1.8%	12.23%	+0.10

Portfolio Buys Q1 2025 → Q2 2025


VCRB Vanguard Core Bond ETF	New	17.18%	+17.18
VUG Vanguard Mrngstar GR ETF-Sui	Add +7.2%	3.85%	+0.58
IEFA iShares Core MSCI Eafe ETF	Add +2.5%	8.47%	+0.40
VB Vanguard Most SM-Cap ETF-Usd	Add +10.2%	3.11%	+0.27
IEMG iShares Core MSCI Emerging	Add +3.0%	3.39%	+0.20
VTV Vanguard Mrngstr Val ETF-Aui	Add +8.5%	6.27%	+0.19
VO Vngrd Mrngstr MD-Cap ETF-Usd	Add +5.6%	3.07%	+0.18
SPY SS SPDR S&P 500 ETF Trust-US	Add +1.4%	2.34%	+0.09
IWP iShares Russell Mid-Cap Grow	New	0.05%	+0.05
CWI State Street SPDR MSCI Acwi	New	0.05%	+0.05
IWR iShares Russell Mid-Cap ETF	Add +2.2%	1.07%	+0.03
AMZN Amazon.com Inc.	Add +5.8%	0.22%	+0.03
COST Costco Wholesale Corp.	Add +11.0%	0.25%	+0.02
IWM iShares Russell 2000 ETF	Add +0.2%	1.42%	+0.01
IJK iShares S&P Mid-Cap 400 Grow	Add +0.1%	0.08%	+0.00
TFC Truist Financial Corp.	Add +0.1%	0.06%	−0.00
KO The Coca-Cola Co.	Add +2.8%	0.38%	−0.02
HD Home Depot Inc.	Add +2.0%	0.46%	−0.03
IWD iShares Russell 1000 Value E	Add +3.0%	2.08%	−0.03
AAPL Apple Inc.	Add +3.1%	0.77%	−0.10

Options Activity Q1 2025 → Q2 2025


TLT iShares 20+ Year Treasury BD	call	Sold out	3,000	$270Kbefore exit

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

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	87	$486.2M	VCRB, VTI, IEFA, VTV, JMUB
Q1 2026	88	$462.4M	VCRB, VTI, IEFA, VTV, JMUB
Q4 2025	80	$437.0M	VCRB, VTI, IEFA, VTV, JMUB
Q3 2025	77	$429.1M	VCRB, VTI, IEFA, VTV, JMUB
Q2 2025	79	$394.2M	VCRB, VTI, IEFA, VTV, JMUB
Q1 2025	80	$366.0M	AGG, VTI, IEFA, VTV, JMUB
Q4 2024	82	$353.3M	AGG, VTI, IEFA, JMUB, VTV
Q3 2024	80	$355.5M	AGG, VTI, IEFA, VTV, JMUB
Q2 2024	81	$335.3M	AGG, VTI, IEFA, VTV, JMUB
Q1 2024	76	$323.4M	AGG, VTI, IEFA, VTV, VEA