Valley Forge Investment Consultants Inc. Adv

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 30, 2024), Valley Forge Investment Consultants Inc. Adv reported 85 stock positions worth $256.4 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 34.5% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 11.5%) and Schwab US Large-Cap ETF (SCHX, 8.0%). Compared with Q4 2023, it opened 6 new positions, sold out of 1, added to 30 and reduced 19. The biggest buy was iShares Core MSCI Eafe ETF (IEFA, shares +25%) and the biggest sale Schwab US Large-Cap ETF (SCHX, shares −4%).

Most Recent 13F
Q2 2026
Location
AUDUBON, PA
CIK
0000920655
Portfolio Value
$256.4M (Q1 2024)
SEC Filing
0000920655-24-000003 ↗ filed Apr 30, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $256.4M $256.4M Q1 2024 Q2 2024: $264.2M Q2 2024 Q3 2024: $286.7M Q3 2024 Q4 2024: $291.2M Q4 2024 Q1 2025: $280.9M Q1 2025 Q2 2025: $312.1M Q2 2025 Q3 2025: $342.0M Q3 2025 Q4 2025: $343.9M Q4 2025 Q1 2026: $333.6M Q1 2026 Q2 2026: $388.3M Q2 2026

Holdings 85 stocks · $256.4M
IVV iShares Core S&P 500 ETF 34.50% 168,252 $88.5M Add +4.0%
IEFA iShares Core MSCI Eafe ETF 11.52% 397,962 $29.5M Add +24.9%
SCHX Schwab US Large-Cap ETF 8.00% 330,278 $20.5M Reduce -3.9%
IJH iShares Core S&P Midcap ETF 6.93% 292,697 $17.8M Add +7.3%
IJR iShares Core S&P Small-Cap E 6.67% 154,673 $17.1M Add +5.6%
SCHB Schwab US Broad Market ETF 3.16% 132,793 $8.1M Add +0.3%
SCHM Schwab US Mid Cap ETF 2.91% 91,468 $7.4M Add +27.0%
SCHA Schwab US Small-Cap ETF 2.70% 140,455 $6.9M Add +2.6%
SCHD Schwab US DVD Equity ETF 2.19% 69,478 $5.6M Reduce -8.4%
SCHF Schwab Intl Equity ETF 1.71% 112,563 $4.4M Reduce -17.6%
IWF iShares Russell 1000 Growth 1.62% 12,314 $4.2M Reduce -14.8%
BRK.A Berkshire Hathaway Inc. Class A 1.24% 5 $3.2M No change
SCHV Schwab US Large-Cap Value 1.04% 35,151 $2.7M Add +221.6%
IUSV iShares Core S&P U.S. Value 0.92% 25,949 $2.3M Add +168.7%
DFAC Dimensional US Core Equity 2 0.85% 68,560 $2.2M No change
SCHZ Schwab US Aggregate Bond ETF 0.79% 43,827 $2.0M Add +4.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.68% 10,665 $1.7M Reduce -0.6%
VIG Vanguard Dividend Apprec ETF 0.64% 8,931 $1.6M Add +1.2%
SCHG Schwab US Large-Cap Growth 0.62% 17,134 $1.6M Reduce -30.5%
AAPL Apple Inc. 0.60% 8,913 $1.5M Add +0.1%
IUSG iShares Core S&P U.S. Growth 0.54% 11,879 $1.4M Reduce -3.6%
VOO Vanguard S&P 500 ETF 0.54% 2,876 $1.4M Add +43.0%
DFAX Dimensional World Ex US Core 0.48% 48,655 $1.2M No change
VB Vanguard Most SM-Cap ETF-Usd 0.39% 4,321 $988K Add +0.1%
EFAV iShares MSCI Eafe Min Vol Fa 0.34% 12,237 $867K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.33% 3,530 $846K Add +0.3%
GOOGL Alphabet Inc. Class A 0.32% 5,497 $830K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.32% 3,307 $826K Add +0.1%
AGG iShares Core U.S. Aggregate 0.30% 7,905 $774K Add +16.5%
HSY The Hershey Co. 0.30% 3,905 $760K No change
SCHO Schwab Short-Term US Treas 0.28% 14,831 $715K Add +3.7%
IJS iShares S&P Small-Cap 600 Va 0.28% 6,867 $706K Reduce -23.0%
IJJ iShares S&P Mid-Cap 400 Valu 0.25% 5,417 $641K Reduce -14.0%
USMV iShares MSCI USA Min Vol Fac 0.25% 7,628 $638K Reduce -2.1%
GOOG Alphabet Inc. Class C 0.25% 4,156 $633K No change
MDYG SS SPDR S&P 400 MC GR ETF 0.22% 6,494 $567K Reduce -9.1%
PAYX Paychex Inc. 0.22% 4,560 $560K No change
MSFT Microsoft Corp. 0.21% 1,306 $549K Add +8.5%
IWR iShares Russell Mid-Cap ETF 0.20% 6,191 $521K Reduce -25.4%
CB Chubb Ltd. 0.20% 2,000 $518K No change
VEA Vanguard Ftse Developed ETF 0.20% 10,026 $503K Reduce -11.0%
IEMG iShares Core MSCI Emerging 0.19% 9,597 $495K Add +32.0%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.17% 1,679 $438K Add +0.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.17% 1,255 $432K Add +0.1%
VTEB Vanguard Tax-Exempt Bond ETF 0.17% 8,482 $429K No change
NVDA Nvidia Corp. 0.16% 468 $423K No change
SCHE Schwab Emrg Mrkts Eqty ETF 0.16% 15,957 $403K Reduce -6.1%
AMZN Amazon.com Inc. 0.15% 2,068 $373K Reduce -13.4%
SLYG SS SPDR S&P 600 SC GR ETF 0.14% 4,228 $369K Reduce -17.6%
BOND PIMCO Active Bond Exchange-T 0.14% 4,011 $368K Add +1.2%
IBDT iShares Ibonds Dec 2028 ETF 0.14% 14,344 $357K New
IBDS Ishrs Ibnds Dec 27 Corp. ETF 0.14% 14,974 $356K New
IBDR iShares Ibonds Dec 2026 Term 0.14% 14,926 $356K New
IBDQ iShares Ibonds Dec 2025 Term 0.14% 14,345 $356K New
IBDP iShares Ibonds Dec 2024 Term 0.14% 14,205 $356K New
IWN iShares Russell 2000 Value E 0.14% 2,199 $349K Add +0.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.13% 643 $336K No change
ITOT iShares Core S&P Total U.S. 0.12% 2,723 $314K Add +0.3%
BRK.B Berkshire Hathaway Inc. Class B 0.12% 711 $299K No change
IWM iShares Russell 2000 ETF 0.12% 1,421 $299K Reduce -0.4%
SPG Simon Property Group Inc. 0.11% 1,879 $294K No change
IXUS iShares Core Intl Stock ETF 0.11% 4,140 $281K Reduce -11.5%
VT Vanguard Tot World STK ETF 0.11% 2,533 $280K Add +15.6%
LMT Lockheed Martin Corp. 0.11% 602 $274K Add +0.3%
VYM Vanguard High DVD Yield ETF 0.10% 2,182 $264K No change
IWB iShares Russell 1000 ETF 0.10% 900 $259K No change
QQQ Invesco QQQ Trust Series 1 0.10% 578 $257K No change
META Meta Platforms Inc. Class A 0.09% 500 $243K No change
ISTB iShares Core 1-5 Year Usd Bo 0.09% 4,890 $232K Add +12.7%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.09% 942 $222K Add +0.2%
GLTR Abrdn Precious Metals Basket 0.08% 2,270 $217K No change
VWO Vanguard Ftse Emerging Marke 0.08% 5,073 $212K Reduce -19.3%
IAU iShares Gold Trust 0.08% 4,969 $209K New
LWLG Lightwave Logic Inc. 0.07% 40,000 $187K No change
SBGI Sinclair Inc. 0.06% 10,941 $147K Add +0.8%
JPM JPMorgan Chase & Co. 0.04% 563 $113K No change
JNJ Johnson & Johnson 0.04% 576 $91K No change
DLTH Duluth Holdings Inc. Class B 0.03% 13,983 $69K No change
CVX Chevron Corp. 0.01% 180 $28K No change
GM General Motors Co. 0.01% 440 $20K No change
C Citigroup Inc. 0.01% 232 $15K No change
FDX FedEx Corp. 0.01% 50 $14K No change
LBTYK Liberty Global Ltd. Class C 0.00% 643 $11K No change
MGA Magna International Inc. 0.00% 155 $8K No change
VOD Vodafone Group PLC-SP ADR 0.00% 374 $3K No change

Portfolio Sells Q4 2023 → Q1 2024
SCHX Schwab US Large-Cap ETF Reduce -3.9% 8.00% −0.62
DFSD Dimensional Short Duration Sold out 0.00% −0.58
SCHF Schwab Intl Equity ETF Reduce -17.6% 1.71% −0.53
SCHD Schwab US DVD Equity ETF Reduce -8.4% 2.19% −0.38
IWF iShares Russell 1000 Growth Reduce -14.8% 1.62% −0.33
SCHG Schwab US Large-Cap Growth Reduce -30.5% 0.62% −0.29
IJS iShares S&P Small-Cap 600 Va Reduce -23.0% 0.28% −0.13
IWR iShares Russell Mid-Cap ETF Reduce -25.4% 0.20% −0.08
IJJ iShares S&P Mid-Cap 400 Valu Reduce -14.0% 0.25% −0.07
SLYG SS SPDR S&P 600 SC GR ETF Reduce -17.6% 0.14% −0.05
VEA Vanguard Ftse Developed ETF Reduce -11.0% 0.20% −0.04
VTV Vanguard Mrngstr Val ETF-Aui Reduce -0.6% 0.68% −0.04
VWO Vanguard Ftse Emerging Marke Reduce -19.3% 0.08% −0.03
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -6.1% 0.16% −0.03
IUSG iShares Core S&P U.S. Growth Reduce -3.6% 0.54% −0.03
IXUS iShares Core Intl Stock ETF Reduce -11.5% 0.11% −0.03
USMV iShares MSCI USA Min Vol Fac Reduce -2.1% 0.25% −0.02
MDYG SS SPDR S&P 400 MC GR ETF Reduce -9.1% 0.22% −0.02
AMZN Amazon.com Inc. Reduce -13.4% 0.15% −0.02
IWM iShares Russell 2000 ETF Reduce -0.4% 0.12% −0.01

Portfolio Buys Q4 2023 → Q1 2024
IEFA iShares Core MSCI Eafe ETF Add +24.9% 11.52% +1.55
SCHV Schwab US Large-Cap Value Add +221.6% 1.04% +0.70
IUSV iShares Core S&P U.S. Value Add +168.7% 0.92% +0.55
SCHM Schwab US Mid Cap ETF Add +27.0% 2.91% +0.49
IJH iShares Core S&P Midcap ETF Add +7.3% 6.93% +0.21
VOO Vanguard S&P 500 ETF Add +43.0% 0.54% +0.15
IVV iShares Core S&P 500 ETF Add +4.0% 34.50% +0.14
IBDT iShares Ibonds Dec 2028 ETF New 0.14% +0.14
IBDS Ishrs Ibnds Dec 27 Corp. ETF New 0.14% +0.14
IBDR iShares Ibonds Dec 2026 Term New 0.14% +0.14
IBDQ iShares Ibonds Dec 2025 Term New 0.14% +0.14
IBDP iShares Ibonds Dec 2024 Term New 0.14% +0.14
IAU iShares Gold Trust New 0.08% +0.08
IEMG iShares Core MSCI Emerging Add +32.0% 0.19% +0.03
MSFT Microsoft Corp. Add +8.5% 0.21% +0.01
VT Vanguard Tot World STK ETF Add +15.6% 0.11% +0.01
AGG iShares Core U.S. Aggregate Add +16.5% 0.30% +0.00
ISTB iShares Core 1-5 Year Usd Bo Add +12.7% 0.09% −0.00
ITOT iShares Core S&P Total U.S. Add +0.3% 0.12% −0.00
VUG Vanguard Mrngstar GR ETF-Sui Add +0.1% 0.17% −0.00
VOT Vngrd Mrngstr MC GRW ETF-Usd Add +0.2% 0.09% −0.01
SBGI Sinclair Inc. Add +0.8% 0.06% −0.01
VBK Van Morst SML-Cap Gro-Usd Inc. Add +0.2% 0.17% −0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +0.3% 0.33% −0.01
LMT Lockheed Martin Corp. Add +0.3% 0.11% −0.01
IWN iShares Russell 2000 Value E Add +0.4% 0.14% −0.02
BOND PIMCO Active Bond Exchange-T Add +1.2% 0.14% −0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.1% 0.32% −0.02
VB Vanguard Most SM-Cap ETF-Usd Add +0.1% 0.39% −0.02
SCHO Schwab Short-Term US Treas Add +3.7% 0.28% −0.03
VIG Vanguard Dividend Apprec ETF Add +1.2% 0.64% −0.03
SCHZ Schwab US Aggregate Bond ETF Add +4.1% 0.79% −0.09
SCHB Schwab US Broad Market ETF Add +0.3% 3.16% −0.12
AAPL Apple Inc. Add +0.1% 0.60% −0.17
SCHA Schwab US Small-Cap ETF Add +2.6% 2.70% −0.18
IJR iShares Core S&P Small-Cap E Add +5.6% 6.67% −0.38

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 86$388.3MIVV, IEFA, IJH, IJR, SCHX
Q1 2026 83$333.6MIVV, IEFA, IJH, SCHX, IJR
Q4 2025 80$343.9MIVV, IEFA, SCHX, IJH, IJR
Q3 2025 84$342.0MIVV, IEFA, SCHX, IJH, IJR
Q2 2025 94$312.1MIVV, IEFA, SCHX, IJH, IJR
Q1 2025 85$280.9MIVV, IEFA, SCHX, IJH, IJR
Q4 2024 86$291.2MIVV, IEFA, SCHX, IJH, IJR
Q3 2024 87$286.7MIVV, IEFA, SCHX, IJH, IJR
Q2 2024 83$264.2MIVV, IEFA, SCHX, IJH, IJR
Q1 2024 85$256.4MIVV, IEFA, SCHX, IJH, IJR