Valley Forge Investment Consultants Inc. Adv

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

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Valley Forge Investment Consultants Inc. Adv reported 87 stock positions worth $286.7 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 35.2% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 12.2%) and Schwab US Large-Cap ETF (SCHX, 8.1%). Compared with Q2 2024, it opened 7 new positions, sold out of 3, added to 52 and reduced 14. The biggest buy was iShares Core MSCI Eafe ETF (IEFA, shares +5%) and the biggest sale Schwab US Broad Market ETF (SCHB, shares −16%).

Most Recent 13F: Q2 2026
Location: AUDUBON, PA
CIK: 0000920655
Portfolio Value: $286.7M (Q3 2024)
SEC Filing: 0000920655-24-000006 ↗ filed Nov 14, 2024

Holdings Value

Holdings 87 stocks · $286.7M


IVV iShares Core S&P 500 ETF	35.21%	175,014	$101.0M	Add +2.1%
IEFA iShares Core MSCI Eafe ETF	12.17%	447,095	$34.9M	Add +5.2%
SCHX Schwab US Large-Cap ETF	8.07%	341,018	$23.1M	Add +1.9%
IJH iShares Core S&P Midcap ETF	6.61%	304,041	$18.9M	Add +1.6%
IJR iShares Core S&P Small-Cap E	6.55%	160,546	$18.8M	Add +1.0%
SCHB Schwab US Broad Market ETF	2.59%	111,661	$7.4M	Reduce -15.9%
SCHM Schwab US Mid Cap ETF	2.56%	88,312	$7.3M	Add +0.1%
SCHA Schwab US Small-Cap ETF	2.52%	140,225	$7.2M	Add +0.6%
SCHF Schwab Intl Equity ETF	2.00%	139,646	$5.7M	Add +4.5%
SCHD Schwab US DVD Equity ETF	1.69%	57,375	$4.8M	Reduce -12.7%
IWF iShares Russell 1000 Growth	1.59%	12,135	$4.6M	Reduce -1.4%
BRK.A Berkshire Hathaway Inc. Class A	1.21%	5	$3.5M	No change
SCHV Schwab US Large-Cap Value	0.91%	32,617	$2.6M	Add +0.4%
DFAC Dimensional US Core Equity 2	0.82%	68,560	$2.4M	No change
IUSV iShares Core S&P U.S. Value	0.82%	24,482	$2.3M	Reduce -1.6%
AAPL Apple Inc.	0.79%	9,687	$2.3M	Add +7.6%
VIG Vanguard Dividend Apprec ETF	0.71%	10,326	$2.0M	Reduce -0.5%
SCHZ Schwab US Aggregate Bond ETF	0.67%	40,635	$1.9M	Reduce -3.1%
VTV Vanguard Mrngstr Val ETF-Aui	0.64%	10,580	$1.8M	Add +1.0%
SCHG Schwab US Large-Cap Growth	0.62%	17,060	$1.8M	Reduce -0.2%
VTEB Vanguard Tax-Exempt Bond ETF	0.60%	33,398	$1.7M	Add +293.8%
VOO Vanguard S&P 500 ETF	0.53%	2,886	$1.5M	Add +0.3%
IUSG iShares Core S&P U.S. Growth	0.47%	10,315	$1.4M	Reduce -13.2%
SPRY Ars Pharmaceuticals Inc.	0.42%	83,225	$1.2M	New
DFAX Dimensional World Ex US Core	0.38%	40,106	$1.1M	No change
EFAV iShares MSCI Eafe Min Vol Fa	0.36%	13,336	$1.0M	Add +1.3%
SCHO Schwab Short-Term US Treas	0.34%	19,684	$964K	Add +5.5%
GOOGL Alphabet Inc. Class A	0.33%	5,690	$944K	Add +1.6%
VB Vanguard Most SM-Cap ETF-Usd	0.33%	3,967	$941K	Add +6.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.33%	3,542	$933K	Add +0.3%
VYM Vanguard High DVD Yield ETF	0.30%	6,687	$857K	Add +48.2%
AGG iShares Core U.S. Aggregate	0.30%	8,372	$848K	Add +5.1%
IJS iShares S&P Small-Cap 600 Va	0.26%	6,867	$739K	No change
HSY The Hershey Co.	0.26%	3,850	$738K	No change
NVDA Nvidia Corp.	0.25%	6,018	$731K	Add +20.8%
GOOG Alphabet Inc. Class C	0.24%	4,180	$699K	Add +0.5%
USMV iShares MSCI USA Min Vol Fac	0.24%	7,449	$680K	Reduce -2.7%
IJJ iShares S&P Mid-Cap 400 Valu	0.24%	5,475	$677K	Add +0.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.22%	2,417	$638K	Reduce -8.6%
MSFT Microsoft Corp.	0.21%	1,427	$614K	Add +7.1%
PAYX Paychex Inc.	0.21%	4,560	$612K	No change
CB Chubb Ltd.	0.20%	2,033	$586K	Add +1.6%
SCHE Schwab Emrg Mrkts Eqty ETF	0.20%	19,925	$581K	Add +0.2%
AMZN Amazon.com Inc.	0.20%	3,078	$574K	Add +3.0%
IEMG iShares Core MSCI Emerging	0.20%	9,869	$567K	Add +4.0%
IWR iShares Russell Mid-Cap ETF	0.19%	6,191	$546K	No change
VEA Vanguard Ftse Developed ETF	0.19%	10,147	$536K	Add +0.3%
MDYG SS SPDR S&P 400 MC GR ETF	0.18%	6,032	$529K	No change
VUG Vanguard Mrngstar GR ETF-Sui	0.17%	1,290	$495K	Reduce -1.0%
VWO Vanguard Ftse Emerging Marke	0.16%	9,799	$469K	Add +2.5%
BRK.B Berkshire Hathaway Inc. Class B	0.16%	1,011	$465K	Add +5.2%
VBK Van Morst SML-Cap Gro-Usd Inc.	0.16%	1,689	$452K	Add +0.2%
SLYG SS SPDR S&P 600 SC GR ETF	0.14%	4,231	$394K	Add +0.1%
IBDT iShares Ibonds Dec 2028 ETF	0.13%	14,682	$375K	Add +1.2%
IBDS Ishrs Ibnds Dec 27 Corp. ETF	0.13%	15,305	$373K	Add +1.1%
IWN iShares Russell 2000 Value E	0.13%	2,221	$370K	Add +0.5%
IBDR iShares Ibonds Dec 2026 Term	0.13%	15,241	$370K	Add +1.1%
IBDQ iShares Ibonds Dec 2025 Term	0.13%	14,623	$367K	Add +1.0%
IBDP iShares Ibonds Dec 2024 Term	0.13%	14,513	$366K	Add +1.1%
LMT Lockheed Martin Corp.	0.12%	607	$355K	Add +0.2%
SPY SS SPDR S&P 500 ETF Trust-US	0.11%	547	$314K	Reduce -14.9%
IWM iShares Russell 2000 ETF	0.11%	1,413	$312K	Reduce -0.2%
VT Vanguard Tot World STK ETF	0.11%	2,536	$304K	Add +0.1%
META Meta Platforms Inc. Class A	0.11%	528	$302K	Add +5.6%
IWB iShares Russell 1000 ETF	0.10%	903	$284K	Add +0.3%
QQQ Invesco QQQ Trust Series 1	0.10%	561	$274K	Reduce -2.9%
QCOM Qualcomm Inc.	0.09%	1,518	$258K	Add +15.9%
GLTR Abrdn Precious Metals Basket	0.09%	2,270	$257K	No change
ISTB iShares Core 1-5 Year Usd Bo	0.09%	5,249	$256K	Add +5.8%
VOT Vngrd Mrngstr MC GRW ETF-Usd	0.08%	945	$230K	Add +0.3%
IAU iShares Gold Trust	0.08%	4,448	$221K	New
TSLA Tesla Inc.	0.06%	651	$170K	New
PM Philip Morris International	0.06%	1,330	$161K	New
JPM JPMorgan Chase & Co.	0.05%	661	$139K	Add +17.4%
JNJ Johnson & Johnson	0.04%	776	$126K	Add +34.7%
LWLG Lightwave Logic Inc.	0.04%	40,000	$110K	No change
CVX Chevron Corp.	0.02%	480	$71K	Add +166.7%
AMBP Ardagh Metal Packaging SA	0.01%	10,000	$38K	New
GM General Motors Co.	0.01%	508	$23K	Add +9.3%
C Citigroup Inc.	0.01%	269	$17K	Add +15.9%
FDX FedEx Corp.	0.01%	58	$16K	Add +16.0%
DLTH Duluth Holdings Inc. Class B	0.00%	13,983	$14K	No change
LBTYK Liberty Global Ltd. Class C	0.00%	643	$14K	No change
MGA Magna International Inc.	0.00%	155	$6K	No change
VOD Vodafone Group PLC-SP ADR	0.00%	374	$4K	No change
THO Thor Industries Inc.	0.00%	16	$2K	New
LEN Lennar Corp. Class A	0.00%	6	$1K	New

Portfolio Sells Q2 2024 → Q3 2024


SCHB Schwab US Broad Market ETF	Reduce -15.9%	2.59%	−0.57
SCHD Schwab US DVD Equity ETF	Reduce -12.7%	1.69%	−0.24
BOND PIMCO Active Bond Exchange-T	Sold out	0.00%	−0.14
IWF iShares Russell 1000 Growth	Reduce -1.4%	1.59%	−0.11
IUSG iShares Core S&P U.S. Growth	Reduce -13.2%	0.47%	−0.10
AMD Advanced Micro Devices	Sold out	0.00%	−0.08
PFE Pfizer Inc.	Sold out	0.00%	−0.06
SCHZ Schwab US Aggregate Bond ETF	Reduce -3.1%	0.67%	−0.05
SCHG Schwab US Large-Cap Growth	Reduce -0.2%	0.62%	−0.03
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -14.9%	0.11%	−0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd	Reduce -8.6%	0.22%	−0.02
IUSV iShares Core S&P U.S. Value	Reduce -1.6%	0.82%	−0.01
VUG Vanguard Mrngstar GR ETF-Sui	Reduce -1.0%	0.17%	−0.01
QQQ Invesco QQQ Trust Series 1	Reduce -2.9%	0.10%	−0.01
USMV iShares MSCI USA Min Vol Fac	Reduce -2.7%	0.24%	−0.01
VIG Vanguard Dividend Apprec ETF	Reduce -0.5%	0.71%	−0.00
IWM iShares Russell 2000 ETF	Reduce -0.2%	0.11%	+0.00

Portfolio Buys Q2 2024 → Q3 2024


IEFA iShares Core MSCI Eafe ETF	Add +5.2%	12.17%	+0.49
VTEB Vanguard Tax-Exempt Bond ETF	Add +293.8%	0.60%	+0.43
SPRY Ars Pharmaceuticals Inc.	New	0.42%	+0.42
IJR iShares Core S&P Small-Cap E	Add +1.0%	6.55%	+0.13
VYM Vanguard High DVD Yield ETF	Add +48.2%	0.30%	+0.10
IAU iShares Gold Trust	New	0.08%	+0.08
AAPL Apple Inc.	Add +7.6%	0.79%	+0.07
SCHF Schwab Intl Equity ETF	Add +4.5%	2.00%	+0.06
TSLA Tesla Inc.	New	0.06%	+0.06
PM Philip Morris International	New	0.06%	+0.06
NVDA Nvidia Corp.	Add +20.8%	0.25%	+0.02
VB Vanguard Most SM-Cap ETF-Usd	Add +6.9%	0.33%	+0.02
LMT Lockheed Martin Corp.	Add +0.2%	0.12%	+0.02
SCHA Schwab US Small-Cap ETF	Add +0.6%	2.52%	+0.02
BRK.B Berkshire Hathaway Inc. Class B	Add +5.2%	0.16%	+0.01
CVX Chevron Corp.	Add +166.7%	0.02%	+0.01
AMBP Ardagh Metal Packaging SA	New	0.01%	+0.01
JNJ Johnson & Johnson	Add +34.7%	0.04%	+0.01
CB Chubb Ltd.	Add +1.6%	0.20%	+0.01
EFAV iShares MSCI Eafe Min Vol Fa	Add +1.3%	0.36%	+0.01
META Meta Platforms Inc. Class A	Add +5.6%	0.11%	+0.01
VTV Vanguard Mrngstr Val ETF-Aui	Add +1.0%	0.64%	+0.01
JPM JPMorgan Chase & Co.	Add +17.4%	0.05%	+0.01
IEMG iShares Core MSCI Emerging	Add +4.0%	0.20%	+0.01
VWO Vanguard Ftse Emerging Marke	Add +2.5%	0.16%	+0.01
SCHV Schwab US Large-Cap Value	Add +0.4%	0.91%	+0.00
AGG iShares Core U.S. Aggregate	Add +5.1%	0.30%	+0.00
SCHE Schwab Emrg Mrkts Eqty ETF	Add +0.2%	0.20%	+0.00
IJJ iShares S&P Mid-Cap 400 Valu	Add +0.6%	0.24%	+0.00
IWN iShares Russell 2000 Value E	Add +0.5%	0.13%	+0.00
THO Thor Industries Inc.	New	0.00%	+0.00
LEN Lennar Corp. Class A	New	0.00%	+0.00
C Citigroup Inc.	Add +15.9%	0.01%	+0.00
ISTB iShares Core 1-5 Year Usd Bo	Add +5.8%	0.09%	+0.00
SLYG SS SPDR S&P 600 SC GR ETF	Add +0.1%	0.14%	0.00
FDX FedEx Corp.	Add +16.0%	0.01%	−0.00
GM General Motors Co.	Add +9.3%	0.01%	−0.00
VOT Vngrd Mrngstr MC GRW ETF-Usd	Add +0.3%	0.08%	−0.00
VBK Van Morst SML-Cap Gro-Usd Inc.	Add +0.2%	0.16%	−0.00
VT Vanguard Tot World STK ETF	Add +0.1%	0.11%	−0.00
IWB iShares Russell 1000 ETF	Add +0.3%	0.10%	−0.00
VEA Vanguard Ftse Developed ETF	Add +0.3%	0.19%	−0.00
SCHO Schwab Short-Term US Treas	Add +5.5%	0.34%	−0.00
IBDT iShares Ibonds Dec 2028 ETF	Add +1.2%	0.13%	−0.01
IBDS Ishrs Ibnds Dec 27 Corp. ETF	Add +1.1%	0.13%	−0.01
IBDR iShares Ibonds Dec 2026 Term	Add +1.1%	0.13%	−0.01
IBDQ iShares Ibonds Dec 2025 Term	Add +1.0%	0.13%	−0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd	Add +0.3%	0.33%	−0.01
QCOM Qualcomm Inc.	Add +15.9%	0.09%	−0.01
IBDP iShares Ibonds Dec 2024 Term	Add +1.1%	0.13%	−0.01

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	86	$388.3M	IVV, IEFA, IJH, IJR, SCHX
Q1 2026	83	$333.6M	IVV, IEFA, IJH, SCHX, IJR
Q4 2025	80	$343.9M	IVV, IEFA, SCHX, IJH, IJR
Q3 2025	84	$342.0M	IVV, IEFA, SCHX, IJH, IJR
Q2 2025	94	$312.1M	IVV, IEFA, SCHX, IJH, IJR
Q1 2025	85	$280.9M	IVV, IEFA, SCHX, IJH, IJR
Q4 2024	86	$291.2M	IVV, IEFA, SCHX, IJH, IJR
Q3 2024	87	$286.7M	IVV, IEFA, SCHX, IJH, IJR
Q2 2024	83	$264.2M	IVV, IEFA, SCHX, IJH, IJR
Q1 2024	85	$256.4M	IVV, IEFA, SCHX, IJH, IJR