Heartwood Wealth Advisors LLC

2. Key Holdings

The portfolio is dominated by broad-based Vanguard ETFs, which form the core of the equity allocation.

• Vanguard Large-Cap ETF (VV): This is the largest position, valued at $112.65M, representing 10.38% of the portfolio. This indicates a strong anchor in large-cap U.S. equities.
• Vanguard Small-Cap ETF (VB): The second-largest holding at $91.04M (8.39%), suggests a significant tilt toward small-cap exposure, likely seeking growth potential or a premium over large caps.
• Alternative Strategies: Notably, the third and tenth holdings are VanEck Junior Gold Miners (GDXJ) at 5.47% and Global X Uranium ETF (URA) at 2.49%. These are substantial allocations to commodities and mining, representing a distinct active tilt away from traditional equity indices.

Individual stock positions are minimal relative to the total AUM. The largest individual equity holding is Apple Inc. (AAPL) at $5.70M (0.52%), followed by Microsoft (MSFT) and Berkshire Hathaway (BRK/B). This confirms that the firm prefers accessing equity exposure through funds rather than constructing a stock portfolio from scratch.