MBL Wealth, LLC

2. Key Holdings

The portfolio is dominated by broad market and fixed-income ETFs, with individual mega-cap technology stocks serving as notable satellite positions.

• SPDR S&P 500 ETF Trust (SPY): This is the largest holding, comprising 11.75% of the portfolio ($146.59M). This indicates a strong "beta" anchor, ensuring the portfolio's performance correlates closely with the broader U.S. equity market.
• SPDR Bloomberg 1-3 Month T-Bill ETF (BIL): The second-largest position at 8.04% ($100.34M) is a cash-equivalent/T-Bill ETF. This suggests a defensive posture or a need for high liquidity within the portfolio structure.
• iShares Core S&P Mid-Cap (IJH) & iShares Core S&P Small-Cap (IJR): These positions, ranking 3rd and 10th respectively ($57.25M and $30.83M), represent a significant tilt toward U.S. small and mid-cap equities.
• World Gold Trust: Ranking 4th with $43.79M (3.51%), this allocation to physical gold suggests a desire for inflation hedging or diversification away from traditional currency assets.
• Mega-Cap Technology: Individual positions in Apple (AAPL), NVIDIA (NVDA), and Microsoft (MSFT) are the only significant non-ETF holdings in the top tier, representing 2.27%, 1.38%, and 1.01% of the portfolio, respectively.