TL Private Wealth

Key Holdings

The portfolio is dominated by a "core" strategy utilizing Vanguard factor-based ETFs. The three largest positions—VUG ($53.37M), VTV ($46.29M), and VO ($37.34M)—collectively represent 52.73% of the entire portfolio.

• VUG (Vanguard Growth ETF) at 20.54% and VTV (Vanguard Value ETF) at 17.82% suggest a "barbell" approach to US equity style exposure, balancing growth and value without significant overlap.
• VO (Vanguard Mid-Cap ETF) adds 14.37% exposure to the mid-cap segment, filling the gap between large-caps and smaller positions.

Beyond these core equity holdings, the firm employs a substantial fixed-income allocation. FTSL (First Trust Senior Loan ETF) and LMBS (First Trust Mortgage Fund) represent 9.48% and 6.43% of the portfolio, respectively, indicating a defensive tilt toward income-generating assets and interest rate hedging. VCSH (Vanguard Short-Term Corporate Bond ETF) adds another 6.53%, further emphasizing credit quality and liquidity.