13F HOLDINGS REPORT

INVESTMENT PARTNERS, LTD.

Quarter ended Q1 2023 · Filed January 18, 2023 · Accession 0001085146-23-000154

Total Value

$189.1M

Positions

142

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (142)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES TR	464287598	71,200	$10.8M	5.71%
2	ISHARES TR	464287614	47,840	$10.2M	5.42%
3	VANGUARD TAX-MANAGED FDS	921943858	166,925	$7.0M	3.70%
4	MICROSOFT CORP	MSFT	22,531	$5.4M	2.86%
5	VANGUARD INTL EQUITY INDEX F	922042858	136,070	$5.3M	2.80%
6	ISHARES TR	46432F842	85,369	$5.3M	2.78%
7	APPLE INC	AAPL	38,585	$5.0M	2.65%
8	VANGUARD SPECIALIZED FUNDS	921908844	29,234	$4.4M	2.35%
9	ISHARES TR	46429B697	58,071	$4.2M	2.21%
10	ISHARES TR	464288414	35,152	$3.7M	1.96%
11	ISHARES TR	464287408	24,514	$3.6M	1.88%
12	ISHARES TR	464287481	42,188	$3.5M	1.86%
13	ISHARES TR	464287473	33,399	$3.5M	1.86%
14	ISHARES TR	464287309	55,423	$3.2M	1.71%
15	ISHARES TR	464287465	49,304	$3.2M	1.71%
16	SELECT SECTOR SPDR TR	81369Y886	40,231	$2.8M	1.50%
17	ISHARES TR	464287630	20,442	$2.8M	1.50%
18	JPMORGAN CHASE & CO	VYLD	20,813	$2.8M	1.48%
19	LILLY ELI & CO	LLY	7,154	$2.6M	1.38%
20	SPDR S&P 500 ETF TR	SPY	6,803	$2.6M	1.38%
21	VANGUARD INDEX FDS	922908629	12,661	$2.6M	1.36%
22	VANGUARD INTL EQUITY INDEX F	922042718	23,216	$2.4M	1.26%
23	ISHARES TR	464287200	6,111	$2.3M	1.24%
24	ISHARES TR	464287648	10,883	$2.3M	1.23%
25	PRINCIPAL EXCHANGE TRADED FD	74255Y888	127,243	$2.2M	1.15%
26	SPDR SER TR	78464A763	16,867	$2.1M	1.12%
27	ISHARES TR	46434V407	50,339	$2.1M	1.09%
28	VANGUARD INDEX FDS	922908751	10,445	$1.9M	1.01%
29	VANGUARD INDEX FDS	922908553	21,268	$1.8M	0.93%
30	VANGUARD BD INDEX FDS	921937827	22,708	$1.7M	0.90%
31	PFIZER INC	PFE	32,902	$1.7M	0.89%
32	HOME DEPOT INC	HD	5,182	$1.6M	0.87%
33	ISHARES TR	464287507	6,758	$1.6M	0.86%
34	EXXON MOBIL CORP	XOM	14,571	$1.6M	0.85%
35	VANGUARD WHITEHALL FDS	921946810	22,827	$1.6M	0.84%
36	AMERICAN ELEC PWR CO INC	025537101	16,696	$1.6M	0.84%
37	CHEVRON CORP NEW	CVX	8,576	$1.5M	0.81%
38	ISHARES TR	46429B689	22,939	$1.5M	0.77%
39	AUTOMATIC DATA PROCESSING IN	ADP	5,932	$1.4M	0.75%
40	PEPSICO INC	PEP	7,679	$1.4M	0.73%
41	ISHARES TR	464288646	27,532	$1.4M	0.73%
42	VISA INC	V	6,590	$1.4M	0.72%
43	JOHNSON & JOHNSON	JNJ	7,679	$1.4M	0.72%
44	PROCTER AND GAMBLE CO	742718109	8,945	$1.4M	0.72%
45	BERKSHIRE HATHAWAY INC DEL	BRK-A	4,366	$1.3M	0.71%
46	UNITEDHEALTH GROUP INC	UNH	2,350	$1.2M	0.66%
47	ORACLE CORP	ORCL-PD	15,112	$1.2M	0.65%
48	COCA COLA CO	KO	18,913	$1.2M	0.64%
49	WALMART INC	WMT	8,126	$1.2M	0.61%
50	CATERPILLAR INC	CAT	4,785	$1.1M	0.61%
51	VERIZON COMMUNICATIONS INC	VZ	28,247	$1.1M	0.59%
52	DNP SELECT INCOME FD INC	23325P104	94,212	$1.1M	0.56%
53	BRISTOL-MYERS SQUIBB CO	CELG-RI	14,716	$1.1M	0.56%
54	CISCO SYS INC	CSCO	22,157	$1.1M	0.56%
55	HUNTINGTON BANCSHARES INC	HBANP	74,726	$1.1M	0.56%
56	SPDR SER TR	78468R739	21,758	$1.0M	0.54%
57	ISHARES TR	46435G672	21,139	$1.0M	0.53%
58	MCDONALDS CORP	MCD	3,745	$986,925	0.52%
59	SELECT SECTOR SPDR TR	81369Y506	11,016	$963,605	0.51%
60	ABBOTT LABS	ABLZF	8,776	$963,499	0.51%
61	THERMO FISHER SCIENTIFIC INC	TMO	1,739	$957,506	0.51%
62	ISHARES SILVER TR	SLV	42,200	$929,244	0.49%
63	INTERNATIONAL BUSINESS MACHS	INTR	6,559	$924,093	0.49%
64	ISHARES TR	46434V621	18,060	$902,992	0.48%
65	SPDR GOLD TR	GLD	5,243	$889,423	0.47%
66	COSTCO WHSL CORP NEW	22160K105	1,922	$877,314	0.46%
67	ABBVIE INC	ABBV	5,270	$851,720	0.45%
68	DISNEY WALT CO	254687106	9,728	$845,193	0.45%
69	VANECK ETF TRUST	92189H409	16,101	$813,906	0.43%
70	BOEING CO	BA-PA	3,994	$760,728	0.40%
71	LOCKHEED MARTIN CORP	LMT	1,537	$747,493	0.40%
72	ISHARES TR	464287655	4,192	$730,862	0.39%
73	ALPHABET INC	GOOG	7,956	$705,961	0.37%
74	ISHARES TR	46429B663	6,749	$703,504	0.37%
75	ISHARES TR	464289867	14,732	$694,755	0.37%
76	ENBRIDGE INC	ENNPF	16,673	$651,916	0.34%
77	GENERAL DYNAMICS CORP	GD	2,561	$635,335	0.34%
78	CINCINNATI FINL CORP	172062101	6,150	$629,666	0.33%
79	GILEAD SCIENCES INC	GILD	7,321	$628,544	0.33%
80	SELECT SECTOR SPDR TR	81369Y100	8,015	$622,605	0.33%
81	ISHARES TR	464287168	5,124	$618,002	0.33%
82	SELECT SECTOR SPDR TR	81369Y704	6,210	$609,884	0.32%
83	NORTHROP GRUMMAN CORP	NOC	1,105	$602,899	0.32%
84	MERCK & CO INC	MRK	5,367	$595,500	0.31%
85	AMAZON COM INC	AMZN	6,759	$567,756	0.30%
86	SELECT SECTOR SPDR TR	81369Y605	16,511	$564,676	0.30%
87	BP PLC	BPPFF	16,111	$562,758	0.30%
88	ALLSTATE CORP	ALL-PJ	3,907	$529,823	0.28%
89	ARCHER DANIELS MIDLAND CO	ADM	5,203	$483,095	0.26%
90	NEXTERA ENERGY INC	NEE-PW	5,739	$479,813	0.25%
91	INVESCO QQQ TR	IVZ	1,779	$473,802	0.25%
92	NIKE INC	NKE	4,037	$472,403	0.25%
93	SELECT SECTOR SPDR TR	81369Y308	6,300	$469,665	0.25%
94	INTEL CORP	INTC	17,693	$467,635	0.25%
95	GOLDMAN SACHS GROUP INC	GSCE	1,317	$452,135	0.24%
96	AMERICAN TOWER CORP NEW	03027X100	1,987	$420,866	0.22%
97	ISHARES TR	464288638	8,190	$405,490	0.21%
98	YUM BRANDS INC	YUM	3,156	$404,165	0.21%
99	GENUINE PARTS CO	GPC	2,317	$402,023	0.21%
100	VANGUARD SCOTTSDALE FDS	92206C714	6,017	$400,592	0.21%
101	STARBUCKS CORP	SBUX	3,973	$394,111	0.21%
102	ANALOG DEVICES INC	ADI	2,315	$379,663	0.20%
103	COCA-COLA FEMSA SAB DE CV	COCSF	5,387	$365,668	0.19%
104	LOWES COS INC	548661107	1,784	$355,535	0.19%
105	ASML HOLDING N V	ASMLF	647	$353,311	0.19%
106	NVIDIA CORPORATION	NVDA	2,413	$352,695	0.19%
107	SPDR SER TR	78464A508	9,002	$350,088	0.19%
108	UNITED PARCEL SERVICE INC	UPS	2,002	$348,098	0.18%
109	EMERSON ELEC CO	EMR	3,539	$339,964	0.18%
110	ALBEMARLE CORP	ALB-PA	1,536	$333,007	0.18%
111	BANK AMERICA CORP	060505104	10,019	$331,825	0.18%
112	BLACKROCK INC	BLK	456	$322,948	0.17%
113	ADOBE SYSTEMS INCORPORATED	ADBE	938	$315,665	0.17%
114	SABA CAPITAL INCOME & OPRNT	78518H202	40,214	$306,029	0.16%
115	ISHARES TR	464287804	3,232	$305,843	0.16%
116	ALPHABET INC	GOOG	3,440	$303,511	0.16%
117	SPDR SER TR	78464A870	3,410	$283,070	0.15%
118	QUALCOMM INC	QCOM	2,552	$280,528	0.15%
119	BLACKROCK MUNIASSETS FD INC	BLK	25,616	$277,165	0.15%
120	PRUDENTIAL FINL INC	PUKPF	2,562	$254,785	0.13%
121	AMGEN INC	AMGN	961	$252,450	0.13%
122	SPDR S&P MIDCAP 400 ETF TR	MDY	568	$251,505	0.13%
123	GENERAL MLS INC	370334104	2,992	$250,858	0.13%
124	INVESCO EXCH TRADED FD TR II	IVZ	3,814	$243,722	0.13%
125	COMCAST CORP NEW	CCZ	6,964	$243,527	0.13%
126	FIDELITY NATIONAL FINANCIAL	FNF	6,440	$242,271	0.13%
127	INNOVATOR ETFS TR	INHD	8,512	$241,741	0.13%
128	COLGATE PALMOLIVE CO	CL	3,046	$239,967	0.13%
129	AT&T INC	T-PC	12,823	$236,070	0.12%
130	TORONTO DOMINION BK ONT	TORO	3,635	$235,381	0.12%
131	ISHARES TR	464287499	3,476	$234,425	0.12%
132	PAYCHEX INC	PAYX	1,979	$228,709	0.12%
133	INTUITIVE SURGICAL INC	ISRG	830	$220,241	0.12%
134	TORO CO	TORO	1,935	$219,042	0.12%
135	PAYPAL HLDGS INC	PYPL	3,050	$217,221	0.11%
136	CORNING INC	GLW	6,800	$217,192	0.11%
137	ACCENTURE PLC IRELAND	ACN	802	$213,899	0.11%
138	XYLEM INC	XYL	1,900	$210,083	0.11%
139	AFLAC INC	AFL	2,919	$209,985	0.11%
140	DOMINION ENERGY INC	D	3,392	$208,023	0.11%
141	TAIWAN SEMICONDUCTOR MFG LTD	874039100	2,741	$204,191	0.11%
142	FORD MTR CO DEL	345370860	12,796	$148,814	0.08%