13F HOLDINGS REPORT

INVESTMENT PARTNERS, LTD.

Quarter ended Q2 2023 · Filed May 8, 2023 · Accession 0001085146-23-002114

Total Value

$190.6M

Positions

136

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (136)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES TR	464287614	46,459	$11.4M	5.96%
2	ISHARES TR	464287598	68,957	$10.5M	5.51%
3	VANGUARD TAX-MANAGED FDS	921943858	168,575	$7.6M	4.00%
4	MICROSOFT CORP	MSFT	22,518	$6.5M	3.41%
5	APPLE INC	AAPL	38,767	$6.4M	3.35%
6	VANGUARD INTL EQUITY INDEX F	922042858	135,293	$5.5M	2.87%
7	ISHARES TR	46432F842	79,683	$5.3M	2.80%
8	VANGUARD SPECIALIZED FUNDS	921908844	29,269	$4.5M	2.37%
9	ISHARES TR	46429B697	57,830	$4.2M	2.21%
10	ISHARES TR	464287481	42,358	$3.9M	2.02%
11	ISHARES TR	464287408	24,492	$3.7M	1.95%
12	ISHARES TR	464287473	33,530	$3.6M	1.87%
13	ISHARES TR	464287309	55,372	$3.5M	1.86%
14	ISHARES TR	464287465	49,304	$3.5M	1.85%
15	ISHARES TR	464288414	32,682	$3.5M	1.85%
16	ISHARES TR	464287630	20,568	$2.8M	1.48%
17	JPMORGAN CHASE & CO	VYLD	20,900	$2.7M	1.43%
18	SELECT SECTOR SPDR TR	81369Y886	40,231	$2.7M	1.43%
19	VANGUARD INTL EQUITY INDEX F	922042718	23,424	$2.6M	1.34%
20	VANGUARD INDEX FDS	922908629	12,078	$2.5M	1.34%
21	ISHARES TR	464287200	6,118	$2.5M	1.32%
22	ISHARES TR	464287648	10,967	$2.5M	1.31%
23	LILLY ELI & CO	LLY	7,163	$2.5M	1.29%
24	ISHARES TR	46434V407	52,148	$2.2M	1.14%
25	PRINCIPAL EXCHANGE TRADED FD	74255Y888	127,243	$2.2M	1.13%
26	SPDR SER TR	78464A763	16,867	$2.1M	1.09%
27	VANGUARD INDEX FDS	922908751	9,804	$1.9M	0.98%
28	VANGUARD INDEX FDS	922908553	20,734	$1.7M	0.90%
29	VANGUARD BD INDEX FDS	921937827	22,294	$1.7M	0.89%
30	ISHARES TR	464287507	6,767	$1.7M	0.89%
31	VANGUARD WHITEHALL FDS	921946810	22,827	$1.7M	0.88%
32	EXXON MOBIL CORP	XOM	14,432	$1.6M	0.83%
33	ISHARES TR	46429B689	22,939	$1.6M	0.81%
34	HOME DEPOT INC	HD	5,196	$1.5M	0.80%
35	AMERICAN ELEC PWR CO INC	025537101	16,785	$1.5M	0.80%
36	ORACLE CORP	ORCL-PD	16,144	$1.5M	0.79%
37	PEPSICO INC	PEP	7,704	$1.4M	0.74%
38	CHEVRON CORP NEW	CVX	8,595	$1.4M	0.74%
39	ISHARES TR	464288646	26,838	$1.4M	0.71%
40	BERKSHIRE HATHAWAY INC DEL	BRK-A	4,366	$1.3M	0.71%
41	PFIZER INC	PFE	33,037	$1.3M	0.71%
42	PROCTER AND GAMBLE CO	742718109	8,972	$1.3M	0.70%
43	VISA INC	V	5,875	$1.3M	0.70%
44	WALMART INC	WMT	8,131	$1.2M	0.63%
45	AUTOMATIC DATA PROCESSING IN	ADP	5,349	$1.2M	0.62%
46	JOHNSON & JOHNSON	JNJ	7,638	$1.2M	0.62%
47	COCA COLA CO	KO	18,913	$1.2M	0.62%
48	CISCO SYS INC	CSCO	22,167	$1.2M	0.61%
49	UNITEDHEALTH GROUP INC	UNH	2,354	$1.1M	0.58%
50	VERIZON COMMUNICATIONS INC	VZ	28,469	$1.1M	0.58%
51	CATERPILLAR INC	CAT	4,792	$1.1M	0.58%
52	ISHARES TR	46435G672	21,778	$1.1M	0.56%
53	DNP SELECT INCOME FD INC	23325P104	94,625	$1.0M	0.55%
54	MCDONALDS CORP	MCD	3,724	$1.0M	0.55%
55	BRISTOL-MYERS SQUIBB CO	CELG-RI	14,744	$1.0M	0.54%
56	SPDR SER TR	78468R739	20,977	$997,456	0.52%
57	COSTCO WHSL CORP NEW	22160K105	1,983	$985,297	0.52%
58	SPDR GOLD TR	GLD	5,243	$960,622	0.50%
59	THERMO FISHER SCIENTIFIC INC	TMO	1,646	$948,685	0.50%
60	ISHARES SILVER TR	SLV	42,200	$933,464	0.49%
61	ISHARES TR	46434V621	18,090	$904,315	0.47%
62	SELECT SECTOR SPDR TR	81369Y506	10,807	$895,148	0.47%
63	INTERNATIONAL BUSINESS MACHS	INTR	6,807	$892,280	0.47%
64	DISNEY WALT CO	254687106	8,674	$868,556	0.46%
65	HUNTINGTON BANCSHARES INC	HBANP	76,988	$862,263	0.45%
66	BOEING CO	BA-PA	3,994	$848,346	0.45%
67	ABBVIE INC	ABBV	5,306	$845,601	0.44%
68	VANECK ETF TRUST	92189H409	16,101	$833,066	0.44%
69	ABBOTT LABS	ABLZF	7,801	$789,943	0.41%
70	ALPHABET INC	GOOG	7,376	$767,133	0.40%
71	MERCK & CO INC	MRK	7,126	$758,130	0.40%
72	ISHARES TR	464287655	4,193	$748,049	0.39%
73	LOCKHEED MARTIN CORP	LMT	1,545	$730,239	0.38%
74	AMAZON COM INC	AMZN	7,019	$724,993	0.38%
75	ISHARES TR	46429B663	6,771	$688,314	0.36%
76	SPDR S&P 500 ETF TR	SPY	1,580	$646,754	0.34%
77	SELECT SECTOR SPDR TR	81369Y100	8,015	$646,490	0.34%
78	ENBRIDGE INC	ENNPF	16,824	$641,833	0.34%
79	CINCINNATI FINL CORP	172062101	5,670	$635,543	0.33%
80	SELECT SECTOR SPDR TR	81369Y704	6,210	$628,328	0.33%
81	GILEAD SCIENCES INC	GILD	7,369	$611,396	0.32%
82	ISHARES TR	464287168	5,132	$601,392	0.32%
83	BP PLC	BPPFF	15,637	$593,253	0.31%
84	GENERAL DYNAMICS CORP	GD	2,527	$576,581	0.30%
85	INVESCO QQQ TR	IVZ	1,779	$571,043	0.30%
86	INTEL CORP	INTC	17,477	$570,984	0.30%
87	NVIDIA CORPORATION	NVDA	2,041	$567,053	0.30%
88	FIRST TR EXCHANGE-TRADED FD	33741X102	20,182	$537,863	0.28%
89	SELECT SECTOR SPDR TR	81369Y605	16,511	$530,829	0.28%
90	NORTHROP GRUMMAN CORP	NOC	1,105	$510,201	0.27%
91	SELECT SECTOR SPDR TR	81369Y308	6,300	$470,673	0.25%
92	ASML HOLDING N V	ASMLF	682	$464,111	0.24%
93	ANALOG DEVICES INC	ADI	2,272	$448,066	0.24%
94	NEXTERA ENERGY INC	NEE-PW	5,756	$443,647	0.23%
95	INVESCO EXCHANGE TRADED FD T	IVZ	3,028	$437,922	0.23%
96	NIKE INC	NKE	3,557	$436,265	0.23%
97	ALLSTATE CORP	ALL-PJ	3,913	$433,550	0.23%
98	COCA-COLA FEMSA SAB DE CV	COCSF	5,387	$433,490	0.23%
99	ISHARES TR	464288638	8,203	$420,651	0.22%
100	YUM BRANDS INC	YUM	3,156	$416,851	0.22%
101	ARCHER DANIELS MIDLAND CO	ADM	5,231	$416,690	0.22%
102	VANGUARD SCOTTSDALE FDS	92206C714	6,041	$403,622	0.21%
103	UNITED PARCEL SERVICE INC	UPS	2,012	$390,378	0.20%
104	GENUINE PARTS CO	GPC	2,325	$389,078	0.20%
105	SPDR SER TR	78464A508	9,002	$366,561	0.19%
106	GOLDMAN SACHS GROUP INC	GSCE	1,109	$362,808	0.19%
107	ALPHABET INC	GOOG	3,440	$356,831	0.19%
108	LOWES COS INC	548661107	1,740	$347,887	0.18%
109	ALBEMARLE CORP	ALB-PA	1,536	$339,520	0.18%
110	SABA CAPITAL INCOME & OPRNT	78518H202	40,214	$327,744	0.17%
111	QUALCOMM INC	QCOM	2,558	$326,384	0.17%
112	AMERICAN TOWER CORP NEW	03027X100	1,588	$324,543	0.17%
113	ISHARES TR	464287804	3,233	$312,612	0.16%
114	COLGATE PALMOLIVE CO	CL	4,074	$306,170	0.16%
115	STARBUCKS CORP	SBUX	2,892	$301,121	0.16%
116	BANK AMERICA CORP	060505104	10,032	$286,921	0.15%
117	ADOBE SYSTEMS INCORPORATED	ADBE	738	$284,403	0.15%
118	SPDR S&P MIDCAP 400 ETF TR	MDY	568	$260,377	0.14%
119	GENERAL MLS INC	370334104	2,995	$255,979	0.13%
120	COMCAST CORP NEW	CCZ	6,749	$255,852	0.13%
121	TAIWAN SEMICONDUCTOR MFG LTD	874039100	2,742	$255,078	0.13%
122	INNOVATOR ETFS TR	INHD	8,512	$248,806	0.13%
123	AT&T INC	T-PC	12,908	$248,474	0.13%
124	BLACKROCK INC	BLK	370	$247,364	0.13%
125	CORNING INC	GLW	6,800	$239,904	0.13%
126	INVESCO EXCH TRADED FD TR II	IVZ	3,834	$239,257	0.13%
127	AMGEN INC	AMGN	944	$228,317	0.12%
128	PAYCHEX INC	PAYX	1,987	$227,637	0.12%
129	FIDELITY NATIONAL FINANCIAL	FNF	6,512	$227,467	0.12%
130	TORONTO DOMINION BK ONT	TORO	3,664	$219,455	0.12%
131	TORO CO	TORO	1,935	$215,095	0.11%
132	PRUDENTIAL FINL INC	PUKPF	2,586	$214,003	0.11%
133	INTUITIVE SURGICAL INC	ISRG	830	$212,040	0.11%
134	NUCOR CORP	NUE	1,331	$205,585	0.11%
135	PAYPAL HLDGS INC	PYPL	2,650	$201,241	0.11%
136	FORD MTR CO DEL	345370860	12,809	$161,395	0.08%