13F HOLDINGS REPORT

INVESTMENT PARTNERS, LTD.

Quarter ended Q3 2023 · Filed August 8, 2023 · Accession 0001085146-23-003125

Total Value

$191.9M

Positions

128

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (128)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES TR	464287614	43,401	$11.9M	6.22%
2	ISHARES TR	464287598	65,510	$10.3M	5.39%
3	VANGUARD TAX-MANAGED FDS	921943858	166,907	$7.7M	4.02%
4	MICROSOFT CORP	MSFT	22,058	$7.5M	3.91%
5	APPLE INC	AAPL	38,068	$7.4M	3.85%
6	VANGUARD INTL EQUITY INDEX F	922042858	133,306	$5.4M	2.83%
7	ISHARES TR	46432F842	73,895	$5.0M	2.60%
8	VANGUARD SPECIALIZED FUNDS	921908844	29,305	$4.8M	2.48%
9	ISHARES TR	46429B697	57,069	$4.2M	2.21%
10	ISHARES TR	464287481	42,274	$4.1M	2.13%
11	ISHARES TR	464287408	24,270	$3.9M	2.04%
12	ISHARES TR	464287309	55,373	$3.9M	2.03%
13	ISHARES TR	464287473	33,539	$3.7M	1.92%
14	ISHARES TR	464287465	49,249	$3.6M	1.86%
15	LILLY ELI & CO	LLY	7,170	$3.4M	1.75%
16	ISHARES TR	464288414	31,063	$3.3M	1.73%
17	JPMORGAN CHASE & CO	VYLD	20,883	$3.0M	1.58%
18	ISHARES TR	464287630	20,531	$2.9M	1.51%
19	ISHARES TR	464287200	6,086	$2.7M	1.41%
20	ISHARES TR	464287648	10,955	$2.7M	1.39%
21	SELECT SECTOR SPDR TR	81369Y886	40,231	$2.6M	1.37%
22	VANGUARD INTL EQUITY INDEX F	922042718	23,253	$2.6M	1.34%
23	VANGUARD INDEX FDS	922908629	11,324	$2.5M	1.30%
24	ISHARES TR	46434V407	53,334	$2.2M	1.15%
25	PRINCIPAL EXCHANGE TRADED FD	74255Y888	127,471	$2.2M	1.13%
26	SPDR SER TR	78464A763	16,916	$2.1M	1.08%
27	ORACLE CORP	ORCL-PD	16,152	$1.9M	1.00%
28	VANGUARD INDEX FDS	922908751	9,266	$1.8M	0.96%
29	AMERICAN ELEC PWR CO INC	025537101	21,380	$1.8M	0.94%
30	ISHARES TR	464287507	6,775	$1.8M	0.92%
31	VANGUARD BD INDEX FDS	921937827	22,947	$1.7M	0.90%
32	VANGUARD INDEX FDS	922908553	20,734	$1.7M	0.90%
33	VANGUARD WHITEHALL FDS	921946810	22,827	$1.7M	0.89%
34	ISHARES TR	46429B689	23,090	$1.6M	0.81%
35	PEPSICO INC	PEP	8,096	$1.5M	0.78%
36	HOME DEPOT INC	HD	4,814	$1.5M	0.78%
37	BERKSHIRE HATHAWAY INC DEL	BRK-A	4,366	$1.5M	0.78%
38	VISA INC	V	5,853	$1.4M	0.72%
39	EXXON MOBIL CORP	XOM	12,653	$1.4M	0.71%
40	PROCTER AND GAMBLE CO	742718109	8,814	$1.3M	0.70%
41	ISHARES TR	464288646	26,572	$1.3M	0.69%
42	CHEVRON CORP NEW	CVX	8,036	$1.3M	0.66%
43	UNITEDHEALTH GROUP INC	UNH	2,604	$1.3M	0.65%
44	JOHNSON & JOHNSON	JNJ	7,526	$1.2M	0.65%
45	WALMART INC	WMT	7,745	$1.2M	0.63%
46	PFIZER INC	PFE	32,844	$1.2M	0.63%
47	COSTCO WHSL CORP NEW	22160K105	2,147	$1.2M	0.60%
48	AUTOMATIC DATA PROCESSING IN	ADP	5,220	$1.1M	0.60%
49	CISCO SYS INC	CSCO	21,648	$1.1M	0.58%
50	ISHARES TR	46435G672	22,207	$1.1M	0.57%
51	LOCKHEED MARTIN CORP	LMT	2,204	$1.0M	0.53%
52	VERIZON COMMUNICATIONS INC	VZ	26,915	$1.0M	0.52%
53	COCA COLA CO	KO	16,540	$996,020	0.52%
54	MCDONALDS CORP	MCD	3,334	$994,935	0.52%
55	CATERPILLAR INC	CAT	3,915	$963,172	0.50%
56	NVIDIA CORPORATION	NVDA	2,225	$941,422	0.49%
57	SPDR SER TR	78468R739	19,924	$937,424	0.49%
58	SPDR GOLD TR	GLD	5,243	$934,670	0.49%
59	ISHARES TR	46434V621	18,115	$933,487	0.49%
60	BRISTOL-MYERS SQUIBB CO	CELG-RI	14,275	$912,892	0.48%
61	ISHARES SILVER TR	SLV	42,900	$896,181	0.47%
62	THERMO FISHER SCIENTIFIC INC	TMO	1,596	$832,803	0.43%
63	HUNTINGTON BANCSHARES INC	HBANP	77,018	$830,259	0.43%
64	BOEING CO	BA-PA	3,894	$822,158	0.43%
65	ABBOTT LABS	ABLZF	7,532	$821,165	0.43%
66	ALPHABET INC	GOOG	6,696	$810,049	0.42%
67	SELECT SECTOR SPDR TR	81369Y506	9,754	$791,692	0.41%
68	VANECK ETF TRUST	92189H409	15,406	$790,944	0.41%
69	ISHARES TR	464287655	4,194	$785,442	0.41%
70	DISNEY WALT CO	254687106	8,636	$771,047	0.40%
71	MERCK & CO INC	MRK	6,171	$712,061	0.37%
72	SPDR S&P 500 ETF TR	SPY	1,581	$700,810	0.37%
73	ISHARES TR	46429B663	6,788	$684,115	0.36%
74	AMAZON COM INC	AMZN	5,199	$677,742	0.35%
75	INTERNATIONAL BUSINESS MACHS	INTR	4,878	$652,723	0.34%
76	SELECT SECTOR SPDR TR	81369Y100	7,815	$647,629	0.34%
77	ASML HOLDING N V	ASMLF	865	$626,946	0.33%
78	INVESCO QQQ TR	IVZ	1,684	$622,272	0.32%
79	SELECT SECTOR SPDR TR	81369Y704	5,685	$610,114	0.32%
80	INTEL CORP	INTC	17,507	$585,451	0.31%
81	GILEAD SCIENCES INC	GILD	7,420	$571,827	0.30%
82	FIRST TR EXCHANGE-TRADED FD	33741X102	20,194	$571,702	0.30%
83	ENBRIDGE INC	ENNPF	15,235	$565,977	0.29%
84	SELECT SECTOR SPDR TR	81369Y605	16,511	$556,586	0.29%
85	BP PLC	BPPFF	15,480	$546,288	0.28%
86	ADOBE SYSTEMS INCORPORATED	ADBE	1,096	$535,933	0.28%
87	NORTHROP GRUMMAN CORP	NOC	1,105	$503,659	0.26%
88	DNP SELECT INCOME FD INC	23325P104	44,766	$469,150	0.24%
89	SELECT SECTOR SPDR TR	81369Y308	6,300	$467,271	0.24%
90	COCA-COLA FEMSA SAB DE CV	COCSF	5,461	$454,981	0.24%
91	INVESCO EXCHANGE TRADED FD T	IVZ	3,028	$453,159	0.24%
92	GENERAL DYNAMICS CORP	GD	2,055	$442,115	0.23%
93	YUM BRANDS INC	YUM	3,157	$437,334	0.23%
94	ISHARES TR	464287168	3,789	$429,254	0.22%
95	ALLSTATE CORP	ALL-PJ	3,920	$427,386	0.22%
96	VANGUARD SCOTTSDALE FDS	92206C714	6,067	$419,893	0.22%
97	ISHARES TR	464288638	8,224	$415,870	0.22%
98	ANALOG DEVICES INC	ADI	2,110	$411,112	0.21%
99	NEXTERA ENERGY INC	NEE-PW	5,476	$406,322	0.21%
100	SPDR SER TR	78464A508	9,002	$388,886	0.20%
101	GENUINE PARTS CO	GPC	2,280	$385,875	0.20%
102	ALPHABET INC	GOOG	3,220	$385,434	0.20%
103	ALBEMARLE CORP	ALB-PA	1,640	$365,964	0.19%
104	NIKE INC	NKE	3,200	$353,224	0.18%
105	INTUITIVE SURGICAL INC	ISRG	1,021	$349,121	0.18%
106	LOWES COS INC	548661107	1,546	$348,988	0.18%
107	STARBUCKS CORP	SBUX	3,469	$343,612	0.18%
108	INVESCO EXCH TRADED FD TR II	IVZ	5,355	$336,327	0.18%
109	AMERICAN TOWER CORP NEW	03027X100	1,680	$325,845	0.17%
110	ISHARES TR	464287804	3,234	$322,266	0.17%
111	TORONTO DOMINION BK ONT	TORO	4,897	$303,638	0.16%
112	COLGATE PALMOLIVE CO	CL	3,850	$296,616	0.15%
113	ABBVIE INC	ABBV	2,103	$283,312	0.15%
114	COMCAST CORP NEW	CCZ	6,787	$282,009	0.15%
115	ISHARES TR	46429B598	6,422	$280,641	0.15%
116	TAIWAN SEMICONDUCTOR MFG LTD	874039100	2,743	$276,841	0.14%
117	SPDR S&P MIDCAP 400 ETF TR	MDY	568	$272,021	0.14%
118	CINCINNATI FINL CORP	172062101	2,634	$256,384	0.13%
119	UNITED PARCEL SERVICE INC	UPS	1,412	$253,137	0.13%
120	FIDELITY NATIONAL FINANCIAL	FNF	6,582	$236,967	0.12%
121	GOLDMAN SACHS GROUP INC	GSCE	720	$232,092	0.12%
122	PRUDENTIAL FINL INC	PUKPF	2,611	$230,339	0.12%
123	ATLASSIAN CORPORATION	TEAM	1,331	$223,355	0.12%
124	XYLEM INC	XYL	1,900	$213,978	0.11%
125	BANK AMERICA CORP	060505104	7,396	$212,186	0.11%
126	GENERAL MLS INC	370334104	2,722	$208,815	0.11%
127	AT&T INC	T-PC	12,764	$203,587	0.11%
128	KEYCORP	493267108	10,067	$93,021	0.05%