13F HOLDINGS REPORT

INVESTMENT PARTNERS, LTD.

Quarter ended Q4 2024 · Filed February 6, 2025 · Accession 0001085146-25-000837

Total Value

$242.8M

Positions

146

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (146)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES TR	464287614	36,426	$14.6M	6.02%
2	ISHARES TR	464287598	56,427	$10.4M	4.30%
3	MICROSOFT CORP	MSFT	22,708	$9.6M	3.94%
4	VANGUARD TAX-MANAGED FDS	921943858	191,734	$9.2M	3.78%
5	APPLE INC	AAPL	34,115	$8.5M	3.52%
6	NVIDIA CORPORATION	NVDA	46,640	$6.3M	2.58%
7	VANGUARD INTL EQUITY INDEX F	922042858	139,969	$6.2M	2.54%
8	VANGUARD SPECIALIZED FUNDS	921908844	30,238	$5.9M	2.44%
9	ISHARES TR	464287309	54,660	$5.5M	2.29%
10	ELI LILLY & CO	LLY	6,542	$5.1M	2.08%
11	ISHARES TR	464287481	39,034	$4.9M	2.04%
12	ISHARES TR	46432F842	68,150	$4.8M	1.97%
13	JPMORGAN CHASE & CO.	VYLD	19,415	$4.7M	1.92%
14	ISHARES TR	464287473	35,480	$4.6M	1.89%
15	ISHARES TR	464287408	23,882	$4.6M	1.88%
16	ISHARES TR	46434V407	97,040	$4.1M	1.70%
17	ISHARES TR	464288646	78,228	$4.0M	1.67%
18	VANGUARD BD INDEX FDS	921937827	50,961	$3.9M	1.62%
19	ISHARES TR	46429B697	42,946	$3.8M	1.57%
20	ISHARES TR	464287465	48,955	$3.7M	1.52%
21	ISHARES TR	464287200	5,581	$3.3M	1.35%
22	ABBVIE INC	ABBV	17,199	$3.1M	1.26%
23	SELECT SECTOR SPDR TR	81369Y886	38,795	$2.9M	1.21%
24	ORACLE CORP	ORCL-PD	16,626	$2.8M	1.14%
25	ISHARES TR	464287630	16,769	$2.8M	1.13%
26	ISHARES TR	464288414	25,812	$2.8M	1.13%
27	BERKSHIRE HATHAWAY INC DEL	BRK-A	5,822	$2.6M	1.09%
28	VANGUARD INDEX FDS	922908629	9,789	$2.6M	1.06%
29	PRINCIPAL EXCHANGE TRADED FD	74255Y888	137,131	$2.6M	1.05%
30	ISHARES TR	464287648	8,676	$2.5M	1.03%
31	VANGUARD INTL EQUITY INDEX F	922042718	21,348	$2.4M	1.01%
32	ISHARES TR	46435G672	43,968	$2.2M	0.90%
33	AUTOMATIC DATA PROCESSING IN	ADP	7,388	$2.2M	0.89%
34	WALMART INC	WMT	22,970	$2.1M	0.85%
35	SPDR SER TR	78464A763	15,509	$2.0M	0.84%
36	AMERICAN ELEC PWR CO INC	025537101	21,401	$2.0M	0.81%
37	COSTCO WHSL CORP NEW	22160K105	2,021	$1.9M	0.76%
38	ISHARES TR	464287507	29,598	$1.8M	0.76%
39	VANGUARD INDEX FDS	922908553	20,463	$1.8M	0.75%
40	VANGUARD INDEX FDS	922908751	7,383	$1.8M	0.73%
41	MCDONALDS CORP	MCD	6,078	$1.8M	0.73%
42	HOME DEPOT INC	HD	4,400	$1.7M	0.70%
43	VANGUARD WHITEHALL FDS	921946810	21,263	$1.7M	0.70%
44	EXXON MOBIL CORP	XOM	15,610	$1.7M	0.69%
45	PEPSICO INC	PEP	11,021	$1.7M	0.69%
46	VISA INC	V	5,143	$1.6M	0.67%
47	PROCTER AND GAMBLE CO	742718109	9,261	$1.6M	0.64%
48	ISHARES TR	46434V621	25,109	$1.5M	0.63%
49	AMAZON COM INC	AMZN	6,565	$1.4M	0.59%
50	UNITEDHEALTH GROUP INC	UNH	2,695	$1.4M	0.56%
51	ALPHABET INC	GOOG	7,076	$1.3M	0.55%
52	DBX ETF TR	233051630	54,521	$1.3M	0.55%
53	SPDR GOLD TR	GLD	5,258	$1.3M	0.52%
54	CATERPILLAR INC	CAT	3,425	$1.2M	0.51%
55	CHEVRON CORP NEW	CVX	8,392	$1.2M	0.50%
56	INVESCO QQQ TR	IVZ	2,254	$1.2M	0.47%
57	ISHARES SILVER TR	SLV	42,900	$1.1M	0.47%
58	ISHARES TR	46429B689	15,726	$1.1M	0.46%
59	VANECK ETF TRUST	92189F460	51,326	$1.1M	0.45%
60	HUNTINGTON BANCSHARES INC	HBANP	66,330	$1.1M	0.44%
61	LOCKHEED MARTIN CORP	LMT	2,109	$1.0M	0.42%
62	ALPHABET INC	GOOG	5,377	$1.0M	0.42%
63	COCA COLA CO	KO	14,747	$918,174	0.38%
64	SPDR SER TR	78468R739	19,350	$916,997	0.38%
65	CISCO SYS INC	CSCO	15,397	$911,509	0.38%
66	JOHNSON & JOHNSON	JNJ	6,262	$905,542	0.37%
67	DISNEY WALT CO	254687106	7,998	$890,626	0.37%
68	ISHARES TR	464287655	3,940	$870,653	0.36%
69	INTERNATIONAL BUSINESS MACHS	INTR	3,954	$869,241	0.36%
70	FIRST TR EXCHANGE-TRADED FD	33741X102	23,997	$860,300	0.35%
71	BRISTOL-MYERS SQUIBB CO	CELG-RI	14,378	$813,220	0.33%
72	SELECT SECTOR SPDR TR	81369Y605	16,514	$798,122	0.33%
73	VERIZON COMMUNICATIONS INC	VZ	19,608	$784,109	0.32%
74	SELECT SECTOR SPDR TR	81369Y506	9,047	$774,951	0.32%
75	SPDR S&P 500 ETF TR	SPY	1,282	$751,222	0.31%
76	ISHARES BITCOIN TRUST ETF	IBIT	13,980	$741,639	0.31%
77	SELECT SECTOR SPDR TR	81369Y704	5,610	$739,174	0.30%
78	ISHARES TR	46429B663	6,571	$737,689	0.30%
79	VANECK ETF TRUST	92189H409	13,890	$721,030	0.30%
80	ASML HOLDING N V	ASMLF	997	$691,168	0.28%
81	ABBOTT LABS	ABLZF	6,005	$679,277	0.28%
82	THERMO FISHER SCIENTIFIC INC	TMO	1,297	$674,934	0.28%
83	TESLA INC	TSLA	1,658	$669,567	0.28%
84	SELECT SECTOR SPDR TR	81369Y100	7,725	$649,982	0.27%
85	ENBRIDGE INC	ENNPF	15,162	$643,308	0.26%
86	GENERAL DYNAMICS CORP	GD	2,291	$603,680	0.25%
87	INTUITIVE SURGICAL INC	ISRG	1,111	$579,898	0.24%
88	CROWDSTRIKE HLDGS INC	CRWD	1,626	$556,352	0.23%
89	PFIZER INC	PFE	20,616	$546,953	0.23%
90	TAIWAN SEMICONDUCTOR MFG LTD	874039100	2,748	$542,667	0.22%
91	ADOBE INC	ADBE	1,197	$532,282	0.22%
92	INVESCO EXCHANGE TRADED FD T	IVZ	3,030	$530,882	0.22%
93	GILEAD SCIENCES INC	GILD	5,747	$530,836	0.22%
94	VANGUARD SCOTTSDALE FDS	92206C714	6,231	$506,260	0.21%
95	SELECT SECTOR SPDR TR	81369Y308	6,300	$495,243	0.20%
96	NORTHROP GRUMMAN CORP	NOC	1,047	$491,359	0.20%
97	PARK NATL CORP	700658107	2,780	$476,575	0.20%
98	GOLDMAN SACHS GROUP INC	GSCE	831	$475,703	0.20%
99	MERCK & CO INC	MRK	4,712	$468,707	0.19%
100	DNP SELECT INCOME FD INC	23325P104	53,131	$468,620	0.19%
101	SPDR SER TR	78464A508	9,002	$460,362	0.19%
102	ISHARES TR	464287168	3,457	$453,857	0.19%
103	PALANTIR TECHNOLOGIES INC	PLTR	5,917	$447,503	0.18%
104	YUM BRANDS INC	YUM	3,231	$433,449	0.18%
105	ISHARES TR	464288638	8,365	$430,887	0.18%
106	CINCINNATI FINL CORP	172062101	2,974	$427,333	0.18%
107	ALLSTATE CORP	ALL-PJ	2,213	$426,631	0.18%
108	HONEYWELL INTL INC	438516106	1,887	$426,245	0.18%
109	ISHARES TR	464289875	9,497	$412,535	0.17%
110	ISHARES TR	464288679	3,627	$399,369	0.16%
111	LOWES COS INC	548661107	1,554	$383,438	0.16%
112	STARBUCKS CORP	SBUX	4,152	$378,899	0.16%
113	BLACKROCK INC	BLK	368	$377,418	0.16%
114	ANALOG DEVICES INC	ADI	1,756	$373,156	0.15%
115	ISHARES TR	46429B598	6,886	$362,479	0.15%
116	AFLAC INC	AFL	3,467	$358,583	0.15%
117	MARSH & MCLENNAN COS INC	571748102	1,684	$357,703	0.15%
118	COLGATE PALMOLIVE CO	CL	3,849	$349,900	0.14%
119	INVESCO EXCH TRADED FD TR II	IVZ	4,961	$347,282	0.14%
120	BANK AMERICA CORP	060505104	7,374	$324,067	0.13%
121	SPDR S&P MIDCAP 400 ETF TR	MDY	568	$323,521	0.13%
122	PRUDENTIAL FINL INC	PUKPF	2,683	$318,048	0.13%
123	COMCAST CORP NEW	CCZ	8,419	$315,975	0.13%
124	VANGUARD INDEX FDS	922908736	751	$308,114	0.13%
125	ISHARES TR	464287804	2,602	$299,746	0.12%
126	GENERAL MLS INC	370334104	4,679	$298,376	0.12%
127	ATLASSIAN CORPORATION	TEAM	1,218	$296,437	0.12%
128	BOEING CO	BA-PA	1,659	$293,723	0.12%
129	AFFILIATED MANAGERS GROUP IN	MGRE	1,585	$293,122	0.12%
130	COCA-COLA FEMSA SAB DE CV	COCSF	3,674	$286,189	0.12%
131	INTEL CORP	INTC	14,049	$281,676	0.12%
132	AT&T INC	T-PC	12,311	$280,317	0.12%
133	SPDR SER TR	78464A409	2,980	$261,942	0.11%
134	GE AEROSPACE	369604301	1,570	$261,919	0.11%
135	MORGAN STANLEY	MS-PQ	2,064	$259,469	0.11%
136	SYNOPSYS INC	SNPS	502	$243,651	0.10%
137	NEXTERA ENERGY INC	NEE-PW	3,376	$242,039	0.10%
138	JACOBS SOLUTIONS INC	J	1,713	$228,852	0.09%
139	VERTIV HOLDINGS CO	VRT	2,002	$227,445	0.09%
140	DIGITAL RLTY TR INC	253868103	1,247	$221,131	0.09%
141	META PLATFORMS INC	META	361	$211,658	0.09%
142	SIFCO INDS INC	826546103	57,541	$203,983	0.08%
143	WELLTOWER INC	WELL	1,602	$201,864	0.08%
144	BLACKROCK MUNIASSETS FD INC	BLK	14,782	$163,193	0.07%
145	PENNANTPARK FLOATING RATE CA	PFLT	10,000	$109,300	0.05%
146	ENCORE ENERGY CORP	EU	20,711	$70,625	0.03%