13F HOLDINGS REPORT
FIRST BUSINESS FINANCIAL SERVICES, INC.
Quarter ended Q1 2023 · Filed February 2, 2023 · Accession 0001521951-23-000018
Total Value
$744,170
Positions
163
Other Managers
0
Confidential Omitted
No
Holdings (163)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Vanguard Total Stock Market ET | 922908769 | 885,996 | $169,394 | 22.76% |
| 2 | iShares Core MSCI EAFE ETF | 46432F842 | 1,601,571 | $98,721 | 13.27% |
| 3 | iShares Core S&P Small-Cap ETF | 464287804 | 549,779 | $52,031 | 6.99% |
| 4 | iShares Russell 1000 Growth ET | 464287614 | 210,543 | $45,107 | 6.06% |
| 5 | iShares Core US Aggregate Bond | 464287226 | 461,227 | $44,734 | 6.01% |
| 6 | iShares Core Dividend Growth | 46434V621 | 867,431 | $43,372 | 5.83% |
| 7 | iShares Russell 1000 Value ETF | 464287598 | 282,623 | $42,860 | 5.76% |
| 8 | iShares Core S&P Mid-Cap ETF | 464287507 | 149,107 | $36,067 | 4.85% |
| 9 | SPDR S&P 500 ETF | SPY | 44,901 | $17,171 | 2.31% |
| 10 | Vanguard Real Estate ETF | 922908553 | 194,906 | $16,076 | 2.16% |
| 11 | First Business Financial Servi | 319390100 | 355,045 | $12,977 | 1.74% |
| 12 | JPMorgan Ultra-Short Income ET | 46641Q837 | 204,019 | $10,227 | 1.37% |
| 13 | Apple Inc | AAPL | 54,347 | $7,061 | 0.95% |
| 14 | Fiserv Inc | FISV | 63,629 | $6,431 | 0.86% |
| 15 | iShares Edge MSCI USA Momentum | 46432F396 | 30,881 | $4,506 | 0.61% |
| 16 | JPMorgan Chase & Co | VYLD | 27,596 | $3,701 | 0.50% |
| 17 | Alphabet Inc Cap Stk Cl A | GOOG | 40,521 | $3,575 | 0.48% |
| 18 | Microsoft Corp | MSFT | 14,093 | $3,380 | 0.45% |
| 19 | Pepsico Inc | PEP | 18,016 | $3,255 | 0.44% |
| 20 | Energy Select Sector SPDR ETF | 81369Y506 | 27,122 | $2,372 | 0.32% |
| 21 | Coca-Cola Co | KO | 36,905 | $2,348 | 0.32% |
| 22 | Abbvie Inc Com | ABBV | 13,803 | $2,231 | 0.30% |
| 23 | Cisco Systems Inc | CSCO | 46,817 | $2,230 | 0.30% |
| 24 | iShares S&P 500 Core | 464287200 | 5,786 | $2,223 | 0.30% |
| 25 | Merck & Co Inc | MRK | 19,736 | $2,190 | 0.29% |
| 26 | Lilly Eli Co | LLY | 5,875 | $2,149 | 0.29% |
| 27 | Analog Devices Inc | ADI | 12,951 | $2,124 | 0.29% |
| 28 | Elevance Health INC | ELV | 4,082 | $2,094 | 0.28% |
| 29 | UnitedHealth Group Inc | UNH | 3,850 | $2,041 | 0.27% |
| 30 | McDonald's Corp | MCD | 7,639 | $2,013 | 0.27% |
| 31 | Johnson & Johnson | JNJ | 11,036 | $1,950 | 0.26% |
| 32 | Home Depot Inc | HD | 6,122 | $1,934 | 0.26% |
| 33 | Broadcom Inc | AVGO | 3,258 | $1,822 | 0.24% |
| 34 | Amgen Inc | AMGN | 6,902 | $1,813 | 0.24% |
| 35 | Amerisourcebergen Corp | COR | 10,852 | $1,798 | 0.24% |
| 36 | T Mobile US Inc | TMUSZ | 12,638 | $1,769 | 0.24% |
| 37 | Bank Of America Corp | 060505104 | 52,579 | $1,741 | 0.23% |
| 38 | Texas Instruments Inc | 882508104 | 10,267 | $1,696 | 0.23% |
| 39 | Technology Select Sector SPDR | 81369Y803 | 13,385 | $1,666 | 0.22% |
| 40 | Procter & Gamble Co | 742718109 | 10,941 | $1,658 | 0.22% |
| 41 | Exxon Mobil Corp | XOM | 14,903 | $1,644 | 0.22% |
| 42 | Prudential Financial Inc | PUKPF | 16,449 | $1,636 | 0.22% |
| 43 | Arista Networks Inc | ANET | 13,142 | $1,595 | 0.21% |
| 44 | American Tower Corp | 03027X100 | 7,506 | $1,590 | 0.21% |
| 45 | Schlumberger Ltd | SLB | 29,383 | $1,571 | 0.21% |
| 46 | Lowe's Companies Inc | 548661107 | 7,541 | $1,502 | 0.20% |
| 47 | TJX Companies Inc | 872540109 | 18,772 | $1,494 | 0.20% |
| 48 | Electronic Arts Inc | EA | 12,106 | $1,479 | 0.20% |
| 49 | Stryker Corp | SYK | 5,710 | $1,396 | 0.19% |
| 50 | Republic Services Inc | 760759100 | 10,632 | $1,371 | 0.18% |
| 51 | Industrials Select Sector SPDR | 81369Y704 | 13,928 | $1,368 | 0.18% |
| 52 | Rio Tinto PLC Sponsored ADR | RTNTF | 18,995 | $1,352 | 0.18% |
| 53 | CSX Corp Com | CSX | 43,488 | $1,347 | 0.18% |
| 54 | Paychex Inc | PAYX | 11,585 | $1,339 | 0.18% |
| 55 | Abbott Laboratories | ABLZF | 11,817 | $1,297 | 0.17% |
| 56 | Intercontinental Exchange Inc | 45866F104 | 12,598 | $1,292 | 0.17% |
| 57 | Essential Utilities, Inc | 29670G102 | 27,012 | $1,289 | 0.17% |
| 58 | Walt Disney Company | 254687106 | 14,752 | $1,282 | 0.17% |
| 59 | Costco Wholesale Corp | 22160K105 | 2,797 | $1,277 | 0.17% |
| 60 | General Dynamics Corp | GD | 5,100 | $1,265 | 0.17% |
| 61 | Adobe Inc | ADBE | 3,730 | $1,255 | 0.17% |
| 62 | Philip Morris International In | 718172109 | 12,068 | $1,221 | 0.16% |
| 63 | Amazon.com Inc | AMZN | 14,026 | $1,178 | 0.16% |
| 64 | iShares Russell 1000 ETF | 464287622 | 5,578 | $1,174 | 0.16% |
| 65 | Lam Research Corporation | LRCX | 2,783 | $1,170 | 0.16% |
| 66 | iShares Edge MSCI Min Vol USA | 46429B697 | 16,093 | $1,160 | 0.16% |
| 67 | Johnson Controls Intl, PLC | G51502105 | 17,974 | $1,150 | 0.15% |
| 68 | Darden Restaurants Inc | DRI | 8,184 | $1,132 | 0.15% |
| 69 | Quanta Services Inc | 74762E102 | 7,668 | $1,093 | 0.15% |
| 70 | iShares Russell 2000 | 464287655 | 6,206 | $1,082 | 0.15% |
| 71 | Vanguard Small-Cap ETF | 922908751 | 5,736 | $1,053 | 0.14% |
| 72 | Chevron Corp | CVX | 5,762 | $1,034 | 0.14% |
| 73 | Kroger Co | KR | 22,413 | $999 | 0.13% |
| 74 | Financial Select Sector SPDR E | 81369Y605 | 28,839 | $986 | 0.13% |
| 75 | Devon Energy Corp New | 25179M103 | 15,054 | $926 | 0.12% |
| 76 | Qualcomm Inc | QCOM | 8,297 | $912 | 0.12% |
| 77 | Vanguard Mid-Cap ETF | 922908629 | 4,451 | $907 | 0.12% |
| 78 | Visa Inc | V | 4,223 | $877 | 0.12% |
| 79 | Mondelez Intl Inc Class A | 609207105 | 12,911 | $861 | 0.12% |
| 80 | Citigroup Inc | C-PR | 17,851 | $807 | 0.11% |
| 81 | Micron Technology Inc | MU | 15,575 | $778 | 0.10% |
| 82 | Illinois Tool Works Inc | 452308109 | 3,516 | $775 | 0.10% |
| 83 | Consumer Discr Select Sect SPD | 81369Y407 | 5,651 | $730 | 0.10% |
| 84 | Air Prods Chems Inc | AIIR | 2,360 | $727 | 0.10% |
| 85 | SPDRA S&P MidCap 400 ETF | MDY | 1,633 | $723 | 0.10% |
| 86 | Shell Plc ADR | RYDAF | 12,455 | $709 | 0.10% |
| 87 | Tetra Tech Inc New | TTEK | 4,676 | $679 | 0.09% |
| 88 | iShares Russell 2000 Growth | 464287648 | 3,152 | $676 | 0.09% |
| 89 | iShares Russell 2000 Value | 464287630 | 4,662 | $646 | 0.09% |
| 90 | Nike Inc | NKE | 5,475 | $641 | 0.09% |
| 91 | Amdocs Ltd ADR | DOX | 7,038 | $640 | 0.09% |
| 92 | Thomson Reuters Corp | TMSOF | 5,581 | $637 | 0.09% |
| 93 | Fidelity National Information | 31620M106 | 9,375 | $636 | 0.09% |
| 94 | Nvidia Corp | NVDA | 4,219 | $617 | 0.08% |
| 95 | Expedia Group Inc New | EXPE | 6,949 | $609 | 0.08% |
| 96 | Alphabet Inc Cap Stk Cl C | GOOG | 6,620 | $587 | 0.08% |
| 97 | Aon PLC Shs Cl A | AON | 1,921 | $577 | 0.08% |
| 98 | Pfizer Inc | PFE | 11,136 | $571 | 0.08% |
| 99 | BlackRock Inc | BLK | 799 | $566 | 0.08% |
| 100 | Intel Corp | INTC | 20,784 | $549 | 0.07% |
| 101 | Mastercard Inc Cl A | MA | 1,522 | $529 | 0.07% |
| 102 | Nice Ltd Sponsored ADR | NCSYF | 2,713 | $522 | 0.07% |
| 103 | Vanguard Communication SVCS ET | 92204A884 | 6,200 | $510 | 0.07% |
| 104 | MGE Energy Inc | MGEE | 7,203 | $507 | 0.07% |
| 105 | Accenture PLC | ACN | 1,873 | $500 | 0.07% |
| 106 | Allegheny Technologies Inc | ATI | 14,325 | $428 | 0.06% |
| 107 | Nuveen ESG Large Cap Value | NU | 11,991 | $411 | 0.06% |
| 108 | Transdigm Group Inc | TDG | 648 | $408 | 0.05% |
| 109 | PNC Financial Services Group I | 693475105 | 2,580 | $407 | 0.05% |
| 110 | Charles River Labs Intl | 159864107 | 1,825 | $398 | 0.05% |
| 111 | American Funds Capital Income | 140193103 | 6,310 | $397 | 0.05% |
| 112 | Vanguard Index Value | 922908744 | 2,753 | $386 | 0.05% |
| 113 | Intuitive Surgical Inc | ISRG | 1,419 | $377 | 0.05% |
| 114 | Nextera Energy Inc | NEE-PW | 4,491 | $375 | 0.05% |
| 115 | Corning Inc | GLW | 11,406 | $364 | 0.05% |
| 116 | iShares Select Dividend | 464287168 | 3,022 | $364 | 0.05% |
| 117 | Altria Group Inc | MO | 7,616 | $348 | 0.05% |
| 118 | Bristol Myers Squibb Co | CELG-RI | 4,818 | $347 | 0.05% |
| 119 | Ameriprise Financial Inc | 03076C106 | 1,093 | $340 | 0.05% |
| 120 | Spdr Gold Trust Shs | GLD | 2,000 | $339 | 0.05% |
| 121 | TE Connectivity Ltd | TEL | 2,955 | $339 | 0.05% |
| 122 | Communication Sector Select SP | 81369Y852 | 7,057 | $339 | 0.05% |
| 123 | Wal-Mart Inc | WMT | 2,337 | $331 | 0.04% |
| 124 | US Bancorp | USB-PS | 7,549 | $329 | 0.04% |
| 125 | AT&T Inc | T-PC | 17,746 | $327 | 0.04% |
| 126 | Advanced Micro Devices Inc | AMD | 5,046 | $327 | 0.04% |
| 127 | Paypal Hldgs Inc | PYPL | 4,560 | $325 | 0.04% |
| 128 | Vanguard Index Growth | 922908736 | 1,502 | $320 | 0.04% |
| 129 | The Charles Schwab Corp | SCHW-PJ | 3,815 | $318 | 0.04% |
| 130 | Kimberly-Clark Corp | KMB | 2,308 | $313 | 0.04% |
| 131 | Union Pacific Corp | UNP | 1,489 | $308 | 0.04% |
| 132 | International Business Machine | INTR | 2,179 | $307 | 0.04% |
| 133 | Berkshire Hathaway INC-CL B | BRK-A | 966 | $298 | 0.04% |
| 134 | Eaton Corp PLC | ETN | 1,879 | $295 | 0.04% |
| 135 | Xcel Energy Inc. | XELLL | 4,113 | $288 | 0.04% |
| 136 | Genuine Parts Co | GPC | 1,574 | $273 | 0.04% |
| 137 | Cintas Corporation | CTAS | 602 | $272 | 0.04% |
| 138 | iShares MSCI ACWI ex US | 464288240 | 5,905 | $269 | 0.04% |
| 139 | Microchip Technology Inc | MCHPP | 3,746 | $263 | 0.04% |
| 140 | Valero Energy Corp | VLO | 1,978 | $251 | 0.03% |
| 141 | Phillips 66 | PSX | 2,380 | $248 | 0.03% |
| 142 | Applied Materials Inc | 038222105 | 2,539 | $247 | 0.03% |
| 143 | NMI Holdings Inc Cl A | NMIH | 11,604 | $243 | 0.03% |
| 144 | Bank Of Montreal ADR | 063671101 | 2,676 | $242 | 0.03% |
| 145 | Arthur J. Gallagher & Co | 363576109 | 1,276 | $241 | 0.03% |
| 146 | American Express CO | AXP | 1,630 | $241 | 0.03% |
| 147 | Verizon Communications Inc | VZ | 6,106 | $241 | 0.03% |
| 148 | Moderna Inc | MRNA | 1,341 | $241 | 0.03% |
| 149 | Starbucks Corp | SBUX | 2,411 | $239 | 0.03% |
| 150 | Waste Mgmt Inc Del | 94106L109 | 1,495 | $235 | 0.03% |
| 151 | Weyco Group Inc | WEYS | 10,802 | $229 | 0.03% |
| 152 | Danaher Corp | 235851102 | 855 | $227 | 0.03% |
| 153 | Ark Innovation | 00214Q104 | 7,224 | $226 | 0.03% |
| 154 | Rockwell Automation Inc | ROK | 867 | $223 | 0.03% |
| 155 | Automatic Data Processing Inc | ADP | 931 | $222 | 0.03% |
| 156 | Vanguard FTSE Developed Market | 921943858 | 5,245 | $220 | 0.03% |
| 157 | Cummins Inc | CMI | 904 | $219 | 0.03% |
| 158 | Meta Platforms Inc | META | 1,803 | $217 | 0.03% |
| 159 | EOG Res Inc | EOG | 1,568 | $203 | 0.03% |
| 160 | CVS Health Corp | CVS | 2,181 | $203 | 0.03% |
| 161 | Barrick Gold Corp ADR | 067901108 | 11,000 | $189 | 0.03% |
| 162 | Palantir Technologies Inc | PLTR | 10,811 | $69 | 0.01% |
| 163 | Acutus Medical | 005111109 | 10,000 | $12 | 0.00% |