13F HOLDINGS REPORT

Aspen Investment Management Inc

Quarter ended Q1 2025 · Filed May 20, 2025 · Accession 0001541596-25-000004

Total Value

$216,897

Positions

146

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (146)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	SPDR S&P 500 ETF TR	SPY	34,348	$19,215	8.86%
2	INVESCO EXCHANGE TRADED FD T	IVZ	66,518	$11,523	5.31%
3	ISHARES TR	464288638	127,642	$6,704	3.09%
4	MICROSOFT CORP	MSFT	17,802	$6,683	3.08%
5	ISHARES TR	464287655	32,190	$6,422	2.96%
6	ISHARES TR	46432F842	76,432	$5,782	2.67%
7	ISHARES TR	464288646	105,612	$5,531	2.55%
8	JPMORGAN CHASE & CO.	VYLD	17,927	$4,397	2.03%
9	FIRST TR EXCH TRADED FD III	33739E108	242,579	$4,267	1.97%
10	WALMART INC	WMT	47,502	$4,170	1.92%
11	FIRST TR EXCHANGE-TRADED FD	33738D309	83,364	$3,806	1.75%
12	APPLE INC	AAPL	15,761	$3,501	1.61%
13	INVESCO EXCH TRD SLF IDX FD	IVZ	168,660	$3,304	1.52%
14	ISHARES TR	464287200	5,792	$3,254	1.50%
15	GOLDMAN SACHS GROUP INC	GSCE	5,935	$3,242	1.49%
16	AMAZON COM INC	AMZN	16,227	$3,087	1.42%
17	VANGUARD INDEX FDS	922908553	33,500	$3,033	1.40%
18	VISA INC	V	7,334	$2,570	1.18%
19	PIMCO ETF TR	72201R783	26,988	$2,528	1.17%
20	INVESCO EXCH TRD SLF IDX FD	IVZ	121,900	$2,481	1.14%
21	SELECT SECTOR SPDR TR	81369Y704	18,542	$2,430	1.12%
22	FAIR ISAAC CORP	FICO	1,307	$2,410	1.11%
23	INTERCONTINENTAL EXCHANGE IN	45866F104	13,068	$2,254	1.04%
24	HOME DEPOT INC	HD	6,133	$2,248	1.04%
25	INVESCO EXCH TRD SLF IDX FD	IVZ	113,485	$2,211	1.02%
26	SELECT SECTOR SPDR TR	81369Y886	27,192	$2,144	0.99%
27	PEPSICO INC	PEP	13,845	$2,076	0.96%
28	ALPHABET INC	GOOG	12,861	$1,989	0.92%
29	WASTE MGMT INC DEL	94106L109	8,544	$1,978	0.91%
30	SCHWAB CHARLES CORP	SCHW-PJ	24,165	$1,892	0.87%
31	WISDOMTREE TR	WT	58,867	$1,881	0.87%
32	STRYKER CORPORATION	SYK	4,925	$1,834	0.85%
33	SCHWAB STRATEGIC TR	808524607	77,102	$1,806	0.83%
34	EXXON MOBIL CORP	XOM	14,754	$1,755	0.81%
35	AMGEN INC	AMGN	5,555	$1,731	0.80%
36	TRANE TECHNOLOGIES PLC	TT	5,086	$1,714	0.79%
37	INVESCO EXCH TRD SLF IDX FD	IVZ	81,703	$1,690	0.78%
38	SPDR GOLD TR	GLD	5,857	$1,688	0.78%
39	SCHWAB STRATEGIC TR	808524201	75,841	$1,675	0.77%
40	CHEVRON CORP NEW	CVX	9,944	$1,664	0.77%
41	AUTOMATIC DATA PROCESSING IN	ADP	5,407	$1,652	0.76%
42	INTERNATIONAL BUSINESS MACHS	INTR	6,557	$1,631	0.75%
43	JOHNSON & JOHNSON	JNJ	9,805	$1,626	0.75%
44	ROBINHOOD MKTS INC	770700102	38,803	$1,615	0.74%
45	ILLINOIS TOOL WKS INC	452308109	6,236	$1,547	0.71%
46	SPDR S&P MIDCAP 400 ETF TR	MDY	2,831	$1,510	0.70%
47	VANGUARD INDEX FDS	922908629	5,807	$1,502	0.69%
48	SCHWAB STRATEGIC TR	808524805	74,893	$1,481	0.68%
49	BANK AMERICA CORP	060505104	34,720	$1,449	0.67%
50	CSX CORP	CSX	48,923	$1,440	0.66%
51	CISCO SYS INC	CSCO	20,856	$1,287	0.59%
52	PROCTER AND GAMBLE CO	742718109	7,507	$1,279	0.59%
53	WILLIAMS COS INC	969457100	20,674	$1,235	0.57%
54	SELECT SECTOR SPDR TR	81369Y506	13,194	$1,233	0.57%
55	JOHNSON CTLS INTL PLC	G51502105	15,330	$1,228	0.57%
56	CORNING INC	GLW	25,016	$1,145	0.53%
57	NEXTERA ENERGY INC	NEE-PW	15,464	$1,096	0.51%
58	ISHARES TR	464287622	3,542	$1,086	0.50%
59	SELECT SECTOR SPDR TR	81369Y407	5,410	$1,068	0.49%
60	HUNTINGTON BANCSHARES INC	HBANP	70,743	$1,062	0.49%
61	MONDELEZ INTL INC	609207105	15,466	$1,049	0.48%
62	ABBOTT LABS	ABLZF	7,848	$1,041	0.48%
63	COSTCO WHSL CORP NEW	22160K105	1,063	$1,005	0.46%
64	BANK NEW YORK MELLON CORP	064058100	11,944	$1,002	0.46%
65	ISHARES TR	464287465	12,208	$998	0.46%
66	CATERPILLAR INC	CAT	2,966	$978	0.45%
67	VANGUARD INTL EQUITY INDEX F	922042858	21,491	$973	0.45%
68	ABBVIE INC	ABBV	4,533	$950	0.44%
69	EATON CORP PLC	ETN	3,447	$937	0.43%
70	AMERICAN EXPRESS CO	AXP	3,286	$884	0.41%
71	BOSTON SCIENTIFIC CORP	BSX	8,700	$878	0.40%
72	PAYPAL HLDGS INC	PYPL	13,434	$877	0.40%
73	LOCKHEED MARTIN CORP	LMT	1,869	$835	0.38%
74	NVIDIA CORPORATION	NVDA	7,657	$830	0.38%
75	META PLATFORMS INC	META	1,436	$828	0.38%
76	ABRDN ETFS	003261104	38,087	$817	0.38%
77	ELI LILLY & CO	LLY	973	$804	0.37%
78	QUANTA SVCS INC	74762E102	3,056	$777	0.36%
79	EDWARDS LIFESCIENCES CORP	EW	10,360	$751	0.35%
80	VANGUARD INDEX FDS	922908769	2,668	$733	0.34%
81	WELLS FARGO CO NEW	949746101	10,163	$730	0.34%
82	SCHWAB STRATEGIC TR	808524888	19,778	$710	0.33%
83	COCA COLA CO	KO	9,727	$697	0.32%
84	TEXAS INSTRS INC	882508104	3,695	$664	0.31%
85	SCHWAB STRATEGIC TR	808524706	22,456	$619	0.29%
86	ISHARES TR	464288356	10,881	$612	0.28%
87	ISHARES INC	46434G103	11,288	$609	0.28%
88	SCHWAB STRATEGIC TR	808524508	22,836	$598	0.28%
89	DUKE ENERGY CORP NEW	DUKB	4,869	$594	0.27%
90	MARRIOTT INTL INC NEW	571903202	2,490	$593	0.27%
91	ETHAN ALLEN INTERIORS INC	ETD	21,296	$590	0.27%
92	METLIFE INC	MET-PF	7,190	$577	0.27%
93	SELECT SECTOR SPDR TR	81369Y209	3,894	$569	0.26%
94	ALPHABET INC	GOOG	3,636	$568	0.26%
95	SELECT SECTOR SPDR TR	81369Y803	2,750	$568	0.26%
96	FIRST TR EXCHANGE-TRADED FD	33738D101	14,870	$557	0.26%
97	CONOCOPHILLIPS	COP	5,135	$539	0.25%
98	AMERICAN INTL GROUP INC	026874784	6,051	$526	0.24%
99	BRISTOL-MYERS SQUIBB CO	CELG-RI	8,232	$502	0.23%
100	VANGUARD WORLD FD	92204A702	908	$492	0.23%
101	WISDOMTREE TR	WT	9,630	$477	0.22%
102	SCHWAB STRATEGIC TR	808524797	16,972	$475	0.22%
103	ISHARES TR	464287101	1,700	$460	0.21%
104	SCHWAB STRATEGIC TR	808524300	18,216	$456	0.21%
105	ELEVANCE HEALTH INC	ELV	1,048	$456	0.21%
106	GE AEROSPACE	369604301	2,244	$449	0.21%
107	VANGUARD INDEX FDS	922908637	1,733	$445	0.21%
108	ISHARES TR	464287614	1,230	$444	0.20%
109	MICRON TECHNOLOGY INC	MU	5,043	$438	0.20%
110	DEERE & CO	DE	925	$434	0.20%
111	MARVELL TECHNOLOGY INC	MRVL	7,009	$432	0.20%
112	ORACLE CORP	ORCL-PD	2,989	$418	0.19%
113	TRAVELERS COMPANIES INC	TRV	1,495	$395	0.18%
114	INTEL CORP	INTC	17,184	$390	0.18%
115	IRON MTN INC DEL	46284V101	4,531	$390	0.18%
116	MARATHON PETE CORP	MARA	2,621	$382	0.18%
117	VANGUARD SPECIALIZED FUNDS	921908844	1,939	$376	0.17%
118	MEDTRONIC PLC	MDT	4,083	$367	0.17%
119	SELECT SECTOR SPDR TR	81369Y605	7,233	$360	0.17%
120	MONSTER BEVERAGE CORP NEW	MNST	6,152	$360	0.17%
121	THE TRADE DESK INC	88339J105	6,491	$355	0.16%
122	SELECT SECTOR SPDR TR	81369Y852	3,350	$323	0.15%
123	ISHARES TR	464287507	5,475	$319	0.15%
124	PFIZER INC	PFE	12,061	$306	0.14%
125	UNITEDHEALTH GROUP INC	UNH	582	$305	0.14%
126	MOTOROLA SOLUTIONS INC	MSI	690	$302	0.14%
127	DOCUSIGN INC	DOCU	3,698	$301	0.14%
128	PAYCHEX INC	PAYX	1,909	$295	0.14%
129	DISNEY WALT CO	254687106	2,938	$290	0.13%
130	DTE ENERGY CO	DTK	2,088	$289	0.13%
131	CITIGROUP INC	C-PR	4,039	$287	0.13%
132	FIRST TR EXCHANGE TRADED FD	33734X846	4,514	$284	0.13%
133	ETF SER SOLUTIONS	26922A321	5,062	$275	0.13%
134	VANGUARD WHITEHALL FDS	921946406	2,075	$268	0.12%
135	SCHWAB STRATEGIC TR	808524409	9,822	$261	0.12%
136	WISDOMTREE TR	WT	5,650	$245	0.11%
137	HCA HEALTHCARE INC	HCA	699	$242	0.11%
138	LISTED FD TR	53656F623	5,914	$240	0.11%
139	ISHARES TR	464287846	1,757	$239	0.11%
140	REPUBLIC SVCS INC	760759100	970	$235	0.11%
141	ISHARES TR	464287499	2,700	$230	0.11%
142	SHERWIN WILLIAMS CO	SHW	650	$227	0.10%
143	VANGUARD INDEX FDS	922908744	1,267	$219	0.10%
144	AMERICAN CENTY ETF TR	025072877	2,479	$216	0.10%
145	SPDR SER TR	78464A862	1,034	$208	0.10%
146	RIVIAN AUTOMOTIVE INC	RIVN	10,400	$129	0.06%