13F HOLDINGS REPORT

SJA Financial Advisory, LLC

Quarter ended Q1 2023 · Filed February 14, 2023 · Accession 0001697024-23-000002

Total Value

$111.3M

Positions

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (43)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES CORE MSCI EAFE	46432F842	279,164	$17.2M	15.46%
2	ISHARES S&P 500 INDEX	464287200	30,361	$11.7M	10.48%
3	ISHARES S&P 500 VALUE ETF	464287408	59,223	$8.6M	7.72%
4	ISHARES CORE MSCI EMERGING MKTS	46434G103	166,721	$7.8M	7.00%
5	ISHARES S&P MID-CAP 400 GROWTH ETF	464287606	109,868	$7.5M	6.74%
6	ISHARES S&P 500 GROWTH ETF	464287309	115,222	$6.7M	6.06%
7	VANGUARD FTSE DEVELOPED MARKETS ETF	921943858	122,110	$5.1M	4.61%
8	ISHARES S&P MIDCAP 400 VALUE ETF	464287705	46,087	$4.6M	4.17%
9	ISHARES RUSSELL 1000 VALUE ETF	464287598	26,429	$4.0M	3.60%
10	ISHARES S&P SMALLCAP 600 VALUE ETF	464287879	36,395	$3.3M	2.99%
11	VANGUARD REIT INDEX ETF	922908553	37,693	$3.1M	2.79%
12	SCHWAB U.S. LARGE-CAP ETF	808524201	54,479	$2.5M	2.21%
13	SCHWAB U.S. LARGE-CAP GROWTH ETF	808524300	43,011	$2.4M	2.15%
14	ISHARES S&P SMALL-CAP 600 GROWTH ETF	464287887	20,085	$2.2M	1.95%
15	ISHARES CORE S&P MID CAP ETF	464287507	8,612	$2.1M	1.87%
16	SCHWAB U.S. LARGE-CAP VALUE ETF	808524409	30,563	$2.0M	1.81%
17	ISHARES US REAL ESTATE ETF	464287739	18,964	$1.6M	1.43%
18	ISHARES TRS&P SHORT TERM NATL MUNICIPAL BD FD	464288158	14,920	$1.6M	1.40%
19	ISHARES RUSSELL 1000 ETF	464287622	7,373	$1.6M	1.39%
20	ISHARES JP MORGAN USD EMERGING MARKETS BOND ETF	464288281	16,176	$1.4M	1.23%
21	ISHARES RUSSELL 1000 GROWTH ETF	464287614	5,906	$1.3M	1.14%
22	ISHARES RUSSELL MIDCAP VALUE INDEX	464287473	11,644	$1.2M	1.10%
23	VANGUARD TOTAL INTERNATIONAL BOND ETF	92203J407	25,057	$1.2M	1.07%
24	SPDR S&P 400 MID CAP GROWTH ETF	78464A821	17,809	$1.2M	1.05%
25	ISHARES S&P SMALLCAP 600 ETF	464287804	10,632	$1.0M	0.90%
26	ISHARES TRUST CORE MSCI TOTAL INTL STK ETF	46432F834	16,083	$930,890	0.84%
27	ISHARES RUSSELL 2000 ETF	464287655	4,410	$768,852	0.69%
28	SPDR PORTFOLIO EMERGING MARKETS ETF	78463X509	22,280	$734,365	0.66%
29	SPDR S&P 400 MID CAP VALUE ETF	78464A839	9,282	$600,725	0.54%
30	VANGUARD S&P 500 ETF	922908363	1,693	$594,761	0.53%
31	ABRDN BLOOMBERG ALL COMMODITY STRATEGY K-1 FREE ETF	003261104	25,640	$565,618	0.51%
32	SPDR S&P MIDCAP 400 ETF TRUST	MDY	1,260	$557,962	0.50%
33	ISHARES TR RUSSELL MIDCAP INDEX FD	464287499	7,905	$533,170	0.48%
34	SCHWAB INTERNATIONAL EQUITY ETF	808524805	15,366	$494,926	0.44%
35	FIDELITY MSCI MATERIALS INDEX ETF	316092881	10,780	$470,546	0.42%
36	ISHARES RUSSELL 2000 VALUE	464287630	3,216	$446,017	0.40%
37	VANGUARD MID-CAP VALUE ETF	922908512	2,653	$358,816	0.32%
38	SCHWAB EMERGING MARKETS EQUITY ETF	808524706	13,813	$326,943	0.29%
39	SPDR NUVEEN BLOOMBERG HIGH YIELD MUNICIPAL BOND ETF	78464A284	5,089	$249,197	0.22%
40	SCHWAB U.S. SMALL-CAP ETF	808524607	5,984	$242,427	0.22%
41	SPDR S&P 500 ETF TRUST	SPY	578	$221,115	0.20%
42	SCHWAB U.S. BROAD MARKET ETF	808524102	4,920	$220,455	0.20%
43	ISHARES AGGREGATE BOND ETF	464287226	2,130	$206,592	0.19%