13F HOLDINGS REPORT

Cornerstone Advisory, LLC

Quarter ended Q1 2025 · Filed May 7, 2025 · Accession 0001765380-25-000178

Total Value

$856.8M

Positions

229

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (229)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	J P MORGAN EXCHANGE TRADED F	46641Q332	1,926,444	$106.7M	12.45%
2	VANGUARD WHITEHALL FDS	921946406	330,268	$41.1M	4.80%
3	GOLDMAN SACHS ETF TR	NVGLF	881,269	$40.5M	4.72%
4	ISHARES TR	464287200	66,786	$37.5M	4.38%
5	VANGUARD SPECIALIZED FUNDS	921908844	147,852	$28.2M	3.29%
6	GOLDMAN SACHS ETF TR	NVGLF	228,701	$25.2M	2.94%
7	JANUS DETROIT STR TR	47103U845	498,355	$25.1M	2.93%
8	J P MORGAN EXCHANGE TRADED F	46641Q159	540,923	$24.7M	2.89%
9	APPLE INC	AAPL	114,179	$22.7M	2.65%
10	BERKSHIRE HATHAWAY INC DEL	BRK-A	44,236	$22.7M	2.65%
11	VANGUARD ADMIRAL FDS INC	921932505	61,720	$21.4M	2.50%
12	ISHARES TR	464287804	190,235	$19.3M	2.26%
13	J P MORGAN EXCHANGE TRADED F	46654Q203	352,442	$18.1M	2.11%
14	T ROWE PRICE ETF INC	87283Q867	547,121	$17.5M	2.05%
15	VANGUARD INDEX FDS	922908629	59,417	$15.4M	1.80%
16	VANGUARD WORLD FD	92204A702	26,129	$14.6M	1.70%
17	MICROSOFT CORP	MSFT	31,331	$13.6M	1.58%
18	AMAZON COM INC	AMZN	72,496	$13.4M	1.57%
19	PIMCO DYNAMIC INCOME FD	72201Y101	675,956	$12.7M	1.48%
20	VANGUARD INDEX FDS	922908736	32,469	$12.5M	1.45%
21	BLACKROCK MUNIYILD QULT FD I	BLK	1,076,867	$12.1M	1.41%
22	ALPHABET INC	GOOG	73,006	$11.9M	1.39%
23	ISHARES TR	46432F842	111,447	$8.9M	1.04%
24	J P MORGAN EXCHANGE TRADED F	46641Q837	168,819	$8.5M	0.99%
25	NVIDIA CORPORATION	NVDA	73,559	$8.4M	0.97%
26	VANECK ETF TRUST	92189F643	95,543	$8.2M	0.96%
27	NUVEEN QUALITY MUNCP INCOME	NU	685,634	$7.8M	0.91%
28	META PLATFORMS INC	META	13,052	$7.7M	0.89%
29	PRICE T ROWE GROUP INC	TROW	83,978	$7.6M	0.88%
30	VISA INC	V	19,826	$6.9M	0.80%
31	ISHARES TR	464287614	18,511	$6.9M	0.80%
32	CENCORA INC	COR	22,897	$6.7M	0.78%
33	VANGUARD WORLD FD	92204A504	26,158	$6.4M	0.75%
34	SPDR SER TR	78464A763	46,275	$6.1M	0.71%
35	ISHARES TR	464287655	30,581	$6.0M	0.70%
36	ALPHABET INC	GOOG	36,171	$6.0M	0.70%
37	NUVEEN AMT FREE MUN CR INC F	NU	482,157	$5.8M	0.68%
38	BLACKROCK HEALTH SCIENCES TR	BLK	150,539	$5.5M	0.64%
39	PIMCO DYNAMIC INCOME OPRNTS	69355M107	407,002	$5.5M	0.64%
40	INVESCO EXCHANGE TRADED FD T	IVZ	130,939	$5.2M	0.60%
41	MASTERCARD INCORPORATED	MA	9,145	$5.1M	0.60%
42	VANGUARD INDEX FDS	922908611	28,074	$5.1M	0.60%
43	INVESCO QQQ TR	IVZ	9,711	$4.7M	0.55%
44	ISHARES TR	464287671	34,737	$4.6M	0.53%
45	PIMCO ETF TR	72201R775	50,328	$4.6M	0.53%
46	ISHARES TR	464287598	24,195	$4.4M	0.52%
47	CALAMOS CONV & HIGH INCOME F	12811P108	424,741	$4.3M	0.50%
48	TRI CONTL CORP	895436103	132,096	$4.0M	0.46%
49	VANGUARD INDEX FDS	922908595	14,094	$3.6M	0.42%
50	JPMORGAN CHASE & CO.	VYLD	13,082	$3.3M	0.38%
51	VANGUARD INDEX FDS	922908744	19,384	$3.2M	0.38%
52	SPDR S&P 500 ETF TR	SPY	5,653	$3.2M	0.37%
53	ABBVIE INC	ABBV	15,606	$2.9M	0.34%
54	JOHNSON & JOHNSON	JNJ	17,280	$2.7M	0.31%
55	ISHARES TR	464287622	8,261	$2.5M	0.30%
56	VANGUARD WHITEHALL FDS	921946794	31,571	$2.4M	0.28%
57	COSTCO WHSL CORP NEW	22160K105	2,371	$2.4M	0.28%
58	SELECT SECTOR SPDR TR	81369Y704	17,897	$2.4M	0.28%
59	SELECT SECTOR SPDR TR	81369Y803	10,629	$2.3M	0.27%
60	INVESCO EXCHANGE TRADED FD T	IVZ	79,708	$2.2M	0.26%
61	NUVEEN PFD SECS & INC OPPTY	NU	104,142	$2.1M	0.25%
62	EXXON MOBIL CORP	XOM	19,595	$2.1M	0.24%
63	PROCTER AND GAMBLE CO	742718109	12,797	$2.0M	0.24%
64	ELI LILLY & CO	LLY	2,576	$2.0M	0.23%
65	STRYKER CORPORATION	SYK	5,190	$2.0M	0.23%
66	ORACLE CORP	ORCL-PD	13,072	$1.9M	0.23%
67	PIMCO MUN INCOME FD II	72200W106	225,186	$1.7M	0.20%
68	ISHARES TR	464287705	14,000	$1.6M	0.19%
69	ENERGY TRANSFER L P	ET-PI	101,756	$1.6M	0.19%
70	ISHARES BITCOIN TRUST ETF	IBIT	29,211	$1.6M	0.18%
71	WALMART INC	WMT	14,486	$1.4M	0.17%
72	BROADCOM INC	AVGO	6,992	$1.4M	0.16%
73	ISHARES TR	464287309	14,328	$1.4M	0.16%
74	VANGUARD INTL EQUITY INDEX F	922042775	21,213	$1.3M	0.16%
75	PALO ALTO NETWORKS INC	PANW	7,066	$1.3M	0.16%
76	ISHARES TR	464288760	8,200	$1.3M	0.15%
77	ISHARES INC	46434G103	23,474	$1.3M	0.15%
78	UNITEDHEALTH GROUP INC	UNH	3,296	$1.3M	0.15%
79	VANGUARD INDEX FDS	922908538	4,880	$1.2M	0.14%
80	HOME DEPOT INC	HD	3,358	$1.2M	0.14%
81	GARTNER INC	IT	2,778	$1.2M	0.14%
82	ISHARES TR	464287762	21,325	$1.2M	0.14%
83	BROOKFIELD CORP	11271J107	21,905	$1.2M	0.14%
84	OAKTREE SPECIALTY LENDING CO	OCSL	87,613	$1.2M	0.14%
85	INVESCO EXCH TRADED FD TR II	IVZ	5,816	$1.2M	0.13%
86	VANGUARD INDEX FDS	922908769	4,097	$1.1M	0.13%
87	PHILIP MORRIS INTL INC	718172109	6,217	$1.1M	0.13%
88	GOLDMAN SACHS ETF TR	NVGLF	24,111	$1.1M	0.13%
89	MERCK & CO INC	MRK	13,441	$1.1M	0.12%
90	MCDONALDS CORP	MCD	3,330	$1.1M	0.12%
91	ENTERPRISE PRODS PARTNERS L	293792107	34,050	$1.0M	0.12%
92	BANK AMERICA CORP	060505104	24,388	$996,003	0.12%
93	COHEN & STEERS SELECT PFD &	19248Y107	50,978	$982,353	0.11%
94	APPIAN CORP	APPN	31,162	$955,739	0.11%
95	RTX CORPORATION	RTX	7,426	$951,770	0.11%
96	INTERNATIONAL BUSINESS MACHS	INTR	3,730	$929,131	0.11%
97	UNION PAC CORP	UNP	4,288	$914,293	0.11%
98	TRANE TECHNOLOGIES PLC	TT	2,206	$897,136	0.10%
99	AMERICAN CENTY ETF TR	025072877	10,383	$876,575	0.10%
100	SPDR GOLD TR	GLD	2,607	$822,456	0.10%
101	AUTOMATIC DATA PROCESSING IN	ADP	2,666	$808,737	0.09%
102	PACER FDS TR	69374H881	15,532	$806,743	0.09%
103	ALTRIA GROUP INC	MO	13,137	$794,519	0.09%
104	PROSHARES TR	74348A467	8,027	$782,873	0.09%
105	BERKSHIRE HATHAWAY INC DEL	BRK-A	1	$768,000	0.09%
106	PEPSICO INC	PEP	5,839	$763,347	0.09%
107	PALANTIR TECHNOLOGIES INC	PLTR	6,961	$757,774	0.09%
108	CROWDSTRIKE HLDGS INC	CRWD	1,701	$753,900	0.09%
109	MARRIOTT INTL INC NEW	571903202	2,990	$753,291	0.09%
110	TRUIST FINL CORP	89832Q109	19,089	$743,905	0.09%
111	HONEYWELL INTL INC	438516106	3,537	$742,455	0.09%
112	APPLIED MATLS INC	038222105	4,838	$740,342	0.09%
113	AMGEN INC	AMGN	2,737	$740,064	0.09%
114	DUKE ENERGY CORP NEW	DUKB	5,952	$731,752	0.09%
115	AMERICAN TOWER CORP NEW	03027X100	3,220	$720,748	0.08%
116	ABBOTT LABS	ABLZF	5,350	$711,829	0.08%
117	DANAHER CORPORATION	235851102	3,718	$706,527	0.08%
118	AMERICAN ELEC PWR CO INC	025537101	6,541	$702,765	0.08%
119	CHEVRON CORP NEW	CVX	5,160	$699,709	0.08%
120	INVESCO EXCHANGE TRADED FD T	IVZ	4,107	$698,376	0.08%
121	CONSTELLATION ENERGY CORP	CEG	2,539	$695,181	0.08%
122	ISHARES TR	464288810	11,613	$695,136	0.08%
123	WASTE MGMT INC DEL	94106L109	2,956	$691,922	0.08%
124	SSGA ACTIVE ETF TR	78467V608	15,811	$643,962	0.08%
125	SPDR SER TR	78464A581	8,000	$628,240	0.07%
126	KAYNE ANDERSON ENERGY INFRST	486606106	52,007	$611,598	0.07%
127	NETFLIX INC	NFLX	533	$606,389	0.07%
128	TESLA INC	TSLA	2,188	$602,466	0.07%
129	VANECK ETF TRUST	92189F676	2,696	$581,194	0.07%
130	LOCKHEED MARTIN CORP	LMT	1,197	$560,597	0.07%
131	COCA COLA CO	KO	7,756	$556,242	0.06%
132	BLACKSTONE INC	BX	4,123	$552,539	0.06%
133	CATERPILLAR INC	CAT	1,699	$545,290	0.06%
134	CSX CORP	CSX	19,386	$544,565	0.06%
135	MOODYS CORP	MCO	1,169	$541,153	0.06%
136	WELLS FARGO CO NEW	949746101	7,303	$536,595	0.06%
137	NORTHROP GRUMMAN CORP	NOC	1,100	$536,277	0.06%
138	DISNEY WALT CO	254687106	5,804	$534,987	0.06%
139	NEXTERA ENERGY INC	NEE-PW	7,885	$524,668	0.06%
140	SELECT SECTOR SPDR TR	81369Y605	10,650	$523,563	0.06%
141	CISCO SYS INC	CSCO	8,748	$518,063	0.06%
142	EMERSON ELEC CO	EMR	4,722	$506,487	0.06%
143	SOUTHERN CO	SOMN	5,201	$474,425	0.06%
144	MARSH & MCLENNAN COS INC	571748102	2,009	$455,519	0.05%
145	PUBLIC STORAGE OPER CO	PSA-PS	1,524	$454,122	0.05%
146	TRACTOR SUPPLY CO	TSCO	8,890	$453,568	0.05%
147	SHENANDOAH TELECOMMUNICATION	SHEN	38,526	$451,910	0.05%
148	BOEING CO	BA-PA	2,398	$445,932	0.05%
149	UBER TECHNOLOGIES INC	UBER	5,102	$437,905	0.05%
150	GOLDMAN SACHS GROUP INC	GSCE	781	$429,158	0.05%
151	VANGUARD MALVERN FDS	922020748	5,560	$425,952	0.05%
152	GE AEROSPACE	369604301	2,035	$424,479	0.05%
153	MONDELEZ INTL INC	609207105	6,178	$417,089	0.05%
154	T ROWE PRICE ETF INC	87283Q404	10,439	$416,930	0.05%
155	ADVANCED MICRO DEVICES INC	AMD	4,214	$415,585	0.05%
156	DOMINION ENERGY INC	D	7,376	$403,297	0.05%
157	BLACKROCK INC	BLK	433	$396,182	0.05%
158	TORTOISE ENERGY INFRA CORP	TYG	9,871	$388,421	0.05%
159	AMPHENOL CORP NEW	032095101	4,855	$387,004	0.05%
160	3M CO	MMM	2,789	$384,927	0.04%
161	CORNING INC	GLW	8,528	$381,734	0.04%
162	TEXAS INSTRS INC	882508104	2,320	$373,777	0.04%
163	SPDR DOW JONES INDL AVERAGE	78467X109	912	$372,260	0.04%
164	DEERE & CO	DE	783	$372,094	0.04%
165	AIR PRODS & CHEMS INC	AIIR	1,377	$368,513	0.04%
166	BRISTOL-MYERS SQUIBB CO	CELG-RI	7,677	$365,197	0.04%
167	THERMO FISHER SCIENTIFIC INC	TMO	893	$363,315	0.04%
168	CHUBB LIMITED	CB	1,253	$362,164	0.04%
169	TARGA RES CORP	TRGP	2,286	$359,634	0.04%
170	PROLOGIS INC.	PLDGP	3,340	$349,029	0.04%
171	KKR & CO INC	KKRT	3,008	$341,885	0.04%
172	SPDR SER TR	78464A300	4,373	$324,477	0.04%
173	AT&T INC	T-PC	11,304	$318,309	0.04%
174	CROWN CASTLE INC	CCI	2,940	$312,875	0.04%
175	SALESFORCE INC	CRM	1,143	$312,457	0.04%
176	ISHARES TR	464287168	2,426	$312,304	0.04%
177	VERIZON COMMUNICATIONS INC	VZ	7,022	$310,021	0.04%
178	PURE STORAGE INC	74624M102	6,500	$309,270	0.04%
179	LCNB CORP	LCNB	21,000	$306,600	0.04%
180	EXELON CORP	EXC	6,552	$303,296	0.04%
181	BUNGE GLOBAL SA	BG	3,750	$293,100	0.03%
182	STARBUCKS CORP	SBUX	3,516	$291,086	0.03%
183	JOHNSON CTLS INTL PLC	G51502105	3,271	$290,498	0.03%
184	ONEOK INC NEW	OKE	3,561	$282,352	0.03%
185	CONOCOPHILLIPS	COP	3,198	$280,251	0.03%
186	MORGAN STANLEY	MS-PQ	2,365	$279,859	0.03%
187	TJX COS INC NEW	872540109	2,155	$276,781	0.03%
188	MID-AMER APT CMNTYS INC	59522J103	1,668	$274,636	0.03%
189	ARES CAPITAL CORP	ARCC	13,267	$274,362	0.03%
190	TRAVELERS COMPANIES INC	TRV	1,023	$274,274	0.03%
191	DIMENSIONAL ETF TRUST	25434V500	4,650	$274,025	0.03%
192	ISHARES TR	464287226	2,779	$272,404	0.03%
193	SELECT SECTOR SPDR TR	81369Y209	2,022	$271,667	0.03%
194	SIMON PPTY GROUP INC NEW	828806109	1,694	$271,328	0.03%
195	VANGUARD INDEX FDS	922908363	523	$268,710	0.03%
196	ALLSTATE CORP	ALL-PJ	1,327	$268,127	0.03%
197	AVALONBAY CMNTYS INC	AWX	1,252	$260,253	0.03%
198	QUALCOMM INC	QCOM	1,840	$257,377	0.03%
199	AMERICAN EXPRESS CO	AXP	934	$257,066	0.03%
200	SCHWAB CHARLES CORP	SCHW-PJ	2,993	$247,947	0.03%
201	THE CIGNA GROUP	125523100	732	$244,439	0.03%
202	STATE STR CORP	STT-PG	2,670	$242,332	0.03%
203	PFIZER INC	PFE	10,316	$236,036	0.03%
204	ISHARES TR	464288802	2,031	$234,685	0.03%
205	BNY MELLON STRATEGIC MUNS IN	05588W108	39,633	$233,237	0.03%
206	MCKESSON CORP	MCK	327	$232,546	0.03%
207	FORTINET INC	FTNT	2,128	$227,994	0.03%
208	SELECT SECTOR SPDR TR	81369Y886	2,810	$226,261	0.03%
209	SERVICENOW INC	NOW	232	$223,940	0.03%
210	VANGUARD INDEX FDS	922908751	1,020	$223,645	0.03%
211	LINDE PLC	LIN	500	$223,609	0.03%
212	NOVARTIS AG	NVSEF	2,018	$223,090	0.03%
213	KIMBERLY-CLARK CORP	KMB	1,642	$218,008	0.03%
214	AON PLC	AON	603	$215,832	0.03%
215	MEDTRONIC PLC	MDT	2,605	$214,444	0.03%
216	HUNT J B TRANS SVCS INC	445658107	1,637	$214,212	0.03%
217	VANGUARD INDEX FDS	922908512	1,361	$213,539	0.02%
218	T-MOBILE US INC	TMUSZ	836	$212,284	0.02%
219	ISHARES TR	464287119	2,511	$211,482	0.02%
220	GOLDMAN SACHS BDC INC	GSBD	20,000	$210,800	0.02%
221	VANGUARD SCOTTSDALE FDS	92206C409	2,667	$209,914	0.02%
222	DECKERS OUTDOOR CORP	DECK	1,757	$205,692	0.02%
223	VANGUARD STAR FDS	921909768	3,130	$203,951	0.02%
224	NOVO-NORDISK A S	NONOF	3,044	$201,787	0.02%
225	NIKE INC	NKE	3,537	$201,767	0.02%
226	NUVEEN VIRGINIA QLTY MUNCPL	NU	15,000	$169,351	0.02%
227	EATON VANCE TAX-MANAGED GLOB	ETN	19,697	$162,503	0.02%
228	PIMCO CORPORATE & INCOME OPP	PTY	10,000	$138,000	0.02%
229	GABELLI EQUITY TR INC	GAB-PK	17,763	$98,583	0.01%