13F HOLDINGS REPORT
Exchange Bank
Quarter ended Q1 2025 · Filed April 15, 2025 · Accession 0002001155-25-000002
Total Value
$124.0M
Positions
181
Other Managers
0
Confidential Omitted
No
Holdings (181)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES NATIONAL AMT-FREE MUNI | 464288414 | 62,236 | $6.6M | 5.29% |
| 2 | APPLE INC | AAPL | 22,438 | $5.0M | 4.02% |
| 3 | JOHNSON & JOHNSON | JNJ | 23,597 | $3.9M | 3.16% |
| 4 | CHEVRON CORP | CVX | 21,752 | $3.6M | 2.94% |
| 5 | VANGUARD TOTAL STOCK MARKET ETF | 922908769 | 12,817 | $3.5M | 2.84% |
| 6 | ISHARES CORE TOTAL US BOND | 464287226 | 33,131 | $3.3M | 2.64% |
| 7 | VANGUARD TOTAL BOND MARKET ETF | 921937835 | 42,263 | $3.1M | 2.50% |
| 8 | WALMART INC | WMT | 35,337 | $3.1M | 2.50% |
| 9 | EXXON MOBIL CORP | XOM | 23,952 | $2.8M | 2.30% |
| 10 | PROCTER & GAMBLE CO | 742718109 | 16,451 | $2.8M | 2.26% |
| 11 | MICROSOFT CORP | MSFT | 7,179 | $2.7M | 2.17% |
| 12 | JP MORGAN CHASE & CO | VYLD | 10,101 | $2.5M | 2.00% |
| 13 | CATERPILLAR INC | CAT | 7,405 | $2.4M | 1.97% |
| 14 | BERKSHIRE HATHAWAY INC | BRK-A | 3 | $2.4M | 1.93% |
| 15 | UNION PACIFIC CORP | UNP | 8,903 | $2.1M | 1.70% |
| 16 | COCA-COLA CO | KO | 29,125 | $2.1M | 1.68% |
| 17 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 29,556 | $1.8M | 1.45% |
| 18 | AUTOMATIC DATA PROCESSING INC | ADP | 5,810 | $1.8M | 1.43% |
| 19 | PHILIP MORRIS INTERNATIONAL INC | 718172109 | 11,143 | $1.8M | 1.43% |
| 20 | INTERNATIONAL BUSINESS MACHS | INTR | 7,061 | $1.8M | 1.42% |
| 21 | SCHWAB US BROAD MARKET ETFT | 808524102 | 77,850 | $1.7M | 1.35% |
| 22 | SPDR S&P 500 ETF | SPY | 2,915 | $1.6M | 1.32% |
| 23 | ISHARES CORE S&P MID-CAP (MKT) | 464287507 | 27,641 | $1.6M | 1.30% |
| 24 | MARSH & MCLENNAN COS INC | 571748102 | 6,239 | $1.5M | 1.23% |
| 25 | NORFOLK SOUTHERN CORP | 655844108 | 5,656 | $1.3M | 1.08% |
| 26 | MERCK & CO INC | MRK | 14,761 | $1.3M | 1.07% |
| 27 | TEXAS INSTRUMENTS INC | 882508104 | 7,099 | $1.3M | 1.03% |
| 28 | NVIDIA CORP | NVDA | 11,690 | $1.3M | 1.02% |
| 29 | VANGUARD SHORT-TERM CORP BD IDX | 92206C409 | 15,907 | $1.3M | 1.01% |
| 30 | ALPHABET INC | GOOG | 7,601 | $1.2M | 0.95% |
| 31 | ISHARES SHORT-TERM CORPORATE | 464288646 | 22,163 | $1.2M | 0.94% |
| 32 | ISHARES CORE INTERNATIONAL | 46435G672 | 23,121 | $1.2M | 0.93% |
| 33 | APPLE INC | AAPL | 5,149 | $1.1M | 0.92% |
| 34 | AMAZON COM INC SR | AMZN | 5,635 | $1.1M | 0.86% |
| 35 | PROCTER & GAMBLE CO | 742718109 | 6,273 | $1.1M | 0.86% |
| 36 | TARGET CORP | TGT | 9,891 | $1.0M | 0.83% |
| 37 | ALPHABET INC | GOOG | 6,233 | $973,784 | 0.79% |
| 38 | NEXTERA ENERGY INC | NEE-PW | 13,341 | $945,743 | 0.76% |
| 39 | ELI LILLY & CO | LLY | 1,130 | $933,279 | 0.75% |
| 40 | ISHARES ST NATIONAL AMTFREE MUNI | 464288158 | 8,655 | $913,968 | 0.74% |
| 41 | GLOBE LIFE INC | GL-PD | 6,750 | $889,110 | 0.72% |
| 42 | MICROSOFT CORP | MSFT | 2,368 | $888,924 | 0.72% |
| 43 | ALTRIA GROUP INC | MO | 13,890 | $833,677 | 0.67% |
| 44 | BERKSHIRE HATHAWAY INC | BRK-A | 1,562 | $831,887 | 0.67% |
| 45 | HOME DEPOT INC | HD | 2,073 | $759,733 | 0.61% |
| 46 | ORACLE CORP | ORCL-PD | 5,234 | $731,764 | 0.59% |
| 47 | ISHARES MSCI EAFE (MKT) | 464287465 | 8,936 | $730,339 | 0.59% |
| 48 | ISHARES FALN ANGLS USD BD ETF | 46435G474 | 27,183 | $728,232 | 0.59% |
| 49 | VANGUARD FTSE DEVELOPED MARKETS | 921943858 | 14,296 | $726,667 | 0.59% |
| 50 | MCDONALDS CORP | MCD | 2,326 | $726,573 | 0.59% |
| 51 | COSTCO WHOLESALE CORP | 22160K105 | 730 | $690,419 | 0.56% |
| 52 | HONEYWELL INTERNATIONAL INC | 438516106 | 3,244 | $686,917 | 0.55% |
| 53 | MONDELEZ INTL INC | 609207105 | 9,983 | $677,347 | 0.55% |
| 54 | FEDEX CORP | FDX | 2,703 | $658,938 | 0.53% |
| 55 | BECTON DICKINSON & CO | BDX | 2,840 | $650,530 | 0.52% |
| 56 | PEPSICO INC | PEP | 4,288 | $642,944 | 0.52% |
| 57 | SPDR BOFA ML CROSSOVER CORP BOND | 78468R606 | 27,046 | $633,418 | 0.51% |
| 58 | ISHARES CORE TOTAL US BOND | 464287226 | 6,220 | $615,282 | 0.50% |
| 59 | GE AEROSPACE | 369604301 | 3,032 | $606,857 | 0.49% |
| 60 | AVANTIS INTL SMALL CAP VAL ETF | 025072802 | 8,629 | $601,786 | 0.49% |
| 61 | ISHARES MSCI USA MINIMUM | 46429B697 | 6,400 | $599,424 | 0.48% |
| 62 | ISHARES RUSSELL 2000 (MKT) | 464287655 | 2,993 | $597,075 | 0.48% |
| 63 | VANGUARD SMALL CAP VALUE ETF | 922908611 | 3,155 | $587,744 | 0.47% |
| 64 | AMERICAN EXPRESS CO | AXP | 2,166 | $582,761 | 0.47% |
| 65 | HUNTINGTON BANCSHARES INC | HBANP | 38,024 | $570,740 | 0.46% |
| 66 | BANK OF NEW YORK MELLON CORP | 064058100 | 6,735 | $564,865 | 0.46% |
| 67 | PFIZER INC | PFE | 21,688 | $549,575 | 0.44% |
| 68 | BROADRIDGE FINANCIAL SOLUTIONS | 11133T103 | 2,250 | $545,535 | 0.44% |
| 69 | LOWES COMPANIES INC | 548661107 | 2,325 | $542,261 | 0.44% |
| 70 | ISHARES ESG1 5 YR USD BD ETF | 46435G243 | 20,837 | $520,717 | 0.42% |
| 71 | ISHARES CORE S&P SMALL-CAP (MKT) | 464287804 | 4,537 | $474,435 | 0.38% |
| 72 | VANGUARD S&P 500 ETF (MKT) | 922908363 | 919 | $472,284 | 0.38% |
| 73 | ISHARES CORE S&P 500 (MKT) | 464287200 | 835 | $469,189 | 0.38% |
| 74 | VISA INC | V | 1,293 | $453,145 | 0.37% |
| 75 | META PLATFORMS INC | META | 781 | $450,137 | 0.36% |
| 76 | 3M CO | MMM | 3,038 | $446,159 | 0.36% |
| 77 | AGILENT TECHNOLOGIES INC | A | 3,554 | $415,747 | 0.34% |
| 78 | ISHARES GOLD TRUST | IAU | 6,893 | $406,411 | 0.33% |
| 79 | ISHARES INTERMEDIATE-TERM | 464288638 | 7,672 | $402,933 | 0.33% |
| 80 | VANGUARD REAL ESTATE ETF | 922908553 | 4,337 | $392,672 | 0.32% |
| 81 | CISCO SYSTEMS INC | CSCO | 6,309 | $389,330 | 0.31% |
| 82 | ISHARES MSCI USA QUALITY FACTOR | 46432F339 | 2,231 | $381,256 | 0.31% |
| 83 | DUKE ENERGY CORP | DUKB | 3,045 | $371,399 | 0.30% |
| 84 | UNITEDHEALTH GROUP INC | UNH | 708 | $370,817 | 0.30% |
| 85 | WALT DISNEY CO | 254687106 | 3,541 | $349,497 | 0.28% |
| 86 | MASTERCARD INC | MA | 632 | $346,412 | 0.28% |
| 87 | BROADCOM INC COM | AVGO | 2,059 | $344,739 | 0.28% |
| 88 | VANGUARD EMERGING MARKETS STOCK | 922042858 | 7,496 | $339,271 | 0.27% |
| 89 | VANGUARD HIGH DIVIDEND YIELD | 921946406 | 2,609 | $336,457 | 0.27% |
| 90 | AON PLC SHS CL A | AON | 829 | $330,847 | 0.27% |
| 91 | BLACKROCK INC | BLK | 348 | $329,376 | 0.27% |
| 92 | ADOBE SYSTEMS INC | ADBE | 833 | $319,483 | 0.26% |
| 93 | MASTERCARD INC | MA | 570 | $312,426 | 0.25% |
| 94 | ILLINOIS TOOL WORKS INC | 452308109 | 1,237 | $306,788 | 0.25% |
| 95 | DUPONT DE NEMOURS INC | DD | 4,079 | $304,620 | 0.25% |
| 96 | NORTHROP GRUMMAN CORP | NOC | 593 | $303,622 | 0.24% |
| 97 | JOHNSON & JOHNSON | JNJ | 1,782 | $295,527 | 0.24% |
| 98 | NETFLIX INC | NFLX | 308 | $287,219 | 0.23% |
| 99 | EMERSON ELECTRIC CO | EMR | 2,617 | $286,928 | 0.23% |
| 100 | BOOKING HLDGS INC | BKNG | 61 | $281,023 | 0.23% |
| 101 | JP MORGAN CHASE & CO | VYLD | 1,145 | $280,870 | 0.23% |
| 102 | ISHARES CORE S&P MID-CAP (MKT) | 464287507 | 4,800 | $280,080 | 0.23% |
| 103 | VANGUARD TOTAL BOND MARKET ETF | 921937835 | 3,755 | $275,805 | 0.22% |
| 104 | RTX CORPORATION | RTX | 1,952 | $258,561 | 0.21% |
| 105 | AT&T INC | T-PC | 9,027 | $255,283 | 0.21% |
| 106 | GLOBAL X US INFRASTRUCTURE ETF | 37954Y673 | 6,651 | $250,942 | 0.20% |
| 107 | ABBVIE INC | ABBV | 1,154 | $241,787 | 0.20% |
| 108 | CSX CORP | CSX | 7,933 | $233,467 | 0.19% |
| 109 | ISHARES FLOATING RATE BOND (MKT) | 46429B655 | 4,401 | $224,671 | 0.18% |
| 110 | GE VERNOVA INC | GEV | 733 | $223,770 | 0.18% |
| 111 | AMERICAN EXPRESS CO | AXP | 823 | $221,429 | 0.18% |
| 112 | ALPHABET INC | GOOG | 1,388 | $214,639 | 0.17% |
| 113 | SPDR NUVEEN BLOOMBERG BARCLAYS | 78468R721 | 4,622 | $208,314 | 0.17% |
| 114 | THE TRAVELERS COMPANIES INC | TRV | 773 | $204,428 | 0.16% |
| 115 | CHEVRON CORP | CVX | 1,207 | $201,920 | 0.16% |
| 116 | PNC FINANCIAL SERVICES GROUP | 693475105 | 1,140 | $200,378 | 0.16% |
| 117 | INTERNATIONAL BUSINESS MACHS | INTR | 793 | $197,188 | 0.16% |
| 118 | UNION PACIFIC CORP | UNP | 817 | $193,008 | 0.16% |
| 119 | GENUINE PARTS CO | GPC | 1,604 | $191,102 | 0.15% |
| 120 | MEDTRONIC PLC | MDT | 2,072 | $186,190 | 0.15% |
| 121 | UNITED PARCEL SERVICE | UPS | 1,645 | $180,934 | 0.15% |
| 122 | PAYCHEX INC | PAYX | 1,138 | $175,570 | 0.14% |
| 123 | HOME DEPOT INC | HD | 472 | $172,984 | 0.14% |
| 124 | ABBVIE INC | ABBV | 822 | $172,225 | 0.14% |
| 125 | SALESFORCE | CRM | 634 | $170,141 | 0.14% |
| 126 | PEPSICO INC | PEP | 1,082 | $162,236 | 0.13% |
| 127 | ACCENTURE PLC | ACN | 519 | $161,948 | 0.13% |
| 128 | QUALCOMM INC | QCOM | 1,045 | $160,524 | 0.13% |
| 129 | EXXON MOBIL CORP | XOM | 1,172 | $139,386 | 0.11% |
| 130 | LOCKHEED MARTIN CORP | LMT | 305 | $136,247 | 0.11% |
| 131 | LINDE PLC | LIN | 288 | $134,105 | 0.11% |
| 132 | ILLINOIS TOOL WORKS INC | 452308109 | 532 | $131,942 | 0.11% |
| 133 | BLACKROCK INC | BLK | 138 | $130,614 | 0.11% |
| 134 | CISCO SYSTEMS INC | CSCO | 2,103 | $129,776 | 0.10% |
| 135 | ISHARES CORE S&P SMALL-CAP (MKT) | 464287804 | 1,055 | $110,321 | 0.09% |
| 136 | VISA INC | V | 314 | $110,045 | 0.09% |
| 137 | LOCKHEED MARTIN CORP | LMT | 229 | $102,296 | 0.08% |
| 138 | ALPHABET INC | GOOG | 624 | $97,488 | 0.08% |
| 139 | COCA-COLA CO | KO | 1,348 | $96,543 | 0.08% |
| 140 | EMERSON ELECTRIC CO | EMR | 806 | $88,370 | 0.07% |
| 141 | AMAZON COM INC SR | AMZN | 456 | $86,758 | 0.07% |
| 142 | HONEYWELL INTERNATIONAL INC | 438516106 | 409 | $86,606 | 0.07% |
| 143 | COSTCO WHOLESALE CORP | 22160K105 | 89 | $84,174 | 0.07% |
| 144 | WALMART INC | WMT | 945 | $82,962 | 0.07% |
| 145 | ACCENTURE PLC | ACN | 257 | $80,194 | 0.06% |
| 146 | NVIDIA CORP | NVDA | 735 | $79,659 | 0.06% |
| 147 | MONDELEZ INTL INC | 609207105 | 1,161 | $78,773 | 0.06% |
| 148 | BERKSHIRE HATHAWAY INC | BRK-A | 145 | $77,224 | 0.06% |
| 149 | VANGUARD SHORT-TERM CORP BD IDX | 92206C409 | 975 | $76,967 | 0.06% |
| 150 | TARGET CORP | TGT | 735 | $76,705 | 0.06% |
| 151 | ADOBE SYSTEMS INC | ADBE | 196 | $75,173 | 0.06% |
| 152 | ELI LILLY & CO | LLY | 91 | $75,158 | 0.06% |
| 153 | MEDTRONIC PLC | MDT | 810 | $72,787 | 0.06% |
| 154 | MCDONALDS CORP | MCD | 233 | $72,782 | 0.06% |
| 155 | META PLATFORMS INC | META | 120 | $69,163 | 0.06% |
| 156 | LINDE PLC | LIN | 148 | $68,914 | 0.06% |
| 157 | BANK OF NEW YORK MELLON CORP | 064058100 | 820 | $68,773 | 0.06% |
| 158 | PAYCHEX INC | PAYX | 385 | $59,398 | 0.05% |
| 159 | RTX CORPORATION | RTX | 441 | $58,415 | 0.05% |
| 160 | PFIZER INC | PFE | 2,231 | $56,533 | 0.05% |
| 161 | CATERPILLAR INC | CAT | 170 | $56,066 | 0.05% |
| 162 | AT&T INC | T-PC | 1,949 | $55,117 | 0.04% |
| 163 | 3M CO | MMM | 372 | $54,632 | 0.04% |
| 164 | VANGUARD REAL ESTATE ETF | 922908553 | 550 | $49,797 | 0.04% |
| 165 | QUALCOMM INC | QCOM | 312 | $47,926 | 0.04% |
| 166 | UNITED PARCEL SERVICE | UPS | 394 | $43,336 | 0.03% |
| 167 | BOOKING HLDGS INC | BKNG | 8 | $36,856 | 0.03% |
| 168 | PHILIP MORRIS INTERNATIONAL INC | 718172109 | 221 | $35,079 | 0.03% |
| 169 | SALESFORCE | CRM | 130 | $34,886 | 0.03% |
| 170 | ALTRIA GROUP INC | MO | 543 | $32,591 | 0.03% |
| 171 | UNITEDHEALTH GROUP INC | UNH | 56 | $29,330 | 0.02% |
| 172 | ISHARES FALN ANGLS USD BD ETF | 46435G474 | 1,064 | $28,505 | 0.02% |
| 173 | NEXTERA ENERGY INC | NEE-PW | 389 | $27,576 | 0.02% |
| 174 | GENUINE PARTS CO | GPC | 225 | $26,807 | 0.02% |
| 175 | VANGUARD EMERGING MARKETS STOCK | 922042858 | 580 | $26,251 | 0.02% |
| 176 | MERCK & CO INC | MRK | 272 | $24,415 | 0.02% |
| 177 | VANGUARD S&P 500 ETF (MKT) | 922908363 | 45 | $23,126 | 0.02% |
| 178 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 319 | $19,456 | 0.02% |
| 179 | DUPONT DE NEMOURS INC | DD | 251 | $18,745 | 0.02% |
| 180 | VANGUARD FTSE DEVELOPED MARKETS | 921943858 | 313 | $15,910 | 0.01% |
| 181 | PNC FINANCIAL SERVICES GROUP | 693475105 | 90 | $15,819 | 0.01% |