WBI BullBear Value 3000 ETF

Schedule of Investments

September 30, 2021 (Unaudited)

Shares		Security Description	Value
		COMMON STOCKS - 93.3%
		Banks - 9.2%
	52,879	Synovus Financial Corp.	$	2,320,859
	36,094	US Bancorp		2,145,428
				4,466,287
		Capital Goods - 12.2%
	15,533	Allegion PLC - ADR(c)		2,053,152
	5,751	Deere & Co. +		1,926,987
	7,053	Parker-Hannifin Corp.		1,972,160
				5,952,299
		Commercial & Professional Services - 4.1%
	13,412	Waste Management, Inc.		2,003,216
		Consumer Services - 3.0%
	13,260	Starbucks Corp.		1,462,711
		Diversified Financials - 8.9%
	11,936	Capital One Financial Corp.		1,933,274
	109,133	FS KKR Capital Corp.		2,405,291
				4,338,565
		Food & Staples Retailing - 4.2%
	14,682	Walmart, Inc.		2,046,377
		Food, Beverage & Tobacco - 8.3%
	13,115	PepsiCo, Inc.		1,972,627
	26,471	Tyson Foods, Inc. - Class A		2,089,621
				4,062,248
		Health Care Equipment & Services - 4.8%
	19,501	AmerisourceBergen Corp.		2,329,394
		Household & Personal Products - 1.6%
	5,476	Procter & Gamble Company		765,545
		Insurance - 6.5%
	8,049	Hartford Financial Services Group, Inc.		565,442
	3,230	Marsh & McLennan Companies, Inc.		489,119
	34,096	MetLife, Inc.		2,104,746
				3,159,307
		Materials - 2.0%
	21,327	CRH PLC - ADR(c)		996,824
		Media & Entertainment - 5.8%
	4,380	Facebook, Inc. *		1,486,528
	2,199	Netflix, Inc. *		1,342,138
				2,828,666
		Retailing - 11.6%
	664	Amazon.com, Inc. *		2,181,266
	43,387	Kohl’s Corp.		2,043,094
	13,120	Ross Stores, Inc.		1,428,112
				5,652,472
		Semiconductors & Semiconductor Equipment - 5.6%
	2,685	Broadcom, Inc.		1,302,037
	20,477	Micron Technology, Inc.		1,453,458
				2,755,495
		Software & Services - 5.5%
	5,061	Microsoft Corp.		1,426,797
	937	Shopify, Inc. - ADR,*(c)		1,270,366
				2,697,163
		TOTAL COMMON STOCKS (Cost $46,099,625)		45,516,569

Shares/Amount		Security Description	Value
		SHORT TERM INVESTMENTS - 5.0%
	2,422,159	U.S. Bank Money Market Deposit Account, 0.00% (d)		2,422,159
		TOTAL SHORT TERM INVESTMENTS (Cost $2,422,159)		2,422,159
		INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 4.0%
	1,955,754	Mount Vernon Liquid Assets Portfolio, LLC, 0.09% (a)(b)		1,955,754
		TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $1,955,754)		1,955,754
		TOTAL INVESTMENTS - 102.3% (Cost $50,477,538)		49,894,482
		Liabilities in Excess of Other Assets - (2.3)%		(1,099,692	)
		NET ASSETS - 100.0%	$	48,794,790

PLC Public Limited Company

ADR American Depository Receipt

* Non-income producing security.

+ All or portion of this security is on loan as of September 30, 2021. Total value of securities on loan is $1,830,487.

(a) The rate quoted is the annualized seven-day yield as of September 30, 2021.

(b) Privately offered liquidity fund.

(c) Foreign issued security. Foreign concentration is as follows: Ireland: 6.25%, Canada: 2.60%.

(d) Rounded to 0.00

The Global Industry Classification Standard (GICS^®) was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor Financial Services LLC (“S&P”). GICS is a service mark of MSCI and S&P and has been licensed for use by U.S. Bancorp Fund Services, LLC.

The accompanying notes are an integral part of these schedules of investments.