NPORT-EX 2 d460115d8k.htm SCHEDULE F HTML

Impact Shares

YWCA Women’s Empowerment ETF

Schedule of Investments

September 30, 2023 (Unaudited)

 

 

 

 

Description       Shares         Fair Value

COMMON STOCK — 100.1%

    

Communication Services— 7.3%

    

AT&T

     15,340      $ 230,407  

Comcast, Cl A

     9,049       401,233  

Interpublic Group

     835       23,931  

Lumen Technologies*

     2,045       2,904  

Match Group*

     586       22,956  

Meta Platforms, Cl A*

     4,872       1,462,623  

Omnicom Group

     440       32,771  

Verizon Communications

     9,215       298,658  

Walt Disney*

     4,011       325,092  
   

 

 

 

          2,800,575  
   

 

 

 

Consumer Discretionary— 10.8%

    

Amazon.com*

     14,824       1,884,427  

Aptiv PLC*

     913       90,013  

Best Buy

     635       44,113  

Deckers Outdoor*

     86       44,212  

DoorDash, Cl A*

     674       53,563  

eBay

     1,695       74,733  

Etsy*

     411       26,542  

Expedia Group*

     451       46,485  

General Motors

     4,418       145,661  

Hasbro

     434       28,705  

Lululemon Athletica*

     368       141,905  

McDonald’s

     2,321       611,444  

Starbucks

     3,648       332,953  

Target

     990       109,464  

TJX

     3,660       325,301  

VF

     723       12,775  

Williams-Sonoma

     205       31,857  

Yum! Brands

     893       111,571  
   

 

 

 

      4,115,724  
   

 

 

 

Consumer Staples— 7.3%

    

Archer-Daniels-Midland

     1,183       89,222  

Brown-Forman, Cl A

     141       8,192  

Brown-Forman, Cl B

     421       24,287  

Campbell Soup

     434       17,829  

Church & Dwight

     524       48,014  

Clorox

     265       34,731  

Coca-Cola

     8,552       478,741  

Colgate-Palmolive

     1,799       127,927  

Conagra Brands

     1,031       28,270  

Estee Lauder, Cl A

     499       72,130  

General Mills

     1,277       81,715  

Hershey

     316       63,225  

J M Smucker

     231       28,392  

Kellogg

     551       32,790  

Kimberly-Clark

     725       87,616  

Kraft Heinz

     1,710       57,525  

Kroger

     1,399       62,605  

Molson Coors Beverage, Cl B

     403       25,627  

Mondelez International, Cl A

     2,573       178,566  

PepsiCo

     3,018       511,370  

Procter & Gamble

     5,168       753,805  
   

 

 

 

      2,812,579  
   

 

 

 

Energy— 6.2%

    

Baker Hughes, Cl A

     2,303       81,342  

Chevron

     3,897       657,112  

ConocoPhillips

     2,635       315,673  

Exxon Mobil

     8,786       1,033,058  

Occidental Petroleum

     1,455       94,400  

Phillips 66

     1,020       122,553  
Description       Shares         Fair Value

Williams

     2,564      $ 86,381  
   

 

 

 

          2,390,519  
   

 

 

 

Financials— 13.5%

    

Allstate

     572       63,726  

American Express

     1,286       191,858  

American International Group

     1,603       97,142  

Ameriprise Financial

     229       75,497  

Bank of America

     15,018       411,193  

Bank of New York Mellon

     1,579       67,344  

BlackRock, Cl A

     309       199,765  

Capital One Financial

     821       79,678  

Citigroup

     4,159       171,060  

Fifth Third Bancorp

     1,475       37,362  

Goldman Sachs Group

     728       235,559  

Hartford Financial Services Group

     687       48,715  

Huntington Bancshares

     3,100       32,240  

JPMorgan Chase

     1,046       151,691  

KeyCorp

     2,007       21,595  

Lincoln National

     333       8,222  

Mastercard, Cl A

     1,824       722,140  

MetLife

     1,424       89,584  

Moody’s

     339       107,182  

Morgan Stanley

     2,837       231,698  

Northern Trust

     448       31,127  

PayPal Holdings*

     2,454       143,461  

Principal Financial Group

     491       35,386  

Progressive

     1,260       175,518  

Prudential Financial

     793       75,248  

Regions Financial

     2,011       34,589  

S&P Global

     717       261,999  

State Street

     789       52,831  

T Rowe Price Group

     479       50,233  

US Bancorp

     3,413       112,834  

Visa, Cl A

     3,513       808,025  

Wells Fargo

     8,148       332,927  
   

 

 

 

      5,157,429  
   

 

 

 

Health Care— 13.9%

    

AbbVie

     3,878       578,055  

Agilent Technologies

     637       71,230  

Amgen

     1,178       316,599  

Baxter International

     1,088       41,061  

Biogen*

     310       79,673  

BioMarin Pharmaceutical*

     400       35,392  

Bristol-Myers Squibb

     4,579       265,765  

Cardinal Health

     565       49,053  

Cencora, Cl A

     347       62,450  

Cigna Group

     658       188,234  

Elevance Health

     513       223,370  

Eli Lilly

     28       15,040  

Gilead Sciences

     2,702       202,488  

Johnson & Johnson

     5,279       822,204  

Merck

     5,562       572,608  

Pfizer

     12,377       410,545  

Regeneron Pharmaceuticals*

     231       190,104  

UnitedHealth Group

     2,030       1,023,506  

Vertex Pharmaceuticals*

     552       191,952  
   

 

 

 

      5,339,329  
   

 

 

 

Industrials— 9.3%

    

3M

     1,188       111,221  

Automatic Data Processing

     892       214,597  

Avis Budget Group*

     49       8,805  

Booz Allen Hamilton Holding, Cl A

     284       31,033  

Carrier Global

     1,761       97,207  

Caterpillar

     1,122       306,306  
 

Impact Shares

YWCA Women’s Empowerment ETF

Schedule of Investments

September 30, 2023 (Unaudited)

 

 

 

 

Description       Shares         Fair Value

Cummins

     316      $ 72,193  

Delta Air Lines

     1,377       50,949  

Eaton PLC

     856       182,568  

Emerson Electric

     1,274       123,030  

Fortive

     1,559       115,616  

General Electric

     2,348       259,571  

Honeywell International

     60       11,084  

Ingersoll Rand

     852       54,290  

Johnson Controls International PLC

     1,481       78,804  

Norfolk Southern

     498       98,071  

Owens Corning

     201       27,419  

Paychex

     675       77,848  

Pentair PLC

     355       22,986  

Republic Services, Cl A

     432       61,564  

Robert Half International

     234       17,148  

Rockwell Automation

     247       70,610  

Southwest Airlines

     1,273       34,460  

Stanley Black & Decker

     309       25,826  

Trane Technologies PLC

     485       98,411  

TransUnion

     414       29,721  

Uber Technologies*

     8,958       411,978  

Union Pacific

     1,323       269,403  

United Parcel Service, Cl B

     1,569       244,560  

Verisk Analytics, Cl A

     338       79,849  

Waste Management

     804       122,562  

WEX*

     188       35,361  

WW Grainger

     97       67,108  

Xylem

     528       48,064  
   

 

 

 

      3,560,223  
   

 

 

 

Information Technology— 26.6%

    

Accenture PLC, Cl A

     2,769       850,387  

Adobe*

     2,000       1,019,800  

ANSYS*

     385       114,557  

Apple

     10,642       1,822,017  

Autodesk*

     943       195,116  

HP

     3,848       98,893  

Intel

     18,389       653,729  

International Business Machines

     3,993       560,218  

Intuit

     1,228       627,434  

Keysight Technologies*

     782       103,467  

Motorola Solutions

     732       199,280  

NVIDIA

     3,152       1,371,088  

Okta, Cl A*

     680       55,427  

QUALCOMM

     4,892       543,306  

Salesforce*

     4,269       865,668  

ServiceNow*

     894       499,710  

Splunk*

     668       97,695  

TE Connectivity

     1,376       169,977  

VMware, Cl A*

     962       160,154  

Workday, Cl A*

     902       193,795  
   

 

 

 

      10,201,718  
   

 

 

 

Materials— 1.7%

    

Air Products and Chemicals

     477       135,182  

Alcoa

     371       10,781  

Avery Dennison

     263       48,042  

Celanese, Cl A

     215       26,987  

Dow

     1,514       78,062  

DuPont de Nemours

     1,071       79,886  

Ecolab

     533       90,290  

International Flavors & Fragrances

     548       37,357  

Newmont

     1,710       63,185  

PPG Industries

     505       65,549  
   

 

 

 

      635,321  
   

 

 

 

Description       Shares         Fair Value

Real Estate— 1.5%

    

Boston Properties‡

     300      $ 17,844  

CBRE Group, Cl A*

     679       50,151  

Equinix‡

     199       144,526  

Equity LifeStyle Properties‡

     376       23,955  

Essex Property Trust‡

     141       29,905  

Healthpeak Properties‡

     1,157       21,243  

Host Hotels & Resorts‡

     1,538       24,716  

Invitation Homes‡

     1,221       38,693  

Iron Mountain‡

     625       37,156  

Jones Lang LaSalle*

     102       14,400  

Mid-America Apartment Communities‡

     248       31,905  

Ventas‡

     860       36,232  

Welltower‡

     1,137       93,143  

Zillow Group, Cl A*

     121       5,420  

Zillow Group, Cl C*

     340       15,694  
   

 

 

 

      584,983  
   

 

 

 

Utilities— 2.0%

    

American Water Works

     391       48,417  

Avangrid

     157       4,737  

CenterPoint Energy

     1,351       36,274  

CMS Energy

     624       33,141  

Consolidated Edison

     764       65,345  

Dominion Energy

     1,792       80,049  

Edison International

     822       52,024  

Entergy

     476       44,030  

Exelon

     2,131       80,531  

NiSource

     872       21,521  

PG&E*

     4,584       73,940  

PPL

     1,581       37,248  

Public Service Enterprise Group

     1,050       59,755  

Sempra Energy

     1,351       91,909  

Vistra

     808       26,809  
   

 

 

 

      755,730  
   

 

 

 

Total Common Stock
  (Cost $37,212,711)

       38,354,130  
   

 

 

 

SHORT-TERM INVESTMENT — 0.1%

    

Invesco Government & Agency Portfolio, Cl Institutional, 5.262% (A)

     42,191       42,191  
   

 

 

 

Total Short-Term Investment
  (Cost $42,191)

       42,191  
   

 

 

 

Total Investments - 100.2%
  (Cost $37,254,902)

      $   38,396,321  
   

 

 

 

Percentages are based on Net Assets of $38,310,876.

 

*

Non-income producing security.

‡ 

Real Estate Investment Trust

(A)

Rate shown represents the 7-day effective yield as of September 30, 2023.

Cl — Class

PLC — Public Limited Company

IMP-QH-001-1100

 

Impact Shares

NAACP Minority Empowerment ETF

Schedule of Investments

September 30, 2023 (Unaudited)

 

 

 

 

Description       Shares         Fair Value  

COMMON STOCK — 93.8%

    

Communication Services— 11.1%

    

Alphabet, Cl A*

     8,975      $ 1,174,469  

Alphabet, Cl C*

     7,955       1,048,867  

AT&T

     14,591       219,157  

Electronic Arts

     538       64,775  

Interpublic Group

     810       23,215  

Lumen Technologies*

     1,955       2,776  

Meta Platforms, Cl A*

     4,611       1,384,268  

Verizon Communications

     8,601       278,758  
   

 

 

  
          4,196,285  
   

 

 

  

Consumer Discretionary— 9.0%

    

Amazon.com*

     9,966       1,266,878  

Aptiv PLC*

     458       45,154  

BorgWarner

     405       16,350  

Dollar Tree*

     355       37,790  

eBay

     917       40,430  

Ford Motor

     6,699       83,201  

General Motors

     2,409       79,425  

Hasbro

     223       14,749  

Lear

     100       13,420  

Lowe’s

     1,052       218,648  

MercadoLibre*

     77       97,627  

NIKE, Cl B

     2,137       204,340  

Phinia

     86       2,299  

Royal Caribbean Cruises*

     374       34,460  

Target

     778       86,023  

Tesla*

     4,567       1,142,755  

VF

     559       9,878  
   

 

 

  
      3,393,427  
   

 

 

  

Consumer Staples— 4.0%

    

Archer-Daniels-Midland

     929       70,065  

Bunge

     255       27,604  

Campbell Soup

     341       14,008  

Clorox

     210       27,523  

Coca-Cola

     6,592       369,020  

Constellation Brands, Cl A

     274       68,864  

Hormel Foods

     491       18,673  

J M Smucker

     180       22,124  

Kellogg

     434       25,827  

Kimberly-Clark

     572       69,126  

Kraft Heinz

     1,350       45,414  

Kroger

     1,104       49,404  

Molson Coors Beverage, Cl B

     318       20,222  

Mondelez International, Cl A

     2,312       160,453  

PepsiCo

     2,334       395,473  

Sysco

     859       56,737  

Tyson Foods, Cl A

     492       24,841  

US Foods Holding*

     354       14,054  

Walgreens Boots Alliance

     1,215       27,021  
   

 

 

  
      1,506,453  
   

 

 

  

Energy— 6.0%

    

Cheniere Energy

     421       69,869  

Chevron

     3,015       508,389  

ConocoPhillips

     2,112       253,018  

Devon Energy

     1,108       52,852  

Exxon Mobil

     6,973       819,885  

Hess

     470       71,910  

Kinder Morgan

     3,355       55,626  

Marathon Petroleum

     793       120,013  

ONEOK

     757       48,016  

Phillips 66

     800       96,120  
Description       Shares         Fair Value  

Range Resources

     73      $ 2,366  

Valero Energy

     652       92,395  

Williams

     2,064       69,536  
   

 

 

  
      2,259,995  
   

 

 

  

Financials— 10.2%

    

American Express

     1,014       151,279  

Aon PLC, Cl A

     352       114,125  

Bank of America

     11,819       323,604  

Bank of New York Mellon

     1,247       53,185  

Charles Schwab

     2,588       142,081  

Citigroup

     3,284       135,071  

Huntington Bancshares

     2,442       25,397  

JPMorgan Chase

     4,970       720,749  

Mastercard, Cl A

     1,439       569,714  

MetLife

     1,115       70,145  

Moody’s

     266       84,101  

Morgan Stanley

     2,233       182,369  

Nasdaq

     574       27,891  

PayPal Holdings*

     1,933       113,003  

PNC Financial Services Group

     684       83,975  

Regions Financial

     1,584       27,245  

S&P Global

     564       206,091  

Synchrony Financial

     763       23,325  

T Rowe Price Group

     378       39,641  

Travelers

     398       64,997  

Truist Financial

     2,248       64,315  

Visa, Cl A

     2,770       637,128  
   

 

 

  
      3,859,431  
   

 

 

  

Health Care— 13.1%

    

Abbott Laboratories

     2,954       286,095  

AbbVie

     2,993       446,137  

Agilent Technologies

     503       56,245  

Baxter International

     851       32,117  

Becton Dickinson

     484       125,128  

Biogen*

     244       62,710  

Boston Scientific*

     2,426       128,093  

Bristol-Myers Squibb

     3,598       208,828  

Cigna Group

     518       148,184  

CVS Health

     2,228       155,559  

Edwards Lifesciences*

     1,047       72,536  

Elevance Health

     411       178,958  

Fortrea Holdings*

     151       4,317  

Gilead Sciences

     2,121       158,948  

Illumina*

     268       36,791  

Johnson & Johnson

     4,423       688,882  

Laboratory Corp of America Holdings

     151       30,358  

Medtronic PLC

     2,247       176,075  

Merck

     4,287       441,347  

Pfizer

     9,482       314,518  

Quest Diagnostics

     193       23,519  

ResMed

     249       36,820  

Teleflex

     78       15,320  

Thermo Fisher Scientific

     664       336,097  

UnitedHealth Group

     1,584       798,637  
   

 

 

  
          4,962,219  
   

 

 

  

Industrials— 8.2%

    

3M

     935       87,535  

AECOM

     241       20,013  

American Airlines Group*

     1,104       14,142  

AMETEK

     390       57,626  

Automatic Data Processing

     702       168,887  

Boeing*

     949       181,904  

Booz Allen Hamilton Holding, Cl A

     223       24,367  
 

Impact Shares

NAACP Minority Empowerment ETF

Schedule of Investments

September 30, 2023 (Unaudited)

 

 

 

 

Description       Shares         Fair Value

CSX

     3,564     $ 109,593  

Cummins

     239       54,602  

Deere

     465       175,482  

Delta Air Lines

     1,089       40,293  

Eaton PLC

     674       143,751  

Emerson Electric

     1,002       96,763  

Expeditors International of Washington

     269       30,836  

FedEx

     407       107,822  

General Electric

     1,854       204,960  

Honeywell International

     1,140       210,603  

Howmet Aerospace

     624       28,860  

Illinois Tool Works

     473       108,937  

Jacobs Solutions

     219       29,894  

JB Hunt Transport Services

     140       26,393  

Johnson Controls International PLC

     1,190       63,320  

Lennox International

     56       20,969  

Lincoln Electric Holdings

     100       18,179  

Nordson

     91       20,308  

Northrop Grumman

     246       108,287  

Rockwell Automation

     195       55,745  

Southwest Airlines

     1,006       27,232  

Stanley Black & Decker

     251       20,978  

Textron

     352       27,505  

Uber Technologies*

     6,984       321,194  

Union Pacific

     1,041       211,979  

United Airlines Holdings*

     556       23,519  

United Parcel Service, Cl B

     1,239       193,123  

United Rentals

     119       52,904  

Xylem

     307       27,946  
   

 

 

 

      3,116,451  
   

 

 

 

Information Technology— 26.7%

    

Accenture PLC, Cl A

     2,204       676,870  

Apple

     11,547       1,976,962  

Cisco Systems

     14,353       771,617  

Dell Technologies, Cl C

     905       62,354  

HP

     3,094       79,516  

Intel

     14,437       513,235  

International Business Machines

     3,159       443,208  

Micron Technology

     3,796       258,242  

NVIDIA

     8,728       3,796,593  

Palo Alto Networks*

     1,021       239,363  

QUALCOMM

     3,916       434,911  

Salesforce*

     3,503       710,338  

Workday, Cl A*

     704       151,255  
   

 

 

 

        10,114,464  
   

 

 

 

Materials— 1.5%

    

Albemarle

     199       33,838  

Alcoa

     301       8,747  

CF Industries Holdings

     332       28,466  

DuPont de Nemours

     844       62,954  

Eastman Chemical

     204       15,651  

Ecolab

     419       70,979  

FMC

     215       14,399  

Freeport-McMoRan, Cl B

     2,424       90,391  

International Flavors & Fragrances

     432       29,449  

Martin Marietta Materials

     106       43,511  

Mosaic

     577       20,541  

Newmont

     1,345       49,698  

PPG Industries

     399       51,790  

Southern Copper

     147       11,067  

Vulcan Materials

     224       45,252  
   

 

 

 

      576,733  
   

 

 

 

Description       Shares         Fair Value

Real Estate— 1.3%

    

American Homes 4 Rent, Cl A‡

     520     $ 17,519  

AvalonBay Communities‡

     237       40,702  

Equinix‡

     158       114,749  

Equity Residential‡

     577       33,876  

Healthpeak Properties‡

     911       16,726  

Jones Lang LaSalle*

     81       11,436  

Prologis‡

     1,563       175,384  

Regency Centers‡

     259       15,395  

Welltower‡

     800       65,536  
   

 

 

 

      491,323  
   

 

 

 

Utilities— 2.7%

    

AES

     1,134       17,237  

Alliant Energy

     421       20,397  

American Electric Power

     881       66,269  

Avangrid

     119       3,590  

CMS Energy

     493       26,183  

Consolidated Edison

     600       51,318  

Dominion Energy

     1,411       63,029  

DTE Energy

     328       32,564  

Edison International

     649       41,075  

Eversource Energy

     591       34,367  

Exelon

     1,681       63,525  

FirstEnergy

     921       31,480  

NextEra Energy

     3,369       193,010  

NiSource

     689       17,005  

NRG Energy

     391       15,061  

PPL

     1,248       29,403  

Public Service Enterprise Group

     848       48,260  

Sempra Energy

     1,066       72,520  

Southern

     1,844       119,344  

WEC Energy Group

     535       43,094  

Xcel Energy

     929       53,157  
   

 

 

 

      1,041,888  
   

 

 

 

Total Common Stock
  (Cost $32,209,495)

         35,518,669  
   

 

 

 

SHORT-TERM INVESTMENT — 6.2%

    

Invesco Government & Agency Portfolio, Cl Institutional, 5.262% (A)

     2,336,836       2,336,836  
   

 

 

 

Total Short-Term Investment
  (Cost $2,336,836)

       2,336,836  
   

 

 

 

Total Investments - 100.0%
  (Cost $34,546,331)

      $   37,855,505  
   

 

 

 

Percentages are based on Net Assets of $37,871,974.

 

*

Non-income producing security.

‡ 

Real Estate Investment Trust

(A)

Rate shown represents the 7-day effective yield as of September 30, 2023.

Cl — Class

PLC — Public Limited Company

IMP-QH-001-1100

 

Impact Shares

Affordable Housing MBS ETF

Schedule of Investments

September 30, 2023 (Unaudited)

 

 

 

 

Description  

Face

Amount/Shares

   Fair Value

MORTGAGE-BACKED SECURITIES — 98.8%

 

Agency Mortgage-Backed Obligations — 98.8%

 

FHLMC

        

6.000%, 12/01/2023 to 06/01/2053

     $ 1,276,613     $ 1,263,013

5.500%, 02/01/2029 to 09/01/2053

       1,739,538       1,685,540

5.000%, 03/01/2050 to 09/01/2053

       1,997,252       1,888,933

4.500%, 09/01/2052 to 05/01/2053

       1,639,945       1,506,890

4.000%, 10/01/2037 to 11/01/2052

       2,195,209       2,001,605

3.500%, 10/01/2051 to 08/01/2052

       5,085,435       4,383,758

3.000%, 09/01/2034 to 08/01/2052

       9,455,099       7,933,821

2.500%, 08/01/2051 to 03/01/2052

       9,091,902       7,241,604

2.000%, 08/01/2036 to 01/01/2052

       13,745,247       10,757,684

1.500%,08/01/2036

       403,043       337,935

FNMA

        

6.500%,08/01/2053

       632,229       635,283

6.000%, 11/01/2052 to 09/01/2053

       1,407,506       1,391,659

5.500%, 04/01/2031 to 10/01/2053

       4,521,099       4,375,947

5.000%, 12/01/2048 to 10/01/2053

       5,340,974       5,047,388

4.500%, 11/01/2052 to 09/01/2053

       5,948,269       5,463,613

4.000%, 03/01/2049 to 09/01/2053

       8,977,635       8,002,255

3.500%, 06/01/2028 to 06/01/2052

       6,697,994       5,876,310

3.000%, 04/01/2025 to 08/01/2052

       6,030,944       5,070,289

2.500%, 05/01/2026 to 04/01/2052

       15,419,068       12,582,398

2.000%, 04/01/2036 to 02/01/2052

       18,965,442       14,692,278

1.500%, 10/01/2036

       482,318       404,429

GNMA

        

5.000%,03/20/2050

       127,891       123,270

4.500%,02/20/2050

       363,182       340,256

4.000%, 10/20/2050 to 01/20/2051

       143,131       130,405

3.500%,12/20/2050

       1,756,896       1,548,082

3.000%,03/20/2050

       2,162,695       1,844,804

2.500%,08/20/2051

       1,176,937       958,457
       

 

 

 

Total Mortgage-Backed Securities
  (Cost $125,021,488)

           107,487,906
       

 

 

 

SHORT-TERM INVESTMENT — 1.8%

 

Morgan Stanley Institutional Liquidity Fund, Government Portfolio Institutional Class, 5.110% (A)

       2,013,229       2,013,229
       

 

 

 

Total Short-Term Investment
  (Cost $2,013,229)

           2,013,229
       

 

 

 

Total Investments - 100.6%
  (Cost $127,034,717)

          $   109,501,135
       

 

 

 

Percentages are based on Net Assets of $108,859,415.

 

(A)

Rate shown represents the 7-day effective yield as of September 30, 2023.

FHLMC — Federal Home Loan Mortgage Corporation

FNMA — Federal National Mortgage Association

GNMA — Government National Mortgage Association

IMP-QH-001-1100