Sound Equity Dividend Income ETF

Schedule of Investments

August 31, 2025 (Unaudited)

COMMON STOCKS - 99.4%	Shares		Value
Banking - 14.4%
Citigroup, Inc.		15,870	$	1,532,566
Citizens Financial Group, Inc.		20,332		1,062,957
M&T Bank Corp.		4,520		911,503
Provident Financial Services, Inc.		43,728		867,564
				4,374,590
Consumer Discretionary Products - 5.0%
Hasbro, Inc.		10,626		862,512
Scotts Miracle-Gro Co.		10,713		655,850
				1,518,362
Consumer Discretionary Services - 1.8%
Wendy's Co.		51,168		542,892
Consumer Staple Products - 9.8%
Kraft Heinz Co.		23,393		654,302
PepsiCo, Inc.		5,033		748,156
Perrigo Co. PLC		47,995		1,139,401
Reckitt Benckiser Group PLC - ADR		28,099		422,890
				2,964,749
Financial Services - 3.0%
Franklin Resources, Inc.		34,733		891,249
Health Care - 8.9%
AbbVie, Inc.		3,637		765,225
GSK PLC - ADR		25,531		1,012,815
Pfizer, Inc.		36,760		910,177
				2,688,217
Industrial Services - 3.2%
United Parcel Service, Inc. - Class B		10,988		960,791
Insurance - 5.8%
Corebridge Financial, Inc.		24,255		843,346
Principal Financial Group, Inc.		11,392		917,170
				1,760,516
Materials - 10.9%
Dow, Inc.		19,047		469,128
Greif, Inc. - Class B		15,327		1,046,527
LyondellBasell Industries NV - Class A		13,903		783,434

Sonoco Products Co.	21,537		1,017,623
			3,316,712
Media - 5.3%
Interpublic Group of Cos., Inc.	28,658		769,181
Omnicom Group, Inc.	10,844		849,410
			1,618,591
Oil & Gas - 14.9%
Enbridge, Inc.	31,326		1,514,299
HF Sinclair Corp.	17,801		905,715
ONEOK, Inc.	10,577		807,871
TotalEnergies SE - ADR	12,727		798,619
Valero Energy Corp.	3,248		493,729
			4,520,233
Software & Tech Services - 2.4%
International Business Machines Corp.	3,035		738,992
Tech Hardware & Semiconductors - 3.7%
Cisco Systems, Inc.	16,270		1,124,094
Telecommunications - 3.8%
AT&T, Inc.	39,172		1,147,348
Utilities - 6.5%
Evergy, Inc.	11,923		849,633
Eversource Energy	17,652		1,130,964
			1,980,597
TOTAL COMMON STOCKS (Cost $27,775,299)			30,147,933
SHORT-TERM INVESTMENTS - 0.0%(a)
Money Market Funds - 0.0%(a)
First American Government Obligations Fund - Class X, 4.22%(b)	10,547		10,547
TOTAL SHORT-TERM INVESTMENTS (Cost $10,547)			10,547
TOTAL INVESTMENTS - 99.4% (Cost $27,785,846)		$	30,158,480
Other Assets in Excess of Liabilities - 0.6%			169,435
TOTAL NET ASSETS - 100.0%		$	30,327,915

Percentages are stated as a percent of net assets.

ADR	American Depositary Receipt
PLC	Public Limited Company

(a)	Does not round to 0.1% or (0.1)%, as applicable.
(b)	The rate shown represents the 7-day annualized effective yield as of August 31, 2025.