0000709428-23-000003.txt : 20230208 0000709428-23-000003.hdr.sgml : 20230208 20230207174202 ACCESSION NUMBER: 0000709428-23-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20221231 FILED AS OF DATE: 20230208 DATE AS OF CHANGE: 20230207 EFFECTIVENESS DATE: 20230208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COZAD ASSET MANAGEMENT INC CENTRAL INDEX KEY: 0000709428 IRS NUMBER: 370958133 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-18895 FILM NUMBER: 23596291 BUSINESS ADDRESS: STREET 1: 2501 GALEN DRIVE STREET 2: P.O. BOX 3669 CITY: CHAMPAIGN STATE: IL ZIP: 61821 BUSINESS PHONE: 2173568363 MAIL ADDRESS: STREET 1: 2501 GALEN DRIVE STREET 2: P.O. BOX 3669 CITY: CHAMPAIGN STATE: IL ZIP: 61821 FORMER COMPANY: FORMER CONFORMED NAME: COZAD FINANCIAL PLANNING CORP /ADV DATE OF NAME CHANGE: 19910401 FORMER COMPANY: FORMER CONFORMED NAME: COZAD ASSET MANAGEMENT INC /ADV DATE OF NAME CHANGE: 19821118 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false true false 0000709428 XXXXXXXX 12-31-2022 12-31-2022 COZAD ASSET MANAGEMENT INC

2501 GALEN DRIVE P.O. BOX 3669 CHAMPAIGN IL 61821

13F HOLDINGS REPORT 028-18895 N S. Craig Kiddoo 2173568363 S. Craig Kiddoo, COO Champaign IL 02-07-2023 0 371 711508426 false INFORMATION TABLE 2 13_F_Report_Q4_2022_Final.xml Eaton Vance Municipal Income TR COM 27826u108 163684 16584 SH SOLE 0 0 16584 First Trust Managed Municipal ETF COM 33739n108 364851 7281 SH SOLE 0 0 7281 iShares National Muni Bond ETF COM 464288414 354020 3355 SH SOLE 0 0 3355 First Trust Senior Loan Fund ETF COM 33738d309 546731 12261 SH SOLE 0 0 12261 Invesco BulletShares 2024 Corp Bond ETF COM 46138j841 571288 27888 SH SOLE 0 0 27888 Invesco BulletShares 2025 Corp Bond ETF COM 46138j825 435689 21633 SH SOLE 0 0 21633 JPMorgan Ultra-Short Income ETF COM 46641q837 2202963 43945 SH SOLE 0 0 43945 First Tr TCW Opportunistic Fixed Inc ETF COM 33740f805 1211885 27593 SH SOLE 0 0 27593 IShares TR Core 1-5yr Bond ETF COM 46432f859 1020287 21970 SH SOLE 0 0 21970 Invesco Actively Mgd ETF COM 46090a804 392672 8450 SH SOLE 0 0 8450 Gerdau SA ADR COM 373737105 209742 37928 SH SOLE 0 0 37928 AB Volvo ADR COM 928854108 208055 11533 SH SOLE 0 0 11533 First Trust Water ETF COM 33733b100 206177 2598 SH SOLE 0 0 2598 Amazon.Com Inc. COM 023135106 8131536 96804 SH SOLE 0 0 96804 AutoZone, Inc. COM 053332102 488304 198 SH SOLE 0 0 198 Best Buy Company, Inc. COM 086516101 1302530 16239 SH SOLE 0 0 16239 Chipotle Mexican Grill, A COM 169656105 6591965 4751 SH SOLE 0 0 4751 Choice Hotels Internat'l., Inc. COM 169905106 428032 3800 SH SOLE 0 0 3800 Garmin Ltd. COM h2906t109 2202224 23862 SH SOLE 0 0 23862 Genuine Parts Co. COM 372460105 2164884 12477 SH SOLE 0 0 12477 Grupo Aeroportuario del Pacifico ADR COM 400506101 213126 1482 SH SOLE 0 0 1482 Home Depot, Inc. COM 437076102 8687249 27503 SH SOLE 0 0 27503 Isuzu Motors Ltd. COM 465254209 137764 11866 SH SOLE 0 0 11866 Lowe's Cos COM 548661107 2144221 10762 SH SOLE 0 0 10762 McDonalds Corp. COM 580135101 2293466 8703 SH SOLE 0 0 8703 Nike, Inc. COM 654106103 277782 2374 SH SOLE 0 0 2374 Starbucks Corp. COM 855244109 537403 5417 SH SOLE 0 0 5417 Target Corp. COM 87612E106 280791 1884 SH SOLE 0 0 1884 Tesla Motors Inc. COM 88160r101 789337 6408 SH SOLE 0 0 6408 Unilever PLC ADR COM 904767704 619657 12307 SH SOLE 0 0 12307 W D 40 Co. COM 929236107 240042 1489 SH SOLE 0 0 1489 Yum Brands, Inc. COM 988498101 300860 2349 SH SOLE 0 0 2349 Altria Group, Inc. COM 02209S103 769299 16830 SH SOLE 0 0 16830 Anheuser Busch Co. COM 03524a108 297979 4963 SH SOLE 0 0 4963 Archer Daniels Midland COM 039483102 12663429 136386 SH SOLE 0 0 136386 British American Tobacco ADR COM 110448107 208496 5215 SH SOLE 0 0 5215 Cal-Maine Foods, Inc. COM 128030202 1191475 21882 SH SOLE 0 0 21882 Coca Cola COM 191216100 3383607 53193 SH SOLE 0 0 53193 Coca Cola European Partners PLC COM g25839104 352222 6367 SH SOLE 0 0 6367 Colgate Palmolive Co. COM 194162103 574931 7297 SH SOLE 0 0 7297 Constellation Brands, Inc. COM 21036p108 544381 2349 SH SOLE 0 0 2349 Costco Wholesale Corp. COM 22160K105 8989398 19692 SH SOLE 0 0 19692 Diageo PLC ADR COM 25243Q205 345510 1939 SH SOLE 0 0 1939 Estee Lauder Co. COM 518439104 1015514 4093 SH SOLE 0 0 4093 Flowers Foods, Inc. COM 343498101 1266830 44079 SH SOLE 0 0 44079 General Mills COM 370334104 2097025 25009 SH SOLE 0 0 25009 Hormel Foods Corp. COM 440452100 248248 5450 SH SOLE 0 0 5450 Kimberly Clark Corp COM 494368103 1729998 12744 SH SOLE 0 0 12744 Kraft Heinz Co. COM 500754106 1933481 47494 SH SOLE 0 0 47494 Mondelez International, Inc. COM 609207105 826793 12405 SH SOLE 0 0 12405 Monster Beverage Corp. COM 61174x109 240626 2370 SH SOLE 0 0 2370 Mowi ASA ADR COM 624678108 229021 13456 SH SOLE 0 0 13456 Nestle SA ADR COM 641069406 246943 2141 SH SOLE 0 0 2141 PepsiCo Inc COM 713448108 3322424 18390 SH SOLE 0 0 18390 Philip Morris Internat'l. COM 718172109 1548220 15297 SH SOLE 0 0 15297 Procter and Gamble COM 742718109 2259185 14906 SH SOLE 0 0 14906 Wal-Mart Stores COM 931142103 1443280 10179 SH SOLE 0 0 10179 Walgreen Boots Alliance Inc. COM 931427108 388021 10386 SH SOLE 0 0 10386 BP Amoco PLC ADR COM 055622104 1052301 30126 SH SOLE 0 0 30126 Cheniere Energy, Inc COM 16411r208 8236253 54923 SH SOLE 0 0 54923 Chevron Corp. COM 166764100 1077974 6006 SH SOLE 0 0 6006 ConocoPhillips COM 20825C104 714726 6057 SH SOLE 0 0 6057 Devon Energy Corp. COM 25179M103 7290042 118518 SH SOLE 0 0 118518 Enbridge Inc. COM 29250n105 2786410 71335 SH SOLE 0 0 71335 Energy Select Sector SPDR ETF COM 81369y506 712881 8150 SH SOLE 0 0 8150 Exxon Mobil Corp. COM 30231G102 1529420 13866 SH SOLE 0 0 13866 Halliburton Co. COM 406216101 204620 5200 SH SOLE 0 0 5200 Marathon Petroleum Corp. COM 56585a102 510254 4384 SH SOLE 0 0 4384 Murphy Oil Corp. COM 626717102 1664745 38706 SH SOLE 0 0 38706 Shell PLC ADR COM 780259305 413913 7268 SH SOLE 0 0 7268 Total Energies SE COM 89151e109 229696 3700 SH SOLE 0 0 3700 Williams Companies COM 969457100 2483753 75494 SH SOLE 0 0 75494 AFLAC, Inc. COM 001055102 1079694 15008 SH SOLE 0 0 15008 Allstate Corp. COM 020002101 910418 6714 SH SOLE 0 0 6714 American Express COM 025816109 214238 1450 SH SOLE 0 0 1450 Bank of America COM 060505104 324675 9803 SH SOLE 0 0 9803 Bank of Montreal COM 063671101 300520 3317 SH SOLE 0 0 3317 Barings BDC, Inc. COM 06759l103 113073 13874 SH SOLE 0 0 13874 Berkshire Hathaway, Cl. A COM 084670108 468711 1 SH SOLE 0 0 1 Berkshire Hathaway, Cl. B COM 084670702 4194862 13580 SH SOLE 0 0 13580 Blackstone Group Inc. Cl. A COM 09260d107 7141417 96258 SH SOLE 0 0 96258 Canadian Imperial Bank of Commerce COM 136069101 216367 5349 SH SOLE 0 0 5349 Charles Schwab Corp. COM 808513105 770517 9254 SH SOLE 0 0 9254 Citigroup COM 172967424 1816437 40160 SH SOLE 0 0 40160 Citizens Financial Group COM 174610105 2286309 58072 SH SOLE 0 0 58072 Discover Financial Services, Inc. COM 254709108 233912 2391 SH SOLE 0 0 2391 Fidelity National Financial, Inc. COM 31620R303 1127923 29982 SH SOLE 0 0 29982 Fifth Third Bancorp COM 316773100 1113539 33939 SH SOLE 0 0 33939 Financial Select Sector SPDR ETF COM 81369y605 208073 6084 SH SOLE 0 0 6084 First Busey Corp. COM 319383204 1612074 65213 SH SOLE 0 0 65213 Gallagher, Arthur J & Co. COM 363576109 294122 1560 SH SOLE 0 0 1560 Huntington Bancshares COM 446150104 174840 12400 SH SOLE 0 0 12400 Intercontinental Exchange Group COM 45866f104 6702923 65337 SH SOLE 0 0 65337 J.P. Morgan Chase & Co. COM 46625H100 1331077 9926 SH SOLE 0 0 9926 Mitsubishi UFJ Fin'l. Grp. ADR COM 606816104 181 12083 SH SOLE 0 0 12083 Mitsubishi UFJ Fin'l. Grp. ADR COM 606822104 127330 19090 SH SOLE 0 0 19090 Moody's Corp. COM 615369105 674260 2420 SH SOLE 0 0 2420 Morgan Stanley COM 617446448 245963 2893 SH SOLE 0 0 2893 Old Republic Nat'l. Corp. COM 680223104 1709096 70770 SH SOLE 0 0 70770 PNC Financial Svcs. COM 693475105 224275 1420 SH SOLE 0 0 1420 PacWest Bancorp COM 695263103 225713 9835 SH SOLE 0 0 9835 Ping An Insurance Company of China ADR COM 72341e304 209545 15935 SH SOLE 0 0 15935 Prudential Financial, Inc. COM 744320102 203893 2050 SH SOLE 0 0 2050 Regions Financial Corp. COM 7591ep100 2915214 135214 SH SOLE 0 0 135214 S&P Global, Inc. COM 78409v104 3302508 9860 SH SOLE 0 0 9860 State Street Corp. COM 857477103 542990 7000 SH SOLE 0 0 7000 Sun Life Financial, Inc. COM 866796105 298341 6427 SH SOLE 0 0 6427 Swiss Re Ltd. COM 870886108 234577 9982 SH SOLE 0 0 9982 Travelers Companies Inc. COM 89417E109 523097 2790 SH SOLE 0 0 2790 Tri-Continental Corp. COM 895436103 233340 9104 SH SOLE 0 0 9104 Truist Financial Corp. COM 89832q109 270228 6280 SH SOLE 0 0 6280 UBS Group AG COM h42097107 193477 10363 SH SOLE 0 0 10363 Umpqua Holdings Corp. COM 904214103 1409739 78977 SH SOLE 0 0 78977 Valley National Bancorp COM 919794107 1733676 153287 SH SOLE 0 0 153287 AbbVie, Inc. COM 00287y109 3159197 19548 SH SOLE 0 0 19548 Abbott Laboratories COM 002824100 1785625 16264 SH SOLE 0 0 16264 Amgen, Inc. COM 031162100 401577 1529 SH SOLE 0 0 1529 AstraZeneca PLC ADR COM 046353108 1147244 16921 SH SOLE 0 0 16921 Becton Dickinson & Co. COM 075887109 693476 2727 SH SOLE 0 0 2727 Bristol-Myers Squibb COM 110122108 705830 9810 SH SOLE 0 0 9810 CIGNA Corp. COM 125523100 1386327 4184 SH SOLE 0 0 4184 CVS Health Corp. COM 126650100 10298800 110514 SH SOLE 0 0 110514 Cardinal Health COM 14149y108 2317938 30154 SH SOLE 0 0 30154 Danaher Corp. COM 235851102 603831 2275 SH SOLE 0 0 2275 Elevance Health COM 036752103 1459343 2845 SH SOLE 0 0 2845 First Trust NYSE Arca Biotech ETF COM 33733e203 369141 2395 SH SOLE 0 0 2395 Gilead Sciences Inc. COM 375558103 8643098 100677 SH SOLE 0 0 100677 GlaxoSmithKline PLC COM 37733w204 338012 9619 SH SOLE 0 0 9619 HCA Healthcare Co. COM 40412c101 8644799 36026 SH SOLE 0 0 36026 Health Care Select Sector SPDR ETF COM 81369y209 430237 3167 SH SOLE 0 0 3167 Hologic, Inc. COM 436440101 1131875 15130 SH SOLE 0 0 15130 IShares US Healthcare ETF COM 464287762 670974 2365 SH SOLE 0 0 2365 Johnson & Johnson COM 478160104 2773581 15701 SH SOLE 0 0 15701 Laboratory Corp. Am. Hldgs. COM 50540r409 362404 1539 SH SOLE 0 0 1539 Lilly (Eli) COM 532457108 1251122 3420 SH SOLE 0 0 3420 Medifast, Inc. COM 58470h101 702712 6092 SH SOLE 0 0 6092 Merck & Co Inc. COM 58933y105 5266083 47464 SH SOLE 0 0 47464 Meridian Bioscience, Inc. COM 589584101 269997 8130 SH SOLE 0 0 8130 Microport Scientific Corp. COM g60837104 1337376 504670 SH SOLE 0 0 504670 Moderna Inc. COM 60770k107 309845 1725 SH SOLE 0 0 1725 Novartis AG ADR COM 66987v109 342740 3778 SH SOLE 0 0 3778 Novo Nordisk A.S. ADR COM 670100205 702144 5188 SH SOLE 0 0 5188 Pfizer, Inc. COM 717081103 4037610 78798 SH SOLE 0 0 78798 Quest Diagnostics COM 74834L100 2522751 16126 SH SOLE 0 0 16126 Regeneron Pharmaceuticals COM 75886f107 5783464 8016 SH SOLE 0 0 8016 Stryker Corporation COM 863667101 236422 967 SH SOLE 0 0 967 Takeda Pharmaceutical Co. COM 874060205 200788 12871 SH SOLE 0 0 12871 Thermo Fisher Scientific, Inc. COM 883556102 9900305 17978 SH SOLE 0 0 17978 UnitedHealth Group COM 91324p102 7698744 14521 SH SOLE 0 0 14521 Vanguard World Health Care ETF COM 92204a504 2594851 10461 SH SOLE 0 0 10461 Vertex Pharmaceutical COM 92532F100 269143 932 SH SOLE 0 0 932 3M Company COM 88579y101 450899 3760 SH SOLE 0 0 3760 ABB Ltd. Sponsored ADR COM 000375204 230125 7555 SH SOLE 0 0 7555 Boeing Company COM 097023105 204015 1071 SH SOLE 0 0 1071 CSX Corp. COM 126408103 232629 7509 SH SOLE 0 0 7509 Caterpillar Inc. COM 149123101 1494300 6238 SH SOLE 0 0 6238 Cummins Engine Inc. COM 231021106 915372 3778 SH SOLE 0 0 3778 Deere & Co. COM 244199105 7871605 18359 SH SOLE 0 0 18359 Eaton Corp., PLC COM g29183103 942956 6008 SH SOLE 0 0 6008 Emerson Electric Co. COM 291011104 371775 3870 SH SOLE 0 0 3870 General Dynamics COM 369550108 215111 867 SH SOLE 0 0 867 H&E Equipment Services, Inc. COM 404030108 1946116 42866 SH SOLE 0 0 42866 Illinois Tool Works COM 452308109 881331 4001 SH SOLE 0 0 4001 Industrial Select Sector SPDR ETF COM 81369y704 377814 3847 SH SOLE 0 0 3847 Jacobs Solutions, Inc. COM 46982l108 2514266 20940 SH SOLE 0 0 20940 Knight-Swift Transportation Holdings, Inc. COM 499049104 208068 3970 SH SOLE 0 0 3970 Lockheed Martin Corp. COM 539830109 441246 907 SH SOLE 0 0 907 Masco Corp. COM 574599106 305128 6538 SH SOLE 0 0 6538 Norfolk Southern Corp. COM 655844108 372341 1511 SH SOLE 0 0 1511 Northrop Grumman COM 666807102 326820 599 SH SOLE 0 0 599 Oshkosh Corp. COM 688239201 220475 2500 SH SOLE 0 0 2500 Owens Corning COM 690742101 3973018 46577 SH SOLE 0 0 46577 Quanta Services, Inc. COM 74762e102 2850713 20005 SH SOLE 0 0 20005 RPM Inc. Ohio COM 749685103 3255426 33406 SH SOLE 0 0 33406 Raytheon Technologies Corp. COM 75513e101 475333 4710 SH SOLE 0 0 4710 Saia, Inc. COM 78709Y105 431941 2060 SH SOLE 0 0 2060 Snap-on Incorporated COM 833034101 1611997 7055 SH SOLE 0 0 7055 Timken Co. COM 887389104 2640373 37362 SH SOLE 0 0 37362 Union Pacific Corp. COM 907818108 1465849 7079 SH SOLE 0 0 7079 United Parcel Service, Inc. COM 911312106 396355 2280 SH SOLE 0 0 2280 United Rentals, Inc. COM 911363109 9121499 25664 SH SOLE 0 0 25664 Waste Management, Inc. COM 94106L109 492603 3140 SH SOLE 0 0 3140 WillScot Mobile Mini Hldgs Corp, Cl. A COM 971378104 801722 17749 SH SOLE 0 0 17749 American Tower Corp. COM 03027x100 4207963 19862 SH SOLE 0 0 19862 Apartment Income REIT Corp. COM 03750l109 946819 27596 SH SOLE 0 0 27596 Apartment Invt. & Mgmt Co. (AIMCO) COM 03748r747 196484 27596 SH SOLE 0 0 27596 Digital Realty Trust Inc. COM 253868103 1708601 17040 SH SOLE 0 0 17040 Essex Property Trust COM 297178105 941772 4444 SH SOLE 0 0 4444 IShares Cohen & Steers REIT ETF COM 464287564 269374 4912 SH SOLE 0 0 4912 IShares Residential Real Estate Capped ETF COM 464288562 468949 6862 SH SOLE 0 0 6862 Realty Income Corp. COM 756109104 1880255 29643 SH SOLE 0 0 29643 Vanguard REIT ETF COM 922908553 534182 6477 SH SOLE 0 0 6477 W. P. Carey Inc. COM 92936u109 3740313 47861 SH SOLE 0 0 47861 Accenture, Ltd. COM g1151c101 220677 827 SH SOLE 0 0 827 Adobe Systems, Inc. COM 00724F101 319367 949 SH SOLE 0 0 949 Advanced Micro Devices COM 007903107 724712 11189 SH SOLE 0 0 11189 Analog Devices Inc. COM 032654105 221441 1350 SH SOLE 0 0 1350 Apple Inc. COM 037833100 22468497 172928 SH SOLE 0 0 172928 Applied Materials COM 038222105 311226 3196 SH SOLE 0 0 3196 Automatic Data Processing COM 053015103 1340960 5614 SH SOLE 0 0 5614 Avnet Inc. COM 053807103 1481329 35626 SH SOLE 0 0 35626 Broadcom Inc. COM 11135f101 10447903 18686 SH SOLE 0 0 18686 Cisco Systems COM 17275r102 997725 20943 SH SOLE 0 0 20943 Debt Resolve Inc. COM 24276r206 100 100000 SH SOLE 0 0 100000 Fidelity National Information Services COM 31620m106 300440 4428 SH SOLE 0 0 4428 First Solar, Inc. COM 336433107 489514 3268 SH SOLE 0 0 3268 Fiserv, Inc. COM 337738108 6664152 65936 SH SOLE 0 0 65936 Global Payments Inc. COM 37940x102 1410841 14205 SH SOLE 0 0 14205 Hewlett Packard Enterprise Co. COM 42824c109 1922063 120430 SH SOLE 0 0 120430 Honeywell Internat'l. COM 438516106 522678 2439 SH SOLE 0 0 2439 I.B.M. COM 459200101 1014267 7199 SH SOLE 0 0 7199 Infosys Technologies, Ltd. COM 456788108 328863 18260 SH SOLE 0 0 18260 Intel Corp. COM 458140100 505616 19130 SH SOLE 0 0 19130 Invesco QQQ Tr Unit Ser. 1 ETF COM 46090e103 2343467 8801 SH SOLE 0 0 8801 Jabil Circuit, Inc. COM 466313103 2320846 34030 SH SOLE 0 0 34030 L3Harris Technologies COM 502431109 291494 1400 SH SOLE 0 0 1400 LAM Research Corp. COM 512807108 6718916 15986 SH SOLE 0 0 15986 Leidos Holdings, Inc. COM 525327102 2881890 27397 SH SOLE 0 0 27397 Logitech Internat'l. SA COM H50430232 403629 6484 SH SOLE 0 0 6484 MasterCard, Inc. COM 57636q104 8300315 23870 SH SOLE 0 0 23870 Microchip Technology, Inc. COM 595017104 8017236 114124 SH SOLE 0 0 114124 Micron Technology, Inc. COM 595112103 2226959 44557 SH SOLE 0 0 44557 Microsoft Corporation COM 594918104 13005871 54232 SH SOLE 0 0 54232 Motorola Solutions, Inc. COM 620076307 204106 792 SH SOLE 0 0 792 Nvidia Corp. COM 67066g104 8410557 57551 SH SOLE 0 0 57551 Oracle Corp COM 68389X105 933716 11423 SH SOLE 0 0 11423 PayChex Inc. COM 704326107 2792623 24166 SH SOLE 0 0 24166 Qualcomm Inc. COM 747525103 1534213 13955 SH SOLE 0 0 13955 Salesforce.com COM 79466l302 1872038 14119 SH SOLE 0 0 14119 Siemens AG ADR COM 826197501 251015 3649 SH SOLE 0 0 3649 Taiwan Semiconductor Mfg. Co. Ltd. COM 874039100 750710 10078 SH SOLE 0 0 10078 Technology Select Sector SPDR ETF COM 81369y803 354903 2852 SH SOLE 0 0 2852 Vanguard Information Technology ETF COM 92204a702 1731522 5421 SH SOLE 0 0 5421 Visa Inc. COM 92826c839 900640 4335 SH SOLE 0 0 4335 Workday, Inc. Cl. A COM 98138h101 200796 1200 SH SOLE 0 0 1200 Air Products & Chem COM 009158106 393648 1277 SH SOLE 0 0 1277 Albemarle Corp. COM 012653101 210921 973 SH SOLE 0 0 973 Amyris, Inc. COM 03236m200 15989 10450 SH SOLE 0 0 10450 BHP Billiton, Ltd. ADR COM 088606108 283693 4572 SH SOLE 0 0 4572 Ball Corp. COM 058498106 213970 4184 SH SOLE 0 0 4184 Dow Inc. COM 260557103 287727 5710 SH SOLE 0 0 5710 International Paper COM 460146103 223987 6468 SH SOLE 0 0 6468 Linde PLC COM g5494j103 306609 940 SH SOLE 0 0 940 Materials Select Sector SPDR ETF COM 81369y100 419550 5401 SH SOLE 0 0 5401 Mosaic Co. COM 61945c103 1635649 37284 SH SOLE 0 0 37284 Nucor Corp. COM 670346105 2943976 22335 SH SOLE 0 0 22335 Rio Tinto PLC ADR F COM 767204100 483946 6797 SH SOLE 0 0 6797 Sherwin Williams Company COM 824348106 4857908 20469 SH SOLE 0 0 20469 WestRock Company COM 96145d105 3494201 99380 SH SOLE 0 0 99380 AT&T Inc. COM 00206R102 656099 35638 SH SOLE 0 0 35638 Alphabet Inc., Cl. A COM 02079k305 9181390 104062 SH SOLE 0 0 104062 Alphabet Inc., Cl. C COM 02079k107 1428733 16102 SH SOLE 0 0 16102 Crown Castle Int'l. Corp. COM 22822v101 223263 1646 SH SOLE 0 0 1646 Meta Platforms, Inc. COM 30303m102 2101257 17461 SH SOLE 0 0 17461 Omnicom Group COM 681919106 1400802 17173 SH SOLE 0 0 17173 Verizon Communications COM 92343V104 687609 17452 SH SOLE 0 0 17452 Vodafone Group PLC ADR COM 92857w308 145354 14363 SH SOLE 0 0 14363 Walt Disney Co COM 254687106 4664674 53691 SH SOLE 0 0 53691 Allete, Inc. COM 018522300 1349549 20920 SH SOLE 0 0 20920 Ameren Corp. COM 023608102 284220 3196 SH SOLE 0 0 3196 American Electric Power COM 025537101 372598 3924 SH SOLE 0 0 3924 American States Water Co. COM 029899101 2257202 24389 SH SOLE 0 0 24389 Black Hills Corp. COM 092113109 1280118 18199 SH SOLE 0 0 18199 DTE Energy COM 233331107 1824653 15525 SH SOLE 0 0 15525 Duke Energy Corp COM 26441c204 358674 3483 SH SOLE 0 0 3483 Equinor ASA COM 29446m102 403543 11269 SH SOLE 0 0 11269 Essentials Utilities Inc. COM 29670g102 1597428 33468 SH SOLE 0 0 33468 Eversource Energy Com. COM 30040w108 287655 3431 SH SOLE 0 0 3431 National Fuel Gas Co. COM 636180101 1296321 20479 SH SOLE 0 0 20479 National Grid PLC ADR COM 636274409 274938 4558 SH SOLE 0 0 4558 NextEra Energy COM 65339F101 1594754 19076 SH SOLE 0 0 19076 Southern Company COM 842587107 502841 7042 SH SOLE 0 0 7042 Veolia Environment ADR COM 92334n103 229845 8926 SH SOLE 0 0 8926 Wisconsin Energy COM 92939u106 201959 2154 SH SOLE 0 0 2154 Pacer U.S. Small Cap Cash Cows 100 - ETF COM 69374H857 220481 6133 SH SOLE 0 0 6133 IShares US Real Estate ETF COM 464287739 307378 3651 SH SOLE 0 0 3651 First TR. Ex. Tr. FD N. American Energy COM 33738d101 394585 14784 SH SOLE 0 0 14784 Vanguard Small Cap Growth ETF COM 922908595 365183 1821 SH SOLE 0 0 1821 IShares Russell 2000 Index ETF COM 464287655 1782512 10223 SH SOLE 0 0 10223 IShares S&P SmallCap 600 Index ETF COM 464287804 4187536 44247 SH SOLE 0 0 44247 Schwab Strategic US Small-Cap ETF COM 808524607 899444 22203 SH SOLE 0 0 22203 Vanguard Index Small Cap ETF COM 922908751 4420010 24082 SH SOLE 0 0 24082 iShares MSCI Multifactor USA Small-Cap ETF COM 46434v290 1178779 23737 SH SOLE 0 0 23737 First Trust SMID Cap Rising Div Achv ETF COM 33741x102 1700977 65297 SH SOLE 0 0 65297 IShares Russell 2000 Value Index ETF COM 464287630 1062628 7663 SH SOLE 0 0 7663 IShares S&P SmallCap 600 Barra Value ETF COM 464287879 1391524 15240 SH SOLE 0 0 15240 Vanguard Small Cap Value ETF COM 922908611 635200 4000 SH SOLE 0 0 4000 Vanguard Mid-Cap Growth ETF COM 922908538 940864 5234 SH SOLE 0 0 5234 First Trust Mid Cap Core AlphaDEX ETF COM 33735b108 1221715 13910 SH SOLE 0 0 13910 IShares Russell Midcap Index ETF COM 464287499 2087915 30955 SH SOLE 0 0 30955 IShares S&P Midcap 400 Index ETF COM 464287507 2650510 10958 SH SOLE 0 0 10958 SPDR S&P MidCap 400 ETF COM 78467y107 1064024 2403 SH SOLE 0 0 2403 Schwab US Mid-Cap ETF COM 808524508 777019 11843 SH SOLE 0 0 11843 Vanguard Extended Market ETF COM 922908652 252434 1900 SH SOLE 0 0 1900 Vanguard Mid Cap ETF COM 922908629 5990306 29392 SH SOLE 0 0 29392 IShares Russell Midcap Value Index ETF COM 464287473 981151 9314 SH SOLE 0 0 9314 IShares S&P MidCap 400/Barra Value ETF COM 464287705 2523226 25032 SH SOLE 0 0 25032 Pacer U.S. Cash Cows 100 - ETF COM 69374h881 4748508 102670 SH SOLE 0 0 102670 ProShares S&P MidCap 400 Dividend Aristo. COM 74347b680 676577 9456 SH SOLE 0 0 9456 Vanguard Mid-Cap Value ETF COM 922908512 2422812 17915 SH SOLE 0 0 17915 First Trust NASDAQ-100 Equal Wtd ETF COM 337344105 2051230 23105 SH SOLE 0 0 23105 IShares MSCI USA Momentum Factor ETF COM 46432f396 4514345 30935 SH SOLE 0 0 30935 IShares Russell 1000 Growth Index ETF COM 464287614 727559 3396 SH SOLE 0 0 3396 Nuveen TR ESG Large Cap Growth ETF COM 67092p201 311674 6375 SH SOLE 0 0 6375 Schwab US Large-Cap Growth ETF COM 808524300 654775 11785 SH SOLE 0 0 11785 Vanguard Growth ETF COM 922908736 1343019 6302 SH SOLE 0 0 6302 Vanguard Mega Cap Growth ETF COM 921910816 296477 1723 SH SOLE 0 0 1723 Vanguard Russell 1000 Growth ETF COM 92206c680 2156956 39132 SH SOLE 0 0 39132 Vanguard S&P 500 Growth ETF COM 921932505 3961453 18780 SH SOLE 0 0 18780 iShares Russell Top 200 Growth ETF COM 464289438 946763 7855 SH SOLE 0 0 7855 First Tr Large Cap Core AlphaDex Fd ETF COM 33734k109 542074 6770 SH SOLE 0 0 6770 First Trust Capital Strength ETF COM 33733E104 3865846 51579 SH SOLE 0 0 51579 Goldman Sachs ActiveBeta US LargeCp Eq ETF COM 381430503 5938445 78004 SH SOLE 0 0 78004 IShares - Russell 200 Index ETF COM 464289446 488462 5429 SH SOLE 0 0 5429 IShares Edge MSCI USA Quality Factor ETF COM 46432f339 906894 7958 SH SOLE 0 0 7958 IShares MSCI USA Minimum Volatility ETF COM 46429b697 4389633 60883 SH SOLE 0 0 60883 IShares Russell 1000 Index Fund ETF COM 464287622 731468 3475 SH SOLE 0 0 3475 IShares Russell 3000 Index ETF COM 464287689 3308876 14994 SH SOLE 0 0 14994 IShares S&P 500 Index ETF COM 464287200 504117 1312 SH SOLE 0 0 1312 Invesco Russell 1000 Dynamic Multi ETF COM 46138j619 2992417 69688 SH SOLE 0 0 69688 Invesco S&P 500 GARP - ETF COM 46137V431 3906708 47297 SH SOLE 0 0 47297 Invesco S&P 500 Low Volatility ETF COM 46138e354 5179223 81052 SH SOLE 0 0 81052 Invesco S&P 500 Quality ETF A COM 46137v241 8368184 190186 SH SOLE 0 0 190186 JPMorgan Equity Premium Income ETF COM 46641q332 336183 6170 SH SOLE 0 0 6170 SPDR S&P 500 ETF COM 78462F103 3778195 9879 SH SOLE 0 0 9879 Schwab US Broad Market ETF COM 808524102 2821014 62955 SH SOLE 0 0 62955 Schwab US Large-Cap ETF COM 808524201 759604 16824 SH SOLE 0 0 16824 Vanguard Dividend Appreciation ETF COM 921908844 12570143 82780 SH SOLE 0 0 82780 Vanguard ESG US Stock - ETF COM 921910733 616911 9367 SH SOLE 0 0 9367 Vanguard Large Cap ETF COM 922908637 579215 3325 SH SOLE 0 0 3325 Vanguard Mega Cap ETF COM 921910873 9922983 74947 SH SOLE 0 0 74947 Vanguard Russell 1000 ETF COM 92206c730 6354042 36463 SH SOLE 0 0 36463 Vanguard Russell 3000 ETF COM 92206c599 426799 2485 SH SOLE 0 0 2485 Vanguard S&P 500 ETF COM 922908363 2500510 7117 SH SOLE 0 0 7117 Vanguard Total Stock Market ETF COM 922908769 15992868 83649 SH SOLE 0 0 83649 WisdomTree US Quality Dividend Gr ETF COM 97717x669 426142 7060 SH SOLE 0 0 7060 ALPS Sector Dividend Dogs ETF COM 00162q858 202931 3945 SH SOLE 0 0 3945 Dimensional US Marketwide Value - ETF COM 25434v724 457337 13660 SH SOLE 0 0 13660 First Trust Morningstar Div Leaders ETF COM 336917109 7284908 199259 SH SOLE 0 0 199259 First Trust Rising Dividend Achievers ETF COM 33738r506 3415816 77774 SH SOLE 0 0 77774 First Trust Value Line Dividend ETF COM 33734h106 3791530 95002 SH SOLE 0 0 95002 FlexShares Quality Dividend ETF COM 33939l860 209874 3990 SH SOLE 0 0 3990 IShares Core US Value ETF COM 464287663 781521 11065 SH SOLE 0 0 11065 IShares Russell 1000 Value Index ETF COM 464287598 270695 1785 SH SOLE 0 0 1785 IShares Select Dividend ETF COM 464287168 1725304 14306 SH SOLE 0 0 14306 Invesco S&P 500 High Div/Low Volat. ETF COM 46138e362 215205 4910 SH SOLE 0 0 4910 Invesco S&P 500 Pure Value ETF COM 46137v258 202358 2595 SH SOLE 0 0 2595 Invesco S&P 500 Revenue ETF COM 46138g698 539762 7300 SH SOLE 0 0 7300 ProShares S&P 500 Dividend Aristocrats ETF COM 74348a467 3952691 43924 SH SOLE 0 0 43924 SPDR Dow Jones Industrial Average ETF COM 78467x109 1231554 3717 SH SOLE 0 0 3717 SPDR S&P Dividend ETF COM 78464a763 2029660 16223 SH SOLE 0 0 16223 SPDR S&P Value ETF COM 78464a508 3547351 91215 SH SOLE 0 0 91215 Schwab Fundamental US Broad Market ETF COM 808524789 524306 9964 SH SOLE 0 0 9964 Schwab US Div Equity ETF COM 808524797 11907321 157629 SH SOLE 0 0 157629 T. Rowe Price Dividend Growth ETF COM 87283q404 381765 12162 SH SOLE 0 0 12162 Vanguard High Dividend Yield ETF COM 921946406 2211434 20437 SH SOLE 0 0 20437 Vanguard Russell 1000 Value ETF COM 92206c714 977860 14687 SH SOLE 0 0 14687 Vanguard S&P 500 Value ETF COM 921932703 352251 2515 SH SOLE 0 0 2515 Vanguard Value ETF COM 922908744 1357799 9673 SH SOLE 0 0 9673 WisdomTree U.S. LargeCap Dividend ETF COM 97717w307 465864 7520 SH SOLE 0 0 7520 Pacer Global Cash Cows Dividend ETF COM 69374h709 384689 12120 SH SOLE 0 0 12120 IShares Core MSCI Total Int'l Stk ETF COM 46432f834 530817 9171 SH SOLE 0 0 9171 WisdomTree International Hdgd Div Gr ETF COM 97717x594 918363 25775 SH SOLE 0 0 25775 Goldman Sachs ActiveBeta Int'l Eq ETF COM 381430107 2214563 76948 SH SOLE 0 0 76948 IShares MSCI EAFE ETF COM 464287465 258096 3932 SH SOLE 0 0 3932 Vanguard FTSE All-World (ex. US) ETF COM 922042775 1273355 25396 SH SOLE 0 0 25396 Vanguard Tax-Mgd Int'l Dev. Markets ETF COM 921943858 505529 12045 SH SOLE 0 0 12045 Goldman Sachs ActiveBeta Emerging Mkts ETF COM 381430206 595642 21040 SH SOLE 0 0 21040 Vanguard Emerging Mkts. ETF COM 922042858 709113 18192 SH SOLE 0 0 18192 First TR Global Tactical Commodity ETF COM 33739h101 2458548 100390 SH SOLE 0 0 100390 SPDR Gold Shares ETF COM 78463v107 711979 4197 SH SOLE 0 0 4197