WBI BullBear Value 3000 ETF
      
Schedule of Investments
      
September 30, 2022 (Unaudited)
      
             
Shares
    
Security Description
  
Value
  
     
COMMON STOCKS - 14.9%
      
     
Commercial & Professional Services - 4.8%
      
 
73,119
    
Nielsen Holdings PLC - ADR(a)
  
$
2,026,859
  
       
Energy - 5.7%
        
 
31,807
    
Devon Energy Corp.
    
1,912,555
  
 
5,754
    
Exxon Mobil Corp.
    
502,381
  
             
2,414,936
  
       
Health Care Equipment & Services - 3.8%
        
 
3,300
    
Humana, Inc.
    
1,601,127
  
       
Insurance - 0.6%
        
 
1,035
    
Kinsale Capital Group, Inc. +
    
264,360
  
       
TOTAL COMMON STOCKS (Cost $6,090,256)
    
6,307,282
  
                 
Shares/Amount
    
Security Description
  
Value
  
       
SHORT TERM INVESTMENT - 91.6%
        
 
38,557,574
    
U.S. Bank Money Market Deposit Account, 1.50%
    
38,557,574
  
       
TOTAL SHORT TERM INVESTMENT (Cost $38,557,574)
    
38,557,574
  
                 
       
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 0.6%
        
 
250,800
    
Mount Vernon Liquid Assets Portfolio, LLC, 3.24% (b)(c)
    
250,800
  
       
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $250,800)
    
250,800
  
                 
       
TOTAL INVESTMENTS - 107.1% (Cost $44,898,630)
    
45,115,656
  
       
Liabilities in Excess of Other Assets - (7.1)%
    
(3,007,091
)
       
NET ASSETS - 100.0%
  
$
42,108,565
  
                 
   
ADR
  
American Depository Receipt
        
   
PLC
  
Public Limited Company
        
   
+
  
All or portion of this security is on loan as of September 30, 2022. Total value of securities on loan is $242,649.
  
   
(a)
  
Foreign issued security. Foreign concentration is as follows: United Kingdom: 4.81%.
  
   
(b)
  
The rate quoted is the annualized seven-day yield as of September 30, 2022.
  
   
(c)
  
Privately offered liquidity fund.
        
                 
       
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.