LIBERTY ONE DEFENSIVE DIVIDEND GROWTH ETF
SCHEDULE OF INVESTMENTS (Unaudited)
April 30, 2026
 
Shares             Fair Value
    COMMON STOCKS — 99.3%      
    AEROSPACE & DEFENSE - 3.7%      
3,179   Northrop Grumman Corporation       $ 1,842,167
             
 
    BEVERAGES - 4.5%      
28,609   Coca-Cola Company (The)         2,253,245
             
 
    BIOTECH & PHARMA - 9.7%      
2,616   Eli Lilly & Company         2,444,914
10,474   Johnson & Johnson         2,407,449
             

4,852,363

    COMMERCIAL SUPPORT SERVICES - 13.6%      
76,491   Rentokil Initial PLC - ADR         2,590,751
8,228   Republic Services, Inc.         1,721,462
10,846   Waste Management, Inc.         2,522,237
             

6,834,450

    ELECTRIC UTILITIES - 12.0%      
28,249   Alliant Energy Corporation         2,074,323
15,334   Duke Energy Corporation         1,986,520
20,198   Southern Company (The)         1,953,147
             

6,013,990

    FOOD - 3.7%      
30,101   Mondelez International, Inc., Class A         1,849,405
             
 
    GAS & WATER UTILITIES - 2.6%      
10,112   American Water Works Company, Inc.         1,298,583
             
 
    HEALTH CARE FACILITIES & SERVICES - 14.1%      
12,344   Cardinal Health, Inc.         2,380,911
2,618   McKesson Corporation         2,134,194
6,919   UnitedHealth Group, Inc.         2,563,350
             

7,078,455

    HOUSEHOLD PRODUCTS - 3.6%      
12,340   Procter & Gamble Company (The)         1,815,091
             
 
 
 

 

LIBERTY ONE DEFENSIVE DIVIDEND GROWTH ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
April 30, 2026
 
Shares             Fair Value
    COMMON STOCKS — 99.3% (Continued)      
    INFRASTRUCTURE REIT - 3.5%      
9,534   American Tower Corporation, Class A       $ 1,741,957
             
 
    INSURANCE - 4.5%      
6,919   Chubb Ltd.         2,262,513
             
 
    LEISURE FACILITIES & SERVICES - 3.6%      
6,171   McDonald's Corporation         1,811,744
             
 
    RETAIL - CONSUMER STAPLES - 9.4%      
3,366   Casey's General Stores, Inc.         2,767,357
28,430   Kroger Company (The)         1,935,230
             

4,702,587

    SOFTWARE - 3.7%      
4,488   Microsoft Corporation         1,830,117
             
 
    TECHNOLOGY HARDWARE - 3.6%      
4,112   Motorola Solutions, Inc.         1,805,291
             
 
    TELECOMMUNICATIONS - 3.5%      
67,111   AT&T, Inc.         1,753,610
             
 
               
    TOTAL COMMON STOCKS (Cost $47,786,894)    

  49,745,568

               
    SHORT-TERM INVESTMENTS — 0.7%      
    MONEY MARKET FUNDS - 0.7%      
374,355   First American Treasury Obligations Fund, Class X, 3.58% (Cost $374,355)(a)         374,355
             
 
    TOTAL INVESTMENTS - 100.0% (Cost $48,161,249)     $ 50,119,923
    LIABILITIES IN EXCESS OF OTHER ASSETS - 0.0%    

(20,323)

    NET ASSETS - 100.0%        

$ 50,099,600

           
               
 

 

 

 
 

 

ADR      -American Depositary Receipt
Ltd.      -Limited Company
PLC      -Public Limited Company

 

 

(a) Rate disclosed is the seven day effective yield as of April 30, 2026.