| Dana Unconstrained Equity ETF |
| Schedule of Investments |
| May 31, 2026 (Unaudited) |
| |
| COMMON STOCKS - 98.8% | |
| Shares | | |
| Value | |
| Financial Services - 7.4% | |
| | | |
| | |
| Mastercard, Inc. - Class A | |
| 8,461 | | |
$ | 4,179,565 | |
| Visa, Inc. - Class A | |
| 21,938 | | |
| 7,159,685 | |
| | |
| | | |
| 11,339,250 | |
| | |
| | | |
| | |
| Health Care - 4.7% | |
| | | |
| | |
| Eli Lilly & Co. | |
| 6,312 | | |
| 6,974,760 | |
| Viking Therapeutics, Inc.(a) | |
| 6,987 | | |
| 228,754 | |
| | |
| | | |
| 7,203,514 | |
| | |
| | | |
| | |
| Industrial Products - 0.0%(b) | |
| | | |
| | |
| GE Aerospace | |
| 198 | | |
| 64,105 | |
| | |
| | | |
| | |
| Media - 21.7% | |
| | | |
| | |
| Alphabet, Inc. - Class A | |
| 19,003 | | |
| 7,227,601 | |
| DoorDash, Inc. - Class A(a) | |
| 45,830 | | |
| 7,300,261 | |
| Meta Platforms, Inc. - Class A | |
| 11,614 | | |
| 7,345,971 | |
| Spotify Technology SA(a) | |
| 8,675 | | |
| 4,317,374 | |
| Uber Technologies, Inc.(a) | |
| 101,895 | | |
| 7,173,408 | |
| | |
| | | |
| 33,364,615 | |
| | |
| | | |
| | |
| Oil & Gas - 0.2% | |
| | | |
| | |
| EOG Resources, Inc. | |
| 2,163 | | |
| 288,501 | |
| | |
| | | |
| | |
| Retail & Wholesale - Discretionary - 9.4% | |
| | | |
| | |
| Amazon.com, Inc.(a) | |
| 53,160 | | |
| 14,387,222 | |
| | |
| | | |
| | |
| Software & Tech Services - 40.6%(c) | |
| | | |
| | |
| Adobe, Inc.(a) | |
| 259 | | |
| 67,136 | |
| Datadog, Inc. - Class A(a) | |
| 68,563 | | |
| 16,959,058 | |
| Microsoft Corp. | |
| 16,354 | | |
| 7,363,225 | |
| ServiceNow, Inc.(a) | |
| 115,754 | | |
| 14,396,325 | |
| Shopify, Inc. - Class A(a) | |
| 61,378 | | |
| 7,286,182 | |
| Snowflake, Inc. - Class A(a) | |
| 63,795 | | |
| 16,302,812 | |
| | |
| | | |
| 62,374,738 | |
| | |
| | | |
| | |
| Tech Hardware & Semiconductors - 14.8% | |
| | | |
| | |
| Broadcom, Inc. | |
| 11,333 | | |
| 5,063,244 | |
| Lam Research Corp. | |
| 14,325 | | |
| 4,557,929 | |
| NVIDIA Corp. | |
| 61,916 | | |
| 13,072,944 | |
| | |
| | | |
| 22,694,117 | |
| | |
| | | |
| | |
| TOTAL COMMON STOCKS (Cost $118,056,986) | |
| | | |
| 151,716,062 | |
| SHORT-TERM INVESTMENTS - 0.4% | |
| | | |
| | |
| Money Market Funds - 0.4% | |
Shares | | |
Value | |
| First American Government Obligations Fund - Class X, 3.55%(d) | |
| 637,911 | | |
$ | 637,911 | |
| | |
| | | |
| | |
| TOTAL SHORT-TERM INVESTMENTS (Cost $637,911) | |
| | | |
| 637,911 | |
| | |
| | | |
| | |
| TOTAL INVESTMENTS - 99.2% (Cost $118,694,897) | |
| | | |
$ | 152,353,973 | |
| Other Assets in Excess of Liabilities - 0.8% | |
| | | |
| 1,270,010 | |
| TOTAL NET ASSETS - 100.0% | |
| | | |
$ | 153,623,983 | |
| | |
| | | |
| | |
| Percentages are stated as a percent of net assets. | |
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