Impact Shares
YWCA Women’s Empowerment ETF
Schedule of Investments
March 31, 2023 (Unaudited)
Description | Shares | Fair Value | ||||||
COMMON STOCK — 99.3% | ||||||||
Communication Services— 7.9% | ||||||||
AT&T | 15,340 | $ | 295,295 | |||||
Comcast, Cl A | 18,190 | 689,583 | ||||||
Interpublic Group | 836 | 31,133 | ||||||
Lumen Technologies* | 2,048 | 5,427 | ||||||
Match Group* | 587 | 22,535 | ||||||
Meta Platforms, Cl A* | 4,842 | 1,026,213 | ||||||
Omnicom Group | 439 | 41,415 | ||||||
Verizon Communications | 9,035 | 351,371 | ||||||
Walt Disney* | 3,921 | 392,610 | ||||||
|
|
| ||||||
2,855,582 | ||||||||
|
|
| ||||||
Consumer Discretionary— 10.1% | ||||||||
Amazon.com* | 18,614 | 1,922,640 | ||||||
Aptiv PLC* | 599 | 67,202 | ||||||
Best Buy | 444 | 34,752 | ||||||
Deckers Outdoor* | 58 | 26,074 | ||||||
DoorDash, Cl A* | 553 | 35,148 | ||||||
eBay | 1,202 | 53,332 | ||||||
Etsy* | 278 | 30,950 | ||||||
Expedia Group* | 334 | 32,408 | ||||||
General Motors | 3,144 | 115,322 | ||||||
Hasbro | 288 | 15,463 | ||||||
Lululemon Athletica* | 258 | 93,961 | ||||||
McDonald’s | 1,621 | 453,248 | ||||||
Starbucks | 2,539 | 264,386 | ||||||
Target | 990 | 163,974 | ||||||
TJX | 2,568 | 201,229 | ||||||
VF | 730 | 16,724 | ||||||
Williams-Sonoma | 143 | 17,397 | ||||||
Yum! Brands | 623 | 82,286 | ||||||
|
|
| ||||||
3,626,496 | ||||||||
|
|
| ||||||
Consumer Staples— 8.3% | ||||||||
Archer-Daniels-Midland | 1,183 | 94,238 | ||||||
Brown-Forman, Cl A | 2 | 131 | ||||||
Brown-Forman, Cl B | 8 | 514 | ||||||
Campbell Soup | 433 | 23,806 | ||||||
Church & Dwight | 524 | 46,327 | ||||||
Clorox | 265 | 41,933 | ||||||
Coca-Cola | 8,375 | 519,501 | ||||||
Colgate-Palmolive | 1,798 | 135,120 | ||||||
Conagra Brands | 1,031 | 38,724 | ||||||
Estee Lauder, Cl A | 498 | 122,737 | ||||||
General Mills | 1,277 | 109,133 | ||||||
Hershey | 316 | 80,394 | ||||||
J M Smucker | 230 | 36,195 | ||||||
Kellogg | 551 | 36,895 | ||||||
Kimberly-Clark | 726 | 97,444 | ||||||
Kraft Heinz | 1,710 | 66,126 | ||||||
Kroger | 1,400 | 69,118 | ||||||
Molson Coors Beverage, Cl B | 403 | 20,827 | ||||||
Mondelez International, Cl A | 2,482 | 173,045 | ||||||
PepsiCo | 2,964 | 540,337 | ||||||
Procter & Gamble | 5,099 | 758,170 | ||||||
|
|
| ||||||
3,010,715 | ||||||||
|
|
| ||||||
Energy— 6.1% | ||||||||
Baker Hughes, Cl A | 2,305 | 66,522 | ||||||
Chevron | 3,838 | 626,208 | ||||||
ConocoPhillips | 2,685 | 266,379 | ||||||
Exxon Mobil | 8,867 | 972,355 | ||||||
Occidental Petroleum | 1,572 | 98,140 | ||||||
Phillips 66 | 1,018 | 103,205 |
Description | Shares | Fair Value | ||||||
Williams | 2,565 | $ | 76,591 | |||||
|
|
| ||||||
2,209,400 | ||||||||
|
|
| ||||||
Financials— 14.3% | ||||||||
Allstate | 572 | 63,383 | ||||||
American Express | 1,285 | 211,961 | ||||||
American International Group | 1,601 | 80,626 | ||||||
Ameriprise Financial | 229 | 70,188 | ||||||
Bank of America | 15,016 | 429,458 | ||||||
Bank of New York Mellon | 1,581 | 71,841 | ||||||
BlackRock, Cl A | 322 | 215,457 | ||||||
Capital One Financial | 821 | 78,947 | ||||||
Citigroup | 4,160 | 195,063 | ||||||
Fifth Third Bancorp | 1,475 | 39,294 | ||||||
First Republic Bank* | 394 | 5,512 | ||||||
Goldman Sachs Group | 728 | 238,136 | ||||||
Hartford Financial Services Group | 686 | 47,807 | ||||||
Huntington Bancshares | 3,102 | 34,742 | ||||||
JPMorgan Chase | 1,046 | 136,304 | ||||||
KeyCorp | 2,007 | 25,128 | ||||||
Lincoln National | 333 | 7,483 | ||||||
Mastercard, Cl A | 1,825 | 663,223 | ||||||
MetLife | 1,422 | 82,391 | ||||||
Moody’s | 339 | 103,741 | ||||||
Morgan Stanley | 2,837 | 249,088 | ||||||
Northern Trust | 448 | 39,482 | ||||||
PayPal Holdings* | 2,453 | 186,281 | ||||||
Principal Financial Group | 491 | 36,491 | ||||||
Progressive | 1,260 | 180,256 | ||||||
Prudential Financial | 793 | 65,613 | ||||||
Regions Financial | 2,011 | 37,324 | ||||||
S&P Global | 717 | 247,200 | ||||||
State Street | 788 | 59,644 | ||||||
T Rowe Price Group | 480 | 54,192 | ||||||
US Bancorp | 2,907 | 104,797 | ||||||
Visa, Cl A | 3,514 | 792,267 | ||||||
Wells Fargo | 8,143 | 304,385 | ||||||
|
|
| ||||||
5,157,705 | ||||||||
|
|
| ||||||
Health Care— 15.1% | ||||||||
AbbVie | 3,806 | 606,562 | ||||||
Agilent Technologies | 637 | 88,123 | ||||||
AmerisourceBergen, Cl A | 347 | 55,558 | ||||||
Amgen | 1,148 | 277,529 | ||||||
Baxter International | 1,086 | 44,048 | ||||||
Biogen* | 310 | 86,189 | ||||||
BioMarin Pharmaceutical* | 400 | 38,896 | ||||||
Bristol-Myers Squibb | 4,576 | 317,163 | ||||||
Cardinal Health | 564 | 42,582 | ||||||
Cigna Group | 658 | 168,139 | ||||||
Elevance Health | 513 | 235,882 | ||||||
Eli Lilly | 60 | 20,605 | ||||||
Gilead Sciences | 2,700 | 224,019 | ||||||
Johnson & Johnson | 5,627 | 872,185 | ||||||
Merck | 5,455 | 580,357 | ||||||
Pfizer | 12,092 | 493,354 | ||||||
Regeneron Pharmaceuticals* | 231 | 189,806 | ||||||
UnitedHealth Group | 1,979 | 935,256 | ||||||
Vertex Pharmaceuticals* | 552 | 173,919 | ||||||
|
|
| ||||||
5,450,172 | ||||||||
|
|
| ||||||
Industrials— 8.6% | ||||||||
3M | 1,188 | 124,871 | ||||||
Automatic Data Processing | 892 | 198,586 | ||||||
Avis Budget Group* | 422 | 82,206 | ||||||
Booz Allen Hamilton Holding, Cl A | 283 | 26,231 | ||||||
Carrier Global | 1,761 | 80,565 |
Impact Shares
YWCA Women’s Empowerment ETF
Schedule of Investments
March 31, 2023 (Unaudited)
Description | Shares | Fair Value | ||||||
Caterpillar | 1,121 | $ | 256,530 | |||||
Cummins | 12 | 2,866 | ||||||
Delta Air Lines* | 1,378 | 48,120 | ||||||
Eaton PLC | 856 | 146,667 | ||||||
Emerson Electric | 1,273 | 110,929 | ||||||
Fortive | 1,117 | 76,146 | ||||||
General Electric | 2,349 | 224,564 | ||||||
Honeywell International | 60 | 11,467 | ||||||
Ingersoll Rand | 852 | 49,569 | ||||||
Johnson Controls International PLC | 1,481 | 89,186 | ||||||
Norfolk Southern | 498 | 105,576 | ||||||
Owens Corning | 201 | 19,256 | ||||||
Pentair PLC | 355 | 19,621 | ||||||
Republic Services, Cl A | 432 | 58,415 | ||||||
Robert Half International | 234 | 18,854 | ||||||
Rockwell Automation | 247 | 72,482 | ||||||
Southwest Airlines | 1,274 | 41,456 | ||||||
Stanley Black & Decker | 310 | 24,980 | ||||||
Trane Technologies PLC | 485 | 89,230 | ||||||
TransUnion | 414 | 25,726 | ||||||
Uber Technologies* | 6,295 | 199,551 | ||||||
Union Pacific | 1,323 | 266,267 | ||||||
United Parcel Service, Cl B | 1,570 | 304,564 | ||||||
Verisk Analytics, Cl A | 337 | 64,657 | ||||||
Waste Management | 804 | 131,189 | ||||||
WEX* | 137 | 25,193 | ||||||
WW Grainger | 97 | 66,815 | ||||||
Xylem | 388 | 40,624 | ||||||
|
|
| ||||||
3,102,959 | ||||||||
|
|
| ||||||
Information Technology— 23.3% | ||||||||
Accenture PLC, Cl A | 2,037 | 582,195 | ||||||
Adobe* | 1,502 | 578,826 | ||||||
ANSYS* | 274 | 91,187 | ||||||
Apple | 7,950 | 1,310,955 | ||||||
Autodesk* | 697 | 145,088 | ||||||
HP | 2,872 | 84,293 | ||||||
Intel | 13,323 | 435,262 | ||||||
International Business Machines | 2,921 | 382,914 | ||||||
Intuit | 911 | 406,151 | ||||||
Keysight Technologies* | 578 | 93,335 | ||||||
Motorola Solutions | 541 | 154,796 | ||||||
NVIDIA | 8,040 | 2,233,271 | ||||||
Okta, Cl A* | 478 | 41,223 | ||||||
Paychex | 675 | 77,348 | ||||||
QUALCOMM | 3,618 | 461,585 | ||||||
Salesforce* | 3,231 | 645,489 | ||||||
ServiceNow* | 636 | 295,562 | ||||||
Splunk* | 472 | 45,255 | ||||||
TE Connectivity | 1,028 | 134,822 | ||||||
VMware, Cl A* | 656 | 81,902 | ||||||
Workday, Cl A* | 650 | 134,251 | ||||||
|
|
| ||||||
8,415,710 | ||||||||
|
|
| ||||||
Materials— 1.8% | ||||||||
Air Products and Chemicals | 477 | 136,999 | ||||||
Alcoa | 371 | 15,790 | ||||||
Avery Dennison | 173 | 30,955 | ||||||
Celanese, Cl A | 215 | 23,411 | ||||||
Dow | 1,515 | 83,052 | ||||||
DuPont de Nemours | 1,069 | 76,722 | ||||||
Ecolab | 533 | 88,228 | ||||||
International Flavors & Fragrances | 548 | 50,394 | ||||||
Newmont | 1,710 | 83,824 | ||||||
PPG Industries | 505 | 67,458 | ||||||
|
|
| ||||||
656,833 | ||||||||
|
|
|
Description | Shares | Fair Value | ||||||
Real Estate— 1.6% | ||||||||
Boston Properties‡ | 300 | $ | 16,236 | |||||
CBRE Group, Cl A* | 679 | 49,438 | ||||||
Equinix‡ | 199 | 143,487 | ||||||
Equity LifeStyle Properties‡ | 376 | 25,241 | ||||||
Essex Property Trust‡ | 140 | 29,279 | ||||||
Healthpeak Properties‡ | 1,157 | 25,419 | ||||||
Host Hotels & Resorts‡ | 1,538 | 25,362 | ||||||
Invitation Homes‡ | 1,222 | 38,163 | ||||||
Iron Mountain‡ | 626 | 33,122 | ||||||
Jones Lang LaSalle* | 102 | 14,840 | ||||||
Mid-America Apartment Communities‡ | 248 | 37,458 | ||||||
Ventas‡ | 860 | 37,281 | ||||||
Welltower‡ | 1,016 | 72,837 | ||||||
Zillow Group, Cl A* | 121 | 5,288 | ||||||
Zillow Group, Cl C* | 341 | 15,164 | ||||||
|
|
| ||||||
568,615 | ||||||||
|
|
| ||||||
Utilities— 2.2% | ||||||||
American Water Works | 391 | 57,277 | ||||||
Avangrid | 151 | 6,022 | ||||||
CenterPoint Energy | 1,352 | 39,830 | ||||||
CMS Energy | 624 | 38,301 | ||||||
Consolidated Edison | 763 | 72,996 | ||||||
Dominion Energy | 1,792 | 100,191 | ||||||
Edison International | 822 | 58,025 | ||||||
Entergy | 17 | 1,832 | ||||||
Exelon | 2,132 | 89,309 | ||||||
NiSource | 873 | 24,409 | ||||||
PG&E* | 3,461 | 55,964 | ||||||
PPL | 1,582 | 43,964 | ||||||
Public Service Enterprise Group | 1,050 | 65,573 | ||||||
Sempra Energy | 676 | 102,184 | ||||||
Vistra | 807 | 19,368 | ||||||
|
|
| ||||||
775,245 | ||||||||
|
|
| ||||||
Total Common Stock | 35,829,432 | |||||||
|
|
| ||||||
SHORT-TERM INVESTMENT — 0.7% | ||||||||
Invesco Government & Agency Portfolio, Cl Institutional, 4.73% (A) | 258,999 | 258,999 | ||||||
|
|
| ||||||
Total Short-Term Investment | 258,999 | |||||||
|
|
| ||||||
Total Investments - 100.0% | $ | 36,088,431 | ||||||
|
|
|
Percentages are based on Net Assets of $36,093,490.
* | Non-income producing security. |
‡ | Real Estate Investment Trust |
(A) | Rate shown represents the 7-day effective yield as of March 31, 2023. |
Cl — Class
PLC — Public Limited Company
IMP-QH-001-1000
Impact Shares
NAACP Minority Empowerment ETF
Schedule of Investments
March 31, 2023 (Unaudited)
Description | Shares | Fair Value | ||||||
COMMON STOCK — 94.1% | ||||||||
Communication Services— 9.7% | ||||||||
Alphabet, Cl A* | 10,277 | $ | 1,066,033 | |||||
Alphabet, Cl C* | 9,110 | 947,440 | ||||||
AT&T | 16,775 | 322,919 | ||||||
Electronic Arts | 615 | 74,077 | ||||||
Interpublic Group | 929 | 34,596 | ||||||
Lumen Technologies* | 2,242 | 5,941 | ||||||
Meta Platforms, Cl A* | 5,283 | 1,119,679 | ||||||
Verizon Communications | 9,882 | 384,311 | ||||||
|
|
| ||||||
3,954,996 | ||||||||
|
|
| ||||||
Consumer Discretionary— 8.7% | ||||||||
Amazon.com* | 11,394 | 1,176,886 | ||||||
Aptiv PLC* | 528 | 59,236 | ||||||
BorgWarner | 461 | 22,640 | ||||||
Dollar Tree* | 411 | 58,999 | ||||||
eBay | 1,057 | 46,899 | ||||||
Ford Motor | 7,665 | 96,579 | ||||||
General Motors | 2,759 | 101,200 | ||||||
Hasbro | 258 | 13,852 | ||||||
Hilton Worldwide Holdings | 40 | 5,635 | ||||||
Lear | 114 | 15,902 | ||||||
Lowe’s | 1,206 | 241,164 | ||||||
Marriott International, Cl A | 40 | 6,641 | ||||||
MercadoLibre* | 91 | 119,944 | ||||||
NIKE, Cl B | 2,445 | 299,855 | ||||||
Royal Caribbean Cruises* | 423 | 27,622 | ||||||
Target | 897 | 148,570 | ||||||
Tesla* | 5,190 | 1,076,717 | ||||||
VF | 643 | 14,731 | ||||||
|
|
| ||||||
3,533,072 | ||||||||
|
|
| ||||||
Consumer Staples— 4.6% | ||||||||
Archer-Daniels-Midland | 1,069 | 85,156 | ||||||
Bunge | 290 | 27,701 | ||||||
Campbell Soup | 390 | 21,442 | ||||||
Clorox | 238 | 37,661 | ||||||
Coca-Cola | 7,565 | 469,257 | ||||||
Constellation Brands, Cl A | 316 | 71,381 | ||||||
Hormel Foods | 561 | 22,373 | ||||||
J M Smucker | 208 | 32,733 | ||||||
Kellogg | 497 | 33,279 | ||||||
Kimberly-Clark | 656 | 88,048 | ||||||
Kraft Heinz | 1,546 | 59,784 | ||||||
Kroger | 1,265 | 62,453 | ||||||
Molson Coors Beverage, Cl B | 367 | 18,967 | ||||||
Mondelez International, Cl A | 2,655 | 185,107 | ||||||
PepsiCo | 2,677 | 488,017 | ||||||
Sysco | 985 | 76,072 | ||||||
Tyson Foods, Cl A | 562 | 33,338 | ||||||
US Foods Holding* | 403 | 14,887 | ||||||
Walgreens Boots Alliance | 1,397 | 48,308 | ||||||
|
|
| ||||||
1,875,964 | ||||||||
|
|
| ||||||
Energy— 5.9% | ||||||||
Cheniere Energy | 484 | 76,279 | ||||||
Chevron | 3,456 | 563,881 | ||||||
ConocoPhillips | 2,420 | 240,088 | ||||||
Devon Energy | 1,269 | 64,224 | ||||||
Exxon Mobil | 8,009 | 878,267 | ||||||
Hess | 540 | 71,464 | ||||||
Kinder Morgan | 3,838 | 67,203 | ||||||
Marathon Petroleum | 912 | 122,965 | ||||||
ONEOK | 869 | 55,216 |
Description | Shares | Fair Value | ||||||
Phillips 66 | 919 | $ | 93,168 | |||||
Range Resources | 73 | 1,932 | ||||||
Valero Energy | 750 | 104,700 | ||||||
Williams | 2,365 | 70,619 | ||||||
|
|
| ||||||
2,410,006 | ||||||||
|
|
| ||||||
Financials— 10.8% | ||||||||
American Express | 1,161 | 191,507 | ||||||
Aon PLC, Cl A | 401 | 126,431 | ||||||
Bank of America | 13,569 | 388,074 | ||||||
Bank of New York Mellon | 1,429 | 64,934 | ||||||
Charles Schwab | 2,959 | 154,992 | ||||||
Citigroup | 3,760 | 176,307 | ||||||
Huntington Bancshares | 2,806 | 31,427 | ||||||
JPMorgan Chase | 5,698 | 742,506 | ||||||
Mastercard, Cl A | 1,649 | 599,263 | ||||||
MetLife | 1,283 | 74,337 | ||||||
Moody’s | 308 | 94,254 | ||||||
Morgan Stanley | 2,562 | 224,944 | ||||||
Nasdaq | 658 | 35,973 | ||||||
PayPal Holdings* | 2,213 | 168,055 | ||||||
PNC Financial Services Group | 782 | 99,392 | ||||||
Regions Financial | 1,815 | 33,686 | ||||||
S&P Global | 648 | 223,411 | ||||||
Synchrony Financial | 875 | 25,445 | ||||||
T Rowe Price Group | 434 | 48,999 | ||||||
Travelers | 454 | 77,820 | ||||||
Truist Financial | 2,577 | 87,876 | ||||||
Visa, Cl A | 3,176 | 716,061 | ||||||
|
|
| ||||||
4,385,694 | ||||||||
|
|
| ||||||
Health Care— 14.8% | ||||||||
Abbott Laboratories | 3,388 | 343,069 | ||||||
AbbVie | 3,441 | 548,392 | ||||||
Agilent Technologies | 573 | 79,269 | ||||||
Baxter International | 984 | 39,911 | ||||||
Becton Dickinson | 554 | 137,137 | ||||||
Biogen* | 279 | 77,570 | ||||||
Boston Scientific* | 2,783 | 139,233 | ||||||
Bristol-Myers Squibb | 4,137 | 286,735 | ||||||
Cigna Group | 595 | 152,040 | ||||||
CVS Health | 2,550 | 189,491 | ||||||
Edwards Lifesciences* | 1,201 | 99,359 | ||||||
Elevance Health | 474 | 217,950 | ||||||
Gilead Sciences | 2,443 | 202,696 | ||||||
Illumina* | 303 | 70,463 | ||||||
Johnson & Johnson | 5,088 | 788,640 | ||||||
Laboratory Corp of America Holdings | 172 | 39,460 | ||||||
Medtronic PLC | 2,590 | 208,806 | ||||||
Merck | 4,938 | 525,354 | ||||||
Pfizer | 10,945 | 446,556 | ||||||
Quest Diagnostics | 221 | 31,267 | ||||||
ResMed | 284 | 62,193 | ||||||
Teleflex | 92 | 23,305 | ||||||
Thermo Fisher Scientific | 762 | 439,194 | ||||||
UnitedHealth Group | 1,815 | 857,751 | ||||||
|
|
| ||||||
6,005,841 | ||||||||
|
|
| ||||||
Industrials— 8.5% | ||||||||
3M | 1,075 | 112,993 | ||||||
AECOM | 276 | 23,272 | ||||||
American Airlines Group* | 1,258 | 18,555 | ||||||
AMETEK | 446 | 64,817 | ||||||
Automatic Data Processing | 807 | 179,663 | ||||||
Boeing* | 1,089 | 231,336 | ||||||
Booz Allen Hamilton Holding, Cl A | 258 | 23,914 |
Impact Shares
NAACP Minority Empowerment ETF
Schedule of Investments
March 31, 2023 (Unaudited)
Description | Shares | Fair Value | ||||||
CSX | 4,082 | $ | 122,215 | |||||
Cummins | 274 | 65,453 | ||||||
Deere | 535 | 220,891 | ||||||
Delta Air Lines* | 1,243 | 43,406 | ||||||
Eaton PLC | 772 | 132,275 | ||||||
Emerson Electric | 1,149 | 100,124 | ||||||
Expeditors International of Washington | 311 | 34,247 | ||||||
FedEx | 463 | 105,791 | ||||||
General Electric | 2,120 | 202,672 | ||||||
Honeywell International | 1,308 | 249,985 | ||||||
Howmet Aerospace | 715 | 30,295 | ||||||
Illinois Tool Works | 543 | 132,193 | ||||||
Jacobs Solutions | 254 | 29,848 | ||||||
JB Hunt Transport Services | 161 | 28,249 | ||||||
Johnson Controls International PLC | 1,358 | 81,779 | ||||||
Lennox International | 63 | 15,830 | ||||||
Lincoln Electric Holdings | 114 | 19,278 | ||||||
Nordson | 105 | 23,337 | ||||||
Northrop Grumman | 281 | 129,743 | ||||||
Rockwell Automation | 223 | 65,439 | ||||||
Southwest Airlines | 1,153 | 37,519 | ||||||
Stanley Black & Decker | 286 | 23,046 | ||||||
Textron | 408 | 28,817 | ||||||
Uber Technologies* | 7,964 | 252,459 | ||||||
Union Pacific | 1,195 | 240,506 | ||||||
United Airlines Holdings* | 633 | 28,010 | ||||||
United Parcel Service, Cl B | 1,414 | 274,302 | ||||||
United Rentals | 133 | 52,636 | ||||||
Xylem | 349 | 36,540 | ||||||
|
|
| ||||||
3,461,435 | ||||||||
|
|
| ||||||
Information Technology— 24.3% | ||||||||
Accenture PLC, Cl A | 2,519 | 719,956 | ||||||
Apple | 13,227 | 2,181,132 | ||||||
Cisco Systems | 16,432 | 858,983 | ||||||
Dell Technologies, Cl C | 1,038 | 41,738 | ||||||
HP | 3,542 | 103,958 | ||||||
Intel | 16,502 | 539,120 | ||||||
International Business Machines | 3,621 | 474,677 | ||||||
Micron Technology | 4,356 | 262,841 | ||||||
Microsoft | 524 | 151,069 | ||||||
NVIDIA | 9,932 | 2,758,812 | ||||||
Palo Alto Networks* | 1,175 | 234,694 | ||||||
QUALCOMM | 4,490 | 572,834 | ||||||
Salesforce* | 3,993 | 797,722 | ||||||
Workday, Cl A* | 802 | 165,645 | ||||||
|
|
| ||||||
9,863,181 | ||||||||
|
|
| ||||||
Materials— 1.8% | ||||||||
Albemarle | 227 | 50,176 | ||||||
Alcoa | 343 | 14,598 | ||||||
CF Industries Holdings | 381 | 27,619 | ||||||
DuPont de Nemours | 963 | 69,114 | ||||||
Eastman Chemical | 232 | 19,567 | ||||||
Ecolab | 482 | 79,785 | ||||||
FMC | 243 | 29,678 | ||||||
Freeport-McMoRan, Cl B | 2,774 | 113,484 | ||||||
International Flavors & Fragrances | 495 | 45,520 | ||||||
Martin Marietta Materials | 120 | 42,607 | ||||||
Mosaic | 661 | 30,327 | ||||||
Newmont | 1,541 | 75,540 | ||||||
PPG Industries | 455 | 60,779 | ||||||
Southern Copper | 168 | 12,810 |
Description | Shares | Fair Value | ||||||
Vulcan Materials | 259 | $ | 44,434 | |||||
|
|
| ||||||
716,038 | ||||||||
|
|
| ||||||
Real Estate— 1.5% | ||||||||
American Homes 4 Rent, Cl A‡ | 597 | 18,776 | ||||||
AvalonBay Communities‡ | 272 | 45,712 | ||||||
Crown Castle International‡ | 60 | 8,031 | ||||||
Equinix‡ | 179 | 129,066 | ||||||
Equity Residential‡ | 661 | 39,660 | ||||||
Healthpeak Properties‡ | 1,044 | 22,937 | ||||||
Jones Lang LaSalle* | 95 | 13,821 | ||||||
Prologis‡ | 1,794 | 223,837 | ||||||
Regency Centers‡ | 301 | 18,415 | ||||||
Welltower‡ | 919 | 65,883 | ||||||
|
|
| ||||||
586,138 | ||||||||
|
|
| ||||||
Utilities— 3.5% | ||||||||
AES | 1,295 | 31,184 | ||||||
Alliant Energy | 484 | 25,846 | ||||||
American Electric Power | 1,007 | 91,627 | ||||||
Avangrid | 133 | 5,304 | ||||||
CMS Energy | 563 | 34,557 | ||||||
Consolidated Edison | 691 | 66,108 | ||||||
Dominion Energy | 1,621 | 90,630 | ||||||
DTE Energy | 377 | 41,297 | ||||||
Edison International | 740 | 52,236 | ||||||
Entergy | 28 | 3,017 | ||||||
Eversource Energy | 675 | 52,825 | ||||||
Exelon | 1,926 | 80,680 | ||||||
FirstEnergy | 1,054 | 42,223 | ||||||
NextEra Energy | 3,859 | 297,452 | ||||||
NiSource | 787 | 22,004 | ||||||
NRG Energy | 447 | 15,328 | ||||||
PPL | 1,430 | 39,740 | ||||||
Public Service Enterprise Group | 967 | 60,389 | ||||||
Sempra Energy | 610 | 92,208 | ||||||
Southern | 2,117 | 147,301 | ||||||
WEC Energy Group | 612 | 58,011 | ||||||
Xcel Energy | 1,062 | 71,621 | ||||||
|
|
| ||||||
1,421,588 | ||||||||
|
|
| ||||||
Total Common Stock | 38,213,953 | |||||||
|
|
| ||||||
SHORT-TERM INVESTMENT — 5.9% | ||||||||
Invesco Government & Agency Portfolio, Cl Institutional, 4.73% (A) | 2,398,401 | 2,398,401 | ||||||
|
|
| ||||||
Total Short-Term Investment | 2,398,401 | |||||||
|
|
| ||||||
Total Investments - 100.0% | $ | 40,612,354 | ||||||
|
|
|
Percentages are based on Net Assets of $40,629,192.
* | Non-income producing security. |
‡ | Real Estate Investment Trust |
(A) | Rate shown represents the 7-day effective yield as of March 31, 2023. |
Cl — Class
PLC — Public Limited Company
IMP-QH-001-1000
Impact Shares
Affordable Housing MBS ETF
Schedule of Investments
March 31, 2023 (Unaudited)
Description | Face Amount/Shares | Fair Value | ||||||||
MORTGAGE-BACKED SECURITIES — 98.2% |
| |||||||||
Agency Mortgage-Backed Obligations — 98.2% |
| |||||||||
FHLMC | ||||||||||
6.000%, 12/01/2023 to 04/01/2053 | $ | 1,036,297 | $ | 1,060,989 | ||||||
5.500%, 02/01/2029 to 03/01/2053 | 560,857 | 567,808 | ||||||||
5.000%, 03/01/2050 to 04/01/2053 | 1,481,995 | 1,481,641 | ||||||||
4.500%, 01/01/2049 to 04/01/2053 | 3,078,355 | 3,023,474 | ||||||||
4.000%, 10/01/2037 to 01/01/2053 | 5,381,222 | 5,183,496 | ||||||||
3.500%, 10/01/2051 to 07/01/2052 | 4,189,110 | 3,897,543 | ||||||||
3.000%, 09/01/2034 to 08/01/2052 | 9,401,433 | 8,525,357 | ||||||||
2.500%, 08/01/2051 to 03/01/2052 | 7,563,331 | 6,542,310 | ||||||||
2.000%, 08/01/2035 to 01/01/2052 | 14,992,601 | 12,690,848 | ||||||||
1.500%, 08/01/2036 | 426,358 | 374,965 | ||||||||
FNMA | ||||||||||
6.000%, 11/01/2052 to 02/01/2053 | 315,119 | 323,165 | ||||||||
5.500%, 04/01/2031 to 04/01/2053 | 1,535,455 | 1,555,058 | ||||||||
5.000%, 12/01/2048 to 02/01/2053 | 3,147,299 | 3,144,643 | ||||||||
4.500%, 11/01/2048 to 12/01/2052 | 3,419,307 | 3,362,776 | ||||||||
4.000%, 07/01/2048 to 11/01/2052 | 4,708,384 | 4,523,161 | ||||||||
3.500%, 06/01/2028 to 06/01/2052 | 6,996,430 | 6,590,561 | ||||||||
3.000%, 04/01/2025 to 08/01/2052 | 5,389,633 | 4,913,039 | ||||||||
2.500%, 05/01/2026 to 04/01/2052 | 16,147,259 | 14,195,356 | ||||||||
2.000%, 04/01/2036 to 02/01/2052 | 16,797,312 | 14,103,952 | ||||||||
1.500%, 10/01/2036 | 501,723 | 442,680 | ||||||||
GNMA | ||||||||||
5.000%, 03/20/2050 | 138,565 | 140,913 | ||||||||
4.500%, 02/20/2050 | 386,140 | 384,057 | ||||||||
4.000%, 10/20/2050 to 01/20/2051 | 900,113 | 873,630 | ||||||||
3.500%, 12/20/2050 | 1,860,060 | 1,758,896 | ||||||||
3.000%, 03/20/2050 | 2,305,305 | 2,118,524 | ||||||||
2.500%, 08/20/2051 | 1,332,112 | 1,167,656 | ||||||||
|
|
| ||||||||
102,946,498 | ||||||||||
|
|
| ||||||||
Total Mortgage-Backed Securities |
| 102,946,498 | ||||||||
|
|
| ||||||||
SHORT-TERM INVESTMENT — 1.7% |
| |||||||||
Morgan Stanley Institutional Liquidity Fund, Government Portfolio Institutional Share Class, 4.73% (A) | 1,734,822 | 1,734,822 | ||||||||
|
|
| ||||||||
Total Short-Term Investment | 1,734,822 | |||||||||
|
|
|
Description | Fair Value | |||||||||||
Total Investments - 99.9% | $ | 104,681,320 | ||||||||||
|
|
|
Percentages are based on Net Assets of $104,823,288.
(A) | Rate shown represents the 7-day effective yield as of March 31, 2023. |
FHLMC — Federal Home Loan Mortgage Corporation
FNMA — Federal National Mortgage Association
GNMA — Government National Mortgage Association
IMP-QH-001-1000