Impact Shares
YWCA Women’s Empowerment ETF
Schedule of Investments
September 30, 2023 (Unaudited)
Description | Shares | Fair Value | ||||||
COMMON STOCK — 100.1% | ||||||||
Communication Services— 7.3% | ||||||||
AT&T | 15,340 | $ | 230,407 | |||||
Comcast, Cl A | 9,049 | 401,233 | ||||||
Interpublic Group | 835 | 23,931 | ||||||
Lumen Technologies* | 2,045 | 2,904 | ||||||
Match Group* | 586 | 22,956 | ||||||
Meta Platforms, Cl A* | 4,872 | 1,462,623 | ||||||
Omnicom Group | 440 | 32,771 | ||||||
Verizon Communications | 9,215 | 298,658 | ||||||
Walt Disney* | 4,011 | 325,092 | ||||||
|
|
| ||||||
2,800,575 | ||||||||
|
|
| ||||||
Consumer Discretionary— 10.8% | ||||||||
Amazon.com* | 14,824 | 1,884,427 | ||||||
Aptiv PLC* | 913 | 90,013 | ||||||
Best Buy | 635 | 44,113 | ||||||
Deckers Outdoor* | 86 | 44,212 | ||||||
DoorDash, Cl A* | 674 | 53,563 | ||||||
eBay | 1,695 | 74,733 | ||||||
Etsy* | 411 | 26,542 | ||||||
Expedia Group* | 451 | 46,485 | ||||||
General Motors | 4,418 | 145,661 | ||||||
Hasbro | 434 | 28,705 | ||||||
Lululemon Athletica* | 368 | 141,905 | ||||||
McDonald’s | 2,321 | 611,444 | ||||||
Starbucks | 3,648 | 332,953 | ||||||
Target | 990 | 109,464 | ||||||
TJX | 3,660 | 325,301 | ||||||
VF | 723 | 12,775 | ||||||
Williams-Sonoma | 205 | 31,857 | ||||||
Yum! Brands | 893 | 111,571 | ||||||
|
|
| ||||||
4,115,724 | ||||||||
|
|
| ||||||
Consumer Staples— 7.3% | ||||||||
Archer-Daniels-Midland | 1,183 | 89,222 | ||||||
Brown-Forman, Cl A | 141 | 8,192 | ||||||
Brown-Forman, Cl B | 421 | 24,287 | ||||||
Campbell Soup | 434 | 17,829 | ||||||
Church & Dwight | 524 | 48,014 | ||||||
Clorox | 265 | 34,731 | ||||||
Coca-Cola | 8,552 | 478,741 | ||||||
Colgate-Palmolive | 1,799 | 127,927 | ||||||
Conagra Brands | 1,031 | 28,270 | ||||||
Estee Lauder, Cl A | 499 | 72,130 | ||||||
General Mills | 1,277 | 81,715 | ||||||
Hershey | 316 | 63,225 | ||||||
J M Smucker | 231 | 28,392 | ||||||
Kellogg | 551 | 32,790 | ||||||
Kimberly-Clark | 725 | 87,616 | ||||||
Kraft Heinz | 1,710 | 57,525 | ||||||
Kroger | 1,399 | 62,605 | ||||||
Molson Coors Beverage, Cl B | 403 | 25,627 | ||||||
Mondelez International, Cl A | 2,573 | 178,566 | ||||||
PepsiCo | 3,018 | 511,370 | ||||||
Procter & Gamble | 5,168 | 753,805 | ||||||
|
|
| ||||||
2,812,579 | ||||||||
|
|
| ||||||
Energy— 6.2% | ||||||||
Baker Hughes, Cl A | 2,303 | 81,342 | ||||||
Chevron | 3,897 | 657,112 | ||||||
ConocoPhillips | 2,635 | 315,673 | ||||||
Exxon Mobil | 8,786 | 1,033,058 | ||||||
Occidental Petroleum | 1,455 | 94,400 | ||||||
Phillips 66 | 1,020 | 122,553 |
Description | Shares | Fair Value | ||||||
Williams | 2,564 | $ | 86,381 | |||||
|
|
| ||||||
2,390,519 | ||||||||
|
|
| ||||||
Financials— 13.5% | ||||||||
Allstate | 572 | 63,726 | ||||||
American Express | 1,286 | 191,858 | ||||||
American International Group | 1,603 | 97,142 | ||||||
Ameriprise Financial | 229 | 75,497 | ||||||
Bank of America | 15,018 | 411,193 | ||||||
Bank of New York Mellon | 1,579 | 67,344 | ||||||
BlackRock, Cl A | 309 | 199,765 | ||||||
Capital One Financial | 821 | 79,678 | ||||||
Citigroup | 4,159 | 171,060 | ||||||
Fifth Third Bancorp | 1,475 | 37,362 | ||||||
Goldman Sachs Group | 728 | 235,559 | ||||||
Hartford Financial Services Group | 687 | 48,715 | ||||||
Huntington Bancshares | 3,100 | 32,240 | ||||||
JPMorgan Chase | 1,046 | 151,691 | ||||||
KeyCorp | 2,007 | 21,595 | ||||||
Lincoln National | 333 | 8,222 | ||||||
Mastercard, Cl A | 1,824 | 722,140 | ||||||
MetLife | 1,424 | 89,584 | ||||||
Moody’s | 339 | 107,182 | ||||||
Morgan Stanley | 2,837 | 231,698 | ||||||
Northern Trust | 448 | 31,127 | ||||||
PayPal Holdings* | 2,454 | 143,461 | ||||||
Principal Financial Group | 491 | 35,386 | ||||||
Progressive | 1,260 | 175,518 | ||||||
Prudential Financial | 793 | 75,248 | ||||||
Regions Financial | 2,011 | 34,589 | ||||||
S&P Global | 717 | 261,999 | ||||||
State Street | 789 | 52,831 | ||||||
T Rowe Price Group | 479 | 50,233 | ||||||
US Bancorp | 3,413 | 112,834 | ||||||
Visa, Cl A | 3,513 | 808,025 | ||||||
Wells Fargo | 8,148 | 332,927 | ||||||
|
|
| ||||||
5,157,429 | ||||||||
|
|
| ||||||
Health Care— 13.9% | ||||||||
AbbVie | 3,878 | 578,055 | ||||||
Agilent Technologies | 637 | 71,230 | ||||||
Amgen | 1,178 | 316,599 | ||||||
Baxter International | 1,088 | 41,061 | ||||||
Biogen* | 310 | 79,673 | ||||||
BioMarin Pharmaceutical* | 400 | 35,392 | ||||||
Bristol-Myers Squibb | 4,579 | 265,765 | ||||||
Cardinal Health | 565 | 49,053 | ||||||
Cencora, Cl A | 347 | 62,450 | ||||||
Cigna Group | 658 | 188,234 | ||||||
Elevance Health | 513 | 223,370 | ||||||
Eli Lilly | 28 | 15,040 | ||||||
Gilead Sciences | 2,702 | 202,488 | ||||||
Johnson & Johnson | 5,279 | 822,204 | ||||||
Merck | 5,562 | 572,608 | ||||||
Pfizer | 12,377 | 410,545 | ||||||
Regeneron Pharmaceuticals* | 231 | 190,104 | ||||||
UnitedHealth Group | 2,030 | 1,023,506 | ||||||
Vertex Pharmaceuticals* | 552 | 191,952 | ||||||
|
|
| ||||||
5,339,329 | ||||||||
|
|
| ||||||
Industrials— 9.3% | ||||||||
3M | 1,188 | 111,221 | ||||||
Automatic Data Processing | 892 | 214,597 | ||||||
Avis Budget Group* | 49 | 8,805 | ||||||
Booz Allen Hamilton Holding, Cl A | 284 | 31,033 | ||||||
Carrier Global | 1,761 | 97,207 | ||||||
Caterpillar | 1,122 | 306,306 |
Impact Shares
YWCA Women’s Empowerment ETF
Schedule of Investments
September 30, 2023 (Unaudited)
Description | Shares | Fair Value | ||||||
Cummins | 316 | $ | 72,193 | |||||
Delta Air Lines | 1,377 | 50,949 | ||||||
Eaton PLC | 856 | 182,568 | ||||||
Emerson Electric | 1,274 | 123,030 | ||||||
Fortive | 1,559 | 115,616 | ||||||
General Electric | 2,348 | 259,571 | ||||||
Honeywell International | 60 | 11,084 | ||||||
Ingersoll Rand | 852 | 54,290 | ||||||
Johnson Controls International PLC | 1,481 | 78,804 | ||||||
Norfolk Southern | 498 | 98,071 | ||||||
Owens Corning | 201 | 27,419 | ||||||
Paychex | 675 | 77,848 | ||||||
Pentair PLC | 355 | 22,986 | ||||||
Republic Services, Cl A | 432 | 61,564 | ||||||
Robert Half International | 234 | 17,148 | ||||||
Rockwell Automation | 247 | 70,610 | ||||||
Southwest Airlines | 1,273 | 34,460 | ||||||
Stanley Black & Decker | 309 | 25,826 | ||||||
Trane Technologies PLC | 485 | 98,411 | ||||||
TransUnion | 414 | 29,721 | ||||||
Uber Technologies* | 8,958 | 411,978 | ||||||
Union Pacific | 1,323 | 269,403 | ||||||
United Parcel Service, Cl B | 1,569 | 244,560 | ||||||
Verisk Analytics, Cl A | 338 | 79,849 | ||||||
Waste Management | 804 | 122,562 | ||||||
WEX* | 188 | 35,361 | ||||||
WW Grainger | 97 | 67,108 | ||||||
Xylem | 528 | 48,064 | ||||||
|
|
| ||||||
3,560,223 | ||||||||
|
|
| ||||||
Information Technology— 26.6% | ||||||||
Accenture PLC, Cl A | 2,769 | 850,387 | ||||||
Adobe* | 2,000 | 1,019,800 | ||||||
ANSYS* | 385 | 114,557 | ||||||
Apple | 10,642 | 1,822,017 | ||||||
Autodesk* | 943 | 195,116 | ||||||
HP | 3,848 | 98,893 | ||||||
Intel | 18,389 | 653,729 | ||||||
International Business Machines | 3,993 | 560,218 | ||||||
Intuit | 1,228 | 627,434 | ||||||
Keysight Technologies* | 782 | 103,467 | ||||||
Motorola Solutions | 732 | 199,280 | ||||||
NVIDIA | 3,152 | 1,371,088 | ||||||
Okta, Cl A* | 680 | 55,427 | ||||||
QUALCOMM | 4,892 | 543,306 | ||||||
Salesforce* | 4,269 | 865,668 | ||||||
ServiceNow* | 894 | 499,710 | ||||||
Splunk* | 668 | 97,695 | ||||||
TE Connectivity | 1,376 | 169,977 | ||||||
VMware, Cl A* | 962 | 160,154 | ||||||
Workday, Cl A* | 902 | 193,795 | ||||||
|
|
| ||||||
10,201,718 | ||||||||
|
|
| ||||||
Materials— 1.7% | ||||||||
Air Products and Chemicals | 477 | 135,182 | ||||||
Alcoa | 371 | 10,781 | ||||||
Avery Dennison | 263 | 48,042 | ||||||
Celanese, Cl A | 215 | 26,987 | ||||||
Dow | 1,514 | 78,062 | ||||||
DuPont de Nemours | 1,071 | 79,886 | ||||||
Ecolab | 533 | 90,290 | ||||||
International Flavors & Fragrances | 548 | 37,357 | ||||||
Newmont | 1,710 | 63,185 | ||||||
PPG Industries | 505 | 65,549 | ||||||
|
|
| ||||||
635,321 | ||||||||
|
|
|
Description | Shares | Fair Value | ||||||
Real Estate— 1.5% | ||||||||
Boston Properties‡ | 300 | $ | 17,844 | |||||
CBRE Group, Cl A* | 679 | 50,151 | ||||||
Equinix‡ | 199 | 144,526 | ||||||
Equity LifeStyle Properties‡ | 376 | 23,955 | ||||||
Essex Property Trust‡ | 141 | 29,905 | ||||||
Healthpeak Properties‡ | 1,157 | 21,243 | ||||||
Host Hotels & Resorts‡ | 1,538 | 24,716 | ||||||
Invitation Homes‡ | 1,221 | 38,693 | ||||||
Iron Mountain‡ | 625 | 37,156 | ||||||
Jones Lang LaSalle* | 102 | 14,400 | ||||||
Mid-America Apartment Communities‡ | 248 | 31,905 | ||||||
Ventas‡ | 860 | 36,232 | ||||||
Welltower‡ | 1,137 | 93,143 | ||||||
Zillow Group, Cl A* | 121 | 5,420 | ||||||
Zillow Group, Cl C* | 340 | 15,694 | ||||||
|
|
| ||||||
584,983 | ||||||||
|
|
| ||||||
Utilities— 2.0% | ||||||||
American Water Works | 391 | 48,417 | ||||||
Avangrid | 157 | 4,737 | ||||||
CenterPoint Energy | 1,351 | 36,274 | ||||||
CMS Energy | 624 | 33,141 | ||||||
Consolidated Edison | 764 | 65,345 | ||||||
Dominion Energy | 1,792 | 80,049 | ||||||
Edison International | 822 | 52,024 | ||||||
Entergy | 476 | 44,030 | ||||||
Exelon | 2,131 | 80,531 | ||||||
NiSource | 872 | 21,521 | ||||||
PG&E* | 4,584 | 73,940 | ||||||
PPL | 1,581 | 37,248 | ||||||
Public Service Enterprise Group | 1,050 | 59,755 | ||||||
Sempra Energy | 1,351 | 91,909 | ||||||
Vistra | 808 | 26,809 | ||||||
|
|
| ||||||
755,730 | ||||||||
|
|
| ||||||
Total Common Stock | 38,354,130 | |||||||
|
|
| ||||||
SHORT-TERM INVESTMENT — 0.1% | ||||||||
Invesco Government & Agency Portfolio, Cl Institutional, 5.262% (A) | 42,191 | 42,191 | ||||||
|
|
| ||||||
Total Short-Term Investment | 42,191 | |||||||
|
|
| ||||||
Total Investments - 100.2% | $ | 38,396,321 | ||||||
|
|
|
Percentages are based on Net Assets of $38,310,876.
* | Non-income producing security. |
‡ | Real Estate Investment Trust |
(A) | Rate shown represents the 7-day effective yield as of September 30, 2023. |
Cl — Class
PLC — Public Limited Company
IMP-QH-001-1100
Impact Shares
NAACP Minority Empowerment ETF
Schedule of Investments
September 30, 2023 (Unaudited)
Description | Shares | Fair Value | ||||||
COMMON STOCK — 93.8% | ||||||||
Communication Services— 11.1% | ||||||||
Alphabet, Cl A* | 8,975 | $ | 1,174,469 | |||||
Alphabet, Cl C* | 7,955 | 1,048,867 | ||||||
AT&T | 14,591 | 219,157 | ||||||
Electronic Arts | 538 | 64,775 | ||||||
Interpublic Group | 810 | 23,215 | ||||||
Lumen Technologies* | 1,955 | 2,776 | ||||||
Meta Platforms, Cl A* | 4,611 | 1,384,268 | ||||||
Verizon Communications | 8,601 | 278,758 | ||||||
|
| |||||||
4,196,285 | ||||||||
|
| |||||||
Consumer Discretionary— 9.0% | ||||||||
Amazon.com* | 9,966 | 1,266,878 | ||||||
Aptiv PLC* | 458 | 45,154 | ||||||
BorgWarner | 405 | 16,350 | ||||||
Dollar Tree* | 355 | 37,790 | ||||||
eBay | 917 | 40,430 | ||||||
Ford Motor | 6,699 | 83,201 | ||||||
General Motors | 2,409 | 79,425 | ||||||
Hasbro | 223 | 14,749 | ||||||
Lear | 100 | 13,420 | ||||||
Lowe’s | 1,052 | 218,648 | ||||||
MercadoLibre* | 77 | 97,627 | ||||||
NIKE, Cl B | 2,137 | 204,340 | ||||||
Phinia | 86 | 2,299 | ||||||
Royal Caribbean Cruises* | 374 | 34,460 | ||||||
Target | 778 | 86,023 | ||||||
Tesla* | 4,567 | 1,142,755 | ||||||
VF | 559 | 9,878 | ||||||
|
| |||||||
3,393,427 | ||||||||
|
| |||||||
Consumer Staples— 4.0% | ||||||||
Archer-Daniels-Midland | 929 | 70,065 | ||||||
Bunge | 255 | 27,604 | ||||||
Campbell Soup | 341 | 14,008 | ||||||
Clorox | 210 | 27,523 | ||||||
Coca-Cola | 6,592 | 369,020 | ||||||
Constellation Brands, Cl A | 274 | 68,864 | ||||||
Hormel Foods | 491 | 18,673 | ||||||
J M Smucker | 180 | 22,124 | ||||||
Kellogg | 434 | 25,827 | ||||||
Kimberly-Clark | 572 | 69,126 | ||||||
Kraft Heinz | 1,350 | 45,414 | ||||||
Kroger | 1,104 | 49,404 | ||||||
Molson Coors Beverage, Cl B | 318 | 20,222 | ||||||
Mondelez International, Cl A | 2,312 | 160,453 | ||||||
PepsiCo | 2,334 | 395,473 | ||||||
Sysco | 859 | 56,737 | ||||||
Tyson Foods, Cl A | 492 | 24,841 | ||||||
US Foods Holding* | 354 | 14,054 | ||||||
Walgreens Boots Alliance | 1,215 | 27,021 | ||||||
|
| |||||||
1,506,453 | ||||||||
|
| |||||||
Energy— 6.0% | ||||||||
Cheniere Energy | 421 | 69,869 | ||||||
Chevron | 3,015 | 508,389 | ||||||
ConocoPhillips | 2,112 | 253,018 | ||||||
Devon Energy | 1,108 | 52,852 | ||||||
Exxon Mobil | 6,973 | 819,885 | ||||||
Hess | 470 | 71,910 | ||||||
Kinder Morgan | 3,355 | 55,626 | ||||||
Marathon Petroleum | 793 | 120,013 | ||||||
ONEOK | 757 | 48,016 | ||||||
Phillips 66 | 800 | 96,120 |
Description | Shares | Fair Value | ||||||
Range Resources | 73 | $ | 2,366 | |||||
Valero Energy | 652 | 92,395 | ||||||
Williams | 2,064 | 69,536 | ||||||
|
| |||||||
2,259,995 | ||||||||
|
| |||||||
Financials— 10.2% | ||||||||
American Express | 1,014 | 151,279 | ||||||
Aon PLC, Cl A | 352 | 114,125 | ||||||
Bank of America | 11,819 | 323,604 | ||||||
Bank of New York Mellon | 1,247 | 53,185 | ||||||
Charles Schwab | 2,588 | 142,081 | ||||||
Citigroup | 3,284 | 135,071 | ||||||
Huntington Bancshares | 2,442 | 25,397 | ||||||
JPMorgan Chase | 4,970 | 720,749 | ||||||
Mastercard, Cl A | 1,439 | 569,714 | ||||||
MetLife | 1,115 | 70,145 | ||||||
Moody’s | 266 | 84,101 | ||||||
Morgan Stanley | 2,233 | 182,369 | ||||||
Nasdaq | 574 | 27,891 | ||||||
PayPal Holdings* | 1,933 | 113,003 | ||||||
PNC Financial Services Group | 684 | 83,975 | ||||||
Regions Financial | 1,584 | 27,245 | ||||||
S&P Global | 564 | 206,091 | ||||||
Synchrony Financial | 763 | 23,325 | ||||||
T Rowe Price Group | 378 | 39,641 | ||||||
Travelers | 398 | 64,997 | ||||||
Truist Financial | 2,248 | 64,315 | ||||||
Visa, Cl A | 2,770 | 637,128 | ||||||
|
| |||||||
3,859,431 | ||||||||
|
| |||||||
Health Care— 13.1% | ||||||||
Abbott Laboratories | 2,954 | 286,095 | ||||||
AbbVie | 2,993 | 446,137 | ||||||
Agilent Technologies | 503 | 56,245 | ||||||
Baxter International | 851 | 32,117 | ||||||
Becton Dickinson | 484 | 125,128 | ||||||
Biogen* | 244 | 62,710 | ||||||
Boston Scientific* | 2,426 | 128,093 | ||||||
Bristol-Myers Squibb | 3,598 | 208,828 | ||||||
Cigna Group | 518 | 148,184 | ||||||
CVS Health | 2,228 | 155,559 | ||||||
Edwards Lifesciences* | 1,047 | 72,536 | ||||||
Elevance Health | 411 | 178,958 | ||||||
Fortrea Holdings* | 151 | 4,317 | ||||||
Gilead Sciences | 2,121 | 158,948 | ||||||
Illumina* | 268 | 36,791 | ||||||
Johnson & Johnson | 4,423 | 688,882 | ||||||
Laboratory Corp of America Holdings | 151 | 30,358 | ||||||
Medtronic PLC | 2,247 | 176,075 | ||||||
Merck | 4,287 | 441,347 | ||||||
Pfizer | 9,482 | 314,518 | ||||||
Quest Diagnostics | 193 | 23,519 | ||||||
ResMed | 249 | 36,820 | ||||||
Teleflex | 78 | 15,320 | ||||||
Thermo Fisher Scientific | 664 | 336,097 | ||||||
UnitedHealth Group | 1,584 | 798,637 | ||||||
|
| |||||||
4,962,219 | ||||||||
|
| |||||||
Industrials— 8.2% | ||||||||
3M | 935 | 87,535 | ||||||
AECOM | 241 | 20,013 | ||||||
American Airlines Group* | 1,104 | 14,142 | ||||||
AMETEK | 390 | 57,626 | ||||||
Automatic Data Processing | 702 | 168,887 | ||||||
Boeing* | 949 | 181,904 | ||||||
Booz Allen Hamilton Holding, Cl A | 223 | 24,367 |
Impact Shares
NAACP Minority Empowerment ETF
Schedule of Investments
September 30, 2023 (Unaudited)
Description | Shares | Fair Value | ||||||
CSX | 3,564 | $ | 109,593 | |||||
Cummins | 239 | 54,602 | ||||||
Deere | 465 | 175,482 | ||||||
Delta Air Lines | 1,089 | 40,293 | ||||||
Eaton PLC | 674 | 143,751 | ||||||
Emerson Electric | 1,002 | 96,763 | ||||||
Expeditors International of Washington | 269 | 30,836 | ||||||
FedEx | 407 | 107,822 | ||||||
General Electric | 1,854 | 204,960 | ||||||
Honeywell International | 1,140 | 210,603 | ||||||
Howmet Aerospace | 624 | 28,860 | ||||||
Illinois Tool Works | 473 | 108,937 | ||||||
Jacobs Solutions | 219 | 29,894 | ||||||
JB Hunt Transport Services | 140 | 26,393 | ||||||
Johnson Controls International PLC | 1,190 | 63,320 | ||||||
Lennox International | 56 | 20,969 | ||||||
Lincoln Electric Holdings | 100 | 18,179 | ||||||
Nordson | 91 | 20,308 | ||||||
Northrop Grumman | 246 | 108,287 | ||||||
Rockwell Automation | 195 | 55,745 | ||||||
Southwest Airlines | 1,006 | 27,232 | ||||||
Stanley Black & Decker | 251 | 20,978 | ||||||
Textron | 352 | 27,505 | ||||||
Uber Technologies* | 6,984 | 321,194 | ||||||
Union Pacific | 1,041 | 211,979 | ||||||
United Airlines Holdings* | 556 | 23,519 | ||||||
United Parcel Service, Cl B | 1,239 | 193,123 | ||||||
United Rentals | 119 | 52,904 | ||||||
Xylem | 307 | 27,946 | ||||||
|
|
| ||||||
3,116,451 | ||||||||
|
|
| ||||||
Information Technology— 26.7% | ||||||||
Accenture PLC, Cl A | 2,204 | 676,870 | ||||||
Apple | 11,547 | 1,976,962 | ||||||
Cisco Systems | 14,353 | 771,617 | ||||||
Dell Technologies, Cl C | 905 | 62,354 | ||||||
HP | 3,094 | 79,516 | ||||||
Intel | 14,437 | 513,235 | ||||||
International Business Machines | 3,159 | 443,208 | ||||||
Micron Technology | 3,796 | 258,242 | ||||||
NVIDIA | 8,728 | 3,796,593 | ||||||
Palo Alto Networks* | 1,021 | 239,363 | ||||||
QUALCOMM | 3,916 | 434,911 | ||||||
Salesforce* | 3,503 | 710,338 | ||||||
Workday, Cl A* | 704 | 151,255 | ||||||
|
|
| ||||||
10,114,464 | ||||||||
|
|
| ||||||
Materials— 1.5% | ||||||||
Albemarle | 199 | 33,838 | ||||||
Alcoa | 301 | 8,747 | ||||||
CF Industries Holdings | 332 | 28,466 | ||||||
DuPont de Nemours | 844 | 62,954 | ||||||
Eastman Chemical | 204 | 15,651 | ||||||
Ecolab | 419 | 70,979 | ||||||
FMC | 215 | 14,399 | ||||||
Freeport-McMoRan, Cl B | 2,424 | 90,391 | ||||||
International Flavors & Fragrances | 432 | 29,449 | ||||||
Martin Marietta Materials | 106 | 43,511 | ||||||
Mosaic | 577 | 20,541 | ||||||
Newmont | 1,345 | 49,698 | ||||||
PPG Industries | 399 | 51,790 | ||||||
Southern Copper | 147 | 11,067 | ||||||
Vulcan Materials | 224 | 45,252 | ||||||
|
|
| ||||||
576,733 | ||||||||
|
|
|
Description | Shares | Fair Value | ||||||
Real Estate— 1.3% | ||||||||
American Homes 4 Rent, Cl A‡ | 520 | $ | 17,519 | |||||
AvalonBay Communities‡ | 237 | 40,702 | ||||||
Equinix‡ | 158 | 114,749 | ||||||
Equity Residential‡ | 577 | 33,876 | ||||||
Healthpeak Properties‡ | 911 | 16,726 | ||||||
Jones Lang LaSalle* | 81 | 11,436 | ||||||
Prologis‡ | 1,563 | 175,384 | ||||||
Regency Centers‡ | 259 | 15,395 | ||||||
Welltower‡ | 800 | 65,536 | ||||||
|
|
| ||||||
491,323 | ||||||||
|
|
| ||||||
Utilities— 2.7% | ||||||||
AES | 1,134 | 17,237 | ||||||
Alliant Energy | 421 | 20,397 | ||||||
American Electric Power | 881 | 66,269 | ||||||
Avangrid | 119 | 3,590 | ||||||
CMS Energy | 493 | 26,183 | ||||||
Consolidated Edison | 600 | 51,318 | ||||||
Dominion Energy | 1,411 | 63,029 | ||||||
DTE Energy | 328 | 32,564 | ||||||
Edison International | 649 | 41,075 | ||||||
Eversource Energy | 591 | 34,367 | ||||||
Exelon | 1,681 | 63,525 | ||||||
FirstEnergy | 921 | 31,480 | ||||||
NextEra Energy | 3,369 | 193,010 | ||||||
NiSource | 689 | 17,005 | ||||||
NRG Energy | 391 | 15,061 | ||||||
PPL | 1,248 | 29,403 | ||||||
Public Service Enterprise Group | 848 | 48,260 | ||||||
Sempra Energy | 1,066 | 72,520 | ||||||
Southern | 1,844 | 119,344 | ||||||
WEC Energy Group | 535 | 43,094 | ||||||
Xcel Energy | 929 | 53,157 | ||||||
|
|
| ||||||
1,041,888 | ||||||||
|
|
| ||||||
Total Common Stock | 35,518,669 | |||||||
|
|
| ||||||
SHORT-TERM INVESTMENT — 6.2% | ||||||||
Invesco Government & Agency Portfolio, Cl Institutional, 5.262% (A) | 2,336,836 | 2,336,836 | ||||||
|
|
| ||||||
Total Short-Term Investment | 2,336,836 | |||||||
|
|
| ||||||
Total Investments - 100.0% | $ | 37,855,505 | ||||||
|
|
|
Percentages are based on Net Assets of $37,871,974.
* | Non-income producing security. |
‡ | Real Estate Investment Trust |
(A) | Rate shown represents the 7-day effective yield as of September 30, 2023. |
Cl — Class
PLC — Public Limited Company
IMP-QH-001-1100
Impact Shares
Affordable Housing MBS ETF
Schedule of Investments
September 30, 2023 (Unaudited)
Description | Face Amount/Shares | Fair Value | ||||||||
MORTGAGE-BACKED SECURITIES — 98.8% |
| |||||||||
Agency Mortgage-Backed Obligations — 98.8% |
| |||||||||
FHLMC | ||||||||||
6.000%, 12/01/2023 to 06/01/2053 | $ | 1,276,613 | $ | 1,263,013 | ||||||
5.500%, 02/01/2029 to 09/01/2053 | 1,739,538 | 1,685,540 | ||||||||
5.000%, 03/01/2050 to 09/01/2053 | 1,997,252 | 1,888,933 | ||||||||
4.500%, 09/01/2052 to 05/01/2053 | 1,639,945 | 1,506,890 | ||||||||
4.000%, 10/01/2037 to 11/01/2052 | 2,195,209 | 2,001,605 | ||||||||
3.500%, 10/01/2051 to 08/01/2052 | 5,085,435 | 4,383,758 | ||||||||
3.000%, 09/01/2034 to 08/01/2052 | 9,455,099 | 7,933,821 | ||||||||
2.500%, 08/01/2051 to 03/01/2052 | 9,091,902 | 7,241,604 | ||||||||
2.000%, 08/01/2036 to 01/01/2052 | 13,745,247 | 10,757,684 | ||||||||
1.500%,08/01/2036 | 403,043 | 337,935 | ||||||||
FNMA | ||||||||||
6.500%,08/01/2053 | 632,229 | 635,283 | ||||||||
6.000%, 11/01/2052 to 09/01/2053 | 1,407,506 | 1,391,659 | ||||||||
5.500%, 04/01/2031 to 10/01/2053 | 4,521,099 | 4,375,947 | ||||||||
5.000%, 12/01/2048 to 10/01/2053 | 5,340,974 | 5,047,388 | ||||||||
4.500%, 11/01/2052 to 09/01/2053 | 5,948,269 | 5,463,613 | ||||||||
4.000%, 03/01/2049 to 09/01/2053 | 8,977,635 | 8,002,255 | ||||||||
3.500%, 06/01/2028 to 06/01/2052 | 6,697,994 | 5,876,310 | ||||||||
3.000%, 04/01/2025 to 08/01/2052 | 6,030,944 | 5,070,289 | ||||||||
2.500%, 05/01/2026 to 04/01/2052 | 15,419,068 | 12,582,398 | ||||||||
2.000%, 04/01/2036 to 02/01/2052 | 18,965,442 | 14,692,278 | ||||||||
1.500%, 10/01/2036 | 482,318 | 404,429 | ||||||||
GNMA | ||||||||||
5.000%,03/20/2050 | 127,891 | 123,270 | ||||||||
4.500%,02/20/2050 | 363,182 | 340,256 | ||||||||
4.000%, 10/20/2050 to 01/20/2051 | 143,131 | 130,405 | ||||||||
3.500%,12/20/2050 | 1,756,896 | 1,548,082 | ||||||||
3.000%,03/20/2050 | 2,162,695 | 1,844,804 | ||||||||
2.500%,08/20/2051 | 1,176,937 | 958,457 | ||||||||
|
|
| ||||||||
Total Mortgage-Backed Securities | 107,487,906 | |||||||||
|
|
| ||||||||
SHORT-TERM INVESTMENT — 1.8% |
| |||||||||
Morgan Stanley Institutional Liquidity Fund, Government Portfolio Institutional Class, 5.110% (A) | 2,013,229 | 2,013,229 | ||||||||
|
|
| ||||||||
Total Short-Term Investment | 2,013,229 | |||||||||
|
|
| ||||||||
Total Investments - 100.6% | $ | 109,501,135 | ||||||||
|
|
|
Percentages are based on Net Assets of $108,859,415.
(A) | Rate shown represents the 7-day effective yield as of September 30, 2023. |
FHLMC — Federal Home Loan Mortgage Corporation
FNMA — Federal National Mortgage Association
GNMA — Government National Mortgage Association
IMP-QH-001-1100