NPORT-EX 2 reverb.htm
Reverb ETF
Schedule of Investments
at July 31, 2023 (Unaudited)

           
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Value
  
   
COMMON STOCKS - 97.70%
      
   
Accounting, Tax Preparation, Bookkeeping, and Payroll Services - 0.10%
      
20
  
Paychex, Inc.
 $
        2,509
  
           
   
Advertising, Public Relations, and Related Services - 0.13%
      
10
  
Omnicom Group, Inc.
  
846
  
26
  
Trade Desk, Inc. - Class A*
  
2,373
  
       
3,219
  
   
Aerospace Product and Parts Manufacturing - 1.42%
      
32
  
Boeing Co.*
  
7,644
  
14
  
General Dynamics Corp.
  
3,130
  
8
  
HEICO Corp.
  
1,123
  
36
  
Honeywell International, Inc.
  
6,989
  
14
  
Lockheed Martin Corp.
  
6,249
  
80
  
Raytheon Technologies Corp.
  
7,034
  
2
  
TransDigm Group, Inc.
  
1,799
  
       
33,968
  
   
Agencies, Brokerages, and Other Insurance Related Activities - 0.64%
      
12
  
Aon plc - Class A#
  
3,822
  
12
  
Arthur J Gallagher & Co.
  
2,578
  
16
  
Brown & Brown, Inc.
  
1,127
  
26
  
Marsh & McLennan Cos., Inc.
  
4,898
  
32
  
Sun Life Financial, Inc.#
  
1,684
  
6
  
Willis Towers Watson plc#
  
1,268
  
       
15,377
  
   
Agriculture, Construction, and Mining Machinery Manufacturing - 0.60%
      
28
  
Caterpillar, Inc.
  
7,424
  
16
  
Deere & Co.
  
6,874
  
       
14,298
  
   
Alumina and Aluminum Production and Processing - 0.05%
      
22
  
Howmet Aerospace, Inc.
  
1,125
  
           
   
Animal Slaughtering and Processing - 0.10%
      
30
  
Hormel Foods Corp.
  
1,227
  
20
  
Tyson Foods, Inc.
  
1,114
  
       
2,341
  
   
Architectural and Structural Metals Manufacturing - 0.10%
      
14
  
Nucor Corp.
  
2,409
  
           
   
Architectural, Engineering, and Related Services - 0.06%
      
6
  
Jacobs Solutions, Inc.
  
752
  
2
  
Teledyne Technologies, Inc.*
  
770
  
       
1,522
  
   
Automotive Parts, Accessories, and Tire Stores - 0.15%
      
4
  
O'Reilly Automotive, Inc.*
  
3,703
  
           
   
Basic Chemical Manufacturing - 0.48%
      
2
  
FMC Corp.
  
192
  
14
  
International Flavors & Fragrances, Inc.
  
1,185
  
26
  
Linde plc#
  
10,157
  
       
11,534
  
   
Beverage Manufacturing - 1.71%
      
26
  
Brown-Forman Corp.
  
1,836
  
236
  
Coca-Cola Co.
  
14,615
  
26
  
Coca-Cola Europacific Partners plc#
  
1,648
  
10
  
Constellation Brands, Inc.
  
2,728
  
76
  
Keurig Dr Pepper, Inc.
  
2,585
  
58
  
Monster Beverage Corp. *
  
3,334
  
76
  
PepsiCo, Inc.
  
14,247
  
       
40,993
  
   
Boiler, Tank, and Shipping Container Manufacturing - 0.04%
      
18
  
Ball Corp.
  
1,056
  
           
   
Building Equipment Contractors - 0.07%
      
8
  
Quanta Services, Inc.
  
1,613
  
           
   
Building Material and Supplies Dealers - 1.07%
      
54
  
Home Depot, Inc.
  
18,026
  
32
  
Lowe's Cos., Inc.
  
7,497
  
       
25,523
  
   
Business Support Services - 3.02%
      
6
  
Broadridge Financial Solutions, Inc.
  
1,008
  
12
  
Coinbase Global, Inc.*
  
1,183
  
6
  
Equifax, Inc.
  
1,224
  
2
  
Fair Isaac Corp.*
  
1,676
  
32
  
Fidelity National Information Services, Inc.
  
1,932
  
4
  
FleetCor Technologies, Inc.*
  
996
  
14
  
Global Payments, Inc.
  
1,544
  
12
  
Live Nation Entertainment, Inc.*
  
1,053
  
52
  
Mastercard, Inc. - Class A
  
20,502
  
10
  
Moody's Corp.
  
3,528
  
4
  
MSCI, Inc.
  
2,192
  
256
  
NU Holdings Ltd. - Class A*#
  
2,038
  
60
  
PayPal Holdings, Inc.*
  
4,549
  
34
  
ROBLOX Corp.*
  
1,335
  
6
  
Royalty Pharma plc - Class A#
  
188
  
114
  
Visa, Inc.
  
27,100
  
       
72,048
  
   
Cable and Other Subscription Programming - 0.59%
      
228
  
Comcast Corp.
  
10,320
  
12
  
Liberty Media Corp-Liberty Formula One*
  
871
  
28
  
Rogers Communications, Inc. - Class B#
  
1,226
  
134
  
Warner Bros Discovery, Inc.*
  
1,751
  
       
14,168
  
   
Clothing Stores - 0.57%
      
8
  
Charter Communications, Inc.*
  
3,242
  
48
  
KKR & Co., Inc.
  
2,850
  
18
  
Ross Stores, Inc.
  
2,064
  
62
  
TJX Cos., Inc.
  
5,365
  
       
13,521
  
   
Commercial and Industrial Machinery and Equipment Rental and Leasing - 0.09%
      
4
  
AerCap Holdings N.V.*#
  
255
  
4
  
United Rentals, Inc.
  
1,859
  
       
2,114
  
   
Commercial and Service Industry Machinery Manufacturing - 0.17%
      
8
  
KLA Corp.
  
4,112
  
           
   
Communications Equipment Manufacturing - 7.27%
      
830
  
Apple, Inc.
  
163,054
  
10
  
Motorola Solutions, Inc.
  
2,866
  
60
  
QUALCOMM, Inc.
  
7,930
  
       
173,850
  
   
Computer and Peripheral Equipment Manufacturing - 1.24%
      
16
  
Arista Networks, Inc.*
  
2,481
  
222
  
Cisco Systems, Inc.
  
11,553
  
40
  
Dell Technologies, Inc.
  
2,117
  
42
  
Fortinet, Inc.*
  
3,264
  
54
  
HP, Inc.
  
1,773
  
50
  
International Business Machines Corp.
  
7,209
  
8
  
NetApp, Inc.
  
624
  
2
  
Super Micro Computer, Inc.*
  
661
  
       
29,682
  
   
Computer Systems Design and Related Services - 1.98%
      
8
  
CDW Corp.
  
1,497
  
12
  
CGI, Inc.*#
  
1,219
  
28
  
Cognizant Technology Solutions Corp.
  
1,849
  
4
  
ICON plc*#
  
1,006
  
148
  
Oracle Corp.
  
17,350
  
116
  
Palantir Technologies, Inc.*
  
2,301
  
16
  
Palo Alto Networks, Inc.*
  
3,999
  
4
  
Paycom Software, Inc.
  
1,475
  
12
  
ServiceNow, Inc.*
  
6,996
  
88
  
Snap, Inc. - Class A*
  
1,000
  
18
  
Snowflake, Inc. - Class A*
  
3,199
  
16
  
Unity Software, Inc. *
  
733
  
14
  
Workday, Inc. - Class A*
  
3,320
  
8
  
Zscaler, Inc.*
  
1,283
  
       
47,227
  
   
Consumer Goods Rental - 0.44%
      
24
  
Netflix, Inc.*
  
10,535
  
           
   
Converted Paper Product Manufacturing - 0.11%
      
2
  
Avery Dennison Corp.
  
368
  
18
  
Kimberly-Clark Corp.
  
2,324
  
       
2,692
  
   
Couriers and Express Delivery Services - 0.52%
      
14
  
FedEx Corp.
  
3,779
  
46
  
United Parcel Service, Inc. - Class B
  
8,608
  
       
12,387
  
   
Cut and Sew Apparel Manufacturing - 0.09%
      
6
  
Lululemon Athletica, Inc.*
  
2,271
  
           
   
Dairy Product Manufacturing - 0.33%
      
68
  
Kraft Heinz Co.
  
2,460
  
74
  
Mondelez International, Inc. - Class A
  
5,486
  
       
7,946
  
   
Data Processing, Hosting, and Related Services - 0.74%
      
34
  
Airbnb, Inc.*
  
5,174
  
22
  
Automatic Data Processing, Inc.
  
5,440
  
2
  
FactSet Research Systems, Inc.
  
870
  
34
  
Fiserv, Inc.*
  
4,291
  
8
  
Verisk Analytics, Inc.
  
1,832
  
       
17,607
  
   
Deep Sea, Coastal, and Great Lakes Water Transportation - 0.06%
      
14
  
Royal Caribbean Group*#
  
1,528
  
           
   
Department Stores - 0.95%
      
142
  
Walmart, Inc.
  
22,700
  
           
   
Depository Credit Intermediation - 3.81%
      
436
  
Bank of America Corp.
  
13,951
  
38
  
Bank of Montreal#
  
3,531
  
44
  
Bank of New York Mellon Corp.
  
1,996
  
66
  
Bank of Nova Scotia#
  
3,324
  
50
  
Canadian Imperial Bank of Commerce#
  
2,204
  
20
  
Capital One Financial Corp.
  
2,340
  
106
  
Citigroup, Inc.
  
5,052
  
112
  
Deutsche Bank AG#
  
1,247
  
14
  
Discover Financial Services
  
1,478
  
80
  
Huntington Bancshares, Inc.
  
979
  
160
  
JPMorgan Chase & Co.
  
25,273
  
12
  
KeyCorp
  
148
  
10
  
M&T Bank Corp.
  
1,399
  
12
  
Northern Trust Corp.
  
961
  
22
  
PNC Financial Services Group, Inc.
  
3,012
  
52
  
Regions Financial Corp.
  
1,059
  
18
  
State Street Corp.
  
1,304
  
6
  
Synchrony Financial
  
207
  
100
  
Toronto-Dominion Bank#
  
6,594
  
72
  
Truist Financial Corp.
  
2,392
  
84
  
U.S. Bancorp
  
3,333
  
204
  
Wells Fargo & Co.
  
9,417
  
       
91,201
  
   
Direct Selling Establishments - 0.08%
      
22
  
DoorDash, Inc.*
  
1,997
  
           
   
Drinking Places (Alcoholic Beverages) - 0.13%
      
6
  
Cintas Corp.
  
3,012
  
           
   
Drugs and Druggists' Sundries Merchant Wholesalers - 0.28%
      
12
  
AmerisourceBergen Corp.
  
2,243
  
14
  
Cardinal Health, Inc.
  
1,281
  
8
  
McKesson Corp.
  
3,218
  
       
6,742
  
   
Electric Power Generation, Transmission and Distribution - 1.79%
      
10
  
AES Corp.
  
216
  
14
  
Ameren Corp.
  
1,199
  
28
  
American Electric Power Co, Inc.
  
2,373
  
22
  
Avangrid, Inc.
  
816
  
16
  
CMS Energy Corp.
  
977
  
18
  
Consolidated Edison, Inc.
  
1,707
  
18
  
Constellation Energy Corp.
  
1,740
  
12
  
DTE Energy Co.
  
1,372
  
42
  
Duke Energy Corp.
  
3,933
  
20
  
Edison International
  
1,439
  
12
  
Entergy Corp.
  
1,232
  
54
  
Exelon Corp.
  
2,260
  
6
  
First Solar, Inc.*
  
1,244
  
32
  
FirstEnergy Corp.
  
1,260
  
110
  
NextEra Energy, Inc.
  
8,064
  
128
  
PG&E Corp.*
  
2,254
  
40
  
PPL Corp.
  
1,101
  
28
  
Public Service Enterprise Group, Inc.
  
1,767
  
60
  
Southern Co.
  
4,341
  
18
  
WEC Energy Group, Inc.
  
1,617
  
30
  
Xcel Energy, Inc.
  
1,882
  
       
42,794
  
   
Electrical Equipment Manufacturing - 0.08%
      
6
  
Rockwell Automation, Inc.
  
2,018
  
           
   
Electronic Shopping and Mail-Order Houses - 3.27%
      
554
  
Amazon.com, Inc.*
  
74,058
  
24
  
Chewy, Inc.*
  
814
  
98
  
Coupang, Inc.*
  
1,779
  
30
  
eBay, Inc.
  
1,335
  
2
  
Etsy, Inc.*
  
203
  
       
78,189
  
   
Electronics and Appliance Stores - 0.04%
      
12
  
Best Buy Co., Inc.
  
997
  
           
   
Engine, Turbine, and Power Transmission Equipment Manufacturing - 0.37%
      
8
  
Cummins, Inc.
  
2,086
  
60
  
General Electric Co.
  
6,855
  
       
8,941
  
   
Footwear Manufacturing - 0.39%
      
84
  
Nike, Inc. - Class B
  
9,273
  
           
   
Freight Transportation Arrangement - 0.21%
      
8
  
Expeditors International of Washington, Inc.
  
1,018
  
6
  
JB Hunt Transport Services, Inc.
  
1,224
  
12
  
Norfolk Southern Corp.
  
2,803
  
       
5,045
  
   
Fruit and Vegetable Preserving and Specialty Food Manufacturing - 0.07%
      
4
  
Campbell Soup Co.
  
183
  
26
  
Conagra Brands, Inc.
  
853
  
6
  
Lamb Weston Holdings, Inc.
  
622
  
       
1,658
  
   
Gasoline Stations - 0.71%
      
104
  
Chevron Corp.
  
17,021
  
           
   
General Freight Trucking - 0.11%
      
6
  
Old Dominion Freight Line, Inc.
  
2,517
  
           
   
General Medical and Surgical Hospitals - 0.19%
      
16
  
HCA Healthcare, Inc.
  
4,365
  
           
   
General Merchandise Stores - 0.87%
      
24
  
Costco Wholesale Corp.
  
13,457
  
12
  
Dollar General Corp.
  
2,026
  
12
  
Dollar Tree, Inc.*
  
1,852
  
26
  
Target Corp.
  
3,548
  
       
20,883
  
   
Glass and Glass Product Manufacturing - 0.07%
      
46
  
Corning, Inc.
  
1,561
  
           
   
Grain and Oilseed Milling - 0.18%
      
30
  
Archer-Daniels-Midland Co.
  
2,549
  
6
  
Bunge Ltd.#
  
652
  
18
  
Kellogg Co.
  
1,204
  
       
4,405
  
   
Grocery and Related Product Merchant Wholesalers - 0.09%
      
28
  
Sysco Corp.
  
2,137
  
           
   
Grocery Stores - 0.08%
      
40
  
Kroger Co.
  
1,946
  
           
   
Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers - 0.08%
      
12
  
Ferguson plc#
  
1,939
  
           
   
Health and Personal Care Stores - 0.32%
      
70
  
CVS Health Corp.
  
5,228
  
2
  
Ulta Beauty, Inc.*
  
890
  
48
  
Walgreens Boots Alliance, Inc.
  
1,438
  
       
7,556
  
   
Household Appliances and Electrical and Electronic Goods Merchant Wholesalers - 0.22%
      
38
  
Johnson Controls International plc#
  
2,643
  
18
  
TE Connectivity Ltd.#
  
2,583
  
       
5,226
  
   
Industrial Machinery Manufacturing - 0.29%
      
46
  
Applied Materials, Inc.
  
6,973
  
           
   
Insurance Carriers - 4.61%
      
32
  
Aflac, Inc.
  
2,315
  
14
  
Allstate Corp.
  
1,578
  
40
  
American International Group, Inc.
  
2,411
  
118
  
Berkshire Hathaway, Inc. - Class B*
  
41,530
  
30
  
Centene Corp.*
  
2,043
  
22
  
Chubb Ltd.#
  
4,497
  
16
  
Cigna Group
  
4,722
  
8
  
Cincinnati Financial Corp.
  
861
  
12
  
Elevance Health, Inc.
  
5,660
  
2
  
Everest Group Ltd.#
  
721
  
16
  
Hartford Financial Services Group, Inc.
  
1,150
  
6
  
Humana, Inc.
  
2,741
  
100
  
Manulife Financial Corp.#
  
2,000
  
42
  
MetLife, Inc.
  
2,645
  
14
  
Principal Financial Group, Inc.
  
1,118
  
32
  
Progressive Corp.
  
4,031
  
20
  
Prudential Financial, Inc.
  
1,930
  
12
  
Travelers Cos., Inc
  
2,071
  
50
  
UnitedHealth Group, Inc.
  
25,319
  
14
  
W. R. Berkley Corp.
  
864
  
       
110,207
  
   
Internet Software & Services - 0.10%
      
2
  
MercadoLibre, Inc.*
  
2,476
  
           
   
Investigation and Security Services - 0.04%
      
14
  
Cloudflare, Inc.*
  
963
  
           
   
Iron and Steel Mills and Ferroalloy Manufacturing - 0.06%
      
46
  
ArcelorMittal SA#
  
1,328
  
           
   
Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) - 0.05%
      
16
  
Restaurant Brands International, Inc.#
  
1,225
  
           
   
Machinery, Equipment, and Supplies Merchant Wholesalers - 0.14%
      
32
  
Fastenal Co.
  
1,876
  
2
  
W. W. Grainger, Inc.
  
1,477
  
       
3,353
  
   
Management of Companies and Enterprises - 1.07%
      
94
  
Abbott Laboratories
  
10,465
  
0
  
Atlanta Braves Holdings, Inc.*
  
14
  
26
  
Brookfield Infrastructure Partners LP#
  
928
  
72
  
Carnival Corp.*#
  
1,356
  
6
  
Citizens Financial Group, Inc.
  
194
  
72
  
CNH Industrial N.V.#
  
1,034
  
6
  
Icahn Enterprises LP
  
208
  
50
  
Koninklijke Philips N.V.*#
  
1,036
  
18
  
LyondellBasell Industries N.V. - Class A#
  
1,779
  
38
  
Rivian Automotive, Inc.*
  
1,050
  
76
  
Royal Bank of Canada#
  
7,534
  
       
25,598
  
   
Management, Scientific, and Technical Consulting Services - 0.64%
      
34
  
Accenture plc - Class A#
  
10,756
  
22
  
Eaton Corp. plc#
  
4,517
  
       
15,273
  
   
Medical and Diagnostic Laboratories - 0.07%
      
2
  
Fortrea Holdings, Inc.*
  
64
  
4
  
Laboratory Corp. of America Holdings
  
856
  
6
  
Quest Diagnostics, Inc.
  
811
  
       
1,731
  
   
Medical Equipment and Supplies Manufacturing - 2.41%
      
4
  
Align Technology, Inc.*
  
1,512
  
28
  
Baxter International, Inc.
  
1,266
  
16
  
Becton Dickinson and Co.
  
4,458
  
78
  
Boston Scientific Corp.*
  
4,044
  
2
  
Cooper Cos., Inc.
  
783
  
22
  
Dexcom, Inc.*
  
2,740
  
34
  
Edwards Lifesciences Corp.*
  
2,790
  
4
  
Insulet Corp.*
  
1,107
  
20
  
Intuitive Surgical, Inc.*
  
6,488
  
142
  
Johnson & Johnson
  
23,790
  
6
  
STERIS plc#
  
1,353
  
20
  
Stryker Corp.
  
5,668
  
12
  
Zimmer Biomet Holdings, Inc.
  
1,658
  
       
57,657
  
   
Metal and Mineral (except Petroleum) Merchant Wholesalers - 0.05%
      
4
  
Reliance Steel & Aluminum Co.
  
1,171
  
           
   
Metal Ore Mining - 0.61%
      
26
  
Agnico Eagle Mines Ltd.#
  
1,363
  
96
  
Barrick Gold Corp.#
  
1,660
  
10
  
Franco-Nevada Corp.#
  
1,458
  
78
  
Freeport-McMoRan, Inc.
  
3,483
  
44
  
Newmont Corp.
  
1,888
  
42
  
Southern Copper Corp.
  
3,672
  
24
  
Wheaton Precious Metals Corp.#
  
1,076
  
       
14,600
  
   
Motion Picture and Video Industries - 0.06%
      
10
  
Take-Two Interactive Software, Inc.*
  
1,529
  
           
   
Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers - 0.18%
      
26
  
Copart, Inc.*
  
2,298
  
8
  
Genuine Parts Co.
  
1,246
  
14
  
LKQ Corp.
  
767
  
       
4,311
  
   
Motor Vehicle Manufacturing - 2.29%
      
218
  
Ford Motor Co.
  
2,880
  
76
  
General Motors Co.
  
2,916
  
28
  
PACCAR, Inc.
  
2,412
  
174
  
Tesla, Inc.*
  
46,533
  
       
54,741
  
   
Motor Vehicle Parts Manufacturing - 0.11%
      
14
  
Aptiv plc*#
  
1,533
  
16
  
Magna International, Inc.#
  
1,029
  
       
2,562
  
   
Natural Gas Distribution - 0.46%
      
8
  
Atmos Energy Corp.
  
974
  
34
  
CenterPoint Energy, Inc.
  
1,023
  
20
  
Eversource Energy
  
1,447
  
26
  
Fortis, Inc.#
  
1,108
  
122
  
Kinder Morgan, Inc.
  
2,161
  
24
  
ONEOK, Inc.
  
1,609
  
18
  
Sempra Energy
  
2,682
  
       
11,004
  
   
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing - 2.36%
      
16
  
Agilent Technologies, Inc.
  
1,948
  
12
  
AMETEK, Inc.
  
1,903
  
10
  
Avantor, Inc.*
  
206
  
40
  
Danaher Corp.
  
10,202
  
20
  
Fortive Corp.
  
1,567
  
24
  
GE HealthCare Technologies, Inc.
  
1,872
  
14
  
Hologic, Inc.*
  
1,112
  
4
  
IDEXX Laboratories, Inc.*
  
2,219
  
8
  
Illumina, Inc.*
  
1,537
  
10
  
Keysight Technologies, Inc.*
  
1,611
  
10
  
L3Harris Technologies, Inc.
  
1,895
  
72
  
Medtronic plc#
  
6,319
  
8
  
Northrop Grumman Corp.
  
3,560
  
6
  
PerkinElmer, Inc.
  
738
  
6
  
Roper Technologies, Inc.
  
2,958
  
8
  
Teradyne, Inc.
  
904
  
22
  
Thermo Fisher Scientific, Inc.
  
12,070
  
12
  
Trane Technologies plc#
  
2,393
  
4
  
Trimble, Inc.*
  
215
  
4
  
Waters Corp.*
  
1,105
  
       
56,334
  
   
Newspaper, Periodical, Book, and Directory Publishers - 0.14%
      
24
  
Thomson Reuters Corp.*#
  
3,254
  
           
   
Nondepository Credit Intermediation - 0.45%
      
40
  
American Express Co.
  
6,755
  
176
  
UBS Group AG#
  
3,902
  
       
10,657
  
   
Nonmetallic Mineral Mining and Quarrying - 0.15%
      
4
  
Martin Marietta Materials, Inc.
  
1,786
  
8
  
Vulcan Materials Co.
  
1,764
  
       
3,550
  
   
Nonresidential Building Construction - 0.15%
      
170
  
Stellantis N.V.#
  
3,494
  
           
   
Office Administrative Services - 0.08%
      
56
  
Baker Hughes Co.
  
2,004
  
           
   
Offices of Physicians - 0.05%
      
4
  
Molina Healthcare, Inc.*
  
1,218
  
           
   
Offices of Real Estate Agents and Brokers - 0.06%
      
16
  
CBRE Group, Inc.*
  
1,333
  
           
   
Oil and Gas Extraction - 0.97%
      
60
  
Canadian Natural Resources Ltd.#
  
3,648
  
42
  
Coterra Energy, Inc.
  
1,157
  
36
  
Devon Energy Corp.
  
1,944
  
46
  
Dominion Energy, Inc.
  
2,463
  
32
  
EOG Resources, Inc.
  
4,242
  
4
  
EQT Corp.
  
169
  
34
  
Marathon Oil Corp.
  
893
  
48
  
Occidental Petroleum Corp.
  
3,030
  
26
  
Phillips 66
  
2,900
  
12
  
Pioneer Natural Resources Co.
  
2,708
  
       
23,154
  
   
Other Electrical Equipment and Component Manufacturing - 0.03%
      
2
  
Hubbell, Inc.
  
624
  
           
   
Other Fabricated Metal Product Manufacturing - 0.12%
      
32
  
Emerson Electric Co.
  
2,923
  
           
   
Other Financial Investment Activities - 1.60%
      
6
  
Ameriprise Financial, Inc.
  
2,091
  
30
  
Apollo Global Management, Inc.
  
2,451
  
8
  
Ares Management Corp.
  
794
  
8
  
BlackRock, Inc.
  
5,911
  
42
  
Blackstone, Inc.
  
4,401
  
86
  
Brookfield Corp.#
  
3,001
  
10
  
Ferrari N.V.#
  
3,204
  
124
  
Lucid Group, Inc.*
  
944
  
92
  
Morgan Stanley
  
8,423
  
18
  
S&P Global, Inc.
  
7,101
  
       
38,321
  
   
Other Food Manufacturing - 0.23%
      
32
  
General Mills, Inc.
  
2,391
  
6
  
J. M. Smucker Co.
  
904
  
14
  
McCormick & Co., Inc.+
  
1,253
  
10
  
McCormick & Co., Inc.
  
881
  
       
5,429
  
   
Other General Purpose Machinery Manufacturing - 0.52%
      
4
  
IDEX Corp.
  
903
  
16
  
Illinois Tool Works, Inc.
  
4,213
  
2
  
Mettler-Toledo International, Inc.*
  
2,515
  
8
  
Parker-Hannifin Corp.
  
3,280
  
14
  
Xylem, Inc.
  
1,579
  
       
12,490
  
   
Other Information Services - 2.04%
      
22
  
CoStar Group, Inc.*
  
1,847
  
140
  
Meta Platforms, Inc.*
  
44,604
  
38
  
Pinterest, Inc.*
  
1,102
  
6
  
VeriSign, Inc.*
  
1,266
  
       
48,819
  
   
Other Investment Pools and Funds - 0.20%
      
26
  
Alcon, Inc.#
  
2,208
  
10
  
Garmin Ltd.#
  
1,059
  
12
  
T. Rowe Price Group, Inc.
  
1,479
  
       
4,746
  
   
Other Miscellaneous Manufacturing - 0.14%
      
30
  
3M Co.
  
3,345
  
           
   
Other Miscellaneous Store Retailers - 0.07%
      
22
  
Amcor plc#
  
226
  
6
  
Tractor Supply Co.
  
1,344
  
       
1,570
  
   
Other Professional, Scientific, and Technical Services - 0.15%
      
4
  
Gartner, Inc.*
  
1,414
  
10
  
IQVIA Holdings, Inc.*
  
2,238
  
       
3,652
  
   
Other Telecommunications - 0.60%
      
50
  
BCE, Inc.#
  
2,161
  
8
  
ResMed, Inc.
  
1,779
  
80
  
TELUS Corp.#
  
1,423
  
230
  
Verizon Communications, Inc.
  
7,838
  
16
  
Zoom Video Communications, Inc. - Class A*
  
1,174
  
       
14,375
  
   
Other Transit and Ground Passenger Transportation - 0.23%
      
110
  
Uber Technologies, Inc.*
  
5,441
  
           
   
Paint, Coating, and Adhesive Manufacturing - 0.23%
      
12
  
PPG Industries, Inc.
  
1,727
  
14
  
Sherwin-Williams Co.
  
3,871
  
       
5,598
  
   
Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing - 0.12%
      
10
  
CF Industries Holdings, Inc.
  
821
  
4
  
Mosaic Co.
  
163
  
28
  
Nutrien Ltd.#
  
1,929
  
       
2,913
  
   
Petroleum and Coal Products Manufacturing - 1.32%
      
220
  
Exxon Mobil Corp.
  
23,593
  
24
  
Marathon Petroleum Corp.
  
3,192
  
72
  
Suncor Energy, Inc.#
  
2,253
  
20
  
Valero Energy Corp.
  
2,578
  
       
31,616
  
   
Petroleum and Petroleum Products Merchant Wholesalers - 0.10%
      
172
  
Energy Transfer LP
  
2,286
  
           
   
Pharmaceutical and Medicine Manufacturing - 4.64%
      
96
  
AbbVie, Inc.
  
14,360
  
6
  
Alnylam Pharmaceuticals, Inc.*
  
1,172
  
30
  
Amgen, Inc.
  
7,025
  
8
  
Biogen, Inc.*
  
2,162
  
10
  
BioMarin Pharmaceutical, Inc. *
  
879
  
114
  
Bristol-Myers Squibb Co.
  
7,090
  
52
  
Eli Lilly & Co.
  
23,636
  
68
  
Gilead Sciences, Inc.
  
5,178
  
4
  
Incyte Corp.*
  
255
  
30
  
Intercontinental Exchange, Inc.
  
3,444
  
138
  
Merck & Co., Inc.
  
14,718
  
20
  
Moderna, Inc.*
  
2,353
  
308
  
Pfizer, Inc.
  
11,106
  
6
  
Regeneron Pharmaceuticals, Inc.*
  
4,451
  
10
  
Seagen, Inc.*
  
1,918
  
14
  
Vertex Pharmaceuticals, Inc.*
  
4,933
  
4
  
West Pharmaceutical Services, Inc.
  
1,472
  
26
  
Zoetis, Inc.
  
4,890
  
       
111,042
  
   
Pipeline Transportation of Crude Oil - 0.17%
      
110
  
Enbridge, Inc.#
  
4,048
  
           
   
Pipeline Transportation of Natural Gas - 0.35%
      
118
  
Enterprise Products Partners LP
  
3,128
  
30
  
Pembina Pipeline Corp.#
  
950
  
54
  
TC Energy Corp.#
  
1,937
  
66
  
The Williams Cos., Inc.
  
2,274
  
       
8,289
  
   
Plastics Product Manufacturing - 0.03%
      
6
  
Entegris, Inc.
  
658
  
           
   
Printing and Related Support Activities - 0.04%
      
28
  
Warner Music Group Corp.
  
883
  
           
   
Radio and Television Broadcasting - 0.52%
      
28
  
Fox Corp.
  
879
  
212
  
Sirius XM Holdings, Inc.
  
1,081
  
10
  
Spotify Technology S.A.*#
  
1,494
  
100
  
Walt Disney Co.*
  
8,890
  
       
12,344
  
   
Rail Transportation - 0.84%
      
36
  
Canadian National Railway Co.#
  
4,364
  
50
  
Canadian Pacific Kansas City Ltd.#
  
4,115
  
112
  
CSX Corp.
  
3,732
  
34
  
Union Pacific Corp.
  
7,888
  
       
20,099
  
   
Railroad Rolling Stock Manufacturing - 0.05%
      
10
  
Westinghouse Air Brake Technologies Corp.
  
1,184
  
           
   
Residential Building Construction - 0.21%
      
18
  
DR Horton, Inc.
  
2,285
  
16
  
Lennar Corp. - Class B
  
1,839
  
12
  
PulteGroup, Inc.
  
1,013
  
       
5,137
  
   
Resin, Synthetic Rubber, and Artificial Synthetic Fibers and Filaments Manufacturing - 0.26%
      
6
  
Albemarle Corp.
  
1,274
  
38
  
Dow, Inc.
  
2,146
  
26
  
DuPont de Nemours, Inc.
  
2,018
  
6
  
Westlake Corp.
  
825
  
       
6,263
  
   
Restaurants and Other Eating Places - 1.11%
      
2
  
Chipotle Mexican Grill, Inc.*
  
3,925
  
6
  
Darden Restaurants, Inc.
  
1,014
  
40
  
McDonald's Corp.
  
11,728
  
62
  
Starbucks Corp.
  
6,297
  
22
  
Yum China Holdings, Inc.
  
1,342
  
16
  
Yum! Brands, Inc.
  
2,203
  
       
26,509
  
   
Sawmills and Wood Preservation - 0.04%
      
6
  
Builders FirstSource, Inc.*
  
867
  
           
   
Scheduled Air Transportation - 0.16%
      
8
  
American Airlines Group, Inc.*
  
134
  
36
  
Delta Air Lines, Inc.
  
1,665
  
32
  
Southwest Airlines Co.
  
1,093
  
18
  
United Airlines Holdings, Inc.*
  
978
  
       
3,870
  
   
Scientific Research and Development Services - 0.17%
      
10
  
Exact Sciences Corp.*
  
975
  
12
  
Horizon Therapeutics plc*#
  
1,203
  
54
  
MPLX LP
  
1,918
  
       
4,096
  
   
Securities and Commodity Contracts Intermediation and Brokerage - 0.64%
      
100
  
Charles Schwab Corp.
  
6,610
  
18
  
Goldman Sachs Group, Inc.
  
6,406
  
12
  
Raymond James Financial, Inc.
  
1,321
  
12
  
Tradeweb Markets, Inc.
  
981
  
       
15,318
  
   
Securities and Commodity Exchanges - 0.26%
      
20
  
CME Group, Inc.
  
3,979
  
4
  
LPL Financial Holdings, Inc.
  
917
  
26
  
Nasdaq, Inc.
  
1,313
  
       
6,209
  
   
Semiconductor and Other Electronic Component Manufacturing - 9.72%
      
88
  
Advanced Micro Devices, Inc.*
  
10,067
  
624
  
Alphabet, Inc.*
  
82,817
  
32
  
Amphenol Corp.
  
2,826
  
28
  
Analog Devices, Inc.
  
5,587
  
22
  
Broadcom, Inc.
  
19,770
  
8
  
Enphase Energy, Inc. *
  
1,215
  
30
  
GlobalFoundries, Inc.*#
  
1,911
  
228
  
Intel Corp.
  
8,156
  
8
  
Lam Research Corp.
  
5,748
  
46
  
Marvell Technology, Inc.
  
2,996
  
30
  
Microchip Technology, Inc.
  
2,818
  
60
  
Micron Technology, Inc.
  
4,283
  
2
  
Monolithic Power Systems, Inc.
  
1,119
  
134
  
NVIDIA Corp.
  
62,617
  
14
  
NXP Semiconductors N.V.#
  
3,122
  
24
  
ON Semiconductor Corp.*
  
2,586
  
22
  
Otis Worldwide Corp.
  
2,001
  
8
  
Skyworks Solutions, Inc.
  
915
  
50
  
STMicroelectronics N.V.#
  
2,684
  
50
  
Texas Instruments, Inc.
  
9,000
  
       
232,238
  
   
Services to Buildings and Dwellings - 0.04%
      
26
  
Rollins, Inc.
  
1,062
  
           
   
Soap, Cleaning Compound, and Toilet Preparation Manufacturing - 1.61%
      
12
  
Air Products and Chemicals, Inc.
  
3,664
  
14
  
Church & Dwight Co., Inc.
  
1,339
  
6
  
Clorox Co.
  
909
  
46
  
Colgate-Palmolive Co.
  
3,508
  
16
  
Ecolab, Inc.
  
2,930
  
20
  
Estee Lauder Cos., Inc.
  
3,600
  
104
  
Kenvue, Inc.*
  
2,463
  
128
  
Procter & Gamble Co.
  
20,007
  
       
38,420
  
   
Software Publishers - 9.52%
      
42
  
Activision Blizzard, Inc.*
  
3,896
  
26
  
Adobe, Inc.*
  
14,199
  
4
  
ANSYS, Inc.*
  
1,368
  
14
  
Atlassian Corp.*
  
2,547
  
12
  
Autodesk, Inc.*
  
2,544
  
4
  
Bentley Systems, Inc.
  
216
  
34
  
Block, Inc.*
  
2,738
  
14
  
Cadence Design Systems, Inc.*
  
3,276
  
6
  
Check Point Software Technologies Ltd.*#
  
793
  
12
  
Crowdstrike Holdings, Inc.*
  
1,940
  
18
  
Datadog, Inc.*
  
2,101
  
4
  
Dynatrace, Inc.*
  
219
  
14
  
Electronic Arts, Inc.
  
1,909
  
70
  
Hewlett Packard Enterprise Co.
  
1,217
  
2
  
HubSpot, Inc.*
  
1,161
  
16
  
Intuit, Inc.
  
8,187
  
442
  
Microsoft Corp.
  
148,476
  
44
  
Mobileye Global, Inc.*
  
1,680
  
2
  
MongoDB, Inc.*
  
847
  
6
  
PTC, Inc.*
  
875
  
54
  
Salesforce, Inc.*
  
12,151
  
70
  
Shopify, Inc. - Class A*#
  
4,731
  
6
  
Splunk, Inc.*
  
650
  
8
  
Synopsys, Inc.*
  
3,614
  
2
  
Tyler Technologies, Inc.*
  
793
  
8
  
Veeva Systems, Inc. - Class A*
  
1,634
  
24
  
VMware, Inc.*
  
3,783
  
       
227,545
  
   
Steel Product Manufacturing from Purchased Steel - 0.04%
      
10
  
Steel Dynamics, Inc.
  
1,066
  
           
   
Sugar and Confectionery Product Manufacturing - 0.12%
      
12
  
Hershey Co.
  
2,776
  
           
   
Support Activities for Crop Production - 0.09%
      
38
  
Corteva, Inc.
  
2,144
  
           
   
Support Activities for Mining - 0.94%
      
104
  
Cenovus Energy, Inc.#
  
1,978
  
66
  
ConocoPhillips
  
7,769
  
10
  
Diamondback Energy, Inc.
  
1,473
  
50
  
Halliburton Co.
  
1,954
  
16
  
Hess Corp.
  
2,428
  
78
  
Schlumberger Ltd.#
  
4,551
  
12
  
Targa Resources Corp.
  
984
  
28
  
Teck Resources Ltd. - Class B#
  
1,244
  
       
22,381
  
   
Tobacco Manufacturing - 0.54%
      
98
  
Altria Group, Inc.
  
4,451
  
84
  
Philip Morris International, Inc.
  
8,377
  
       
12,828
  
   
Travel Arrangement and Reservation Services - 0.29%
      
2
  
Booking Holdings, Inc.*
  
5,942
  
8
  
Expedia Group, Inc.*
  
980
  
       
6,922
  
   
Traveler Accommodation - 0.37%
      
14
  
Hilton Worldwide Holdings, Inc.
  
2,177
  
42
  
Las Vegas Sands Corp.*
  
2,512
  
16
  
Marriott International, Inc. - Class A
  
3,229
  
20
  
MGM Resorts International
  
1,015
  
       
8,933
  
   
Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing - 0.22%
      
46
  
Carrier Global Corp.
  
2,739
  
8
  
Dover Corp.
  
1,168
  
22
  
Ingersoll Rand, Inc.
  
1,436
  
       
5,343
  
   
Waste Treatment and Disposal - 0.35%
      
18
  
Republic Services, Inc.
  
2,720
  
14
  
Waste Connections, Inc.#
  
1,976
  
22
  
Waste Management, Inc.
  
3,604
  
       
8,300
  
   
Water, Sewage and Other Systems - 0.06%
      
10
  
American Water Works Co., Inc.
  
1,474
  
           
   
 Wired and Wireless Telecommunications Carriers - 0.62%
      
390
  
AT&T, Inc.
  
5,663
  
66
  
T-Mobile US, Inc.*
  
9,093
  
       
14,756
  
   
TOTAL COMMON STOCKS (Cost $1,918,234)
  
2,335,853
  
           
   
REITs - 1.93%
      
   
Lessors of Real Estate - 1.66%
      
26
  
American Tower Corp.
  
4,948
  
8
  
AvalonBay Communities, Inc.
  
1,509
  
24
  
Crown Castle, Inc.
  
2,599
  
16
  
Digital Realty Trust, Inc.
  
1,994
  
6
  
Equinix, Inc.
  
4,860
  
20
  
Equity Residential
  
1,319
  
6
  
Mid-America Apartment Communities, Inc.
  
898
  
50
  
Prologis, Inc.
  
6,237
  
10
  
Public Storage
  
2,818
  
36
  
Realty Income Corp.
  
2,195
  
6
  
SBA Communications Corp.
  
1,314
  
18
  
Simon Property Group, Inc.
  
2,243
  
6
  
Sun Communities, Inc.
  
782
  
22
  
Ventas, Inc.
  
1,067
  
54
  
VICI Properties, Inc.
  
1,700
  
28
  
Welltower, Inc.
  
2,300
  
12
  
WP Carey, Inc.
  
810
  
       
39,593
  
           
   
Offices of Real Estate Agents and Brokers - 0.10%
      
10
  
Alexandria Real Estate Equities, Inc.
  
1,257
  
34
  
Invitation Homes, Inc.
  
1,207
  
       
2,464
  
           
   
Veneer, Plywood, and Engineered Wood Product Manufacturing - 0.06%
      
40
  
Weyerhaeuser Co.
  
1,362
  
           
   
Warehousing and Storage - 0.11%
      
12
  
Extra Space Storage, Inc.
  
1,675
  
16
  
Iron Mountain, Inc.
  
982
  
       
2,657
  
   
TOTAL REITs (Cost $43,794)
  
46,076
  
           
   
MONEY MARKET FUND - 0.32%
      
7,667
  
First American Treasury Obligations Fund, Institutional Class, 5.25% †
  
7,667
  
   
TOTAL MONEY MARKET FUND (Cost $7,667)
      
           
   
Total Investments in Securities (Cost $1,969,695) - 99.95%
  
2,389,596
  
   
Other Assets in Excess of Liabilities - 0.05%
  
1,220
  
   
Net Assets - 100.00%
 $
 2,390,816
  
 
*
  
Non-income producing security.
      
#
  
U.S. traded security of a foreign issuer.
      
†
  
Rate shown is the 7-day annualized yield as of July 31, 2023.
      
+
  
Non-voting shares.
      
REIT
  
Real Estate Investment Trust
      
Reverb ETF
                
Summary of Fair Value Disclosure at July 31, 2023 (Unaudited)
            
                 
The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. Accounting principles generally accepted in the United
States of America ("U.S. GAAP") establish a hierarchy that prioritizes inputs to valuation methods.  The three levels of inputs are:
                 
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
    
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may
include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves,
default rates and similar data.
              
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions
about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.
                 
The following is a summary of the inputs used to value the Fund's investments as of July 31, 2023:
      

   
Level 1
    
Level 2
    
Level 3
    
Total
  
                         
Common Stocks
                        
Accomodation and Food Services
  
$
38,454
    
$
-
    
$
-
    
$
38,454
  
Administrative Support and Waste Management
    
90,276
      
-
      
-
      
90,276
  
Agriculture, Forestry, Fishing, and Hunting
    
2,144
      
-
      
-
      
2,144
  
Construction
    
10,244
      
-
      
-
      
10,244
  
Finance and Insurance
    
298,211
      
-
      
-
      
298,211
  
Health Care and Social Assistance
    
7,314
      
-
      
-
      
7,314
  
Information
    
355,169
      
-
      
-
      
355,169
  
Management of Companies and Enterprises
    
15,133
      
-
      
-
      
15,133
  
Manufacturing
    
1,042,226
      
-
      
-
      
1,042,226
  
Mining, Quarrying, and Oil and Gas Extraction
    
61,257
      
-
      
-
      
61,257
  
Professional, Scientific, and Technical Services
    
77,498
      
-
      
-
      
77,498
  
Real Estate, Rental, and Leasing
    
15,207
      
-
      
-
      
15,207
  
Retail Trade
    
178,585
      
-
      
-
      
178,585
  
Transportation and Warehousing
    
61,697
      
-
      
-
      
61,697
  
Utilities
    
55,273
      
-
      
-
      
55,273
  
Wholesale Trade
    
27,165
      
-
      
-
      
27,165
  
Total Common Stocks
    
2,335,853
      
-
      
-
      
2,335,853
  
REITs
    
46,076
      
-
      
-
      
46,076
  
Money Market Fund
    
7,667
      
-
      
-
      
7,667
  
Total Investments in Securities
  
$
2,389,596
    
$
-
    
$
-
    
$
2,389,596
  
                                 
Refer to the Fund’s schedule of investments for a detailed break-out of securities by industry classification.