WBI BullBear Quality 3000 ETF

Schedule of Investments

March 31, 2022 (Unaudited)

Shares		Security Description	Value
		COMMON STOCKS - 99.2%
		Capital Goods - 14.8%
	5,937	Crane Co.	$	642,858
	18,793	Emerson Electric Co.		1,842,654
	3,631	W.W. Grainger, Inc.		1,872,834
	5,682	Watsco, Inc. +		1,730,964
				6,089,310
		Energy - 17.1%
	4,978	Chevron Corp.		810,568
	13,339	Devon Energy Corp.		788,735
	5,859	Diamondback Energy, Inc.		803,152
	16,603	EOG Resources, Inc.		1,979,576
	56,215	Kinder Morgan, Inc.		1,063,025
	2,409	Pioneer Natural Resources Co. +		602,322
	24,191	Schlumberger, Ltd. (a)		999,330
				7,046,708
		Food & Staples Retailing - 4.8%
	3,423	Costco Wholesale Corp.		1,971,134
		Food, Beverage & Tobacco - 4.8%
	31,656	The Coca-Cola Co.		1,962,672
		Health Care Equipment & Services - 8.2%
	3,542	Anthem, Inc.		1,739,901
	3,213	UnitedHealth Group, Inc. +		1,638,534
				3,378,435
		Household & Personal Products - 1.9%
	4,997	Procter & Gamble Co.		763,542
		Insurance - 12.5%
	5,782	Aon PLC - ADR(a)		1,882,793
	7,712	Chubb, Ltd. - ADR(a)		1,649,597
	62,691	Old Republic International Corp.		1,621,816
				5,154,206
		Media & Entertainment - 4.9%
	23,708	Omnicom Group, Inc. +		2,012,335
		Pharmaceuticals, Biotechnology & Life Sciences - 7.2%
	7,770	AbbVie, Inc.		1,259,595
	9,650	Johnson & Johnson		1,710,269
				2,969,864
		Retailing - 3.7%
	7,185	Target Corp.		1,524,801
		Semiconductors & Semiconductor Equipment - 4.3%
	2,823	Broadcom, Inc.		1,777,587
		Software & Services - 2.1%
	6,396	Global Payments, Inc.		875,229
		Technology Hardware & Equipment - 8.8%
	11,142	Apple, Inc.		1,945,505
	29,577	Cisco Systems, Inc.		1,649,213
				3,594,718
		Transportation - 4.1%
	7,901	United Parcel Service, Inc. - Class B		1,694,448
		TOTAL COMMON STOCKS (Cost $39,755,148)		40,814,989

Shares/Amount		Security Description	Value
		INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 14.4%
	5,908,614	Mount Vernon Liquid Assets Portfolio, LLC, 0.39%(b)(c)		5,908,614
		TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $5,908,614)		5,908,614
		TOTAL INVESTMENTS - 113.6% (Cost $45,663,762)		46,723,603
		Liabilities in Excess of Other Assets - (13.6)%		(5,584,062	)
		NET ASSETS - 100.0%	$	41,139,541

ADR American Depository Receipt

PLC Public Limited Company

+ All or portion of this security is on loan as of March 31, 2022. Total value of securities on loan is $5,684,307.

(a) Foreign issued security. Foreign concentration is as follows: United Kingdom: 4.58%, Switzerland: 4.01% and Curacao: 2.43%.

(b) The rate quoted is the annualized seven-day yield as of March 31, 2022.

(c) Privately offered liquidity fund.

The accompanying notes are an integral part of these schedules of investments.