0001145549-23-079676.txt : 20231229 0001145549-23-079676.hdr.sgml : 20231229 20231229085932 ACCESSION NUMBER: 0001145549-23-079676 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231031 FILED AS OF DATE: 20231229 DATE AS OF CHANGE: 20231229 PERIOD START: 20240731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Tidal ETF Trust CENTRAL INDEX KEY: 0001742912 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-23377 FILM NUMBER: 231524597 BUSINESS ADDRESS: STREET 1: 234 WEST FLORIDA STREET, SUITE 203 CITY: MILWAUKEE, STATE: WI ZIP: 53204 BUSINESS PHONE: 844-986-7676 MAIL ADDRESS: STREET 1: 234 WEST FLORIDA STREET, SUITE 203 CITY: MILWAUKEE, STATE: WI ZIP: 53204 0001742912 S000081291 Academy Veteran Impact ETF C000243984 Academy Veteran Impact ETF VETZ NPORT-P 1 primary_doc.xml NPORT-P false 0001742912 XXXXXXXX S000081291 C000243984 Tidal ETF Trust 811-23377 0001742912 549300VTYHP8U2332C46 234 West Florida Street Suite 203 Milwaukee 53204 844-986-7700 Academy Veteran Impact ETF S000081291 5493000KQ8XCYEBZT527 2024-07-31 2023-10-31 N 39017790.220000000000 12085.290000000000 39005704.930000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 USD N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179RBV0 156501.610000000000 PA USD 126748.850000000000 0.3249495176 Long ABS-MBS USGA US N 2 2045-04-20 Fixed 2.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179W7G7 112686.530000000000 PA USD 86167.040000000000 0.2209088136 Long ABS-MBS USGA US N 2 2043-12-20 Fixed 1.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179XWR3 644145.360000000000 PA USD 643522.850000000000 1.6498172541 Long ABS-MBS USGA US N 2 2052-12-20 Fixed 7.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617F6UJ5 91854.550000000000 PA USD 78727.860000000000 0.2018367830 Long ABS-MBS USGA US N 2 2052-05-20 Fixed 3.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617F8RJ5 448191.440000000000 PA USD 387416.380000000000 0.9932300434 Long ABS-MBS USGA US N 2 2052-08-20 Fixed 4.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617MK3V9 963549.940000000000 PA USD 794070.550000000000 2.0357805388 Long ABS-MBS USGA US N 2 2050-02-20 Fixed 3.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617MKSP5 865953.910000000000 PA USD 713640.750000000000 1.8295804454 Long ABS-MBS USGA US N 2 2050-02-20 Fixed 3.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617N7YM3 62807.610000000000 PA USD 49534.130000000000 0.1269920133 Long ABS-MBS USGA US N 2 2050-04-20 Fixed 2.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618A4RU2 997708.710000000000 PA USD 814627.570000000000 2.0884831372 Long ABS-MBS USGA US N 2 2052-11-20 Fixed 3.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618BHEF9 993718.830000000000 PA USD 881397.670000000000 2.2596634815 Long ABS-MBS USGA US N 2 2053-05-20 Fixed 4.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618BWFF5 1120193.920000000000 PA USD 1030733.500000000000 2.6425198618 Long ABS-MBS USGA US N 2 2053-06-20 Fixed 5.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618F35B5 2434193.410000000000 PA USD 2159053.780000000000 5.5352256391 Long ABS-MBS USGA US N 2 2050-07-20 Fixed 4.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3622ACEZ9 483060.120000000000 PA USD 358587.540000000000 0.9193207523 Long ABS-MBS USGA US N 2 2052-12-20 Fixed 2.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179XCJ3 321074.610000000000 PA USD 278832.240000000000 0.7148498931 Long ABS-MBS USGA US N 2 2037-08-20 Fixed 2.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617F4WK5 1007807.990000000000 PA USD 780337.470000000000 2.0005726634 Long ABS-MBS USGA US N 2 2052-07-20 Fixed 2.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617FFZ84 191130.500000000000 PA USD 176066.740000000000 0.4513871505 Long ABS-MBS USGA US N 2 2052-08-20 Fixed 5.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617MQDQ6 154827.930000000000 PA USD 132763.790000000000 0.3403701849 Long ABS-MBS USGA US N 2 2050-12-20 Fixed 3.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae I Pool 36180CDA4 45007.740000000000 PA USD 36484.960000000000 0.0935374968 Long ABS-MBS USGA US N 2 2043-04-15 Fixed 2.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618AGLP2 989891.170000000000 PA USD 805915.000000000000 2.0661464815 Long ABS-MBS USGA US N 2 2060-09-20 Fixed 3.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618BB6T1 472913.510000000000 PA USD 417766.090000000000 1.0710384308 Long ABS-MBS USGA US N 2 2062-02-20 Fixed 4.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618F3CY7 696477.120000000000 PA USD 640855.380000000000 1.6429785877 Long ABS-MBS USGA US N 2 2053-06-20 Fixed 5.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3622ABV33 330289.980000000000 PA USD 266857.600000000000 0.6841501787 Long ABS-MBS USGA US N 2 2052-04-20 Fixed 3.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3622ACNJ5 494870.790000000000 PA USD 367354.890000000000 0.9417978490 Long ABS-MBS USGA US N 2 2052-12-20 Fixed 2.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae I Pool 36295CF89 99413.870000000000 PA USD 79677.560000000000 0.2042715550 Long ABS-MBS USGA US N 2 2042-12-15 Fixed 2.500000000000 N N N N N N BREAN CAPITAL, LLC N/A Small Business Administration Pools 8316A0PZ7 993831.450000000000 PA USD 997835.500000000000 2.5581783531 Long ABS-MBS USGA US N 2 2033-10-25 Floating 6.050000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3622ACLC2 376289.910000000000 PA USD 315135.500000000000 0.8079215606 Long ABS-MBS USGA US N 2 2052-11-20 Fixed 3.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179XVB9 1086523.690000000000 PA USD 865409.350000000000 2.2186737852 Long ABS-MBS USGA US N 2 2052-01-20 Fixed 3.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179XXL5 1332886.120000000000 PA USD 1019905.120000000000 2.6147588457 Long ABS-MBS USGA US N 2 2052-03-20 Fixed 2.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179XZZ2 830640.640000000000 PA USD 616605.210000000000 1.5808077590 Long ABS-MBS USGA US N 2 2052-08-20 Fixed 2.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618F3BF9 1262362.930000000000 PA USD 1207721.230000000000 3.0962681797 Long ABS-MBS USGA US N 2 2053-07-20 Fixed 5.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618F3MM2 496357.470000000000 PA USD 477082.940000000000 1.2231106728 Long ABS-MBS USGA US N 2 2053-06-20 Fixed 5.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3622ACM98 970879.160000000000 PA USD 862192.940000000000 2.2104277863 Long ABS-MBS USGA US N 2 2053-06-20 Fixed 4.500000000000 N N N N N N BREAN CAPITAL, LLC N/A Small Business Administration Pools 8316A0PN4 394110.590000000000 PA USD 395698.420000000000 1.0144629374 Long ABS-MBS USGA US N 2 2033-10-25 Floating 6.050000000000 N N N N N N First American Government Obli 549300R5MYM6VZF1RM44 First American Government Obligations Fund 31846V336 948340.730000000000 NS USD 948340.730000000000 2.4312872481 Long STIV RF US N 1 N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179RD55 658657.190000000000 PA USD 533438.880000000000 1.3675919483 Long ABS-MBS USGA US N 2 2045-05-20 Fixed 2.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179W4Z8 580601.000000000000 PA USD 409512.920000000000 1.0498795516 Long ABS-MBS USGA US N 2 2052-04-20 Fixed 1.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179XXK7 779842.650000000000 PA USD 578896.590000000000 1.4841331314 Long ABS-MBS USGA US N 2 2051-12-20 Fixed 2.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618BN5M1 997970.660000000000 PA USD 943182.480000000000 2.4180629005 Long ABS-MBS USGA US N 2 2053-08-20 Fixed 5.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179XGX8 268315.170000000000 PA USD 227645.000000000000 0.5836197562 Long ABS-MBS USGA US N 2 2037-01-20 Fixed 2.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617J6Q80 186734.460000000000 PA USD 170996.410000000000 0.4383882058 Long ABS-MBS USGA US N 2 2048-11-20 Fixed 4.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617QG2A1 1078541.490000000000 PA USD 853362.950000000000 2.1877900977 Long ABS-MBS USGA US N 2 2050-09-20 Fixed 2.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3622ABAK8 408774.440000000000 PA USD 314962.490000000000 0.8074780101 Long ABS-MBS USGA US N 2 2051-01-20 Fixed 2.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179XZ33 1626129.010000000000 PA USD 1295201.630000000000 3.3205440905 Long ABS-MBS USGA US N 2 2053-01-20 Fixed 3.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617VEY49 679446.370000000000 PA USD 509868.500000000000 1.3071639159 Long ABS-MBS USGA US N 2 2051-04-20 Fixed 2.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618FFT97 698799.580000000000 PA USD 699970.270000000000 1.7945330593 Long ABS-MBS USGA US N 2 2053-08-20 Fixed 7.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3622ACB90 476998.210000000000 PA USD 365642.600000000000 0.9374080039 Long ABS-MBS USGA US N 2 2052-12-20 Fixed 2.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179XEL6 514907.750000000000 PA USD 434764.930000000000 1.1146188251 Long ABS-MBS USGA US N 2 2037-02-20 Fixed 2.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617MK2Y4 1046600.870000000000 PA USD 898091.580000000000 2.3024621183 Long ABS-MBS USGA US N 2 2050-02-20 Fixed 3.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617YDDX7 2241255.750000000000 PA USD 1810821.310000000000 4.6424524650 Long ABS-MBS USGA US N 2 2052-03-20 Fixed 3.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618BBTQ2 1097151.280000000000 PA USD 973139.030000000000 2.4948633328 Long ABS-MBS USGA US N 2 2053-04-20 Fixed 4.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618BCQF7 237012.680000000000 PA USD 233505.320000000000 0.5986440199 Long ABS-MBS USGA US N 2 2062-08-20 Fixed 6.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3622ACB82 2421123.800000000000 PA USD 2001912.020000000000 5.1323569811 Long ABS-MBS USGA US N 2 2052-12-20 Fixed 3.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179T6X8 166968.440000000000 PA USD 134697.450000000000 0.3453275623 Long ABS-MBS USGA US N 2 2048-08-20 Fixed 3.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36179YC69 1995378.060000000000 PA USD 1837053.870000000000 4.7097056015 Long ABS-MBS USGA US N 2 2053-08-20 Fixed 5.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617Q64V5 737319.790000000000 PA USD 581326.030000000000 1.4903615536 Long ABS-MBS USGA US N 2 2050-10-20 Fixed 2.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3617XW2T7 1960082.160000000000 PA USD 1583647.260000000000 4.0600400963 Long ABS-MBS USGA US N 2 2052-04-20 Fixed 3.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618A8CW5 484813.240000000000 PA USD 430186.940000000000 1.1028821060 Long ABS-MBS USGA US N 2 2052-11-20 Fixed 4.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3618BM3Y9 398399.030000000000 PA USD 399490.530000000000 1.0241848743 Long ABS-MBS USGA US N 2 2053-05-20 Fixed 6.500000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3622ABUU4 92297.270000000000 PA USD 74571.530000000000 0.1911810853 Long ABS-MBS USGA US N 2 2052-04-20 Fixed 3.000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 3622ACLD0 973223.730000000000 PA USD 746264.850000000000 1.9132197491 Long ABS-MBS USGA US N 2 2053-01-20 Fixed 2.500000000000 N N N N N N 2023-12-28 Tidal ETF Trust /s/ Aaron Perkovich Aaron Perkovich Treasurer/Principal Financial Officer XXXX NPORT-EX 2 academy.htm VETZ ETF - 10/31/23 PART F

Academy Veteran Impact ETF
 
SCHEDULE OF INVESTMENTS at October 31, 2023 (Unaudited)
           
 
  
Principal Amount
    
Value
Mortgage Backed Securities - 97.2%
          
Small Business Administration Pool
          
6.050% (PRIME - 2.450%), Pool No.530428, 10/25/2033 (1)
  
$
394,111
    
$
395,698
6.050% (PRIME - 2.450%), Pool No.530439, 10/25/2033 (1)
    
993,831
      
997,836
Government National Mortgage Association II Pool
              
2.000%, Pool No.MA8314, 01/20/2037
    
268,315
      
227,645
2.000%, Pool No.MA8239, 02/20/2037
    
514,908
      
434,765
2.500%, Pool No.MA8173, 08/20/2037
    
321,075
      
278,832
1.500%, Pool No.MA8095, 12/20/2043
    
112,687
      
86,167
2.500%, Pool No.MA2752, 04/20/2045
    
156,502
      
126,749
2.500%, Pool No.MA2824, 05/20/2045
    
658,657
      
533,439
3.000%, Pool No.MA5386, 08/20/2048
    
166,968
      
134,697
4.500%, Pool No.BK5879, 11/20/2048
    
186,734
      
170,996
3.500%, Pool No.BS8891, 02/20/2050
    
1,046,601
      
898,092
3.000%, Pool No.BS8912, 02/20/2050
    
963,550
      
794,071
3.000%, Pool No.BS8626, 02/20/2050
    
865,954
      
713,641
2.500%, Pool No.BU6116, 04/20/2050
    
62,808
      
49,534
4.500%, Pool No.CV7142, 07/20/2050
    
2,434,193
      
2,159,054
2.500%, Pool No.BY0769, 09/20/2050
    
1,078,541
      
853,363
2.500%, Pool No.BX2636, 10/20/2050
    
737,320
      
581,326
3.500%, Pool No.BT1911, 12/20/2050
    
154,828
      
132,764
2.500%, Pool No.785510, 01/20/2051
    
408,774
      
314,962
2.000%, Pool No.CD4331, 04/20/2051
    
679,446
      
509,868
2.000%, Pool No.MA8782, 12/20/2051
    
779,843
      
578,897
3.000%, Pool No.MA8710, 01/20/2052
    
1,086,524
      
865,409
2.500%, Pool No.MA8783, 03/20/2052
    
1,332,886
      
1,019,905
3.000%, Pool No.CL5518, 03/20/2052
    
2,241,256
      
1,810,821
1.500%, Pool No.MA8040, 04/20/2052
    
580,601
      
409,513
3.000%, Pool No.CK2586, 04/20/2052
    
1,960,082
      
1,583,647
3.000%, Pool No.786095, 04/20/2052
    
92,297
      
74,572
3.000%, Pool No.786134, 04/20/2052
    
330,290
      
266,858
3.500%, Pool No.CN6885, 05/20/2052
    
91,855
      
78,728
2.500%, Pool No.CN5150, 07/20/2052
    
1,007,808
      
780,337
2.000%, Pool No.MA8860, 08/20/2052
    
830,641
      
616,605
4.000%, Pool No.CN8589, 08/20/2052
    
448,191
      
387,416
5.000%, Pool No.CO4367, 08/20/2052
    
191,131
      
176,067
3.000%, Pool No.CQ2299, 11/20/2052
    
997,709
      
814,628
4.500%, Pool No.CQ5485, 11/20/2052
    
484,813
      
430,187
3.500%, Pool No.786723, 11/20/2052
    
376,290
      
315,135
7.000%, Pool No.MA8756, 12/20/2052
    
644,145
      
643,523
3.500%, Pool No.786463, 12/20/2052
    
2,421,124
      
2,001,912
2.500%, Pool No.786464, 12/20/2052
    
476,998
      
365,643
2.000%, Pool No.786552, 12/20/2052
    
483,060
      
358,588
2.000%, Pool No.786793, 12/20/2052
    
494,871
      
367,355
3.000%, Pool No.MA8862, 01/20/2053
    
1,626,129
      
1,295,202
2.500%, Pool No.786724, 01/20/2053
    
973,224
      
746,265
4.500%, Pool No.CT5959, 04/20/2053
    
1,097,151
      
973,139
4.500%, Pool No.CU0134, 05/20/2053
    
993,719
      
881,398
6.500%, Pool No.CU4415, 05/20/2053
    
398,399
      
399,491
5.000%, Pool No.CV1066, 06/20/2053
    
1,120,194
      
1,030,733
5.000%, Pool No.CV6387, 06/20/2053
    
696,477
      
640,855
5.500%, Pool No.CV6664, 06/20/2053
    
496,357
      
477,083
4.500%, Pool No.786784, 06/20/2053
    
970,879
      
862,193
5.500%, Pool No.CV6338, 07/20/2053
    
1,262,363
      
1,207,721
5.000%, Pool No.MA9093, 08/20/2053
    
1,995,378
      
1,837,054
5.500%, Pool No.CU5352, 08/20/2053
    
997,971
      
943,182
7.000%, Pool No.CW6876, 08/20/2053
    
698,800
      
699,970
3.500%, Pool No.CR2134, 09/20/2060
    
989,891
      
805,915
4.500%, Pool No.CT6282, 02/20/2062
    
472,914
      
417,766
6.000%, Pool No.CT6754, 08/20/2062
    
237,013
      
233,505
Ginnie Mae I Pool
              
2.500%, Pool No.666291, 12/15/2042
    
99,414
      
79,678
2.500%, Pool No.AD0997, 04/15/2043
    
45,008
      
36,485
             
37,906,880
Total Mortgage Backed Securities
              
(Cost $39,466,330)
            
37,906,880
               
 
  
Shares
        
Short-Term Investments - 2.4%
              
Money Market Funds - 2.4%
              
First American Government Obligations Fund, Class X, 5.276% (2)
    
948,341
      
948,341
Total Short-Term Investments
              
(Cost $948,341)
            
948,341
               
Total Investments in Securities - 99.6%
              
   (Cost $40,414,671)
            
38,855,221
Other Assets in Excess of Liabilities - 0.4%
            
150,484
Total Net Assets -  100.0%
          
$
39,005,705

 
(1)
Variable rate security; rate shown is the rate in effect on October 31, 2023. An index may have a negative rate. Interest rate may also be subject to a ceiling or floor.
 
(2)
The rate shown is the annualized seven-day effective yield as of October 31, 2023.
 

Summary of Fair Value Exposure at October 31, 2023 (Unaudited)
         
The Academy Veteran Impact ETF (the “Fund”) utilizes various methods to measure the fair value of its investments on a recurring basis. U.S. GAAP establishes 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 spreads, 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 October 31, 2023:

Investments in Securities
  
Level 1
    
Level 2
    
Level 3
    
Total
Mortgage Backed Securities
  
$
–
    
$
37,906,880
    
$
–
    
$
37,906,880
Short-Term Investments
    
948,341
      
–
      
–
      
948,341
Total Investments in Securities
  
$
948,341
    
$
37,906,880
    
$
–
    
$
38,855,221