Sound Equity Dividend Income ETF

Schedule of Investments

as of February 29, 2024 (Unaudited)

COMMON STOCKS - 99.6%	Shares		Value
Advertising - 5.3%
Omnicom Group, Inc.		11,526	$	1,018,784
The Interpublic Group of Co., Inc.		12,391		389,077
				1,407,861
Apparel - 2.2%
Carter’s, Inc.		7,342		594,335
Banks - 5.8%
Citigroup, Inc.		15,267		847,166
M&T Bank Corp.		4,884		682,490
				1,529,656
Chemicals - 7.0%
Dow, Inc.		10,048		561,482
LyondellBasell Industries NV - Class A		12,712		1,274,759
				1,836,241
Commercial Services - 2.6%
H&R Block, Inc.		14,200		695,090
Computers - 4.6%
International Business Machines Corp.		6,580		1,217,497
Cosmetics & Personal Care - 3.9%
Kenvue, Inc.		23,111		439,109
Unilever PLC - ADR		11,907		583,086
				1,022,195
Diversified Financial Services - 3.2%
Franklin Resources, Inc.		30,958		849,797
Electric - 4.7%
Edison International		10,384		706,320
Entergy Corp.		5,183		526,437
				1,232,757
Healthcare - Products - 4.4%
Patterson Cos., Inc.		43,224		1,170,938
Insurance - 3.2%
Principal Financial Group, Inc.		10,602		857,278
Office & Business Equipment - 3.5%
Xerox Holdings Corp.		50,100		934,365
Oil & Gas - 8.7%
HF Sinclair Corp.		9,257		513,764
TotalEnergies SE - ADR		15,338		982,706
Valero Energy Corp.		5,642		798,117
				2,294,587
Packaging & Containers - 3.8%
Greif, Inc. - Class B		15,662		1,002,681

Pharmaceuticals - 12.6%
AbbVie, Inc.	4,666		821,449
GSK PLC - ADR	22,756		953,476
Organon & Co.	39,580		689,088
Pfizer, Inc.	32,765		870,238
			3,334,251
Pipelines - 8.0%
Enbridge, Inc.	27,921		961,041
ONEOK, Inc.	15,336		1,152,040
			2,113,081
Retail - 5.2%
MSC Industrial Direct Co., Inc. - Class A	6,935		700,019
Walgreens Boots Alliance, Inc.	31,270		664,800
			1,364,819
Savings & Loans - 1.8%
New York Community Bancorp, Inc.	96,973		464,501
Telecommunications - 7.3%
AT&T, Inc.	56,964		964,401
Cisco Systems, Inc.	20,072		970,882
			1,935,283
Toys, Games & Hobbies - 1.8%
Hasbro, Inc.	9,471		476,297
TOTAL COMMON STOCKS (Cost $25,349,939)			26,333,510
SHORT-TERM INVESTMENTS - 0.0%(a)
Money Market Funds - 0.0%(a)
First American Government Obligations Fund - Class X, 5.23%(b)	4,850		4,850
TOTAL SHORT-TERM INVESTMENTS (Cost $4,850)			4,850
TOTAL INVESTMENTS - 99.6% (Cost $25,354,789)		$	26,338,360
Other Assets in Excess of Liabilities - 0.4%			102,512
TOTAL NET ASSETS - 100.0%		$	26,440,872

Percentages are stated as a percent of net assets.

ADR - American Depositary Receipt

PLC - Public Limited Company

(a)	Represents less than 0.05% of net assets.
(b)	The rate shown represents the 7-day effective yield as of February 29, 2024.

Summary of Fair Value Exposure at February 29, 2024 (Unaudited)

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 February 29, 2024: 

Sound Equity Dividend Income ETF                                

	Level 1		Level 2		Level 3		Total
Assets:
Common Stocks	$	26,333,510	$	—	$	—	$	26,333,510
Money Market Funds		4,850		—		—		4,850
Total Assets	$	26,338,360	$	—	$	—	$	26,338,360

Refer to the Schedule of Investments for industry classifications.