Instuitional Investor - Hills Bank & Trust Co

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr Series Trust	KRE	3,411,823	$299,831,005	12.76%
2.	Vanguard Tax-Managed Fds		2,406,484	$171,461,985	7.3%
3.	Spdr S & P 500 Etf Trust	SPY	207,251	$154,768,829	6.59%
4.	Federated Hermes Etf Trust		5,613,451	$140,869,559	5.99%
5.	American Centy Etf Tr		1,125,936	$101,289,202	4.31%