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Form 13F-HR SJA Financial Advisory, For: Mar 31

May 14, 2021 1:08 PM EDT

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 03-31-2021
Check here if Amendment   Amendment Number:
This Amendment (Check only one.):   is a restatement.
  adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: SJA Financial Advisory, LLC
Address: 10401 W. INNOVATION DRIVE
SUITE 100
WAUWATOSA , WI53226
Form 13F File Number: 028-18465

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Angela L. Pingel
Title: General Counsel and CCO
Phone: 414.390.1496
Signature, Place, and Date of Signing:
/s/ Angela L. Pingel Wauwatosa , WI 05-14-2021
[Signature] [City, State] [Date]
Report Type (Check only one.):
X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
  13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
  13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 44
Form 13F Information Table Value Total: 128,726
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Form 13F File Number Name

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
SPDR NUVEEN BLOOMBERG BARCLAYS SHORT TERM MUNICIPAL BOND ETF ETF 78468R739 1,217 24,552 SH SOLE 0 0 0 24,551
VANGUARD REIT INDEX ETF ETF 922908553 4,013 43,688 SH SOLE 0 2,327 0 41,360
ISHARES TRS&P SHORT TERM NATL MUNICIPAL BD FD ETF 464288158 253 2,348 SH SOLE 0 0 0 2,348
SPDR S&P 500 ETF ETF 78462F103 221 556 SH SOLE 0 0 0 556
ISHARES TR S&P/CITIGROUP INTL TREASURY BD ETF ETF 464288117 963 18,546 SH SOLE 0 567 0 17,978
ISHARES RUSSELL 2000 VALUE ETF 464287630 540 3,383 SH SOLE 0 479 0 2,903
SCHWAB U.S. SMALL-CAP ETF ETF 808524607 245 2,455 SH SOLE 0 0 0 2,454
ISHARES RUSSELL 1000 GROWTH ETF ETF 464287614 1,508 6,206 SH SOLE 0 0 0 6,206
SCHWAB U.S. BROAD MARKET ETF ETF 808524102 232 2,398 SH SOLE 0 0 0 2,398
SCHWAB INTERNATIONAL EQUITY ETF ETF 808524805 637 16,943 SH SOLE 0 0 0 16,942
SCHWAB U.S. LARGE-CAP ETF ETF 808524201 2,763 28,774 SH SOLE 0 0 0 28,774
ISHARES US REAL ESTATE ETF ETF 464287739 1,549 16,846 SH SOLE 0 2,936 0 13,909
SCHWAB U.S. LARGE-CAP GROWTH ETF ETF 808524300 2,768 21,331 SH SOLE 0 0 0 21,331
ISHARES S&P SMALLCAP 600 ETF ETF 464287804 1,008 9,292 SH SOLE 0 0 0 9,291
SCHWAB EMERGING MARKETS EQUITY ETF ETF 808524706 392 12,341 SH SOLE 0 0 0 12,341
SCHWAB U.S. LARGE-CAP VALUE ETF ETF 808524409 2,399 36,745 SH SOLE 0 0 0 36,745
SPDR S&P MIDCAP 400 ETF ETF 78467Y107 645 1,354 SH SOLE 0 0 0 1,354
SPDR S&P 400 MID CAP GROWTH ETF ETF 78464A821 1,344 17,890 SH SOLE 0 0 0 17,889
SPDR S&P 400 MID CAP VALUE ETF ETF 78464A839 611 9,341 SH SOLE 0 0 0 9,340
ISHARES RUSSELL MIDCAP VALUE INDEX ETF 464287473 1,351 12,363 SH SOLE 0 1,188 0 11,174
ISHARES RUSSELL 2000 ETF ETF 464287655 1,024 4,636 SH SOLE 0 0 0 4,636
SCHWAB US AGGREGATE BOND ETF ETF 808524839 298 5,532 SH SOLE 0 0 0 5,531
ISHARES TRUST CORE MSCI TOTAL INTL STK ETF ETF 46432F834 1,423 20,244 SH SOLE 0 5,956 0 14,287
ISHARES CORE MSCI EAFE ETF 46432F842 20,396 283,084 SH SOLE 0 8,477 0 274,607
ISHARES CORE MSCI EMERGING MKTS ETF 46434G103 8,441 131,146 SH SOLE 0 7,019 0 124,126
ISHARES TRUST CORE SHORT-TERM US BD ETF ETF 46432F859 251 4,890 SH SOLE 0 0 0 4,890
VANGUARD TOTAL INTERNATIONAL BOND ETF ETF 92203J407 450 7,881 SH SOLE 0 0 0 7,881
ISHARES TR RUSSELL MIDCAP INDEX FD ETF 464287499 579 7,831 SH SOLE 0 0 0 7,830
ISHARES S&P SMALL-CAP 600 GROWTH ETF ETF 464287887 2,721 21,220 SH SOLE 0 1,340 0 19,879
FIDELITY MSCI MATERIALS INDEX ETF ETF 316092881 686 15,499 SH SOLE 0 0 0 15,498
ISHARES S&P 500 VALUE ETF ETF 464287408 9,124 64,596 SH SOLE 0 6,362 0 58,233
ISHARES S&P 500 GROWTH ETF ETF 464287309 7,673 117,846 SH SOLE 0 1,423 0 116,421
ISHARES S&P 500 INDEX ETF 464287200 13,748 34,558 SH SOLE 0 2,028 0 32,528
SPDR PORTFOLIO EMERGING MARKETS ETF ETF 78463X509 1,073 24,511 SH SOLE 0 1,482 0 23,028
VANGUARD FTSE DEVELOPED MARKETS ETF ETF 921943858 5,752 117,119 SH SOLE 0 3,482 0 113,636
ISHARES AGGREGATE BOND ETF ETF 464287226 1,087 9,551 SH SOLE 0 606 0 8,944
ISHARES S&P SMALLCAP 600 VALUE ETF ETF 464287879 4,223 41,922 SH SOLE 0 1,637 0 40,284
ISHARES S&P MID-CAP 400 GROWTH ETF ETF 464287606 9,036 115,305 SH SOLE 0 8,827 0 106,478
ISHARES S&P MIDCAP 400 VALUE ETF ETF 464287705 4,892 47,998 SH SOLE 0 3,321 0 44,677
MFS INVT GRADE MUN TR SH BEN INT CEF 59318B108 313 31,911 SH SOLE 0 0 0 31,910
ISHARES J.P. MORGAN USD EMERGING MARKETS BOND ETF ETF 464288281 2,516 23,107 SH SOLE 0 3,238 0 19,868
ISHARES CORE S&P MID CAP ETF ETF 464287507 2,562 9,842 SH SOLE 0 883 0 8,958
ISHARES RUSSELL 1000 ETF ETF 464287622 1,665 7,437 SH SOLE 0 0 0 7,437
ISHARES RUSSELL 1000 VALUE ETF ETF 464287598 4,134 27,280 SH SOLE 0 796 0 26,483


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