Comparing the Q4 2022 and Q1 2023 Holdings of Financial Advisory Group: Which Companies Were Added or Dropped?

The world of finance is always moving, and investors need to be up to date on the latest changes in the holdings of funds they are invested in. In this article, we will explore the changes in holdings of the Financial Advisory Group between Q4 2022 and Q1 2023, delving into which companies were added, which were dropped, and what the percentage change in holdings were for each.

Starting with the companies that saw the highest percentage increase in holdings, we see that Apple Inc. had a significant jump of 24.7%. In Q4 2022, the Financial Advisory Group had 85,879 shares of Apple, and that number increased to 84,372 in Q1 2023. This represents a jump of 11,758 shares and a corresponding increase in value from $11,158,000 to $13,912,000. This is a sizable increase for any company, and it shows that the Financial Advisory Group has a lot of confidence in Apple's future.

Another company with a significant increase in holdings is Salesforce.com, Inc. The Financial Advisory Group had 102,088 shares in Q4 2022, and this increased to 62,416 in Q1 2023. While the number of shares decreased, this still represents an increase of 8% in value. This shows that the Financial Advisory Group still sees value in the company, even if they have decreased their overall holdings.

On the other hand, there were some companies that saw a significant drop in holdings. One such company is Vanguard Scottsdale Funds, with their ETF VCIT. In Q4 2022, the Financial Advisory Group had 102,088 shares worth $7,913,000. In Q1 2023, they only held 62,416 shares, a decrease of 38.9%, and the value of their holdings dropped to $5,007,000. This is a substantial drop and indicates that the Financial Advisory Group has lost confidence in the company's future.

Another company that saw a significant drop in holdings is iShares Trust (MBB). The Financial Advisory Group held 128,608 shares of MBB in Q4 2022, but this decreased to 82,068 shares in Q1 2023. This represents a significant drop in value of 34.8%. It is hard to know why the Financial Advisory Group decided to drop their holdings in MBB, but it may be due to concerns about the company's future performance.

Overall, there were many companies whose holdings either increased or decreased, but some saw little change. For example, the Financial Advisory Group held 9,036 shares of Exxon Mobil Corporation in both Q4 2022 and Q1 2023, indicating that they have no significant concerns about the company's future.

In conclusion, the Financial Advisory Group's Q4 2022 and Q1 2023 holdings comparison shows a lot of changes in the companies they chose to invest in. Some companies saw growth in both shares and value, while others saw a decrease. Of course, this is just one snapshot in time, and we can expect further changes in the future. Nonetheless, this information can help investors make informed decisions about where to invest their money and what companies seem to be performing well and those that show signs of trouble.