FORVIS Wealth Advisors, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison

In today's ever-changing financial landscape, staying updated on the performance and holdings of investment funds is crucial for investors and financial professionals alike. The comparison of 13F holdings can provide valuable insights into the investment strategies and trends of different funds. In this article, we will explore the Q3 2023 vs. Q4 2023 13F holdings comparison of FORVIS Wealth Advisors, LLC.

FORVIS Wealth Advisors, LLC is a respected wealth management firm known for its expertise in navigating the financial markets and delivering consistent returns for its clients. By analyzing their 13F holdings, we can gain a deeper understanding of their investment decisions and the shifts in their portfolio from Q3 2023 to Q4 2023.

Let's dive into the data and explore some of the significant changes in their holdings during this period:

1. VANGUARD INDEX FDS (VTI):

- Q3 2023 (SHARES): 3,693,456

- Q4 2023 (SHARES): 3,737,750

- Q3 2023 VALUE ($000): 784,527

- Q4 2023 VALUE ($000): 886,668

- Chg %: 13%

FORVIS Wealth Advisors, LLC increased its holdings in VTI by 44,294 shares during this period. This change represents a 13% increase in the overall value of their holdings in VTI.

2. VANGUARD INTL EQUITY INDEX F (VEU):

- Q3 2023 (SHARES): 5,843,142

- Q4 2023 (SHARES): 5,953,837

- Q3 2023 VALUE ($000): 303,083

- Q4 2023 VALUE ($000): 334,248

- Chg %: 10.3%

FORVIS Wealth Advisors, LLC also increased its holdings in VEU, adding 110,695 shares during the period. The value of their holdings in VEU saw a 10.3% increase, reflecting the upward movement in the market for international equities.

3. ISHARES TR (AGG):

- Q3 2023 (SHARES): 945,662

- Q4 2023 (SHARES): 1,051,055

- Q3 2023 VALUE ($000): 88,930

- Q4 2023 VALUE ($000): 104,317

- Chg %: 17.3%

AGG, an ETF provided by iShares, also witnessed an increase in holdings by FORVIS Wealth Advisors, LLC. With an addition of 105,393 shares, the value of their holdings in AGG experienced a significant 17.3% surge, indicating their focus on fixed-income securities.

4. SCHWAB STRATEGIC TR (SCHB):

- Q3 2023 (SHARES): 1,628,976

- Q4 2023 (SHARES): 1,618,053

- Q3 2023 VALUE ($000): 81,204

- Q4 2023 VALUE ($000): 90,077

- Chg %: 10.9%

FORVIS Wealth Advisors, LLC slightly reduced its holdings in SCHB by 10,923 shares. However, the value of their holdings still experienced a 10.9% increase, suggesting their continued interest in broad-market exposure.

5. FIDELITY MERRIMACK STR TR (FBND):

- Q3 2023 (SHARES): 1,368,327

- Q4 2023 (SHARES): 1,844,256

- Q3 2023 VALUE ($000): 59,604

- Q4 2023 VALUE ($000): 84,909

- Chg %: 42.5%

FORVIS Wealth Advisors, LLC significantly increased its holdings in FBND, adding 475,929 shares during this period. The value of their holdings saw an impressive 42.5% surge, indicative of their confidence in Fidelity's bond offerings.

The aforementioned changes in holdings represent just a few examples of FORVIS Wealth Advisors, LLC's strategy adjustments during Q3 2023 and Q4 2023. It's important to note that these holdings are subject to market fluctuations and can change over time as the fund's managers rebalance their portfolios based on market conditions and investment strategies.

By studying the 13F holdings data, investors and financial professionals can gain valuable insights into the investment decisions and strategies of wealth management firms like FORVIS Wealth Advisors, LLC. However, it's essential to remember that 13F filings provide information with a certain time lag, and it's prudent to consult the most recent filings and conduct comprehensive research to make informed investment decisions.

Overall, analyzing 13F holdings can provide a glimpse into the investment trends and strategies of prominent wealth management firms, helping investors make more informed decisions and stay updated on the constantly evolving financial landscape.