Glassman Wealth Services reveals significant changes in Q4 2022 vs. Q1 2023 fund holdings

Glassman Wealth Services has recently filed their Q4 2022 and Q1 2023 13F reports with the SEC, and the results are in. This report gives insight into the holdings of the fund, their values, and the percentage changes over this period. In this blog post, we will take a closer look at some of the significant changes and what they may mean for Glassman Wealth Services and investors.

Firstly, let's take a closer look at some of the biggest gainers in Q1 2023 compared to Q4 2022:

- VEU (Vanguard Intl Equity Index F) saw an increase in shares held from 676,974 to 744,139, representing a 17.2% increase in overall value.

- DFAX (Dimensional ETF Trust) saw an increase in shares held from 974,195 to 1,059,592, representing a 16.1% increase in overall value.

These gains are significant and could indicate a strong belief in the international markets and a move toward ETFs.

Now let's take a closer look at some of the biggest losers:

- UNH (Unitedhealth Group Inc) saw a decrease in shares held from 4,568 to 2,289, representing a massive 55.3% decrease in overall value.

- PG (Procter and Gamble Co) saw a decrease in shares held from 11,122 to 7,814, representing a 31.1% decrease in overall value.

These losses may not be a reflection of the company but rather a shift in the Glassman Wealth Services portfolio as they try to reduce their exposure to these stocks and sectors.

Notable mentions go to AAPL (Apple Inc) with a 15.2% increase in value and NVIDIA Corporation with a massive 71.2% increase in value. Both companies have seen strong growth in their respective sectors, and it appears Glassman Wealth Services may be bullish on their future prospects.

It's also essential to note that Glassman Wealth Services reduced their holdings in some ETFs such as VTEB (Vanguard Mun BD FDS), which saw a 14.5% decrease in overall value. This could suggest that they may be reducing their exposure to the bond market or may have found better opportunities elsewhere.

In conclusion, Glassman Wealth Services experienced some significant changes in their holdings between Q4 2022 and Q1 2023. These changes could reflect a shift in their investment strategy or a move towards certain sectors, stocks, and ETFs. As always, investors should conduct their own research before making any investment decisions and consider their overall investment goals and risk tolerance.