Ironwood Wealth Management, LLC. Q4 2022 vs. Q1 2023: An Overview of Holdings Comparison

Ironwood Wealth Management, LLC. recently filed its Form 13F with the U.S. Securities and Exchange Commission (SEC) for Q1 2023, revealing its holdings comparison against Q4 2022. 13F is a quarterly report filed by institutional investment managers with at least $100 million in assets under management, providing a snapshot of their holdings at the end of each quarter.

Ironwood Wealth Management, LLC. Holdings

As per the 13F filing, Ironwood Wealth Management, LLC. reported $495 million worth of holdings in Q1 2023, compared to $477 million in Q4 2022, representing a 3.8% increase. The number of shares held by the firm increased from 2,613,301 to 2,695,376, representing a 3.14% change.

Top Holdings

Ironwood Wealth Management, LLC.’s top five holdings in Q4 2022 were iShares Core MSCI Emerging Markets ETF (IEMG), iShares 7-10 Year Treasury Bond ETF (IEF), Invesco BulletShares 2024 Corporate Bond ETF (BSCO), iShares Core S&P Mid-Cap ETF (IJH), and SPDR Developed World Ex-US ETF (SPDW), with a combined value of $89.4 million, which made up 18.74% of the total portfolio.

In Q1 2023, the top five holdings remained unchanged, with a combined value of $95.8 million, accounting for 19.32% of the total portfolio. The top holdings also saw an increase in value, with IEMG and IEF recording a 5.8% and 11.1% increase, respectively.

Notable Changes

Ironwood Wealth Management, LLC. increased its holdings in iShares S&P 500 Index ETF (IVV) and decreased holdings in SPDR S&P 500 ETF (SPY) during the period of Q4 2022 to Q1 2023. The firm's holdings in IVV increased by 4.6%, while holdings in SPY decreased by 3.7%. The percentage of total holdings in IVV increased from 7.02% to 7.40%, while holdings in SPY decreased from 1.19% to 1.15%.

Another significant change was Ironwood Wealth Management, LLC.’s purchase of 911,070 shares of iShares MSCI ACWI ETF (ACWI) in Q1 2023, with a value of $210,000. The firm's holdings in ACWI increased by 77.6%, and the percentage of total holdings in ACWI increased from 0.02% to 0.04%.

Conclusion

Ironwood Wealth Management, LLC. recorded an increase in its total portfolio value in Q1 2023 compared to Q4 2022, with significant changes in holdings noticed in iShares S&P 500 Index ETF, SPDR S&P 500 ETF, and iShares MSCI ACWI ETF. Investors can use the information provided in the 13F filing as a reference when making investment decisions or analyzing trends in institutional investments.