MinichMacGregor Wealth Management, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

The Importance of Understanding Changes in Fund Holdings

In the world of finance, keeping track of changes in fund holdings is crucial for investors and financial professionals alike. By analyzing these shifts in investments, market participants can gain insights into market trends, investor sentiment, and potential market opportunities. In this article, we will explore the quarterly holdings comparison for MinichMacGregor Wealth Management, LLC from Q1 2023 to Q2 2023.

ITB: iShares Trust

One of the most significant changes in MinichMacGregor Wealth Management's fund holdings was observed with the iShares Trust (ITB). In Q1 2023, MinichMacGregor held 138,715 shares of ITB, with a value of $9,750,000. However, by Q2 2023, their holdings skyrocketed to 251,682 shares, valued at $21,503,000. This represents a remarkable increase of 120.5% in shares and a substantial increment in value. Such a substantial increase suggests that MinichMacGregor has a positive outlook on the iShares Trust and its underlying assets.

SCHG: Schwab Strategic Trust

Another notable change in MinichMacGregor's fund holdings occurred with the Schwab Strategic Trust (SCHG). In Q1 2023, MinichMacGregor held 38,430 shares with a value of $2,504,000. However, in Q2 2023, their holdings surged to 250,554 shares, with a value of $18,779,000. This represents an incredible increase of 649.8% in shares and value. MinichMacGregor's significant increase in holdings shows their growing confidence in the Schwab Strategic Trust and its potential for growth.

GLD: SPDR Gold Trust

Changes were also observed in MinichMacGregor's holdings of the SPDR Gold Trust (GLD). In Q1 2023, they held 93,934 shares of GLD, valued at $17,210,000. By Q2 2023, their holdings increased to 101,115 shares, worth $18,025,000. This represents a 4.7% increase in shares and a modest appreciation in value. MinichMacGregor's decision to increase their holdings in GLD suggests that they believe in the resilience and long-term potential of gold as an investment.

FEZ: SPDR Index Shares Funds

Another significant change occurred with MinichMacGregor's holdings in the SPDR Index Shares Funds (FEZ). In Q1 2023, they held 195,635 shares of FEZ, valued at $8,784,000. However, in Q2 2023, their holdings skyrocketed to 350,546 shares, with a value of $16,118,000. This represents an impressive increase of 83.5% in shares and a substantial increment in value. MinichMacGregor's decision to increase their holdings in FEZ suggests their confidence in the European equities market and its potential for growth.

BOND: PIMCO ETF Trust

In contrast to the above-mentioned increases, MinichMacGregor's holdings of the PIMCO ETF Trust (BOND) experienced a decrease. In Q1 2023, they held 194,461 shares of BOND, valued at $18,037,000. However, in Q2 2023, their holdings decreased to 129,440 shares, worth $11,859,000. This represents a decrease of 34.3% in shares and a decline in value. The reduction in MinichMacGregor's holdings suggests a change in their investment strategy or outlook for the PIMCO ETF Trust.

Summary

Overall, MinichMacGregor Wealth Management, LLC made significant changes to their fund holdings from Q1 2023 to Q2 2023. Their decision to increase holdings in ITB, SCHG, and FEZ indicates a positive outlook on these investments and a potential for future growth. However, the decrease in BOND holdings suggests a shifting strategy or change in sentiment towards the PIMCO ETF Trust. Understanding these changes in fund holdings is essential for investors and finance professionals as they navigate the ever-changing landscape of the financial market.