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Summit Financial Wealth Advisors, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Ava Hoppe | 20 July, 2023

It's always interesting to see how the holdings of a fund change over time. In this article, we will analyze the changes in the holdings of Summit Financial Wealth Advisors, LLC from the first quarter (Q1) of 2023 to the second quarter (Q2) of 2023, based on the 13F filings.

VUG - Vanguard Index FDS:

One significant change in the fund's holdings is the increase in shares of the Vanguard Index FDS (VUG). In Q1 2023, the fund held 123,382 shares, which rose to 127,648 shares in Q2 2023. This increase of 17.4% shows the fund's confidence in the performance of Vanguard Index FDS.

FDL - First Tr Morningstar Divid L:

The fund's holdings in the First Tr Morningstar Divid L (FDL) experienced a slight decrease. In Q1 2023, the fund held 831,258 shares, which decreased to 824,616 shares in Q2 2023. While the change is minimal (-5%), it indicates a shift in the fund's strategy.

VYMI - Vanguard Whitehall FDS:

The Vanguard Whitehall FDS (VYMI) saw an increase in the fund's holdings. In Q1 2023, the fund held 352,974 shares, which rose to 372,431 shares in Q2 2023. This change of 7.6% suggests that Summit Financial Wealth Advisors, LLC sees growth potential in the Vanguard Whitehall FDS.

NOBL - ProShares TR:

Summit Financial Wealth Advisors, LLC also had a small decrease in holdings of ProShares TR (NOBL). The fund held 220,923 shares in Q1 2023, which decreased to 216,712 shares in Q2 2023. The change of 1.4% might be a reflection of the fund's reevaluations of its investment strategy.

PFF - iShares TR:

The iShares TR (PFF) saw an increase in the fund's holdings. In Q1 2023, the fund held 516,025 shares, which rose to 555,055 shares in Q2 2023. The change of 6.6% indicates that Summit Financial Wealth Advisors, LLC sees potential in the iShares TR and wants to capitalize on it.

These are just a few examples of the changes in holdings for Summit Financial Wealth Advisors, LLC. The full list of changes can be found in the 13F filing for Q1 2023 and Q2 2023. It's important to note that these changes represent the fund's outlook and can provide valuable insights for investors.

In conclusion, analyzing the changes in holdings can give us a glimpse into the strategy of Summit Financial Wealth Advisors, LLC. It shows how the fund adjusts its portfolio to adapt to market conditions and take advantage of investment opportunities. As always, it's essential for investors to conduct their own research and consider their individual financial goals before making any investment decisions.

Remember, the information presented here is based on public filings and should not be considered financial advice. Investing involves risks, and past performance is not indicative of future results.

Source: 13F filings for Summit Financial Wealth Advisors, LLC Q1 2023 and Q2 2023.

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