Venturi Wealth Management, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison

Introduction:

In the fast-paced world of finance, it is crucial for wealth management firms to stay updated on the changes in their holdings. In this article, we will analyze and compare the Q3 2023 and Q4 2023 13F Holdings of Venture Wealth Management, LLC. We will delve into the data provided, identify the changes in holdings, and discuss the potential implications of these changes.

VUG: Vanguard Index Funds

One of the significant changes in Venture Wealth Management's holdings was seen in VUG, the Vanguard Index Funds. The number of shares held in Q4 2023 increased by 24,648, reaching a total of 348,572 shares. This represents a significant increase of 22.9% compared to the Q3 holdings. The value of these shares also rose from $88,207,000 to $108,364,000, reflecting a strong positive growth of 22.9%. This increase indicates Venture Wealth Management's confidence in the performance of the Vanguard Index Funds and their potential to generate returns for their clients.

VOO: Vanguard Index Funds

Another notable change was observed in Venture Wealth Management's holdings of VOO, another Vanguard Index Fund. The number of shares held decreased from 255,188 in Q3 2023 to 245,667 in Q4 2023, representing a 7.1% decrease. However, the value of these shares increased from $100,215,000 to $107,307,000, indicating that despite the reduction in the number of shares, the value of the holdings remained relatively stable. This suggests that Venture Wealth Management may have strategically adjusted their holdings to optimize their portfolio or make room for other investments.

IUSV: iShares TR

In the iShares TR category, Venture Wealth Management experienced a significant decrease in their holdings of IUSV. The number of shares held dropped from 826,452 in Q3 2023 to 638,457 in Q4 2023, representing a substantial decrease of 187,995 shares or 12.7%. This reduction in shares also reflected in the value, which decreased from $61,672,000 to $53,841,000, indicating a decrease of 12.7%. This decrease suggests that Venture Wealth Management may have adjusted their strategy for the iShares TR category and reallocated their resources to other potential investment opportunities.

EMB: iShares TR

Another noteworthy change in Venture Wealth Management's holdings can be seen in EMB, an iShares TR. The number of shares held decreased from 604,982 in Q3 2023 to 447,460 in Q4 2023, indicating a substantial decrease of 157,522 shares or 20.2%. The value of these shares also declined from $49,923,000 to $39,850,000, reflecting a decrease of 20.2%. This decline indicates that Venture Wealth Management may have adjusted their portfolio strategy and reduced their exposure to EMB, potentially due to volatility or changes within the iShares TR category.

Conclusion:

In conclusion, Venture Wealth Management, LLC experienced notable changes in their holdings between Q3 2023 and Q4 2023. While they increased their holdings in VUG, a Vanguard Index Fund, they reduced their holdings in VOO and IUSV. Additionally, they decreased their exposure to EMB, an iShares TR. These changes suggest that Venture Wealth Management is actively managing their portfolio, making adjustments to optimize their investments for their clients. It is crucial for wealth management firms to stay vigilant and adapt to market changes, ensuring that their clients' portfolios remain diversified and primed for growth.