Benchmark Financial Wealth Advisors, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Benchmark Financial Wealth Advisors, LLC is a prominent financial institution that manages investment portfolios for its clients. In this blog post, we will be analyzing the changes in their holdings between the second quarter (Q2) and the third quarter (Q3) of 2023, based on the data obtained from their 13F filings. Let's dive into the details and explore the shifts in Benchmark Financial's investments.

Vanguard Index Funds (VTI) saw a minimal increase in shares from 126,463 in Q2 to 127,473 in Q3, with a slight decrease in value from $27,857,000 to $27,076,000. Similarly, Schwab Strategic TR (SCHF) experienced a minor increase in shares from 697,290 to 728,327, while the value declined slightly from $24,858,000 to $24,733,000, indicating a negligible change in holdings.

However, one of the significant changes in Benchmark Financial's portfolio was witnessed in the holding of SPDR S&P 500 ETF TR (SPY). The number of shares for SPY increased from 49,040 in Q2 to 52,716 in Q3, accompanied by a rise in value from $21,738,000 to $22,534,000, reflecting a positive growth of 3.7% in the investment.

On the other hand, Legg Mason ETF Invt (LVHD) experienced a decrease in both shares and value. The number of shares dropped from 647,659 in Q2 to 629,968 in Q3, and the value declined from $23,749,000 to $21,343,000, indicating a decline of 10.1% in holdings.

Moving on, iShares TR (ITOT) also witnessed a slight decrease in shares from 198,158 to 200,013, accompanied by a decline in value from $19,387,000 to $18,839,000. This change resulted in a decrease of 2.8% in the investment.

Similarly, iShares TR (IJR) experienced a decrease in both shares and value. The number of shares decreased from 112,444 in Q2 to 111,761 in Q3, and the value dropped from $11,205,000 to $10,542,000, suggesting a decline of 5.9% in the portfolio.

On the other hand, Select Sector SPDR TR (XLV) witnessed a growth in both shares and value. The number of shares increased from 65,903 in Q2 to 69,781 in Q3, and the value rose from $8,747,000 to $8,983,000, indicating a positive change of 2.7% in holdings.

Apple Inc (AAPL) encountered a decrease in both shares and value as well. The number of shares dropped from 36,749 in Q2 to 36,915 in Q3, and the value declined from $7,128,000 to $6,320,000, representing a decline of 11.3% in the investment.

Vanguard Index Funds (VO) also suffered a minor setback in their holdings. The number of shares decreased from 28,642 in Q2 to 28,954 in Q3, and the value decreased from $6,305,000 to $6,029,000, indicating a decline of 4.4% in the investment.

Furthermore, iShares TR (IWM) witnessed a modest decrease in shares from 27,587 to 28,148, accompanied by a decline in value from $5,166,000 to $4,974,000, suggesting a decrease of 3.7% in the investment.

Invesco Exchange Traded FD T (RSP) experienced a drop in both shares and value. The number of shares decreased from 33,275 in Q2 to 32,739 in Q3, and the value declined from $4,979,000 to $4,638,000, indicating a decline of 6.8% in the portfolio.

These are just a few highlights of the changes in Benchmark Financial Wealth Advisors, LLC's holdings during the transition from Q2 to Q3 of the year 2023. It is important to note that these figures reflect the fluctuations in their investments and may not provide a comprehensive picture of their entire portfolio. However, they offer valuable insights into the shifts in their holdings and their approach to investment management.

As an investor, it is crucial to closely monitor these changes and stay informed about the market trends. This information can help make informed decisions regarding your own investment strategies. Remember, diversification and staying updated with market dynamics are key factors in achieving long-term financial stability.

Disclaimer: The data mentioned in this article is based on publicly available information from Benchmark Financial Wealth Advisors, LLC's 13F filings. The analysis provided is for informational purposes only and should not be construed as investment advice. Always consult with a financial professional before making any investment decisions.