Twele Capital Management, Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison

The second quarter of 2023 proved to be an eventful period for Twele Capital Management, Inc., as their 13F holdings underwent significant changes compared to the third quarter of the same year. In this article, we will delve into the details of these changes and analyze their potential implications.

ISHARES TR - IWB

One of the most notable changes in Twele Capital Management's portfolio was their holdings in ISHARES TR (IWB). In Q2 2023, they held 391,132 shares, which decreased to 358,022 shares in Q3 2023, marking an 11.8% decrease. The value of their holdings also experienced a decline, dropping from $95,334,000 to $84,102,000.

ISHARES TR - IVV

Another significant change occurred in Twele Capital Management's holdings of ISHARES TR (IVV). They held 156,053 shares in Q2 2023, which decreased to 150,897 shares in Q3 2023, reflecting a decrease of 6.8%. The value of their IVV holdings also declined from $69,554,000 to $64,799,000.

ISHARES TR - AGG

Twele Capital Management's holdings in ISHARES TR (AGG) experienced a slight drop as well. They held 544,794 shares in Q2 2023, which decreased marginally to 542,646 shares in Q3 2023, implying a 4.4% decrease. The value of their AGG holdings also declined from $53,362,000 to $51,030,000.

VANGUARD BD INDEX FDS - BND

In terms of their holdings in VANGUARD BD INDEX FDS (BND), Twele Capital Management held 631,666 shares in Q2 2023, which decreased to 624,893 shares in Q3 2023, indicating a 5% decrease. The value of their BND holdings also experienced a decline from $45,915,000 to $43,605,000.

VANGUARD INDEX FDS - VOO

Twele Capital Management's holdings in VANGUARD INDEX FDS (VOO) saw a minor decrease as well. They held 101,929 shares in Q2 2023, which decreased marginally to 101,756 shares in Q3 2023, implying a 3.7% decrease. The value of their VOO holdings also declined from $41,513,000 to $39,959,000.

ISHARES INC - IEMG

Twele Capital Management's holdings in ISHARES INC (IEMG) experienced a more substantial decrease. They held 790,437 shares in Q2 2023, which decreased to 752,522 shares in Q3 2023, marking an 8.1% decrease. The value of their IEMG holdings also experienced a decline from $38,960,000 to $35,812,000.

ISHARES TR - IEF

In terms of their holdings in ISHARES TR (IEF), Twele Capital Management held 356,490 shares in Q2 2023, which slightly increased to 357,215 shares in Q3 2023, suggesting a marginal 5% increase. However, the value of their IEF holdings declined from $34,436,000 to $32,717,000.

VANGUARD WHITEHALL FDS - VYM

Twele Capital Management's holdings in VANGUARD WHITEHALL FDS (VYM) remained relatively stable, with 303,501 shares held in Q2 2023 and 302,897 shares held in Q3 2023. The value of their VYM holdings also saw a minimal decrease from $32,192,000 to $31,295,000.

ISHARES TR - EFA

In the case of their holdings in ISHARES TR (EFA), Twele Capital Management held 312,999 shares in Q2 2023, which decreased to 305,129 shares in Q3 2023, marking a 7.3% decrease. The value of their EFA holdings also experienced a decline from $22,692,000 to $21,029,000.

ISHARES TR - IJH

Another noteworthy change occurred in Twele Capital Management's holdings of ISHARES TR (IJH). They held 74,993 shares in Q2 2023, which decreased to 74,735 shares in Q3 2023, reflecting a 5% decrease. The value of their IJH holdings also declined from $19,609,000 to $18,635,000.

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In conclusion, Twele Capital Management, Inc. witnessed several changes in their 13F holdings during the transition from Q2 2023 to Q3 2023. As we have highlighted throughout this article, some holdings experienced minor fluctuations, while others saw more significant decreases. These shifts in their portfolio holdings may indicate a strategic adjustment in response to market conditions or a reallocation of resources. It will be interesting to observe how these changes impact Twele Capital Management's future investment strategies and performance.