Pinnacle Wealth Management Advisory Group, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction:

In the ever-evolving world of investments, keeping track of changes in the holdings of funds is crucial. Pinnacle Wealth Management Advisory Group, LLC recently released their 13F Holdings Comparison for Q2 2023 and Q3 2023. This quarterly report provides valuable insights into the shifts in holdings and values of various stocks and ETFs. In this article, we will delve into some of the notable changes observed in the report and analyze their potential implications.

Title: "Unveiling Pinnacle Wealth Management's Q2 2023 to Q3 2023 13F Holdings Comparison"

Pinnacle Wealth Management Advisory Group, LLC has released their Q2 2023 to Q3 2023 13F Holdings Comparison. This report sheds light on the changes in holdings and values of different stocks and ETFs. Understanding these shifts can provide investors and analysts with valuable insights. Let's dive into the data and explore the potential impact of these changes.

Analysis:

One of the standout changes in the holdings comparison is the significant drop in Apple Inc's shares. During this quarter, Apple saw a decrease of 4,932 shares, resulting in a 13.6% decrease in value. While this may raise concerns for some investors, it's important to note that Apple remains a tech giant with a strong market presence. Other notable decreases include iShares MSCI USA Quality and Microsoft Corp, with both experiencing drops of 1.8% and 7.9% in value, respectively.

On the flip side, Vanguard High Dividend Yield ETF and Schwab US DVD Equity ETF witnessed minor increases in their holdings. The former saw a 1.6% increase, while the latter experienced a 2.4% increase. These changes indicate a potential shift in investor sentiment towards high dividend yield ETFs. It will be interesting to see if this trend continues in the coming quarters.

Vanguard Small-Cap ETF, on the other hand, experienced a 3.3% decrease in value, mirroring a broader trend in small-cap ETFs. Similarly, SPDR S&P 500 ETF Trust saw a dip of 7.1% in value, suggesting a potential decrease in investor confidence in the S&P 500 index. These changes may prompt investors to reassess their portfolios and consider diversification strategies.

Another noteworthy shift can be seen in the Vanguard US Total Stock Market ETF, which saw a 2.4% increase in value. This highlights a potential preference for investing in the entire US stock market rather than focusing solely on individual stocks or sectors. Likewise, Vanguard FTSE All World Ex US ETF experienced a small decrease of 1.4% in value, indicating a possible decrease in international market exposure.

It's also interesting to observe the changes in holdings of various pharmaceutical companies. Merck & Co and Pfizer Inc both witnessed decreases in holdings, with drops of 11.1% and 6.8% in value, respectively. On the contrary, Amgen Inc saw a significant increase of 31.1% in value, suggesting a potential market shift towards the biotech industry.

Conclusion:

Pinnacle Wealth Management Advisory Group, LLC's Q2 2023 to Q3 2023 13F Holdings Comparison reveals several interesting changes in holdings and values of stocks and ETFs. While these changes can provide valuable insights, it's important for investors to remember that they should conduct their own research and analysis before making any investment decisions. The stock market is constantly evolving, and understanding the underlying factors behind these changes is key to successful investing. Stay tuned for future reports and keep an eye on the ever-changing investment landscape.