REDW Wealth LLC's Q3 vs Q4 2022 13F Holdings: Strategic Shifts in Market Trends

REDW Wealth LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

REDW Wealth LLC is an independent wealth management firm that provides a range of services including financial planning, investment management, and tax planning. One of the key tools that the firm uses to manage its clients' investments is 13F filings. These filings are required by the Securities and Exchange Commission (SEC) and provide a quarterly snapshot of a fund's holdings.

The most recent 13F filings by REDW Wealth LLC cover Q3 2022 and Q4 2022. These filings show a number of interesting changes in the firm's holdings. In this blog post, we will summarize these changes and provide some insights into what they mean for investors.

VTI - Vanguard Index Fds

Beginning with the VTI - Vanguard Index Fds, the Q3 2022 held 179,193 shares, while Q4 2022 held 178,577 Shares. The value of shares in Q3 2022 was $32,160,000, which increased by 6.2% to $34,142,000 in Q4 2022. This data implies that the firm slightly reduced its holdings but did not lose faith in the investment. This is a wise move considering that VTI is a low-cost exchange-traded fund that tracks the performance of the entire US stock market, making it a great base for any portfolio.

JQUA - J P Morgan Exchange Traded F

JQUA - J P Morgan Exchange Traded F was another interesting holding seeing growth from Q3 to Q4. The fund saw a substantial increase in the number of shares held, from 583,158 in Q3 to 598,024 in Q4. The value of shares held also jumped from $20,434,000 to $23,173,000. JQUA is a broad-based ETF that tracks the performance of US-listed companies with a focus on quality attributes. A closer look at the JQUA suggests that REWD Wealth believes in the fund's strategy.

VEA - Vanguard Tax-Managed Fds

VEA - Vanguard Tax-Managed Fds is another fund that saw a significant increase in holdings. In Q3 2022, the firm held 358,556 shares with a value of $13,037,000. In contrast, Q4 data shows holdings of 399,148 shares worth $16,752,000. This indicates that the company increased its exposure to the fund, which focuses on non-US stocks. This shift could be a result of the firm's optimism about the global stock markets.

VNQ - Vanguard Index Fds

However, it is not all positives for REDW Wealth LLC's holdings. VNQ - Vanguard Index Fds, for example, was a fund that saw a decrease in holdings from Q3 to Q4. The fund lost about 6.9% of its holdings, declining from 188,384 to 170,530 shares. Despite the negative trend, citing John C. Bogle, the founder of Vanguard, investors of all ages should adhere to owning a portfolio containing 10% to 25% of your assets invested in real estate in the form of real estate investment trusts (REITs), making VNQ a suitable inclusion in many portfolios.

HYGV - FlexShares TR

Another holding that saw a decrease in its holdings was HYGV - FlexShares TR. The fund lost about 17.5% of its holdings from Q3 to Q4. In Q3, the company held 408,226 shares worth $15,958,000, while in Q4, the shares declined to 330,320 worth $13,163,000. HYGV invests in US-based high yield corporations with lower volatility using a proprietary methodology. Despite the decline in holdings, it may be a good opportunity to invest in HYGV while the market is underpricing it.

Conclusion

In conclusion, REDW Wealth LLC's Q3 and Q4 filings show that the firm made strategic shifts in its holdings. The firm increased exposure to some funds such as VEA - Vanguard Tax-Managed Fds and JQUA - J P Morgan Exchange Traded F, while reducing holdings in others like VNQ - Vanguard Index Fds and HYGV - FlexShares TR. These changes suggest that the company identified shifts in market trends and added or reduced holdings accordingly. However, it is important to remember that past performance does not always indicate future results, so it is crucial to conduct independent research before making any investment decisions.