Arbor Investment Advisors' Q4 2022 and Q1 2023 13F Holdings: A Summary of Changes in Holdings and Their Reasons.

Arbor Investment Advisors, LLC recently released their Q4 2022 and Q1 2023 13F Holdings. The comparison between the two shows some interesting changes in their holdings over the past few months. In this blog post, we will be summarizing these changes and examining the reasons behind them.

One of the largest changes in holdings is evident in the iShares Treasury Floating Rate Bond ETF (TFLO). In Q4 2022, Arbor held 109,502 shares worth $5,519,000, whereas in Q1 2023, they held 659,695 shares worth $33,373,000. This marks an increase of 504.6%. The reason behind the increase can be attributed to the Federal Reserve raising interest rates, causing investors to seek out floating-rate bonds.

Another notable change is the decrease in holdings of the Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). In Q4 2022, Arbor held 135,225 shares worth $6,316,000, but in Q1 2023, they only held 91,717 shares worth $4,385,000. This represents a decrease of 30.6%. The decrease can be attributed to inflation concerns and investors' preference for longer-term inflation-protected securities.

Arbor's holdings in the SPDR Gold Shares ETF (GLD) increased from 1,855 shares worth $314,000 in Q4 2022 to 1,876 shares worth $343,000 in Q1 2023, a 9.2% increase. This can be attributed to investors' reactions to the Federal Reserve's decision to raise interest rates, causing concern over inflation and leading to increased demand for gold.

The Vanguard Total Bond Market ETF (BND) also saw an increase in holdings, from 53,292 shares worth $3,828,000 in Q4 2022 to 68,255 shares worth $5,039,000 in Q1 2023, up 31.6%. The increase can be attributed to investors' preference for bonds as a safe haven amidst market volatility.

Arbor also had a decrease in holdings of Wells Fargo & Co. (WFC), with 13,266 shares worth $547,000 in Q4 2022, but only 8,817 shares worth $329,000 in Q1 2023. This represents a decrease of 39.8%. The decrease can be attributed to Wells Fargo's poor performance in recent months and investors losing confidence in the bank.

Other notable changes in holdings include the increase in holdings of PIMCO Enhanced Short Maturity Active ETF (MINT), which saw an increase of 14.2%, and the decrease in holdings of Cadence Bank (CADE), which saw a decrease of 15.8%.

It is important to note that the changes in holdings are not necessarily a reflection of Arbor's overall investment strategy, but rather a reflection of their current outlook on market conditions and individual company performance. It will be interesting to see how these changes in holdings affect Arbor's performance in the coming months.

Overall, the changes in holdings between Q4 2022 and Q1 2023 for Arbor Investment Advisors, LLC indicate that investors are reacting to market conditions, inflation concerns, and individual company performance. While some of the changes may seem surprising, they are in line with the current economic climate, reflecting the uncertainty and volatility of the market.