Cornerstone Wealth Management, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Investment portfolios are constantly evolving, and it is essential for wealth management firms to stay on top of these changes. Cornerstone Wealth Management, LLC is no exception, as they recently released their Q1 2023 and Q2 2023 13F Holdings comparison. In this article, we will explore the changes in their holdings and what these shifts mean for the firm.

Apple Inc. (AAPL) is one of the companies that Cornerstone Wealth Management, LLC has decreased its holdings in. In Q1 2023, they held 360,194 shares of AAPL, which decreased to 353,652 shares in Q2 2023. Despite the reduction in shares, the value of their holdings actually increased from $59,396,000 to $68,597,000, representing a 15.5% change. This indicates that the firm still has confidence in the growth potential of Apple.

On the other hand, Cornerstone Wealth Management, LLC increased their holdings in J P Morgan Exchange Traded Fund (BBUS). They went from holding 569,944 shares in Q1 2023 to 577,294 shares in Q2 2023. The value of their holdings also increased from $41,907,000 to $46,016,000, a 9.8% change. This suggests that the firm sees J P Morgan Exchange Traded Fund as a promising investment option.

Another company that Cornerstone Wealth Management, LLC increased their holdings in is iShares Trust (IVV). They held 85,292 shares in Q1 2023, which increased to 85,678 shares in Q2 2023. The value of their holdings also saw an uptick from $35,061,000 to $38,187,000, representing an 8.9% change. This indicates their belief in the potential of iShares Trust.

SPDR Ser Tr (SPMD) is yet another company that Cornerstone Wealth Management, LLC increased their holdings in. They went from holding 766,419 shares in Q1 2023 to 786,704 shares in Q2 2023. The value of their holdings also increased from $33,676,000 to $36,101,000, a 7.2% change. This suggests that SPDR Ser Tr is an attractive investment option for the firm.

It's worth noting that not all changes in holdings were positive for Cornerstone Wealth Management, LLC. For example, they decreased their holdings in Vanguard Bd Index Fds (BND). In Q1 2023, they held 391,366 shares of BND, which decreased to 386,200 shares in Q2 2023. The value of their holdings also decreased from $28,894,000 to $28,072,000, a -2.8% change. This reduction in holdings indicates a possible shift in their investment strategy.

These are just a few examples of the changes in holdings that Cornerstone Wealth Management, LLC has made. The 13F Holdings comparison provides valuable insights into the firm's investment decisions and offers investors a glimpse into their strategy. It's important to remember that these changes reflect the firm's outlook on specific companies and should not be taken as investment advice.

In conclusion, Cornerstone Wealth Management, LLC's Q1 2023 vs. Q2 2023 13F Holdings comparison reveals a mix of increases and decreases in holdings. This reflects the firm's ongoing assessment and adjustments to their investment portfolio. Investors can use this information as a starting point for further research and analysis to make informed investment decisions.