Legacy Private Trust Co.: A Detailed Analysis of Q1 2023 vs. Q2 2023 13F Holdings Comparison

The first and second quarters of 2023 have presented interesting changes in the holdings of Legacy Private Trust Co., an investment firm with a diverse portfolio. In this article, we will delve into the 13F holdings comparison between these two quarters and explore the key shifts in the fund's investments. From technology giants to diversified index funds, Legacy Private Trust Co. has made strategic moves to maximize returns and adapt to the ever-changing market conditions.

ISHARES TR (IVV)

Starting with the largest holding in the fund, Legacy Private Trust Co. increased its stake in ISHARES TR during Q2 2023. The number of shares went up from 301,392 to 306,639, representing a 10.3% change. This move indicates the firm's confidence in the long-term growth potential of this investment.

VANGUARD INDEX FDS (VTI)

Legacy Private Trust Co. also showed a strong belief in VANGUARD INDEX FDS during the second quarter of 2023. The number of shares held in this fund increased significantly from 301,478 to 328,878. This 17.7% change confirms the fund's commitment to diversified index funds and its expectation of positive market performance.

VANGUARD TAX-MANAGED FDS (VEA)

Another noteworthy change in the fund's holdings is its increased position in VANGUARD TAX-MANAGED FDS. The number of shares held rose from 1,128,306 to 1,449,190, indicating a 31.3% change. This move reflects Legacy Private Trust Co.'s confidence in the long-term stability and growth potential of this investment.

ISHARES TR (ITOT)

Legacy Private Trust Co. also demonstrated its optimism in ISHARES TR during Q2 2023. The fund increased its stake from 405,019 to 426,948 shares, representing a 13.9% change. This move highlights the firm's belief in the continued success of this investment.

ISHARES TR (AGG)

ISHARES TR remained a prominent holding for Legacy Private Trust Co. in the second quarter of 2023. The number of shares held increased from 326,326 to 397,392, signaling a 19.7% change. This move showcases the firm's confidence in the stability and growth potential of this investment.

APPLE INC (AAPL)

Despite a slight decrease in the number of shares held, Legacy Private Trust Co. continues to see the value in investing in APPLE INC. The number of shares declined from 189,754 to 183,509, but this represents only a 13.8% change. This reduction may be indicative of a strategic reallocation of resources rather than a lack of confidence in the tech giant.

SCHWAB STRATEGIC TR (SCHB)

Legacy Private Trust Co. showed a modest increase in its position in SCHWAB STRATEGIC TR during Q2 2023. The number of shares rose from 466,426 to 483,972, a 12.1% change. This move indicates the firm's belief in the stability and growth potential of this investment in strategic offerings.

VANGUARD BD INDEX FDS (BND)

In a surprising turn, Legacy Private Trust Co. significantly reduced its holdings in VANGUARD BD INDEX FDS during Q2 2023. The number of shares declined from 610,723 to 340,180, representing a substantial 45.2% change. While the reasons behind this move are not immediately clear, it suggests a shift in strategy or a reallocation of resources.

VANGUARD INTL EQUITY INDEX F (VWO)

Legacy Private Trust Co. made a significant move in increasing its position in VANGUARD INTL EQUITY INDEX F during Q2 2023. The number of shares held rose from 401,056 to 582,020, a notable 46.1% change. This demonstrates the firm's confidence in the international equity market and its pursuit of diversified investment opportunities.

MICROSOFT CORP (MSFT)

Legacy Private Trust Co. displayed a slightly positive change in its holdings of MICROSOFT CORP during the second quarter of 2023. The number of shares increased from 67,734 to 69,167, reflecting a 20.6% change. This move suggests the firm's continued belief in the long-term growth potential and stability of this tech giant.

Conclusion

The 13F holdings comparison between Q1 2023 and Q2 2023 highlights some interesting shifts in Legacy Private Trust Co.'s investments. While some holdings saw increases, indicating the firm's confidence in their growth potential, others experienced reductions, possibly reflecting strategic reallocations. Legacy Private Trust Co. continues to prioritize diversified index funds and technology companies, showcasing a forward-thinking investment strategy. These holdings changes are a testament to the firm's commitment to maximizing returns for its investors while adapting to changing market conditions.