Pointe Capital's Q3 2022 Holdings Report: Changes to Top ETF Holdings and Significant Decrease in IGSB.

Pointe Capital Management LLC, a registered investment advisor, recently filed their quarterly 13F holdings report with the Securities and Exchange Commission. The report discloses the firm's holdings as of the end of the third quarter of 2022 and compares them to their holdings as of the end of the fourth quarter of the same year.

According to the filing, Pointe Capital Management LLC held 48 stocks with a total value of $90.4 million as of the end Q3 2022. The firm increased their holdings in 16 stocks, decreased their holdings in 26, and maintained their holdings in 6 stocks.

The top holding in the firm's portfolio was in the Vanguard High Dividend Yield Index ETF (VYM) with a total value of $9.4 million. The fund increased their holdings in VYM by 0.5% during the quarter.

The second-largest holding was in the Vanguard Short-Term Corporate Bond ETF (VCSH) with a value of $8.5 million. The firm significantly increased their holdings in VCSH by 38.1% during the quarter.

The firm reduced their holdings in the iShares 1-3 Yr Treasury Bond ETF (SHY) by 6.8% during the quarter, resulting in a value of $5.7 million.

The iShares Russell 1000 Growth ETF (IWF) was also held in the firm's portfolio, with a total value of $5.4 million. The fund increased their holdings in IWF by 8.8% during the quarter.

One notable change in the firm's holdings was their decision to significantly reduce their holdings in the iShares 1-5 Yr Investment Grade Corp Bond ETF (IGSB) by 37.6% during the quarter and resulting in a value of $4.4 million.

Berkshire Hathaway Inc Del Cl B New (BRK-B) had a total value of $5.0 million in the firm's portfolio, with a decrease in holdings by 2.2%. Additionally, Crescent Energy Company Cl A Com (CRGY) had a total value of $4.7 million with a decrease in holdings by 11.0% during the quarter.

The firm also increased their holdings in Raytheon Technologies Corp Com (RTX) by 20.3% during the quarter, resulting in a total value of $1.8 million.

To summarize, Pointe Capital Management LLC made some significant changes to their portfolio during the third quarter of 2022. The firm increased their holdings in some ETFs such as VCSH and IWF, decreased their holdings in SHY, and significantly reduced their holdings in IGSB.

They maintained their holdings in some ETFs such as the Vanguard Short Term Bond ETF (BSV) and the Vanguard Total Stock Market ETF (VTI). The firm also made some changes to their individual stock holdings, with some notable increases, such as Raytheon Technologies Corp, and decreases, such as Merck & Co Inc.

Investors should first consider their own investment objectives and risk tolerance before making any investment decisions based on the holdings of any fund. Furthermore, past performance is no guarantee of future results, so investors should conduct their own research before making any investment decisions.