ProVise Management Group's Q3 vs. Q4 2022 Holdings Comparison: Insights into Top Investment Strategies

ProVise Management Group, LLC has recently released their Q3 2022 vs. Q4 2022 13F Holdings Comparison report, which highlights the changes in holdings of their fund. The report compares the number of shares and value of those shares held in various companies during the two quarters, as well as the percentage change in holdings. The report provides insights into the strategies employed by one of the leading investment management firms in the US, and offers valuable information for investors seeking to adjust their portfolios.

Let's take a closer look at some of the companies included in the report and their changes in holdings between Q3 2022 and Q4 2022.

Vanguard Specialized Funds (VIG)

ProVise Management Group, LLC increased its holdings in Vanguard Specialized Funds (VIG) by 14.2%. The number of shares held increased from 261480 in Q3 to 265696 in Q4, with the value of those shares rising from $35,342,000 to $40,345,000. Vanguard Specialized Funds is a popular exchange-traded fund that tracks the performance of the CRSP US Dividend Achievers Index, making it an attractive investment for income-oriented investors.

Schwab Strategic Trust

ProVise Management Group, LLC decreased its holdings in Schwab Strategic Trust by 9.5%. The number of shares held in the company fell from 438,804 to 366,250 between Q3 2022 and Q4 2022, with the value of those shares dropping from $26,561,000 to $24,029,000. The decline in holdings is likely due to ProVise's decision to shift its focus away from this particular company in favor of other investments.

SPDR Ser Tr (SDY)

ProVise increased its holdings in SPDR Ser Tr (SDY) by 12.4%. The number of shares held increased from 187,160 to 187,537 between Q3 and Q4 2022, with the value of those shares rising from $20,868,000 to $23,462,000. SPDR Ser Tr is an ETF that tracks the performance of the S&P High Yield Dividend Aristocrats Index, which consists of companies with a track record of increasing their dividends annually for at least 20 consecutive years. The increase in holdings suggests that ProVise sees SDY as a valuable long-term investment.

Vanguard World FD (MGC)

ProVise increased its holdings in Vanguard World FD (MGC) by 21.2%. The number of shares held rose from 147,647 to 168,693 between Q3 and Q4 2022, with the value of those shares increasing from $18,429,000 to $22,335,000. Vanguard World FD is an ETF that tracks the CRSP US Mega Cap Index, which measures the performance of the largest U.S.-listed companies by market capitalization. The increase in holdings could indicate ProVise's optimism toward the performance of large-cap companies.

Microsoft Corp (MSFT)

ProVise increased its holdings in Microsoft Corp (MSFT) by 5.1%. The number of shares held rose from 83,246 to 84,927 between Q3 and Q4 2022, with the value of those shares increasing from $19,388,000 to $20,367,000. Microsoft is one of the largest tech companies in the world, and ProVise's decision to increase its holdings suggests confidence in Microsoft's future growth prospects.

Conclusion

Overall, ProVise Management Group, LLC's Q3 2022 vs. Q4 2022 13F Holdings Comparison report shows that the investment management firm is actively adjusting its portfolio to reflect changes in the market. While some companies' holdings have been increased, others have been decreased or eliminated entirely. Investors seeking to allocate their portfolios should take note of the decisions made by ProVise and consider how their own portfolios might benefit from similar adjustments. It is important to remember that past performance does not guarantee future results, and investors should do their own research and analysis before making any investment decisions.