Riding the Wave: Comparing Orgel Wealth Management's Q4 2022 to Q1 2023 13F Holdings

Orgel Wealth Management, LLC, a well-known wealth management firm, has recently shared its 13F holding changes, comparing its Q4 2022 to Q1 2023. This report is significant as it provides insights into the company's strategies and investment choices. According to the report, the firm has made some significant changes to its holdings of funds and several corporations. Here's a closer look at the changes.

One of the significant increases in holdings was the VANGUARD MUN BD FDS, which rose by 21.9% to 7,672,670 shares in Q1 2023 from 6,443,687 shares in Q4 2022. Another fund that showed an increase in the company's holdings was the VANGUARD SCOTTSDALE FDS, which showed a 27.2% increase in shares, standing at 6,469,135 in Q1 2023 compared to 5,149,331 in Q4 2022. Furthermore, the VANGUARD BD INDEX FDS also posted a 7.2% increase, rising from 3,625,075 shares to 3,780,224 shares during Q4 2022 to Q1 2023.

On the other hand, holdings of several funds got reduced. This includes the SCHWAB STRATEGIC TR, which had reduced holdings in its funds, SCHD, and SCHA. SCHD's shares decreased by 6%, from 3,525,629 in Q4 2022 to 3,420,809 in Q1 2023, while SCHA's shares plummeted from 221,755 in Q4 2022 to 171,621 in Q1 2023, a -19.9% decrease. The ISHARES TR fund, AVNT, also saw a decrease from 10,557 in Q4 2022 to 0 in Q1 2023.

The report also shows that Orgel Wealth Management, LLC has been investing in big corporations like MICROSOFT CORP and APPLE INC. In the Q4 2022, the company held 5,370 shares in MICROSOFT CORP, which only increased by 1 share in Q1 2023. On the other hand, its shares in APPLE INC decreased by 9% from 9,776 in Q4 2022 to 8,860 in Q1 2023.

The report further reveals that the company invested in other notable funds such as the SPDR S&P 500 ETF TR, which only increased by 40 shares from Q4 2022 to Q1 2023, but it did add 1,209 shares of VANGUARD INDEX FDS's VOO. This growth in investments may reflect the company's confidence in the market and industry trends.

In conclusion, the recent 13F holdings report of Orgel Wealth Management, LLC shows us that the company has made some substantial changes to its holdings, decreasing particular shares while increasing others. It's noteworthy that the wealth management firm has invested in big corporations and funds. We don't know yet what direction the market will take, but the report signals Orgel Wealth Management's readiness to ride the market waves.