First Heartland Consultants portfolio

What changed this quarter

493 positions with a change (31 new, 259 added to, 175 trimmed, 28 sold); also, 2 entered through an IPO. 6 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Pimco Multisector Bond Actv ETF−94%fewer sharesReduced
  1.5% → 0.1%
• Pimco Enhanced Short Maturit ETF−97%fewer sharesReduced
  1.1% → under 0.1%
• Capital Group International−0.8 ppof portfolioSold out
  0.8% → —
• Capital Group Dividend Value−58%fewer sharesReduced
  1.3% → 0.5%
• Ssga Active ETF Tr−81%fewer sharesReduced
  0.7% → 0.1%
• iShares Msci USA Momentum FA ETF+150%more sharesIncreased
  0.4% → 0.9%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• STE Str SPDR PT S&P 500 ETFSPYM4.2%
• ETF SER SolutionsACIO3.7%
• Invesco QQQ Trust Series 1 ETFQQQ3.3%
• First Trust Rising Dividend ETFRDVY2.7%
• STE Str SPDR PT DW EU ETFSPDW2.6%
• State Street SPDR P S&P 500 Growth ETFSPYG2.2%
• State Str Spdr S&P 500 ETF TSPY2.1%
• ETF SER SolutionsDRSK2.0%
• State Street SPDR P S&P 500 Value ETFSPYV2.0%
• EA Series TrustFRDM1.5%
• iShares S&P 500 Growth ETFIVW1.3%
• Vanguard Short-term Bond ETFBSV1.3%
• iShares Russell 2000 ETFIWM1.2%
• Vanguard S&P 500 ETFVOO1.2%
• Vanguard Mrngstar GR ETF-sui ETFVUG1.2%
• Tidal Trust IGRNY1.2%
• iShares Msci Emerging Market ETFEEM1.1%
• NVIDIANVDA1.1%
• Vanguard Index FundsVTI1.1%
• First Tr Exchange-traded FundFTCB1.1%
• AppleAAPL1.1%
• First Tr Exchng Traded Fund VIUCON1.0%
• Vanguard Mrngstr Val ETF-aui ETFVTV1.0%
• ETF SER SolutionsOSCV0.9%
• iShares Msci USA Momentum FA ETFMTUM0.9%
• Vanguard Ftse Developed ETFVEA0.9%
• Fidelity Blue Chip Grow ETFFBCG0.9%
• Pgim Total Return Bond ETFPTRB0.9%
• Amazon.comAMZN0.8%
• iShares Core S&P 500 ETFIVV0.8%
• First Trst Nasd CL EDG Sgiif ETFGRID0.8%
• State Str Spdr DOW Jones INDDIA0.7%
• Principal US Small-cap ETFPSC0.7%
• First Tr Exchng Traded Fund VIQSPT0.7%
• iShares 1-3 Year Treasury BO ETFSHY0.7%
• Vanguard Total International Stock ETFVXUS0.7%
• Fidelity Enhanced Small Cap ETFFESM0.7%
• BlackRock ETF TrustDYNF0.6%
• Vanguard Total International Bond ETFBNDX0.6%
• Invesco Nasdaq 100 ETFQQQM0.6%
• Franklin U.s. Treasury Bond ETFFLGV0.6%
• First Trust Smid Cap Rising ETFSDVY0.6%
• Tidal Trust IIIGRNJ0.6%
• First Tr Exch Traded Fund IIIFMB0.6%
• MicrosoftMSFT0.6%
• Capital Group Dividend ValueCGDV0.5%
• Pacer US Cash Cows 100 ETFCOWZ0.5%
• Vanguard Total Bond Market ETFBND0.5%
• First Tr Exchange-traded FundSCIO0.5%
• iShares Ustechnology ETFIYW0.5%
• First Tr Exchng Traded Fund VIQCAP0.5%
• Vanguard Intermediate-term B ETFBIV0.5%
• iShares Core S&P Total U.s ETFITOT0.5%
• AlphabetGOOG · GOOGL0.5%
• Invesco S&P 500 Momentum ETFSPMO0.5%
• RBB FundTBIL0.5%
• State Street Technology Select Sector ETFXLK0.5%
• IsharesEUSA0.5%
• Invesco S&P Emerging Markets ETFEELV0.4%
• iShares Core S&P U.s. Growth ETFIUSG0.4%
• Innovator Etfs TrustKAUG0.4%
• Fidelity Enhanced Mid Cap ETFFMDE0.4%
• iShares S&P Small-cap 600 VA ETFIJS0.4%
• iShares S&P 500 Value ETFIVE0.4%
• Ishares TrIUSB0.4%
• Capital Group Core BalancedCGBL0.4%
• Vanguard Most Sm-cap ETF-usd ETFVB0.4%
• First Tr Exchng Traded Fund VIQDEC0.4%
• Vanguard Emerg Mkts GOV BND ETFVWOB0.4%
• Schwab US DVD Equity ETFSCHD0.3%
• iShares S&P Small-cap 600 GR ETFIJT0.3%
• Vanguard Dividend Apprec ETFVIG0.3%
• Eli LillyLLY0.3%
• Schwab U.s. Tips ETFSCHP0.3%
• WalmartWMT0.3%
• Vanguard International Equity Index FVWO0.3%
• First Tr Exchng Traded Fund VIBUFR0.3%
• iShares Russell 3000 ETFIWV0.3%
• iShares DOW Jones U.s. ETFIYY0.3%
• Vanguard International Equity Index FVEU0.3%
• Vanguard Tax-exempt Bond ETFVTEB0.3%
• Unified SER TrOACP0.3%
• Berkshire HathawayBRK/B0.3%
• iShares Msci USA Min Vol FAC ETFUSMV0.3%
• First Tr Exchng Traded Fund VIGJAN0.3%
• Vanguard Mortgage-backed Sec ETFVMBS0.2%
• Fidelity Wise Origin BitcoinFBTC0.2%
• Vanguard Long-term Bond ETFBLV0.2%
• Innovator Etfs TrustBALT0.2%
• CaterpillarCAT0.2%
• BNY Mellon ETF TrustBKAG0.2%
• Timothy PlanTPLC0.2%
• State Street SPDR S&P Emergi ETFEDIV0.2%
• New York Life Investments ETMNA0.2%
• Vaneck ETF TrustSMH0.2%
• iShares 0-3 Month Treasury B ETFSGOV0.2%
• Vaneck ETF TrustFLTR0.2%
• Vanguard World FundMGK0.2%
• First Trust RBA American IND ETFAIRR0.2%