TD Capital Management portfolio

What changed this quarter

278 positions with a change (12 new, 104 added to, 93 trimmed, 69 sold); also, 1 entered through an IPO, 2 exited through an acquisition or merger, 2 entered through a spin-off. 4 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares Core S&P Total U.s ETF−4.8%fewer sharesReduced
  17.2% → 17.1%
• Pgim Ultra Short Bond ETF+94%more sharesIncreased
  0.8% → 1.5%
• Vanguard Short DUR Bond ETF+0.5 ppof portfolioNew
  — → 0.5%
• Vanguard Core Bond ETF+250%more sharesIncreased
  0.2% → 0.7%

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

• iShares Core S&P Total U.s ETFITOT17.1%
• Vanguard Index FundsVTI7.7%
• iShares Core S&P 500 ETFIVV4.9%
• Vanguard Short-term Bond ETFBSV4.0%
• Vanguard Dividend Apprec ETFVIG3.6%
• iShares Msci USA Quality FAC ETFQUAL3.4%
• Pimco Enhanced Low Duration ETFLDUR3.4%
• Vanguard Mrngstar GR ETF-sui ETFVUG3.2%
• Vanguard Total Bond Market ETFBND2.8%
• Vanguard S&P 500 ETFVOO2.5%
• Vanguard Index FundsVV2.5%
• Vanguard Mrngstr Val ETF-aui ETFVTV2.4%
• Pimco Enhanced Short Maturit ETFMINT2.1%
• iShares Core U.s. Aggregate ETFAGG1.9%
• J P Morgan Exchange Traded FundJCPB1.9%
• Pimco Shrt TRM Muni BND ETFSMMU1.7%
• Pgim Ultra Short Bond ETFPULS1.5%
• J P Morgan Exchange Traded FundJSCP1.4%
• First Trust Low Duration OPP ETFLMBS1.4%
• AutoZoneAZO1.3%
• Invesco Exchange Traded Fund TSPHQ1.2%
• iShares Core International Stock ETFIXUS1.2%
• J P Morgan Exchange Traded FundJPLD1.2%
• State Street SPDR P S&P 1500 Comp ETFSPTM1.2%
• Pimco Active Bond Exchange-t ETFBOND1.2%
• WisdomTree U.s. Quality Divi ETFDGRW1.1%
• J P Morgan Exchange Traded FundJPST1.0%
• iShares Msci USA Min Vol FAC ETFUSMV1.0%
• Vanguard Most Sm-cap ETF-usd ETFVB1.0%
• Vanguard Index FundsVO0.9%
• iShares Short-term National ETFSUB0.8%
• J P Morgan Exchange Traded FundJMST0.8%
• Vanguard Extended Market ETFVXF0.8%
• iShares Msci Acwi ETFACWI0.8%
• Pimco Intermediate Municipal ETFMUNI0.7%
• Vanguard Core Bond ETFVCRB0.7%
• STE Str SPDR PT S&P 500 ETFSPYM0.7%
• Fidelity Total Bond ETFFBND0.6%
• First Trust Capital Strength ETFFTCS0.6%
• AppleAAPL0.5%
• J P Morgan Exchange Traded FundJMUB0.5%
• Vanguard Short DUR Bond ETFVSDB0.5%
• First Trust ENH Short MAT FundFTSM0.5%
• Vanguard Total International Stock ETFVXUS0.5%
• J P Morgan Exchange Traded FundJQUA0.4%
• Invesco Nasdaq 100 ETFQQQM0.3%
• iShares National Muni Bond E ETFMUB0.3%
• Vanguard Tax-exempt Bond ETFVTEB0.3%
• Vanguard Ultra Short Bond ET ETFVUSB0.3%
• First Trust Rising Dividend ETFRDVY0.3%
• Vanguard Short Tax-ex Bond ETFVSDM0.3%
• WisdomTree US Quality Growth ETFQGRW0.3%
• MicrosoftMSFT0.3%
• Invesco S&P 500 Momentum ETFSPMO0.2%
• WisdomTree Floating Rate TRE ETFUSFR0.2%
• Vanguard Core Tax-ex Bond ETFVCRM0.2%
• NVIDIANVDA0.2%
• iShares Core Dividend Growth ETFDGRO0.2%
• Schwab US DVD Equity ETFSCHD0.2%
• WalmartWMT0.2%
• iShares Core 1-5 Year USD BO ETFISTB0.2%
• Coca-ColaKO0.2%
• Tractor SupplyTSCO0.1%
• First Trust Nasdaq Cybersecu ETFCIBR0.1%
• Amazon.comAMZN0.1%
• iShares Core S&P Small-cap E ETFIJR0.1%
• State Street SPDR P S&P 600 Small Cap ETFSPSM0.1%
• FedExFDX0.1%
• SPDR Gold Minishares Trust ETFGLDM0.1%
• Invesco Exchange Traded Fund TXMHQ0.1%
• AlphabetGOOG · GOOGL0.1%
• Goldman Activebeta US LC ETFGSLC0.1%
• Exxon MobilXOM0.1%
• iShares Core Msci Eafe ETFIEFA0.1%
• WD 40WDFC0.1%
• Pimco Multisector Bond Actv ETFPYLD0.1%
• Simmons First NationalSFNC0.1%
• TeslaTSLA0.1%
• BlackRock Cap Allocation TERBCATunder 0.1%
• Meta PlatformsMETAunder 0.1%
• iShares Russell 1000 ETFIWBunder 0.1%
• Invesco Exchange Traded Fund TRSPunder 0.1%
• CaterpillarCATunder 0.1%
• Calamos ETF TrCPSLunder 0.1%
• BroadcomAVGOunder 0.1%
• Unum GroupUNMunder 0.1%
• NetflixNFLXunder 0.1%
• Vanguard Intermediate-term B ETFBIVunder 0.1%
• GE AerospaceGEunder 0.1%
• Wisdmtree GB Ex-us QL Gr-usd ETFDNLunder 0.1%
• ChevronCVXunder 0.1%
• MerckMRKunder 0.1%
• Phillips 66PSXunder 0.1%
• J P Morgan Exchange Traded FundJTEKunder 0.1%
• Bank of New York MellonBNYunder 0.1%
• State Street Real Estate Select Sector ETFXLREunder 0.1%
• Vanguard International Equity Index FVEUunder 0.1%
• iShares Core S&P Midcap ETFIJHunder 0.1%
• iShares Russell 1000 Value E ETFIWDunder 0.1%