Capital Investment Advisors portfolio

What changed this quarter

644 positions with a change (35 new, 255 added to, 322 trimmed, 32 sold); also, 1 entered through an IPO. 4 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Vanguard Intermediate-term T ETF+1,085%more sharesIncreased
  0.1% → 1.4%
• Vanguard Short-term Treasury ETF−67%fewer sharesReduced
  1.1% → 0.3%
• Marsh & Mclennan Companies+106%more sharesIncreased
  0.6% → 1.2%
• Exxon Mobil+0.5 ppof portfolioNew
  — → 0.5%

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 Dividend Growth ETFDGRO8.4%
• iShares Msci International Q ETFIQLT4.0%
• First Trust Smid Cap Rising ETFSDVY2.6%
• State Street Technology Select Sector ETFXLK2.4%
• First Trust North American E ETFEMLP2.4%
• AppleAAPL2.1%
• AlphabetGOOGL1.9%
• iShares Core S&P 500 ETFIVV1.8%
• MicrosoftMSFT1.5%
• Vaneck ETF TrustANGL1.5%
• Vanguard Intermediate-term T ETFVGIT1.4%
• Johnson & JohnsonJNJ1.4%
• NVIDIANVDA1.4%
• Vaneck ETF TrustCLOI1.3%
• iShares Ibonds DEC 2028 ETFIBDT1.3%
• State Street Energy Select Sector ETFXLE1.3%
• iShares Ibonds DEC 2029 Term ETFIBDU1.2%
• iShares Ibonds DEC 2030 ETFIBDV1.2%
• Global X 1-3 Month T-bill ETFCLIP1.2%
• State Street Comm Select Sector SPDR ETFXLC1.2%
• Marsh & Mclennan CompaniesMRSH1.2%
• iShares Ibonds DEC 2032 TC ETFIBDX1.2%
• iShares Ibonds DEC 2033 ETFIBDY1.1%
• iShares Ibonds DEC 2031 ETFIBDW1.1%
• Cohen & Steers ETF TrustCSPF1.1%
• AbbVieABBV1.1%
• JPMorgan ChaseJPM1.0%
• State Street Real Estate Select Sector ETFXLRE1.0%
• Amazon.comAMZN1.0%
• Home DepotHD1.0%
• ChevronCVX1.0%
• Ishares TrIBDZ0.9%
• ASML HoldingASML0.9%
• State Street SPDR S&P Dividend ETFSDY0.9%
• Vanguard Real Estate ETFVNQ0.9%
• QualcommQCOM0.9%
• Procter & GamblePG0.9%
• iShares Ibonds DEC 2035 TC ETFIBCA0.9%
• Lockheed MartinLMT0.9%
• CumminsCMI0.8%
• State Street Financial Select Sector ETFXLF0.8%
• SouthernSO0.7%
• American ExpressAXP0.7%
• NewmontNEM0.7%
• State Street Health Care Select Sector ETFXLV0.7%
• Eli LillyLLY0.7%
• iShares Core S&P Midcap ETFIJH0.6%
• Coca-ColaKO0.6%
• Cisco SystemsCSCO0.5%
• Exxon MobilXOM0.5%
• ProShares S&P High Incom ETFISPY0.5%
• State Str Spdr S&P 500 ETF TSPY0.5%
• Goldman Sachs GroupGS0.5%
• iShares 0-3 Month Treasury B ETFSGOV0.5%
• Verizon CommunicationsVZ0.5%
• Vanguard S&P 500 ETFVOO0.4%
• MerckMRK0.4%
• iShares Msci Acwi EX US ETFACWX0.4%
• iShares Core Msci Eafe ETFIEFA0.4%
• Vanguard World FundMGC0.4%
• State Street SPDR P Int Term TSY ETFSPTI0.4%
• Berkshire HathawayBRK/B0.4%
• VisaV0.4%
• Ishares TrLQD0.4%
• IsharesIEMG0.4%
• Altria GroupMO0.4%
• CaterpillarCAT0.4%
• Proshrs RSL 2000 DVD Grw ETFSMDV0.4%
• J P Morgan Exchange Traded FundJEPI0.4%
• Applied MaterialsAMAT0.4%
• iShares Ustechnology ETFIYW0.4%
• Oneok0.4%
• Vanguard Short-term Treasury ETFVGSH0.3%
• Bank of AmericaBAC0.3%
• Honeywell InternationalHON0.3%
• iShares Ibon DEC 2036 TC ETFIBCB0.3%
• CitigroupC0.3%
• Meta PlatformsMETA0.3%
• First Tr Exchange-traded FundKNG0.3%
• Honeywell AerospaceHONA0.3%
• BroadcomAVGO0.3%
• RTXRTX0.3%
• Invesco QQQ Trust Series 1 ETFQQQ0.3%
• Enterprise Products PartnersEPD0.3%
• At&tT0.3%
• SalesforceCRM0.3%
• Vanguard Int High DVD YLD In ETFVYMI0.3%
• iShares Ibonds DEC 2027 Term ETFIBTH0.3%
• iShares Select Dividend ETFDVY0.2%
• Kinder MorganKMI0.2%
• Williams CompaniesWMB0.2%
• Waste ManagementWM0.2%
• IntelINTC0.2%
• iShares Ibonds DEC 2026 Term ETFIBTG0.2%
• Vanguard Total Bond Market ETFBND0.2%
• WalmartWMT0.2%
• Invesco Exchange Traded Fund TRSP0.2%
• NetflixNFLX0.2%
• St SR UTL SL SE SPDR ETF-usd ETFXLU0.2%
• Valero EnergyVLO0.2%