N.E.W. Advisory Services portfolio

What changed this quarter

538 positions with a change (108 new, 235 added to, 155 trimmed, 40 sold); also, 3 exited through an acquisition or merger.

No moves of 0.5 points of the portfolio or more.

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

• Vanguard Index FundsVTI18.8%
• STE Str SPDR PT S&P 500 ETFSPYM5.2%
• iShares International Aggregate Bond ETFIAGG4.4%
• J P Morgan Exchange Traded FundJPST4.3%
• State Street SPDR P S&P 500 Value ETFSPYV4.0%
• State Street SPDR P AGG Bond ETFSPAB3.8%
• Dimensional ETF TrustDFAX3.4%
• Vanguard Total International Stock ETFVXUS3.2%
• State Street SPDR P S&P 1500 Comp ETFSPTM2.9%
• Vanguard Total Bond Market ETFBND2.7%
• American Centy ETF TrAVLV2.5%
• American Centy ETF TrAVUV2.5%
• Vanguard Admiral FundsVIOV2.1%
• STE Str SPDR PT DW EU ETFSPDW2.0%
• Dimensional ETF TrustDFAC1.8%
• T Rowe Price Exchange-tradedTSPA · TMSL1.8%
• Vanguard S&P 500 ETFVOO1.5%
• AppleAAPL1.4%
• Vanguard Extended Market ETFVXF1.4%
• Berkshire HathawayBRK/B1.3%
• Spdr Index SHS FundsSPEM1.2%
• Procter & GamblePG0.9%
• Vanguard International Equity Index FVSS0.9%
• J P Morgan Exchange Traded FundJIVE0.9%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.8%
• First Trust RBA American IND ETFAIRR0.8%
• iShares Msci Eafe Value ETFEFV0.7%
• State Street SPDR S&P 600 SC Val ETFSLYV0.7%
• Schwab US Large-cap Growth ETFSCHG0.7%
• First Trust Rising Dividend ETFRDVY0.7%
• State Street SPDR S&P Intern ETFGWX0.7%
• J P Morgan Exchange Traded FundJPIE0.5%
• Vanguard Index FundsVV0.5%
• Putnam ETF TrustPVAL0.5%
• J P Morgan Exchange Traded FundJCPB0.5%
• State Street SPDR S&P Emergi ETFEWX0.4%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.4%
• Dimensional ETF TrustDFIV0.4%
• Nicolet BanksharesNIC0.4%
• Vanguard Info Tech ETFVGT0.4%
• Amazon.comAMZN0.4%
• DNP Select Income FundDNP0.4%
• First Trst Nasd CL EDG Sgiif ETFGRID0.4%
• J P Morgan Exchange Traded FundJEPI0.4%
• WEC Energy GroupWEC0.3%
• International Business MachinesIBM0.3%
• State Street SPDR P St C Corp ETFSPSB0.3%
• Invesco QQQ Trust Series 1 ETFQQQ0.3%
• State Street SPDR BB International Corp BD ETFIBND0.3%
• First Tr Exchange Traded FundTDIV0.3%
• iShares Core S&P Total U.s ETFITOT0.3%
• State Street SPDR P S&P 500 Growth ETFSPYG0.3%
• Invesco Tr Invt Grade MunsVGM0.3%
• Vanguard Most Sm-cap ETF-usd ETFVB0.3%
• Vanguard Ftse Developed ETFVEA0.3%
• NVIDIANVDA0.2%
• J P Morgan Exchange Traded FundJTEK0.2%
• ProShares S&P 500 Dividend A ETFNOBL0.2%
• MicrosoftMSFT0.2%
• JPMorgan ChaseJPM0.2%
• Palantir TechnologiesPLTR0.2%
• Vanguard World FundMGK0.2%
• Vanguard Consumer Discre ETFVCR0.2%
• Vanguard Consumer Staple ETFVDC0.2%
• Vanguard Index FundsVO0.2%
• First Trust Stoxx Europe ETFFDD0.2%
• J P Morgan Exchange Traded FundJQUA0.2%
• Vanguard High DVD Yield ETFVYM0.2%
• Wells FargoWFC0.2%
• Bank FirstBFC0.2%
• WalmartWMT0.2%
• iShares Semiconductor ETFSOXX0.1%
• Vanguard International Equity Index FVWO0.1%
• Micron TechnologyMU0.1%
• State Str Spdr S&P 500 ETF TSPY0.1%
• AlphabetGOOGL0.1%
• McDONALD’SMCD0.1%
• Johnson & JohnsonJNJ0.1%
• TeslaTSLA0.1%
• Schwab Fndmn International LRG Co ETFFNDF0.1%
• Realty IncomeO0.1%
• iShares Silver Trust ETFSLV0.1%
• First Tr Exchng Traded Fund VIBUFR0.1%
• SPDR Gold Shares ETFGLD0.1%
• Gilead SciencesGILD0.1%
• Vanguard Industrials ETFVIS0.1%
• Vanguard Health Care ETFVHT0.1%
• Vanguard S/t Corp Bond ETFVCSH0.1%
• OshkoshOSK0.1%
• United Parcel ServiceUPS0.1%
• VisaV0.1%
• Eli LillyLLY0.1%
• Vanguard Short-term Treasury ETFVGSH0.1%
• iShares Ustechnology ETFIYW0.1%
• State Street Financial Select Sector ETFXLF0.1%
• First Trust Smid Cap Rising ETFSDVY0.1%
• Wisdmtree Emerg Mkt Ex-st OW ETFXSOE0.1%
• RTXRTX0.1%
• American Centy ETF TrAVNM0.1%