KWB Wealth portfolio

What changed this quarter

121 positions with a change (16 new, 37 added to, 60 trimmed, 8 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• BlackRock ETF Trust+3.6 ppof portfolioNew
  — → 3.6%
• MFS Active Value ETF+2.2 ppof portfolioNew
  — → 2.2%
• Capital Group Dividend Value−75%fewer sharesReduced
  2.4% → 0.6%
• Capital Group Core Balanced−58%fewer sharesReduced
  3.0% → 1.2%
• J P Morgan Exchange Traded Fund−96%fewer sharesReduced
  1.8% → 0.1%
• RBB Fund Trust−95%fewer sharesReduced
  1.6% → 0.1%
• Pgim ACT Aggrg Bond ETF+1.5 ppof portfolioNew
  — → 1.5%
• Fidelity Blue Chip Grow ETF+1.4 ppof portfolioNew
  — → 1.4%
• Capital Group Dividend Growe+1.3 ppof portfolioNew
  — → 1.3%
• Invesco Actively Managed EXC−96%fewer sharesReduced
  1.4% → 0.1%
• Columbia Resear ENH COR ETF−50%fewer sharesReduced
  2.4% → 1.2%
• Invesco S&P 500 Momentum ETF−94%fewer sharesReduced
  1.3% → 0.1%

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 ETFSPYM13.6%
• State Street SPDR P S&P 500 Growth ETFSPYG8.3%
• State Street SPDR P S&P 500 Value ETFSPYV7.1%
• BlackRock ETF TrustCORO3.6%
• STE Str SPDR PT DW EU ETFSPDW3.4%
• BlackRock ETF TrustDYNF2.7%
• Ishares TrIUSB2.5%
• State Street SPDR P Int Term TSY ETFSPTI2.3%
• MFS Active Value ETFMFSV2.2%
• Spdr Index SHS FundsSPEM2.2%
• State Street SPDR P S&P 600 Small Cap ETFSPSM2.0%
• BlackRock ETF TrustBLCR1.7%
• Pgim ACT Aggrg Bond ETFPAB1.5%
• Fidelity Blue Chip Grow ETFFBCG1.4%
• Capital Group Dividend GroweCGDG1.3%
• Invesco S&P International De ETFIDHQ1.3%
• BlackRock ETF TrustBAI1.2%
• Columbia Resear ENH COR ETFRECS1.2%
• Spdr Index SHS FundsQEFA1.2%
• Capital Group Core BalancedCGBL1.2%
• Capital Group Global EquityCGGE1.2%
• Alger ETF TrustCNEQ1.2%
• State Street SPDR P Int C Corp ETFSPIB1.1%
• Capital GRP Fixed Incm ETF TCGMS1.1%
• Capital Group GBL Growth EQTCGGO1.1%
• IsharesIEMG1.1%
• Janus Henderson Mortg Backed ETFJMBS1.1%
• Vanguard S&P 500 ETFVOO1.1%
• Capital Group New GeographyCGNG1.0%
• Capital Group Growth ETFCGGR1.0%
• iShares Msci International V ETFIVLU0.9%
• BlackRock ETF TrustTHRO0.9%
• J P Morgan Exchange Traded FundJIVE0.9%
• J P Morgan Exchange Traded FundJPIB0.9%
• iShares International Aggregate Bond ETFIAGG0.9%
• Capital GRP Fixed Incm ETF TCGCB0.9%
• BlackRock ETF TrustIALT0.8%
• Harbor ETF TrustOSEA0.8%
• Global X Defense Tech ETFSHLD0.8%
• iShares Core S&P 500 ETFIVV0.8%
• State Street SPDR P S&P 400 Midcap ETFSPMD0.8%
• BlackRock ETF Trust IIBINC0.8%
• J P Morgan Exchange Traded FundJPEM0.8%
• LPL Financial HoldingsLPLA0.8%
• State Street SPDR PF LNG TRM TSY E-usd ETFSPTL0.7%
• State Street SPDR S&P 600 SC GR ETFSLYG0.7%
• State Street SPDR P AGG Bond ETFSPAB0.7%
• Capital Group Dividend ValueCGDV0.6%
• State Street SPDR S&P 600 SC Val ETFSLYV0.6%
• J P Morgan Exchange Traded FundJQUA0.5%
• Cap Group Small and Mid Cap ETFCGMM0.5%
• MicrosoftMSFT0.5%
• AppleAAPL0.5%
• iShares US Treasury Bond ETFGOVT0.5%
• SPDR Gold Minishares Trust ETFGLDM0.4%
• Capital Group Core Equity ETCGUS0.3%
• Procter & GamblePG0.3%
• Invesco Exchange Traded Fund TPRF0.3%
• Invesco Rafi Developed Marke ETFPXF0.3%
• State Street SPDR P S&P 1500 Comp ETFSPTM0.3%
• American ExpressAXP0.2%
• Inves Rafi Emer Mrkt-usd ETFPXH0.2%
• Invesco Exchange Traded Fund TRSP0.2%
• iShares International Small ETFISCF0.2%
• NVIDIANVDA0.2%
• Ssga Active TrALLW0.2%
• Harbor ETF TrustHGER0.2%
• Ssga Active ETF TrRLY0.2%
• Vanguard Extended Market ETFVXF0.2%
• Invesco Exch Traded Fund Tr IIPDN0.2%
• BlackRock ETF Trust IICALI0.2%
• Costco WholesaleCOST0.2%
• J P Morgan Exchange Traded FundJPME0.2%
• American Centy ETF TrAVUS0.2%
• Vanguard Admiral FundsVOOG0.2%
• State Street SPDR BB EM USD Bond ETFEMHC0.1%
• WalmartWMT0.1%
• Morgan Stanley ETF TrustEVTR0.1%
• American Centy ETF TrAVUV0.1%
• iShares Core S&P Small-cap E ETFIJR0.1%
• Invesco Exchange Traded Fund TPRFZ0.1%
• iShares S&P 500 Growth ETFIVW0.1%
• iShares Core S&P Midcap ETFIJH0.1%
• iShares Core Msci Eafe ETFIEFA0.1%
• American Century US Quality ETFQGRO0.1%
• Franklin Systematic Style PR ETFFLSP0.1%
• Vanguard Admiral FundsVOOV0.1%
• J P Morgan Exchange Traded FundJPSE0.1%
• Applied MaterialsAMAT0.1%
• Berkshire HathawayBRK/B0.1%
• RBB Fund TrustFEGE0.1%
• Edison InternationalEIX0.1%
• Pgim AAA CLO ETFPAAA0.1%
• State Street SPDR Bloomberg ETFEBND0.1%
• Nushares ETF TrNURE0.1%
• J P Morgan Exchange Traded FundJPLD0.1%
• Goldman Sachs ETF TrGCAL0.1%
• Invesco S&P 500 Momentum ETFSPMO0.1%
• Capital Group InternationalCGIC0.1%
• J P Morgan Exchange Traded FundJBND0.1%