Confluence Wealth Services portfolio

What changed this quarter

437 positions with a change (109 new, 307 added to, 20 trimmed, 1 sold); also, 1 entered through an IPO, 2 entered through a spin-off. 8 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Capital Group Dividend Value+15%more sharesIncreased
  10.0% → 9.8%
• Capital Group Dividend Growe+58%more sharesIncreased
  2.9% → 3.5%
• Vanguard Dividend Apprec ETF+21%more sharesIncreased
  6.8% → 6.7%
• iShares Russell 1000 Growth ETF+19%more sharesIncreased
  5.3% → 5.4%
• J P Morgan Exchange Traded Fund+20%more sharesIncreased
  5.2% → 4.6%
• J P Morgan Exchange Traded Fund+29%more sharesIncreased
  3.3% → 3.2%
• Apple+52%more sharesIncreased
  1.6% → 2.1%
• NVIDIA+81%more sharesIncreased
  0.8% → 1.2%

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

• Capital Group Dividend ValueCGDV9.8%
• Vanguard Dividend Apprec ETFVIG6.7%
• iShares Russell 1000 Growth ETFIWF5.4%
• J P Morgan Exchange Traded FundJEPI4.6%
• Vanguard Int High DVD YLD In ETFVYMI4.3%
• Capital Group Dividend GroweCGDG3.5%
• Dimensional ETF TrustDFIV3.2%
• J P Morgan Exchange Traded FundJCPB3.2%
• Dimensional ETF TrustDFAS2.9%
• iShares Core Dividend Growth ETFDGRO2.8%
• Pimco Multisector Bond Actv ETFPYLD2.7%
• Capital Group International Focus EQTCGXU2.4%
• iShares Msci Eafe ETFEFA2.3%
• Dimensional ETF TrustDFAX2.2%
• AppleAAPL2.1%
• Capital Group Growth ETFCGGR1.8%
• Capital GRP Fixed Incm ETF TCGCP1.5%
• NVIDIANVDA1.2%
• Vanguard Wellingt US VA ETFVUSV1.2%
• Exxon MobilXOM1.1%
• Dimensional ETF TrustDFAT1.1%
• J P Morgan Exchange Traded FundJPIE1.0%
• AlphabetGOOGL · GOOG0.9%
• Capital GRP Fixed Incm ETF TCGMU0.9%
• MicrosoftMSFT0.9%
• iShares Russell 2000 Growth ETFIWO0.9%
• MFS Active Core Plus Bond ETFMFSB0.8%
• Vanguard Core Tax-ex Bond ETFVCRM0.7%
• Capital Group New GeographyCGNG0.7%
• Dimensional ETF TrustDFAE0.7%
• Dimensional ETF TrustDFUV0.6%
• Capital Group Core BalancedCGBL0.6%
• JPMorgan ChaseJPM0.6%
• BroadcomAVGO0.6%
• J P Morgan Exchange Traded FundJAVA0.6%
• Capital GRP Fixed Incm ETF TCGHM0.5%
• Eli LillyLLY0.5%
• Capital Group Conservative ECGCV0.4%
• Vanguard Index FundsVTI0.4%
• ChevronCVX0.4%
• WalmartWMT0.4%
• Cisco SystemsCSCO0.4%
• Capital Group InternationalCGIC · CGIE0.4%
• Johnson & JohnsonJNJ0.4%
• iShares International Div Growth ETFIGRO0.4%
• iShares National Muni Bond E ETFMUB0.3%
• VisaV0.3%
• Amazon.comAMZN0.3%
• CaterpillarCAT0.3%
• Capital Group GBL Growth EQTCGGO0.3%
• AbbVieABBV0.3%
• Berkshire HathawayBRK/B0.3%
• Procter & GamblePG0.3%
• iShares Core S&P 500 ETFIVV0.3%
• EatonETN0.2%
• iShares Russell 1000 Value E ETFIWD0.2%
• iShares Msci Emerging Market ETFEEM0.2%
• Marathon PetroleumMPC0.2%
• Costco WholesaleCOST0.2%
• ChubbCB0.2%
• KLAKLAC0.2%
• iShares Core Msci Eafe ETFIEFA0.2%
• PNC Financial Services GroupPNC0.2%
• DeereDE0.2%
• Home DepotHD0.2%
• SPDR Gold Shares ETFGLD0.2%
• AmgenAMGN0.2%
• MerckMRK0.2%
• Capital GRP Fixed Incm ETF TCGMS0.2%
• Applied MaterialsAMAT0.2%
• Analog DevicesADI0.2%
• GE AerospaceGE0.2%
• International Business MachinesIBM0.2%
• PepsicoPEP0.2%
• OracleORCL0.1%
• Invesco Exchange Traded Fund TRSP0.1%
• Philip Morris InternationalPM0.1%
• Nextera EnergyNEE0.1%
• Micron TechnologyMU0.1%
• Energy TransferET0.1%
• GE VernovaGEV0.1%
• IntelINTC0.1%
• Advanced Micro DevicesAMD0.1%
• Union PacificUNP0.1%
• Altria GroupMO0.1%
• McDONALD’SMCD0.1%
• Abbott LaboratoriesABT0.1%
• State Street SPDR BB Conv Sec ETFCWB0.1%
• RTXRTX0.1%
• Vanguard High DVD Yield ETFVYM0.1%
• Invesco QQQ Trust Series 1 ETFQQQ0.1%
• ConocoPhillipsCOP0.1%
• State Str Spdr S&P 500 ETF TSPY0.1%
• Meta PlatformsMETA0.1%
• TeslaTSLA0.1%
• Coca-ColaKO0.1%
• Vanguard S&P 500 ETFVOO0.1%
• MastercardMA0.1%