Modern Wealth Management portfolio

What changed this quarter

1000 positions with a change (249 new, 496 added to, 226 trimmed, 29 sold); also, 1 entered through an IPO, 3 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Fidelity Total Bond ETF+62%more sharesIncreased
  3.9% → 4.4%
• J P Morgan Exchange Traded Fund+97%more sharesIncreased
  1.8% → 2.4%
• STE Str SPDR PT S&P 500 ETF+85%more sharesIncreased
  1.6% → 2.4%
• State Str Spdr S&P 500 ETF T+166%more sharesIncreased
  0.7% → 1.6%
• Putnam ETF Trust+65%more sharesIncreased
  1.8% → 2.3%
• Pimco Multisector Bond Actv ETF+2,521%more sharesIncreased
  under 0.1% → 0.9%
• American Centy ETF Tr+91%more sharesIncreased
  1.2% → 1.6%
• Vanguard Intermediate-term T ETF+286%more sharesIncreased
  0.4% → 1.0%
• Janus Henderson Mortg Backed ETF−67%fewer sharesReduced
  1.6% → 0.4%
• iShares US Equity Factor ETF+72%more sharesIncreased
  1.2% → 1.6%
• iShares S&P Mid-cap 400 Grow ETF−99%fewer sharesReduced
  0.9% → under 0.1%
• iShares S&P Small-cap 600 VA ETF−99%fewer sharesReduced
  0.8% → under 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

• Fidelity Total Bond ETFFBND4.4%
• J P Morgan Exchange Traded FundJCPB2.4%
• STE Str SPDR PT S&P 500 ETFSPYM2.4%
• Putnam ETF TrustPVAL2.3%
• AppleAAPL2.1%
• Janus Henderson AAA CLO ETFJAAA1.8%
• iShares Core S&P 500 ETFIVV1.8%
• American Centy ETF TrAVDE1.6%
• iShares US Equity Factor ETFLRGF1.6%
• American Centy ETF TrAVEM1.6%
• State Str Spdr S&P 500 ETF TSPY1.6%
• Vanguard Index FundsVTI1.5%
• Victory Portfolios IIVFLO1.5%
• MicrosoftMSFT1.3%
• State Street SPDR P S&P 1500 Comp ETFSPTM1.2%
• iShares S&P 500 Growth ETFIVW1.2%
• AlphabetGOOGL · GOOG1.1%
• Invesco QQQ Trust Series 1 ETFQQQ1.1%
• Vanguard Intermediate-term T ETFVGIT1.0%
• GMO ETF TrustQLTY1.0%
• iShares Msci International Q ETFIQLT0.9%
• Pimco Multisector Bond Actv ETFPYLD0.9%
• American Century US Quality ETFQGRO0.9%
• iShares Msci USA Quality FAC ETFQUAL0.9%
• iShares US Smallcap Equity F ETFSMLF0.9%
• iShares 1-3 Year Treasury BO ETFSHY0.8%
• Invesco Nasdaq 100 ETFQQQM0.8%
• iShares S&P 500 Value ETFIVE0.8%
• JPMorgan ChaseJPM0.7%
• Dimensional ETF TrustDFIS0.7%
• Schwab US Large-cap ETFSCHX0.7%
• NVIDIANVDA0.7%
• Schwab International Equity ETFSCHF0.7%
• Berkshire HathawayBRK/B0.6%
• Amazon.comAMZN0.6%
• Schwab US Broad Market ETFSCHB0.6%
• Pimco Enhanced Short Maturit ETFMINT0.5%
• Goldman Sachs ETF TrGPIX0.5%
• Isha Curr Hedged Msci Japan ETFHEWJ0.5%
• BlackRock ETF TrustDYNF0.5%
• Vaneck Merk Gold ETFOUNZ0.5%
• iShares Russell 1000 Growth ETFIWF0.5%
• Taiwan Semiconductor ManufacturingTSM0.5%
• Ishares TrIUSB0.5%
• J P Morgan Exchange Traded FundJIRE0.5%
• Columbia EM Core Ex-china ETFXCEM0.4%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.4%
• Invesco Exchange Traded Fund TPPA0.4%
• First Trust Senior Loan ETFFTSL0.4%
• BlackRock ETF Trust IIBINC0.4%
• State Street Financial Select Sector ETFXLF0.4%
• WisdomTree U.s. Quality Divi ETFDGRW0.4%
• Vanguard Ftse Developed ETFVEA0.4%
• State Street Energy Select Sector ETFXLE0.4%
• iShares 7-10 Year Treasury B ETFIEF0.4%
• Schwab US Aggregate Bond ETFSCHZ0.4%
• American Century Diversified ETFKORP0.4%
• First Tr Exchange-traded ALPFEX0.4%
• iShares 0-5 Year Tips Bond E ETFSTIP0.4%
• iShares Russell 1000 Value E ETFIWD0.4%
• iShares 0-1 Year Treasury BO ETFSHV0.4%
• Janus Henderson Mortg Backed ETFJMBS0.4%
• State Street Industrial Select Sector ETFXLI0.4%
• iShares US Treasury Bond ETFGOVT0.3%
• First Tr Exchange Traded FundTDIV0.3%
• Ishares TrLQD0.3%
• Vanguard Admiral FundsVOOG0.3%
• Vanguard Index FundsVV0.3%
• First Trust DOW 30 EQL Wght ETFEDOW0.3%
• State Street SPDR S&P Dividend ETFSDY0.3%
• Invesco S&P International De ETFIDMO0.3%
• iShares Core S&P U.s. Value ETFIUSV0.3%
• Hartford Funds Exchange TradedHFSI0.3%
• State Street SPDR P S&P 500 Growth ETFSPYG0.3%
• Franklin U.s. Treasury Bond ETFFLGV0.3%
• iShares Core Msci DEV Mkts ETFIDEV0.3%
• First Tr Exchange Trad Fund VIFTGC0.3%
• iShares Gold Trust ETFIAU0.3%
• Schwab US DVD Equity ETFSCHD0.3%
• Invesco Exchange Traded Fund TPFM0.3%
• iShares International Equity ETFINTF0.3%
• Pimco Active Bond Exchange-t ETFBOND0.3%
• IsharesIEMG0.3%
• Vanguard S&P 500 ETFVOO0.3%
• Nextera EnergyNEE0.3%
• Proshares TrREGL0.3%
• Pacer US Cash Cows 100 ETFCOWZ0.3%
• First Trust Nasdaq Cybersecu ETFCIBR0.3%
• Capital Group Dividend ValueCGDV0.3%
• Micron TechnologyMU0.3%
• iShares Global 100 ETFIOO0.3%
• First Trust North American E ETFEMLP0.3%
• Invesco S&P 500 Momentum ETFSPMO0.3%
• Vanguard Admiral FundsVOOV0.3%
• Invesco Exchange Traded Fund TRSPG0.3%
• iShares 10-20 Year Treasury ETFTLH0.3%
• Global X Internet of Things ETFSNSR0.3%
• State Street Technology Select Sector ETFXLK0.3%
• iShares MBS ETFMBB0.3%