Portfolio ETF Rebalancing
SMART Wealth Increases Treasury and Growth ETF Holdings While Rebalancing Portfolio
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Key Points
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SMART Wealth acquired 33,749 additional Vanguard Intermediate-Term Treasury ETF shares, and VGIT represented approximately 1.3% of the firm’s portfolio, ranking as its 15th-largest position.
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The new Fidelity Blue Chip Growth ETF stake represented about 1.1% of SMART Wealth’s portfolio and ranked as its 22nd-largest holding; the firm owned approximately 0.09% of FBCG at the end of the reporting period.
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SMART Wealth sold 20,091 shares of the Innovator U.S. Equity 5 to 15 Buffer ETF–Quarterly, leaving it with approximately 4.38% of the fund and making EALT its 14th-largest holding.
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At the latest reported Friday close, FBCG was trading at $62.12, with a 12-month range of $47.60 to $64.32, a price-to-earnings ratio of 29.62 and a beta of 1.32; the fund is an actively managed, non-transparent ETF based on the Russell 1000 Growth Index.
SMART Wealth LLC restructured its exchange-traded fund portfolio during the second quarter, increasing exposure to growth stocks and government bonds while trimming a buffer strategy position. The firm boosted its Vanguard Intermediate-Term Treasury ETF stake by 49.6% to 101,787 shares valued at roughly $6 million and nearly tripled its iShares S&P 500 Growth ETF holdings to $3.5 million, according to Watchlist News. The firm also deployed $4.9 million into a new position in Fidelity Blue Chip Growth ETF.
Treasury ETFs Become 15th-Largest Holding
SMART Wealth expanded its Vanguard Intermediate-Term Treasury ETF position to 101,787 shares, adding 33,749 new shares during the quarter, according to Watchlist News. The Treasury ETF now represents approximately 1.3% of the firm's overall portfolio. This marks the fund's climb to SMART Wealth's 15th-largest position as of the latest SEC filing.
Growth Stock Exposure Nearly Doubles
SMART Wealth increased its iShares S&P 500 Growth ETF holdings by 145.2% in the second quarter, bringing the stake to 25,649 shares worth $3.5 million, as reported by Watchlist News. The firm also opened a brand-new $4.9 million position in Fidelity Blue Chip Growth ETF. The Fidelity fund, which tracks the Russell 1000 Growth Index, now ranks as SMART Wealth's 22nd-largest holding. At the quarter's close, Fidelity Blue Chip Growth ETF traded at $62.12 with a price-to-earnings ratio of 29.62 and a beta of 1.32.
Buffer Strategy Position Trimmed by 10.7%
SMART Wealth reduced its Innovator U.S. Equity 5 to 15 Buffer ETF–Quarterly stake by 10.7%, selling 20,091 shares during the quarter, according to Watchlist News. The firm retained 167,620 shares valued at roughly $6 million. Despite the reduction, this buffer ETF remains SMART Wealth's 14th-largest position. The firm still owns approximately 4.38% of the fund's total outstanding shares.
Broader Quarterly Shift Toward Diversification
SMART Wealth's Q2 activity extended beyond these four main moves. The firm invested $2.83 million in AllianzIM U.S. Equity Buffer10 Jun ETF, acquired 27,858 shares of Grizzle Growth ETF worth $1.67 million, and bought a $649,000 stake in iShares U.S. Aerospace & Defense ETF, according to Watchlist News. The portfolio rebalancing shows the firm building positions across growth, income, and defensive strategies while pruning exposure to specific buffer funds.
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