Destination Wealth Management Portfolio Update: Significant Changes in Q2 2026

As of June 30th, 2026, Destination Wealth Management has reported changes to its portfolio holdings. This analysis focuses on observable purchases and sales during this period.

Prominent Increases in Portfolio Holdings

The investor significantly boosted their position in several exchange-traded funds (ETFs) and stocks this quarter:

• PYLD experienced a substantial increase of approximately 3.4 million shares, representing a nearly 34% rise in its position value.
• The holding count increased by over half a million shares (+510,286) in the Vanguard Growth ETF (VUG).
• IJH, the iShares Core S&P Small-Cap Index Fund, saw a significant addition of nearly half a million shares.
• The holding count increased by over ninety thousand shares (+90,616) in the iShares Core Aggregate Bond ETF (AGG).
• IJR, the iShares Core S&P Mid-Cap Index Fund, added over eighty-two thousand shares.
• The holding count increased by nearly one hundred and seventy thousand shares (+169,708) in SCHWAB STRATEGIC TR (SCHX).
• IGSB, the iShares Core MSCI USA Small Cap ETF, added over forty-five thousand shares.

These additions suggest confidence in these specific funds or sectors during this period. Notably, VUG's increase was particularly large at 498.34%, indicating a strong conviction shift.

Substantial Reductions and Exits

In contrast to the increases, Destination Wealth Management also reduced or exited several holdings:

• The position in Zoetis (ZTS) was completely liquidated during this quarter.
• IEMG, the iShares MSCI USA ESG Small Cap ETF, saw a reduction of nearly half its holding count and experienced a slight decrease in value.
• The holding count decreased by over thirty-three thousand shares (-34,028) in SCHWAB STRATEGIC TR (SCHZ).
• SCHX, the Schwab U.S. Small Cap ETF, also experienced a reduction of nearly seventy thousand shares.

The complete exit from Zoetis (-79.14%) and the significant reductions in other positions highlight areas where the investor adjusted their exposure or divested entirely.

New Positions Introduced This Quarter

Destination Wealth Management added several new holdings to its portfolio:

• VUG, the Vanguard Growth ETF, was a significant addition.
• The holding count increased for SCHWAB STRATEGIC TR (SCHX).
• ISHARES U S ETF TR (LQDH) saw an increase in its position.

Investors are adding exposure to these specific assets, which could be driven by various factors including performance expectations or strategic diversification goals for this period.

No Activity Disclosed for Certain Categories

Despite the detailed reporting of individual holdings changes, there is no information provided in this filing regarding:

• The total number of positions held by Destination Wealth Management at quarter-end (holding count).
• The overall allocation percentage across sectors.

Furthermore, while the portfolio indicators list "significant sell symbols" including VOO and HON, these specific holdings are not detailed in the provided changed_holdings data. Similarly, some other ETFs mentioned as sold (like SMH) lack corresponding entries here.

Conclusion: Strategic Shifts Observed

The portfolio changes observed by Destination Wealth Management during this quarter reflect a strategic shift towards certain growth-oriented and bond funds while reducing exposure in others. The significant increase in VUG (498.34%) stands out as the most pronounced buying activity, suggesting a strong tilt towards small-cap US growth stocks.

The complete exit from Zoetis (-79.14%) indicates a decision to remove that stock entirely from their holdings. The substantial reduction in IEMG (down 3.23% by share count) further emphasizes the investor's focus on specific asset classes or funds during this period.

To view Destination Wealth Management's full portfolio holdings and performance, please visit their profile page: Destination Wealth Management.