Lutz Financial Services Q2 2026 Portfolio Activity Report

Lutz Financial Services LLC saw its portfolio value reach approximately $1.64 billion by June 30, 2026. The firm's holdings underwent several notable adjustments this quarter, reflecting both additions and reductions across various ETFs commonly found in institutional portfolios.

The analysis of investor activity focuses on changes observed within the portfolio during Q2. Significant buying activity was noted for specific stocks identified by the platform as potential large buys: VO, though others like MU, VUG, AMD, and WDC were mentioned in previous filings but not directly confirmed as purchases from this data.

Lutz Financial Services demonstrated a clear preference for broad market exposure, with substantial increases observed in major ETFs like SPYV and BND. The investor added shares to the large-cap S&P 500 tracking fund SPYV, increasing its position by over 249,683 additional units. Similarly, a significant increase was noted in Vanguard's Total Bond Market ETF BND, adding nearly 147,846 more shares.

Several other holdings also saw substantial growth during the quarter:

• IJH: The iShares Core S&P Small-Cap Index Fund increased by approximately 16,917 shares.
• VCSH: Vanguard's Scottsdale Convertible Bond ETF added about 901,823 more shares.
• MDYV: The SPDR S&P 500 Dividend Yield ETF increased by roughly 82,959 additional units.
• VTEB: Vanguard's Municipal Bond ETF added nearly 166,392 more shares.
• Several Dimensional and Schwab funds also increased: DFIC, DUHP, SCHP, and MBB.

Conversely, the investor reduced their position in Vanguard's Small Cap Value ETF (BSV) by approximately 27,493 shares. This was one of two positions held in this fund previously, but it now stands at zero units according to the latest filing.

Additionally, a position in Vanguard's Scottsdale Fund (VO) increased significantly from previous levels. While not explicitly listed as one of the 'significant buys', this ETF saw its share count rise by 15,159 units.

Furthermore, Lutz Financial Services added shares to several Dimensional and Schwab funds that previously held small or zero positions:

• DFAC: Increased by about 928,322 units.
• SCHX: Added roughly 902,154 more shares.
• DFEM: Increased by approximately 254,366 units.

In summary, Lutz Financial Services focused on strengthening positions in established broad market and bond funds during Q2. While there were no large sell-offs reported for this quarter based on the provided data (though SPY saw a slight decrease), the investor maintained or increased exposure to major indices like VOO, VANGUARD INDEX FDS (VOO) and Vanguard's core offerings.