Lwm Advisory Services Q2 Portfolio Shift: Major Tech Sells Offset by Fixed Income Buys
Lwm Advisory Services, Llc significantly reduced its holdings in SPY and AAPL while increasing exposure to fixed income ETFs like FBND.
As of June 30th, 2026, Lwm Advisory Services, Llc's portfolio saw notable changes during the quarter. The firm's holdings experienced significant reductions in several large-cap stocks and ETFs while showing increased interest in certain fixed income products.
Among the most pronounced selling activities were exits from major exchange-traded funds (ETFs) and technology giants. SPY, tracking the S&P 500, saw its shares reduced by over 63%, representing a substantial decrease in allocation from previous periods.
Similarly, consumer technology leader AAPL experienced a significant reduction of nearly 52% in its share count during the quarter. This was part of a broader trend where several top holdings like SPY and AAPL were sold, alongside notable reductions in other sectors.
The investor also demonstrated strong buying interest in fixed income-related assets this period. A new position was initiated with FBND, the Fidelity Merrimack fund, acquiring 30,029 shares valued at approximately $1.4 million.
Furthermore, existing positions in fixed income funds saw substantial increases: JMUB, JPMorgan Exchange Traded Fund (ETF), increased by 86.51%; and GLDM World Gold Trust also saw a significant boost of nearly 90% in its position.
The investor's portfolio allocation shifted during the quarter, with reductions impacting major sectors. Technology holdings were notably reduced through sales of SPY and AAPL, while fixed income allocations increased significantly via new positions like FBND and JCPB (JPMorgan ETF).