Nolet Wealth Management Q2 2026 Portfolio Activity: Significant Shifts Away From Bonds
Nolet Wealth Management, LLC saw substantial changes to its holdings during the second quarter of 2026. Notably, large ETF positions like JMUB and TLT were reduced significantly.
According to filings from Nolet Wealth Management, Nolet Wealth Management LLC, the portfolio experienced significant turnover during Q2 2026. The investor sold substantial positions in several large ETF holdings.
The most notable sale was JMUB (J P Morgan Exchange Traded Fund). Nolet's position in this fund decreased by a hefty -122,487 shares and -26.12% value-wise during the quarter. This represents one of their largest holdings reductions.
Another major reduction occurred with TLT (ISHares TLT), an ETF focused on long-term Treasury bonds. The position saw a sharp decline of -116,911 shares and -66.55% in value during Q2 2026.
VEA (Vanguard Tax-Managed Fund) also experienced a significant decrease, shedding -80,203 shares (-87.61%) from its portfolio allocation this quarter.
In contrast to these exits, Nolet Wealth Management demonstrated strong buying activity in certain sectors during Q2 2026. The investor significantly increased their position in IDEV (ISHares IDEV), adding approximately 63,478 shares and seeing a portfolio allocation percentage jump from previous periods.
Additionally, the firm bolstered its holdings of IWF (ISHares IWF) by acquiring around 26,016 more shares during Q2. This ETF also saw substantial growth in Nolet's portfolio this quarter.
Nolet Wealth Management also initiated new positions or increased small-cap stocks like KLAC (KLA Corporation) and GPK (Graphic Packaging Holding Co.). Furthermore, they added shares to COTY (Coty Inc.) and ABEV (Ambev SA), though these remain small allocations in the overall portfolio.
The investor also purchased shares of WIT (Wipro Ltd.) and ASX (ASE Technology Holding Co. Ltd.), adding exposure to emerging markets or specific foreign companies, alongside VO (Vanguard Index Fund) which saw a smaller increase in shares but still represents buying activity.