Trellis Wealth Advisors Q2 2026 Portfolio Update: Focus on Bond Funds, ETF Sales

Trellis Wealth Advisors Llc (trellis-wealth-advisors-llc) appears to maintain a diversified investment strategy focused primarily on fixed income and exchange-traded funds during the second quarter of 2026.

The firm's portfolio, valued at approximately $280 million as of June 30th, continues to be dominated by large ETF holdings. Dimensional Fund Advisors' DFA Small Cap Value Equity ETF (DFAX) remains a significant position at 20.19% allocation, while the Dimensional Fund Advisors Mid Cap Growth Equity ETF (DFAC) holds 14.83%. Vanguard Total Stock Market ETF (VTI), previously holding around 11%, saw its weight decrease slightly to just under 11%.

Notably during this quarter, Trellis sold shares in several Dimensional funds. The DFA Small Cap Value Equity ETF (DFAX) experienced a slight reduction of -24,846 shares (-1.53%) from the previous period, while the Dimensional Mid Cap Growth ETF (DFAC) saw an even smaller decrease of -8,898 shares (-0.91%).

Conversely, Trellis demonstrated a strong preference for Vanguard short-term bond funds during Q2 2026. The firm significantly increased its position in the Vanguard Short-Term Corporate Bond ETF (BSV), adding over 7% more shares and boosting its portfolio weight from approximately 5.11% to 7.68%. Similarly, the Vanguard Short-Term Investment Grade Fund ETF Shares (Ticker: VCSH) saw a substantial increase of nearly 18%, raising its allocation.

Additionally, Trellis purchased shares in other short-term bond-related funds or ETFs this quarter. The Vanguard Municipal Bond Index 20 Year ETF (VCRB), which previously held no position according to the top holdings list but appears in changed_holdings with a small increase (+843 shares +5.11%), gained weight. Furthermore, positions were initiated in JPMorgan Institutional Preferred Shares ETF (JPLD) and iShares 0-5 Year Investment Grade Bond ETF (Ticker: IJR), both representing very minor allocations.

The portfolio also saw small changes elsewhere. Tesla Inc. (TSLA) was added as a new holding, albeit with a negligible allocation of just under 1% ($203k). There were also minor adjustments in holdings like AVDE and VXUS, which remained within the top holdings list but experienced slight share increases or decreases.