Pettinga Financial Advisors LLC

Gold and precious-metals exposure was also sharply reduced. iShares' IAU gold ETF fell 60% to $4.4M, while the Abrdn silver ETF SIVR was trimmed 22.6% to $5.5M. Those cuts were partially offset by a small new SPDR GLD position and a 10% increase in the iShares Bitcoin Trust IBIT, but the overall precious-metals sleeve clearly shrank.

On the other side, the advisor added a $31.9M position in BlackRock's CORO ETF—instantly the portfolio's second-largest holding at 6.0%—while also initiating Vanguard's BNDX international bond fund, iShares' GOVT Treasury ETF, Invesco's UUP dollar-index ETF, and BlackRock's MQY municipal-income fund. Core U.S. equity saw consistent buying: iShares' IVV S&P 500 ETF rose 27% to $38.3M, SPDR's SPY gained share count to $18.0M, and the growth and value slices IVW and IVE both expanded despite price headwinds. The advisor also added to momentum (MTUM), equal-weight (RSP), dividend-growth (VYM), and preferred-income (PRF) sleeves.