In the fourth quarter, Tradition Wealth Management LLC undertook a strategic rebalancing of its ETF portfolio, marked by both divestments and acquisitions across a range of funds. The firm boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 10.5%, making it a prominent part of its investment lineup. Conversely, Tradition Wealth Management LLC significantly reduced its positions in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 62.6% and iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) by 35.8%, indicating a shift away from certain mid and small-cap exposures.The firm also sold 17,708 shares of Schwab International Dividend Equity ETF (SCHY), downsizing its stake by 7.9%, and parted with 9,769 shares of iShares MSCI EAFE Value ETF (EFV), a 10.5% reduction. These sales suggest a reevaluation of its international equity positions. Tradition Wealth Management LLC also expanded its emerging markets exposure by purchasing an additional 100,402 shares of iShares MSCI Emerging Markets ETF (EEM), a significant 79.8% increase in its stake.Additionally, the firm grew its position in Virtus InfraCap U.S. Preferred Stock ETF (PFFA) by 9.0%, indicating a targeted approach towards preferred stock offerings within its portfolio. These portfolio adjustments reflect Tradition Wealth Management’s ongoing efforts to navigate an evolving financial landscape, optimizing for performance amidst changing market conditions.
Key points
- Tradition Wealth Management LLC increased its stake in FNDX by 10.
- The firm significantly reduced its holdings in mid and small-cap ETFs, including a 62.
- Tradition Wealth Management LLC expanded its emerging markets exposure by 79.
- The firm’s portfolio adjustments indicate a rebalancing in response to market dynamics.
5%, reflecting a strategic investment in large-cap funds.
6% reduction in IJH and a 35.
8% reduction in IJR.
8% through additional shares of EEM.
