In a strategic maneuver, Asset Allocation Strategies LLC has rebalanced its exchange-traded fund (ETF) holdings in the fourth quarter, according to recent SEC filings. The firm reduced its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 7.1%, parting with 8,160 shares. It also trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.4%, selling 12,938 shares.Concurrently, the firm bolstered its holdings in other areas, notably increasing its shares in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) by 19.7%, adding 6,332 shares to its portfolio. A significant move was made in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG), where the firm’s stake grew by 54.8% with the purchase of 33,285 shares. Additionally, Asset Allocation Strategies LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.1%, now owning 333,658 shares and making it the firm’s largest holding. The firm also augmented its stake in First Trust International IPO ETF (NASDAQ:FPXI) by 13.8%.These portfolio adjustments highlight the active asset reallocation by Asset Allocation Strategies LLC amidst fluctuating market conditions. Other institutional investors have similarly adjusted their positions, reflecting a broader trend of strategic portfolio management in response to market signals.
Key points
- Asset Allocation Strategies LLC scaled back its stake in First Trust Senior Loan ETF by 7.
- The firm increased its holdings in iShares Morningstar Small-Cap Growth ETF by 19.
- Schwab US Dividend Equity ETF is now the firm’s largest holding after a 13.
1% and iShares S&P 500 Growth ETF by 10.
4%.
7% and in SPDR Portfolio S&P 500 Growth ETF by 54.
8%.
1% increase in shares.
