In a series of strategic acquisitions during the fourth quarter, Vermillion & White Wealth Management Group LLC diversified its ETF portfolio with a range of new investments. Notable among these was the purchase of 32,471 shares in iShares Core S&P 500 ETF (IVV), valued at approximately $15.5 million, which now represents the firm’s largest position at 15.0% of its portfolio. Additionally, Vermillion & White took positions in iShares International Select Dividend ETF (IDV), iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), and Vanguard Dividend Appreciation ETF (VIG), with investments of $101,000, $553,000, and $505,000 respectively.The firm also ventured into emerging markets with the acquisition of 46,679 shares in Dimensional Emerging Core Equity Market ETF (DFAE), worth approximately $1.125 million, making it the 21st largest holding in their portfolio. Technology sector exposure was increased with the purchase of 973 shares in iShares U.S. Technology ETF (IYW). Moreover, Vermillion & White continued to strengthen its growth-oriented positions by acquiring 1,339 shares in SPDR Portfolio S&P 500 Growth ETF (SPYG), further reflecting its confidence in the growth segment of the market.In a defensive move, the firm also invested $92,000 in iShares 1-3 Year Treasury Bond ETF (SHY), a fund with a significant PE ratio of 3,695.45 and a beta of 0.01, indicating stability during volatile market conditions. These tactical adjustments by Vermillion & White Wealth Management Group LLC showcase its active management approach and responsiveness to evolving market dynamics.
Key points
- Vermillion & White Wealth Management Group LLC made significant investments in iShares Core S&P 500 ETF (IVV) and other ETFs in the fourth quarter.
- The firm expanded its portfolio with acquisitions in various sectors, including technology and emerging markets.
- Defensive positioning is evident in the investment in iShares 1-3 Year Treasury Bond ETF (SHY).
