The fourth quarter saw significant portfolio adjustments by investment firms, with Redwood Investment Management LLC and Garner Asset Management Corp making noteworthy moves. Redwood Investment Management LLC trimmed its stake in the iShares Core S&P 500 ETF (IVV) by 9.3%, holding shares valued at $3.48 million. The firm also increased its holdings in the iShares 20+ Year Treasury Bond ETF (TLT) by 35.0%, owning shares worth approximately $9.93 million. Additionally, Redwood’s position in LeaderShares Dynamic Yield ETF (DYLD) became its 7th largest despite a slight reduction of 1.2% in its stake. Garner Asset Management Corp also actively managed its portfolio, decreasing its investments in The Mosaic Company (MOS), Corning Incorporated (GLW), McCormick & Company, Incorporated (MKC), Invesco Municipal Opportunity Trust (VMO), Olin Co. (OLN), and Eaton Vance Senior Floating-Rate Trust (EFR). Conversely, Chicago Wealth Management Inc. established a new $9.22 million position in iShares Semiconductor ETF (SOXX), which is now its 5th largest holding. These strategic investment decisions reflect the firms’ dynamic responses to evolving market conditions and objectives.
Key points
- Redwood Investment Management LLC decreased its stake in iShares Core S&P 500 ETF (IVV) and increased in iShares 20+ Year Treasury Bond ETF (TLT).
- Garner Asset Management Corp sold shares in multiple companies, including The Mosaic Company (MOS) and Corning Incorporated (GLW).
- Chicago Wealth Management Inc.
acquired a significant new position in iShares Semiconductor ETF (SOXX).
