investingreview.org logo
Evite el fraude, obtenga los hechos y encuentre lo mejor
Nothings Found.

Investment advisory firm, RiverGlades Family Offices LLC, increases holdings in top-performing ETFs while reducing exposure to struggling investments

Ava Hoppe | 23 April, 2023

RiverGlades Family Offices LLC is an investment advisory firm operating out of Florida, USA, and managing assets worth over $3 billion. The firm specializes in managing wealth for high net worth individuals, families, and institutions. According to the recently released 13F filing report for Q2 2022, the firm increased holdings in some familiar names in the stock market, while also reducing its exposure to certain other investments.

One of the largest holdings for RiverGlades Family Offices LLC is the iShares S&P 500 ETF (NYSEARCA:IVV), which the firm currently holds over 55,000 shares worth around $21 million. The firm added over 450 shares of the ETF, representing a 2.2% increase from the previous quarter. The ETF tracks the performance of the S&P 500 index, which is a reliable indicator of the overall health of the US stock market.

Another large holding for the firm is the iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH), with over 34,000 shares worth nearly $8.5 million. The firm added over 1000 shares, representing an impressive 7.3% increase from the previous quarter. The ETF tracks the performance of the S&P MidCap 400, which includes companies with market caps between $2 billion and $10 billion.

RiverGlades Family Offices LLC also increased its holdings in Vanguard Tax-Managed Funds International Equity ETF (NYSEARCA:VEA), which tracks the performance of developed international equity markets, excluding US and Canadian stocks. The firm added over 3,500 shares, representing a 5% increase from the previous quarter, and the total value of the shares held by the firm is around $7.3 million.

However, the firm reduced its exposure to some of the popular funds, such as the Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO). The firm decreased its holdings by over 2,400 shares, representing an 8% reduction from the previous quarter. The ETF tracks the performance of the FTSE Emerging Markets Index, which includes large and mid-cap stocks from emerging markets.

Another fund that saw a reduction in the firm's holdings is the iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG). The firm sold over 4,000 shares, representing a 12.1% reduction from the previous quarter. The ETF tracks the performance of the Bloomberg Barclays US Aggregate Bond Index, which includes investment-grade US government and corporate bonds.

The firm also reduced its holdings in the iShares Gold Trust (NYSEARCA:IAU) by over 2,200 shares, representing a 1.3% reduction from the previous quarter. The trust holds physical gold bullion and aims to track the performance of the price of gold.

RiverGlades Family Offices LLC has holdings in several other well-known funds such as the Select Sector SPDRs ETFs, which tracks the performances of various sectors within the S&P 500 index, and the Vanguard Municipal Bond ETF (NYSEARCA:VTEB), which holds investment-grade municipal bonds issued by US states and territories.

Overall, the fund managers at RiverGlades Family Offices LLC seem to have made shrewd investment decisions by increasing holdings in well-performing funds such as IVV and IJH. They have also reduced exposure to certain ETFs, such as VWO and AGG, which have struggled in recent months. This decision should provide the firm’s clients with a well-diversified portfolio that is better positioned to weather market volatility.

Muchas personas han sido quemadas por fraudes y esquemas de Ponzi. Así que creamos este sitio web para ayudarlo a usted, el potencial inversionista, a obtener los datos, encontrar lo mejor y evitar el fraude y los esquemas Ponzi.

Toda la información proporcionada en este sitio web se proporciona sin garantía y con fines únicamente informativos.
InvestingReview.org no proporciona consejos de inversión. InvestingReview.org no es un asesor de inversiones y no está respaldado ni afiliado con ninguna agencia reguladora estadounidense o no estadounidense.


Empresas recientemente buscadas

Nota: los datos de búsqueda son acumulados por terceros y actualizados una vez al día.

Copyright © 2023 por InvestingReview.org / Todos los derechos reservados.