GRIMES & COMPANY, INC. recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
110 TURNPIKE RD, STE 100 WESTBOROUGH, MA 01581
As of the latest 13F report, the guru’s equity portfolio contained 287 stocks valued at a total of $2.37Bil. The top holdings were JPST(14.75%), SHV(14.50%), and VCSH(6.25%).
According to GuruFocus data, these were GRIMES & COMPANY, INC.’s top five trades of the quarter.
Vanguard Short-Term Corporate Bond ETF
The guru established a new position worth 1,968,274 shares in NAS:VCSH, giving the stock a 6.25% weight in the equity portfolio. Shares traded for an average price of $74.43000000000001 during the quarter.
On 01/26/2023, Vanguard Short-Term Corporate Bond ETF traded for a price of $76.34 per share and a market cap of $41.70Bil. The stock has returned -3.32% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
iShares Russell 2000 ETF
GRIMES & COMPANY, INC. reduced their investment in ARCA:IWM by 421,507 shares. The trade had a 3.62% impact on the equity portfolio. During the quarter, the stock traded for an average price of $177.2.
On 01/26/2023, iShares Russell 2000 ETF traded for a price of $187.422 per share and a market cap of $53.67Bil. The stock has returned -4.38% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares Russell 2000 ETF has a price-earnings ratio of 11.62 and a price-book ratio of 1.96.
iShares Short Treasury Bond ETF
During the quarter, GRIMES & COMPANY, INC. bought 698,255 shares of NAS:SHV for a total holding of 3,125,666. The trade had a 3.24% impact on the equity portfolio. During the quarter, the stock traded for an average price of $109.38.
On 01/26/2023, iShares Short Treasury Bond ETF traded for a price of $110.22 per share and a market cap of $19.57Bil. The stock has returned 1.28% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
iShares Short-Term National Muni Bond ETF
The guru established a new position worth 629,345 shares in ARCA:SUB, giving the stock a 2.77% weight in the equity portfolio. Shares traded for an average price of $103.31 during the quarter.
On 01/26/2023, iShares Short-Term National Muni Bond ETF traded for a price of $105.14 per share and a market cap of $11.34Bil. The stock has returned -0.19% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
JPMorgan Ultra-Short Income ETF
During the quarter, GRIMES & COMPANY, INC. bought 1,151,261 shares of ARCA:JPST for a total holding of 6,968,493. The trade had a 2.44% impact on the equity portfolio. During the quarter, the stock traded for an average price of $49.92.
On 01/26/2023, JPMorgan Ultra-Short Income ETF traded for a price of $50.34 per share and a market cap of $24.39Bil. The stock has returned 1.35% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
Want to provide feedback on this article? Have questions or concerns? Get in touch with us here, or email us at [email protected]!
This article is general in nature and does not represent the opinions of GuruFocus or any of its affiliates. This article is not intended to be financial advice, nor does it constitute investment advice or recommendations. It was written without regard to your individual situation or financial goals. We aim to bring you fundamental, data-driven analysis, The information on this site is in no way guaranteed for completeness, accuracy or in any other way.
