Brown Financial Advisory 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.
54 S. GREENO ROAD. FAIRHOPE, AL 36532
As of the latest 13F report, the guru’s equity portfolio contained 29 stocks valued at a total of $97.00Mil. The top holdings were SPLG(36.05%), VB(12.59%), and SPDW(9.84%).
According to GuruFocus data, these were Brown Financial Advisory’s top five trades of the quarter.
Vanguard Tax-Exempt Bond ETF
Brown Financial Advisory reduced their investment in ARCA:VTEB by 128,242 shares. The trade had a 5.92% impact on the equity portfolio. During the quarter, the stock traded for an average price of $48.69.
On 01/25/2023, Vanguard Tax-Exempt Bond ETF traded for a price of $50.8299 per share and a market cap of $25.50Bil. The stock has returned -3.84% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
SPDR Portfolio Aggregate Bond ETF
Brown Financial Advisory reduced their investment in ARCA:SPAB by 149,712 shares. The trade had a 3.58% impact on the equity portfolio. During the quarter, the stock traded for an average price of $24.94.
On 01/25/2023, SPDR Portfolio Aggregate Bond ETF traded for a price of $25.9563 per share and a market cap of $6.43Bil. The stock has returned -8.34% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
SPDR Portfolio Emerging Markets ETF
Brown Financial Advisory reduced their investment in ARCA:SPEM by 36,201 shares. The trade had a 1.08% impact on the equity portfolio. During the quarter, the stock traded for an average price of $31.85.
On 01/25/2023, SPDR Portfolio Emerging Markets ETF traded for a price of $35.7997 per share and a market cap of $6.93Bil. The stock has returned -9.75% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, SPDR Portfolio Emerging Markets ETF has a price-earnings ratio of 11.00 and a price-book ratio of 1.63.
Vanguard Intermediate-Term Bond ETF
The guru sold out of their 14,256-share investment in ARCA:BIV. Previously, the stock had a 1.01% weight in the equity portfolio. Shares traded for an average price of $73.79000000000001 during the quarter.
On 01/25/2023, Vanguard Intermediate-Term Bond ETF traded for a price of $76.896 per share and a market cap of $13.74Bil. The stock has returned -8.33% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Vanguard Real Estate Index Fund ETF
The guru established a new position worth 11,404 shares in ARCA:VNQ, giving the stock a 0.97% weight in the equity portfolio. Shares traded for an average price of $81.87 during the quarter.
On 01/25/2023, Vanguard Real Estate Index Fund ETF traded for a price of $87.83 per share and a market cap of $35.26Bil. The stock has returned -13.43% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Vanguard Real Estate Index Fund ETF has a price-earnings ratio of 22.87 and a price-book ratio of 2.21.
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.
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