Lebenthal Global Advisors, LLC 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.
200 Parkway Drive South Hauppauge, NY 11788
As of the latest 13F report, the guru’s equity portfolio contained 128 stocks valued at a total of $304.00Mil. The top holdings were JEPI(13.82%), VCIT(9.51%), and VTV(9.44%).
According to GuruFocus data, these were Lebenthal Global Advisors, LLC’s top five trades of the quarter.
Vanguard Intermediate-Term Corporate Bond ETF
The guru established a new position worth 204,418 shares in NAS:VCIT, giving the stock a 7.09% weight in the equity portfolio. Shares traded for an average price of $79.48 during the quarter.
On 02/07/2023, Vanguard Intermediate-Term Corporate Bond ETF traded for a price of $79.98999999999999 per share and a market cap of $40.84Bil. The stock has returned -7.72% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
JPMorgan Ultra-Short Income ETF
The guru established a new position worth 297,226 shares in ARCA:JPST, giving the stock a 6.83% weight in the equity portfolio. Shares traded for an average price of $49.96 during the quarter.
On 02/07/2023, JPMorgan Ultra-Short Income ETF traded for a price of $50.21 per share and a market cap of $24.22Bil. The stock has returned 1.45% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
iShares National Muni Bond ETF
The guru established a new position worth 86,407 shares in ARCA:MUB, giving the stock a 4.06% weight in the equity portfolio. Shares traded for an average price of $105.7 during the quarter.
On 02/07/2023, iShares National Muni Bond ETF traded for a price of $107.51 per share and a market cap of $32.38Bil. The stock has returned -3.44% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Consumer Discretionary Select Sector SPDR
The guru sold out of their 57,256-share investment in ARCA:XLY. Previously, the stock had a 3.82% weight in the equity portfolio. Shares traded for an average price of $156.19 during the quarter.
On 02/07/2023, Consumer Discretionary Select Sector SPDR traded for a price of $151.13 per share and a market cap of $14.82Bil. The stock has returned -17.33% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, Consumer Discretionary Select Sector SPDR has a price-earnings ratio of 26.25 and a price-book ratio of 6.13.
iShares Russell Mid-Cap ETF
The guru sold out of their 93,682-share investment in ARCA:IWR. Previously, the stock had a 2.94% weight in the equity portfolio. Shares traded for an average price of $68.47 during the quarter.
On 02/07/2023, iShares Russell Mid-Cap ETF traded for a price of $73.48 per share and a market cap of $29.35Bil. The stock has returned -2.68% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares Russell Mid-Cap ETF has a price-earnings ratio of 17.28 and a price-book ratio of 2.80.
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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