Cascade's ETF Growth
Cascade Wealth Advisors Bolsters ETF Portfolio with Major Increases in Growth and Income Funds
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Cascade’s DFAS stake rose 7.7% to 105,961 shares, placing it as the 13th-largest holding and representing about 0.06% of the Dimensional U.S. Small Cap ETF, with a value near $8.26 million at the latest filing; the ETF itself had notable activity from other institutions in Q1, including PNC Financial Services Group increasing by 12.1% to 26,709 shares and new stakes by Cassaday & Co Wealth Management, Hanover Advisors, Basepoint Wealth, and Balefire LLC.
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Cascade increased its NEOS Real Estate High Income ETF (IYRI) position by 19.8% to 127,879 shares, representing about 2.5% of Cascade’s portfolio, with the stake valued at roughly $6.34 million; IYRI’s price data show it opened around $50.40 and trades within a 52-week range roughly $46.29–$51.25.
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Cascade’s stake in Vanguard Russell 1000 Growth ETF (VONG) increased 10.2% to 65,644 shares, about 2.9% of its portfolio and roughly $7.2 million in value, making VONG Cascade’s 15th-largest holding; the article also notes large bank and asset-manager positions in VONG, such as Bank of America’s substantial stake (+51.7%) and other firms like LPL Financial and Wells Fargo enhancing their positions.
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Cascade boosted its NEOS S&P 500 High Income ETF (SPYI) by 3.2% to 340,419 shares, about 7.3% of its portfolio and roughly $18.18 million in value, ranking SPYI as Cascade’s second-largest holding; other hedge funds also expanded SPYI positions in Q1, including PNC Financial Services Group (+43.3% to 3,174 shares), Parallel Advisors (+42.4%), Marshall & Sterling Wealth Advisors (+102.7%), World Equity Group (+8.4%), and Centennial Bank AR (+151.7%).
Cascade Wealth Advisors Inc made notable moves in exchange-traded funds during the first quarter, expanding positions across four key ETFs. The firm's biggest bet remains the NEOS S&P 500 High Income ETF (SPYI), which now stands as its second-largest holding at 340,419 shares worth roughly $18.18 million, according to Watchlist News.
The moves signal a clear strategy. Cascade is leaning into high-income and real estate-focused ETFs, while also growing its exposure to large-cap growth through Vanguard's Russell 1000 Growth ETF (VONG).
SPYI and IYRI Anchor Cascade's Income Strategy
SPYI is Cascade's second-largest holding and one of its most actively grown positions. The firm raised its stake by 3.2% to 340,419 shares this quarter. That position is now worth about $18.18 million and makes up roughly 7.3% of the portfolio, per Watchlist News.
Cascade also pushed its NEOS Real Estate High Income ETF (IYRI) stake up 19.8% to 127,879 shares. That position is worth around $6.34 million. IYRI trades in a 52-week range of roughly $46.29 to $51.25, with a recent open near $50.40. The two NEOS funds together show Cascade's clear tilt toward income-generating strategies.
DFAS and VONG Round Out the Growth Bets
Cascade's stake in the Dimensional U.S. Small Cap ETF (DFAS) grew 7.7% to 105,961 shares. That makes it the firm's 13th-largest holding, valued near $8.26 million. Cascade now owns about 0.06% of the entire DFAS fund, according to Watchlist News.
On the large-cap side, Cascade lifted its VONG position by 10.2% to 65,644 shares. That stake is worth roughly $7.2 million and ranks as the 15th-largest holding in its portfolio, about 2.9% of total assets. VONG tracks the Russell 1000 Growth Index, covering the biggest U.S. growth companies.
Other Big Institutions Also Piled Into These ETFs
Cascade was not alone in building up these positions. In VONG, Bank of America grew its stake by a striking 51.7% in Q1. LPL Financial and Wells Fargo also added to their VONG holdings, per Ticker Report.
SPYI also drew fresh interest from several firms. PNC Financial Services Group raised its SPYI stake by 43.3%. Marshall & Sterling Wealth Advisors more than doubled theirs, up 102.7%. Centennial Bank AR made the biggest jump, growing its position by 151.7%. The broad buying suggests rising demand for high-income equity strategies across the industry.
DFAS Attracts New Buyers Beyond Cascade
Fresh money also flowed into DFAS this quarter. PNC Financial Services Group raised its stake by 12.1% to 26,709 shares. Several firms opened brand-new positions, including Cassaday & Co Wealth Management, Hanover Advisors, Basepoint Wealth, and Balefire LLC, according to Watchlist News.
The activity across all four ETFs points to a broader shift. Institutional investors are actively moving into alternative and income-focused funds. For Cascade, the pattern is consistent: bigger bets on yield and growth, with SPYI sitting firmly at the core of the strategy.
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