Marin Bay Portfolio Growth
Marin Bay Wealth Advisors Significantly Expands Holdings in Major Equity ETFs During First Quarter
Anonymous
Key Points
1
Other institutions besides Marin Bay also increased or started positions in Vanguard FTSE Emerging Markets ETF (VWO) in the period. For example, Rakuten Securities Inc. lifted its VWO stake by 4,575% to 561 shares (about $30,000) after buying 549 shares in the last quarter; Darwin Wealth Management LLC expanded to 600 shares worth about $32,000; Hager Investment Management Services LLC and Scarborough Advisors LLC opened new positions around $26,000 each; Miller Capital Partners Inc. also started a new stake around $28,000. Overall, institutional ownership in VWO is substantial (about 67.19%).
2
Marin Bay Wealth Advisors LLC’s iShares Core S&P 500 ETF (IVV) position grew to 93,030 shares after adding 77,696 shares in the quarter, with IVV accounting for about 18.3% of the portfolio and valued at roughly $60.77 million.
3
Marin Bay also added 45,116 shares of Vanguard FTSE Developed Markets ETF (VEA) in the quarter, a $2.891 million stake that represents about 0.9% of the portfolio and ranks as the 18th largest holding.
4
IVV’s current price-and-market data show it opened at $751.95, with a 50-day moving average of $748.56 and a 200-day moving average of $710.27; the 12-month range spans $622.31 to $764.00, and the fund carries a market cap around $887 billion with a P/E of 25.10 and a beta of 1.00.
5
VEA information shows it opened at about $70.47, with a 50-day moving average of $70.82 and a 200-day moving average of $68.09; the 52-week range is roughly $55.68 to $73.23.
Marin Bay Wealth Advisors LLC made a series of bold ETF moves in the first quarter, dramatically expanding its exposure to U.S. and international stocks. The firm's biggest shift was in iShares Core S&P 500 ETF (IVV), where it added 77,696 shares, growing the position by roughly 507% to 93,030 shares worth about $60.77 million, according to Watchlist News.
The IVV stake now makes up about 18% of Marin Bay's total portfolio and ranks as its second-largest holding. Alongside that, the firm opened new positions in two Vanguard ETFs — one focused on emerging markets, the other on developed international markets.
IVV Position Surges to $60 Million in One Quarter
Marin Bay's IVV stake jumped from a modest base to 93,030 shares in a single quarter. At roughly $60.77 million, IVV now sits as the firm's second-largest holding. The fund tracks the S&P 500 and currently trades near $751.95, per Watchlist News. Its 50-day moving average is $748.56, and its 200-day moving average is $710.27.
IVV carries a market cap of about $887 billion, a price-to-earnings ratio of 25.10, and a beta of 1.00 — meaning it moves in line with the broader market. The fund's 12-month range runs from $622.31 to $764.00, showing solid upward momentum over the past year.
New Vanguard International ETF Stakes Added on Both Fronts
Marin Bay also bought 15,305 shares of Vanguard FTSE Emerging Markets ETF (VWO), valued at about $827,000. That is a brand-new position for the firm. Separately, it added 45,116 shares of Vanguard FTSE Developed Markets ETF (VEA), worth roughly $2.89 million, according to Ticker Report.
The VEA stake now accounts for about 0.9% of Marin Bay's portfolio and ranks as its 18th-largest holding. VEA opened recently at $70.47, with a 52-week range of $55.68 to $73.23 and a 200-day moving average of $68.09. Together, VWO and VEA give the firm broader reach outside the United States.
Other Institutions Also Piled Into VWO This Quarter
Marin Bay was not alone in buying VWO. Several smaller firms also moved into the emerging markets ETF. Rakuten Securities Inc. raised its VWO stake by 4,575%, adding 549 shares to reach 561 shares worth about $30,000, according to Watchlist News. Darwin Wealth Management LLC grew its position to 600 shares, valued at roughly $32,000.
Hager Investment Management Services LLC, Scarborough Advisors LLC, and Miller Capital Partners Inc. each started new VWO positions worth between $26,000 and $28,000. Overall, institutions own about 67.19% of VWO. The broad buying signals growing appetite for emerging market exposure heading into the second quarter.
Marin Bay Also Grew Positions in Costco, Mastercard, and Bonds
ETFs were not the only focus for Marin Bay this quarter. The firm raised its Mastercard (MA) holdings by 60.4%, bringing its total to 4,429 shares, according to Watchlist News. It also grew its Costco (COST) stake by 56.8%, per Ticker Report.
On the fixed income side, Marin Bay opened a brand-new position in Vanguard Short-Term Bond ETF (BSV), picking up 21,663 shares. That move suggests the firm is not going all-in on equities — it is also hedging with lower-risk bond exposure as it reshapes its portfolio.
Sentiment
Mostly PositiveNEGATIVENEUTRALPOSITIVE
Publishers
13
Articles
6
Reach
19
A
AnonymousAuthor