Recent financial disclosures shed light on the investment strategies of several firms, including Mutual of America Capital Management LLC and Private Trust Co. NA. These firms have been actively adjusting their portfolios, as evidenced by their latest filings with the Securities and Exchange Commission (SEC).
Mutual of America Adjusts Holdings
Mutual of America Capital Management LLC has been making strategic adjustments to its holdings in several companies. Notably, the firm trimmed its stake in Mettler-Toledo International Inc. (NYSE:MTD) by 3.3% during the fourth quarter, according to their Form 13F filing. This resulted in a reduction of 86 shares, leaving the firm with a total of 2,533 shares.
The firm also lessened its position in Fortive Co. (NYSE:FTV). A recent disclosure with the SEC revealed that Mutual of America Capital Management LLC reduced its stake in shares of Fortive Co. by 3.7% in the 4th quarter. The company owned 41,569 shares of the technology company’s stock after selling 1,581 shares during the period.
Private Trust Co. NA Increases Invesco Stake
In contrast to the reductions made by Mutual of America, Private Trust Co. NA has been increasing its investment in Invesco Senior Income Trust (NYSE:VVR). Holdings Channel reports that Private Trust Co. NA grew its holdings in Invesco Senior Income Trust by a substantial 125.0% in the fourth quarter. This increase involved acquiring an additional 5,000 shares, bringing the firm's total holdings to 9,000 shares.
This significant increase suggests a positive outlook from Private Trust Co. NA on the future performance of Invesco Senior Income Trust.
Looking Ahead
These adjustments in investment portfolios highlight the dynamic nature of the financial markets. Investors are constantly re-evaluating their positions based on various factors, including company performance, market trends, and overall economic conditions. It's important to stay informed about these changes to understand the broader landscape of the investment world.
Meanwhile, Burford Capital (NYSE:BUR) is projected to release its earnings data before the market opens on Thursday, March 13th. Analysts expect Burford Capital to post earnings of $0.56 per share and revenue of $219.38 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so.
