Investment firm Mutual of America Capital Management LLC has been actively adjusting its portfolio in the fourth quarter, according to recent filings with the Securities and Exchange Commission (SEC). These adjustments include reductions in holdings across several companies in both the banking and technology sectors.
Banking Sector Adjustments
One notable adjustment involves Glacier Bancorp, Inc. (NASDAQ:GBCI). Mutual of America Capital Management LLC decreased its stake in Glacier Bancorp by 2.3%, selling 1,384 shares. This move leaves the firm with 59,901 shares of the bank's stock. 
Similarly, the firm trimmed its position in Columbia Banking System, Inc. (NASDAQ:COLB) by 2.2%. This reduction resulted in the sale of 2,532 shares, leaving Mutual of America Capital Management LLC with 110,683 shares in the financial services provider.
These adjustments reflect ongoing portfolio management decisions and strategic realignments within the investment firm.
Technology Sector Adjustments
Beyond the banking sector, Mutual of America Capital Management LLC also made adjustments in the technology sector. The firm lessened its holdings in shares of CDW Co. (NASDAQ:CDW) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,962 shares of the information technology services provider’s stock after selling some shares.
Head-to-Head Comparison: John Marshall Bancorp vs. Truxton
In other financial news, a head-to-head contrast between John Marshall Bancorp (NASDAQ:JMSB) and Truxton (OTCMKTS:TRUX) reveals interesting insights into their financial performance. The analysis focuses on profitability metrics and risk/volatility factors.
Truxton exhibits a higher net margin of 23.49%. John Marshall Bancorp reports a net margin of 15.23%, a return on equity of 7.20%, and a return on assets of 0.76%. Furthermore, Truxton's beta of 0.67 suggests that its share price is 33% less volatile than its counterparts.
"These comparisons highlight the diverse financial profiles of different institutions within the banking sector," notes one financial analyst.
These adjustments and comparisons offer a glimpse into the dynamic nature of the financial markets and the strategic decisions driving investment firms and individual companies.