Ironwood Investment Counsel, LLC recently filed their 13F report for the first quarter of 2022, which ended on 2022-03-31.
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.
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As of the latest 13F report, the guru’s equity portfolio contained 213 stocks valued at a total of $407,000,000. The top holdings were MSFT(7.14%), AAPL(5.62%), and JNJ(2.36%).
According to GuruFocus data, these were Ironwood Investment Counsel, LLC’s top five trades of the quarter.
JPMorgan Ultra-Short Income ETF
Ironwood Investment Counsel, LLC reduced their investment in BATS:JPST by 138,844 shares. The trade had a 1.6% impact on the equity portfolio. During the quarter, the stock traded for an average price of $50.32.
On 05/10/2022, JPMorgan Ultra-Short Income ETF traded for a price of $50.185 per share and a market cap of $19,015,106,000. The stock has returned -0.50% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
iShares Core 1-5 Year USD Bond ETF
Ironwood Investment Counsel, LLC reduced their investment in NAS:ISTB by 121,872 shares. The trade had a 1.41% impact on the equity portfolio. During the quarter, the stock traded for an average price of $49.27.
On 05/10/2022, iShares Core 1-5 Year USD Bond ETF traded for a price of $47.74 per share and a market cap of $5,895,889,000. The stock has returned -5.85% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares Core 1-5 Year USD Bond ETF has a price-book ratio of 2.07.
Pfizer Inc
Ironwood Investment Counsel, LLC reduced their investment in NYSE:PFE by 63,399 shares. The trade had a 0.86% impact on the equity portfolio. During the quarter, the stock traded for an average price of $51.88.
On 05/10/2022, Pfizer Inc traded for a price of $48.64 per share and a market cap of $274,707,750,000. The stock has returned 25.87% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Pfizer Inc has a price-earnings ratio of 11.14, a price-book ratio of 3.54, a price-earnings-to-growth (PEG) ratio of 1.06, a EV-to-Ebitda ratio of 8.32 and a price-sales ratio of 3.01.
The price-to-GF Value ratio is 0.61, earning the stock a GF Value rank of 4.
JPMorgan Ultra-Short Municipal Income ETF
Ironwood Investment Counsel, LLC reduced their investment in BATS:JMST by 54,926 shares. The trade had a 0.64% impact on the equity portfolio. During the quarter, the stock traded for an average price of $50.77.
On 05/10/2022, JPMorgan Ultra-Short Municipal Income ETF traded for a price of $50.49 per share and a market cap of $3,438,370,000. The stock has returned -0.81% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Merck & Co Inc
During the quarter, Ironwood Investment Counsel, LLC bought 30,004 shares of NYSE:MRK for a total holding of 70,221. The trade had a 0.6% impact on the equity portfolio. During the quarter, the stock traded for an average price of $78.84.
On 05/10/2022, Merck & Co Inc traded for a price of $87.64 per share and a market cap of $221,624,472,000. The stock has returned 20.80% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Merck & Co Inc has a price-earnings ratio of 15.68, a price-book ratio of 5.79, a price-earnings-to-growth (PEG) ratio of 2.10, a EV-to-Ebitda ratio of 12.72 and a price-sales ratio of 4.12.
The price-to-GF Value ratio is 0.88, earning the stock a GF Value rank of 9.
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.
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