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Top 5 1st Quarter Trades of BTS Asset Management, Inc.

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May 15, 2022
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BTS Asset Management, Inc. 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.

420 BEDFORD ST. LEXINGTON, MA 02420

As of the latest 13F report, the guru’s equity portfolio contained 32 stocks valued at a total of $326,000,000. The top holdings were HYG(33.23%), HYLB(22.40%), and JNK(22.07%).

According to GuruFocus data, these were BTS Asset Management, Inc.’s top five trades of the quarter.

Invesco S&P 500 Low Volatility ETF


The guru sold out of their 560,754-share investment in ARCA:SPLV. Previously, the stock had a 13.78% weight in the equity portfolio. Shares traded for an average price of $64.79 during the quarter.

On 05/15/2022, Invesco S&P 500 Low Volatility ETF traded for a price of $64.74 per share and a market cap of $10,101,382,000. The stock has returned 7.79% over the past year.

There is insufficient data to calculate the stock’s financial strength and profitability ratings.

In terms of valuation, Invesco S&P 500 Low Volatility ETF has a price-book ratio of 3.37.

iShares iBoxx USD High Yield Corporate Bond ETF


BTS Asset Management, Inc. reduced their investment in ARCA:HYG by 425,273 shares. The trade had a 13.26% impact on the equity portfolio. During the quarter, the stock traded for an average price of $82.97.

On 05/15/2022, iShares iBoxx USD High Yield Corporate Bond ETF traded for a price of $76.81 per share and a market cap of $14,278,979,000. The stock has returned -8.25% over the past year.

There is insufficient data to calculate the stock’s financial strength and profitability ratings.

In terms of valuation, iShares iBoxx USD High Yield Corporate Bond ETF has a price-book ratio of 1.64.

iShares 0-5 Year High Yield Corporate Bond ETF


The guru established a new position worth 949,514 shares in ARCA:SHYG, giving the stock a 12.8% weight in the equity portfolio. Shares traded for an average price of $43.75 during the quarter.

On 05/15/2022, iShares 0-5 Year High Yield Corporate Bond ETF traded for a price of $41.97 per share and a market cap of $5,002,824,000. The stock has returned -3.65% over the past year.

There is insufficient data to calculate the stock’s financial strength and profitability ratings.

In terms of valuation, iShares 0-5 Year High Yield Corporate Bond ETF has a price-book ratio of 6.35.

Xtrackers USD High Yield Corporate Bond ETF


During the quarter, BTS Asset Management, Inc. bought 942,023 shares of ARCA:HYLB for a total holding of 1,936,605. The trade had a 10.9% impact on the equity portfolio. During the quarter, the stock traded for an average price of $37.84.

On 05/15/2022, Xtrackers USD High Yield Corporate Bond ETF traded for a price of $35.12 per share and a market cap of $3,852,225,000. The stock has returned -7.85% over the past year.

There is insufficient data to calculate the stock’s financial strength and profitability ratings.

iShares MSCI USA Min Vol Factor ETF


The guru sold out of their 228,577-share investment in BATS:USMV. Previously, the stock had a 6.63% weight in the equity portfolio. Shares traded for an average price of $75.47 during the quarter.

On 05/15/2022, iShares MSCI USA Min Vol Factor ETF traded for a price of $72.18 per share and a market cap of $26,966,448,000. The stock has returned 1.55% over the past year.

There is insufficient data to calculate the stock’s financial strength and profitability ratings.

In terms of valuation, iShares MSCI USA Min Vol Factor ETF has a price-book ratio of 4.60.


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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