Baron First Principles ETF $RONB Stock Bought by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its stake in Baron First Principles ETF (NYSE:RONB) by 218.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 35,000 shares of the company’s stock after buying an additional 24,000 shares during the period. International Assets Investment Management LLC’s holdings in Baron First Principles ETF were worth $820,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of RONB. Envestnet Asset Management Inc. increased its position in Baron First Principles ETF by 156.8% during the second quarter. Envestnet Asset Management Inc. now owns 70,012 shares of the company’s stock worth $1,708,000 after acquiring an additional 42,754 shares during the period. Mayfair Advisory Group LLC acquired a new position in Baron First Principles ETF during the 3rd quarter valued at $213,000. Apollon Wealth Management LLC bought a new stake in Baron First Principles ETF in the 3rd quarter valued at $206,000. Integrated Wealth Concepts LLC bought a new stake in Baron First Principles ETF in the 2nd quarter valued at $171,000. Finally, CX Institutional bought a new stake in Baron First Principles ETF in the 3rd quarter valued at $71,000.

Baron First Principles ETF Trading Down 0.2%

NYSE RONB opened at $24.71 on Thursday. The stock has a fifty day moving average of $24.19. Baron First Principles ETF has a 52-week low of $20.78 and a 52-week high of $26.73.

Baron First Principles ETF (NYSE: RONB) is an actively managed exchange-traded fund sponsored by Baron Capital. The fund seeks long-term capital appreciation by investing in companies that its investment team believes have durable competitive advantages, strong growth potential, and capable management teams.

The fund applies a “first principles” investment approach, focusing on the underlying drivers of a business rather than relying primarily on market sentiment or conventional classifications.