Nottingham boosts ETF holdings
Nottingham Advisors Significantly Boosts Holdings Across Diverse Fixed Income and Infrastructure ETFs
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Key Points
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Vanguard Long-Term Treasury ETF (VGLT) accounts for about 2.9% of Nottingham Advisors' portfolio and is its 12th-largest holding.
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VGLT opened at $55.02 on Wednesday, with a 50-day moving average around $54.74.
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Global X MLP & Energy Infrastructure ETF (MLPX) represents about 0.8% of Nottingham's portfolio and ranks as its 27th-largest holding.
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Janus Henderson Securitized Income ETF (JSI) accounts for roughly 1.70% of Nottingham's portfolio and is its 11th-largest holding.
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BNY Mellon Global Infrastructure Income ETF (BKGI) accounts for about 1.7% of Nottingham's portfolio and is its 20th-largest holding.
Nottingham Advisors Inc. made sweeping moves in its portfolio during the first quarter of 2026, boosting stakes in five ETFs spanning long-term bonds, energy pipelines, and global infrastructure. The Buffalo, NY-based firm — which manages roughly $777 million in assets — increased its position in the Janus Henderson Securitized Income ETF (JSI) by 32.2%, bringing its holding to 495,997 shares worth about $25.57 million, according to Watchlist News.
The moves signal a deliberate shift toward income-producing and defensive assets. Nottingham lifted its Global X MLP & Energy Infrastructure ETF (MLPX) stake by 51.6% — the largest percentage jump among the five funds — to 88,333 shares valued at $6.53 million, per Ticker Report.
Nottingham Loads Up on Long-Term Bonds Amid Rate Uncertainty
The firm's biggest dollar bet was on U.S. Treasuries. Nottingham added 48,626 shares of the Vanguard Long-Term Treasury ETF (VGLT), lifting its total to 402,843 shares — a 13.7% increase — worth roughly $22.3 million, according to Ticker Report. VGLT now makes up 2.9% of Nottingham's portfolio and ranks as its 12th-largest holding. The ETF opened at $55.02 on Wednesday, near its 50-day moving average of $54.74.
Nottingham also grew its Vanguard Long-Term Corporate Bond ETF (VCLT) stake by 39.2% to 56,786 shares, worth about $4.24 million. The dual Treasury-and-corporate bond push reflects what Vanguard strategists call a "bonds are back" moment — real yields now comfortably exceed inflation, giving long-duration bonds a cushion even if the Federal Reserve holds rates steady, per Watchlist News.
JSI and BKGI Drive Income-Focused Portfolio Expansion
JSI is now Nottingham's 11th-largest holding at 1.7% of its portfolio. The Janus Henderson Securitized Income ETF carries a dividend yield of 5.98% and focuses on high-quality securitized debt — think mortgage-backed securities and asset-backed loans. Morningstar rates JSI as "Neutral," calling it a stable income play but warning that active security selection is needed to avoid trouble in a high-rate environment.
The BNY Mellon Global Infrastructure Income ETF (BKGI) also grew, with Nottingham adding 17,281 shares for a total of 297,415 shares worth $13.25 million — a 6.2% increase, per Ticker Report. BKGI hit $1 billion in assets under management in May 2026, fueled by institutional inflows. The fund targets a forward yield of about 6% and ranks as Nottingham's 20th-largest holding at 1.7% of its portfolio.
MLPX Bet Reflects Smart Tax Play in Energy Pipelines
Nottingham's biggest percentage increase was in MLPX, the Global X MLP & Energy Infrastructure ETF. The firm raised its stake by 51.6% to 88,333 shares. MLPX holds midstream energy companies — pipelines, storage, and processing facilities — and is structured as a C-Corporation. That structure avoids the tax drag that hits traditional MLP funds like AMLP, which pays a 7.6% dividend yield but carries deferred tax liabilities.
MLPX returned 23.2% year-to-date through mid-2026 and carries a lower expense ratio of 0.45%, making it a better fit for institutional advisors focused on total return rather than raw yield. By choosing MLPX over AMLP, Nottingham is protecting client assets from hidden tax costs that build up during market rallies, according to Watchlist News.
A Hybrid Strategy Built for a Higher-For-Longer Rate World
Nottingham's Q1 moves reflect a two-track approach. On one track, passive ETFs like VGLT serve as "anchor" positions — cheap, liquid exposure to Treasuries that would gain sharply if the Fed cuts rates from its current 3.50%–3.75% target. On the other track, active funds like JSI let Nottingham pay a premium for expert navigation of complex bond markets where picking the wrong security can quickly erase yield gains.
Co-CIO Matthew Krajna has noted that parts of the U.S. market look expensive, especially in AI-linked stocks, pushing the firm toward value and income. The infrastructure bets in BKGI and MLPX fit that view — both funds tap into spending on electrical grids and energy networks driven by AI data center growth. Together, the five ETF increases add up to a clear message: Nottingham is positioning for income and resilience, not speculation, according to Ticker Report.
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