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flag Penney Financial LLC boosted holdings in international stocks and fixed-income ETFs, cut bonds.

flag Penney Financial LLC increased its holdings in IEFA and DFCF by 6.1% and 14.4% respectively, while reducing its stake in AGG. flag IEFA tracks international stocks, DFCF focuses on fixed-income securities, and AGG is an aggregate bond ETF. flag Several other institutional investors also adjusted their positions in these ETFs.

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