Legacy Private Trust Co. Q2 2023 vs. Q3 2023 13F Holdings Comparison

Legacy Private Trust Co., a renowned financial institution, recently released its 13F holdings for the second and third quarters of 2023. These holdings provide valuable insights into the investment choices made by the company during this period. In this article, we will delve into the changes in the holdings and highlight notable shifts and trends.

ISHARES TR: IVV

In the second quarter of 2023, Legacy Private Trust Co. held 306,639 shares of ISHARES TR's IVV. However, in the third quarter, the number of shares slightly decreased to 303,113. Although this represents a 4.8% decrease, it is worth noting that the value of these shares decreased from $136,672,000 to $130,165,000, indicating a shift in the company's investment strategy.

VANGUARD INDEX FDS: VTI

Legacy Private Trust Co.'s holdings in VANGUARD INDEX FDS, specifically the VTI option, experienced a positive change from the second to the third quarter of 2023. The number of shares increased from 328,878 to 356,131, representing a 4.4% growth. The corresponding value of these shares also increased from $72,445,000 to $75,645,000. This suggests the trust company's confidence in the performance and potential of VTI in the market.

VANGUARD TAX-MANAGED FDS: VEA

The holdings of Legacy Private Trust Co. in VANGUARD TAX-MANAGED FDS' VEA underwent a significant change from the second to the third quarter of 2023. The number of shares decreased by 19.3%, from 1,449,190 to 1,235,950. This decrease is further reflected in the value of these shares, which dropped from $66,923,000 to $54,035,000. It is essential to closely monitor the factors contributing to this substantial shift in holdings.

VANGUARD BD INDEX FDS: BND

One of the most remarkable changes in Legacy Private Trust Co.'s holdings is in VANGUARD BD INDEX FDS' BND. The number of shares held increased from 340,180 in the second quarter to a staggering 660,962 in the third quarter, reflecting an impressive 86.5% growth. This growth is also mirrored in the value of these shares, which rose from $24,727,000 to $46,121,000. This significant increase suggests a strategic move to invest more heavily in the bonds offered by VANGUARD BD INDEX FDS.

ISHARES TR: AGG

Legacy Private Trust Co. increased its holdings in ISHARES TR's AGG option from the second to the third quarter of 2023. The number of shares rose from 397,392 to 440,563, signifying a 6.4% growth. Moreover, the value of these shares also increased from $38,924,000 to $41,430,000. This growth indicates the trust company's confidence in the performance of AGG within the market.

VANGUARD INDEX FDS: VXF

The holdings of Legacy Private Trust Co. in VANGUARD INDEX FDS' VXF option experienced substantial positive growth from the second to the third quarter of 2023. The number of shares increased dramatically from 123,592 to 231,282, representing an 80.2% growth rate. Similarly, the value of these shares rose from $18,394,000 to $33,149,000. This remarkable increase suggests a strong belief in the potential of VXF as an investment option.

These are just a few examples of the changes in Legacy Private Trust Co.'s holdings between the second and third quarters of 2023. The complete 13F holdings reveal more insights into the trust company's investment decisions during this period. Monitoring these changes and trends can provide valuable guidance for investors and analysts seeking to understand Legacy Private Trust Co.'s strategies and market outlook. It is important to note that these holdings may change over time as market conditions and investment opportunities evolve.