Trust Co Q3 2023 vs. Q4 2023 13F Holdings Comparison

Investing in the stock market requires careful analysis and monitoring of companies' holdings. One way to gain insights into the investment strategies of institutional investors is by examining their 13F filings. Trust Co's holdings for Q3 2023 and Q4 2023 have recently been made public, providing valuable information for investors. Let's take a closer look at the changes in their holdings and what it could mean for the future.

AGG: iShares Core US Aggregate Bond Index ETF

Trust Co's holdings of AGG, an ETF that tracks the performance of the US bond market, increased significantly from Q3 to Q4 2023. The number of shares held rose from 632,021 to 840,401, representing a 40.3% increase. The corresponding value of these holdings also saw a substantial rise, going from $59,435,000 to $83,409,000. This significant increase could indicate Trust Co's growing confidence in the US bond market and their belief in the stability of fixed income investments.

VUG: Vanguard Growth Index ETF

Trust Co's holdings of VUG, an ETF that focuses on large-cap growth stocks, experienced a slight decrease from Q3 to Q4 2023. The number of shares held decreased from 214,456 to 205,071, representing a 9.2% decline. Despite the decrease in shares, the value of these holdings only saw a minor decrease, going from $58,397,000 to $63,751,000. This decrease could suggest a shift in Trust Co's investment strategy, perhaps indicating a slightly more cautious approach to growth stocks.

VTV: Vanguard Value Index ETF

Trust Co's holdings of VTV, an ETF that focuses on large-cap value stocks, showed a slight increase from Q3 to Q4 2023. The number of shares held rose from 396,170 to 401,000, representing a 9.7% increase. The value of these holdings also saw a modest rise, going from $54,643,000 to $59,948,000. This small increase could indicate Trust Co's continued faith in the long-term potential of value stocks, which are often considered undervalued by the market.

VOT: Vanguard Mid-Cap Growth Index ETF

Trust Co's holdings of VOT, an ETF that focuses on mid-cap growth stocks, experienced a slight decrease from Q3 to Q4 2023. The number of shares held decreased from 226,435 to 221,756, representing a 10.4% decline. The value of these holdings also saw a small decrease, going from $44,101,000 to $48,689,000. This decrease could suggest Trust Co's cautious approach to mid-cap stocks or a reallocation of assets within this category.

BND: Vanguard Total Bond Index ETF

Trust Co's holdings of BND, an ETF that provides broad exposure to the US bond market, saw a significant change from Q3 to Q4 2023. In Q3, Trust Co held 150 shares of BND, but in Q4, the number of shares shot up to 600,128. This massive increase could indicate a strategic move by Trust Co to increase their exposure to the bond market. The value of these holdings also saw a substantial rise, going from $10,000 to $441,390,000. This sizable investment in bonds could suggest Trust Co's belief in the stability and income potential of fixed income securities.

MUB: iShares National Muni Bond Index ETF

Trust Co's holdings of MUB, an ETF that focuses on investment-grade municipal bonds, saw a significant increase from Q3 to Q4 2023. The number of shares held rose from 195,526 to 392,366, representing an impressive 112.2% increase. The value of these holdings also soared, going from $20,049,000 to $42,536,000. This substantial increase in municipal bond holdings could indicate Trust Co's confidence in the tax advantages and income potential of this asset class.

VOE: Vanguard Mid-Cap Value Index ETF

Trust Co's holdings of VOE, an ETF that focuses on mid-cap value stocks, experienced a notable increase from Q3 to Q4 2023. The number of shares held rose from 262,339 to 286,370, representing a 20.9% increase. The value of these holdings also saw a significant rise, going from $34,355,000 to $41,526,000. This increase in mid-cap value stocks could suggest Trust Co's belief in the potential undervaluation of these companies and the possibility of future appreciation.

SHV: iShares Short Treasury Bond Index ETF

Trust Co's holdings of SHV, an ETF that invests in short-term US Treasury bonds, saw a modest increase from Q3 to Q4 2023. The number of shares held rose from 353,169 to 368,114, representing a 3.9% increase. The value of these holdings also saw a slight rise, going from $39,014,000 to $40,540,000. This increase in short-term US Treasury bond holdings could indicate Trust Co's preference for the safety and stability provided by government debt.

FNDF: Schwab Fundamental Intl Large Co ETF

Trust Co's holdings of FNDF, an ETF that tracks the performance of large-cap international companies, showed a slight increase from Q3 to Q4 2023. The number of shares held rose from 1,071,929 to 1,085,776, representing a 7.9% increase. The value of these holdings also saw a modest rise, going from $33,947,000 to $36,623,000. This increase in international large-cap holdings could suggest Trust Co's belief in the potential of global markets and their desire for diversification.

Conclusion

Trust Co's 13F filings for Q3 and Q4 2023 provide valuable insights into the changes in their holdings. While some holdings experienced significant increases or decreases, others remained relatively stable. Trust Co's increased focus on bond ETFs indicates a potential desire for income generation and risk management. Additionally, their shifting allocations in growth and value stocks suggest a dynamic approach to capital appreciation. It is essential for individual investors to analyze these changes and evaluate the potential impact on their own investment strategies. Always consult with a financial advisor before making any investment decisions.