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

AGG, VUG, VTV, and More: A Look at Trust Co's Q3 2023 vs. Q4 2023 Holdings

Trust Co, a prominent financial institution, recently released its Q3 2023 and Q4 2023 13F holdings. These reports provide valuable insights into the changes in the company's investment portfolio and offer investors a glimpse into the firm's strategy. In this article, we will examine some of the significant movements in Trust Co's holdings during this period.

One of the notable changes in Trust Co's holdings is the significant increase in shares of the iShares Core US Aggregate Bond Index ETF (AGG). In Q3 2023, Trust Co held 632,021 shares, which rose to 840,401 shares in Q4 2023. The value of these shares also experienced a substantial increase, from $59,435,000 in Q3 to $83,409,000 in Q4, representing a 40.3% change. This move suggests a bullish sentiment towards the US aggregate bond market.

Another move that caught our attention was Trust Co's reduction in shares of the Vanguard Growth Index ETF (VUG). In Q3 2023, the company held 214,456 shares, which decreased to 205,071 shares in Q4 2023. Despite the decrease in shares, the value of these holdings increased from $58,397,000 in Q3 to $63,751,000 in Q4, indicating a 9.2% change. It seems that Trust Co is still optimistic about the growth potential of certain sectors.

Trust Co also demonstrated its confidence in the Vanguard Value Index ETF (VTV). The firm increased its holdings from 396,170 shares in Q3 2023 to 401,000 shares in Q4 2023. This slight increment is accompanied by a rise in value, from $54,643,000 in Q3 to $59,948,000 in Q4, reflecting a 9.7% change. The decision to hold more shares of VTV suggests Trust Co's belief in the value-oriented investment approach.

In the mid-cap segment, Trust Co made adjustments to its holdings in the Vanguard Mid-Cap Growth Index ETF (VOT). The company lowered its position from 226,435 shares in Q3 2023 to 221,756 shares in Q4 2023. However, the value of these holdings increased from $44,101,000 in Q3 to $48,689,000 in Q4, resulting in a 10.4% change. This suggests Trust Co's favor towards mid-cap growth opportunities.

One interesting observation is Trust Co's substantial increase in shares of the Vanguard Total Bond Index ETF (BND). In Q3 2023, the firm only had 150 shares of BND, which surged to a whopping 600,128 shares in Q4 2023. Moreover, the value of these shares rose from $10,000 in Q3 to $44,139,000 in Q4, representing a staggering 421,599.9% change. This significant move indicates Trust Co's belief in the potential of the total bond market.

These are just some of the notable changes in Trust Co's holdings during Q3 2023 and Q4 2023. The company made strategic adjustments to its portfolio, increasing or reducing exposure to certain sectors or assets based on market conditions and opportunities. Investors can use these insights to gain a better understanding of Trust Co's investment strategy and make informed decisions regarding their own portfolios.

Disclaimer: This article is for informational purposes only and should not be considered as financial advice. The information in this article is based on the publicly available 13F filings and may not include all of Trust Co's holdings. Investors are advised to conduct their own research and consult with a financial advisor before making any investment decisions.