Financial Services Company Increases Stock Position in Trusts

Several financial services companies have been increasing their stock positions in various trusts, according to recent filings with the Securities & Exchange Commission.

Hantz Financial Services Inc. grew its stake in shares of Universal Health Realty Income Trust by 842.2% in the 2nd quarter, while Shaker Financial Services LLC raised its stake in BlackRock Enhanced Global Dividend Trust by 235.1%.

Washington Trust Bank also increased its stake in The PNC Financial Services Group, Inc by 15.6%, and Simmons Bank grew its position in Truist Financial Corporation by 4.6%.

Putney Financial Group LLC and AMG National Trust Bank were among the other financial institutions that increased their stock positions in various trusts, including Accenture PLC, Coca-Cola Consolidated, Inc., and Shinhan Financial Group Co Ltd.

Overall, the trend seems to indicate a positive outlook on these trusts by financial services companies, as they continue to invest and grow their positions in the market.