NTV Asset Management LLC recently cut its holdings in Truist Financial Corporation by 1.9%, selling 3,235 shares of the insurance provider’s stock. This move leaves the firm with a total of 169,701 shares, according to its second-quarter filing with the SEC.
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NTV Asset Management LLC Sells 3,235 Shares of Truist Financial Corporation $TFC
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Key Takeaways:
- NTV Asset Management LLC reduced its stake in Truist Financial by 1.9%.
- The firm sold 3,235 shares of the company’s stock.
- It now holds 169,701 shares of Truist Financial.
- The transaction took place in the second quarter.
- Truist Financial Corporation is an insurance provider.
NTV Asset Management’s Recent Move
NTV Asset Management LLC took steps to slightly reduce its exposure to Truist Financial Corporation during the second quarter. According to a filing with the Securities and Exchange Commission (SEC), the firm trimmed its stake by 1.9%.
Changes in Share Ownership
The reduction amounted to 3,235 shares of Truist Financial’s stock. As a result, NTV Asset Management retains 169,701 shares of the insurance provider.
About Truist Financial
Truist Financial Corporation, listed on the NYSE under the ticker TFC, is recognized in the filing as an insurance provider. This transaction was part of NTV Asset Management’s routine adjustments to its portfolio in the second quarter, as indicated by the most recent SEC documents.
Reflections on the Sale
While the decision to sell a portion of TFC stock was relatively modest, it underscores the ongoing management of the firm’s investment strategies. By reporting these figures to the SEC, both NTV Asset Management LLC and Truist Financial remain transparent in their dealings, offering a snapshot of evolving activity within the insurance and financial sectors.
