First Citizens Bank & Trust Co. increased its holdings in the Vanguard S&P 500 ETF by 4.0% during the third quarter, acquiring an additional 1,886 shares to bring its total to 49,191 shares. This position represents 0.5% of the firm’s overall portfolio and ranks as its 23rd largest holding. As of the latest SEC filing, the ETF stake is valued at $30.12 million, reflecting First Citizens’ continued confidence in broad U.S. large-cap exposure.

TRB Advisors LP grew its stake in the Vanguard S&P 500 ETF by 72.7% in the third quarter, adding 200,000 shares to reach a total of 475,000 shares. This ETF now accounts for 57.5% of TRB Advisors’ entire portfolio, making it the firm’s largest single position. The holding was valued at $290.88 million at the end of the reporting period, underscoring a major strategic overweight in U.S. equities.

Several other institutions made notable adjustments during the third quarter. Cheviot Value Management LLC increased its position by 19.4%, moving to 3,896 shares valued at $2.46 million. 1834 Investment Advisors Co. added 648 shares (a 1.8% rise) to hold 36,562 shares worth $22.39 million. Patten & Patten Inc. TN boosted its position by 23.7%, acquiring 4,093 shares for a total of 21,380 shares ($13.09 million). Winebrenner Capital Management LLC lifted its stake by 22.9% to 575 shares ($0.35 million), and Mendel Capital Management LLC added 794 shares (3.7%) to reach 22,056 shares ($13.51 million). In contrast, Cullen Frost Bankers Inc. trimmed its position by 1.6%, selling 834 shares to hold 51,459 shares valued at $31.51 million.