According to the most recent filing it made with the SEC, CapWealth Advisors LLC reduced its stake in Fifth Third Bancorp (NASDAQ: FITB) by 8.0% during the third quarter. Following the disposal of 4,732 holdings throughout the period in question, the fund had 54,125 shares of stock in the company, which provides financial services. The most recent disclosure that CapWealth Advisors LLC made with the SEC indicated that the value of the company’s holdings in Fifth Third Bancorp was $1,730,000. The company provided this information.
FITB has recently changed due to the involvement of various other institutional investors and hedge funds. During the third quarter, Clarius Group LLC made a 3.9% purchase of additional Fifth Third Bancorp stock, bringing the total percentage of that company’s shares it owned to 100%. Since the end of the preceding quarter, Clarius Group LLC has acquired an additional 376 shares, bringing its total ownership of shares in the financial services provider to 10,134, with a value of $324,000. This represents an increase of 376 shares from the previous quarter’s end. During the second quarter, the Teacher Retirement System of Texas was able to amass a 56.8 percent increase in the proportion of Fifth Third Bancorp stock owned by its system. The Teacher Retirement System of Texas now owns a total of 247,196 shares in the financial services provider, having purchased an additional 89,511 shares during the most recent quarter to bring its total number of shares to a total of 249.511. The value of these shares as of right now is $8,306,000 in total. The investment firm Janney Montgomery Scott LLC successfully added 22.3% more Fifth Third Bancorp shares to its portfolio over the second quarter. Janney Montgomery Scott LLC had acquired 120,611 stock held by the financial services provider as of the close of business during the most recent fiscal quarter. The value of these shares is $4,200,000. During the third quarter, HB Wealth Management LLC added 10.3% more Fifth Third Bancorp stock to its holdings, bringing the total percentage of the bank’s stock it owns to 83.3%. HB Wealth Management LLC now has 10,558 shares of the stock held by the financial services provider, which is currently valued at $337,000. This was achieved following the acquisition of 989 additional shares during the most recent quarter. In addition, Neuberger Berman Group LLC increased the size of its holdings in Fifth Third Bancorp by 7.2% during the first three months of the year. Neuberger Berman Group LLC now has a total of 1,471,097 shares of the company’s stock, thanks to t