First Bank & Trust
First Bank & Trust Company is a diversified financial services firm headquartered in Abingdon, Virginia. Founded in 1979, it operates as a growing community bank with 21 full-service branches and 4 loan production offices across southwest Virginia and surrounding regions. The bank offers a suite of personal and business banking services and solutions, with a focus on customer service. Its institutional investment management arm files regular SEC 13F reports and services a broad base of individual and business clients. First Bank & Trust Company employs a team of friendly, experienced professionals dedicated to helping clients navigate their financial lives.
Investment Strategy
First Bank & Trust's investment strategy is oriented around prudent institutional asset management, as evidenced by its diversified portfolio across 233 holdings. The bank focuses on serving its depositors and clients by managing a mix of equities and fixed income securities for risk-adjusted returns. As a community financial institution, it leverages local market knowledge and conservative risk management while seeking to deliver stable value and long-term wealth preservation for its clients.
Top Holdings
Equity Positions (256)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VTI | Van Ttl Stk Mkt | 11.76% | $69.9M | 212,908 | $193.90 | $328.17 | +$4.5M |
V VEA | Vanguard FTSE Dev | 8.01% | $47.6M | 794,444 | $46.89 | $59.92 | -$567.5K |
A AGG | iShares Core | 5.10% | $30.3M | 302,124 | $103.20 | $100.25 | +$1.1M |
V VWO | Vanguard FTSE Emg | 3.80% | $22.6M | 417,016 | $44.62 | $54.18 | +$92.3K |
V VOO | Vanguard Index Fd Et | 3.60% | $21.4M | 34,914 | $422.13 | $612.38 | -$3.2M |