Washington Trust Bank Portfolio Update: Key Purchases and Sales in Q2 2026
Washington Trust Bank's portfolio saw significant changes as of June 30, 2026. The institution notably increased its holdings in Dimensional ETFs while exiting some positions.
As reported by Insiderset for the period ending June 30, 2026, Washington Trust Bank has made several notable adjustments to its investment portfolio.
The bank demonstrated a clear preference for exchange-traded funds (ETFs), particularly those from Dimensional Fund Advisors. This quarter saw substantial purchases in specific Dimensional ETFs: DFAE and DFAS experienced increases of approximately 3.5% (-91,922 shares) and 2.2% (-25,481 shares), respectively.
Furthermore, Washington Trust Bank initiated new positions with several other Dimensional offerings during this period:
- EFA, the iShares TR Emerging Market Index ETF (+77.04%), adding a significant emerging market allocation.
- AMD, Advanced Micro Devices Inc., saw an increase of over three times its previous quarter's holdings (+326.55%).
- New additions included UCON (First TR Exchange Traded Fund VI - Utilities), VTIP (Vanguard MALVERN FDs - Utilities/Income), and PLTR (Palantir Technologies Inc.).
- The bank also increased its stake in JMUB, ISTB, VOA, BND, and DIS.
Conversely, the institution reduced or exited positions in several stocks:
- AAPL, Apple Inc., experienced a nearly 15% reduction (-38,574 shares).
- NVDA, NVIDIA Corporation, saw a significant decrease of almost 20% (-57,146 shares).
- Sales were also noted in AVGO (Broadcom Inc.), VWO (likely Vanguard Emerging Markets ETF), and VEA (Vanguard Emerging Market Stock ETF). The bank exited positions in ABT (Abbott Laboratories) and potentially others not listed but indicated by the filing.
These changes reflect a strategic rebalancing. While reducing exposure to some large-cap tech stocks like AAPL and NVDA, the bank simultaneously increased its position in Dimensional ETFs, particularly those focused on emerging markets (EFA) and significantly boosted its stake in AMD, suggesting a tilt towards growth sectors.
Washington Trust Bank's portfolio now includes 205 holdings, with the top five positions accounting for approximately 28.14% of its total value as of June 30, 2026. The allocation across sectors shows movement from previous quarters, particularly in favor of Technology and Emerging Market stocks.
For detailed information on Washington Trust Bank's holdings and performance, visit Washington Trust Bank. You can explore specific stock details by visiting the respective company pages linked via their symbols.