Community Trust & Investment Company has significantly increased its stake in Community Trust Bancorp (CTBI), acquiring an additional 122,541 shares valued at approximately $7.45 million, according to an SEC filing from April 13, 2026. This move brings the fund’s total holdings in CTBI to over 2 million shares, which have appreciated by $15.74 million during the first quarter of 2026. CTBI now represents 6.89% of the fund’s assets under management.
This development is noteworthy as CTBI has outperformed the S&P 500 by 14.37 percentage points over the past year, with shares trading at $64.63, reflecting a 45.8% increase. The bank, which operates in Kentucky, West Virginia, and Tennessee, focuses on community banking and has a diversified product offering, making it a stable choice for investors.
For market professionals, the increase in CTBI holdings suggests confidence in the bank’s ongoing performance and dividend potential, particularly given its 3.21% yield. This could signal an opportunity for investors seeking reliable income-generating stocks in the regional banking sector.
Source: fool.com