uploads///ETF Holdings in BBT

Must-Know: Investing in BB&T through ETFs


Nov. 20 2020, Updated 12:33 p.m. ET

Financial Sector ETFs hold BB&T

Key financial sector ETFs hold BB&T (BBT) stock. BB&T forms ~0.92% of the Financial Select Sector SPDR ETF (XLF) portfolio. XLF holds a broad selection of financial companies from industries including diversified financial services, insurance, commercial banks, capital markets, real estate investment trusts, thrift and mortgage finance, consumer finance, and real estate management and development.

XLF has total net assets of around $21 billion. It has an expense ratio of 0.15%. BB&T gets a lower representation in XLF, compared to bigger banks, based on its lower market capitalization. The above graph shows some of the key ETFs’ holdings in BB&T stock.

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Banking sector ETFs

BB&T is more widely represented in ETFs focused on the banking sector. The SPDR S&P Bank ETF (KBE) has BB&T comprising ~1.6% of its portfolio. KBE invests in national and regional US banks. It has a diversified portfolio. The biggest holding represents ~1.8% of the portfolio. It has total assets of ~$2.5 billion. It has a gross expense ratio of 0.35%.

BB&T represents ~1.4% of the SPDR S&P Regional Banking ETF (KRE). KRE invests in regional banks. It has total net assets of ~$1.8 billion. It has a gross expense ratio of 0.35%. Like KBE, it has a well-diversified portfolio, with biggest holding representing just ~1.6% of the portfolio. Together, SunTrust Bank (STI), Regions Financial (RF), and BB&T form ~4.1% of KRE.

BB&T forms around 7% of the iShares US Regional Banks ETF (IAT).

Other ETFs holding BB&T

The iShares US Financial Services (IYG), the Guggenheim S&P 500 Equal Weight Financials ETF (RYF), and the Vanguard Financials ETF (VFH) are the other financial ETFs holding BB&T stock.

For the latest updates on this sector, please visit Market Realist’s Financials page.


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