Sanders Capital Reduces $378K in ING Groep N.V. ($ING)
Key Points
- Sanders Capital changed its ING Groep N.V. ($ING) stake by 9.7% last quarter, cutting to 115,885 shares worth $3.50 million.
- $ING last traded around $30.21.
Sanders Capital trimmed its position in ING Groep N.V. ($ING) by 9.7% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 115,885 shares of ING Groep N.V. after selling 12,500 shares during the quarter. Sanders Capital's holdings in ING Groep N.V. were worth $3.50 million as of its most recent filing.
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About ING Groep N.V.
ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. The company operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. It accepts current and savings accounts; and time deposits. The company also offers business lending products; SME loans; consumer lending products, such as residential mortgage loans and other consumer lending loans; and mortgages. In addition, it provides working capital solutions; debt and equity market solutions; various loans; payments; and cash management, trade and corporate finance, and treasury services, as well as savings, investment, insurance, and digital banking services. The company serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.
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