Rathbones Group PLC Boosts Stake in PayPal Holdings, Inc.
Rathbones Group PLC increased its stake in PayPal Holdings, Inc. by 32.7% during the first quarter, according to a recent SEC filing.
The company purchased an additional 86,477 shares of PayPal stock, bringing its total holdings to 350,802 shares valued at $15,867,000.
This is not the only institutional investor that has increased its stake in PayPal recently. Vanguard Group Inc. boosted its position by 6.5% in the fourth quarter and Swiss National Bank increased its stake by 4.9% during the same period.