Swiss National Bank Boosts GoDaddy Holdings

The Swiss National Bank (SNB) has increased its holdings in GoDaddy Inc. ($GDDY), purchasing an additional 17,100 shares in the first quarter.

This brings the SNB's total stake to 396,500 shares, which accounts for 0.30% of GoDaddy's outstanding stock and is valued at $32,779,000 as of its most recent SEC filing.

The company has a market capitalization of $11.62 billion and a price-to-earnings ratio of 13.89, with the stock currently trading at $87.76.