Swiss National Bank Boosts Stake in Viper Energy Inc.
The Swiss National Bank has increased its stake in Viper Energy Inc., purchasing an additional 41,300 shares of the oil and gas producer during the first quarter. This represents a 12.4% increase in the bank's holdings, which now total 375,116 shares.
The value of these shares is approximately $17.6 million, accounting for about 0.10% of Viper Energy's outstanding stock.
This move by the Swiss National Bank is part of a larger trend of institutional investors increasing their stakes in the company.