$24.56 Million Bet on Walmart: Trajan Wealth LLC Invests Heavily
Trajan Wealth LLC has invested $24.56 million in Walmart Inc. (NASDAQ:WMT) by buying 216,885 shares of its stock, according to its most recent Form 13F filing with the Securities & Exchange Commission.
This investment is not an isolated instance, as several other hedge funds have also recently made changes to their positions in Walmart's stock.
The retailer has reported continued momentum beyond traditional store sales, with revenue reaching approximately $187.9 billion in its fiscal second-quarter results.