Acumen Wealth Advisors Sells 92% of UNH Holdings
Acumen Wealth Advisors LLC has significantly reduced its holdings in UnitedHealth Group Incorporated (NYSE:UNH). According to recent disclosure, the institutional investor decreased its shares by 92.2% in the second quarter, selling a total of 10,373 shares.
The remaining 882 shares were valued at $367,000 as of the end of the most recent quarter. This sale marks a significant decrease in Acumen Wealth Advisors LLC's holdings in UnitedHealth Group, which was previously worth millions.
Other institutional investors have also made changes to their positions in UnitedHealth Group in the fourth quarter. Anfield Capital Management LLC acquired a new position in the company and increased its stake by 220%.