Allworth Financial Cuts Stake in Merck & Co.

According to its latest 13F filing with the SEC, Allworth Financial LP decreased its holdings in Merck & Co., Inc. by 20.7% in the second quarter.

The institutional investor owned 208,546 shares of the company's stock after selling 54,355 shares during the period.

Allworth Financial LP's holdings in Merck & Co., Inc. were worth $26,798,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business.