Allworth Financial LP Invests $38.5 Million in Walmart Inc.
Allworth Financial LP has invested in Walmart Inc. (NASDAQ:WMT), purchasing 340,091 shares of the retailer's stock during the second quarter.
The investment is valued at approximately $38,519,000 and marks a new stake for Allworth Financial LP in Walmart Inc.
In addition to this purchase, other institutional investors have also modified their holdings of Walmart Inc. MFA Wealth Services, for example, increased its stake by 0.7% in the first quarter, while Realta Investment Advisors boosted its position by 2.0% during the same period.