American Financial & Tax Strategies Inc. Buys New Stake in Cisco Systems

American Financial & Tax Strategies Inc., an institutional investor, acquired a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

The company bought 15,381 shares of the network equipment provider's stock, valued at approximately $1,807,000, making up 0.8% of American Financial & Tax Strategies Inc.'s investment portfolio and its 20th biggest holding.

Other hedge funds have also recently bought and sold shares of Cisco Systems. MidAtlantic Capital Management Inc., Intesa Sanpaolo Wealth Management, Networth Advisors LLC, Manning & Napier Advisors LLC, and Financial Life Planners all acquired new positions or increased their holdings in the company during various quarters.