Ameritas Boosts Stake in Merck & Co., Inc. by 48.8%

Ameritas Advisory Services LLC increased its stake in Merck & Co., Inc. (NYSE:MRK) by 48.8% during the second quarter, according to a recent filing with the Securities & Exchange Commission.

The fund owned 29,071 shares of the company's stock after acquiring an additional 9,540 shares during the period. At the end of the most recent quarter, Ameritas Advisory Services LLC's holdings in Merck & Co., Inc. were worth $3,736,000.

A number of other hedge funds and institutional investors also recently bought or sold shares of MRK. These include Round Rock Advisors LLC, Cascade Financial Partners LLC, Somerset Trust Co, Stonebridge Financial Group LLC, and Stronghold Wealth Management L.L.C.,