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AMG National Trust Bank Cuts Stake in Amgen Inc.

Guavy AI Editorial Team
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AMGN
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AMG National Trust Bank has reduced its stake in Amgen Inc. (NASDAQ: AMGN) by 24.4% during the second quarter, according to a recent filing with the Securities and Exchange Commission (SEC).

The firm owned 9,854 shares of Amgen's stock after selling 3,180 shares during the period. These holdings in Amgen were worth $3.57 million at the end of the most recent reporting period.

AMG National Trust Bank is not alone in its investment decisions regarding Amgen; several other hedge funds and institutional investors have also recently added to or reduced their stakes in AMGN.

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