Angeles Wealth Management Doubles Down on Salesforce

Angeles Wealth Management LLC increased its stake in Salesforce Inc. (NYSE:CRM) by 40.9% in the second quarter, according to a recent filing with the Securities & Exchange Commission.

The institutional investor owned 7,510 shares of the CRM provider's stock after buying an additional 2,180 shares during the quarter.

Angeles Wealth Management LLC's holdings in Salesforce were worth $1.179 million at the end of the most recent quarter.

Meanwhile, other hedge funds and institutional investors have also modified their holdings of the stock.