Baird Financial Group Sells 98,410 Shares of Merck & Co., Inc.
The Baird Financial Group Inc. has reduced its stake in Merck & Co., Inc. by selling 98,410 shares during the second quarter, according to its most recent SEC filing.
This decrease represents an 8.5% reduction in their holdings, leaving them with 1,064,683 shares of the company's stock, valued at $136,812,000.
Among other large investors, Round Rock Advisors LLC increased its stake in Merck & Co., Inc. by 0.7%, while Cascade Financial Partners LLC boosted its position by 0.5% during the second quarter.