Bell Bank Bolsters Stake in Procter & Gamble
Bell Bank has significantly increased its stake in Procter & Gamble Company (NYSE:PG), raising its position by 149.4% during the second quarter, according to a recent filing with the SEC.
The institutional investor acquired an additional 43,565 shares of the company's stock, bringing its total holdings to 72,718 shares worth $10,663,000 as of its most recent filing.
This is not an isolated instance; several other large investors have also bought and sold shares of PG in the past few quarters. Norges Bank acquired a new stake in Procter & Gamble valued at approximately $4,664,783,000 in the fourth quarter.