Bellars Harris Wealth Management Invests $13.26 Million in Cisco Systems

Bellars Harris Wealth Management LLC has invested $13.26 million in Cisco Systems, Inc.

The fund purchased 112,851 shares of CSCO's stock, which comprises approximately 2.7% of its investment portfolio and makes it the company's third-largest holding.

This is not an isolated instance, as several other institutional investors have also increased their stakes in Cisco Systems during the second quarter.

Cisco Systems has been experiencing significant growth, with a 17.6% increase in quarterly revenue compared to the same period last year.