Benjamin Edwards Boosts Stake in IBM

Benjamin Edwards Inc., a financial firm, has increased its stake in International Business Machines Corporation (IBM) by 40.2% during the second quarter.

The company purchased an additional 31,736 shares of IBM's stock, bringing its total holdings to 110,766 shares worth $31,153,000 at the end of the reporting period.

This is not an isolated instance; several other institutional investors and hedge funds have also modified their holdings in IBM during recent quarters.