Stocks
Birmingham Capital Management Invests $5.21 Million in IBM
Birmingham Capital Management Co. Inc. AL has invested $5.21 million in International Business Machines Corporation (IBM), purchasing 18,525 shares of the technology company's stock in the second quarter.
This investment makes up about 2.0% of Birmingham Capital Management Co. Inc. AL's portfolio and is its 13th biggest holding.
Other institutional investors have also bought shares of IBM, including BlackRock Inc., which acquired a new position valued at approximately $21.586 billion, and Bank of New York Mellon Corp, which purchased a new stake worth around $2.606 billion.