BlackRock Boosts Stake in UnitedHealth Group to Over 8%
BlackRock Inc., a prominent institutional investor, has increased its stake in UnitedHealth Group Incorporated (NYSE:UNH) by 4.6% in the second quarter.
The company now owns 76,863,061 shares of UnitedHealth's stock after buying an additional 3,395,530 shares during the period.
This represents 8.46% of UnitedHealth Group's total outstanding shares and is valued at $31,946,594,000 as of the end of the second quarter.
UnitedHealth's stock has been performing well lately, with a one year high of $461.62 and a one year low of $255.96.