Boeing Share Sales Continue as Institutional Investors Weigh In
NewEdge Advisors LLC recently sold 34,847 shares of The Boeing Company (NYSE:BA), decreasing its position by 10.6% in the first quarter.
The fund owned 294,971 shares after the sale, valued at $587,000 as of its most recent filing with the Securities & Exchange Commission.
This is not an isolated incident; several other institutional investors have been buying and selling Boeing shares in recent quarters.
Vanguard Group Inc. boosted its position by 5.1% in the fourth quarter, while Alyeska Investment Group L.P. increased its stake by 245.7%