Bridgewater Advisors Boosts Stake in Walmart by 65.8%
Bridgewater Advisors Inc., a well-established investment firm, has increased its position in Walmart Inc. (NASDAQ: WMT) by 65.8% during the second quarter.
The fund now owns 38,961 shares of Walmart's stock, valued at $4,313,000 as per its most recent Form 13F filing with the SEC.
This is not an isolated instance, as several other hedge funds and institutional investors have also bought into Walmart in the second quarter.