BTC Capital Management Boosts Procter & Gamble Stake

BTC Capital Management Inc., a financial institution, has increased its stake in Procter & Gamble Company (The) by 11.7% in the second quarter, according to its latest Form 13F filing with the Securities and Exchange Commission.

The company now owns 115,947 shares of the consumer goods giant's stock after acquiring an additional 12,108 shares during the period.

This acquisition has made Procter & Gamble a significant holding in BTC Capital Management Inc.'s investment portfolio, accounting for approximately 1.0% of its assets and ranking as its 20th biggest position.