Stocks
Coastal Bridge Advisors Takes $2.11 Million Position in Salesforce Inc.
Coastal Bridge Advisors LLC has taken a significant position in Salesforce Inc. (NYSE:CRM) by acquiring 13,476 shares worth approximately $2.11 million in the second quarter.
This is not an isolated move as other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC increased its holdings in Salesforce by 13.7% during the fourth quarter, while Revolve Wealth Partners LLC and Bison Wealth LLC lifted their holdings in the CRM provider's stock by 12.6% and 9.0%, respectively.
United Bank grew its holdings in shares of Salesforce by 5.2% during the second quarter. Institutional investors own a significant portion of the stock, with 80.43% currently held by them.