Corda Investment Management Buys New Position in Procter & Gamble Company (The)
Corda Investment Management LLC has bought a new position in shares of Procter & Gamble Company (The) (NYSE:PG) during the second quarter. According to its most recent 13F filing with the Securities and Exchange Commission, Corda purchased 248,544 shares of the company's stock, valued at approximately $36,446,000.
This acquisition accounts for 2.2% of Corda Investment Management LLC.'s holdings, making Procter & Gamble its 20th biggest holding. The institutional investor's stake in Procter & Gamble has increased as other hedge funds and institutional investors have also modified their positions in the company.