Czech National Bank Boosts Stake in American Express

The Czech National Bank (CNB) has increased its stake in American Express Company ($AXP) by purchasing an additional 5,632 shares during the second quarter. According to the bank's most recent Form 13F filing with the SEC, it now owns 151,489 shares of AXP stock, valued at $51,241,000.

The CNB's holding in AXP represents a 3.9% increase from its previous position. This is not an isolated case; several other institutional investors have also added to or reduced their stakes in the company during the same period.