DA Davidson Increases Stake in IBM

D.A. Davidson & CO., an investment firm, has increased its stake in International Business Machines Corporation (NYSE:IBM) by 4.1% during the second quarter.

The company's holdings in IBM were worth $52,053,000 at the end of the most recent quarter, following the purchase of an additional 7,282 shares.

This is not the only instance of increased investment in IBM; other hedge funds and institutional investors have also boosted their positions during this period.