Dearborn Partners Buys New Position in Home Depot Stock
Dearborn Partners LLC has acquired a new position in The Home Depot, Inc. (NYSE:HD) stock during the second quarter of this year.
The institutional investor bought approximately 63,599 shares of HD's stock valued at about $22,430,000.
This is not an isolated event; other hedge funds have also increased their stakes in Home Depot. Brighton Jones LLC boosted its stake by 36.5% during the fourth quarter and now owns 26,918 shares worth around $10,471,000.