Deutsche Bank AG Cuts Stake in Merck & Co., Inc.
Deutsche Bank AG has sold 576,594 shares of Merck & Co., Inc. (NYSE:MRK), reducing its stake in the company by 4.6% in the second quarter.
The institutional investor now owns 11,964,180 shares of Merck's stock after selling off the mentioned amount during the quarter.
This change has impacted Deutsche Bank AG's position in Merck to about 0.48%, which is worth approximately $1,537,397,000 at the end of the most recent quarter.