Stocks
Deutsche Bank Sells UnitedHealth Group Stock, Still Holds Significant Stake
Deutsche Bank AG sold some of its UnitedHealth Group Incorporated stock in the second quarter, but still holds a significant stake in the company. According to a recent Form 13F filing with the Securities and Exchange Commission (SEC), Deutsche Bank AG reduced its holdings in shares of UnitedHealth Group by 5% during the period.
The institutional investor owned approximately 2.4 million shares of the healthcare conglomerate's stock after selling 128,000 shares during the second quarter. This represents about 0.27% of UnitedHealth Group's outstanding shares and a market value of $1 billion.