Diversified Trust Co. Boosts Stake in NVIDIA Corporation Amid Acquisition Buzz

Diversified Trust Co., an institutional investor, increased its stake in NVIDIA Corporation (NVDA) by 2.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission.

The company now owns 684,621 shares of NVDA's stock, which is worth $136,986,000 as of its most recent SEC filing. This represents 2.2% of Diversified Trust Co.'s holdings, making it the company's 12th largest position.

NVIDIA has been in the news lately due to its acquisition of Hugging Face's open-source platform, which hosts millions of models, applications and datasets used by more than 18 million developers. This deal is expected to deepen CUDA adoption and strengthen NVIDIA's software moat.