Edgestream Partners Boosts Stake in Amgen Amid Institutional Investor Shakeup
Edgestream Partners L.P., an investment firm, has increased its stake in Amgen Inc. by 169.9% in the first quarter, according to a recent SEC filing.
The firm now owns 8,376 shares of Amgen's stock, valued at $2,947,000.
This is not an isolated incident, as other institutional investors have also made significant changes to their holdings of AMGN.
For example, Dogwood Wealth Management LLC boosted its holdings in Amgen by 275.0% in the fourth quarter and now owns 75 shares valued at $25,000.