First National Bank of Omaha Boosts Merck & Co., Inc. Stake by 7%

First National Bank of Omaha has increased its stake in Merck & Co., Inc. (NYSE:MRK) by 7% in the second quarter, according to a recent filing with the Securities and Exchange Commission.

The bank's holdings in Merck are now worth $15.88 million, up from the previous quarter.

First National Bank of Omaha purchased an additional 8,026 shares during this period, bringing its total holdings to 123,043 shares.

This is not an isolated instance of institutional investors buying into Merck & Co., Inc.

Other notable investors, including BlackRock Inc. and State Street Corp, have also increased their stakes in the company in recent quarters.