Flagship Wealth Advisors Cuts Stake in NVDA Amid Institutional Buying
NVIDIA Corporation (NVDA) is a key holding for Flagship Wealth Advisors LLC. The firm's most recent Form 13F filing with the Securities and Exchange Commission revealed that it cut its stake in NVIDIA by 8.5% during the first quarter.
This reduction left the fund with 35,708 shares of the computer hardware maker's stock. As a result, NVIDIA comprises about 2.6% of Flagship Wealth Advisors LLC's investment portfolio, making the stock its 9th largest position.
The holdings in NVIDIA were valued at $6,227,000 as of the most recent filing with the SEC. Other institutional investors have also made significant changes to their stakes in the company during the fourth quarter and first quarter.