Flputnam Pours $17.9M into Walmart Stock
Flputnam Investment Management Co., a financial institution, has increased its stake in Walmart Inc. (NASDAQ:WMT) by 68.5% during the second quarter, according to its latest SEC filing.
The company now owns 158,313 shares of Walmart's stock, valued at $17,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
This is not an isolated instance of increased investment in Walmart. Several other institutional investors have also boosted their holdings in WMT during the same period.