Flputnam Sells 17,053 Shares of Procter & Gamble Company
Flputnam Investment Management Co., an institutional investor, decreased its stake in Procter & Gamble Company (The) by selling 17,053 shares during the second quarter. The company now owns 86,757 shares of PG stock after this reduction, representing a 16.4% decrease from its previous holdings.
The value of Flputnam's holdings in Procter & Gamble was $12,722,000 as of its most recent SEC filing. This is not an isolated instance, as other institutional investors have also made changes to their positions in PG during the second quarter.
New Mexico Educational Retirement Board raised its stake by 7.5% during the same period, acquiring an additional 8,100 shares and increasing its holdings to 115,568 shares worth $16,947,000. Royal London Asset Management Ltd. also increased its stake by 2.2%, buying an extra 36,195 shares and expanding its holdings to 1,713,412 shares valued at $251,255,000.