GUARDCAP ASSET MANAGEMENT Cuts Stake in UnitedHealth Group
GUARDCAP ASSET MANAGEMENT Ltd reduced its stake in UnitedHealth Group Incorporated (NYSE:UNH) by 16.5% during the 2nd quarter, according to a recent disclosure with the Securities and Exchange Commission.
The fund owned 388,415 shares of the healthcare conglomerate's stock after selling 76,746 shares during the period.
UnitedHealth Group accounts for approximately 11.4% of GUARDCAP ASSET MANAGEMENT Ltd's investment portfolio, making the stock its 2nd biggest position.
The company's holdings in UnitedHealth Group were worth $159,856,000 as of its most recent SEC filing.
UnitedHealth Group has seen a number of institutional investors and hedge funds buy and sell shares of the stock. Norges Bank acquired a new stake in UnitedHealth Group during the fourth quarter worth approximately $4,376,167,000.