Hilltop National Bank Cuts Stake in Amgen by 58.3%

Hilltop National Bank has reduced its stake in Amgen Inc. (NASDAQ:AMGN) by 58.3% during the second quarter, according to a recent SEC filing.

The bank sold 3,993 shares of Amgen's stock during the quarter, resulting in a holding value of $1.04 million as of its most recent filing with the SEC.

This move is part of a broader trend among institutional investors and hedge funds, which have made changes to their positions in Amgen during the fourth quarter.

Norges Bank acquired a new stake in shares of Amgen worth approximately $2.16 billion during the same period.