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Home Depot Attracts Major Investors Amid Housing Market Recovery

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Advisors Capital Management LLC made a significant investment in The Home Depot, Inc. (NYSE: HD) during the second quarter of this year.

The firm acquired 164,134 shares of the home improvement retailer's stock, valued at approximately $57.89 million.

This is not an isolated instance, as other institutional investors also modified their holdings in Home Depot during the same period.

Trillium Asset Management LLC bought a new position in Home Depot worth about $27.37 million, while PCM Encore LLC acquired a new stake valued at approximately $1.53 million.

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