Stocks
Home Depot Gains Institutional Support as Bridgewater Advisors Buys In
Bridgewater Advisors Inc., a institutional investor, has acquired a new stake in The Home Depot, Inc. (NYSE:HD) during the second quarter of this year.
The company bought 7,362 shares of the home improvement retailer's stock, valued at approximately $2,503,000, according to its most recent 13F filing with the SEC.
This is not an isolated instance of investment in Home Depot. Several other large investors have also modified their holdings of the company during the same quarter.