Home Depot Gets Boost from Investor's Fiduciary Advisor Network
Investor's Fiduciary Advisor Network LLC purchased approximately $1.17 million worth of shares in The Home Depot, Inc. (NYSE:HD) during the second quarter.
The company bought 3,317 new shares, as disclosed in its most recent 13F filing with the Securities and Exchange Commission (SEC).
This is not the only institutional investment in Home Depot; several other firms have also recently acquired or increased their stakes in the retailer.
These investments come as The Home Depot posts record sales growth amid CEO Ted Decker's temporary medical leave, creating uncertainty around leadership.