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Home Depot Share Price Boosted by Merit Financial's Increased Stake

Guavy AI Editorial Team
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HD
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Merit Financial Group LLC has increased its stake in Home Depot (HD) by 24.1% during the second quarter, according to a recent 13F filing with the Securities and Exchange Commission.

The fund acquired an additional 19,584 shares of the home improvement retailer's stock, bringing its total holdings to 100,902 shares worth $35.586 million at the end of the reporting period.

This is not an isolated instance, as a number of other large investors have also made changes to their positions in Home Depot during the fourth quarter.

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