Home Depot Stake Boosted by Royal London Asset Management

According to a recent filing with the Securities and Exchange Commission (SEC), Royal London Asset Management Ltd. has increased its stake in The Home Depot, Inc. (NYSE:HD) by purchasing an additional 4,190 shares in the second quarter.

The institutional investor now owns approximately 810,136 shares of Home Depot's stock, valued at $285,719,000, representing a 0.08% ownership stake in the company.

This acquisition is part of a larger trend, with several other large investors increasing their positions in Home Depot during the same period.

State Street Corp, for example, raised its position by 1.8%, while Geode Capital Management LLC boosted its stake by 1.5%.