IBM Stake Boosted by Reynders McVeigh Capital Management LLC
Reynders McVeigh Capital Management LLC has increased its stake in International Business Machines Corporation (NYSE:IBM) by 5.2% in the second quarter, according to a recent filing with the Securities & Exchange Commission.
The institutional investor now owns 150,929 shares of IBM's stock after buying an additional 7,403 shares during the period.
International Business Machines accounts for 1.7% of Reynders McVeigh Capital Management LLC's portfolio, making it their 17th biggest holding.