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IBM Stakes Rise as Institutional Investors Boost Holdings

Guavy AI Editorial Team
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IBM
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Milestone Asset Management LLC increased its stake in International Business Machines Corporation by 36.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.

The firm owned 11,240 shares of IBM's stock after purchasing an additional 3,029 shares during the period. Milestone Asset Management LLC's holdings in International Business Machines were worth $3,161,000 as of its most recent SEC filing.

This is just one example of institutional investors adding to their stakes in IBM. Other firms, such as Basepoint Wealth LLC and Portus Wealth Advisors LLC, have also purchased new positions in the company.

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