LaSalle St. Invests $1.60M in Walmart Amid Ongoing Retail Shakeups
LaSalle St. Investment Advisors LLC has purchased a new stake in Walmart Inc. (NASDAQ:WMT) worth approximately $1,597,000, according to its most recent 13F filing with the Securities and Exchange Commission.
The fund acquired 14,096 shares of the retailer's stock during the second quarter, marking its entry into the market.
LaSalle St. Investment Advisors is not the only investor buying into Walmart; several other large investors have also been increasing their stakes in the company.