Manufacturers Life Boosts Stake in Visa
The Manufacturers Life Insurance Company has increased its holdings in Visa Inc. (NYSE:V) by 23.5% during the second quarter, according to its most recent Form 13F filing with the SEC.
The institutional investor now owns 2,343,195 shares of the credit-card processor's stock after acquiring an additional 445,775 shares during the quarter.
Visa accounts for approximately 0.6% of The Manufacturers Life Insurance Company's holdings, making the stock its 29th biggest holding.