Merck & Co., Inc. Sees Boost in Stock Ownership by Donaldson Capital Management LLC

Merck & Co., Inc. (NYSE:MRK) saw an increase in its stock ownership by Donaldson Capital Management LLC during the second quarter, as reported in their most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased an additional 13,513 shares, bringing their total holdings to 798,673 shares of Merck & Co., Inc.'s stock. This represents a 1.7% increase from the previous quarter.

The value of Donaldson Capital Management LLC's holdings in Merck & Co., Inc. was $102,630,000 at the end of the most recent quarter. The company comprises about 2.9% of their portfolio, making it their 8th biggest position.

Other hedge funds have also made changes to their positions in Merck & Co., Inc. during the fourth quarter, including Kingdom Financial Group LLC, which purchased a new stake worth approximately $25,000, and High Note Wealth LLC, which increased its position by 58.9% and now owns 294 shares of the company's stock worth $31,000.