Stocks
Merck Shareholder Hohimer Wealth Management Cuts Stake by 69.2%
Hohimer Wealth Management LLC, an institutional investor, reduced its stake in Merck & Co., Inc. by 69.2% during the second quarter, according to a recent SEC filing.
The company now owns 9,295 shares of Merck's stock after selling 20,925 shares during the quarter.
As of the end of the most recent quarter, Hohimer Wealth Management LLC's holdings in Merck & Co., Inc. were valued at $1,194,000.
This is not an isolated instance; other large investors have also been buying and selling shares of Merck & Co., Inc.