Merck Shareholder Van ECK Associates Cuts Stake by 23.6%
Van ECK Associates Corp has adjusted its stake in Merck & Co., Inc. (NYSE:MRK), reducing it by 23.6% during the second quarter, according to a recent SEC disclosure.
The institutional investor now owns 1,370,439 shares of the company's stock after selling 422,266 shares during the quarter.
This reduction means Van ECK Associates Corp owned approximately 0.06% of Merck & Co., Inc. worth $176,101,000 at the end of the most recent reporting period.