Microsoft Stock Holdings Trimmed by Cedar Mountain Advisors LLC
Cedar Mountain Advisors LLC recently reduced its stake in Microsoft Corporation (NASDAQ:MSFT) by selling 1,546 shares in the second quarter. The institutional investor now owns 2,759 shares of the software giant's stock after trimming its holdings.
The sale resulted in a loss of $1,029,000 for Cedar Mountain Advisors LLC, as the value of their holdings in Microsoft is now worth $1,029,000 at the end of the most recent quarter. This represents a decrease of 35.9% from the previous quarter.
Other institutional investors have also made significant changes to their positions in Microsoft's stock. WFA Asset Management Corp increased its stake by 27.0% during the first quarter, while Ironwood Wealth Management LLC lifted its position by 0.3% in the second quarter.