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Midwest Trust Co Cuts Walmart Stake

Guavy AI Editorial Team
Instruments
WMT
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Midwest Trust Co has made adjustments to its holdings in Walmart Inc. (NASDAQ:WMT), according to a recent SEC filing.

The company decreased its position in WMT by 1.5% during the second quarter, selling 12,536 shares for a total value of $91,353,000 at the end of the period.

At the time, Walmart comprised approximately 1.0% of Midwest Trust Co's portfolio and was the company's 22nd biggest holding.

This move is part of a larger trend in which several other hedge funds have also adjusted their positions in WMT. Vanguard Group Inc., for instance, raised its stake by 1.0% during the fourth quarter, purchasing an additional 4,304,436 shares.

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