Stocks
Mmbg Investment Advisors CO. Takes New Stake in Salesforce
Mmbg Investment Advisors CO., an investment firm, has taken a new position in Salesforce Inc. (NYSE:CRM), according to its most recent Form 13F filing with the Securities and Exchange Commission.
The firm purchased approximately 39,720 shares of CRM's stock, valued at around $6,240,000 in the second quarter.
This is not an isolated instance; several other hedge funds and institutional investors have also added to or reduced their stakes in Salesforce during this period.