Morningstar Boosts Microsoft Stake to Over $53 Million
Morningstar Investment Management LLC boosted its stake in Microsoft Corporation by 28.1% during the first quarter, according to the company's recent Form 13F filing with the SEC. The firm owned 144,303 shares of the software giant's stock after purchasing an additional 31,622 shares.
Morningstar Investment Management LLC's holdings in Microsoft were worth $53,417,000 as of its most recent SEC filing. This represents about 3.3% of the company's total holdings and makes it their second-largest holding.
Other institutional investors also increased their stakes in Microsoft during the quarter. Longfellow Investment Management Co. LLC boosted its position by 51.3%, while Bernzott Capital Advisors acquired a new position worth approximately $34,000.