Munich Reinsurance Boosts Stake in Merck & Co., Inc.

Munich Reinsurance Co Stock Corp in Munich has significantly increased its stake in Merck & Co., Inc. ($MRK), with a purchase of an additional 285,599 shares during the second quarter.

This increase represents a 37.9% growth in their holding and makes Merck & Co., Inc. the company's 4th biggest position, accounting for approximately 2.9% of Munich Reinsurance Co Stock Corp in Munich's portfolio.

The total value of their stake in Merck & Co., Inc. was $133,413,000 as of the most recent filing with the Securities and Exchange Commission.

This purchase is part of a larger trend of significant investment in Merck & Co., Inc. shares by various large investors during the fourth quarter.