Nan Shan Life Insurance Boosts Procter & Gamble Stake by 69%

Nan Shan Life Insurance Co. Ltd., a major investor in the consumer goods industry, has significantly increased its stake in Procter & Gamble Company (NYSE:PG).

In the second quarter, Nan Shan acquired an additional 119,342 shares of PG stock, growing its holdings by 69.1%. The company now owns 292,168 shares of PG, which represents about 1.4% of its total portfolio.

This substantial increase in Nan Shan's stake in Procter & Gamble has made it the company's 28th largest holding.