NBH Bank Takes Position in Merck & Co., Inc.
NBH Bank has acquired a new position in shares of Merck & Co., Inc. (NYSE:MRK) in the second quarter, according to the company's most recent Form 13F filing with the SEC.
The fund purchased 10,243 shares of the company's stock, valued at approximately $1,316,000.
This is not an isolated instance, as other institutional investors and hedge funds have also modified their holdings of Merck & Co., Inc. in recent quarters.
In fact, a significant portion of the company's shares are now owned by institutional investors, with 76.07% of the stock held by these entities.