Stocks
NewEdge Advisors Sells Some UnitedHealth Group Holdings, Analysts Still Positive
NewEdge Advisors LLC trimmed its stake in UnitedHealth Group Incorporated (NYSE:UNH) by 25.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 83,019 shares of the healthcare conglomerate's stock after selling 28,917 shares during the period.
NewEdge Advisors LLC's holdings in UnitedHealth Group were worth $22,464,000 at the end of the most recent quarter.
CEO Patrick Hugh Conway sold 500 UNH shares for approximately $205,000, reducing his direct holdings by 2.94% on August 5th.