North Star Asset Management Invests $1.80 Million in Walmart
North Star Asset Management Inc., a financial institution, has invested $1.80 million in Walmart Inc. (NASDAQ: WMT) by purchasing 15,926 shares of its stock in the second quarter.
This investment is part of a larger trend, with State Street Corp growing its stake in Walmart by 1.2% in the third quarter and Geode Capital Management LLC increasing its holdings by 6.8% during the fourth quarter.
The institutional ownership of Walmart's stock currently stands at 26.76%, with several other hedge funds also making changes to their positions in the company.