NVIDIA Shareholder Sells Stakes Amid Buyback and Dividend Announcement
NVIDIA Corporation (NASDAQ:NVDA) saw its shares sold by Covestor Ltd, which lessened its position in the company's stock by 21.5% during the second quarter. According to a recent 13F filing with the SEC, Covestor Ltd owned 10,323 shares of NVIDIA's stock after selling 2,832 shares during the quarter.
The firm's holdings in NVIDIA were worth $2,065,000 at the end of the most recent quarter, making it approximately 1.2% of Covestor Ltd's portfolio and its sixth-largest position.
Other large investors have also recently added to or reduced their stakes in NVIDIA. For instance, Lifetime Wealth Management P.C. purchased a new stake in NVIDIA in the fourth quarter valued at $26,000.