Stocks
NVIDIA Shares Bought Up By NewEdge Advisors LLC
NVIDIA Corporation (NASDAQ:NVDA) saw its shares purchased by NewEdge Advisors LLC in the first quarter, according to recent disclosure with the Securities and Exchange Commission. The company lifted its stake by 3.1%, adding an additional 103,145 shares during the period.
NewEdge Advisors LLC now owns 3,427,577 shares of NVIDIA's stock, which makes up approximately 2.1% of its investment portfolio. This is a significant position for the firm, ranking as its second-largest holding in NVIDIA.
The total value of NewEdge Advisors LLC's holdings in NVIDIA was $592,253,000 as of its most recent SEC filing. Several other large investors have also made moves in the stock, with some increasing their stakes and others reducing them.