NVIDIA's Institutional Investor Base Continues to Shift

NVIDIA Corporation (NASDAQ:NVDA) has been a significant holding for Argent Capital Management LLC, making up around 6.3% of its investment portfolio. In the first quarter, the company lessened its position in NVIDIA shares by 7.6%, selling off 94,827 shares and reducing its holdings to 1,153,010 shares.

The value of Argent Capital Management LLC's NVIDIA holdings stood at approximately $201 million as of the end of the most recent reporting period.

Other institutional investors have also made significant changes to their NVIDIA holdings. State Street Corp increased its position in NVIDIA by 1.2% during the fourth quarter, while Geode Capital Management LLC grew its holdings by 0.6%. Norges Bank purchased a new position in NVIDIA shares worth around $62 billion.

NVIDIA recently announced a quarterly dividend of $0.25 per share, paid on June 26th to shareholders of record on June 4th. The company's Board of Directors has also approved a stock repurchase program authorizing the purchase of up to $80 billion in shares.