Nykredit A S Invests $92 Million in Merck & Co., Inc.

Nykredit A S has invested $92.32 million in Merck & Co., Inc.

The Danish pension fund purchased 718,471 shares of Merck's stock during the second quarter, as revealed in its most recent 13F filing with the Securities and Exchange Commission.

This is not an isolated investment; several other institutional investors have also added to or reduced their stakes in MRK. BlackRock Inc., for example, lifted its position by 0.5% during the second quarter, buying an additional 1,073,507 shares.

Nykredit A S's investment represents a significant addition to Merck's shareholder base, which is comprised of institutional investors and hedge funds holding around 76.07% of the company's stock.