Stocks
Oppenheimer Cuts Stake in UnitedHealth Group
Oppenheimer & Co. Inc., an investment firm, has reduced its position in UnitedHealth Group Incorporated (NYSE:UNH) by 8% in the second quarter.
The firm sold 2,570 shares of the healthcare conglomerate's stock, resulting in a holding value of $12,262,000 at the end of the most recent quarter.
This is not an isolated action, as several other institutional investors have also adjusted their stakes in UnitedHealth Group over the past few quarters.