Pin Oak Investment Advisors Buys New Stake in Walmart
Pin Oak Investment Advisors Inc., a financial institution, acquired a new stake in Walmart Inc. (NASDAQ: WMT) during the second quarter.
The investment was valued at approximately $1,794,000 and consisted of 15,839 shares of Walmart's stock.
This is not an isolated instance, as other institutional investors have also been increasing or decreasing their stakes in Walmart.
According to the Securities & Exchange Commission, Entrust Financial LLC purchased a new stake in Walmart worth $27,000 in the fourth quarter, while Merkkuri Wealth Advisors LLC bought 29,000 shares of Walmart in the first quarter.