Principle Wealth Partners Dives into Boeing with Big Stake Purchase
Principle Wealth Partners LLC purchased a new stake in Boeing's stock during the second quarter. The fund bought 19,594 shares of BA valued at approximately $4,242,000.
This is not an isolated instance as many other hedge funds have recently modified their holdings of BA. Vanguard Group Inc. increased its position in Boeing by 5.1% during the fourth quarter and now owns 70,989,438 shares worth $15,413,227,000.
The Boeing Company has a one year low of $176.77 and a one year high of $254.35. The stock's 50 day simple moving average is $221.91 and its 200 day simple moving average is $222.66.