Procter & Gamble Holdings Cut by Howland Capital Management LLC

Howland Capital Management LLC reduced its holdings in Procter & Gamble Company (The) (NYSE:PG) by 6.4% during the second quarter, according to a recent filing with the Securities and Exchange Commission.

The fund owned 125,547 shares of the company's stock after selling 8,635 shares during the period. Its holdings in Procter & Gamble were worth $18,410,000 at the end of the most recent quarter.

Several other large investors have also made changes to their stakes in the company. Carson Advisory Inc., for example, increased its holdings by 0.5% in the fourth quarter and now owns 12,124 shares of the company's stock worth $1,738,000 after purchasing an additional 65 shares.

Procter & Gamble has been highlighted as a Dividend King with a long record of reliable and growing payouts. Coverage suggests that an investment of roughly $17,000 could generate more than $500 in annual dividends.