Stocks
Procter & Gamble Shareholder Cuts Stake by 31.6%
The Manufacturers Life Insurance Company recently reduced its stake in Procter & Gamble (NYSE: PG) by 31.6% in the second quarter, according to a Form 13F filing with the Securities and Exchange Commission.
The fund owned approximately 1.34 million shares of the company's stock after selling 619,000 shares during the period.
The Manufacturers Life Insurance Company held about 0.06% of Procter & Gamble worth $196.7 million as of its most recent SEC filing.