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Rathbones Group Doubles Down on Procter & Gamble with $223M Bet

Guavy AI Editorial Team
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PG
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Rathbones Group PLC has increased its stake in Procter & Gamble Company (The) by 3.1% in the first quarter, according to a recent filing with the Securities & Exchange Commission.

The firm purchased an additional 46,631 shares of PG's stock during this period, bringing its total holdings to 1,546,258 shares. This represents approximately 0.9% of Rathbones Group PLC's investment portfolio and makes Procter & Gamble its 29th biggest position.

The value of these holdings is around $223 million as of the company's most recent SEC filing.

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