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RB Capital Buys into Walmart with $4.37M Investment

Guavy AI Editorial Team
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WMT
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RB Capital Management LLC has invested in Walmart Inc. (NASDAQ: WMT) by buying 38,569 shares of the company's stock in the second quarter, according to its latest SEC filing.

The institutional investor purchased the shares for approximately $4,368,000, making it Walmart's 28th largest holding in RB Capital Management LLC's portfolio, which accounts for 0.9% of the firm's holdings.

This is not an isolated move; other hedge funds and institutional investors have also made changes to their positions in WMT.

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