Royal Fund Ups Microsoft Stake by 12%
Royal Fund Management LLC increased its stake in Microsoft Corporation (NASDAQ:MSFT) by 12.0% during the first quarter, according to a recent SEC disclosure.
The institutional investor now owns 42,300 shares of the software giant's stock after purchasing an additional 4,540 shares during the quarter.
Microsoft accounts for about 1.5% of Royal Fund Management LLC's investment portfolio, making it the company's 8th largest position, with a value of $15,689,000 at the end of the most recent reporting period.