Sequoia Financial Advisors Boosts Holdings in International Business Machines Corporation
Sequoia Financial Advisors LLC increased its holdings in shares of International Business Machines Corporation by 6.9% during the second quarter, according to a recent SEC filing.
The company now owns 221,104 shares of IBM's stock after buying an additional 14,178 shares during the period, valued at $62,177,000.
Sequoia Financial Advisors is not alone in its investment in IBM; other institutional investors have also recently added to their stakes in the company.