Stocks
Sequoia Financial Boosts Stake in Home Depot Amid Institutional Buy-In
Sequoia Financial Advisors LLC increased its stake in The Home Depot by 4.9% during the second quarter, according to a recent SEC filing.
The fund purchased an additional 10,654 shares of the home improvement retailer's stock, bringing its total holdings to 229,708 shares worth $81,013,000 at the end of the period.
Sequoia Financial Advisors LLC is not the only institution to have added to its stake in Home Depot; Parvin Asset Management LLC increased its position by 110% during the third quarter and purchased a new position in the company worth $26,000 during the second quarter.