TCW Group Boosts Stake in UnitedHealth Group
TCW Group Inc., a financial institution, has increased its stake in UnitedHealth Group Incorporated (NYSE:UNH) by 47.1% during the second quarter.
The company purchased an additional 64,368 shares of UNH stock, bringing its total holdings to 201,129 shares worth approximately $83.6 million as of its most recent filing with the Securities & Exchange Commission.
TCW Group Inc.'s decision to boost its stake in UnitedHealth Group follows a trend observed among other hedge funds and institutional investors, who have also increased their positions in the healthcare conglomerate.