Tocqueville Asset Buys $57M Stake in Merck KGaA

Tocqueville Asset Management L.P. acquired a new stake in shares of Merck KGaA (OTCMKTS:MKGAF) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission.

The firm bought 447,832 shares of the company's stock, valued at approximately $57,546,000. As a result, Tocqueville Asset Management L.P. now owns around 0.35% of Merck KGaA as of its most recent filing with the Securities & Exchange Commission.

This is not the only institutional investor that has recently added to or reduced their stakes in the business. Other notable investors include Gables Capital Management Inc., Diversify Advisory Services LLC, Danske Bank A S, Danica Pension Livsforsikringsaktieselskab, and BOK Financial Private Wealth Inc.