Transamerica Buys Procter & Gamble for Over $1.5 Million
Transamerica Financial Advisors LLC acquired a new position in shares of Procter & Gamble Company (NYSE:PG) worth approximately $1.58 million during the second quarter, according to its most recent 13F filing with the SEC.
The purchase of 10,787 shares brings Transamerica Financial Advisors' total stake in the company to a significant position among institutional investors who own 65.77% of Procter & Gamble's stock.
Other hedge funds have also made changes to their holdings in the company, with E Fund Management Hong Kong Co. Ltd. increasing its stake by 1,000.0% during the fourth quarter and Park Square Financial Group LLC raising its holdings by 65.1%.