TRB Wealth Management LLC Adds New Position in Home Depot

TRB Wealth Management LLC has acquired a new position in shares of The Home Depot, Inc. (NYSE:HD) during the second quarter, according to its recent filing with the Securities and Exchange Commission. The fund purchased 3,368 shares valued at approximately $1,188,000.

This is not an isolated instance as several other institutional investors and hedge funds have also bought or sold shares of the stock in recent periods. BlackRock Inc., for example, acquired a new position in Home Depot during the second quarter worth about $28,771,247,000. Norges Bank bought a new stake in shares of Home Depot in the fourth quarter valued at about $4,850,329,000.

Wellington Management Group LLP increased its stake in shares of Home Depot by 60.8% in the third quarter and now owns 10,143,089 shares of the home improvement retailer's stock valued at $4,109,878,000 after buying an additional 3,836,051 shares during the period.

Cardano Risk Management B.V. raised its position in shares of Home Depot by 901.5% during the fourth quarter and now owns 3,290,540 shares of the home improvement retailer's stock worth $1,132,275,000 after acquiring an additional 2,961,979 shares.

70.86% of the stock is currently owned by institutional investors and hedge funds.