UBS AM Cuts Stake in Procter & Gamble Amid Market Volatility
UBS AM, a distinct business unit of UBS Asset Management Americas LLC, has reduced its stake in Procter & Gamble Company (PG) by 6.1% during the second quarter.
The institutional investor owned 17,219,256 shares of PG's stock after selling 1,111,337 shares during the period.
This represents approximately 0.74% of Procter & Gamble's outstanding shares, valued at $2,525,032,000 at the end of the most recent reporting period.