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United Bank Buys into Salesforce with Large Share Purchase

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CRM
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United Bank has added Salesforce Inc. to its portfolio by purchasing approximately $1.76 million worth of shares, valued at 11,271 units.

This investment was made in the second quarter, according to a 13F filing with the Securities & Exchange Commission. Several other hedge funds have also recently bought or sold stakes in Salesforce.

Commonwealth Retirement Investments LLC and Gilpin Wealth Management LLC each purchased new positions worth $25,000 and $26,000 respectively. Persistent Asset Partners Ltd bought a similar amount of shares for approximately $27,000.

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