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Van Eck Boosts Stake in American Express by Nearly 465%

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AXP
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Van Eck Associates Corp has significantly increased its stake in American Express Company (NYSE:AXP) by 464.8% in the second quarter, according to a recent SEC filing.

The institutional investor now owns 104,452 shares of AXP's stock after buying an additional 85,958 shares during the period.

The holdings are valued at $35,331,000 as of its most recent SEC filing.

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