Van Hulzen Asset Management Takes a Bite Out of IBM

Van Hulzen Asset Management LLC has invested in International Business Machines Corporation (IBM), acquiring 112,688 shares of the technology company's stock valued at approximately $31.69 million.

This represents about 2.3% of Van Hulzen Asset Management LLC's holdings, making IBM its ninth biggest position.

Other institutional investors have also bought and sold shares of IBM, with VIRGINIA RETIREMENT SYSTEMS ET Al increasing its stake in the company by 424.6% during the fourth quarter.