VectorGlobal IAG Inc. Acquires New Stake in Amgen
VectorGlobal IAG Inc., a financial services company, has acquired a new stake in Amgen Inc. (NASDAQ: AMGN), a global biotechnology firm.
The investment, valued at approximately $1,239,000, consists of 3,522 shares purchased during the first quarter, according to recent filings with the Securities & Exchange Commission.
This move is part of a larger trend in which institutional investors and hedge funds have been increasing their stakes in Amgen.
Other notable investors, such as Vanguard Group Inc., State Street Corp, Capital World Investors, Geode Capital Management LLC, and Norges Bank, have also grown their holdings in the company over the past quarter.