Stocks
Visa Holdings Trimmed by SVB Wealth to 23rd Largest Position
SVB Wealth LLC trimmed its holdings in Visa Inc. by 7.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 48,196 shares of the credit-card processor's stock after selling 3,893 shares during the quarter.
Visa comprises about 1.0% of SVB Wealth LLC's portfolio, making the stock its 23rd biggest position.
SVB Wealth LLC's holdings in Visa were worth $16,536,000 at the end of the most recent quarter.