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Visa Sees Increased Institutional Support Amid Stablecoin Growth

Guavy AI Editorial Team
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NewEdge Advisors LLC increased its stake in Visa Inc. by 0.4% during the second quarter, according to a recent filing with the Securities and Exchange Commission.

The fund now owns 760,691 shares of the credit-card processor's stock after acquiring an additional 3,282 shares during the quarter. This makes up about 0.8% of NewEdge Advisors LLC's holdings, making Visa its 20th biggest holding.

The value of NewEdge Advisors LLC's holdings in Visa was $260,985,000 at the end of the most recent reporting period.

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