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Visa Stake Boosted as Institutional Investors Pile In

Guavy AI Editorial Team
Instruments
V
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Advisors Capital Management LLC increased its stake in Visa Inc (NYSE:V) by 4.8% in the second quarter, according to a recent SEC filing.

The fund purchased an additional 3,728 shares of the credit-card processor's stock during the quarter, bringing its total holdings to 82,078 shares worth $28,160,000.

This is not an isolated instance; several other institutional investors also increased their stakes in Visa during the same period.

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