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Walmart Sees $8 Million Institutional Investment

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WMT
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Emerald Investment Advisers LLC has purchased 71,766 new shares of Walmart Inc.'s (NASDAQ:WMT) stock in the second quarter. This purchase is valued at approximately $8,128,000, according to the company's most recent Form 13F filing with the SEC.

This is not the only institutional investment in Walmart recently. Entrust Financial LLC acquired a new stake in the company during the fourth quarter worth around $27,000. Merkkuri Wealth Advisors LLC also purchased a new position in Walmart during the first quarter valued at approximately $29,000.

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