Walmart Sees Increased Institutional Investment

Asset One Wealth Management LLC recently acquired a new position in shares of Walmart Inc. (NASDAQ:WMT) in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 40,968 shares valued at approximately $4,610,000.

This is not an isolated move as other hedge funds and institutional investors have also been making changes to their positions in WMT. State Street Corp grew its stake in Walmart by 1.2% during the third quarter, while Geode Capital Management LLC raised its stake in shares of Walmart by 6.8% in the fourth quarter.

Norges Bank bought a new position in shares of Walmart in the fourth quarter valued at approximately $6,458,529,000. Fisher Asset Management LLC boosted its holdings in shares of Walmart by 0.8% in the 4th quarter, and Franklin Resources Inc. also boosted its holdings in shares of Walmart by 2.6% in the 4th quarter.