Stocks
Walmart Stake Boosted by Performance Wealth Partners LLC
Performance Wealth Partners LLC increased its stake in Walmart Inc. (NASDAQ:WMT) by 8.6% during the second quarter, according to a filing with the Securities and Exchange Commission.
The institutional investor now owns 157,048 shares of the retailer's stock after acquiring an additional 12,389 shares during the quarter. The company's holdings in Walmart were worth $17,787,000 at the end of the most recent quarter.
This is not an isolated incident, as other institutional investors and hedge funds have also modified their holdings of Walmart's stock recently. For example, Bay Harbor Wealth Management LLC raised its holdings in shares of Walmart by 57.4% during the fourth quarter.