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Walmart Stock Sees Institutional Boost Amid Earnings Growth

Guavy AI Editorial Team
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WMT
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Royal Capital Wealth Management LLC bought approximately 22,545 shares of Walmart Inc. (NASDAQ:WMT) stock during the second quarter for around $2,553,000.

This represents about 1.4% of Royal Capital's holdings and makes WMT its 17th largest holding.

The institutional investor is not alone in its interest in Walmart; other investors have also increased their stakes in the retailer during the first and fourth quarters.

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