Wealthfront Advisers Trims Stake in Walmart by 3.2%

Wealthfront Advisers LLC has adjusted its holdings in Walmart Inc., trimming its stake by 3.2% in the second quarter, according to a recent 13F filing with the SEC.

The firm owned 620,690 shares of Walmart's stock after selling 20,825 shares during the quarter, valuing its holdings at $70,299,000.

This is not an isolated move; several other institutional investors and hedge funds have also modified their positions in WMT. Ontario Teachers Pension Plan Board boosted its stake by 1,684.5% in the second quarter, while First National Bank of Omaha increased its holdings by 2.0%