Wedge Capital Sells 90.7% of UnitedHealth Group Stake After Q2 Sell-Off

Wedge Capital Management L L P NC has reduced its stake in UnitedHealth Group Incorporated (NYSE:UNH) by 90.7% after selling 13,450 shares during the second quarter.

The firm now owns 1,378 shares of the healthcare conglomerate's stock, valued at $573,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of UnitedHealth Group. Anfield Capital Management LLC increased its holdings in the company by 220% during the fourth quarter, while Joseph Group Capital Management bought a new position in the stock valued at $27,000.

CEO Patrick Hugh Conway sold 500 shares of the business's stock on August 5th at an average price of $410.00, for a total value of $205,000.00.