Stocks
Welch Group LLC Boosts Stake in International Business Machines
Welch Group LLC increased its position in International Business Machines Corporation (IBM) by buying an additional 6,623 shares during the second quarter. This lifted their total holdings in IBM to 301,425 shares, valued at $84,764,000.
The firm's stake in IBM now accounts for approximately 2.9% of Welch Group LLC's portfolio, making it their 7th largest position.
This is not the only change in institutional investors' positions in IBM this quarter; several other funds have also made adjustments to their holdings.