Wellington Management Group LLP Boosts Stake in Merck & Co.
Wellington Management Group LLP recently increased its stake in Merck & Co., Inc. (NYSE:MRK), making it the company's 8th largest holding.
The investment firm owned approximately 86 million shares of Merck & Co., Inc. after buying an additional 1.9 million shares during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
Merck & Co., Inc. accounts for about 1.9% of Wellington Management Group LLP's portfolio, making it a significant holding for the firm.