Wellington Management Group Sells 962,501 Shares of American Express
Wellington Management Group LLP, a financial services company, has reduced its stake in American Express Company (NYSE:AXP) by 23.0% during the second quarter.
The firm owned about 0.48% of American Express worth $1,089,145,000 at the end of the most recent quarter, according to their latest 13F filing with the SEC.
Alongside Wellington Management Group LLP, other institutional investors and hedge funds have also made adjustments to their stakes in American Express.