Institutional Investors Increase Holdings in McKesson Corporation
1 report, 1 independent
Updated Sun 00:00
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What happened
MBL Wealth LLC acquired a new stake in McKesson Corporation shares in the third quarter, according to a filing with the Securities and Exchange Commission. Other institutional investors also modified their holdings, including BlackRock Inc., Bank of America Corp DE, Swedbank AB, UBS AM, and Legal & General Group Plc, who purchased additional shares.
From tickerreport.com
Why it matters
The increased buying activity by major financial institutions suggests growing institutional interest in McKesson Corporation. This accumulation of shares by firms like Swedbank AB and BlackRock Inc. reflects market confidence in the U.S. healthcare supplies company.
From tickerreport.com
Who's involved
- McKesson CorporationU.S. healthcare supplies company subject to formal disclosure requirements
- Swedbank ABPublic company that increased its investment stake in McKesson Corporation
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The entities involved
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McKesson Corporation
U.S. healthcare supplies
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