Content area
Full text
TCW Group Inc. grew its position in shares of Merck & Co., Inc. (NYSE:MRK) by 1.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,737,923 shares of the company's stock after acquiring an additional 32,122 shares during the quarter. Merck & Co., Inc. comprises about 1.3% of TCW Group Inc.'s investment portfolio, making the stock its 17th largest holding. TCW Group Inc. owned about 0.10% of Merck & Co., Inc. worth $166,192,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. G&S Capital LLC purchased a new stake in Merck & Co., Inc. in the 4th quarter worth $298,000. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its stake in Merck & Co., Inc. by 25.0% in the 4th quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 5,715 shares of the company's stock worth $339,000 after purchasing an additional 1,143 shares in the last quarter. Circle Wealth Management LLC lifted its stake in Merck & Co., Inc. by 16.4% in the 4th quarter. Circle Wealth Management LLC now owns 18,701 shares of the company's stock worth $1,052,000 after purchasing an additional 2,634 shares in the last quarter. Nexthera Capital LP purchased a new stake in Merck & Co., Inc. in the 4th quarter worth $19,486,000. Finally, Elkfork Partners LLC purchased a new stake in Merck & Co., Inc. in the 4th quarter worth $3,745,000. 72.20% of the stock is owned by institutional investors.
Shares of NYSE MRK opened at $68.62...