TD Asset Management INC decreased the number of shares of Sturm, Ruger & Company, INC (NYSE: RGR) that it held by 17.7 percent during the third quarter, as stated in the company’s most recent filing with the SEC.
The corporation maintained control of 57,000 of the company’s shares even after selling 12,300 of those shares during the period above.
The most recent filing that TD Asset Management INC made with the SEC indicates that the company’s ownership stake in Sturm, Ruger & Company, INC, valued at $2,913,000, is 0.32%.
Changes have also been made to the company’s holdings by hedge funds and other institutional investors.
During the third quarter of 2018, Quantbot Technologies LP made a new investment in Sturm, Ruger & Company, INC by contributing approximately 203,000 dollars toward the purchase of the investment.
Empowered Funds LLC increased the proportion of Sturm, Ruger & Company, INC stock that is owned by 16.0 percent during the third quarter. Compared to its previous holdings, Empowered Funds LLC now possesses 1,456 additional shares of the company’s stock, which have a combined value of $537,000.
The company previously owned these shares.
Bogart Wealth LLC made a new investment in Sturm, Ruger & Company, INC for $25,000 during the third quarter of this year. Sturm, Ruger & Company, INC received a contribution of $554,000 from the Teacher Retirement System of Texas during the third quarter of 2018.
Last but certainly not least, Victory Capital Management INC increased the percentage of ownership it holds in Sturm, Ruger & Company, INC during the third quarter by 12.4%. Victory Capital Management INC now owns a total of 312,162 shares of the corporation’s stock, which has a value of $15,855,000 following the purchase of an additional 34,452 shares of the company’s stock throughout the period.
Institutional investors and hedge funds collectively own 68.97% of the company’s total shares, making up the majority of the company’s stock ownership.
In a separate development, an analysis of the shares of Sturm, Ruger & Company, INC was compiled by StockNews.com and made public on the 12th of October. StockNews.com has assumed responsibility for covering these stocks recently.
They suggested to the investors that the best action would be to “buy” the shares.
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