Xponance Inc. Trims Stock Position in Walmart Inc. $WMT

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Xponance Inc. reduced its stock position in Walmart Inc. by 9.0% in the third quarter, now owning 697,887 shares valued at $71.9 million. Other institutional investors have also adjusted their holdings, with 26.76% of Walmart stock currently owned by hedge funds and institutions. The retailer recently reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend.

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