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Top asset management team helps you profit without hassle
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Wealthfront Advisers LLC Lowers Position in Genuine Parts Company $GPC
Wealthfront Advisers LLC reduced its stake in Genuine Parts Company (NYSE:GPC) by 25.9% in Q3, selling 8,443 shares and holding 24,148 shares valued at $3.35 million. Despite this, other institutions like Norges Bank and Vanguard Group Inc. increased their holdings, with institutional ownership reaching 78.83%. Genuine Parts recently announced a quarterly dividend of $1.03, equating to an annualized dividend of $4.12 and a yield of 2.8%.