Canvas Wealth Advisors LLC significantly raised its investment in Johnson & Johnson this quarter by 21.7%, adding 710 shares. The company now holds 3,979 shares at a total value of $661,000, highlighting a growing commitment to the healthcare giant.
Canvas Wealth Advisors LLC Has $661,000 Stock Position in Johnson & Johnson $JNJ
Key Takeaways:
- Canvas Wealth Advisors LLC increased its Johnson & Johnson stake by 21.7%
- The institution purchased 710 additional shares in the second quarter
- The investor’s total holdings now stand at 3,979 shares
- The overall value of these shares is $661,000
- The news was reported by The Lincolnian Online on 2025-10-22
Canvas Wealth Advisors’ Rising Stake
Canvas Wealth Advisors LLC has expanded its holdings in Johnson & Johnson, indicating a notable vote of confidence in the leading healthcare and consumer goods corporation. According to newly released figures, the investment firm’s position in the well-known stock grew by 21.7% during the second quarter.
21.7% Increase in J&J Position
Before this reported increase, Canvas Wealth Advisors LLC held fewer shares of Johnson & Johnson. In this quarter alone, the firm boosted its stake substantially by purchasing an additional 710 shares, surpassing its earlier investment level.
Value of the Expanded Holdings
This rise in the number of shares has brought the firm’s total holdings to 3,979 shares. Based on the report, these shares currently amount to $661,000, illustrating the scale of Canvas Wealth Advisors LLC’s stake in one of the most recognized companies on the New York Stock Exchange (NYSE: JNJ).
Official Filings and Source
These details were drawn from official filings covered by The Lincolnian Online, demonstrating transparent investor reporting. Johnson & Johnson, often lauded for its historical stability and consistent returns, remains a popular choice for institutional investors seeking prominent blue-chip stocks.
Final Note
Though no further details were provided on the firm’s strategic outlook or methods of investment, the newly cited increase in share count and total value reaffirms Canvas Wealth Advisors LLC’s ongoing belief in Johnson & Johnson’s market position and future prospects.