Checchi Capital Advisers LLC has disclosed a 4.2% reduction in its McKesson Corporation holding during the second quarter, selling 55 shares overall. According to its most recent SEC filing, the institution now holds 1,259 shares of the health-care services company.
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Checchi Capital Advisers LLC Decreases Stake in McKesson Corporation $MCK
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Key Takeaways:
- Checchi Capital Advisers LLC reduced its stake in McKesson by 4.2%.
- The firm sold 55 shares during the second quarter.
- It now owns 1,259 shares of McKesson stock.
- The change was detailed in a recent SEC Form 13F filing.
Checchi Capital’s Second-Quarter Adjustment
Checchi Capital Advisers LLC decreased its position in McKesson Corporation by 4.2% during the second quarter. This shift was reported in the firm’s most recent Form 13F filing with the Securities and Exchange Commission.
SEC Filing Details
The filing shows Checchi Capital Advisers LLC sold 55 shares in McKesson over the period in question. Form 13F filings are submitted by institutional investment managers, providing transparent insights into their latest portfolio decisions.
The Numbers Behind the Move
As a result of the sale, Checchi Capital Advisers LLC now holds a total of 1,259 shares of McKesson. This updated figure marks a reduction from the prior quarter, reflecting the firm’s slightly smaller interest in the health-care distribution giant.
Implications for McKesson Holdings
While the filing confirms a shift in ownership, the exact motivations behind the transaction remain undisclosed. The updated stake lays out Checchi Capital Advisers LLC’s latest position, offering a glimpse into the firm’s allocation strategy, as filed with the SEC.
