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Capital World Investors Acquires 1,935,876 Shares of Amgen Inc. $AMGN
Capital World Investors increased its stake in Amgen Inc. by 11.5% during the third quarter, acquiring an additional 1,935,876 shares and bringing its total holdings to over 18.7 million shares worth approximately $5.3 billion. Several other hedge funds also adjusted their positions in Amgen, with institutional investors now owning 76.50% of the stock. Amgen recently reported strong quarterly earnings, surpassing analyst estimates, and announced a quarterly dividend of $2.52 per share.