CIBC Bancorp USA Inc. purchased a new stake in Microsoft Corporation (NASDAQ:MSFT - Free Report) during the third quarter, according to its most recent filing with the SEC. The firm purchased 2,391,505 shares of the software giant's stock, valued at approximately $1,238,680,000. Microsoft accounts for 4.3% of CIBC Bancorp USA Inc.'s portfolio, making the stock its 2nd biggest holding. Get Microsof...
CIBC Bancorp USA Inc. purchased a new stake in Microsoft Corporation (NASDAQ:MSFT - Free Report) during the third quarter, according to its most recent filing with the SEC. The firm purchased 2,391,505 shares of the software giant's stock, valued at approximately $1,238,680,000. Microsoft accounts for 4.3% of CIBC Bancorp USA Inc.'s portfolio, making the stock its 2nd biggest holding. Get Microsoft alerts: Sign Up A number of other hedge funds have also recently made changes to their positions in MSFT. Norges Bank purchased a new stake in shares of Microsoft during the second quarter valued at about $50,493,678,000. Nuveen LLC bought a new stake in shares of Microsoft in the 1st quarter valued at about $18,733,827,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Microsoft by 500.0% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 59,543,261 shares of the software giant's stock worth $30,840,432,000 after buying an additional 49,618,571 shares during the last quarter. Laurel Wealth Advisors LLC raised its stake in shares of Microsoft by 49,640.3% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 29,967,038 shares of the software giant's stock worth $14,905,904,000 after acquiring an additional 29,906,791 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Microsoft by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 705,077,786 shares of the software giant's stock worth $350,712,742,000 after acquiring an additional 13,691,572 shares in the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors. Key Stories Impacting Microsoft Here are the key news stories impacting Microsoft this week: Microsoft Stock Performance Shares of MSFT stock opened at $389.02 on Friday. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $555.45. The company has a qui...