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Trump Media Stock Bought By BlackRock, State Street, Charles Schwab, Vanguard In Q2: Stock Is Down 40% In Past Month

Benzinga ·  Aug 15 12:54

Several large, well-known fund management companies bought shares ofTrump Media & Technology Group(NASDAQ:DJT) in the second quarter, which comes after the Trump co-founded company made its highly anticipated debut in March.

What Happened:New 13F disclosures for the second quarter show purchases of Trump Media stock; shares have declined about 40% in recent weeks, but has been up over 43% in the past 12 months.

These hedge funds added to their positions in Trump Media & Technology Group Corp. as follows in the second quarter:

Blackrock: Added 2,184,153 shares

Vanguard: Added 2,879,880 shares

State Street: Added 440,164 shares

Charles Schwab Investment Management: Added 265,871 shares

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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