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NewEdge Wealth LLC Boosts Stake in Merck & Co., Inc. $MRK
NewEdge Wealth LLC increased its stake in Merck & Co., Inc. by 16.4% in the third quarter, bringing their total holdings to 64,291 shares valued at $5.43 million. This comes as Merck reported strong Q1 earnings, beating analyst expectations, and declared a quarterly dividend of $0.85 per share. While institutional investors are boosting their positions, company insiders have sold a significant amount of stock in the last three months.