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Schroder Investment Management Group Boosts Stake in ResMed Inc.
Schroder Investment Management Group increased its stake in ResMed Inc. (NYSE:RMD) by 6% during the third quarter, raising its total holdings to 155,188 shares valued at approximately $42,064,000. This move suggests the investment firm sees continued growth potential in ResMed, a leading provider of medical devices for sleep apnea, as it expands its product offerings and market share. The increase represents Schroder’s strategy to boost exposure in the medical technology sector.