Redwood Investment Management and others increase stakes in IBM stock
Redwood Investment Management LLC increased its IBM stake by 112.9% in Q1, adding 3,066 shares to hold 5,781 shares, per its SEC filing. GLOBALT Investments also raised its position to 18,288 shares, and Rice Partnership LLC bought a new stake in Q4 worth $3.32M. The post also cites IBM’s latest EPS and an upcoming $1.69 dividend for shareholders of record on Aug. 10.