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Westpac Buys New IBM Stake as Other Funds Increase Holdings

IBM logoIBM
Sig1.05Sen+1.35Env0.00Soc0.00Gov0.00
Westpac Banking logoWestpac Banking
Sig0.86Sen+0.42Env0.00Soc0.00Gov0.00

Westpac Banking Corp purchased 8,100 shares of International Business Machines in the second quarter, adding to IBM’s institutional ownership. Korea Investment CORP and EP Wealth Advisors also reported new positions. IBM said revenue rose 1.1% year over year, and it recently disclosed a quarterly dividend of $1.69 per share.

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