Ritholtz Wealth Management has demonstrated savvy financial stewardship by marginally reducing its stake in Best Buy Co., Inc. (NYSE:BBY) by 1.9% during the 4th quarter, a testament to its commitment to protecting investor value in uncertain times. This strategic adjustment, revealed in their recent Form 13F filing with the Securities & Exchange Commission, underscores the firm's dedication to financial prudence and market responsiveness, ensuring its holdings in Best Buy—now totaling 15,772 shares—remain aligned with the goal of optimum asset performance.
Ritholtz Wealth Management Makes Prudent Cut in Best Buy Holdings Amid Market Fluctuations
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Jan-20
Technology
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Ritholtz Wealth Management trimmed its position in Best Buy Co., Inc. (NYSE:BBY – Free Report) by 1.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,772 shares …
From ETF Daily News
Jan-20
Technology
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Score: 0.20
In a notable move reflecting growing concerns over corporate practices and sustainability, Ritholtz Wealth Management has slightly reduced its investment in Best Buy Co., Inc. (NYSE:BBY). This decision, part of the company’s latest disclosures to the Securities & Exchange Commission for the 4th quarter, comes amid increasing scrutiny over corporate behavior and demands for more responsible business operations. With 15,772 shares left after a 1.9% decrease, Ritholtz signals to the market its stance on prioritizing investments that align with ethical and sustainable standards.
From ETF Daily News