Gqg Partners Reduces $87M in Altria Group, Inc. ($MO)
Key Points
- Gqg Partners changed its Altria Group, Inc. ($MO) stake by 4.9% last quarter, cutting to 23,836,839 shares worth $1.70 billion.
- $MO last traded around $71.41.
Gqg Partners trimmed its position in Altria Group, Inc. ($MO) by 4.9% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,836,839 shares of Altria Group, Inc. after selling 1,221,598 shares during the quarter. Gqg Partners's holdings in Altria Group, Inc. were worth $1.70 billion as of its most recent filing.
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About Altria Group, Inc.
Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. It offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black & Mild brand; moist smokeless tobacco and oral tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands; oral nicotine pouches under the on! brand; and e-vapor products under the NJOY ACE brand. The company sells its products to distributors, as well as large retail organizations, such as chain stores. Altria Group, Inc. was founded in 1822 and is headquartered in Richmond, Virginia.
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