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Vanguard Group Inc. Boosts Holdings in Merck & Co., Inc. $MRK
Vanguard Group Inc. significantly increased its stake in Merck & Co., Inc. (NYSE:MRK) during the 4th quarter, acquiring an additional 2.1 million shares and raising its total holdings to over 254 million shares, valued at approximately $26.77 billion. This made Vanguard Group Inc. the largest institutional holder of Merck’s stock, owning about 10.25% of the company. The article also details other institutional investor activity, Merck’s recent financial performance, dividend announcement, and recent news including partnerships for AI in drug discovery and FDA approvals, alongside some analyst forecasts and insider stock sales.