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Vanguard Group Inc. Raises Holdings in Union Pacific Corporation $UNP
Vanguard Group Inc. increased its stake in Union Pacific Corporation by 1.1% in Q4, acquiring 659,378 additional shares, bringing its total to 59,329,262 shares valued at approximately $13.724 billion. This constitutes about a 10.0% ownership of the railroad operator. The increase follows Union Pacific’s strong Q1 performance, which saw an adjusted EPS beat, reaffirmed guidance, and spurred a 52-week high for the stock.