BancFirst Trust Buys 320,000 Walmart Shares as Stock Climbs Toward Record Highs

BancFirst Trust & Investment Management disclosed a significant purchase of Walmart shares in the third quarter, valued at an estimated $32 million, according to an SEC filing released on Wednesday.According to a Securities and Exchange Commission (SEC) filing on Wednesday, Oklahoma-based BancFirst Trust & Investment Management added 321,546 shares of Walmart(NYSE:WMT) during the third quarter. The estimated transaction value, based on the average price for the quarter, was about $32 million. After the transaction, the fund held 326,622 shares, with a quarter-end value of $33.7 million.The transaction lifted BancFirst's Walmart holding to nearly 7.9% of 13F assets under management, as of Tuesday.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool