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Vanguard Group Inc. Acquires 448,554 Shares of AbbVie Inc. $ABBV
Vanguard Group Inc. increased its stake in AbbVie Inc. by 0.3% during the third quarter, acquiring an additional 448,554 shares and bringing its total holdings to over 177 million shares valued at approximately $41.16 billion. The article also highlights recent analyst ratings, AbbVie’s positive earnings report, clinical progress, and market performance, alongside potential challenges such as Medicare pricing negotiations. Institutional investors collectively own 70.23% of AbbVie’s stock.