Aviance Capital Partners LLC decreased its holdings in shares of Cummins Inc. (NYSE:CMI – Free Report) by 19.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,670 shares of the company’s stock after selling 400 shares during the quarter. Aviance Capital Partners LLC’s holdings in Cummins were worth $492,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of CMI. Vanguard Group Inc. raised its stake in Cummins by 13.1% during the third quarter. Vanguard Group Inc. now owns 17,761,317 shares of the company’s stock worth $4,057,750,000 after acquiring an additional 2,055,239 shares during the period. Norges Bank acquired a new position in shares of Cummins during the fourth quarter worth approximately…
