Karpas Strategies LLC Cuts Holdings in Johnson & Johnson (NYSE:JNJ)

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Karpas Strategies LLC lowered its position in shares of Johnson & Johnson (NYSE:JNJFree Report) by 2.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 130,949 shares of the company’s stock after selling 3,087 shares during the quarter. Johnson & Johnson comprises 6.4% of Karpas Strategies LLC’s investment portfolio, making the stock its 2nd biggest holding. Karpas Strategies LLC’s holdings in Johnson & Johnson were worth $20,715,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Pathway Financial Advisors LLC boosted its position in shares of Johnson & Johnson by 4.3% during the 4th quarter. Pathway Financial Advisors LLC now owns 5,438 shares of the company’s stock worth $852,000 after purchasing an additional 226 shares in the last…

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