Franklin Resources Inc. trimmed its position in shares of Great Lakes Dredge & Dock Co. by 54.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).
The fund owned 2,508,224 shares of the construction company’s stock after selling 3,013,705 shares during the quarter.
Franklin Resources Inc. owned approximately 3.79% of Great Lakes Dredge & Dock worth $14,924,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GLDD.
UBS Group AG grew its holdings in shares of Great Lakes Dredge & Dock by 92.3% during the third quarter.
UBS Group AG now owns 3,691 shares of the construction company’s stock worth $28,000 after purchasing an additional 1,772 shares during the last quarter, etc.