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Laurel Wealth Advisors LLC Cuts Position in Amgen Inc. $AMGN
Laurel Wealth Advisors LLC significantly reduced its stake in Amgen Inc. by 99.6% during the third quarter, decreasing its holdings to 23,691 shares. Despite this large sale, other institutional investors like Vanguard Group Inc., Charles Schwab Investment Management Inc., and Panagora Asset Management Inc. increased their positions in the medical research company. Amgen recently reported strong earnings, beating analyst estimates, and increased its quarterly dividend, signaling positive financial performance and investor returns.