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Welch & Forbes LLC Trims Holdings In Starbucks Co. (SBUX)


Welch & Forbes LLC lessened its stake in shares of Starbucks Co. (NASDAQ:SBUX) by 7.7% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 105,690 shares of the coffee company’s stock after selling 8,872 shares during the quarter. Welch & Forbes LLC’s holdings in Starbucks were worth $7,857,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SBUX.

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