TD Waterhouse Canada Inc. Grows Position in Qualcomm Incorporated $QCOM

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TD Waterhouse Canada Inc. increased its stake in Qualcomm Incorporated by 33.9% in the fourth quarter, purchasing an additional 118,145 shares. Other institutional investors like Wellington Management Group LLP and Dimensional Fund Advisors LP also significantly grew their holdings. Despite some recent analyst downgrades and insider selling, Qualcomm’s board approved a dividend increase and initiated a $20 billion share buyback plan, signaling confidence in the company’s financial health and future prospects.

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