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Modern Wealth Management LLC Has $36.94 Million Stock Holdings in Alphabet Inc. $GOOGL
Modern Wealth Management LLC significantly increased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 103.4% in the third quarter, bringing its total holdings to $36.94 million. Other institutional investors like Vanguard Group Inc., State Street Corp, and Geode Capital Management LLC also increased their positions in Alphabet. The article highlights Alphabet’s recent financial performance, upcoming dividend, and mixed analyst sentiments regarding its AI initiatives and regulatory pressures.