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Verizon Communications Inc. $VZ Shares Bought by Capital World Investors
Capital World Investors significantly increased its stake in Verizon Communications Inc. (NYSE:VZ) by 51.1% in the third quarter, purchasing over 4.9 million additional shares. This move highlights bullish institutional interest, with several other firms also modifying their holdings. The article also covers Verizon’s recent dividend increase, positive analyst upgrades, and insider trading activity, including sales by a director and SVP.