Verizon Communications Inc. (NYSE:VZ) Shares Acquired by Meyer Handelman Co.

Meyer Handelman Co. boosted its stake in Verizon Communications Inc. (NYSE:VZ - Free Report) by 5.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 973,547 shares of the cell phone carrier's stock after acquiring an additional 53,929 shares during the quarter. Verizon Communications accounts for about 1.4% of Meyer Handelman Co.'s portfolio, making the stock its 21st biggest holding. Meyer Handelman Co.'s holdings in Verizon Communications were worth $40,149,000 as of its most recent filing with the SEC. Get Verizon Communications alerts:Fortinet Surges as Cybersecurity Demand Drives Record EarningsSeveral other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Taylor Hoffman Wealth Management raised its position in Verizon Communications by 32.9% in the fourth quarter. Taylor Hoffman Wealth Management now owns 9,353 shares of the cell phone carrier's stock worth $353,000 after acquir...