Cornerstone Wealth Group LLC raised its holdings in Novartis AG ( NYSE:NVS – Get Rating ) by 1.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 51,162 shares of the company's stock after acquiring an additional 826 shares during the quarter. Cornerstone Wealth Group LLC's holdings in Novartis were worth $4,641,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also recently modified their holdings of the company.

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