Birmingham Capital Management Co. Inc. AL cut its position in shares of Johnson & Johnson ( NYSE:JNJ – Free Report ) by 0.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,298 shares of the company's stock after selling 250 shares during the period. Johnson & Johnson accounts for about 2.8% of Birmingham Capital Management Co. Inc. AL's investment portfolio, making the stock its 8th largest position.

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