International Assets Investment Management LLC trimmed its position in Johnson & Johnson ( NYSE:JNJ – Free Report ) by 2.2% in the second quarter, Holdings Channel.com reports. The firm owned 34,041 shares of the company's stock after selling 763 shares during the period. International Assets Investment Management LLC's holdings in Johnson & Johnson were worth $2,511,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JNJ.

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