Bellecapital International Ltd. boosted its position in International Business Machines Co. ( NYSE:IBM – Free Report ) by 17.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,689 shares of the technology company's stock after buying an additional 1,615 shares during the quarter. Bellecapital International Ltd.'s holdings in International Business Machines were worth $1,401,000 at the end of the most recent quarter.

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