Richard W. Paul & Associates LLC purchased a new position in shares of Adobe Inc. ( NASDAQ:ADBE – Get Rating ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,759 shares of the software company's stock, valued at approximately $928,000. A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ADBE. Vanguard Group Inc. increased its holdings in shares of Adobe by 0.

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