CapWealth Advisors LLC trimmed its stake in shares of Amgen Inc. ( NASDAQ:AMGN – Free Report ) by 1.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,345 shares of the medical research company's stock after selling 461 shares during the period. CapWealth Advisors LLC's holdings in Amgen were worth $7,094,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also added to or reduced their stakes in AMGN.

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