Pointe Capital Management LLC decreased its holdings in shares of Abbott Laboratories ( NYSE:ABT – Get Rating ) by 10.2% in the fourth quarter, HoldingsChannel reports. The fund owned 3,960 shares of the healthcare product maker's stock after selling 448 shares during the quarter. Pointe Capital Management LLC's holdings in Abbott Laboratories were worth $435,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds have also recently modified their holdings of the business.

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