Canada Post Boosts Cisco Stake 65%, Ledyard Bank Cuts 4.1%
Canada Post Corp Registered Pension Plan boosted its Cisco Systems stake by 65% with 84,466 additional shares to 214,403. Capital Investment Advisory Services LLC increased its position 50.7% with 10,911 shares to 32,417, while Ledyard National Bank trimmed its holding 4.1% with an 8,538-share sale to 201,561.
1. Canada Post Corp Raises Cisco Stake
Canada Post Corp Registered Pension Plan boosted its stake in Cisco Systems by 65% during the most recent quarter, adding 84,466 shares to reach a total of 214,403 shares. This sizable increase underscores the pension plan’s confidence in Cisco’s long-term growth prospects within the networking market.
2. Capital Investment Advisory Services LLC Expands Position
Capital Investment Advisory Services LLC raised its Cisco holding by 50.7%, acquiring 10,911 additional shares to hold 32,417 shares in total. The advisory firm’s move highlights its bullish outlook on Cisco’s recurring revenue model and technology leadership.
3. Ledyard National Bank Trims Exposure
Ledyard National Bank reduced its Cisco Systems holding by 4.1%, selling 8,538 shares and leaving it with 201,561 shares. The modest reduction may reflect portfolio rebalancing or sector rotation considerations within the bank’s investment strategy.