U.S. Dimensional Fund increases its stake in Verizon to $941 mln

03/21/2019 7:26:00 AM (GMT)

U.S. investment firm Dimensional Fund Advisors LP has increased its stake in telecommunications company Verizon Communications Inc. by 3 percent.

Dimensional Fund owned 17.6 million shares of Verizon’s stock after buying an additional 516,809 shares.

Moreso, Dimensional Fund currently owns about 0.43 percent of Verizon worth $941 million.

Annually, Verizon Communications generates around $130.9 billion in revenue.

Dimensional Fund Advisors L.P.

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