Billionaires Love This Dividend King. Should You?
The big money loves household products conglomerate Procter & Gamble (NYSE: PG). How can you tell? Consider that individual investors hold just a tiny sliver, only 3.5% of outstanding shares. A combination of financial institutions, insiders, investment banks, mutual funds, and other professional entities hold the rest.
Big money is crazy about Procter & Gamble. Does that mean you should feel the same way? Here is what you need to know.
Institutions typically play by different rules than retail investors; the number one rule for the pros is don't lose money. Whether it's a fund that carries the retirement nest eggs of millions of retirees or a hedge fund manager who gets quarterly bonuses, most professionals can't afford a big whiff; there's too much at stake.
Source Fool.com
