Diversify Wealth Management LLC Increases Stake in Tesla

Diversify Wealth Management LLC grew its position in Tesla, Inc. by 57.5% during the fourth quarter, according to a recent filing with the Securities and Exchange Commission

Justin Tomlinson

Editor-in-Chief, Mora Discover

2 sources

Diversify Wealth Management LLC significantly increased its investment in Tesla, Inc. (NASDAQ:TSLA) during the fourth quarter, according to the firm's most recent filing with the Securities and Exchange Commission. The institutional investor boosted its holdings in the electric vehicle manufacturer by 57.5% during this period, reflecting a notable change in its portfolio allocation regarding the automotive and energy company.[1][2]

As a result of the recent transaction, Diversify Wealth Management LLC now holds a total of 18,311 shares of the electric vehicle producer's stock. This disclosure provides a snapshot of the firm's ownership status at the end of the fourth quarter, as institutional investors continue to adjust their stakes in major technology and automotive firms like Tesla.[1][2]

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