Brady Stock Is up 13% This Past Year, but Here's Why One Fund Cashed Out Completely
On Tuesday, Louisiana-based Paradiem disclosed in a U.S. Securities and Exchange Commission filing that it sold out its Brady Corporation (NYSE:BRC) stake, an estimated $12.98 million transaction based on the last disclosed value.
According to a filing with the U.S. Securities and Exchange Commission released Tuesday, Paradiem sold its entire holding of 166,374 Brady Corporation (NYSE:BRC) shares. The estimated value of the transaction was approximately $12.98 million, based on the average closing price for the quarter.
Top holdings after the filing:
Source Fool.com