Telephone & Data Systems, Inc. (NYSE:TDS) Stake Cut by First Trust Advisors LP

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    First Trust Advisors LP reduced its holdings in Telephone & Data Systems, Inc. (NYSE:TDS) by 2.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,761,589 shares of the Wireless communications provider’s stock after selling 58,602 shares during the period. First Trust Advisors LP’s holdings in Telephone & Data Systems were worth $71,249,000 at the end of the most recent reporting period.

    A number of other institutional investors have also made changes to their positions in the stock. Municipal Employees Retirement System of Michigan lifted its stake in Telephone & Data Systems by 2.2% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 17,330 ...



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