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Alphabet Inc. $GOOGL is Clearstead Trust LLC's 8th Largest Position
Clearstead Trust LLC increased its stake in Alphabet Inc. (GOOGL) by 3.4% in the third quarter, making it their 8th largest position. Alphabet recently reported stronger-than-expected earnings and announced a quarterly dividend, with positive catalysts like a major cloud deal and analyst upgrades balancing legal and regulatory risks. Institutional investors collectively own 40.03% of the company’s stock, though some insider selling has also been noted.