Giant Manager Buys Up Apple, Nvidia, Corning and Pfizer Stock

The investment arm of one of the world’s biggest insurers just made major changes in its U.S.-traded investments.

MEAG Munich Ergo initiated a stake in iPhone maker Apple (ticker: AAPL), and bought more shares of chip maker Nvidia (NVDA), specialty-glass maker Corning (GLW), and vaccine maker Pfizer (PFE) in the second quarter. MEAG, which handles all the investment activities for Munich Re, disclosed the stock trades, among others, in a form it filed with the Securities and Exchange Commission.

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