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Lighthouse Financial Services Inc. ADV Buys Shares of 3,107 BlackRock $BLK
Lighthouse Financial Services Inc. ADV has acquired a new stake in BlackRock (NYSE:BLK), purchasing 3,107 shares valued at approximately $3.33 million in the fourth quarter. This highlights BlackRock’s continued appeal to institutional investors, who now collectively own over 80% of the company’s stock. The article also touches on mixed sentiments surrounding BlackRock, noting growth opportunities in areas like Aladdin’s private credit features and strong ETF performance, alongside concerns about private credit markdowns and a defaulted China loan.