General Dynamics Corporation $GD Shares Sold by Smithbridge Asset Management Inc. DE

Category: Markets

Published: 2026-07-02T10:04:41.000Z

Smithbridge Asset Management Inc. DE reduced its stake in General Dynamics Corporation (NYSE:GD) by 48.2% in the first quarter, selling 4,846 shares and holding 5,214 shares valued at $1.79 million. Despite this, several other institutional investors significantly increased their holdings in GD, with Vanguard Group Inc. boosting its stake by 2.2% to over 24 million shares. General Dynamics also announced a quarterly dividend of $1.59 per share and reported strong Q1 earnings, beating analyst estimates.

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