Vanguard Group Inc. Acquires 12,088,653 Shares of Zhihu Inc. (NYSE:ZH)

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Vanguard Group Inc. grew its position in shares of Zhihu Inc. (NYSE:ZH - Free Report) by 204.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,004,665 shares of the company's stock after acquiring an additional 12,088,653 shares during the quarter. Vanguard Group Inc. owned about 2.93% of Zhihu worth $18,725,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of ZH. Schonfeld Strategic Advisors LLC bought a new stake in Zhihu during the third quarter worth $233,000. Caxton Associates LP grew its holdings in Zhihu by 109.1% during the third quarter. Caxton Associates LP now owns 112,330 shares of the company's stock worth $117,000 after buying an additional 58,617 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Zhihu during the third quarter worth $1,109,000. Rhumbline Advisers grew its holdings in Zhihu by 38.8% during the third quarter. Rhumbline Advisers now owns 41,608 shares of the company's stock worth $43,000 after buying an additional 11,635 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in Zhihu by 237.4% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 38,406 shares of the company's stock worth $40,000 after buying an additional 27,024 shares in the last quarter. Institutional investors own 28.92% of the company's stock.


Zhihu Trading Down 4.1 %

Zhihu stock traded down $0.03 during trading on Monday, hitting $0.67. 640,421 shares of the company were exchanged, compared to its average volume of 1,686,735. The business's 50 day moving average is $0.74 and its 200 day moving average is $0.88. Zhihu Inc. has a 52 week low of $0.65 and a 52 week high of $1.25.

About Zhihu

(Free Report)

Zhihu Inc operates an online content community in the People's Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company also offers technology, business support, and consulting services; information transmission, software, and information technology services; information and marketing services; vocational training; and internet services, as well as holds audio-visual permit.

See Also

Institutional Ownership by Quarter for Zhihu (NYSE:ZH)

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