Smith Salley & Associates Boosts Holdings in The Procter & Gamble Company (NYSE:PG)

Smith Salley & Associates raised its stake in shares of The Procter & Gamble Company (NYSE:PG) by 3.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 169,848 shares of the company's stock after purchasing an additional 5,430 shares during the quarter. The Procter & Gamble comprises 2.1% of Smith Salley & Associates' holdings, making the stock its 12th biggest position. Smith Salley & Associates' holdings in The Procter & Gamble were worth $23,002,000 as of its most recent filing with the Securities and Exchange Commission.