Glenmede Trust Co. NA Adjusts Holdings in Progressive and Procter & Gamble

Glenmede Trust Co. NA increased its stake in The Progressive Corporation during the first quarter, buying 37,404 shares for a total holding of 256,220 shares valued at about $50.8 million, a 17.1 % rise in its position.

In the same period the firm reduced its position in Procter & Gamble, selling 33,640 shares and ending the quarter with 948,978 shares worth roughly $137.1 million, a 3.4 % decline.

Both transactions were disclosed in the company’s latest Form 13F filing with the U.S. Securities and Exchange Commission.