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Verdence Capital Advisors LLC Trims Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

News Snapshot:

Verdence Capital Advisors LLC cut its stake in Taiwan Semiconductor Manufacturing Company Limited ( NYSE:TSM – Get Rating ) by 77.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,682 shares of the semiconductor company’s stock after selling 42,878 shares during the period. Verdence Capital Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,322,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds have also recently bought and sold shares of TSM. Virtue Capital Management LLC increased…

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