Bank of Montreal Can Buys Shares of 242,629 CDK Global Inc. (CDK)

Bank of Montreal Can bought a new stake in CDK Global Inc. (NASDAQ:CDK) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 242,629 shares of the company’s stock, valued at approximately $13,464,000. Bank of Montreal Can owned about 0.16% of CDK Global as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Icon Advisers Inc. Co. purchased a new position in shares of CDK Global during the first quarter worth about $1,117,000. Los Angeles Capital Management & Equity Research Inc. boosted its position in shares of CDK Global by 0.6% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 20,161 shares of the company’s stock worth $938,000 after buying an additional 125 shares during the period. BlackRock Inc. boosted its position in shares of CDK Global by 6.4% in the first quarter. BlackRock Inc. now owns 236,087 shares of the company’s stock worth $10,991,000 after buying an additional 14,229 shares during the period. BlackRock Group LTD boosted its position in shares of CDK Global by 1.6% in the first quarter. BlackRock Group LTD now owns 903,724 shares of the company’s stock worth $42,069,000 after buying an additional 14,273 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of CDK Global by 142.7% in the first quarter. JPMorgan Chase & Co. now owns 479,486 shares of the company’s stock worth $22,320,000 after buying an additional 281,925 shares during the period. 85.36% of the stock is currently owned by institutional investors.