Johnson & Johnson – Ray Dalio’s hedge fund poured about half a billion {dollars} into Walmart, Alibaba, and Coca Cola, and dumped giant positions in China-focused ETFs within the Third-quarter

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0 Roy Rochlin/Getty Photos Investing legend Ray Dalio’s hedge fund poured thousands and thousands into Alibaba, Walmart , and Coca Cola, and offered some positions in Chinese language fairness ETFs within the third quarter this yr. The billionaire additionally invested closely in McDonald’s, Abbott Labs, Procter & Gamble, and Johnson & Johnson. Whereas the fund’s largest withdrawal was from an ETF that tracks large-cap US equities, it offered out positions worth a number of thousands and thousands in three China ETFs. Dalio additionally pumped over $100 million in two ETFs that monitor rising markets. Earlier this week, he stated buyers...