Hennion & Walsh Asset Management Inc. lowered its stake in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) by 7.5% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 58,483 shares of the semiconductor manufacturer’s stock after selling 4,758 shares during the period. Broadcom makes up 0.6% of Hennion & Walsh Asset Management Inc.’s investment portfolio, making the stock its 24th biggest holding. Hennion & Walsh Asset Management Inc.’s holdings in Broadcom were worth $22,092,000 as of its most recent filing with the SEC. Wealth Management LLC now owns 110,048 shares of the semiconductor manufacturer’s stock worth $34,061,000 after purchasing an additional 62,050 shares in the last quarter.