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Welty, Volpe Sells PDA Shares: Welty, Volpe...

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Welty, Volpe Sells PDA Shares: Welty, Volpe & Co., a San Francisco venture firm, has reduced its interest in PDA Engineering Inc., a manufacturer of engineering products and computer software, from 8.4% to 6.3%, according to a filing with the Securities and Exchange Commission. Welty, Volpe sold 85,000 shares during the past 60 days for $10.25 to $12.25 a share, or $974,100. The sale reduced the firm’s holdings to 258,900 shares, the filing said.

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