Warren Buffett’s Berkshire Hathaway (BRKa.N), opens new tab sold more Bank of America (BAC.N), opens new tab shares, boosting sales to more than $3 billion this month, taking profits after a big run-up in the second-largest U.S. bank’s stock price.
Berkshire sold 18.4 million Bank of America shares for $767 million between July 25 and 29, according to a Monday night regulatory filing.
It has sold 71.2 million shares for $3.05 billion since July 17, reducing its holdings in the Charlotte, North Carolina-based lender by 6.9% to 961.5 million shares.
Source: REUTER
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