Warren Buffett's Berkshire trims Bank of America stake for the first time since 2019 after strong rally
BACBank of America(BAC) CNBC·2024-07-22 21:10

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024.Berkshire Hathaway trimmed its gigantic Bank of America holding for the first time in four and a half years following the bank's strong 2024 run.Warren Buffett's conglomerate sold 33.9 million shares of Bank of America shares for almost 1.5billioninseparatesalesonWednesday,Thursday,andFridayatanaveragesellingpriceof1.5 billion in separate sales on Wednesday, Thursday, and Friday at an average selling price of 43.56, a regulatory filing showed ...