Warren Buffett's Berkshire Trims Position In Its Second Biggest Stock Holding By $3.2B This Month: What It Means For Investors?
Bank of America(BAC) Benzinga·2024-07-30 16:48Warren Buffett-led Berkshire Hathaway, Inc. BRKBRK is shaving off its ownership interest in Bank of America Corp.’s BAC, one of its core holdings, and on Monday the investment holding firm disclosed the third sale for the month.What Happened: In a filing with the SEC late Monday, Berkshire disclosed it sold 18.42 million BofA shares valued at about $767 million, calculated using the weighted average price of the three tranches of transactions it provided. Following the disposal, Berkshire is still left with ...