Berkshire (BRK.B) Trims BAC Stake: What Should Investors Know?
BACBank of America(BAC) ZACKS·2024-08-26 23:40

Warren Buffett’s Berkshire Hathaway Inc. (BRK.B) has again cut its stake in Bank of America (BAC) . The Oracle of Omaha offloaded nearly 14 million shares in three consecutive trading sessions. Berkshire now holds 928.5 million shares or about 12% stake in Bank of America. Despite the trimmed stake, BAC remains the third largest holding of Berkshire, with Apple (AAPL) occupying the top position (nearly 29% stake) followed by American Express (AXP) (a little more than 12% stake).Shares of Berkshire Hathaway ...