Berkshire Hathaway Reduces Stake in Bank of America

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3 hours ago
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Berkshire Hathaway has reduced its holdings in Bank of America (BAC, Financial) to 775 million shares. This decrease brings its stake below the 776 million shares, which marks the 10% threshold for rapid disclosure according to the U.S. Securities and Exchange Commission (SEC) filings.

Over the past month, Bank of America’s stock has seen a 1.8% increase in price.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.